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MD HB1481

MD HB1481
Consumer Protection - Credit or Debit Card Surcharges - Limitation


summary

Introduced
02/15/2024
In Committee
02/15/2024
Crossed Over
Passed
Dead
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. The bill also makes a violation of this provision an unfair, abusive, or deceptive trade practice that is subject to enforcement and penalties under the Maryland Consumer Protection Act. The bill will take effect on October 1, 2024.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

First Reading House Rules and Executive Nominations (on 02/15/2024)

bill text


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