DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 417 Original 2025 Regular Session Hilferty
Abstract: Provides relative to credit card swipe fees.
Proposed law defines "assessment fee", "electronic payment transaction", "gratuity", "interchange
fee", "payment card", "payment card issuer", "payment card network", "state or local tax", and "swipe
fee".
Proposed law requires that the amount of state or local tax that is calculated as a percentage of the
amount of an electronic payment transaction made in this state and gratuity that is listed separately
on a payment invoice or other demand for payment to be excluded from the total amount on which
a swipe fee is charged for that transaction.
Proposed law provides that a payment card network shall either deduct the amount of state or local
tax imposed and gratuity from the calculation of swipe fees attributable to the transaction at the time
of settlement or rebate the merchant an amount equal to the amount of swipe fees attributable to the
state or local tax imposed and gratuity on the transaction.
Proposed law provides relative to a deduction or rebate under proposed law.
Proposed law provides for if a merchant is unable to capture and transmit tax or fee and gratuity
amounts relevant to the sale at the time of sale.
Proposed law provides for liability and the authority of the attorney general.
Proposed law provides for what actions are unlawful.
Proposed law provides for civil penalties for the violations of proposed law.
Proposed law provides for severability.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Adds R.S. 10:6-101-6-103)