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File #: Int 0611-2018    Version: * Name: Prohibiting businesses from setting a minimum purchase requirement greater than $10 for credit card transactions.
Type: Introduction Status: Committee
File created: 2/15/2018 In control: Committee on Consumer Affairs and Business Licensing
On agenda: 2/15/2018 Final action:
Title: A Local Law to amend the administrative code of the city of New York, in relation to prohibiting businesses from setting a minimum purchase requirement greater than $10 for credit card transactions
Sponsors: Ritchie J. Torres, Andrew Cohen
Indexes: Agency Rule-making Required
Attachments: 1. Summary of Int. No. 611, 2. Int. No. 611, 3. February 15, 2018 - Stated Meeting Agenda
Int. No. 611

By Council Members Torres and Cohen

Title
A Local Law to amend the administrative code of the city of New York, in relation to prohibiting businesses from setting a minimum purchase requirement greater than $10 for credit card transactions
Body

Be it enacted by the Council as follows:


Section 1. Chapter 5 of title 20 of the administrative code of the city of New York is amended by adding a new subchapter 20 to read as follows:
Subchapter 20
Prohibition of Credit Card Minimum Purchases
? 20-828 Prohibited conduct. It is unlawful for any organization, as such term is defined in section 20-102, to set a minimum dollar value greater than $10 for the acceptance of credit cards for any sale, lease, rental or loan or offer for sale, lease, rental or loan of any good or service to the public occurring in the city.
? 20-829 Required posting. Any organization that accepts credit cards must conspicuously post on or near any fixed point of sale terminal that credit card minimums greater than $10 are prohibited by city law. Such disclosure will be in a form determined by the department.
? 20-830 Penalties. a. Any organization violating section 20-828 or any rules promulgated pursuant thereto is liable for a civil penalty of not more than $150 for the first violation, and a civil penalty of not less than $1,500 and not more than $5,000 for each succeeding violation.
b. Any organization violating section 20-829 or any rules promulgated pursuant thereto is liable for a civil penalty of not more than $50 for the first violation, and a civil penalty of not less than $100 and not more than $500 for each succeeding violation.
c. The department shall commence any proceeding to recover any civil penalty authorized pursuant to the provisions of this section by serving a notice of violation returnable to any tribunal established within the office of administrative trials and hearings or within any agency of ...

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