Shown verbatim: the complete text as captured from the official PDF posted by the Rhode Island General Assembly, fetched 2026-07-29. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
S2517 2026 -- S 2517 ======== LC004706 ======== STATE OF RHODE ISLAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2026 ____________ A N A C T RELATING TO FINANCIAL INSTITUTIONS -- COMMUNITY OBLIGATIONS AND BANKING OFFENSES Introduced By: Senators Vargas, Thompson, Bell, Dimitri, Quezada, Lauria, Mack, Murray, DiPalma, and Appollonio Date Introduced: February 13, 2026 Referred To: Senate Commerce It is enacted by the General Assembly as follows: 1 SECTION 1. Chapter 19-9 of the General Laws entitled Community Obligations and 2 Banking Offenses is hereby amended by adding thereto the following section: 3 19-9-21.2. Automated teller machine balance disclosure prior to withdrawal. 4 (a) Prior to completing any cash withdrawal transaction, every automated teller machine 5 located within the State of Rhode Island shall provide the consumer with a free, real-time account 6 balance display or balance inquiry option indicating the consumer’s available balance for the 7 account being accessed. 8 (b) The balance disclosure required pursuant to subsection (a) of this section shall: 9 (1) Be presented clearly and prominently on the automated teller machine screen; 10 (2) Be displayed before the consumer is prompted to enter a withdrawal amount; and 11 (3) Provide the consumer with the option to cancel the transaction without charge. 12 (c) No bank, credit union, or automated teller machine operator shall impose a fee or charge 13 of any kind for a transaction where no money is dispensed or for the balance disclosure or balance 14 inquiry required by this section or for any transaction that has been declined. 15 (d) This section shall apply to all automated teller machines, including those owned or 16 operated by financial institutions and non-bank operators, that permit cash withdrawals by 17 consumers in this state. 18 (e) Enforcement of this section shall be by the department of business regulation. A 1 violation of this section shall constitute an unfair practice subject to administrative enforcement, 2 including fines and corrective orders, as determined by the director. 3 SECTION 2. This act shall take effect on January 1, 2027. ======== LC004706 ======== LC004706 - Page 2 of 3 EXPLANATION BY THE LEGISLATIVE COUNCIL OF A N A C T RELATING TO FINANCIAL INSTITUTIONS -- COMMUNITY OBLIGATIONS AND BANKING OFFENSES *** 1 This act would require that automated teller machines disclose the account balance prior to 2 any cash withdrawal. 3 This act would take effect on January 1, 2027. ======== LC004706 ======== LC004706 - Page 3 of 3
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