ENGR. H.B. 2057 Summary

• Requires vendors providing debit cards to state government entities to annually disclose the total amount of cardholder fees paid to the vendor on the contract anniversary date.

• Failure to submit the required annual fee disclosure results in automatic contract termination by the state government entity.

• State government entities must make cardholder fee information available to the public through a website and by request.

• Applies to any person, firm, partnership, corporation, or business entity with contracts to provide debit cards for state agency funds.

• Effective date: November 1, 2013.