Allow Insurance Producers To Refer to Third Parties for Credit Card and Debit Card Payments
| Category: | General Business |
|---|---|
| Status: | Defeated |
| Sponsor: | Representative Mark Blier, House 22 |
| Session: | 130 |
| Bill #: | LD 160 |
Position:
Monitoring.
Update 2/28/2021: The committee voted the bill unanimous Ought Not to Pass. It is dead.
Summary:
This bill permits an insurance producer to refer clients to an authorized 3rd-party payment service provider for the purpose of accepting a credit card or debit card to pay the client's insurance premium. The bill also authorizes the 3rd party to impose a surcharge for payments made with a credit card or debit card.