HB 1302 - DIGEST

     Finds that banks, other financial institutions, and licensed check cashers engage in cashing checks, drafts, money orders, and other commercial paper as part of their customary business.  Banks, other financial institutions, and licensed check cashers are generally permitted to charge fees for such services.

     Finds that other entities sometimes engage in cashing checks as a minor part of their customary business.

     Declares that certain other entities should be prohibited from charging fees for such services.