ATMIA recaps latest member advocacy efforts
The association’s recent efforts have been exceptionally intensive and span the breadth of city, state and federal regulatory regimes, according to a press release.
In a letter to President Trump, ATMIA introduced itself as the global representative of all ATM industry constituents and identified issues “of the highest importance and in great need of attention,” the release said
Leading the list was Operation Choke Point, an anti-money laundering program that threatens the existence of some ATM operators and other small businesses across the U.S.
ATMIA met last year with Rep. Blaine Luetkemeyer in support of his proposed legislation, the Financial Institution Customer Protection Act of 2016 (H.R. 766), which would curtail this threat. The measure is now in the process of being re-introduced.
The association is also monitoring a flood of legislative activity at the state level, and said that it received 300 legislative alerts about actions in 28 states within the first half of 2017.
Among the most egregious of these is a bill before the Illinois House (H.B. 1274) that would impose a limit of $1 in total for all surcharge, convenience and out-of-network fees at ATMs, the release said.
In April, ATMIA sent a letter to Rep. Arthur Turner, the primary sponsor of the bill, explaining the disastrous impact it would have on consumer access to cash in Illinois.
The association also has spoken out about proposals under consideration by the Cleveland city council and the Ohio state legislature, the press release said. Both proposals aim to reduce the number of ATM thefts by limiting vault cash to a maximum of $2,000.
ATMIA sent one letter to Cleveland Councilman Anthony Brancatelli and another letter to Ohio Rep. Tom Patton, explaining that the proposed actions would have little impact on crime, but would significantly increase ATM operators’ costs, and put at risk the viability of most retail ATMs (and convenient access to cash by Ohioans).
Both measures now seem to have stalled in the face of stiff opposition, the ATMIA release said.
A complete update on ATMIA advocacy efforts is available for download from the association’s website. Members can also visit the site to sign up for legislative alerts and view ATM compliance profiles for U.S. states, the District of Columbia, and Puerto Rico — all at no charge.