CFC Supports SB 933 – Debit Card Surcharges

Status: SB 933 was read for the second time on May 3 in the Senate Floor and is now on its Third Reading.

Summary:  SB 933 would prohibit retailers from imposing a surcharge on consumers who use their debit cards to make a purchase.  Debit cards are consumer’s primary transaction type choice since 2006, and in 2008, 34 billion debit card transactions were made totaling $1.3 trillion.  Under existing law, retailers are already prohibited from imposing a surcharge on consumers who pay for goods or services with a credit card.  This new law would add the more popular option, a debit card, to the list.

Senate Judiciary – Yes:3, No: 1, Absent: 1

Click here to use CFC’s Support Letter as a template for your own.