S.3204 - A bill to address fee disclosure requirements under the Electronic Fund Transfer Act, and for other purposes.112th Congress (2011-2012)
|Sponsor:||Sen. Johanns, Mike [R-NE] (Introduced 05/17/2012)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||05/17/2012 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.|
|Notes:||For further action, see H.R.4367, which became Public Law 112-216 on 12/20/2012.|
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- Finance and Financial Sector
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Summary: S.3204 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in Senate (05/17/2012)
Amends the Electronic Fund Transfer Act with respect to mandatory fee disclosures on automated teller machines (ATMs) operated by a person other than a financial institution holding a consumer's account.
Repeals the requirement that such a fee disclosure appear in a prominent and conspicuous location on or at the ATM. Limits such requirement to appearance of a fee disclosure on the ATM screen.