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Bill > S514

NJ S514

NJ S514
Authorizes local governments to impose convenience fees for accepting electronic payments.

summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill would authorize local government units to assess and collect a convenience fee of up to $3 for accepting an electronic payment, and clarifies that local units are also required to provide traditional payment options for those who prefer making payments via non-electronic means. The Supreme Court of New Jersey recently affirmed an Appellate Division decision ruling that the "Government Electronic Payment Acceptance Act" does not authorize the imposition of a convenience fee for accepting electronic payments, which several counties had been imposing. This bill would amend that law to authorize such fees in order to offset the administrative expenses borne by local government units in accepting electronic payments.

AI Summary

This bill would authorize local government units in New Jersey to assess and collect a convenience fee of up to $3 for accepting electronic payments, such as credit cards, debit cards, or electronic funds transfers. The bill also clarifies that local units must provide the option to make payments by traditional, non-electronic means, such as cash, check, or money order. This is in response to a recent court decision that ruled the existing "Government Electronic Payment Acceptance Act" did not authorize the imposition of convenience fees, which several counties had been charging to offset the administrative expenses of accepting electronic payments.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/11/2022)
(4 Companion Bills)

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