HR 3495 · 105th Congress · Finance and Financial Sector

Fair ATM Fees for Consumers Act

Introduced 1998-03-18· Sponsored by Rep. Hinchey, Maurice D. [D-NY-26]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(1998-03-31)

Plain Language Summary

[AI summary unavailable — showing source text] Fair ATM Fees for Consumers Act - Amends the Electronic Fund Transfer Act to proscribe the assessment of an electronic terminal surcharge (ATM fee) against a consumer if the transaction: (1) neither relates to nor affects an account held by the consumer with the financial institution that owns or operates the electronic terminal; and (2) is conducted through a national or regional electronic banking network.…

Summarized by Claude AI · Non-partisan · For informational purposes only