California 2025 2025-2026 Regular Session

California Assembly Bill AB83 Introduced / Bill

Filed 12/20/2024

                    CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 83Introduced by Assembly Member PachecoDecember 20, 2024 An act to add Division 27 (commencing with Section 120000) to the Financial Code, relating to business. LEGISLATIVE COUNSEL'S DIGESTAB 83, as introduced, Pacheco. Department of Financial Protection and Innovation: elder abuse prevention plan.Existing law establishes in the Business, Consumer Services, and Housing Agency a Department of Financial Protection and Innovation under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services.This bill would direct the department to require companies to submit to the department an elder abuse prevention plan.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: YES  Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Division 27 (commencing with Section 120000) is added to the Financial Code, to read:DIVISION 27. Elder Abuse Prevention120000. The Department of Financial Protection and Innovation shall require companies to submit to the department an elder abuse prevention plan.

 CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 83Introduced by Assembly Member PachecoDecember 20, 2024 An act to add Division 27 (commencing with Section 120000) to the Financial Code, relating to business. LEGISLATIVE COUNSEL'S DIGESTAB 83, as introduced, Pacheco. Department of Financial Protection and Innovation: elder abuse prevention plan.Existing law establishes in the Business, Consumer Services, and Housing Agency a Department of Financial Protection and Innovation under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services.This bill would direct the department to require companies to submit to the department an elder abuse prevention plan.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: YES  Local Program: NO 





 CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION

 Assembly Bill 

No. 83

Introduced by Assembly Member PachecoDecember 20, 2024

Introduced by Assembly Member Pacheco
December 20, 2024

 An act to add Division 27 (commencing with Section 120000) to the Financial Code, relating to business. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

AB 83, as introduced, Pacheco. Department of Financial Protection and Innovation: elder abuse prevention plan.

Existing law establishes in the Business, Consumer Services, and Housing Agency a Department of Financial Protection and Innovation under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services.This bill would direct the department to require companies to submit to the department an elder abuse prevention plan.

Existing law establishes in the Business, Consumer Services, and Housing Agency a Department of Financial Protection and Innovation under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services.

This bill would direct the department to require companies to submit to the department an elder abuse prevention plan.

## Digest Key

## Bill Text

The people of the State of California do enact as follows:SECTION 1. Division 27 (commencing with Section 120000) is added to the Financial Code, to read:DIVISION 27. Elder Abuse Prevention120000. The Department of Financial Protection and Innovation shall require companies to submit to the department an elder abuse prevention plan.

The people of the State of California do enact as follows:

## The people of the State of California do enact as follows:

SECTION 1. Division 27 (commencing with Section 120000) is added to the Financial Code, to read:DIVISION 27. Elder Abuse Prevention120000. The Department of Financial Protection and Innovation shall require companies to submit to the department an elder abuse prevention plan.

SECTION 1. Division 27 (commencing with Section 120000) is added to the Financial Code, to read:

### SECTION 1.

DIVISION 27. Elder Abuse Prevention120000. The Department of Financial Protection and Innovation shall require companies to submit to the department an elder abuse prevention plan.

DIVISION 27. Elder Abuse Prevention120000. The Department of Financial Protection and Innovation shall require companies to submit to the department an elder abuse prevention plan.

DIVISION 27. Elder Abuse Prevention

DIVISION 27. Elder Abuse Prevention

120000. The Department of Financial Protection and Innovation shall require companies to submit to the department an elder abuse prevention plan.



120000. The Department of Financial Protection and Innovation shall require companies to submit to the department an elder abuse prevention plan.