The Senate Banking Committee passed a broad regulatory relief bill Thursday that would allow banks to pay interest on business checking accounts and earn money on reserves at the central bank.

Before the vote, the panel rejected an amendment by the committee chairman, Alfonse M. D'Amato, that would have banned automated teller machine surcharges. Edward L. Ying-ling, chief lobbyist for the American Bankers Association, called that an important victory for the industry.

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