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
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
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.
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 |