118th Congress · HOUSE BILLBILL

H.R. 6777 — PAPER Act

“To prohibit covered entities from requiring consumers to solely use digital monthly statements, and for other purposes.”

Finance and financial sector

Introduced Dec 13, 2023

Last action Dec 13, 2023

Pipeline · Bill → Law

Step 1

Introduced

Dec 13, 2023

Step 2

Referred

Dec 13, 2023

Financial Services

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires depository institutions and credit unions to offer customers the option of receiving monthly paper statements. Depository institutions and credit unions are prohibited from requiring monthly digital statements as a condition of any service.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Dec 13, 2023

Introduced in House

Dec 13, 2023

Referred to the House Committee on Financial Services.