Legislation

Title: Consumer Protection - Banking Institutions - Unauthorized Debit Transactions (Consumer Bank Deposits Protection Act)
Sponsored by: Senator Kramer
Status: In the Senate - Hearing 2/09 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Prohibiting a consumer from being held liable for unauthorized debit transactions if the consumer notifies the banking institution within 90 days after receiving a periodic statement; requiring a banking institution to extend the time frame within which a consumer has to make a notification in cases of hospitalization, extended travel or if the Governor has declared a state of emergency; requiring a periodic bank statement, whether mailed or emailed, to display a certain message regarding unauthorized account transactions; etc.

Committees

Original:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2021

History

Legislation History
Chamber Senate Calendar Date 10/29/2020 Legislative Date 10/29/2020 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/13/2021 Legislative Date 1/13/2021 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Consumer Protection - Banking Institutions - Unauthorized Debit Transactions Proceedings
Chamber Senate Calendar Date 1/15/2021 Legislative Date 1/15/2021 Action Hearing 2/09 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	10/29/2020	10/29/2020	Pre-filed
Senate	1/13/2021	1/13/2021	First Reading Finance
			Text - First - Consumer Protection - Banking Institutions - Unauthorized Debit Transactions
Senate	1/15/2021	1/15/2021	Hearing 2/09 at 1:00 p.m.

File Code

Subjects

Statutes