Mississippi Advocacy Priorities

2021 Regular Session- MS H 1076
Creates the Retailer Tax Fairness Act; defines certain terms relating to electronic payment transactions; provides that the amount of any state and local taxes that are calculated as a percentage of an electronic payment transaction amount and listed separately on the payment invoice or other demand for payment must be excluded from the amount on which an interchange fee is charged for that electronic payment transaction; provides certain requirements for payment card networks.

Please email advocacy@mscua.com if your credit union would like additional information.