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GeorgiaHB 2412025-2026 Regular SessionHouseWALLET

Contracts; convenience fees for payment by electronic means; revise provisions

Sponsored By: Carter Barrett (Republican), Johnny Chastain (Republican), Demetrius Douglas (Democrat), Trey Rhodes (Republican), Will Wade (Republican), Noel Williams (Republican)

Signed by Governor

Banks & BankingBanking and Financial InstitutionsGeneral Bill

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

No-fee option and clear notice

A convenience fee cannot be charged unless a no‑fee way to pay is offered. You must be able to pay by cash, check, money order, or an electronic option with no fee. If a fee is charged, the lender or merchant must tell you the dollar amount first, say it is nonrefundable, and say it is for electronic payment.

Convenience fees for electronic payments allowed

Lenders and merchants in certain loans and sales can charge a nonrefundable fee when you pay electronically. Electronic payment includes credit and debit cards, electronic funds transfer, e‑checks, and similar methods. The fee must equal their processing cost paid to a third party (including an affiliated processor), or they may instead charge no more than the greater of their average cost for that payment type or $5.00. The fee is on top of other charges and is not treated as interest or a finance charge under Georgia law. This applies to state‑regulated loans and installment loans, retail and home‑solicitation sales, car financing, and insurance premium finance agreements, and must follow card or bank network rules.

Sponsors & Cosponsors

Sponsors

  • Carter Barrett

    Republican • House

  • Johnny Chastain

    Republican • House

  • Demetrius Douglas

    Democrat • House

  • Trey Rhodes

    Republican • House

  • Will Wade

    Republican • House

  • Noel Williams

    Republican • House

Cosponsors

  • Shawn Still

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 213 • No: 6

Senate vote • 3/27/2025

PASSAGE

Yes: 53 • No: 3

House vote • 2/27/2025

PASSAGE

Yes: 160 • No: 3 • Other: 4

Actions Timeline

  1. Effective Date

    7/1/2025

  2. House Date Signed by Governor

    5/14/2025House

  3. Act 305

    5/14/2025

  4. House Sent to Governor

    4/7/2025House

  5. Senate Third Read

    3/27/2025Senate

  6. Senate Passed/Adopted

    3/27/2025Senate

  7. Senate Read Second Time

    3/18/2025Senate

  8. Senate Committee Favorably Reported

    3/13/2025Senate

  9. Senate Read and Referred

    2/28/2025Senate

  10. House Third Readers

    2/27/2025House

  11. House Passed/Adopted By Substitute

    2/27/2025House

  12. House Committee Favorably Reported By Substitute

    2/20/2025House

  13. House Second Readers

    2/6/2025House

  14. House First Readers

    2/5/2025House

  15. House Hopper

    2/4/2025House

Bill Text

  • HB 241/AP* (v6)

    PDF

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