CS/CS/HB 677 (2023) - Electronic Payment Transactions

General Bill by Commerce Committee and Insurance & Banking Subcommittee and Caruso

Electronic Payment Transactions: Prohibits certain entities from receiving & charging merchants interchange fees on tax & tip amounts of electronic payment transactions; requires merchants to transmit data for interchange fees credits; authorizes merchants to submit documentation & data within specified timeframe; requires issuers to credit merchants interchange fees; provides civil penalties; prohibits entities from distributing, exchanging, transferring, disseminating, & using electronic payment transaction data.

Effective Date: October 1, 2023

Last Event: Died on Second Reading Calendar on Friday, May 5, 2023 11:00 AM

Lobbyist Disclosure Information

Referred Committees and Committee Actions

House Referrals

Insurance & Banking Subcommittee
- On agenda for: 03/14/23 11:30 AM
  View Notice Meeting Packets Action Packets
- Favorable With Committee Substitute (final action) View Meeting Appearances See Votes
Commerce Committee
- On agenda for: 04/10/23 2:00 PM
  View Notice Meeting Packets Action Packets
- Favorable With Committee Substitute (final action) View Meeting Appearances See Votes

Related Bills

Bill #	Subject	Relationship
Bill #: CS/CS/CS/SB 564	Subject: Interchange Fees on Taxes	Relationship: Similar

Bill Text

Committee Substitute 2
PCS for CS/HB 677 (COM) Date Published: 04/06/23
- D PCS for CSHB 677 Strike1 , Tant (COM) Date Published: 04/07/23 , Line#: 0 House(c): Withdrawn Prior to Consideration 04/10/2023 12:30 PM
- D PCS for CSHB 677 Strike2 , Tant (COM) Date Published: 04/10/23 , Line#: 0 House(c): Failed to Adopt 04/11/2023 03:06 PM
Committee Substitute 1
Original Filed Version
- D 600057 , Caruso (IBS) Date Filed: 03/13/23, Line#: 47 House(c): Adopted Without Objection 03/14/2023 07:52 PM

Staff Analysis

Chamber	Committee
Chamber: House	Committee: Commerce Committee 4/12/2023 7:32:29 PM
Chamber: House	Committee: Commerce Committee 4/7/2023 8:08:27 PM
Chamber: House	Committee: Insurance & Banking Subcommittee 3/15/2023 3:22:54 PM
Chamber: House	Committee: Insurance & Banking Subcommittee 3/13/2023 10:02:07 AM

Vote History

(No Votes Recorded)

Bill History

Event	Time	Member	Committee	Ver.
Event: H Died on Second Reading Calendar	Time: 05/05/2023 - 11:00 AM	Member:	Committee:	Version: c2
Event: H Added to Second Reading Calendar	Time: 04/14/2023 - 3:12 PM	Member:	Committee:	Version: c2
Event: H Bill referred to House Calendar	Time: 04/14/2023 - 3:12 PM	Member:	Committee:	Version: c2
Event: H 1st Reading	Time: 04/13/2023 - 10:49 PM	Member:	Committee:	Version: c2
Event: H CS Filed	Time: 04/13/2023 - 9:05 AM	Member:	Committee:	Version: c2
Event: H Laid on Table under Rule 7.18(a)	Time: 04/13/2023 - 9:05 AM	Member:	Committee:	Version: c1
Event: H Reported out of Commerce Committee	Time: 04/12/2023 - 7:33 PM	Member:	Committee: Commerce Committee	Version: c1
Event: H Favorable with CS by Commerce Committee (Amended)	Time: 04/11/2023 - 1:07 PM	Member:	Committee: Commerce Committee	Version: c1
Event: H PCS added to Commerce Committee agenda	Time: 04/06/2023 - 4:19 PM	Member:	Committee: Commerce Committee	Version: c1
Event: H Now in Commerce Committee	Time: 03/16/2023 - 10:37 AM	Member:	Committee: Commerce Committee	Version: c1
Event: H Referred to Commerce Committee	Time: 03/16/2023 - 10:37 AM	Member:	Committee: Commerce Committee	Version: c1
Event: H 1st Reading	Time: 03/15/2023 - 5:15 PM	Member:	Committee:	Version: c1
Event: H CS Filed	Time: 03/15/2023 - 3:27 PM	Member:	Committee:	Version: c1
Event: H Laid on Table under Rule 7.18(a)	Time: 03/15/2023 - 3:27 PM	Member:	Committee:	Version: __
Event: H Reported out of Insurance & Banking Subcommittee	Time: 03/15/2023 - 3:24 PM	Member:	Committee: Insurance & Banking Subcommittee	Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee	Time: 03/14/2023 - 7:52 PM	Member:	Committee: Insurance & Banking Subcommittee	Version: __
Event: H Added to Insurance & Banking Subcommittee agenda	Time: 03/10/2023 - 4:00 PM	Member:	Committee: Insurance & Banking Subcommittee	Version: __
Event: H 1st Reading	Time: 03/07/2023 - 10:01 PM	Member:	Committee:	Version: __
Event: H Now in Insurance & Banking Subcommittee	Time: 02/14/2023 - 5:51 PM	Member:	Committee: Insurance & Banking Subcommittee	Version: __
Event: H Referred to Commerce Committee	Time: 02/14/2023 - 5:51 PM	Member:	Committee: Commerce Committee	Version: __
Event: H Referred to Insurance & Banking Subcommittee	Time: 02/14/2023 - 5:51 PM	Member:	Committee: Insurance & Banking Subcommittee	Version: __
Event: H Filed	Time: 02/08/2023 - 5:54 PM	Member: Caruso	Committee:	Version: __

Statutes Referenced by this Bill

Statute	Other Bill Citations
501.0119	CS/CS/CS/SB 564

(*) Not the latest version