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Glossary of Legislative Terms

CS/CS/CS/SB 564: Interchange Fees on Taxes

GENERAL BILL by Rules ; Commerce and Tourism ; Banking and Insurance ; Hutson

Interchange Fees on Taxes; Prohibiting issuers, payment card networks, acquirer banks, and processors from receiving or charging merchants interchange fees on the tax amounts of electronic payment transactions if the merchant provides certain information in a specified manner; requiring an issuer to credit a merchant the amount of interchange fees on taxes within a certain timeframe if the merchant meets certain conditions; prohibiting specified actions relating to electronic payment transaction data by certain entities, etc.

Effective Date: Except as otherwise expressly provided in this act, this act shall take effect upon becoming a law
 Last Action: 5/5/2023 Senate - Died on Calendar
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)


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Bill History

Date Chamber Action
2/7/2023 Senate • Filed
2/16/2023 Senate • Referred to Banking and Insurance; Commerce and Tourism; Rules
3/7/2023 Senate • Introduced
3/10/2023 Senate • On Committee agenda-- Banking and Insurance, 03/15/23, 1:00 pm, 412 Knott Building
3/15/2023 Senate • CS by Banking and Insurance; YEAS 9 NAYS 2
3/17/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Commerce and Tourism
3/21/2023 Senate • CS by Banking and Insurance read 1st time
3/30/2023 Senate • On Committee agenda-- Commerce and Tourism, 04/04/23, 8:30 am, 110 Senate Building
4/4/2023 Senate • CS/CS by Commerce and Tourism; YEAS 7 NAYS 2
4/5/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
4/7/2023 Senate • Now in Rules
4/11/2023 Senate • CS/CS by Commerce and Tourism read 1st time
4/19/2023 Senate • On Committee agenda-- Rules, 04/24/23, 1:00 pm, 412 Knott Building
4/24/2023 Senate • CS/CS/CS by- Rules; YEAS 15 NAYS 4
4/26/2023 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• CS/CS/CS by Rules read 1st time
5/3/2023 Senate • Placed on Calendar, on 2nd reading
5/5/2023 Senate • Died on Calendar