Mo. Senate Panel Weighs Credit Card Surcharge Bill
JEFFERSON CITY - Retailers would be barred from charging consumers an extra fee for paying with a credit card under a bill being considered by a Missouri Senate committee.
Sponsoring Republican Sen. Eric Schmitt, of Glendale, said his bill is an important consumer protection as credit card usage grows. Retailers could be charged with a Class D felony for continuing to assess a surcharge.
Opponents say businesses need to charge extra because it's expensive to allow credit cards as a form of payment. Schmitt says retailers could build that cost into an item's price rather than charge the extra fee.
The committee did not vote on the proposal Monday.