Robin Green Did Not Vote on this Legislation.
Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available
Signed by Governor Ned Lamont
Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available
Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available
Vote to pass a bill that authorizes banking institutions to make low-cost bank accounts available.
Requires each banking institution to “make available to consumers residing in the state a basic banking account” (Page 2).
Prohibits such accounts from including fees such as overdrafts, nonsufficient funds, etc (Page 2).
Requires banking institutions to post “conspicuous” notice of availability of such accounts (Page 2).
Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available