Legislation

Prohibiting a credit card processor from assessing or charging a fee, fine, or penalty that exceeds $500 if a business entity cancels a merchant processing agreement in certain circumstances; prohibiting any fee, fine, or penalty if a business entity terminates a merchant processing agreement after the expiration of the initial term; requiring a merchant processing agreement to include certain information; applying the Act prospectively; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Details

Cross-filed with: SB0694

Introduced in a prior session as: HB1647 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2019

History

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Commercial Law - Credit Card Processors - Service Agreements Proceedings
Chamber House Calendar Date 2/11/2019 Legislative Date 2/11/2019 Action Hearing 2/20 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/14/2019 Legislative Date 3/14/2019 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 3/14/2019 Legislative Date 3/11/2019 Action Favorable with Amendments {953299/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/14/2019 Legislative Date 3/11/2019 Action Second Reading Passed with Amendments Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Commercial Law – Credit Card Processors – Merchant Processing Agreements Proceedings
Chamber House Calendar Date 3/15/2019 Legislative Date 3/12/2019 Action Third Reading Passed (138-0) Proceedings 47 Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2019 Legislative Date 3/15/2019 Action Referred Finance Proceedings 47AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/25/2019 Legislative Date 3/25/2019 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/27/2019 Legislative Date 3/23/2019 Action Favorable Adopted Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 3/27/2019 Legislative Date 3/23/2019 Action Floor Amendment {893522/1 (Senator Kramer) Adopted Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 3/27/2019 Legislative Date 3/23/2019 Action Second Reading Passed with Amendments Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 3/28/2019 Legislative Date 3/24/2019 Action Third Reading Passed (47-0) Proceedings 56 Click to view Recorded Media
Chamber House Calendar Date 4/01/2019 Legislative Date 3/22/2019 Action House Concurs Senate Amendments Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 4/01/2019 Legislative Date 3/22/2019 Action Third Reading Passed (136-0) Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 4/01/2019 Legislative Date 3/22/2019 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Commercial Law – Credit Card Processors – Merchant Processing Agreements Proceedings
Chamber Post Passage Calendar Date 4/30/2019 Legislative Date 4/30/2019 Action Approved by the Governor - Chapter 296 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Commercial Law – Credit Card Processors – Merchant Processing Agreements Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/08/2019	2/08/2019	First Reading Economic Matters
			Text - First - Commercial Law - Credit Card Processors - Service Agreements
House	2/11/2019	2/11/2019	Hearing 2/20 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/14/2019	3/14/2019	Favorable with Amendments Report by Economic Matters
House	3/14/2019	3/11/2019	Favorable with Amendments {953299/1 Adopted	46 Click to view Recorded Media
House	3/14/2019	3/11/2019	Second Reading Passed with Amendments	46 Click to view Recorded Media
			Text - Third - Commercial Law – Credit Card Processors – Merchant Processing Agreements
House	3/15/2019	3/12/2019	Third Reading Passed (138-0)	47 Click to view Recorded Media
Senate	3/18/2019	3/15/2019	Referred Finance	47AClick to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/25/2019	3/25/2019	Favorable Report by Finance
Senate	3/27/2019	3/23/2019	Favorable Adopted	55 Click to view Recorded Media
Senate	3/27/2019	3/23/2019	Floor Amendment {893522/1 (Senator Kramer) Adopted	55 Click to view Recorded Media
Senate	3/27/2019	3/23/2019	Second Reading Passed with Amendments	55 Click to view Recorded Media
Senate	3/28/2019	3/24/2019	Third Reading Passed (47-0)	56 Click to view Recorded Media
House	4/01/2019	3/22/2019	House Concurs Senate Amendments	57 Click to view Recorded Media
House	4/01/2019	3/22/2019	Third Reading Passed (136-0)	57 Click to view Recorded Media
House	4/01/2019	3/22/2019	Passed Enrolled
			Text - Enrolled - Commercial Law – Credit Card Processors – Merchant Processing Agreements
Post Passage	4/30/2019	4/30/2019	Approved by the Governor - Chapter 296
			Text - Chapter - Commercial Law – Credit Card Processors – Merchant Processing Agreements

File Code

Subjects

Statutes