Relates to the accessibility of consumer financial data and the prohibition of fees for the transfer of such data to authorized parties

Summary

The bill forces financial institutions to provide consumers and small businesses with their transaction, balance, and account information in a secure, machine‑readable format when asked, and bans any fees for that service. It also sets rules for third‑party representatives, security standards, and penalties for violations, aiming to give people more control over their financial data.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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