Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H1101 Compare Versions

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22 HOUSE DOCKET, NO. 1318 FILED ON: 1/18/2023
33 HOUSE . . . . . . . . . . . . . . . No. 1101
44 The Commonwealth of Massachusetts
55 _________________
66 PRESENTED BY:
77 James M. Murphy
88 _________________
99 To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
1010 Court assembled:
1111 The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
1212 An Act regarding credit card surcharging.
1313 _______________
1414 PETITION OF:
1515 NAME:DISTRICT/ADDRESS :DATE ADDED:James M. Murphy4th Norfolk1/18/2023 1 of 2
1616 HOUSE DOCKET, NO. 1318 FILED ON: 1/18/2023
1717 HOUSE . . . . . . . . . . . . . . . No. 1101
1818 By Representative Murphy of Weymouth, a petition (accompanied by bill, House, No. 1101) of
1919 James M. Murphy for legislation to establish a special commission (including members of the
2020 General Court) on payment trends, the prevalence of cashless transactions and cashless
2121 businesses, credit card fees, mobile payments, buy-now-pay-later financing, and other aspects of
2222 the payments industry. Financial Services.
2323 The Commonwealth of Massachusetts
2424 _______________
2525 In the One Hundred and Ninety-Third General Court
2626 (2023-2024)
2727 _______________
2828 An Act regarding credit card surcharging.
2929 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
3030 of the same, as follows:
3131 1 SECTION 1. Section 28A of Chapter 140D of the general laws, as so appearing, is
3232 2hereby amended by striking subsection (a)(2).
3333 3 SECTION 2. There shall be a special commission to study the future of payments. The
3434 4commission shall consist of the following members, the chairs of the joint committee on
3535 5financial services, who shall serve as co-chairs; 1 member appointed by the attorney general; 1
3636 6member appointed by the minority leader of the house of representatives; 1 member appointed
3737 7by the minority leader of the senate; the secretary of housing and economic development or a
3838 8designee; the director of the division of banks; 1 member appointed by the Massachusetts
3939 9Bankers Association; 1 member appointed by the Retailers Association of Massachusetts; 1
4040 10member appointed by Massachusetts PIRG; 1 member appointed by the Massachusetts chapter 2 of 2
4141 11of the national federation of independent businesses; and 1 member appointed by the
4242 12Massachusetts restaurant association.
4343 13 The commission shall hold at least three public hearings and shall solicit input from the
4444 14public, businesses and the payments industry on payment trends, the prevalence of cashless
4545 15transactions and cashless businesses in the commonwealth, credit card fees, mobile payments,
4646 16buy-now-pay-later financing, and other aspects of the payments industry. The commission shall
4747 17submit a report to the legislature on its findings and any legislative recommendations to update
4848 18the laws of the commonwealth by March 1, 2024.