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| | HR0089 | | LRB101 07932 MST 52987 r |
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| 1 | | HOUSE RESOLUTION
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| 2 | | WHEREAS, Nearly all domestic violence victims also face |
| 3 | | financial abuse, and there is a new push to shine a light on |
| 4 | | this invisible form of abuse; and
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| 5 | | WHEREAS, Intimate partner violence costs the country an |
| 6 | | estimated $8.3 billion each year in mental health and medical |
| 7 | | care and lost productivity from paid and household work; |
| 8 | | victims of domestic violence bear tremendous additional costs |
| 9 | | over their lifetimes from dealing with the criminal justice |
| 10 | | system and incurring losses related to health problems and work |
| 11 | | productivity; some studies estimate those costs at more than |
| 12 | | $100,000 for women and $23,000 for men; and
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| 13 | | WHEREAS, An abuser might destroy the victim's credit by |
| 14 | | taking out cards in the partner's name and racking up debt, |
| 15 | | ruining the victim's ability to get an apartment or a car; an |
| 16 | | abuser might empty joint bank accounts; the abuser often |
| 17 | | micromanages the family's money, allotting the victim an |
| 18 | | allowance and demanding approval of every purchase; other |
| 19 | | abusers sabotage victims' employment by refusing to let them |
| 20 | | use the car or disrupting them at the workplace; and |
| 21 | | WHEREAS, Financial abuse has few specific programs or laws |
| 22 | | to address it in the U.S. but new financial abuse legislation |