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Bill > HB700


GA HB700

GA HB700
Commerce and trade; limit amount of surcharges charged by merchants for purchasers using credit cards


summary

Introduced
03/03/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

2025-2026 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 using credit cards; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

This bill amends the Georgia Code to limit the amount of credit card surcharges that merchants can charge to consumers. Specifically, the bill prohibits merchants from imposing a credit card processing fee that is higher than the actual cost of processing the transaction. This means that when a customer uses a credit card to make a purchase, the additional fee charged by the merchant must directly reflect the merchant's true transaction processing expenses, without adding extra markup. The bill is designed to protect consumers from being overcharged for the convenience of using credit cards, ensuring that any additional fees are fair and directly tied to the merchant's processing costs. The amendment will be added to the existing section of Georgia law that governs merchants' use of customer credit card information, and it explicitly states that charging more than the actual processing cost is prohibited.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

House Second Readers (on 03/06/2025)

bill text


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