House Resolution No. by Representative Wyble urges the Louisiana Department of Revenue to conduct a study comparing the benefits dealers receive from vendor's compensation for state and local sales and use taxes, as well as excise taxes, against the costs incurred from interchange fees associated with payment card transactions. This resolution highlights the increasing reliance on payment cards by consumers, which leads to dealers incurring interchange fees calculated on the total sale amount, including taxes. The study aims to provide a comprehensive analysis of these financial dynamics, including historical context, estimates of taxes collected, interchange fees, and vendor's compensation.

The findings from this study are to be reported to the House Committee on Ways and Means by January 31, 2027. The report should include a brief history of vendor's compensation, estimates of state and local taxes collected through card transactions, and a comparison of vendor's compensation against the interchange fees incurred by dealers. This resolution seeks to ensure that the financial implications of vendor's compensation and interchange fees are thoroughly understood and addressed.