AR SB151

Amends Arkansas Code § 23-48-810(a)(2) to allow Arkansas state banks operating out-of-state full-service branches to charge the maximum customer-bank communication terminal usage fee permitted by the state where they operate, rather than being limited to $2.00 or 2% of the transaction amount.

Maintains the existing $2.00 or 2% cap for Arkansas banks' in-state terminal usage fees and requires disclosure of fees before transaction completion so users may cancel without incurring the fee.

Declares an emergency, finding that out-of-state banks have an unfair competitive advantage over Arkansas banks located out-of-state due to current usage fee limitations.

Effective immediately upon gubernatorial approval, expiration of the veto period, or override of a gubernatorial veto.