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Legislation


1998 Regular Session

HOUSE BILL 1147

File Code: Financial Institutions Prior Year Introduction As: HB 726/96 - CGM
Sponsored By:
Delegates Bobo, Benson, DeCarlo, Dypski, Kagan, Mandel, Moe, Pendergrass, and Pitkin
Entitled:
Banking Institutions - Basic Banking Accounts

Synopsis:

Requiring banking institutions to make low cost banking services available to consumers by offering a basic banking account or basic share draft account; establishing the terms, conditions, and fees of the account; authorizing a bank to require specified information from account holders and compliance with specified rules; authorizing a bank to request approval of the Bank Commissioner to offer an alternative account in lieu of a basic banking account; etc.

History by Legislative Date

House Action
2/13
First Reading Commerce and Government Matters
2/18
Hearing 3/18 at 1:15 p.m.
3/28
Unfavorable Report by Commerce and Government Matters
Senate Action
No Action
Sponsored by:
Delegate Elizabeth Bobo, District 12B
Delegate Joanne C. Benson, District 24
Delegate Diane DeCarlo, District 6
Delegate Cornell N. Dypski, District 46
Delegate Cheryl C. Kagan, District 17
Delegate Adrienne A. Mandel, District 19
Delegate Brian R. Moe, District 21
Delegate Shane E. Pendergrass, District 13A
Delegate Joan B. Pitkin, District 23
Bill indexed under the following Subjects:
BANKS AND TRUST COMPANIES
CHECKS
CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.
CREDIT UNIONS
DISCLOSURE
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
SAVINGS AND LOAN ASSOCIATIONS
Bill affects the following Statutes:
Financial Institutions
( 12-901 , 12-902 , 12-903 , 12-904 , 12-905 , 12-906 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
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