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MS HB1433

Bill

Status

Failed

2/5/2013

Primary Sponsor

Sherra Hillman Lane

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Prohibits sellers or lessors from imposing a surcharge on buyers or lessees who choose to pay with a credit card instead of cash, check, or similar means.

  • Allows sellers to offer discounts for payment by cash, check, or non-credit card methods if the discount is clearly and conspicuously offered to all prospective customers.

  • Exempts state agencies, counties, municipalities, community hospitals, and other governmental entities from the prohibition when assessing credit card processing fees to users.

  • Establishes criminal penalties of up to 60 days in county jail and/or a fine of up to $500 for violations.

  • Takes effect July 1, 2013.

Legislative Description

Credit cards; prohibit seller from imposing a surcharge on the buyer for using.

Last Action

Died In Committee

2/5/2013

Committee Referrals

Banking and Financial Services1/21/2013

Full Bill Text

No bill text available