HB 2433 Summary

• Amends Arizona Revised Statutes Section 35-142 to require each state agency and authorized agents to accept cash and money orders for any amounts due to the agency or the state.

• Permits state agencies to accept credit cards through agreements with the state treasurer, with applicable discount and processing fees deducted before depositing funds into state accounts.

• Allows state agencies to charge convenience fees or service fees to cardholders for electronic transactions, except for permits, licenses, vehicle registration, and driver licensing, subject to state treasurer approval.

• Requires state agencies to deduct convenience fees and processing fees from transaction amounts before depositing net amounts into appropriate state funds.

• Mandates state agencies to submit a cost-benefit report when electronic transactions exceed 30 percent of total transactions, analyzing convenience fee costs, revenue generated, and realized savings.