92nd General Assembly
Summary of HB0394
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House Sponsors:
FRITCHEY-FLOWERS-DELGADO-MORROW-YARBROUGH, COLLINS, 
   SOTO, MILLER, STROGER, KENNER AND HOWARD.

Short description: 
ATM FEES LIMIT                                                             

Synopsis of Bill as introduced:
        Amends  the  Electronic  Fund  Transfer  Act.   Provides  that  a      
   surcharge for use of a terminal may not be imposed if the  transaction      
   does  not  affect  an  account  held by the consumer with the owner or      
   operator of the terminal and the transaction is  conducted  through  a      
   national   or  regional  electronic  banking  network.  Prohibits  the      
   imposition of fees upon a consumer for the use of a Link card or other      
   access device used to obtain benefits under the  Illinois  Public  Aid      
   Code.                                                                       
          FISCAL NOTE (Office of Banks and Real Estate)                        
          If HB 394 were to become law, the Office of Banks and Real           
          Estate could receive more complaints requiring additional ex-        
          aminations of licensees. This increase, however, is expected         
          to be normal.  HB 394 would require no additional resources          
          or headcount and would create no fiscal impact to the agency.        
 
Last action on Bill: THIRD READING/STANDARD DEBATE/LOST       032-070-013

   Last action date: FEB-23-2001

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status