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MS HB1326
Bill
Status
3/25/2013
Primary Sponsor
Manly Barton
Click for details
AI Summary
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Amends Mississippi Code sections 17-25-1 and 27-104-33 to allow counties, municipalities, and state agencies to bear the full cost of processing electronic payments for retail merchandise sales.
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Maintains existing requirement that electronic payment processing fees be passed to users for taxes, fees, and accounts receivable payments.
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Permits counties and municipalities to voluntarily absorb processing costs specifically for retail merchandise transactions without state approval.
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Allows state agencies to bear full processing costs for retail merchandise sales without requiring cost-effectiveness demonstration to the Department of Finance and Administration.
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Takes effect upon passage.
Legislative Description
Counties, municipalities and state agencies; authorize to bear cost of processing electronic payments for retail sales.
Last Action
Approved by Governor
3/25/2013