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NJ SCR103
Concurrent Resolution
Status
Introduced
2/24/2026
Primary Sponsor
Angela Mcknight
Click for details
AI Summary
- Urges the President and Congress to enact legislation requiring federally-regulated banks and depository institutions to provide paper account statements to elder adults without charge
- Addresses the practice of banks charging fees for paper statements, which disproportionately affects seniors who do not own or regularly use computers and electronic devices
- Notes that while New Jersey Senate Bill No. 2787 would require state-regulated banks to provide free paper statements to elder adults, federal preemption prevents states from regulating federally-chartered institutions
- Directs copies of the resolution to be sent to the President and all members of Congress upon filing with the Secretary of State
Legislative Description
Urges President and Congress of United States to enact legislation requiring paper account statements be provided to elder adults.
Health, Human Services and Senior Citizens
Last Action
Introduced in the Senate, Referred to Senate Health, Human Services and Senior Citizens Committee
2/24/2026
Committee Referrals
Health, Human Services and Senior Citizens2/24/2026
Full Bill Text
No bill text available