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Code · BILL · 113th Congress · S. 1734 (Introduced in Senate) — To amend the Older Americans Act of 1965 to provide for a Seniors' Financial Bill of Rights, and for other purposes. · Sec. 3

Sec. 3. Seniors' Financial Bill of Rights

193 words·~1 min read·/bill/113/s/1734/is/section-3

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Section 307(a) of the Older Americans Act of 1965 ( 42 U.S.C. 3027(a) ) is amended by adding at the end the following: The plan shall include an assurance that the State will establish— a State Seniors' Financial Bill of Rights that— addresses access by older individuals to— sufficient information about their financial rights, specifically rights with regard to powers of attorney and the duties of their agents or attorneys under a power of attorney, and of fiduciaries; financial counseling resources to make informed financial choices; legal assistance to protect their financial rights; adult protective services and appropriate law enforcement and regulatory authorities, in situations in which financial exploitation is alleged or suspected; and information about signs of financial exploitation and where to go for help; and assures that agents or attorneys under a power of attorney, fiduciaries, staff that provide long-term care, financial institutions, and law enforcement agencies have sufficient information about the financial rights of, and signs of financial exploitation of, older individuals; and means for older individuals, and individuals and entities described in subparagraph (A)(ii), to obtain those rights to information, resources, and assistance, as the case may be. .
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Sec. 3
Seniors' Financial Bill of Rights
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