MS HB546

Amends Section 17-25-1 of Mississippi Code to allow counties and municipalities to establish electronic payment processing fees for taxes, fees, accounts receivable, and retail merchandise sales.

Permits counties and municipalities to charge a flat rate based on a percentage of the transaction, not to exceed 4% per transaction, provided the rate is reasonably related to overall average processing fees and internal costs.

Requires counties and municipalities to post notice of electronic payment rates in a visible location before consumers make payments.

Allows counties and municipalities to bear the full cost of processing electronic payments for retail merchandise sales without charging consumers additional fees.

Takes effect July 1, 2015.