HR 389·LA·house
TAX/SALES & USE: Urges and requests the Department of Revenue to study the benefit that a dealer receives from vendor's compensation as compared to the costs a dealer incurs for paying certain interchange fees
Passed Both ChambersFiled May 29, 2026
Sponsor: John Wyble (R)
Latest Action
Taken by the Clerk of the House and presented to the Secretary of State in accordance with the Rules of the House.
Jun 3, 2026
Summary
The House resolution urges the Department of Revenue to analyze how much money dealers keep from vendor's compensation for sales, use and excise taxes compared with the interchange fees they pay when customers use payment cards. The study must be completed and reported to the Ways and Means Committee by Jan. 31, 2027. It affects any retailer that collects state or local taxes and processes card payments.
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