SB125 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
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
<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 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.
</p>
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 22, 2023 | S | Introduced and Referred to Senate Banking and Insurance |
| March 22, 2023 | S | Read First Time in House of Origin |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB125 Alabama 2023 Session - Introduced |
| Fiscal Note | Fiscal Note - As Introduced |