House Resolution No. [insert number] 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 and excise taxes against the costs incurred from interchange fees on the tax portion of sales. This resolution highlights the role of dealers in collecting and remitting taxes, noting that they are allowed to retain a small percentage of these taxes as vendor's compensation. However, with the increasing use of payment cards, dealers face interchange fees that are calculated on the total sale amount, including taxes, which raises concerns about the financial impact on dealers.

The resolution mandates that the Department of Revenue report its findings to the House Committee on Ways and Means by January 31, 2027. The report should include a history of vendor's compensation, estimates of taxes collected through payment cards, the interchange fees related to these taxes, and a comparison of vendor's compensation against these costs. This comprehensive analysis aims to assess whether the current vendor's compensation adequately offsets the financial burden of interchange fees on dealers.