07 LC 34
1012
House
Resolution 278
By:
Representatives Beasley-Teague of the
65th,
Fludd of the
66th,
Brooks of the
63rd,
Stanley-Turner of the
53rd,
and Jordan of the
77th
A
RESOLUTION
Urging
the Congress of the United States to enact legislation that would penalize banks
and other financial institutions for continuing to automatically deduct money
from accounts after receiving appropriate notice from the account holder to stop
making such automatic deduction; and for other purposes.
WHEREAS,
many banks, financial institutions, and commercial establishments offer
preferred rates and services to individuals that allow payments to be
automatically deducted from their accounts; and
WHEREAS,
oftentimes, in the course of commerce, things may go awry in an
individual´s dealings with a bank, financial institution, or commercial
establishment that cause the individual to want to end the automatic deductions
from his or her account; and
WHEREAS,
currently, banks and financial institutions that continue to automatically
deduct payments from an individual´s account after proper notification to
stop are not subject to any penalty; and
WHEREAS,
this practice causes great harm to the affected individual and leaves him or her
with no effective remedy.
NOW,
THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES that the members of
the U.S. Congress are urged to enact legislation to allow for the creation of a
system to penalize banks and financial institutions that do not stop automatic
deductions from accounts after receiving proper notice.
BE
IT FURTHER RESOLVED that the Clerk of the House of Representatives is authorized
and directed to transmit an appropriate copy of this resolution to each member
of the Georgia congressional delegation.