HOUSE DOCKET, NO. 3625        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2962

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Daniel J. Hunt

_________________

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 adoption of the accompanying bill:

An Act relative to check cashing schedules.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Daniel J. Hunt

13th Suffolk

1/20/2017


HOUSE DOCKET, NO. 3625        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2962

By Mr. Hunt of Boston, a petition (accompanied by bill, House, No. 2962) of Daniel J. Hunt  for legislation to limit fees imposed on check cashing.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

An Act relative to check cashing schedules.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Chapter 169A of the Massachusetts General Laws is hereby amended by adding the following section:

Section XX: The commissioner may promulgate regulations limiting fees imposed on check cashing. The commissioner may use other state schedules, industry best practices, national reports and other sources.