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Bill > HB1530


WA HB1530

WA HB1530
Modernizing payment systems by expanding consumer-friendly transaction options for registered tow truck operators and regulated businesses.


summary

Introduced
01/23/2025
In Committee
02/18/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT Relating to modernizing payment systems by expanding 2 consumer-friendly transaction options for registered tow truck 3 operators and regulated businesses; adding a new section to chapter 4 46.55 RCW; and creating a new section. 5

AI Summary

This bill addresses payment system modernization for registered tow truck operators by allowing them to charge credit card transaction fees under specific consumer-friendly conditions. The legislation recognizes that tow truck operators often perform critical public safety services without full compensation and face significant financial challenges, particularly from unreimbursed tows. Under the bill, tow truck operators can charge a transaction fee up to 3% for credit card payments, but only if they simultaneously offer a free, no-cost payment alternative and clearly disclose this option to consumers at the time of payment. The bill specifically defines credit card payments as those incurring an interchange fee, and excludes debit card transactions from this provision. By enabling tow truck operators to recover credit card processing costs, the legislation aims to support small businesses in the towing sector, promote economic fairness, and maintain the sustainability of essential transportation and safety services. The bill draws parallels to existing state practices where convenience fees are already charged for various government services, positioning this as a reasonable and necessary update to current payment regulations.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Referred to Rules 2 Review. (on 02/18/2025)

bill text


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