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S 5587

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: April 24, 2026.

Relates to excluding taxes from the amount on which credit card transaction fees are based.

Bill ID NY-2025-2026-S-5587
Session 2025-2026
Status in_committee
Committee Consumer Protection
Senate in_committee 2026-04-24
Summary

Excludes the amount of state and local taxes and fees from the amount on which an interchange fee is charged for that electronic payment transaction by a credit or debit card network; prohibits a payment card network from altering or manipulating the computation and imposition of interchange fees.

Sponsor
James Skoufis
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-25 Introduced Bill introduced
2026-04-24 Status in_committee
2026-04-24 Latest Action In Senate Committee
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