2013 -- H 5744

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LC01623

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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H O U S E R E S O L U T I O N

URGING GOVERNOR CHAFEE TO REQUEST AN IMMEDIATE AUDIT OF JP MORGAN

CHASE REGARDING DEBIT CARD FEES COLLECTED ON STATE OF RHODE ISLAND

BENEFITS BY JP MORGAN CHASE

     Introduced By: Representatives Diaz, and Almeida

     Date Introduced: February 28, 2013

     Referred To: House Finance

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     WHEREAS, The health, safety, and welfare of the citizens of the State of Rhode Island

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are matters of paramount importance to the legislature; and

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     WHEREAS, JP Morgan Chase provides debit card services for Rhode Island

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unemployment, temporary disability insurance, Child Support, and SNAP (food stamp) benefits;

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and

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     WHEREAS, JP Morgan Chase is a multi-national corporation with no branches in Rhode

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Island; and

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      WHEREAS, JP Morgan Chase collects debit card fees from Rhode Island businesses and

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those receiving unemployment, temporary disability insurance, Child Support, and SNAP

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benefits; and

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      WHEREAS, Rhode Island state government should examine the fees that are currently

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collected on government benefit funds, fees that are currently collected entirely by JP Morgan

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Chase; and

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     WHEREAS, Rhode Island should encourage local small businesses to promote the Rhode

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Island economy; and

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     WHEREAS, The contract to administer the state benefits debit card program is currently

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JP Morgan Chase; now, therefore be it

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      RESOLVED, That this House of Representatives of the State of Rhode Island and

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Providence Plantations hereby respectfully urges Governor Lincoln Chafee to request an

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immediate audit and review of all debit card fees collected by JP Morgan Chase per the current

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contract between the state and JP Morgan Chase; and be it further

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     RESOLVED, That the Secretary of State be and hereby is authorized and directed to

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transmit a duly certified copy of this resolution to Governor Lincoln Chafee.

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LC01623

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