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Synopsis As Introduced Amends the Electronic Fund Transfer Act. Provides that a person who sells or issues general use reloadable cards shall disclose, prior to sale or issuance of the card, any fees imposed by the issuer. Provides certain requirements for the disclosures. Makes other changes. Effective January 1, 2014.
House Committee Amendment No. 1 Replaces everything after the enacting clause. Amends the Electronic Fund Transfer Act. Provides that a person who sells or issues general use reloadable cards shall disclose, prior to sale or issuance of the card, any fees imposed by the issuer. Provides certain requirements for the disclosures. Makes other changes. Effective January 1, 2014.
Replaces everything after the enacting clause. Amends the Electronic Fund Transfer Act. Removes the requirement for a person operating a terminal to disclose surcharges for usage of the terminal by a sign on the terminal. Effective immediately.
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