Legislation - SB0917

Title: Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data
Sponsored by: Senator Kramer
Status: In the Senate - Hearing 3/06 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:: Finance

Details

Cross-filed with: HB0029

Bill File Type: Regular

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 2/03/2025 Legislative Date 1/28/2025 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data Proceedings
Chamber Senate Calendar Date 2/06/2025 Legislative Date 2/06/2025 Action Hearing 3/06 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2025	1/28/2025	First Reading Finance
			Text - First - Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data
Senate	2/06/2025	2/06/2025	Hearing 3/06 at 1:00 p.m.

File Code

Subjects

Statutes