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WV HB2084

Bill

Official Source

Status

Introduced

2/12/2025

Primary Sponsor

Larry Kump

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Prohibits merchants from charging any fee to cash checks issued by state or federal governmental entities
  • Current law allows merchants to charge check cashing fees up to $1 or 1% of the check's face value, whichever is greater
  • Applies to retail merchants who offer check cashing services as incidental to their main business
  • Does not affect federally-insured banks, foreign bank agencies, or governmental entities, which remain exempt from check cashing regulations

Legislative Description

To prohibit the charging of any fees to cash any government issued check.

Banking and Finance

Last Action

To House Investments

2/17/2025

Committee Referrals

Investments2/17/2025
Revenue2/17/2025
Finance2/12/2025

Full Bill Text

No bill text available