Connecticut 2019 Regular Session

Connecticut Senate Bill SB00212 Latest Draft

Bill / Introduced Version Filed 01/22/2019

                             
 
LCO No. 2244   	1 of 1 
  
General Assembly  Proposed Bill No. 212  
January Session, 2019  
LCO No. 2244 
 
 
Referred to Committee on BANKING  
 
 
Introduced by:  
SEN. MARTIN, 31st Dist.  
 
 
 
AN ACT REQUIRING BANKS TO NOTIFY CUSTOMERS BEFORE THE 
EXPIRATION OF AUTOMATIC PAYMENTS AND AFTER ACCOUNT 
OVERDRAFTS. 
Be it enacted by the Senate and House of Representatives in General 
Assembly convened: 
 
That title 36a of the general statutes be amended to require banks to 1 
notify customers (1) before the bank's authorization to make automatic 2 
payments or transfers from the customer's account expires, and (2) 3 
immediately after the customer's account is overdrawn. 4 
Statement of Purpose:   
To require banks to notify customers before automatic payments or 
transfers from the customer's account expire and immediately after the 
customer's account is overdrawn.