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.