Bill Text: HI SB470 | 2013 | Regular Session | Amended

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Bill Title: Credit Card Transactions; Surcharge

Spectrum: Partisan Bill (Democrat 20-0)

Status: (Engrossed - Dead) 2013-04-15 - Received notice of Senate conferees (Sen. Com. No. 692). [SB470 Detail]

Download: Hawaii-2013-SB470-Amended.html

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STAND. COM. REP. NO.  1120

 

Honolulu, Hawaii

                , 2013

 

RE:   S.B. No. 470

      S.D. 1

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Sir:

 

     Your Committee on Economic Development & Business, to which was referred S.B. No. 470, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO CREDIT CARDS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to prohibit retailers from passing certain credit card surcharges on to consumers.

 

     The Hawaii Credit Union League, Hawaii Bankers Association, and an individual testified in support of this measure.  The Retail Merchants of Hawaii and Hawaii Food Industry Association provided comments on this measure.

 

     Your Committee has amended this measure by changing its effective date to January 20, 2050, to encourage further discussion, and making technical, nonsubstantive amendments for the purpose of clarity and consistency.

 

     As affirmed by the record of votes of the members of your Committee on Economic Development & Business that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 470, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 470, S.D. 1, H.D. 1, and be referred to the Committee on Consumer Protection & Commerce.

 

Respectfully submitted on behalf of the members of the Committee on Economic Development & Business,

 

 

		____________________________ CLIFT TSUJI, Chair