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- H.R.4414
H.R.4414: Overdraft Fee Notification Act
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about finance and financial sector
- Introduced Nov. 18, 2005
- Latest Major Action Jan. 5, 2006
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Summary
Overdraft Fee Notification Act - Amends the Electronic Fund Transfer Act to prohibit a financial institution from imposing a fee or charge for overdraft protection service unless it has disclosed such charge to the consumer before the completion of the transaction that would result in an overdraft. Sets forth disclosure requirements. Requires such an institution to disclose in periodic statements to the consumer the annual percentage rate...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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|
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| Nov. 18, 2005 |
Introduced in the House by Kendrick B. Meek (D-Fla.) |