Massachusetts 194th General Court Status: Introduced 1 D cosponsors

H1111 — An Act to require financial institutions to pay late fees when it fails to conduct an electronic transfer

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 194th General Court. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

In plain language

This bill requires financial institutions to pay late fees for failing to conduct electronic transfers.

The bill mandates that financial institutions must pay a late fee if they do not complete an electronic transfer as required. This aims to ensure accountability among these institutions in transaction processing.

What this means for you
  • Consumers: This means consumers may receive compensation if their electronic transfers are not processed on time.
  • Small Business: Small businesses could benefit from the potential for late fee compensation due to delayed transfers.

Summary

An Act to require financial institutions to pay late fees when it fails to conduct an electronic transfer

Bill Text

  • Full text Current

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 203 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (203)

203 members have not signed on to this bill.

Show all 203 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
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Frequently asked questions

What does H1111 do?
An Act to require financial institutions to pay late fees when it fails to conduct an electronic transfer
Who sponsors H1111?
H1111 is sponsored by Tackey Chan (Democrat).
What is the current status of H1111?
This bill died with 194th General Court. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track H1111?
Track H1111 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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