MD HB1499 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 25-0)
Status: Introduced on February 10 2017 - 25% progression, died in chamber
Action: 2017-03-15 - Unfavorable Report by Economic Matters
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2017 - 25% progression, died in chamber
Action: 2017-03-15 - Unfavorable Report by Economic Matters
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring that an overdraft protection plan of a banking institution be made available to customers only on an optional basis; requiring the plan to disclose, in a specified manner, specified fees and penalties and the method of applying debits and credits to a customer's account; requiring the plan to allow a customer to address an overdraft on a specified day and in a specified manner; etc.
Title
Consumer Protection - Bank Overdraft Plans - Requirements
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-15 | House | Unfavorable Report by Economic Matters |
| 2017-03-10 | House | Hearing 3/10 at 1:00 p.m. |
| 2017-02-10 | House | First Reading Economic Matters |
Subjects
Banks and Trust Companies
Commercial Law - Consumer Protection
Consumer Protection
Disclosure
Fees
Financial Institutions
Penalties and Sentences
Unfair Trade Practices
Commercial Law - Consumer Protection
Consumer Protection
Disclosure
Fees
Financial Institutions
Penalties and Sentences
Unfair Trade Practices
