Protecting Against Paperless and Electronic Requirements Act or the PAPER Act 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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
PAPER Act
USA118th CongressHR-6777| House
| Updated: 12/13/2023
Protecting Against Paperless and Electronic Requirements Act or the PAPER Act 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.