A 1370 New York Assembly · 2023 Regular Session

Relates to the establishment of notice requirements for credit card fees or surcharges; repealer

This bill regulates how businesses can charge extra fees when customers pay with credit cards. It requires sellers to clearly display two prices - one for credit card users and one for other payment methods - and post a visible notice explaining the fee amount and which cards are affected. The law also limits these surcharges to a maximum of four percent of the transaction or the actual processing cost, whichever is lower, while explicitly banning such fees on debit card purchases.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2023 Last action Jul 15, 2024
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Jan 3, 2024
Committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
lower
Jan 17, 2023
Committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
lower
1 primary · 1 co-sponsor

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