SB125 Alabama 2023 Session

Summary

Primary Sponsor

Merika Coleman Senator

Democrat

Session

Regular Session 2023

Title

Relating to credit and debit card fees; to provide that the calculation of any credit or debit card swipe fee may not include taxes and fees added on to the price of the goods or services purchased by the credit or debit card.

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.

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.

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