SB 461 – Bars the state from contracting with banks that charge fees for unemployment insurance debit cards

• Sponsor: Callahan
• LR Number: 2130S.01I
• Committee: Financial and Governmental Organizations and Elections
• Last Action: 2/26/2009 - Second Read and Referred S Financial and Governmental Organizations and Elections Committee
• Journal Page: S425
• Effective Date: August 28, 2009

Current Bill Summary

SB 461 - The state is barred from entering into any contract with a financial institution for the purposes of issuing electronic payment cards for the disbursement of unemployment insurance benefits when the bank charges any fees for the use of such card or the administration of the account of the cardholder.

CHRIS HOGERTY