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Minutes for HB2089 - Committee on Financial Institutions and Pensions

Short Title

Enacting the consumer inflation reduction and tax fairness act and exempting the portion of a credit card transaction constituting a tax or gratuity from assessment of the fee charged by the card issuer.

Minutes Content for Mon, Mar 3, 2025

 

Chair Hoheisel opened the informational hearing on HB 2089 and recognized Jason Thompson, Senior Assistant Revisor, Office of Revisor of Statutes who provided an overview. (Attachment2)  No questions

Proponents - Chair Hoheisel recognized the following individuals who spoke in support of HB 2089: Doug Kantor, National Association of Convenience Stores, (via WEBEX), (Attachment3); Brian Posler, Executive Director, Fuel True: Independent Energy and Convenience, (Attachment4); and Dan Murray, Kansas State Director, National Federation of Independent Business, (Attachment5).  A question and answer period followed.

Proponents Written Only - Chair Hoheisel announced that Scott J. Schneider, attorney, Kansas Restaurants and Hospitality Association provided written only testimony in support of HB 2089. (Attachment6)

Neutral - none

Opponents - Chair Hoheisel recognized the following individuals who spoke in opposition of HB 2089:  Alex Orel, Senior Vice President Government Relations, Kansas Bankers Association, (Attachment7); Cale Beam, Kansas Credit Union Association, (Attachment8); and Steve Rauschenberger on behalf of Electronic Payments Coalition, (via WEBEX),  (Attachment9) (Attachment10). A question and answer period followed.

Opponents Written Only - Richard Hunt, Executive Chairman, Electronic Payments Coalition, (Attachment11); Michael J. Augustine, President and CEO, Frontier Community Credit Union, Leavenworth, (Attachment12); and Elizabeth Patton, State Director, Americans for Prosperity-Kansas, (Attachment13).

Chair Hoheisel closed the informational hearing on HB 2089.

The next House Financial Institutions and Pensions committee is scheduled for Wednesday, March 5, 2025.

Chair Hoheisel adjourned the meeting at 10:31 am.