2017 Montana Legislature

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HOUSE BILL NO. 506

INTRODUCED BY J. TREBAS

 

A BILL FOR AN ACT ENTITLED: "AN ACT ALLOWING MERCHANTS, VENDORS, CREDITORS, OR OTHER PARTIES TO CHARGE CARD TRANSACTION FEES FOR TRANSACTIONS WITH A CREDIT OR DEBIT CARD."

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:

 

     NEW SECTION.  Section 1.  Card transaction fee. A merchant, vendor, creditor as provided in 31-2-102, or other party may charge a card transaction fee of up to 3% of the total amount of a transaction if a purchase or other payment is made with a credit or debit card. A financial institution or credit card company may not prohibit collection of the card transaction fee as provided in this section.

 

     NEW SECTION.  Section 2.  Codification instruction. [Section 1] is intended to be codified as an integral part of Title 31, chapter 2, part 1, and the provisions of Title 31, chapter 2, part 1, apply to [section 1].

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Latest Version of HB 506 (HB0506.01)
Processed for the Web on February 17, 2017 (3:34pm)

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