Prohibits credit and debit card interchange fees in certain circumstances.

Summary

The legislation prevents payment‑card networks from charging merchants a fee calculated as a percentage of the total sale amount unless the fee is computed after removing any tax or gratuity. It also limits fees on charitable donations and creates civil penalties for violations. The aim is to reduce transaction costs for merchants and, ultimately, consumers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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