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MS HB1219
Bill
Status
Failed
4/3/2012
Primary Sponsor
Manly Barton
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AI Summary
- Counties and municipalities may pay the full cost of processing credit card, debit card, and other electronic payment fees for retail sales they conduct, rather than passing those fees to customers
- State agencies may bear the full cost of processing electronic payments for their retail sales without needing to demonstrate cost savings to the Department of Finance and Administration
- For taxes, fees, and other accounts receivable (non-retail transactions), the electronic payment processing fees must still be charged to the user
- The bill amends existing law that previously required all electronic payment processing fees to be passed on to the person making the payment
- Effective date: July 1, 2012
Legislative Description
Counties, municipalities and state agencies; authorize to bear cost of processing electronic payments for retail sales by.
Last Action
Died In Committee
4/3/2012
Full Bill Text
No bill text available