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MO SB354
Bill
Status
Introduced
2/20/2013
Primary Sponsor
Eric Schmitt
Click for details
AI Summary
- Adds section 407.441 to Missouri law to prohibit merchants from imposing surcharges when customers use credit cards or debit cards instead of cash, checks, or similar payment methods
- Defines "surcharge" as any additional amount imposed at the time of sale or lease that increases the charge to the buyer for using a credit or debit card, with exemptions for charges imposed under approved state or federal tariffs
- Applies to retail mercantile establishments and online retailers with physical locations in Missouri, as well as their agents, employees, and independent contractors
- Permits merchants to offer discounts for cash or non-card payment methods as long as the discount is offered to all prospective customers
- Establishes willful and knowing violations as a class D felony and subjects violators to penalties and remedies under Missouri's unlawful practice statutes, with enforcement authority granted to the state attorney general
Legislative Description
Prohibits merchants from charging credit or debit card surcharge fees
Last Action
Hearing Conducted S Financial and Governmental Organizations and Elections Committee
3/25/2013
Committee Referrals
Financial And Governmental Organizations And Elections2/28/2013
Full Bill Text
No bill text available