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House Passes ATM Bill

Posted on 7/9/2012

The House passed the ATM placard bill (H.R. 4367) this evening, by a vote of 371-0.

The bill would repeal the unnecessary and duplicative requirement that a placard must be attached to ATMs stating that a fee may be charged. The legislation will stop frivolous litigation while ensuring that consumers continue to have convenient access to their funds.

Action now goes to the Senate, where a companion bill (S. 3204) is pending.



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