summary
Introduced
03/01/2024
03/01/2024
In Committee
03/11/2024
03/11/2024
Crossed Over
Passed
Dead
06/03/2024
06/03/2024
Introduced Session
2024 Regular Session
Bill Summary
AN ACT To enact R.S. 9:3518.5, relative to credit and debit card surcharge fees; to prohibit certain excess fees; to provide for liability; and to provide for related matters.
AI Summary
This bill prohibits retail businesses from charging a credit or debit card surcharge that exceeds the amount the business pays to process the transaction. It requires that businesses that add a surcharge must not charge more than the processing fee. The bill also establishes that a retail business that violates these provisions will be liable to the cardholder for any damages or expenses incurred. The key terms defined in the bill are "cardholder" and "surcharge."
Committee Categories
Business and Industry
Sponsors (1)
Last Action
House Committee on Commerce (09:30:00 3/19/2024 Room 1) (on 03/19/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.la.gov/legis/BillInfo.aspx?s=24rs&b=HB487&sbi=y |
| BillText | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1351321 |
| Analysis - Digest of HB487 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1351331 |
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