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MN SF1284

Bill

Status

Passed

5/25/2021

Primary Sponsor

Karin Housley

Click for details

Origin

Senate

92nd Legislature 2021-2022

AI Summary

  • Removes outdated reference to Wisconsin driver's licenses without photographs that was set to expire January 1, 1985.

  • Modifies section 48.512, subdivision 3 to clarify that restrictions on account opening do not apply to programs designed to expand financial services access to unbanked individuals.

  • Increases the maximum service charge that financial intermediaries may impose for dishonored checks from $4 to $10 per check on persons other than the check issuer.

Legislative Description

Checking account requirements modifications

Last Action

Secretary of State, Filed

5/25/2021

Committee Referrals

Commerce and Consumer Protection Finance and Policy2/22/2021

Full Bill Text

No bill text available