ALBANY, NY—State Senator David J. Valesky (D-Oneida) today lauded the passage of the state’s fourth and historic consecutive on-time budget. This has not been accomplished with the same Governor and legislative leaders in more than 40 years.
Legislation sponsored by Senator David J. Valesky (D-Oneida) protecting seniors from financial abuse passed the Senate today.
Sen. Valesky, chair of the Senate Aging Committee, released a report on May 6 that shows financial abuse amongst New York's seniors to be more prevalent than initially thought, with much higher rates of undocumented incidents that actually exist. Data obtained by the New York State Office of Children and Family Services project a surge in the number of cases of financial abuse by the year 2030, with nearly 200,000 incidents predicted to occur.