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Searching...- Bills
- H.R.1456
H.R.1456: Consumer Overdraft Protection Fair Practices Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced March 12, 2009
- Latest Major Action March 19, 2009
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
16 (All Democrats)
Bill Summary
Consumer Overdraft Protection Fair Practices Act - Amends the Truth in Lending Act to set forth restrictions upon overdraft protection fees or services placed upon a consumer account in order to cover any debit due to insufficient funds in such account. Prohibits certain misrepresentations made by an institution that it will extend credit to cover all overdrafts. Prohibits specified advertising claims regarding overdraft protection programs or...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Subcommittee Hearings Held.
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| March 12, 2009 |
Introduced in the House by Carolyn B. Maloney (D-N.Y.) |