H.R. 1456 - Consumer Overdraft Protection Fair Practices Act
- Sponsor:
- Carolyn Maloney
- Summary:
- Status:
- The bill has been introduced.
Consumer Overdraft Protection Fair Practices Act
H.R. 1456 — 111th Congress (2009–2010)
- Keywords
- Banking, Overdrafts
- 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)
- Learn More
- 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 Maloney
- Co-Sponsors
- Subjects
- Finance and financial sector
- Administrative law and regulatory procedures
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Consumer affairs
- Federal Reserve System
- Financial services and investments
- Marketing and advertising
- User charges and fees
- Related Bills
- Major Actions
Introduced 3/12/2009 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 3/12/2009 3/12/2009 Referred to the House Committee on Financial Services. 3/12/2009 Sponsor introductory remarks on measure. (CR E663) 3/19/2009 Referred to the Subcommittee on Financial Institutions and Consumer Credit. 3/19/2009 Subcommittee Hearings Held. Number Sponsor Date Offered Status
Contributions
- January - February 2009 For $972,176 Against $314,951
- March - April 2009 For $2,775,861 Against $841,629
- May - June 2009 For $3,530,459 Against $1,031,099
- July - August 2009 For $1,455,426 Against $541,954
- September - October 2009 For $3,225,856 Against $950,996
- November - December 2009 For $2,858,149 Against $694,492
- January - February 2010 For $1,539,657 Against $525,715
- March - April 2010 For $3,888,734 Against $1,029,036
- May - June 2010 For $4,023,140 Against $1,038,629
- July - August 2010 For $2,647,514 Against $849,513
- September - October 2010 For $7,021,013 Against $2,210,793
- November - December 2010 For $438,427 Against $37,300
Votes
Contributions data source: OpenSecrets.org
