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Bill > H1011


MA H1011

MA H1011
Relative to check cashing schedules


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to limit fees imposed on check cashing. Financial Services.

AI Summary

This bill aims to amend Chapter 169A of the Massachusetts General Laws by adding a new section that allows the commissioner to promulgate regulations limiting fees imposed on check cashing. The commissioner can use other state schedules, industry best practices, national reports, and other sources as a basis for setting these fee limits.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

bill text


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