Prevents the financial exploitation of older and vulnerable adults
Summary
Allows for investment advisers and firms to disclose potential financial exploitation of elderly and vulnerable adults to the commissioner of the department of financial services and to halt disbursements from an account if an adviser or firm believes that financial exploitation is occurring.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO CONSUMER PROTECTION
upper
Jan 9, 2025
Committee
REFERRED TO CONSUMER PROTECTION
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
George Borrello
RRepublican/Conservative
Co
James Sanders
DDemocratic
Co
Peter Oberacker
RRepublican/Conservative
Ask Maddy
·
AI policy assistant
Ask Maddy about S 1293
Scope: NY
Hi! I can help you understand S 1293. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline