AFSA has released its March State Government Affairs white paper, which provides a comprehensive analysis of interchange fees and their impact on both financial institutions and consumers. The document delves into the ongoing legislative and regulatory debates surrounding interchange fees and examines the potential outcomes of proposed changes in this area.
As legislative efforts related to interchange continue to advance, there is a growing interest among policymakers in interchange sales tax bills. This development signals an increasing focus on how these fees are structured and regulated.
The research presented in the white paper reflects current findings but acknowledges that the situation may evolve over time. AFSA's SGA resources section on its website hosts this white paper along with others for those interested in further details.