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Bill > HB1386


GA HB1386

GA HB1386
Commerce and trade; surcharges charged by merchants for purchasers' use of credit cards; limit amount


summary

Introduced
02/22/2024
In Committee
Crossed Over
Passed
Dead
03/28/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT To amend Code Section 10-1-393.3 of the Official Code of Georgia Annotated, relating to prohibited use of purchaser's credit card information by merchant, so as to limit the amount of surcharges charged by merchants for purchasers' use of credit cards; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

This bill amends the existing law in Georgia to limit the amount of surcharges that merchants can charge customers for using credit cards. Specifically, it prohibits merchants from charging a surcharge that exceeds the actual cost to the merchant to process the credit card transaction. This is intended to prevent merchants from imposing excessive fees on customers for using credit cards.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

House Second Readers (on 02/27/2024)

Taxonomy

Banking, Finance, and Domestic Commerce
  • ‐ Consumer Finance and Credit, including Credit Cards

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://www.legis.ga.gov/legislation/67386 02/23/2024
BillText https://www.legis.ga.gov/api/legislation/document/20232024/225271 02/23/2024
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