The bill H. 4581 aims to amend the South Carolina Code of Laws by adding a new section, 45-1-100, which prohibits certain accommodations, such as hotels, inns, and motels, from charging a transactional fee when guests pay using cash or check. A "transactional fee" is defined in the bill as a fee that covers costs related to payment processing, including interchange and assessment fees.
This legislation is designed to protect consumers from additional charges when opting to pay with cash or check, ensuring that these payment methods remain accessible without incurring extra costs. The bill will take effect upon approval by the Governor.
Statutes affected: Latest Version: 45-1-100