00                             HOUSE BILL NO. 350                                                                          
01 "An Act relating to certain fees for using an automated teller machine."                                                
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. AS 06 is amended by adding a new chapter to read:                                                     
04                    Chapter 90.  Miscellaneous Provisions.                                                             
05 Sec. 06.90.010. Automated teller machine fee. Unless a fee is otherwise                                               
06 prohibited by or conflicts with federal law, a person who owns an automated teller                                      
07 machine may charge a fee for the use of the automated teller machine to conduct a                                       
08 transaction accessing an account from an international financial institution. In this                                   
09       section,                                                                                                          
10                 (1)  "automated teller machine" means an electronic device that                                         
11       dispenses cash in connection with a credit, deposit, or checking account at an                                    
12       international financial institution;                                                                              
13 (2)  "international financial institution" means a person that is                                                       
14 organized and licensed under the laws of a foreign country to engage in a banking                                       
15 business; in this paragraph, "banking business" means a business that offers deposit                                    
01       accounts, makes loans, and conducts other financial transactions.