Int 0374-2024
Prohibiting businesses from setting a minimum purchase requirement greater than $10 for credit card transactions.
Filed — closed without being enacted.
Official record · Legistar
Summary
This bill would prohibit businesses operating in New York City from setting a minimum dollar value greater than $10 for the acceptance of credit cards in selling, leasing, renting or loaning consumer goods or services to the public. Businesses would be required to post notice of such prohibition on or near any fixed point of sale terminal. The Department of Consumer Affairs would be authorized to recover civil penalties for violations. The Department would also create a web form that the public could use to report a violation.
How it compares
24% of similar bills passed
12 passed · 38 died
This bill: 672 days in committee
Similar bills: median 423 days · 404 days when passed
Compared against 50 Introduction bills in Committee on Consumer and Worker Protection.
Ranked by how closely each matches this bill's topic — closest first:
+ 44 more comparable bills
Sponsors (5)
Lifecycle
Heard at (2)
Attachments (10)
- Summary of Int. No. 374
- Int. No. 374
- February 28, 2024 - Stated Meeting Agenda
- Hearing Transcript - Stated Meeting 2-28-24
- Minutes of the Stated Meeting - February 28, 2024
- Fiscal Impact Statement - City Council
- Fiscal Impact Statement - OMB
- Committee Report 2/11/25
- Hearing Testimony 2/11/25
- Hearing Transcript 2/11/25