[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1246 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 1246

 To amend the Electronic Funds Transfer Act to require fee disclosures 
by operators of electronic terminals at which electronic fund transfer 
               services are made available to consumers.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 15, 1995

   Mr. Fields of Louisiana introduced the following bill; which was 
      referred to the Committee on Banking and Financial Services

_______________________________________________________________________

                                 A BILL


 
 To amend the Electronic Funds Transfer Act to require fee disclosures 
by operators of electronic terminals at which electronic fund transfer 
               services are made available to consumers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Electronic Terminal Disclosure Act 
of 1995''.

SEC. 2. ELECTRONIC FUND TRANSFER FEE DISCLOSURES AT ELECTRONIC 
              TERMINALS.

    Section 904 of the Electronic Fund Transfer Act (15 U.S.C. 1693b) 
is amended--
            (1) by striking ``(d) In the event'' and inserting ``(d) 
        Applicability to Service Providers Other Than Certain Financial 
        Institutions.--
            ``(1) In general.--In the event''; and
            (2) by adding at the end the following new paragraphs:
            ``(2) Fee disclosures at electronic terminals.--The 
        regulations prescribed under paragraph (1) shall require any 
        person who operates an electronic terminal at which electronic 
        fund transfer services are made available to any consumer to 
        provide notice to the consumer (at the time the service is 
        provided at any such terminal) of the amount of any fee imposed 
        by such person for providing the service.''.
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