ATM surcharge bill delayed

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A Minnesota house committee has delayed action on a bill to restrict automatic teller machine surcharges. The bill authored by house banking chair Irv Anderson would ban surcharging by banks that own more than 2 ATMs, but it places no restrictions on surcharges by convenience stores and other retailers that own ATMs. Minnesota Public Radio's Bill Catlin has more. The ATM surcharge came in for lots of criticism at the house financial institutions and insurance committee hearing. The fees have provoked a number of bills to reign them in.

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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