An Act relative to transparency in credit card fees
Generates a plain-language summary of the bill text and history.
| Committee | Recommendation | Vote |
|---|---|---|
| J17 | Accompanied | 1 entries |
in Chapter 140D of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out paragraph (2) and inserting in place thereof the following paragraph:- (2) A seller in any sales transaction who imposes a surcharge on a cardholder who elects to use a credit card in lieu of payment by cash, check, or similar means shall inform the purchaser of the surcharge by a sign conspicuously posted on the seller’s premises, as well as on every receipt which shall identify the amount of such surcharge and its relationship to the seller’s cost of accepting credit cards.
Section 28A in Chapter 140D of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out paragraph (2) and inserting in place thereof the following paragraph:- (2) A seller in any sales transaction who imposes a surcharge on a cardholder who elects to use a credit card in lieu of payment by cash, check, or similar means shall inform the purchaser of the surcharge by a sign conspicuously posted on the seller’s premises, as well as on every receipt which shall identify the amount of such surcharge and its relationship to the seller’s cost of accepting credit cards.