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- S.2200
S.2200: Consumer Debit Card Protection Act of 2014
About This Bill
- Introduced April 2, 2014
- Latest Major Action April 2, 2014
Bill Sponsor
Bill Cosponsor
Bill Summary
Consumer Debit Card Protection Act of 2014 - Amends the Electronic Fund Transfer Act to require a financial institution to recredit a consumer's account within 7 days (currently, 10 days) after receiving notice of an error in the manner of an electronic debit transaction. Limits consumer liability for unauthorized use of a debit card to the following circumstances: the debit card is an accepted debit card; the liability does not exceed $50;...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 2, 2014 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| April 2, 2014 |
Introduced in the Senate by Mark Warner (D-Va.) |