The proposed bill, General Assembly Proposed Bill No. 6460, aims to amend current statutes regarding interchange fees on electronic payment transactions. Specifically, the bill seeks to prohibit payment card networks from including sales and use taxes in the amount on which interchange fees are imposed. This change is intended to ensure that interchange fees are calculated solely on the sale price of goods and services, excluding any taxes that may be applicable. The bill does not contain any deletions from current law, focusing solely on the new insertion to clarify the calculation of interchange fees. The intent behind this legislation is to provide transparency and fairness in the fees charged by payment card networks, potentially benefiting consumers and businesses by reducing the overall cost associated with electronic payment transactions.