Idaho Capitol Watch
HB 182: CORPORATIONS – Adds to existing law to establish provisions regarding the protection of vulnerable adults from financial exploitation.
Adds new section 30-14-511 to Idaho Code to protect vulnerable adults (65+ or impaired) from financial exploitation. Authorizes broker-dealers, investment advisers, and financial institutions to report suspected exploitation to authorized agencies, place temporary holds on transactions (up to 30 business days), and share records. Provides immunity for good faith actions. Effective July 1, 2025.
Status
Reported Printed (February 11, 2025) · Originated in the Idaho House · Introduced February 10, 2025
Sponsors
- BUSINESS COMMITTEE
Committees
- JRA for Printing
Bill history
- February 10, 2025 — House: Introduced, read first time, referred to JRA for Printing
- February 11, 2025 — House: Reported Printed and Referred to Business
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