Committee Moves Card-Fee Bill

The House Judiciary Committee last week approved the Credit Card Fair Fee Act of 2008, a bill that would require merchants and credit card companies to negotiate transaction fees. The move sets the stage for a potential vote by the full House of Representatives. This has been the No. 1 legislative priority for our board of directors for more than two years now, so we are quite pleased with

WASHINGTON — The House Judiciary Committee last week approved the Credit Card Fair Fee Act of 2008, a bill that would require merchants and credit card companies to negotiate transaction fees. The move sets the stage for a potential vote by the full House of Representatives.

Register to view the full article