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116-hr-6576116th Congress

Stop Overdraft Profiteering during COVID–19 Emergency Act of 2020

Sponsored By: Representative Cicilline, David N. [D-RI-1]

Unknown

Summary

Stop Overdraft Profiteering during COVID-19 Emergency Act of 2020 This bill suspends, during a major disaster or emergency declaration and for 120 days after the end of the incident period, certain penalties applicable to consumer transaction accounts. During such a period, depository institutions are prohibited from charging checking-account penalties (i.e., non-sufficient fund fees and overdraft coverage fees), or  reporting a consumer's overdraft use to a credit reporting agency.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Cicilline, David N. [D-RI-1]

RI • D

Cosponsors

  • Rep. Maloney, Carolyn B. [D-NY-12]

    NY • D

    Sponsored 4/21/2020

  • Rep. Thompson, Bennie G. [D-MS-2]

    MS • D

    Sponsored 5/1/2020

  • Rep. Jayapal, Pramila [D-WA-7]

    WA • D

    Sponsored 5/1/2020

  • Rep. Schakowsky, Janice D. [D-IL-9]

    IL • D

    Sponsored 5/1/2020

  • Rep. McGovern, James P. [D-MA-2]

    MA • D

    Sponsored 5/1/2020

  • Rep. Watson Coleman, Bonnie [D-NJ-12]

    NJ • D

    Sponsored 5/1/2020

  • Rep. Langevin, James R. [D-RI-2]

    RI • D

    Sponsored 5/1/2020

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 6/8/2020

  • Rep. Raskin, Jamie [D-MD-8]

    MD • D

    Sponsored 6/8/2020

  • Rep. Scanlon, Mary Gay [D-PA-5]

    PA • D

    Sponsored 6/25/2020

  • Rep. Velázquez, Nydia M. [D-NY-7]

    NY • D

    Sponsored 6/25/2020

  • Rep. Levin, Mike [D-CA-49]

    CA • D

    Sponsored 6/25/2020

  • Rep. Rush, Bobby L. [D-IL-1]

    IL • D

    Sponsored 6/25/2020

Roll Call Votes

No roll call votes available for this bill.

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