A bill to amend the Electronic Fund Transfer Act to limit fees charged by financial institutions for the use of automatic teller machines, and for other purposes.
Fair ATM Fees for Consumers Act - Amends the Electronic Fund Transfer Act to prohibit assessment of an electronic terminal surcharge against a consumer if the transaction: (1) neither relates to nor affects an account held by the consumer with the financial institution that is the owner or operator of such terminal; and (2) is conducted through a national or regional electronic banking network.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S5572-5574)
Read twice and referred to the Committee on Banking.
Committee on Banking. Hearings held.
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