SB1940 — Credit card transactions; excluding amounts from interchange fee charges; requiring rebates from payment card networks. Effective date.

SB1940 — Credit card transactions; excluding amounts from interchange fee charges; requiring rebates from payment card networks. Effective date. · Informed CitizenryThis act defines several terms related to credit card transactions, including "assessment fee," "electronic payment transaction," "gratuity," "interchange fee," and "swipe fee." It mandates that th…Open in Informed Citizenry