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RI S2517
Bill
Status
2/13/2026
Primary Sponsor
Lammis Vargas
Click for details
AI Summary
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All ATMs in Rhode Island must display the consumer's available account balance for free before prompting for a withdrawal amount, with the option to cancel without charge
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Banks, credit unions, and ATM operators are prohibited from charging fees for balance inquiries, transactions where no money is dispensed, or declined transactions
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Requirements apply to all ATMs in the state, including those operated by financial institutions and non-bank operators
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Department of Business Regulation will enforce the law, with violations classified as unfair practices subject to fines and corrective orders
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Effective date: January 1, 2027
Legislative Description
Requires that automated teller machines disclose the account balance prior to any cash withdrawal.
Financial Institutions
Last Action
Introduced, referred to Senate Commerce
2/13/2026