Bill Text: CT SB00011 | 2013 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

Bill Title: An Act Requiring Notice Of The Reordering Of Banking Transactions.

Spectrum: Bipartisan Bill

Status: (Engrossed - Dead) 2013-04-25 - House Calendar Number 434 [SB00011 Detail]

Download: Connecticut-2013-SB00011-Introduced.html

---

General Assembly		Proposed Bill No. 11
January Session, 2013		LCO No. 185
Referred to Committee on BANKS
Introduced by:
SEN. LOONEY, 11th Dist.

AN ACT PROHIBITING THE REORDERING OF TRANSACTIONS FOR THE PURPOSE OF MAXIMIZING OVERDRAFT FEES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to prohibit banks from reordering transactions for the sole purpose of maximizing overdraft fees.

Statement of Purpose:

To create more fairness in banking.