Maine Lawmakers Consider Refining Definition of "Billing Statement" Nearly A Year After Banning Banks from Charging Paper Statement Fees

Maine Lawmakers Consider Refining Definition of "Billing Statement" Nearly A Year After Banning Banks from Charging Paper Statement Fees

Nearly a year ago, Gov. Janet Mills (D) signed a bill into law prohibiting banks from charging customers a fee for opting to receive paper statements. Now, lawmakers are considering a proposal to clarify what actually constitutes a “billing statement.” Bill sponsor Sen. Donna Bailey (D-York), who was also responsible for the legislation approved last [...] The post Maine Lawmakers Consider Refining Definition of “Billing Statement” Nearly A Year…