View Amendment Current Amendment: 109 to Bill 4701 Reps. STAVRINAKIS, MERRILL, and LONG propose the following Amendment No. 109 to H.4701 as introduced by Ways & Means

EXPLANATION: Allows local subdivisions to charge a processing fee for payment of taxes by card only to cover the political subdivision's costs. Also requires them to clearly list the all fees and report fee amounts to the General Assembly.

Amend the bill, as and if amended, Part IB, Section 110, STATE TREASURER - AID TO SUBDIVISIONS, page 500, after line 17, by adding an appropriately numbered paragraph to read: /(AS-TREAS: Tax Processing Fee) A political subdivision shall be prohibited from charging a taxpayer a processing fee for the payment of taxes by credit or debit card in excess of the processing fee costs incurred by the political subdivision for the transaction. Furthermore, all political subdivisions that accept credit or debit cards for the payment of taxes must provide, on all tax bills offering the option of credit or debit card payment and on their respective websites, if applicable, an itemized list of all accepted credit and debit cards and the corresponding merchant fee charged to the political subdivision for each card along with all apllicable processing fees related to online payment or other form of payment. All counties shall submit a report to the chairman of the Senate Finance Committee and the chairman of the House Ways and Means Committee by October 1, 2014 detailing if they accept credit or debit cards for the payment of taxes, and if so, an accounting of the total fees and costs collected pursuant to this service in the prior fiscal year, an itemized breakdown of all fees associated with this service including, but not limited to, the length of any applicable contract term with a payment processor. If a political subdivision violates this proviso, it shall have its Aid to Subdivisions Allocation reduced by $1,000 per violation as determined by the State Treasurer's Office.
     Furthermore political subdivisions shall make available monthly installment payments of their prospective yearly tax bill to all taxpayers./

Renumber sections to conform.
Amend totals and titles to conform.