SB5070 — Concerning prohibiting fees on certain acts of commerce to protect tipped wages for workers while reducing the financial burden on employers.

SB5070 — Concerning prohibiting fees on certain acts of commerce to protect tipped wages for workers while reducing the financial burden on employers. · Informed CitizenrySB 5070 prohibits payment card networks, issuers, acquirer banks, and processors from charging interchange fees on the portion of a transaction that represents taxes or gratuities (tips). The bill…Open in Informed Citizenry