Section 2323 - Fees and charges(a) Allowable fees.--The licensee or any person subject to any provision of this act may collect the following fees for cashing a check: (1) A sum not exceeding 1.5% of the face amount of a government check or 0.5% of the face amount of a government assistance check, provided the payee submits valid identification in the form of a driver's license, an identification card issued by the Department of Transportation or the equivalent; or(2) A sum not exceeding 3% of the face amount of a payroll check.(3) A sum not exceeding 10% of the face amount of a personal check.(b) New customer fee.--Notwithstanding anything in this section to the contrary, the licensee or any person subject to any provision of this act may charge an initial fee not to exceed $10 to a new customer to cover the cost of investigating the customer's credit.(c) Receipt of transaction.--The licensee or any person subject to any provision of this act shall provide a receipt of the transaction.(d) Other goods and services.--(1) The licensee or any person subject to any provision of this act shall not require consumers to purchase other goods or services in order to cash a check.(2) Nothing in this section shall prevent a licensee or any person subject to this act from offering additional goods and services.(e)Definitions.--As used in this section, the following words and phrases shall have themeanings given to them in this subsection unless the contextclearly indicates otherwise:
"Government assistance check." A check issued by the Federal Government or State Government on a continuing periodic basis by a government agency for the payment to the recipient payee of Federal or State assistance, Social Security, workers' compensation, unemployment compensation, railroad retirement benefits, veterans benefits or housing assistance.
"Government check." A check issued by the Federal Government, State Government or local government other than a government assistance check.
Amended by P.L. TBD 2016 No. 45, § 3, eff. 8/16/2016. 1998, Feb. 18, P.L. 146, No. 22, § 503, effective in 60 days. Amended 2002, Dec. 9, P.L. 1546, No. 200, § 1, effective in 60 days.