Vermont bill H0317 prohibits credit card fees on taxes and gratuities.

Vermont bill H0317 adds a new subchapter to prohibit credit card fees on taxes and gratuities. It mandates that no issuer, payment card network, acquirer bank, or processor can charge or collect an interchange fee on the amount of a transaction that is tax or gratuity. If a merchant submits an inaccurate amount for a transaction's tax or gratuity, they must provide the corrected amount within 30 days.

Vermont bill H0317 prohibits credit card fees on taxes and gratuities.

Vermont bill H0317 adds a new subchapter to prohibit credit card fees on taxes and gratuities. It mandates that no issuer, payment card network, acquirer bank, or processor can charge or collect an interchange fee on the amount of a transaction that is tax or gratuity. If a merchant submits an inaccurate amount for a transaction's tax or gratuity, they must provide the corrected amount within 30 days.