| Old | New | Differences | |
|---|---|---|---|
| 1 | - | General Assembly Substitute Bill No. 11 | |
| 2 | - | January Session, 2013 *_____SB00011BA____031413____* | |
| 1 | + | General Assembly Committee Bill No. 11 | |
| 2 | + | January Session, 2013 LCO No. 4382 | |
| 3 | + | *04382SB00011BA_* | |
| 4 | + | Referred to Committee on BANKS | |
| 5 | + | Introduced by: | |
| 6 | + | (BA) | |
| 3 | 7 | ||
| 4 | 8 | General Assembly | |
| 5 | 9 | ||
| 6 | - | ||
| 10 | + | Committee Bill No. 11 | |
| 7 | 11 | ||
| 8 | 12 | January Session, 2013 | |
| 9 | 13 | ||
| 10 | - | ||
| 14 | + | LCO No. 4382 | |
| 11 | 15 | ||
| 12 | - | AN ACT REQUIRING NOTICE OF THE REORDERING OF BANKING TRANSACTIONS. | |
| 16 | + | *04382SB00011BA_* | |
| 17 | + | ||
| 18 | + | Referred to Committee on BANKS | |
| 19 | + | ||
| 20 | + | Introduced by: | |
| 21 | + | ||
| 22 | + | (BA) | |
| 23 | + | ||
| 24 | + | AN ACT REQUIRING NOTICE OF THE REORDERING OF TRANSACTIONS. | |
| 13 | 25 | ||
| 14 | 26 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 15 | 27 | ||
| 16 | - | Section 1. (NEW) (Effective October 1, 2013) A bank, as defined in section 36a- | |
| 28 | + | Section 1. (NEW) (Effective October 1, 2013) A bank, as defined in section 36a-1 of the general statutes, shall provide written notice to its account-holding customers regarding (1) the order in which the bank processes and posts each transaction that occurs during a single day on a customer's account, and (2) whether the bank may change the order in which it processes or posts account transactions occurring during a single day and the reasons for any such reordering. | |
| 17 | 29 | ||
| 18 | 30 | ||
| 19 | 31 | ||
| 20 | 32 | ||
| 21 | 33 | This act shall take effect as follows and shall amend the following sections: | |
| 22 | 34 | Section 1 October 1, 2013 New section | |
| 23 | 35 | ||
| 24 | 36 | This act shall take effect as follows and shall amend the following sections: | |
| 25 | 37 | ||
| 26 | 38 | Section 1 | |
| 27 | 39 | ||
| 28 | 40 | October 1, 2013 | |
| 29 | 41 | ||
| 30 | 42 | New section | |
| 31 | 43 | ||
| 44 | + | Statement of Purpose: | |
| 45 | + | ||
| 46 | + | To create more fairness in banking. | |
| 47 | + | ||
| 48 | + | [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] | |
| 32 | 49 | ||
| 33 | 50 | ||
| 34 | - | BA Joint Favorable Subst. | |
| 35 | 51 | ||
| 36 | - | ||
| 52 | + | Co-Sponsors: SEN. LOONEY, 11th Dist. | |
| 37 | 53 | ||
| 38 | - | Joint Favorable Subst. | |
| 54 | + | Co-Sponsors: | |
| 55 | + | ||
| 56 | + | SEN. LOONEY, 11th Dist. | |
| 57 | + | ||
| 58 | + | S.B. 11 |