SB 738 Pennsylvania Senate · 2025-2026 Regular Session

An Act amending the act of November 6, 1987 (P.L.381, No.79), known as the Older Adults Protective Services Act, providing for prevention of financial exploitation.

Senate Bill 738 amends the Older Adults Protective Services Act to create new requirements for financial institutions concerning the financial exploitation of older adults. It mandates that financial institution employees report suspected financial exploitation to a designated representative within two business days. If the representative finds reasonable cause, they must then report the suspected exploitation to the Department of Aging or an area agency on aging. This bill aims to establish a structured reporting system within financial institutions to protect older adults.

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

Governor

Introduced May 12, 2025 Last action Jul 11, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Printer's No. PN0763 → Printer's No. PN1867 · 4 edits

MODERATE

This bill update significantly expands the scope of protection for older adults by adding 'exploitation' and 'abandonment' to the list of reportable issues alongside abuse and neglect. It also modernizes the bill's title and updates the list of sponsoring senators to reflect recent legislative amendments.

Scope change

The bill's scope was broadened to explicitly cover financial exploitation and abandonment of the elderly, in addition to the previously covered abuse and neglect.

SCOPE

The bill's title and summary were updated to include 'exploitation' and 'abandonment' as reportable conditions, ensuring these specific harms are addressed under the law.

ELIGIBILITY

The list of sponsoring senators was updated to include new co-sponsors (Kane, Argall, Malone, Miller, and Farry) and to reflect that the bill has been amended and referred back to the Banking and Insurance committee.

TECHNICAL

The bill's printer number was updated from PN 0763 to PN 1867, indicating a new version of the document.

DEFINITION

Minor text adjustments were made to the definitions section, specifically clarifying the description of a 'financial institution employee' to include attorneys and financial professionals who have represented or assisted in managing an older adult's affairs.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 30, 2026

Upper · Passed

Reported as amended

upper

May 12, 2025

Committee

Referred to Banking & Insurance

upper

1 primary · 22 co-sponsors