H 3583 Massachusetts House · 193rd Legislature (2023-2024)

An Act relative to customer reimbursement in instances of financial fraud

This bill amends Massachusetts law to require banks to reimburse customers for money lost due to fraudulent charges within 30 days. It designates a bank's failure to provide this reimbursement as an unfair practice under state regulations. The measure directly affects banking customers and financial institutions by establishing a specific timeline and legal consequence for handling fraud claims.
Bill status passed 3 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Mar 2023
Senate Passage
Mar 2024
Governor
Introduced Mar 30, 2023 Last action Jul 24, 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
8
Key actions
2
Committee
1
Mar 28, 2024
Upper · Passed
Senate concurred
upper
Mar 30, 2023
Upper · Passed
Senate concurred
upper
Mar 30, 2023
Committee
Referred to the committee on Financial Services
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bruce Ayers
Bruce Ayers
DDemocratic
MA
1st Norfolk