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New York · 2025 Regular Session · Bill

S 5587: Relates to excluding taxes from the amount on which credit card transaction fees are based

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 5587 is a bill introduced in the New York Senate on February 25, 2025. According to its official title, it concerns: Relates to excluding taxes from the amount on which credit card transaction fees are based. Primary sponsor: James Skoufis (Democratic). It lists 8 additional sponsors. Most recent recorded action (June 5, 2026): COMMITTED TO RULES.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Excludes the amount of state and local taxes and fees from the amount on which an interchange fee is charged for that electronic payment transaction by a credit or debit card network; prohibits a payment card network from altering or manipulating the computation and imposition of interchange fees.

Sponsors

Sponsors by party (alphabetical): Democratic 3 · Democratic/Working Families 4 · Republican/Conservative 2

NameRolePartyChamberDistrict
James SkoufisPrimary sponsorDemocraticSenate42
Joe AddabboCo-sponsorDemocraticSenate15
Pete HarckhamCo-sponsorDemocratic/Working FamiliesSenate40
Michelle HincheyCo-sponsorDemocratic/Working FamiliesSenate41
Monica MartinezCo-sponsorDemocratic/Working FamiliesSenate4
Shelley MayerCo-sponsorDemocratic/Working FamiliesSenate37
Dean MurrayCo-sponsorRepublican/ConservativeSenate3
Peter OberackerCo-sponsorRepublican/ConservativeSenate51
Chris RyanCo-sponsorDemocraticSenate50

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. COMMITTED TO RULES
  2. ADVANCED TO THIRD READING
  3. 2ND REPORT CAL.
  4. 1ST REPORT CAL.1296
  5. PRINT NUMBER 5587A
  6. AMEND AND RECOMMIT TO CONSUMER PROTECTION
  7. REFERRED TO CONSUMER PROTECTION
  8. REFERRED TO CONSUMER PROTECTION

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source