summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to fees for certain inactive bank accounts. Financial Services.
AI Summary
This bill amends the existing Massachusetts General Laws to allow banks to charge fees for inactive bank accounts. Specifically, it adds a new provision to allow banks to impose fees on inactive accounts, in addition to the existing fees they can charge for other account-related services. This change provides banks with additional flexibility in managing their account fees and operations.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H4705 (on 06/03/2024)
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/193/H1151 |
| BillText | https://malegislature.gov/Bills/193/H1151.pdf |
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