HD 2252 Massachusetts House · 194th Legislature (2025-2026)

An Act relative to the equitable assessment of bank fees

HD 2252 amends a state law by removing the phrase "established for personal, family or household purposes" from Section 41A of Chapter 171. This change extends bank fee assessment rules to all account types, eliminating a prior distinction that limited the rules to specific personal or household accounts. The bill directly affects banks and their customers by standardizing how fees are applied across every account category. It aims to create a more equitable system by ensuring consistent fee assessment without excluding certain account uses.
Bill status Introduction 0 of 4 stages cleared
Introduction
Committee Review
Floor Vote
Governor