The bill aims to modernize payment systems for registered tow truck operators in Washington state by allowing them to charge transaction fees for credit card payments. This change addresses the financial challenges faced by these operators, who often do not receive compensation for many of the vehicles they tow, creating a burden particularly for small businesses in the sector. The legislation recognizes that while unregulated businesses can recover credit card processing fees, tow truck operators have not had the same ability, putting them at a disadvantage. The bill emphasizes the need for a transparent and consumer-friendly approach to these fees, aligning with practices already established by the state for other services.

To implement this, the bill introduces a new section to chapter 46.55 RCW, permitting tow truck operators to charge a transaction fee for credit card payments, capped at three percent of the payment amount. Importantly, operators must always offer a no-cost payment option to consumers, which must be disclosed at the same time as the credit card information is collected. This framework aims to ensure fairness and economic sustainability for tow truck operators while maintaining consumer choice and access to transparent payment options.