CT HB05560

Requires businesses conducting business in the state to remove credit and debit card information upon customer request, effective October 1, 2016.

Lowers the age threshold for minors eligible for security freezes on credit reports from 18 to 16 years old, and allows parents or legal guardians to place security freezes on minor children's credit reports without requiring a PIN or password.

Extends the time limit for customers to discover and report unauthorized signatures or alterations on bank statements from one year to "on or before one year," and allows banks and customers to contractually reduce this timeframe provided the bank maintains good faith and ordinary care standards.

Requires general-use and linked prepaid card issuers to disclose toll-free numbers and website addresses for obtaining comprehensive fee information and replacement cards, and mandates no fees for card replacement or balance return unless the card was lost or stolen.

Requires repossession notices for motor vehicles to inform buyers they are responsible for removing personal property before the repossession date, and mandates holders of contracts inform buyers of the specific date the vehicle can be accessed for property removal.