Kentucky legislation · 2026 Regular Session
Kentucky HB794: AN ACT relating to financial exploitation.
Status: In committee, March 19, 2026
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 more than $500 and increase the penalty from a Class D felony to a Class C felony; increase the amount of money lost to a person who knowingly, wantonly, or recklessly exploits a victim from $300 or less to $500 or less and increase the penalty from a Class A misdemeanor to a Class D felony; allow the Attorney General to demand the Governor of another state to surrender a person found in another state who is charged in Kentucky with exploitation; amend KRS 292.338 to require registered investment advisor representatives to complete at least 3 hours of continuing education covering financial exploitation each reporting period; amend KRS 365.245 to require a qualified person to create and maintain a record of a temporary hold, develop training policies and programs and conduct training on issues regarding financial exploitation, and develop, maintain, and enforce procedures regarding internal review before placing a temporary hold a specified adult's account.
What the bill says
An act relating to financial exploitation.
From the engrossed text:
AN ACT relating to financial exploitation. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 209.990 is amended to read as follows: (1) Any person who[Anyone] knowingly or wantonly violates[violating the provisions of] KRS 209.030(2) shall be guilty of a Class B misdemeanor[ as designated in KRS 532.090]. Each violation shall constitute a separate offense. (2) Any person who knowingly abuses or neglects an adult is guilty of a Class C felony. (3) Any person who wantonly abuses or neglects an adult is guilty of a Class D felony. (4) Any person who recklessly abuses or neglects an adult is guilty of a Class A misdemeanor. (5) Any person who knowingly exploits an adult or a person sixty-five (65) years of age or older, resulting in a total loss to the victim[adult] of more than one thousand dollars ($1,000)[three hundred dollars ($300)] in financial or other resources, or both, is guilty of a Class B[Class C] felony. (6) Any person who wantonly or recklessly exploits an adult or a person sixty-five (65) years of age or older, resulting in a total loss to the victim[adult] of more than one thousand dollars ($1,000)[three hundred dollars ($300)] in financial or other resources, or both, is guilty of a Class C[Class D] felony. (7) Any person who …
Sponsors
- Matt Lockett (R, HD-039) · primary sponsor
- Michael Pollock (R, HD-051)
- Chad Aull (D, HD-079)
- George Brown (D, HD-077)
- Beverly Chester-Burton (D, HD-044)
- Daniel Grossberg (D, HD-030)
- Kimberly Moser (R, HD-064)
Latest actions
- : to Committee on Committees (S)
- : received in Senate
- : 3rd reading, passed 94-0 with Committee Substitute (1)
- : posted for passage in the Regular Orders of the Day for Tuesday, March 17 2026
- : 2nd reading, to Rules
- : reported favorably, 1st reading, to Calendar with Committee Substitute (1)
- : to Banking & Insurance (H)
- : to Committee on Committees (H)
- : introduced in House
Votes
- House: Pass RCS# 279 (March 18, 2026): 94 yea, 0 nay, passed
Subjects: Criminal Procedure, Crimes And Punishments, Occupations And Professions, Corrections Impact, Attorney General, Banks And Financial Institutions
Common questions
- What is HB794?
- HB794 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to financial exploitation.
- What does HB794 do?
- In its own words: An act relating to financial exploitation.
- What is the status of HB794?
- In committee as of March 19, 2026. Latest action: to Committee on Committees (S) (March 19, 2026).
- Who sponsored HB794?
- Matt Lockett (R, HD-039), with 6 co-sponsors.
- Where is the official record for HB794?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb794.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.