Bill

Bill > S147


MA S147

Relative to check cashing fees


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to check cashing fees. Consumer Protection and Professional Licensure.

AI Summary

This bill prohibits banks in Massachusetts, including national banks and credit unions, from charging any fee to consumers for cashing or processing checks drawn on those banks. The bill imposes a fine of up to $100 for each individual violation.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Hearing scheduled for 10/17/2017 from 01:00 PM-04:00 PM in B-2 (on 10/02/2017)

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