summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
Relative to the equitable assessment of bank fees. Financial Services.
AI Summary
This bill modifies Section 41A of Chapter 171 of the Massachusetts General Laws by removing the phrase ", established for personal, family or household purposes" from the existing text. While the specific context is not fully clear from the provided XML, this appears to be a technical amendment to language related to bank fees, potentially broadening the scope of the section to apply to a wider range of banking transactions or accounts beyond just those established for personal, family, or household purposes. By eliminating this restrictive language, the bill may be seeking to create more equitable or comprehensive regulations around bank fee assessments that could apply to both personal and potentially commercial banking contexts.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H4931 (on 01/15/2026)
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/194/H1207 |
| BillText | https://malegislature.gov/Bills/194/H1207.pdf |
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