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| 2 | 2 | | HOUSE DOCKET, NO. 1318 FILED ON: 1/18/2023 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 1101 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | James M. Murphy |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act regarding credit card surcharging. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:James M. Murphy4th Norfolk1/18/2023 1 of 2 |
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| 16 | 16 | | HOUSE DOCKET, NO. 1318 FILED ON: 1/18/2023 |
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| 17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 1101 |
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| 18 | 18 | | By Representative Murphy of Weymouth, a petition (accompanied by bill, House, No. 1101) of |
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| 19 | 19 | | James M. Murphy for legislation to establish a special commission (including members of the |
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| 20 | 20 | | General Court) on payment trends, the prevalence of cashless transactions and cashless |
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| 21 | 21 | | businesses, credit card fees, mobile payments, buy-now-pay-later financing, and other aspects of |
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| 22 | 22 | | the payments industry. Financial Services. |
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| 23 | 23 | | The Commonwealth of Massachusetts |
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| 24 | 24 | | _______________ |
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| 25 | 25 | | In the One Hundred and Ninety-Third General Court |
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| 26 | 26 | | (2023-2024) |
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| 27 | 27 | | _______________ |
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| 28 | 28 | | An Act regarding credit card surcharging. |
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| 29 | 29 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 30 | 30 | | of the same, as follows: |
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| 31 | 31 | | 1 SECTION 1. Section 28A of Chapter 140D of the general laws, as so appearing, is |
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| 32 | 32 | | 2hereby amended by striking subsection (a)(2). |
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| 33 | 33 | | 3 SECTION 2. There shall be a special commission to study the future of payments. The |
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| 34 | 34 | | 4commission shall consist of the following members, the chairs of the joint committee on |
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| 35 | 35 | | 5financial services, who shall serve as co-chairs; 1 member appointed by the attorney general; 1 |
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| 36 | 36 | | 6member appointed by the minority leader of the house of representatives; 1 member appointed |
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| 37 | 37 | | 7by the minority leader of the senate; the secretary of housing and economic development or a |
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| 38 | 38 | | 8designee; the director of the division of banks; 1 member appointed by the Massachusetts |
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| 39 | 39 | | 9Bankers Association; 1 member appointed by the Retailers Association of Massachusetts; 1 |
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| 40 | 40 | | 10member appointed by Massachusetts PIRG; 1 member appointed by the Massachusetts chapter 2 of 2 |
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| 41 | 41 | | 11of the national federation of independent businesses; and 1 member appointed by the |
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| 42 | 42 | | 12Massachusetts restaurant association. |
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| 43 | 43 | | 13 The commission shall hold at least three public hearings and shall solicit input from the |
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| 44 | 44 | | 14public, businesses and the payments industry on payment trends, the prevalence of cashless |
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| 45 | 45 | | 15transactions and cashless businesses in the commonwealth, credit card fees, mobile payments, |
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| 46 | 46 | | 16buy-now-pay-later financing, and other aspects of the payments industry. The commission shall |
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| 47 | 47 | | 17submit a report to the legislature on its findings and any legislative recommendations to update |
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| 48 | 48 | | 18the laws of the commonwealth by March 1, 2024. |
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