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Bill > HB1386
GA HB1386
GA HB1386Commerce and trade; surcharges charged by merchants for purchasers' use of credit cards; limit amount
summary
Introduced
02/22/2024
02/22/2024
In Committee
Crossed Over
Passed
Dead
03/28/2024
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
Official Document
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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