TAX/SALES & USE: Urges and requests the Department of Revenue to study the benefit that a dealer receives from vendor's compensation as compared to the costs a dealer incurs for paying certain interchange fees

This Louisiana resolution asks the Department of Revenue to conduct a study comparing the small fee dealers keep for collecting sales taxes against the higher interchange fees they pay when customers use credit or debit cards. The study will specifically look at whether the compensation dealers receive offsets the costs of paying transaction fees on the tax portion of sales. If completed, the findings will be reported to the House Committee on Ways and Means by January 31, 2027. This measure does not change any existing laws but instead directs the state agency to gather data and provide an analysis of these financial dynamics for lawmakers.