2001 Regular Session

SENATE BILL 725

File Code: Financial Institutions
Sponsored By:
Senator Astle
Entitled:
Check Cashing Services - Transaction Fees

Synopsis:

Authorizing persons licensed to provide check cashing services in the State to charge a customer a transaction fee not to exceed $4 if the face amount of the payment instrument is $100 or less, or $5 if the face amount of the payment instrument is over $100, for the purpose of verifying checking account information of the maker of a payment instrument.

History by Legislative Date

Senate Action
2/2
First Reading Finance
2/6
Hearing 2/21 at 1:00 p.m.
3/13
Unfavorable Report by Finance
House Action
No Action
Bill indexed under the following Subjects:
CHECKS
FEES -see also- DEVELOPMENT FEES AND TAXES
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
Bill affects the following Statute:
Financial Institutions
( 12-120 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered