House Bill No. by Representative Robby Carter aims to regulate the convenience fees associated with credit and debit card transactions in Louisiana. The bill enacts R.S. 9:3518.5, which prohibits sellers or lessors from imposing a fee or surcharge on buyers or lessees that exceeds 2% of the total transaction amount or $20, whichever is less. Additionally, it mandates that any seller or lessor who imposes such a fee must provide clear and conspicuous disclosure of the fee at the point of entry, point of sale, and on receipts. For online transactions, the fee must be displayed before the checkout process.

Furthermore, the bill specifies that these provisions do not apply to the state or its political subdivisions, effectively exempting them from the maximum fee or surcharge regulations. This legislation seeks to protect consumers from excessive fees while ensuring transparency in credit and debit card transactions.