summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
05/09/2024
05/09/2024
Introduced Session
125th General Assembly
Bill Summary
A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 34-3-105 SO AS TO LIMIT FEES THAT CERTAIN BANKS OR FINANCIAL INSTITUTIONS IN THIS STATE MAY CHARGE FOR CASH TRANSFERS, DEPOSITS, OR WITHDRAWALS CONDUCTED AT AUTOMATED TELLER MACHINES.
AI Summary
This bill proposes to amend the South Carolina Code of Laws to limit the fees that certain banks or financial institutions in the state can charge for cash transfers, deposits, or withdrawals conducted at automated teller machines (ATMs). Specifically, it would prohibit these institutions from charging more than $1.50 for such transactions, unless their fees are solely regulated by federal law.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to Committee on Labor, Commerce and Industry (on 01/09/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Banking System and Financial Institution Regulation and Reform
- ‐ Consumer Finance and Credit, including Credit Cards
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=4569&session=125&summary=B | 11/20/2023 |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/4569_20231116.htm | 11/20/2023 |
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