ATM Fee Ordinance (2/16/99)
FULL STORY:
San Francisco's proposed ordinance to forbid ATM surcharging is expected
to be voted on Wednesday. Meanwhile the Oklahoma state Senate Finance
Committee narrowly passed a bill last week putting a $1 cap on ATM
surcharges. But, the co-sponsors of a bill banning ATM surcharges in
Pennsylvania, have apparently given up in their fight. The San Francisco
movement involves the creation of a prohibition in the San Francisco Police
Code against ATM surcharging. Several consumer group representatives backed
by organized labor supported the ordinance at the hearing last week. The
heated debate also included representatives from the California Bankers
Association. The Oklahoma committee voted 8-7 in favor of Senate Bill 317,
authored by Sen. Angela Monson, to limit ATM fees. Monson indicated Friday
that the likelihood of passage in its current form appears tentative. In
Pennsylvania, State Senators Bodack and Belan said they haven't decided if
they'll reintroduce ATM fee legislation since there appears to be little
support for their effort.