SECTION 1.  Chapter 29 of the General Laws, as appearing in the 2004 Official Edition,  is hereby amended by inserting, after Section 2NNN, as inserted by section 50 of chapter 43 of the Acts of 1997, the following new section:—

Section 2OOO. There is hereby established and set up on the books of the commonwealth a separate fund to be known as the Senior Citizens and Disabled Persons Abuse Prevention Fund. There shall be credited to said fund all revenues which are generated under the provisions of section 4 of chapter 93A which are in excess of any such revenues which were collected during each fiscal year. Amounts credited to said fund shall be available for expenditure, subject to appropriation, to

(1) prepare and distribute educational materials to inform senior citizens, disabled persons and other citizens of the commonwealth regarding consumer protection laws and consumer rights that are of particular interest to senior citizens or disabled persons, and

(2) to underwrite educational seminars and other forms of education and projects designed to explain deceptive investment or marketing practices which have historically targeted senior citizens and disabled persons.

SECTION 2. Section 1 of Chapter 93A of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by inserting the following paragraphs:—

(e) “Senior Citizen”, a person who is at least 65 years of age.

(f) “Persons with disabilities”, a person who has a physical or mental impairment which substantially limits one or more fundamental life activities. For the purposes of this paragraph, “physical or mental impairment” shall include such diseases or conditions as orthopedic, visual, speech and hearing impairment, cancer, heart disease, diabetes, mental retardation, and emotional illness; “fundamental life activities” shall include activities such as caring for one’s self, performing annual tasks, walking, seeing, hearing, speaking, breathing, learning and working.

SECTION 3. Section 4 of chapter 93A of the General Laws, as appearing in the 2004 Official Edition,  is hereby amended by inserting the following at the end of the first paragraph:—

“The court may also require such person to pay to the Commonwealth an additional civil penalty of not more than $2,500 for each such violation if the court finds that each violation was perpetrated against one or more senior citizens or persons with disabilities.

In determining whether to impose the additional civil penalty pursuant to this section and the amount thereof, the court shall consider, in addition to any other appropriate factors, the extent to which one or more of the following factors are present:

(1) Whether the defendant knew or should have known that his or her conduct was directed at one or more senior citizens or persons with disabilities.

(2) Whether the defendant’s conduct caused one or more senior citizens or persons with disabilities to suffer: loss or encumbrance of a primary residence, principal employment, or source of income; substantial loss of property or assets set aside or held for retirement or for personal or family care and maintenance; substantial loss of payments received under a pension or retirement plan or a government benefits program; or assets essential to the health or welfare of the senior citizens or persons with disabilities.

(3) Whether one or more senior citizens or persons with disabilities are substantially more vulnerable than other members of the public to the defendant’s conduct because of age, poor health or infirmity, impaired understanding, restricted mobility, or disability, and actually suffered substantial physical, emotional or economic damage resulting from the defendant’s conduct.”