The proposed bill amends the "Senior Savings Protection Act" by adding a new section, 6-40.1-2.1, which mandates that any person or business offering discounts for payments made through automatic payment systems, such as automated clearinghouse (ACH) or electronic funds transfer (EFT), must also extend the same discount to customers aged sixty-five (65) and older who pay using paper checks. This inclusion aims to ensure that senior citizens are not disadvantaged when making payments through traditional methods.

The bill does not contain any deletions from the current law but introduces new legal language to enhance the protections available to senior citizens. The act is set to take effect immediately upon passage, reinforcing the commitment to equitable treatment for seniors in commercial transactions.