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House approves bill allowing disclosed ATM transaction fees for rural machines
Summary
On Feb. 5 the House passed substitute HB166, which permits financial institutions to impose a disclosed transaction fee at ATMs (for example in remote or tourist areas) provided users may cancel after being told the fee; the measure passed by recorded vote 54–14 and moves to the Senate.
The House approved substitute House Bill 166, authorizing financial institutions to charge a disclosed transaction fee for the use of automated teller machines in situations where the institution deems a fee necessary to justify placing ATMs in low‑traffic areas.
Sponsor Representative Martin R. Stevens explained the bill’s purpose is to allow rural and tourist…
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