Financial Empowerment and Protection Act

The Financial Empowerment and Protection Act requires service providers like utilities, internet companies, landlords, and mortgage lenders to allow consenting adults living together to open joint accounts for managing their services and bills. Both adults must agree to the account, which must be in both names, and providers must share all account information and online access with both parties upon request. The bill also prohibits housing providers from charging fees for early lease termination when a tenant is a victim of domestic violence, dating violence, sexual assault, or stalking. Individuals harmed by a provider’s failure to comply can seek up to $1,000 in damages per violation.