A new bill named ‘The Katy PERRY Act’ has been proposed amid the star’s legal battle with 84-year-old Carl Westcott over the purchasing of his estate

It aims to address the risks of “elder financial abuse” and establishes a 72-hour cooldown period in which either party can rescind the agreement without penalty.

Carl Westcott’s son Chart and his family are spearheading the launch of the Protecting Elder Realty for Retirement Years Act, or Katy PERRY Act.

According to a website, “The Katy PERRY Act addresses the risks of elder financial abuse, especially as it relates to property and real estate sales and transfers. The Act establishes a 72 hour cool-down period during which either party involved in a contract for conveyance of a personal residence, in which one party is over the age of 75, can rescind the agreement without penalty.”

Court documents from the Los Angeles County Superior Court argued: “The multiple opiate medications, which were a synthetic form of morphine, disoriented and intoxicated [Westcott], depriving him of reason and understanding with respect to the terms and consequences of the contract, and seriously impaired [Westcott’s] mental faculties to the point he was of unsound mind and not competent to give his free, voluntary, or intelligent consent to the contract.