The bill proposes to revise existing laws regarding credit card transaction fees by allowing landlords, property managers, merchants, vendors, creditors, and other parties to charge consumers a fee for credit card transactions. This fee is capped at 3% of the total transaction amount or as specified in a contract. Additionally, the bill mandates that any party intending to charge a credit card transaction fee must clearly disclose this fee to the consumer before the transaction is completed.

To facilitate this change, the bill introduces a new section that outlines these provisions and specifies that it will be codified as part of Title 31, chapter 2, part 1 of the Montana Code. This ensures that the new regulations regarding credit card transaction fees are integrated into the existing legal framework governing commercial transactions.