S.2677: Stop Overdraft Profiteering Act of 2021

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Bill Summary

Stop Overdraft Profiteering Act of 2021 This bill prohibits a depository institution from engaging in certain acts in connection with overdraft coverage. Each depository institution that offers overdraft coverage for accounts must disclose overdraft coverage fees and certain related information. A depository institution must provide certain other disclosures regarding its overdraft protection program, including prompt notification of the...

(Source: Library of Congress)

Bill Actions

Date Description
May 4, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Aug. 9, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug. 9, 2021

Introduced in the Senate by Cory Booker (D-N.J.)

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