SB316 Alabama 2021 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Debit and credit card swipe fee, exclude from fee calculation taxes and fees added on to purchase price
Description
<p class="bill_description"> Merchants and sellers may be charged a
credit card swipe fee when a customer uses a credit
or debit card to make a payment</p><p class="bill_description">
This bill would require a credit or debit
card processor to deduct from the calculation of
the credit card swipe fee the amount of state and
local taxes and certain fees charged to the
customer at the time of making a payment by credit
or debit card</p><p class="bill_entitled_an_act"> Relating to credit and debit card fees; to provide
that the calculation of any credit card swipe fee may not
include taxes and fees added on to the price of the goods or
services purchased by credit or debit card.
</p>
Subjects
Credit Cards
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 9, 2021 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB316 Alabama 2021 Session - Introduced |