summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the equitable assessment of banking fees imposed on accounts established for personal, family or household purposes. Financial Services.
AI Summary
This bill aims to remove the requirement that bank fees be assessed equitably only on accounts established for personal, family, or household purposes. The proposed amendment would strike out the phrase "established for personal, family or household purposes" from the existing law, thereby expanding the application of the equitable assessment of bank fees to all accounts, regardless of their purpose. This change could potentially impact the way banking fees are applied to commercial or business-related accounts.
Committee Categories
Business and Industry
Sponsors (10)
Jay Barrows (R),
Paul Frost (R),
Susan Gifford (R),
Bradford Hill (R),
Steven Howitt (R),
Randy Hunt (R),
Brad Jones (R),
Elizabeth Poirier (R),
Todd Smola (R),
Mike Soter (R),
Last Action
Accompanied a study order, see H5160 (on 12/01/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1017 |
| Bill | https://malegislature.gov/Bills/191/H1017.pdf |
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