2026 -- S 2517

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LC004706

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2026

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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:

     SECTION 1. Chapter 19-9 of the General Laws entitled "Community Obligations and

Banking Offenses" is hereby amended by adding thereto the following section:

     19-9-21.2. Automated teller machine balance disclosure prior to withdrawal.

     (a) Prior to completing any cash withdrawal transaction, every automated teller machine

located within the State of Rhode Island shall provide the consumer with a free, real-time account

balance display or balance inquiry option indicating the consumer’s available balance for the

account being accessed.

     (b) The balance disclosure required pursuant to subsection (a) of this section shall:

     (1) Be presented clearly and prominently on the automated teller machine screen;

     (2) Be displayed before the consumer is prompted to enter a withdrawal amount; and

     (3) Provide the consumer with the option to cancel the transaction without charge.

     (c) No bank, credit union, or automated teller machine operator shall impose a fee or charge

of any kind for a transaction where no money is dispensed or for the balance disclosure or balance

inquiry required by this section or for any transaction that has been declined.

     (d) This section shall apply to all automated teller machines, including those owned or

operated by financial institutions and non-bank operators, that permit cash withdrawals by

consumers in this state.

     (e) Enforcement of this section shall be by the department of business regulation. A

violation of this section shall constitute an unfair practice subject to administrative enforcement,

including fines and corrective orders, as determined by the director.

     SECTION 2. This act shall take effect on January 1, 2027.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO FINANCIAL INSTITUTIONS -- COMMUNITY OBLIGATIONS AND

BANKING OFFENSES

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     This act would require that automated teller machines disclose the account balance prior to

any cash withdrawal.

     This act would take effect on January 1, 2027.

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