Bill
Bill > SB520
summary
Introduced
01/24/2024
01/24/2024
In Committee
01/24/2024
01/24/2024
Crossed Over
Passed
Dead
04/08/2024
04/08/2024
Introduced Session
2024 Regular Session
Bill Summary
Prohibiting a retail business from charging a consumer a certain surcharge in excess of the amount required to reimburse the retail business for the cost of processing certain credit or debit transactions; and making a violation of this Act an unfair, abusive, or deceptive trade practice that is subject to enforcement and penalties under the Maryland Consumer Protection Act.
AI Summary
This bill prohibits retail businesses in Maryland from charging consumers a surcharge for using a credit or debit card that exceeds the amount the business is charged for processing the transaction. Violations of this restriction would be considered an unfair, abusive, or deceptive trade practice under the Maryland Consumer Protection Act, subjecting the business to enforcement and penalties. The bill will take effect on October 1, 2024.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Senate Finance Hearing (13:00:00 2/14/2024 ) (on 02/14/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0520?ys=2024RS |
| BillText | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0520f.pdf |
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