Committee favors bill to count calendar days for bank disclosure requests
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Summary
House Bill 91 would change statutory timing for banks' disclosure of financial records from business days to calendar days; the Louisiana Bankers Association said the change simplifies compliance. The committee moved the bill favorably.
Representative Thomas presented House Bill 91 to the Louisiana House Committee on Commerce, saying the measure amends one word in existing law to require time limits be counted in calendar days rather than business days.
"It's a very simple bill. It changes 1 word from a law that we put into effect last year... it changes the word business to calendar," Representative Thomas said.
David Bonino, speaking for the Louisiana Bankers Association, said the change is a compliance simplification: "It's a lot easier to calculate calendar days versus business days because business days you have to deduct weekly holidays, weekends." He and other banking witnesses submitted green cards in support.
Representative Jordan moved the bill favorably; the committee advanced House Bill 91 by voice with no recorded roll‑call tally.