S05587Introduced in the Senate
Excludes the amount of state and local taxes and fees from the amount on which an interchange fee is charged for that electronic payment transaction by a credit or debit card network; prohibits a payment card network from altering or manipulating the computation and imposition of interchange fees.
Introduced by James Skoufis, District 42
What does this bill do?
Plain-English breakdown
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Official description
Excludes the amount of state and local taxes and fees from the amount on which an interchange fee is charged for that electronic payment transaction by a credit or debit card network; prohibits a payment card network from altering or manipulating the computation and imposition of interchange fees.
Where it stands
COMMITTED TO RULES
June 5, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
REFERRED TO CONSUMER PROTECTION
REFERRED TO CONSUMER PROTECTION
AMEND AND RECOMMIT TO CONSUMER PROTECTION
PRINT NUMBER 5587A
1ST REPORT CAL.1296
2ND REPORT CAL.
ADVANCED TO THIRD READING
COMMITTED TO RULES
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