Senate Bill 0878

    Florida Senate - 2000                                   SB 878

    By Senator Kirkpatrick





    5-135-00

  1                      A bill to be entitled

  2         An act relating to the State University System;

  3         amending s. 240.289, F.S.; authorizing

  4         universities in the system to accept credit

  5         cards and debit cards and to absorb the costs

  6         of using such cards; providing an effective

  7         date.

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  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Section 240.289, Florida Statutes, is

12  amended to read:

13         240.289  Credit card, charge card, and debit card use

14  in university system; authority.--

15         (1)  The several universities in the State University

16  System are authorized, pursuant to s. 215.322, to enter into

17  agreements and accept credit card, charge card, or debit card

18  payments as compensation for goods, services, tuition, and

19  fees in accordance with rules established by the Board of

20  Regents.

21         (2)  In addition, the several universities are also

22  authorized to accept credit cards and debit cards for the

23  payment of tuition and fees without the imposition of a

24  convenience fee for such card services. The costs incurred by

25  the several universities in accepting credit cards and debit

26  cards may be absorbed by the universities as a cost of doing

27  business. The universities may use any source of

28  nonappropriated funds to cover the costs of accepting such

29  cards. Universities also may negotiate credit card contracts

30  and debit card contracts with financial institutions whereby a

31  compensating balance may be placed on deposit with the

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2000                                   SB 878
    5-135-00




  1  financial institutions to cover the costs of accepting credit

  2  cards and debit cards. The several universities may accept

  3  credit card or debit card payments at any location where

  4  compensation is received for goods, services, tuition, or

  5  fees, whether the payor makes payment in person or by

  6  electronic means.

  7         Section 2.  This act shall take effect July 1, 2000.

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10                          SENATE SUMMARY

11    Authorizes universities in the State University System to
      accept credit cards and debit cards for tuition and fees
12    and to absorb the costs of accepting such cards.

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