PACB Letter to Senator Rick Santorum
May 26, 2004
The Honorable Rick Santorum
United States Senate
SD-511
Washington, DC 20510
Re: Support for S. 2062, Class Action Reform Legislation
Dear Senator Santorum:
I am writing on behalf of the many Pennsylvania community banks that support legal reform legislation and, specifically, S. 2062, the "Class Action Fairness Act of 2004."
This is an important piece of bi-partisan legislation. Community bankers are the frequent targets of an aggressive plaintiffs’ bar, and this legislation represents an important reform step to help fight the economically damaging impact of such abusive lawsuits.
It is our understanding that Senate Majority Leader Bill Frist intends to bring S. 2062 to the Senate floor after the Senate returns from its Memorial Day Recess. As a member of Senate leadership, we urge your support for its passage.
Thank you for your consideration of our views.
Sincerely,
Frank A. Pinto
President/CEO
Cc: Robert R. Davis, ACB
