[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2643 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 2643

  To protect innocent parties from certain fees imposed by depository 
      institutions for dishonored checks, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 25, 2005

Mr. Weiner (for himself, Mr. Ackerman, Mr. Berman, Mr. Blumenauer, Mr. 
  Brady of Pennsylvania, Mr. Conyers, Mr. Cummings, Mr. DeFazio, Ms. 
 DeLauro, Mr. Engel, Mr. Evans, Mr. Grijalva, Mr. Hastings of Florida, 
    Mr. Hinchey, Ms. Jackson-Lee of Texas, Mrs. Jones of Ohio, Ms. 
   Kilpatrick of Michigan, Mr. Kucinich, Ms. Lee, Mrs. Maloney, Mr. 
McDermott, Mr. George Miller of California, Mr. Neal of Massachusetts, 
   Mr. Owens, Mr. Payne, Mr. Sanders, Ms. Schakowsky, Mr. Stark, Ms. 
Wasserman Schultz, Ms. Watson, Mr. Waxman, and Mr. Wynn) introduced the 
   following bill; which was referred to the Committee on Financial 
                                Services

_______________________________________________________________________

                                 A BILL


 
  To protect innocent parties from certain fees imposed by depository 
      institutions for dishonored checks, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Innocent Check Depositor Protection 
Act''.

SEC. 2. CERTAIN CHECK DISHONORMENT FEES PROHIBITED.

    (a) In General.--Section 607 of the Expedited Funds Availability 
Act (12 U.S.C. 4006) (relating to miscellaneous provisions) is amended 
by adding at the end the following new subsection:
    ``(f) Fees on Dishonored Checks.--
            ``(1) Receiving depository institution.--In the case of a 
        check drawn on an account at an originating institution which 
        is dishonored by the originating institution due to the lack of 
        sufficient funds in such account to pay the check, a receiving 
        depository institution may not impose any fee on the depositor, 
        in connection with such check, due to such dishonorment.
            ``(2) Rule of construction.--No provision of this section 
        shall be construed as affecting any intervening depository 
        institution or the costs of the services provided by such 
        depository institution.''.
    (b) Effective Date.--The amendment made by this section shall apply 
after the end of the 180-day period beginning on the date of the 
enactment of this Act.
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