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AB 2695 (Quirk) Credit card surcharges.

Friday, June 19, 2020 9:30 AM | Ross Hutchings (Administrator)

AB 2695

(Quirk D)   Credit card surcharges.    

 

Current Text: Introduced: 2/20/2020   html   pdf

 

Introduced: 2/20/2020

 

Status: 6/5/2020-Failed Deadline pursuant to Rule 61(b)(6). (Last location was A. B. & F. on 3/12/2020)

 

Location: 6/5/2020-A. DEAD

 

Summary: Current law prohibits a retailer in any sales, service, or lease transaction from imposing surcharges on consumers who elect to use a credit card in lieu of payment by cash, check, or similar means, but permits a retailer to offer discounts to encourage payments by means other than credit cards, as specified. This bill would repeal these provisions. The bill would authorize a retailer in any sales, service, or lease transaction with a consumer to impose a surcharge on a cardholder who elects to use a credit card in lieu of payment by cash, check, or similar means, subject to two requirements.


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