l9n/ Mississippi

2021 Regular Session

Senate Bill 2856

Retailer Tax Fairness Act; create.

Did not become law. It stopped in the Senate's Finance Committee on February 2, 2021. The 2021 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE RETAILER TAX FAIRNESS ACT; TO DEFINE TERMS; TO EXCLUDE THE AMOUNT OF CERTAIN STATE AND LOCAL TAXES AND FEES FROM THE AMOUNT ON WHICH AN INTERCHANGE FEE IS CHARGED FOR AN ELECTRONIC PAYMENT TRANSACTION; TO REQUIRE A PAYMENT CARD NETWORK EITHER TO DEDUCT THE AMOUNT OF ANY TAX IMPOSED FROM THE CALCULATION OF INTERCHANGE FEES SPECIFIC TO EACH FORM OR TYPE OF ELECTRONIC PAYMENT TRANSACTION AT THE TIME OF SETTLEMENT, OR TO REBATE PROMPTLY AN AMOUNT OF INTERCHANGE FEE PROPORTIONATE TO THE AMOUNT ATTRIBUTABLE TO THE TAX OR FEE; TO PROVIDE THAT A PAYMENT CARD NETWORK THAT VIOLATES THIS ACT SHALL BE SUBJECT TO A CIVIL PENALTY OF NOT MORE THAN $1,000.00 PER VIOLATION, PAYABLE TO THE PLAINTIFF, AND SHALL REFUND THE SURCHARGE TO EACH MERCHANT OR SELLER; TO PROHIBIT THE ALTERATION OR MANIPULATION OF THE COMPUTATION AND IMPOSITION OF INTERCHANGE FEES BY INCREASING THE RATE OR AMOUNT OF THE FEE APPLICABLE TO OR IMPOSED UPON THAT PORTION OF AN ELECTRONIC PAYMENT TRANSACTION NOT ATTRIBUTABLE TO A STATE OR LOCAL TAX OR FEE TO CIRCUMVENT THE EFFECT OF THIS ACT; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

Its course

January 18 to February 2, 2021, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the SenateJan 18 to Feb 2 · stopped15 days

FinanceJan 18 to Feb 2 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the Senate Jan 18 – Feb 2

  1. Referred to the Senate committee on Finance
  2. Died in committee in the Senate
All 2 actions, as published