Text: HSB00217 Text: HSB00219 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 527.5, subsection 13, Code 1995, is
1 2 amended by striking the subsection.
1 3 EXPLANATION
1 4 This bill strikes section 527.5, subsection 13, which
1 5 provides that a transaction engaged in with a retailer through
1 6 a satellite terminal located in this state by means of an
1 7 access device which results in a debit to a customer asset
1 8 account be cleared and paid at par to the retailer. The
1 9 subsection provides that fees and charges for such
1 10 transactions to the retailer are not to be based on a
1 11 percentage of the amount of the transaction. The subsection
1 12 also provides that all accounting documents reflecting fees
1 13 and charges are to separately identify transactions which
1 14 result in a debit to a customer asset account and the charges
1 15 imposed.
1 16 LSB 2000YC 76
1 17 mj/cf/24
Text: HSB00217 Text: HSB00219 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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