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Bill Detail: HB18-1248

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Title Unauthorized Funds Transfers Consumer Protection
Status House Second Reading Laid Over to 05/10/2018 - No Amendments (04/02/2018)
Bill Subjects
  • Crimes, Corrections, & Enforcement
  • Financial Services & Commerce
House Sponsors T. Kraft-Tharp (D)
L. Sias (R)
Senate Sponsors K. Priola (R)
A. Williams (D)
House Committee Business Affairs & Labor
Senate Committee
Date Introduced 02/21/2018

Current law requires each Colorado bank that engages in electronic
funds transfers to provide certain protections to each account holder,
which is defined as a person having an established demand, savings, or
loan account at a Colorado bank. The bill amends the law to require banks
to provide such protections to each consumer, which is defined as an
individual who enters into a transaction primarily for personal, family, or
household purposes.

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Fiscal Notes Fiscal Notes (08/22/2018) (most recent)  
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