1.1                          A bill for an act 
  1.2             relating to financial institutions; prohibiting a 
  1.3             certain type of fee charged for the use of automated 
  1.4             teller machines; amending Minnesota Statutes 1996, 
  1.5             sections 47.61, by adding a subdivision; and 47.64, by 
  1.6             adding a subdivision. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Minnesota Statutes 1996, section 47.61, is 
  1.9   amended by adding a subdivision to read: 
  1.10     Subd. 3a.  "Electronic financial terminal surcharge" means 
  1.11  a transaction fee assessed against a consumer by the owner or 
  1.12  operator of an electronic financial terminal. 
  1.13     Sec. 2.  Minnesota Statutes 1996, section 47.64, is amended 
  1.14  by adding a subdivision to read: 
  1.15     Subd. 8.  [LIMITATION ON FEES.] (a) A financial institution 
  1.16  that owns or operates more than four electronic financial 
  1.17  terminals shall not assess an electronic financial terminal 
  1.18  surcharge. 
  1.19     (b) Paragraph (a) prohibits a surcharge: 
  1.20     (1) by a financial institution against its own customer for 
  1.21  use of a terminal owned or operated by that financial 
  1.22  institution for a transaction involving the customer's account 
  1.23  at that institution; and 
  1.24     (2) by a financial institution against any person for use 
  1.25  of a terminal owned or operated by that institution for a 
  1.26  transaction involving the person's account at another financial 
  2.1   institution. 
  2.2      (c) This subdivision does not affect a charge: 
  2.3      (1) by a financial institution against another financial 
  2.4   institution; or 
  2.5      (2) against the financial institution's own customer for 
  2.6   use of a terminal not owned or operated by that financial 
  2.7   institution.