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A06541 Summary:
BILL NO | A06541 |
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SAME AS | SAME AS S06125 |
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SPONSOR | Mamdani |
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COSPNSR | Gallagher, Epstein, Forrest, Valdez, McDonough, Schiavoni |
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MLTSPNSR | |
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Amd §§511 & 518, Gen Bus L | |
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Prohibits payment card networks from assessing penalties against small businesses or financial intermediaries who fail to comply with the credit card surcharge notice requirement; declares any clause of a contract, agreement, or arrangement in violation of such provision void. |