_____________ bill NO. _____________

INTRODUCED BY _________________________________________________

By Request of the ****

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; and Requiring disclosure of the fee prior to completion of the transaction.”

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

NEW SECTION. Section 1. Credit 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. A party that chooses to charge a card transaction fee under this section must clearly disclose the fee prior to the completion of the transaction.

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].