Bill Summary for H 685 (2021-2022)

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Bill: ELECTRONIC TRANSACTION FEES/OFFICIAL FEES.

Summary date: 

Sep 20 2021
S.L. 2021-159

Bill Information:

View NCGA Bill Details2021
House Bill 685 (Public) Filed Monday, April 26, 2021
AN ACT TO AMEND THE CONSUMER FINANCE ACT TO ALLOW THE RECOVERY OF ELECTRONIC TRANSACTION FEES IMPOSED BY THIRD PARTIES AND TO AMEND THE RETAIL INSTALLMENT SALES ACT TO CLARIFY THE DEFINITION OF OFFICIAL FEES.
Intro. by Strickland, K. Hall, Szoka, D. Hall.

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Bill summary

AN ACT TO AMEND THE CONSUMER FINANCE ACT TO ALLOW THE RECOVERY OF ELECTRONIC TRANSACTION FEES IMPOSED BY THIRD PARTIES AND TO AMEND THE RETAIL INSTALLMENT SALES ACT TO CLARIFY THE DEFINITION OF OFFICIAL FEES. SL 2021-159. Enacted Enacted Sept. 20, 2021. Effective Sept. 20, 2021, except as otherwise provided.