Bill Text: PA HB313 | 2013-2014 | Regular Session | Introduced
Bill Title: Further providing for presentment of negotiable instruments.
Spectrum: Slight Partisan Bill (Democrat 11-4)
Status: (Introduced - Dead) 2013-01-23 - Referred to COMMERCE [HB313 Detail]
Download: Pennsylvania-2013-HB313-Introduced.html
| PRINTER'S NO. 313 |
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No. | 313 | Session of 2013 |
INTRODUCED BY MOUL, O'BRIEN, YOUNGBLOOD, EMRICK, COHEN, V. BROWN, KORTZ, D. COSTA, PICKETT, CALTAGIRONE, MURT, THOMAS, DELUCA AND GOODMAN, JANUARY 23, 2013
REFERRED TO COMMITEE ON COMMERCE, JANUARY 23, 2013
AN ACT
1Amending Title 13 (Commercial Code) of the Pennsylvania
2Consolidated Statutes, further providing for presentment of
3negotiable instruments.
4The General Assembly of the Commonwealth of Pennsylvania
5hereby enacts as follows:
6Section 1. Section 3501(b) of Title 13 of the Pennsylvania
7Consolidated Statutes is amended by adding a paragraph to read:
8§ 3501. Presentment.
9* * *
10(b) Application of certain rules.--The following rules are
11subject to Division 4 (relating to bank deposits and
12collections), agreement of the parties and clearinghouse rules
13and the like:
14* * *
15(5) Notwithstanding any other provisions of law,
16including this title, to the contrary, the drawee may not
17impose a charge or fee as a condition of acceptance if the
18fee reduces the effective face amount of the negotiable
1instrument.
2Section 2. This act shall take effect in 60 days.
