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New Hampshire Underground => Underground Projects => Topic started by: Dave Ridley on January 16, 2006, 06:13 AM NHFT

Title: bank acct. bill jan 17
Post by: Dave Ridley on January 16, 2006, 06:13 AM NHFT
http://generalcourt.org/bills/2006/HB1668

1:15pm
RM 302 LOB   Hearing: HB1668

AN ACT relative to providing bank account balance information.

SPONSORS: Rep. Kurk, Hills 7 ( 75.00%)

COMMITTEE: Commerce

ANALYSIS

This bill requires state-regulated financial institutions to offer account holders the option to have their transaction receipts printed without showing the account balance.

Title: Re: bank acct. bill jan 17
Post by: Fluff and Stuff on January 16, 2006, 11:49 AM NHFT
Quote from: DadaOrwell on January 16, 2006, 06:13 AM NHFT
This bill requires state-regulated financial institutions to offer account holders the option to have their transaction receipts printed without showing the account balance.

That is how they print it at my bank. ?It takes less time and costs the bank less money.
Title: Re: bank acct. bill jan 17
Post by: KBCraig on January 16, 2006, 11:55 AM NHFT
Quote from: DadaOrwell on January 16, 2006, 06:13 AM NHFT
ANALYSIS

This bill requires state-regulated financial institutions to offer account holders the option to have their transaction receipts printed without showing the account balance.

Here's my analysis: it's none of the state's business.

Title: Re: bank acct. bill jan 17
Post by: Gabo on January 17, 2006, 05:54 PM NHFT
Quote from: KBCraig on January 16, 2006, 11:55 AM NHFTHere's my analysis: it's none of the state's business.
Agreed.
Title: Re: bank acct. bill jan 17
Post by: Dave Ridley on January 17, 2006, 10:34 PM NHFT
I did get to testify on this one and strangely enough it was the best experiences I've ever had testifying

I said I was with NHfree.com, New Hampshire's most active web forum...dedicated to the preservation of her Live Free or Die Culture.?

Added that tho rep. kurk may not know it, I am a big fan of his, that think he should run for governor BUT

this bill is just wrong; banks are regulated enough; it is my job as the consumer to deal with this not his.

I said Rep. Kurk had alluded to the fact that his bill might cost banks some money, and, well that is the bank's money, not Rep Kurk's!

I said I'd lay waste to any business not treating me the way I wanted to be treated, by refusing to do business there..and so would other consumers.? I said I already have one mother, I don't need two.

the whole time the reps were laughing and telling me jokes about rep kurk.? they said he uses all their money too like it is his LOL.? ?Afterwards the bank reps who had showed up to defend their industry thanked me for what I said and Rep. Kurk said hey that was some nice testimony!? ?I told him his was well put also. It doesn't always go this way tho, sometimes committees just ignore me or look hostile.
Title: Re: bank acct. bill jan 17
Post by: Fluff and Stuff on January 17, 2006, 10:38 PM NHFT
Quote from: Gabo on January 17, 2006, 05:54 PM NHFT
Quote from: KBCraig on January 16, 2006, 11:55 AM NHFTHere's my analysis: it's none of the state's business.
Agreed.

But it will save the banks money.
Title: Re: bank acct. bill jan 17
Post by: aries on January 18, 2006, 06:35 AM NHFT
Quote from: TN-FSP on January 17, 2006, 10:38 PM NHFT
Quote from: Gabo on January 17, 2006, 05:54 PM NHFT
Quote from: KBCraig on January 16, 2006, 11:55 AM NHFTHere's my analysis: it's none of the state's business.
Agreed.

But it will save the banks money.
NH State legislature has officially voted to revoke your license because in the long run it will save you money.

Again, none of their business how much money the bank spends.