New York Senate Bill 5587: 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.

New York · 2025-2026 session

Status: Introduced

What it does

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.

Latest action

COMMITTED TO RULES (2026-06-05)

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