Relates to increasing penalties for certain larceny and fraud crimes against elderly persons

This bill increases penalties for theft and fraud targeting individuals aged 60 or older, classifying these crimes as Class B felonies. It directly affects elderly victims (60+) and perpetrators of such offenses, including common scams like identity theft or fake tech support calls. The law creates two new criminal provisions: Section 165.80 for theft against elderly persons and Section 190.91 for fraud against elderly persons, both elevating penalties from lesser offenses. This change reflects legislative intent to address a 14% rise in elder fraud complaints (2023) and $77.7 billion in global fraud linked to elderly victims annually.