Louisiana HB659 limits convenience fees on credit and debit card transactions to 2% or $20, whichever is less.
Louisiana HB659 establishes a cap on convenience fees for credit and debit card transactions at 2% of the transaction amount or $20, whichever is less. Sellers and lessors must disclose any fees at the point of entry, point of sale, and on receipts. Online transactions require fee disclosure before checkout. The state and its political subdivisions are exempt from these provisions.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.