SB1931 prohibits credit card and charge card surcharges unless cash is also accepted for transactions under $1,000.
SB1931 amends the Consumer Fraud and Deceptive Business Practices Act by making it unlawful for businesses to impose surcharges on credit card or charge card transactions unless they also accept cash for transactions under $1,000. The bill defines "charge card" and "credit card" and allows businesses to offer discounts for cash, check, debit card, or similar means of payment. This measure aims to protect consumers from additional fees when using credit or charge cards for smaller transactions.
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- Legal Framework
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