H.R. 946 - Consumer Overdraft Protection Fair Practices Act
- Sponsor:
- Carolyn B. Maloney
- Summary:
- Status:
- The bill has been introduced.
Consumer Overdraft Protection Fair Practices Act
H.R. 946 — 110th Congress (2007–2008)
- Summary
- To extend the protections of the Truth in Lending Act to overdraft protection programs and services provided by depository institutions, to require customer consent before a depository institution may initiate overdraft protection services and fees, to enhance the information made available to consumers relating to overdraft protection services and fees, to prohibit systematic manipulation in the posting of checks and other debits to a depository account for the purpose of generating overdraft protection fees, and for other purposes. (by CRS)
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- At OpenCongress
- Title
- To extend the protections of the Truth in Lending Act to overdraft protection programs and services provided by depository institutions, to require customer consent before a depository institution may initiate overdraft protection services and fees, to enhance the information made available to consumers relating to overdraft protection services and fees, to prohibit systematic manipulation in the posting of checks and other debits to a depository account for the purpose of generating overdraft protection fees, and for other purposes.
- Other Titles
- Consumer Overdraft Protection Fair Practices Act
- Sponsor
- Carolyn B. Maloney
- Co-Sponsors
- Bob Filner
- Brad Miller
- Sheila Jackson Lee
- John F. Tierney
- Raúl M. Grijalva
- Nita M. Lowey
- Gregory W. Meeks
- Keith Ellison
- Michael E. Capuano
- Jim McDermott
- Stephen F. Lynch
- Thomas Allen
- Zoe Lofgren
- Tim Ryan
- Neil Abercrombie
- Barbara Lee
- Barney Frank
- Maxine Waters
- Phil Hare
- Lloyd Doggett
- José E. Serrano
- Mazie K. Hirono
- Steve Cohen
- Danny K. Davis
- Don Young
- Michael M. Honda
- Eddie Bernice Johnson
- Luis V. Gutiérrez
- Henry A. Waxman
- Emanuel Cleaver
- Julia Carson
- Subjects
- Finance
- Administrative procedure
- Bank accounts
- Bank deposits
- Bank loans
- Banks and banking
- Business
- Checks
- Consumer education
- Consumer protection
- Consumers
- Contracts
- Deceptive advertising
- Electronic funds transfers
- Federal reserve system
- Fees
- Finance charges
- Law
- Technology
- Telecommunication
- Related Bills
- Major Actions
Introduced 2/08/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 2/08/2007 2/08/2007 Referred to the House Committee on Financial Services. 2/09/2007 Sponsor introductory remarks on measure. (CR 2/12/2007 E306) 4/12/2007 Referred to the Subcommittee on Financial Institutions and Consumer Credit. Number Sponsor Date Offered Status
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