Bill Summary for H 13 (2025-2026)
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| View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO REGULATE THE AMOUNT A MERCHANT MAY CHARGE CUSTOMERS FOR PAYMENTS BY CREDIT CARD OR CHARGE CARD AND TO INCREASE THE FEE PAID TO THE SECRETARY OF STATE FOR FILING ARTICLES OF INCORPORATION UNDER THE NORTH CAROLINA NONPROFIT CORPORATION ACT.Intro. by Warren, Ross, Setzer, Tyson.
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Bill summary
House committee substitute to the 2nd edition makes the following changes.
Limits the scope of new GS 66-67.10 (governing charges for payments made by certain types of cards) to no longer extend to debit cards. Prohibits a merchant from charging more than 3% of the greater (was, lesser) of the total transaction or the charge (was, actual charge) that the merchant pays to a payment card entity to facilitate or process the payments. Adds a new provision exempting a merchant from the civil penalty for a first violation of the statute if the merchant establishes with the Secretary of Commerce that the merchant complied with the section within 30 days of the citation, remains in compliance, and has compensated affected consumers. Makes conforming changes.
Effective on the date the act becomes law, amends GS 55A-1-22 to increase the fee for filing articles of incorporation with the Secretary of State from $60 to $65.
Makes conforming changes to the effective date provisions and the act's titles.