Requires financial institutions to provide a clear schedule of fees for electronic benefit transfer cards given to released inmates.

The bill mandates that financial institutions issuing electronic benefit transfer cards to released inmates must provide a detailed, clear, and conspicuous schedule of fees and charges. This schedule must be written in plain language, include fees for various services, and be available in multiple formats and languages. Changes to the fee schedule must be communicated to cardholders at least 60 days in advance. The bill aims to ensure transparency and accessibility of fee information for incarcerated individuals upon their release.

Requires financial institutions to provide a clear schedule of fees for electronic benefit transfer cards given to released inmates.

The bill mandates that financial institutions issuing electronic benefit transfer cards to released inmates must provide a detailed, clear, and conspicuous schedule of fees and charges. This schedule must be written in plain language, include fees for various services, and be available in multiple formats and languages. Changes to the fee schedule must be communicated to cardholders at least 60 days in advance. The bill aims to ensure transparency and accessibility of fee information for incarcerated individuals upon their release.