This bill aims to modernize payment systems for registered tow truck operators and other regulated businesses in Washington state by allowing them to charge transaction fees for credit card payments. Currently, these operators face financial burdens due to unreimbursed tows and are at a disadvantage compared to unregulated businesses that can recover credit card processing fees. The legislation recognizes the need for a fair and transparent mechanism for these operators to recover costs, aligning their practices with those of unregulated industries and state services that already impose transaction fees.

The bill introduces a new section to chapter 19.200 RCW, permitting regulated businesses to charge a transaction fee for credit card payments, provided that a no-cost payment option is always available and disclosed to consumers at the time of payment. The transaction fee cannot exceed three percent of the payment amount. This change is intended to support small businesses that provide essential public safety services, promote fair economic practices, and ensure consumers have access to transparent payment options.