A06541Introduced in the Assembly
Prohibits payment card networks from assessing penalties against small businesses or financial intermediaries who fail to comply with the credit card surcharge notice requirement; declares any clause of a contract, agreement, or arrangement in violation of such provision void.
Introduced by Zohran Kwame Mamdani, District 36
What does this bill do?
Plain-English breakdown
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Official description
Prohibits payment card networks from assessing penalties against small businesses or financial intermediaries who fail to comply with the credit card surcharge notice requirement; declares any clause of a contract, agreement, or arrangement in violation of such provision void.
Where it stands
enacting clause stricken
January 5, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
referred to consumer affairs and protection
enacting clause stricken
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