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Rep. Stevens’ bill lets banks deliver subpoenaed records electronically, clarifies service on deceased customers
Summary
House Bill 1523, presented by Representative Stevens, clarifies that banks need not confirm service on deceased customers or their estates and allows electronic delivery of subpoenaed records. The subcommittee approved the bill 6-0 and forwarded it to Commerce.
Representative Stevens introduced House Bill 1523, saying the measure modernizes two outdated areas of law on how banks respond to subpoenas for customer financial records.
Stevens said the bill clarifies that a bank is not required to confirm service on someone who is deceased or on that customer's estate or heirs, while banks must still confirm service for living customers. He also told the committee the bill updates delivery requirements—currently geared to paper records—to allow records to be delivered in the manner specified in the subpoena or by a mutually agreed method, including electronic delivery, and that recipients must keep the records confidential.
Representative Hammer asked a colloquial question about whether someone could "opt out to be dead" to obtain credit applications; Stevens replied the change does not create such a loophole and only affects the requirement to confirm service for deceased customers. The subcommittee approved the bill by voice vote; the clerk announced 6 ayes, 0 nays. The bill will be forwarded to the Commerce committee.
