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NJ A4923
Bill
Status
10/21/2024
Primary Sponsor
Jessica Ramirez
Click for details
AI Summary
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Prohibits sellers from imposing any credit card surcharge on customers for transactions occurring in New Jersey, eliminating the current law that allowed surcharges up to the actual processing cost
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Requires sellers with minimum purchase requirements for credit card transactions to post clear and conspicuous notice of the minimum amount at points of entry, sale, customer service areas, and on menus for restaurants
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Requires sellers offering cash, check, or debit card discounts to post clear and conspicuous notice of the discount at entry points, sale locations, and on menus for restaurants
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For online, mobile app, kiosk, or telephone transactions, sellers must provide electronic or verbal notice of minimum requirements or cash discounts before processing
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Exempts motor fuel retail dealers from the cash discount notice requirements, and excludes government fees, taxes, fines, and court charges from the definition of covered transactions
Legislative Description
Prohibits seller from charging credit card surcharges; establishes notice requirements for credit card minimums and cash discounts.
Consumer Affairs
Last Action
Introduced, Referred to Assembly Consumer Affairs Committee
10/21/2024