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CT SB00088

Bill

Official Source

Status

Introduced

1/13/2011

Primary Sponsor

Kevin Witkos

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Amends Connecticut General Statutes Section 36a-303 to require banks and credit unions to offer customers an option to waive overdraft protection on debit card purchases
  • Allows customers to choose between incurring overdraft fees or having the debit card purchase denied at the point of sale
  • Applies to all Connecticut banks and credit unions
  • Referred to the Committee on Banks during the January 2011 legislative session
  • Aims to give customers greater control over overdraft fees and penalties on debit transactions

Legislative Description

An Act Concerning Waiving Automatic Overdraft Protection On Debit Card Purchases.

Last Action

Public Hearing 02/10

2/4/2011

Committee Referrals

Banks1/13/2011

Full Bill Text

No bill text available