Prohibits fees for any service rendered through a bank relating to the use of an electronic benefit transfer card issued by the state or certain departments or agencies thereof

Summary

The bill adds a new section to the Banking Law that stops banks, out‑of‑state banks, foreign banks and ATM owners from imposing any fee or surcharge on services tied to a state‑issued electronic benefit transfer (EBT) card. It leaves unchanged the interchange, processing and other fees that banks and card networks charge each other, and it does not apply to certain federally chartered banks. The goal is to protect people who receive public assistance—such as SNAP, Medicaid, unemployment or child‑support payments—from extra costs.

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