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CT SB00708

Bill

Official Source

Status

Introduced

1/29/2021

Primary Sponsor

Dennis Bradley

Click for details

Origin

Senate

2021 General Assembly

AI Summary

  • Requires the Banking Commissioner to conduct a study determining the financial impact of overdraft protection programs offered by Connecticut banks and credit unions on customers in disadvantaged communities

  • Mandates the Banking Commissioner report findings from the study to the General Assembly

  • Applies to overdraft protection programs offered by all Connecticut banks and Connecticut credit unions

  • Focuses specifically on impact to customers in certain disadvantaged communities

Legislative Description

An Act Requiring The Banking Commissioner To Study The Financial Impact Certain Overdraft Protection Programs Have On Customers In Certain Disadvantaged Communities.

Last Action

Referred to Joint Committee on Banking

1/29/2021

Committee Referrals

Banking1/29/2021

Full Bill Text

No bill text available