Plain English Breakdown
The provided bill title states the purpose is to limit surcharges, but the specific numerical limits are missing from the summary text.
HB700: Limits on Credit Card Surcharges
This bill changes Georgia law to limit how much extra merchants can charge customers who pay with credit cards.
What This Bill Does
- Amends Code Section 10-1-393.3 of the Official Code of Georgia Annotated regarding prohibited use of purchaser's credit card information by merchants.
- Limits the amount of surcharges charged by merchants for purchasers using credit cards.
Who It Names or Affects
- Merchants who charge purchasers in Georgia.
- Purchasers who pay with credit cards
Limits and Unknowns
- The official text does not state the specific dollar amount or percentage limit for surcharges.
- The effective date of this law is not listed in the source material.