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House OKs bill letting Commerce keep electronic transaction fees in a restricted account
Summary
The House passed a substitute for HB 12 allowing the Department of Commerce to pay electronic payment processor fees from a restricted account tied to collected fees, avoiding repeated budget adjustments; supporters said it does not increase fees. The House approved the bill 63–7.
Representative Tusher moved to uncircle and present a substitute for House Bill 12, which changes how the Department of Commerce pays electronic payment processor fees. Under the substitute, those fees would be collected and held in a restricted account to pay transaction costs rather than be included in a fixed static appropriation.
"The fee cost will stay exactly the same regardless of whether this bill passes or…
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