H 1327
An Act relative to inactive bank account fees
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, H.1327, aimed to regulate fees charged by banks for inactive bank accounts. It proposed establishing a clear threshold for inactivity and limiting the fees that could be assessed on accounts that met that criteria. The bill sought to provide greater transparency and protect consumers from potentially excessive fees for dormant accounts. Ultimately, the bill failed to pass.
Sponsors
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Primary sponsor
Todd M. Smola
Cosponsor
Todd M. Smola
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