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Bill > HB4238


WV HB4238

WV HB4238
Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to the installation, operation, and sharing of customer bank communication terminals and the utilization of nonexclusive access interchange system.


summary

Introduced
01/14/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to authorize the Division of Financial Institutions to promulgate a legislative rule relating to the installation, operation, and sharing of customer bank communication terminals and the utilization of nonexclusive access interchange system.

AI Summary

This bill authorizes the Division of Financial Institutions, a state agency that oversees financial services, to officially adopt and implement a legislative rule concerning how customer bank communication terminals, such as ATMs, can be installed, operated, and shared among financial institutions. It also covers the use of a nonexclusive access interchange system, which is a network that allows different banks to process transactions from each other's terminals. The bill specifically refers to a rule filed on July 23, 2025, designated as 106 CSR 07, and grants the Division the authority to proceed with this rule under existing state law, §31A-8-12b.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Standing Committee on Finance Meeting (09:00:00 2/24/2026 House Finance Committee Room) (on 02/24/2026)

bill text


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