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NJ S3697
Bill
Status
9/30/2024
Primary Sponsor
James Beach
Click for details
AI Summary
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Prohibits sellers in New Jersey from imposing any credit card surcharge on customers, eliminating the current allowance for surcharges up to the actual processing cost
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Requires sellers with minimum purchase requirements for credit card use to post clear and conspicuous notices at points of entry and sale, or on menus for restaurants
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Mandates disclosure of cash/debit/check discounts through posted signage at entry and point of sale, with exceptions for online, mobile app, kiosk, and telephone transactions requiring electronic or verbal notice
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Exempts motor fuel retail dealers from the cash discount notice requirements
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Violations constitute an unlawful practice under the Consumer Fraud Act (P.L.1960, c.39)
Legislative Description
Prohibits seller from charging credit card surcharges; establishes notice requirements for credit card minimums and cash discounts.
Commerce
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee
9/30/2024