2025-2026 Regular SessionGeorgia Legislature

HB431: Consumer Inflation Reduction and Tax Fairness Act; enact

Legislative Summary

A BILL to be entitled an Act to amend Part 2 of Article 15 of Chapter 1 of Title 10 of the Official Code of Georgia Annotated, the "Fair Business Practices Act of 1975," so as to provide for a limitation on interchange fees charged by payment card networks for credit or debit card transactions at retailers; to provide requirements for payment card networks in relation to such interchange fees; to provide for a civil penalty; to provide for definitions; to provide for a short title; to provide for related matters; to repeal conflicting laws; and for other purposes.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/12/2025
House Hopper
House of Representatives
2/13/2025
House First Readers
House of Representatives
2/18/2025
House Second Readers
House of Representatives

Status Information

Current Status
Introduced(2/12/2025)
Chamber
House of Representatives
Committee
Banks and Banking(House of Representatives)

Documents

Introduced
Bill Text2/13/202577.0 KB