Mississippi Senate Bill 2856 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 2 2021 - 100% progression
Action: 2021-02-02 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create The Retailer Tax Fairness Act; To Define Terms; To Exclude The Amount Of Certain State And Local Taxes And Fees From The Amount On Which An Interchange Fee Is Charged For An Electronic Payment Transaction; To Require A Payment Card Network Either To Deduct The Amount Of Any Tax Imposed From The Calculation Of Interchange Fees Specific To Each Form Or Type Of Electronic Payment Transaction At The Time Of Settlement, Or To Rebate Promptly An Amount Of Interchange Fee Proportionate To The Amount Attributable To The Tax Or Fee; To Provide That A Payment Card Network That Violates This Act Shall Be Subject To A Civil Penalty Of Not More Than $1,000.00 Per Violation, Payable To The Plaintiff, And Shall Refund The Surcharge To Each Merchant Or Seller; To Prohibit The Alteration Or Manipulation Of The Computation And Imposition Of Interchange Fees By Increasing The Rate Or Amount Of The Fee Applicable To Or Imposed Upon That Portion Of An Electronic Payment Transaction Not Attributable To A State Or Local Tax Or Fee To Circumvent The Effect Of This Act; And For Related Purposes.

Retailer Tax Fairness Act; create.

Sen. Chris Johnson [R]

Date	Chamber	Action
2021-02-02	Senate	Died In Committee
2021-01-18	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2021/pdf/history/SB/SB2856.xml
Text	https://billstatus.ls.state.ms.us/documents/2021/html/SB/2800-2899/SB2856IN.htm