New Jersey A4927 prohibits administrative fees on accounts and allowances of persons released from incarceration.

New Jersey A4927 amends existing law to prohibit administrative fees on checking accounts and allowances for individuals released from incarceration. The bill ensures that no fees can be charged for opening, maintaining, or using consumer checking accounts or debit cards issued to incarcerated individuals upon release. If an individual chooses not to establish a consumer checking account, the remaining balance in their prison account must be disbursed in cash. The bill also mandates that any cash allowance to a discharged jail prisoner cannot exceed $25.00.

New Jersey A4927 prohibits administrative fees on accounts and allowances of persons released from incarceration.

New Jersey A4927 amends existing law to prohibit administrative fees on checking accounts and allowances for individuals released from incarceration. The bill ensures that no fees can be charged for opening, maintaining, or using consumer checking accounts or debit cards issued to incarcerated individuals upon release. If an individual chooses not to establish a consumer checking account, the remaining balance in their prison account must be disbursed in cash. The bill also mandates that any cash allowance to a discharged jail prisoner cannot exceed $25.00.