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MS HB167

Bill

Official Source

Status

Failed

1/30/2018

Primary Sponsor

Charles Busby

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Allows counties and municipalities to charge electronic payment processing fees to users instead of bearing the cost themselves
  • Permits counties and municipalities to charge a flat rate based on a percentage of the transaction, not to exceed 4% per transaction
  • Requires any flat rate charged to be reasonably related to the overall and average per-transaction processing fees and internal costs
  • Mandates that counties and municipalities post notice of electronic payment rates in a location visible to consumers before payment is made
  • Effective July 1, 2018

Legislative Description

Counties and municipalities; revise how rates for electronic payments are assessed.

Last Action

Died In Committee

1/30/2018

Committee Referrals

County Affairs1/2/2018

Full Bill Text

No bill text available