South Carolina General Assembly
125th Session, 2023-2024

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Indicates New Matter

H. 4569

STATUS INFORMATION

General Bill
Sponsors: Rep. Gilliard
Document Path: LC-0495WAB24.docx

Introduced in the House on January 9, 2024
Labor, Commerce and Industry

Summary: ATM fee limits

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
11/16/2023 House Prefiled
11/16/2023 House Referred to Committee on Labor, Commerce and Industry
1/9/2024 House Introduced and read first time (House Journal-page 85)
1/9/2024 House Referred to Committee on Labor, Commerce and Industry (House Journal-page 85)

View the latest legislative information at the website

VERSIONS OF THIS BILL

11/16/2023



 

 

 

 

 

 

 

 

A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 34-3-105 SO AS TO LIMIT FEES THAT CERTAIN BANKS OR FINANCIAL INSTITUTIONS IN THIS STATE MAY CHARGE FOR CASH TRANSFERS, DEPOSITS, OR WITHDRAWALS CONDUCTED AT AUTOMATED TELLER MACHINES.

 

Be it enacted by the General Assembly of the State of South Carolina:

 

SECTION 1.  Article 1, Chapter 3, Title 34 of the S.C. Code is amended by adding:

 

    Section 34-3-105.  A bank or financial institution doing business in this State, whose charges or fees are not regulated solely by federal law may not charge a fee in excess of $1.50 for a cash transfer, deposit, or withdrawal conducted at automated teller machines.

 

SECTION 2.  This act takes effect January 1, 2024.

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This web page was last updated on January 9, 2024 at 4:38 PM