Maine Lawmakers Consider Refining Definition of "Billing Statement" Nearly a Year After Banning Banks from Charging Paper Statement Fees

The Maine Wire reported on legislative efforts to clarify the scope of Maine's law banning banks from charging customers fees for receiving paper billing statements — a law championed by Senator Bailey. The article examined how the existing definition of "billing statement" had created ambiguity in enforcement, prompting legislators to consider a technical fix under LD 2061 (An Act to Clarify the Prohibition on Paper Billing Statement Fees). The piece laid out the policy background and the stakes for Maine consumers.

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