Mississippi Legislature
2002 Regular Session

Senate Bill 2981

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Bill Text

History of Actions

Background

Title

Description: Credit card issuers; prohibit charging merchants amount in excess of contractual discount rate.

Bill Text: [Introduced]

History of Actions:

1 01/21 (S) Referred To Business and Financial Institutions
2 02/05 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2002
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Tollison

Title: AN ACT TO PROHIBIT CREDIT CARD ISSUERS FROM CHARGING MERCHANTS ANY AMOUNT IN EXCESS OF THE CONTRACTUAL DISCOUNT RATE AS AGREED BETWEEN THE CREDIT CARD ISSUER AND THE MERCHANT WITH REGARD TO FEES PER SALES TRANSACTIONS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/05/02 at 18:17.

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