Legislation - HB0029

Title: Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data
Sponsored by: Delegates T. Morgan and Crosby
Status: In the House - Hearing 1/21 at 1:00 p.m.
Analysis

Synopsis

Requiring certain entities that process electronic payment transactions to exclude, under certain circumstances, the amount of tax and gratuity included in the electronic payment transaction from the amount on which an interchange fee is charged; requiring certain credit and debit card issuers to credit a merchant who provides certain documentation with the amount of the interchange fee charged on the amount of tax and gratuity included in an electronic payment transaction; etc.

Committees

Original:: Economic Matters

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2025

History

Legislation History
Chamber House Calendar Date 10/24/2024 Legislative Date 10/24/2024 Action Pre-filed Proceedings
Chamber House Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data Proceedings
Chamber House Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action Hearing 1/21 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	10/24/2024	10/24/2024	Pre-filed
House	1/08/2025	1/08/2025	First Reading Economic Matters
			Text - First - Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data
House	1/08/2025	1/08/2025	Hearing 1/21 at 1:00 p.m.

File Code

Subjects

Statutes