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CS/CS/HB 677: Electronic Payment Transactions

GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Caruso

Electronic Payment Transactions; Prohibits certain entities from receiving & charging merchants interchange fees on tax & tip amounts of electronic payment transactions; requires merchants to transmit data for interchange fees credits; authorizes merchants to submit documentation & data within specified timeframe; requires issuers to credit merchants interchange fees; provides civil penalties; prohibits entities from distributing, exchanging, transferring, disseminating, & using electronic payment transaction data.

Effective Date: 10/1/2023
Last Action: 5/5/2023 House - Died on Second Reading Calendar
Bill Text: PDF



Bill History

Date Chamber Action
2/8/2023 House • Filed
2/14/2023 House • Referred to Insurance & Banking Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/7/2023 House • 1st Reading (Original Filed Version)
3/10/2023 House • Added to Insurance & Banking Subcommittee agenda
3/14/2023 House • Favorable with CS by Insurance & Banking Subcommittee
3/15/2023 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
3/16/2023 House • Referred to Commerce Committee
• Now in Commerce Committee
4/6/2023 House • PCS added to Commerce Committee agenda
4/11/2023 House • Favorable with CS by Commerce Committee (Amended)
4/12/2023 House • Reported out of Commerce Committee
4/13/2023 House • Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 2)
4/14/2023 House • Bill referred to House Calendar
• Added to Second Reading Calendar
5/5/2023 House • Died on Second Reading Calendar