Bill No.: SF0108                  Drafter:  JDA

LSO No.:  11LSO-0513              Effective Date:  2/22/2011

Enrolled Act No.:  SEA0039

Chapter No.:       62

Prime Sponsor:     Senator Burns

Catch Title:       Remote electronic terminals-fees-2.

Subject:  Remote electronic terminal fees.

Summary/Major Elements:

· Under current law the transaction fee for electronic terminals is set by rule and regulation of the state banking commissioner, up to a maximum of two dollars ($2.00).

· This act removes the maximum limit on the fees.  Fees will be determined by rule and regulation of the state banking commissioner.