SENATE BILL 234

Sponsored By:

Senators Stone and Brochin

Entitled:

Commercial Law - Electronic Check Conversion Payments - Notice and Consent

Synopsis:

Prohibiting specified persons from using specified checks to make electronic check conversion payments unless consumers receive a specified notice and consent; specifying the content of the notice; and providing for a civil penalty.

History by Legislative Date

Senate Action

1/28

First Reading Finance

Hearing 2/10 at 1:00 p.m.

2/16

Unfavorable Report by Finance

House Action

No Action

Sponsored by:

Senator Norman R. Stone, Jr., District 6

Senator Jim Brochin, District 42

Bill indexed under the following Subjects:

ATTORNEY GENERAL

CHECKS

CIVIL ACTIONS -see also- SMALL CLAIMS

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

DISCLOSURE

ELECTRONIC COMMERCE -see also- ELECTRONIC FUNDS TRANSFER

ELECTRONIC FUNDS TRANSFER

FEES -see also- DEVELOPMENT FEES AND TAXES

FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.

NOTICES

PENALTIES

Bill affects the following Statute:

Commercial Law

( 14-1319 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered