Bill Text: MA H296 | 2009-2010 | 186th General Court | Introduced
Bill Title: That banks be prohibited from charging fees for cashing or processing a check that has been drawn on said bank
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2010-07-15 - Read; and referred to the Senate Committee on Ethics and Rules [H296 Detail]
Download: Massachusetts-2009-H296-Introduced.html
The Commonwealth of Massachusetts
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PRESENTED BY:
Michael J. Rodrigues
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To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to check cashing fees .
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PETITION OF:
Name: |
District/Address: |
Michael J. Rodrigues |
8th Bristol |
The Commonwealth of
Massachusetts
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In the Year Two Thousand and Nine
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An Act relative to check cashing fees .
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION 1. Chapter 167 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by inserting after section 48, the following:-
Section 49. Every bank doing business in the commonwealth, which for the purposes of this section shall include any bank as defined in section one and shall include any national bank, national banking association, federal savings bank, federal savings and loan association, and federal credit union, shall be prohibited from charging any fee to a consumer for the purposes of cashing or processing a check that has been drawn on said bank. Each individual violation shall be subject to a fine not to exceed $100.