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HR 3221 104th Congress House Finance and Financial Sector Automated teller machines Commerce Computer networks Electronic funds transfers Fees Science, Technology, Communications User charges

Electronic Fund Transfer Fees Act of 1996

Introduced: March 29, 1996 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 1996
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Mar 29, 1996
Referred to the House Committee on Banking and Financial Services. period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 29, 1996
Introduced in House
 Plain-English summary Congressional Research Service

Electronic Fund Transfer Fees Act of 1996 - Amends the Electronic Fund Transfer Act to prohibit the operator of the electronic terminal at which an electronic fund transfer is initiated from imposing a fee upon any such electronic fund transfer which: (1) is initiated by a consumer from an electronic terminal operated by a person other than the financial institution holding such consumer's account; and (2) utilizes a national or regional communication network to execute the transaction between such person and the financial institution holding such consumer's account.

What's happening now April 4, 1996

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2