Order relative to authorizing the joint committee on Financial Services to make an investigation and study of a certain current Senate document relative to interchange fees on tax or gratuity.
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Progress
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- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This order authorizes the Joint Committee on Financial Services in Massachusetts to conduct an investigation and study of a current Senate document concerning interchange fees on tax or gratuity. Specifically, it relates to petitions and a bill (Senate, No. 688) introduced by Cynthia Stone Creem seeking to prohibit these fees. The committee will examine the issues raised in the Senate document and report its findings.
Key provisions
- Authorizes the Joint Committee on Financial Services to investigate interchange fees.
- Focuses the investigation on a current Senate document.
- Relates to petitions and bill (Senate, No. 688) regarding prohibition of interchange fees.
- The committee will report its findings concurrently with the two branches of the General Court.
Who is affected
- Consumers
- Financial institutions
- Credit card companies
- Massachusetts General Court (specifically the Joint Committee on Financial Services)
Bill text
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Sponsors
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1 on record
Primary sponsor
Joint Committee on Financial Services
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