This bill amends the Code of West Virginia to prohibit merchants from charging fees for cashing checks issued by state or federal governmental entities. Specifically, it adds a provision stating that while merchants may charge fees for check cashing services, they cannot impose any fees when the check is from a governmental source. The existing regulations regarding check cashing services, including the maximum fee limits and the requirement for licensing based on revenue from check cashing, remain unchanged.

The bill aims to ensure that individuals receiving checks from governmental entities can access their funds without incurring additional costs, thereby promoting financial accessibility. By clarifying the conditions under which fees can be charged, the legislation seeks to protect consumers from potential exploitation by merchants in the check cashing business.

Statutes affected:
Introduced Version: 32A-3-1