KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Minnesota

HF4524 • 2026

Banks and credit unions prohibited from charging a fee for electronically depositing a check.

Banks and credit unions prohibited from charging a fee for electronically depositing a check.

Labor
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Smith, Kotyza-Witthuhn
Last action
2026-03-26
Official status
Author added Kotyza-Witthuhn
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Banks and credit unions prohibited from charging a fee for electronically depositing a check.

Banks and credit unions prohibited from charging a fee for electronically depositing a check.

What This Bill Does

  • Banks and credit unions prohibited from charging a fee for electronically depositing a check.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-26 House

    Author added Kotyza-Witthuhn

  2. 2026-03-23 House

    Introduction and first reading, referred to Commerce Finance and Policy

Official Summary Text

Banks and credit unions prohibited from charging a fee for electronically depositing a check.

Current Bill Text

Read the full stored bill text 
A bill for an act

relating to financial institutions; prohibiting banks and credit unions from charging

a fee for electronically depositing a check; proposing coding for new law in

Minnesota Statutes, chapters 48; 52.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin

[48.741] ELECTRONIC CHECK DEPOSIT; FEES.

new text end

new text begin

(a) For purposes of this section, "electronic check" has the meaning given in Code of

Federal Regulations, title 12, section 229.2, paragraph (ggg).

new text end

new text begin

(b) A state bank is prohibited from charging a fee to deposit an electronic check.

new text end

Sec. 2.

new text begin

[52.138] ELECTRONIC CHECK DEPOSIT; FEES.

new text end

new text begin

(a) For purposes of this section, "electronic check" has the meaning given in Code of

Federal Regulations, title 12, section 229.2, paragraph (ggg).

new text end

new text begin

(b) A state credit union is prohibited from charging a fee to deposit an electronic check.

new text end