Text: SF00429 Text: SF00431 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 234.12A, subsection 1, paragraphs b and 1 2 c, Code 2001, are amended to read as follows: 1 3 b. A retailer providing electronic funds transfer system 1 4 equipment for transactions pursuant to the program shall be 1 5 reimbursedfifteenseven cents for each approved transaction 1 6 pursuant to the program utilizing the retailer's equipment. 1 7 c. A retailer that provides electronic funds transfer 1 8 system equipment for transactions pursuant to the program and 1 9 who makes cash disbursements pursuant to the program utilizing 1 10 the retailer's equipment shall be paid a fee offifteenseven 1 11 cents by the department for each cash disbursement transaction 1 12 by the retailer. 1 13 EXPLANATION 1 14 This bill reduces the reimbursement fee to retailers who 1 15 participate in the electronic benefits transfer program 1 16 relating to programs offered through the department of human 1 17 services from 15 cents per each approved transaction or each 1 18 cash disbursement transaction to seven cents per transaction. 1 19 LSB 1082SV 79 1 20 pf/pj/5
Text: SF00429 Text: SF00431 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Wed May 9 09:40:00 CDT 2001
URL: /DOCS/GA/79GA/Legislation/SF/00400/SF00430/010313.html
jhf