General Assembly Proposed Bill No. 11
January Session, 2013 LCO No. 185
Referred to Committee on BANKS
Introduced by:
SEN. LOONEY, 11th Dist.
General Assembly
Proposed Bill No. 11
January Session, 2013
LCO No. 185
Referred to Committee on BANKS
Introduced by:
SEN. LOONEY, 11th Dist.
AN ACT PROHIBITING THE REORDERING OF TRANSACTIONS FOR THE PURPOSE OF MAXIMIZING OVERDRAFT FEES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to prohibit banks from reordering transactions for the sole purpose of maximizing overdraft fees.
Statement of Purpose:
To create more fairness in banking.