House Financial Institutions and Pensions Hears Bill on Financial Exploitation Act

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House Financial Institutions and Pensions Hears Bill on Financial Exploitation Act

senior and provider hands (Jan. 29, 2024) – Today, the House Financial Institutions and Pensions Committee, chaired by Representative Nick Hoheisel (R-Wichita), held hearings on legislation, including House Bill 2562, the Protection of Vulnerable Adults from Financial Exploitation Act. The committee heard from proponents:

Eric Turek, Kansas Insurance Department
Clay Johnson, assistant general counsel, Kansas Insurance Department
Travis Grauerholz, National Association of Insurance and Financial Advisors
Glenda DuBoise, state director, AARP
Leslie Anderson, executive director, Kansas Department for Aging and Disability Services

There was no neutral or opposition testimony. The committee will meet again this week to hear and work the bills before them.

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