1. Congressman Sander Levin HR 4552 Benefit Card Fairness Act of 2010 http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4552:

2. Debit Card EFT Check

3. Disclosure & Error Resolution Bank Must Provide Free of Charge : Access to Account Balance Access to Transaction History Mechanism to resolve errors and to limit consumer liability for unauthorized transactions.

4. Prohibited Fees First withdrawal from an in-network automated teller machine and the first withdrawal from a bank teller, after each deposit. Application or participation fees. An overdraft or shortage of funds for an amount exceeding the account balance. All purchases.

5. PROHIBITED FEES (continued ) Inactivity. Inquiry, or balance or transaction information at ATM or Internet. Customer service. An ad hoc request for a statement. An extension of credit. 1 replacement card each year.

6. Fee disclosure similar Truth in Lending Act. Access to a toll-free number and web site with clear and conspicuous list of fees and charges. Initial written disclosure FEE INFORMATION

7. Legislative History 2010 8 Co-sponsors in the House (all Democrats) Senate Interest: S. 4041 Senator Menendez, legislation that includes all pre-paid cards and may include government-issued debit cards.

8. Dodd-Franks Exempts government cards from new interchange regulations An exception to the exemption does exist. After 1 year, if the bank charges for the following, interchange fee will apply: Fees for 1 st withdrawal per month, and overdraft/shortage

9. Dodd Franks (continued ) A year after the law passage, a report will be issued by Department of Treasury on: the prevalence of the use of prepaid cards in Federal, State or local government- administered payment programs. Interchange and cardholder and fees charged and costs associated.

10. Future Legislation Add TANF? Review exclusions? Add additional provisions? Access for non-English speaking populations Elderly and Disabled Accessible Websites and materials Other?

11. Contact Information: Please contact me with suggestions and comments: Judith Glassgold Health and Domestic Social Policy The Office of Congressman Sandy Levin (MI-12) 1236 Longworth House Office Building Washington, D.C. 20515 202-225-4961 Judith.Glassgold@mail.house.gov