Loading chat...

CT HB05051

Bill

Official Source

Status

Introduced

2/8/2010

Primary Sponsor

Roberta Willis

Click for details

Origin

House of Representatives

2010 General Assembly

AI Summary

  • Prohibits Connecticut banks, credit unions, and federal credit unions from charging overdraft fees or penalties when overdrafts result from errors or omissions in Social Security Administration direct deposit transactions
  • Limits Connecticut banks to charging a maximum of one overdraft fee or penalty per day per customer, rather than charging a fee for each individual overdraft occurrence
  • Takes effect on October 1, 2010
  • Amends Connecticut General Statutes Section 36a-303

Legislative Description

An Act Concerning Overdraft Fees.

Last Action

Public Hearing 02/25

2/19/2010

Committee Referrals

Banks2/8/2010

Full Bill Text

No bill text available