A 4927
Prohibits administrative fees on accounts and allowances of persons released from incarceration.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill prohibits banks from charging fees on checking accounts and debit cards established for individuals released from incarceration in New Jersey. It requires the Department of Corrections to assist inmates in opening accounts within 30 days of their release and ensures that any remaining funds are transferred to a new account or disbursed as cash. The bill aims to reduce financial barriers for formerly incarcerated individuals as they reintegrate into society.
Sponsors
Official sponsors from legislative records.
Primary sponsors
Kenyatta Stewart
Shanique Speight
Cosponsor
Vincent Kearney
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