Chief Patron: Ebbin
Taxpayer Friendly Refund Options

Item 465 #2s

Language
Page 396, strike line 14 to line 16, and insert:
"refunds through mailed check, debit cards, direct deposits, or other electronic means. Included in the amounts for this Item is $200,000 in each year from the general fund for postage and other costs as may be incurred in the provision of these taxpayer-friendly refund options.
D. At the expiration of the current contract for the provision of taxpayer refunds, the Commonwealth shall implement the following terms for the provision of taxpayer refunds:
1. In-network ATM withdrawal: No fee;
2. Out-of-network ATM withdrawal: At least one free use per month and not greater than $1.50 per each subsequent monthly transaction;
3. In-network account balance inquiry: No fee;
4.Out-of-network balance inquiry: At least one free use per month and not greater than $0.50 per each subsequent monthly transaction;
5. Bank teller cash withdrawal: No fee at banks where debit car is accepted;
6. Transfer to a U.S. Bank: No fee for in-network banking institutions. Out-of-network transactions not greater than $0.75 per transaction;
7. In-network bank or ATM denial of withdrawal: No fee;
8. Idle card fee: At least 24 months between card uses, after 24 months not greater than $1.00 per month;
9. Card replacement: No fee for first card replacement, subsequent replacements not greater than $4.00; and
10. Account access and customer service via telephone: No fees or limits on number of calls."

Explanation
(This amendment implements the provisions of SB 27.)