H. B. 2160


(By Delegate Louisos)

[Introduced February 10, 2005; referred to the

Committee on the Judiciary then Finance.]


FN


A BILL to amend the code of West Virginia, 1931, as amended, by adding thereto a new article, designated §47-7-1, relating to providing vendors may apply a surcharge of up to six percent of the amount of any retail sales transaction in which a credit card is used.

Be it enacted by the Legislature of West Virginia:
That the code of West Virginia, 1931, as amended, be amended by adding thereto a new article, designated §47-7-1, to read as follows:
ARTICLE 7. CREDIT CARD SURCHARGE.

§47-7-1. Six percent surcharge authorized in credit card transactions.

Six percent of the amount charged in any credit card transaction may be charged and collected as a surcharge by any duly licensed retail vendor doing business in this State.
NOTE: The purpose of this bill is to provide vendors may apply a surcharge of up to six percent of the amount of any retail sales transaction in which a credit card is used.

This article is new; therefore, strike-throughs and underscoring have been omitted.