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- H.R.4254
H.R.4254: Overdraft Protection Act of 2019
About This Bill
- Introduced Sept. 9, 2019
- Latest Major Action Sept. 9, 2019
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
19 (All Democrats)
Bill Version
- Introduced in House - Sept. 9, 2019
Bill Summary
Overdraft Protection Act of 2019 This bill prohibits a depository institution from engaging in unfair or deceptive acts in connection with overdraft coverage. Each depository institution that offers overdraft coverage for accounts must disclose overdraft coverage fees. It must also disclose that the consumer's transaction may be declined if there are insufficient funds in the related transaction account, and the consumer will not be charged...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sept. 9, 2019 |
Referred to the House Committee on Financial Services.
|
Sept. 9, 2019 |
Introduced in the House by Carolyn B. Maloney (D-N.Y.) |