Loading chat...

NJ A4923

Bill

Status

Introduced

10/21/2024

Primary Sponsor

Jessica Ramirez

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • 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

  • 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

  • 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

  • For online, mobile app, kiosk, or telephone transactions, sellers must provide electronic or verbal notice of minimum requirements or cash discounts before processing

  • 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

Committee Referrals

Consumer Affairs10/21/2024

Full Bill Text

No bill text available