MA H2976

Bill

Relative to inactive bank account fees

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to fees for certain inactive bank accounts. Financial Services.

AI Summary

This bill amends Section 5 of Chapter 167D of the General Laws in Massachusetts to allow banks to charge a fee for inactive bank accounts. This provision is being added to the existing law, which previously did not explicitly allow for such fees. The purpose of this change is to provide banks with the ability to charge fees on dormant or unused accounts, which is a common practice in the banking industry.

Committee Categories

Business and Industry

Sponsors (1)

Todd Smola (R),

Last Action

Accompanied a study order, see H4778 (on 07/18/2018)

Official Document

https://malegislature.gov/Bills/190/H2976

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H2976
Bill	https://malegislature.gov/Bills/190/H2976.pdf

Bill	Bill Name	Last Action	Type
H1301	Relative to elevator inspection fee waiver for non-profits	No further action taken	Similar To
H1728	Relating to consumer protections in the sale and usage of propane gas	Accompanied a study order, see H4651	Similar To
H218	Relative to certificate of organization fees	Accompanied a study order, see H4584	Similar To
H4229	Removing fees for security freezes and disclosures of consumer credit reports	New draft substituted, see H4232	Similar To
H4241	Removing fees for security freezes and disclosures of consumer credit reports	Committee recommended ought to pass with an amendment, substituting therefor a new draft, see H4806	Similar To
H4778	Financial services	Discharged to the committee on House Rules	Replaced by
H925	Authorizing sheriffs to impose fees	Accompanied a study order, see H4874	Similar To
H979	Relative to the modification of late fees	Accompanied a study order, see H4874	Similar To
S1703	Reducing the costs for small businesses	Accompanied a study order, see H4481	Similar To
S2337	Ensuring access to state IDs for low-income people	Accompanied a study order, see S2436	Similar To

Bill

Bill Name

Last Action

Type

H1301

Relative to elevator inspection fee waiver for non-profits

No further action taken

Similar To

H1728

Relating to consumer protections in the sale and usage of propane gas

Accompanied a study order, see H4651

Similar To

H218

Relative to certificate of organization fees

Accompanied a study order, see H4584

Similar To

H4229

Removing fees for security freezes and disclosures of consumer credit reports

New draft substituted, see H4232

Similar To

H4241

Removing fees for security freezes and disclosures of consumer credit reports

Committee recommended ought to pass with an amendment, substituting therefor a new draft, see H4806

Similar To

H4778

Financial services

Discharged to the committee on House Rules

Replaced by

H925

Authorizing sheriffs to impose fees

Accompanied a study order, see H4874

Similar To

H979

Relative to the modification of late fees

Accompanied a study order, see H4874

Similar To

S1703

Reducing the costs for small businesses

Accompanied a study order, see H4481

Similar To

S2337

Ensuring access to state IDs for low-income people

Accompanied a study order, see S2436

Similar To

Bill > H2976

MA H2976

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary