SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2565

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Third General Court
(2023-2024)

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SENATE, January 29, 2024.

The committee on Consumer Protection and Professional Licensure, to whom was referred the petitions (accompanied by bill, Senate, No. 178) of Anne M. Gobi for legislation relative to transparency in credit card fees; (accompanied by bill, House, No. 260) of Gerard J. Cassidy relative to credit card surcharges; and (accompanied by bill, House, No. 306) of Colleen M. Garry relative to credit card surcharges, report the accompanying bill (Senate, No. 2565).

For the committee,

John J. Cronin

        FILED ON: 1/22/2024

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2565

The Commonwealth of Massachusetts

_______________

In the One Hundred and Ninety-Third General Court
(2023-2024)

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An Act relative to transparency in credit card fees.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Section 28A in Chapter 140D of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out paragraph (2) and inserting in place thereof the following paragraph:-

(2) A seller in any sales transaction who imposes a surcharge on a cardholder who elects to use a credit card in lieu of payment by cash, check, or similar means shall inform the purchaser of the surcharge by a sign conspicuously posted on the seller’s premises, as well as on every receipt which shall identify the amount of such surcharge and its relationship to the seller’s cost of accepting credit cards.