SB 542 IN
Electronic payments to governmental bodies.
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Summary
Amends the definition of "electronic payment" for purposes of the statute governing electronic payments to a governmental body (defined as the state or a state agency) to include a payment made by means of any of the following: (1) Interactive voice response. (2) A digital wallet. (3) A digital currency. Provides that after June 30, 2025, a governmental body may not enter into or renew a contract: (1) that is made with a provider or vendor of payment processing services; and (2) the terms of which provide that any: (A) vendor transaction charge; (B) discount fee; or (C) other service charge or fee; assessed in connection with the contract is payable by the person who makes an electronic payment.
Sponsor (1)
- Mark Spencer Democratic · author
Action history (2)
- Jan 16, 2025 First reading: referred to Committee on Appropriations · upper
- Jan 16, 2025 Authored by Senator Spencer · upper
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