AN ACT relating to financial exploitation.

Amend KRS 209.990 to add persons age 65 and older to who can be a victim of exploitation; increase the amount of money lost to a person who knowingly exploits a victim from more than $300 to more than $500 and increase the penalty from a Class C felony to a Class B felony; increase the amount of money lost to a person who wantonly or recklessly exploits a victim from more than $300 to…

Introduced: March 2, 2026

Last action: March 19, 2026

To Committee On Committees (S)

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This bill strengthens protections against the financial exploitation of vulnerable adults, including people age 65 and older, by raising the dollar thresholds that trigger criminal charges and increasing the severity of penalties for those who exploit victims. It also requires investment advisors to complete training on financial exploitation and sets new rules for financial institutions when temporarily freezing accounts suspected of exploitation. Additionally, it allows Kentucky to seek the return of individuals who flee to…

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