Bill Text: CT SB00129 | 2015 | General Assembly | Introduced

Connecticut Senate Bill 129 (Prior Session Legislation)

Introduced

Bill Title: An Act Prohibiting A Penalty Increase For The Early Withdrawal Of A Certificate Of Deposit.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-01-20 - Referred to Joint Committee on Banking [SB00129 Detail]

Download: Connecticut-2015-SB00129-Introduced.html


General Assembly		*Proposed Bill No. 129*
*January Session, 2015*		LCO No. 1849
		01849
Referred to Committee on BANKING
Introduced by:
SEN. LINARES, 33^rd Dist. (By Request)

AN ACT PROHIBITING A PENALTY INCREASE FOR THE EARLY WITHDRAWAL OF A CERTIFICATE OF DEPOSIT.

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

That title 36a of the general statutes be amended to prohibit an increase in the penalty for the early withdrawal of a certificate of deposit beyond the set contractual limit.

Statement of Purpose:

To prohibit an increase in the penalty for the early withdrawal of a certificate of deposit beyond the set contractual limit.