An Act relative to ATM receipts
This bill requires financial institutions in Massachusetts to provide written documentation for every electronic fund transfer initiated by a consumer, such as ATM withdrawals or point-of-sale transactions. The receipt must include specific details like the transaction amount, date, account type, a unique identifier for the consumer or device, the location of the transaction, and a permanent audit trail number. Additionally, the bill mandates that the receipt list contact information for resources related to financial abuse and immediate safety, including the national domestic violence hotline and local help lines. These changes aim to increase transparency and provide consumers with immediate access to critical information regarding their financial activity.
Bill status
passed
3 of 4 stages cleared
Introduction
Apr 2023
Committee Review
Apr 2023
Senate Passage
Apr 2023
Governor
Introduced Apr 10, 2023
Last action Jun 3, 2024
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
1
Apr 10, 2023
Upper · Passed
Senate concurred
upper
Apr 10, 2023
Committee
Referred to the committee on Financial Services
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sarah Peake
DDemocratic
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