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130th MAINE LEGISLATURE |
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LD 800 |
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LR 473(01) |
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An Act To Amend
Credit and Debit Card Surcharges Imposed by Governmental Entities |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Chipman of Cumberland |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Potential current biennium savings - All funds |
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Fiscal Detail
and Notes |
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This bill allows a
state department or agency to impose a surcharge for payments made by credit
card or debit card. Any state department or agency that accepts debit or
credit card payments will now be able to recoup associated fees and charges
instead of absorbing them, resulting in savings to the department or agency.
In fiscal year 2019-20, credit card charges across all funds and all of state
government totaled $1.1 million. |
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