Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate rejects bill to raise merchant returned-check fee from $15 to $20
Summary
Under suspension of the rules, the Senate debated and rejected Senate Bill 56, a proposal to raise the merchant returned-check (bounced-check) service-charge cap from $15 to $20; opponents questioned cost breakdowns and the effect on consumers who also pay bank fees.
The Senate voted on Senate Bill 56, which would have raised the statutory cap on merchant returned-check service charges from $15 to $20, and the measure failed under roll call after a tie/insufficient majority was recorded.
Senator Bueller introduced the measure, saying the last cap change had been in 1988 and presenting a handout summarizing a survey of 54,000 returned checks that showed average merchant costs…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
