Larry Liston
- Republican
- Senator
- District 10
Under current law, a seller, lessor, or company issuing a credit or charge card is prohibited from imposing a surcharge against a person who elects to pay for a sales or lease transaction by using a credit or charge card. The act:Repeals the prohibition; and Limits the maximum surcharge amount per transaction to 2% of the total cost to the buyer or lessee for the sales or lease transaction or the merchant discount fee, which is defined as the actual fee that a seller or lessor (merchant) pays its processor or service provider to process the transaction. A merchant is required to display notice regarding the surcharge on the merchant's premises or, for online purchases, before an online customer's completion of the sales or lease transaction.The act clarifies that a merchant is prohibited from applying the surcharge to cash or check payments, debit card payments, or payments made by redemption of a gift card.If a merchant imposes a surcharge in violation of the act, the merchant is subject to liability as a creditor under the "Uniform Consumer Credit Code".(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Considered House Amendments - Result was to Concur - Repass
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Business Affairs & Labor Refer Amended to Appropriations
Introduced In House - Assigned to Business Affairs & Labor
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Floor
Senate Second Reading Laid Over Daily - No Amendments
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Business, Labor, & Technology Refer Unamended to Appropriations
Introduced In Senate - Assigned to Business, Labor, & Technology
Bill Text Versions | Format |
---|---|
Signed Act (07/07/2021) | |
Final Act (06/22/2021) | |
Rerevised (06/08/2021) | |
Revised (06/07/2021) | |
Reengrossed (05/13/2021) | |
Engrossed (05/12/2021) | |
Introduced (02/16/2021) | |
PA2 (06/07/2021) | |
PA1 (05/26/2021) | |
Committee Amendment |
Document | Format |
---|---|
Fiscal Note SA1 (05/06/2021) | |
Fiscal Note SA2 (06/07/2021) | |
Fiscal Note FN1 (02/19/2021) | |
Fiscal Note FN2 (05/22/2021) | |
Fiscal Note FN3 (08/23/2021) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
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