HOUSE DOCKET, NO. 3625 FILED ON: 1/20/2017
HOUSE . . . . . . . . . . . . . . . No. 2962
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The Commonwealth of Massachusetts
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PRESENTED BY:
Daniel J. Hunt
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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.
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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
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In the One Hundred and Ninetieth General Court
(2017-2018)
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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.