New York 2025-2026 Regular Session

New York Senate Bill S05558

Introduced
2/25/25  
Refer
2/25/25  

Caption

Enacts the "interchange fee prohibition act"; prohibits the receipt or charge of interchange fees on the tax amount or gratuity of an electronic payment transaction if the merchant informs the acquirer bank or its designee of the tax or gratuity amount as part of the authorization or settlement process for the electronic payment transaction; establishes penalties.

Companion Bills

NY A06603

Same As Enacts the "interchange fee prohibition act"; prohibits the receipt or charge of interchange fees on the tax amount or gratuity of an electronic payment transaction if the merchant informs the acquirer bank or its designee of the tax or gratuity amount as part of the authorization or settlement process for the electronic payment transaction; establishes penalties.

Previously Filed As

NY A06603

Enacts the "interchange fee prohibition act"; prohibits the receipt or charge of interchange fees on the tax amount or gratuity of an electronic payment transaction if the merchant informs the acquirer bank or its designee of the tax or gratuity amount as part of the authorization or settlement process for the electronic payment transaction; establishes penalties.

NY H5554

Prohibits the charging of interchange fees on taxes and gratuities.

NY S0842

Prohibits the charging of interchange fees on taxes and gratuities.

NY S2344

Prohibits the charging of interchange fees on taxes and gratuities.

NY S688

Prohibiting card interchange fees on tax or gratuity

NY A04017

Excludes the amount of state and local taxes and fees from the amount on which an interchange fee is charged for that electronic payment transaction by a credit or debit card network; prohibits a payment card network from altering or manipulating the computation and imposition of interchange fees.

NY S05587

Excludes the amount of state and local taxes and fees from the amount on which an interchange fee is charged for that electronic payment transaction by a credit or debit card network; prohibits a payment card network from altering or manipulating the computation and imposition of interchange fees.

NY SB3191

Sales tax; exclude processing or interchange fees charged for electronic payment transactions from "gross proceeds of sales."

NY HB29

Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data

NY SB917

Electronic Payment Transactions - Interchange Fees - Calculation and Use of Data

Similar Bills

No similar bills found.