41-1a-1221 - Fees to cover the cost of electronic payments. - Utah Statutes

41-1a-1221. Fees to cover the cost of electronic payments.
(1) As used in this section:
(a) "Electronic payment" means use of any form of payment processed through electronicmeans, including credit cards, debit cards, and automatic clearinghouse transactions.
(b) "Electronic payment fee" means the fee assessed to defray:
(i) the charge, discount fee, or processing fee charged by credit card companies orprocessing agents to process an electronic payment; or
(ii) costs associated with the purchase of equipment necessary for processing electronicpayments.
(2) (a) The Motor Vehicle Division may collect an electronic payment fee on allregistrations and renewals of registration under Subsections 41-1a-1206(1)(a), (1)(b), and (2).
(b) The fee described in Subsection (2)(a):
(i) shall be imposed regardless of the method of payment for a particular transaction; and
(ii) need not be separately identified from the fees imposed for registration and renewalsof registration under Subsections 41-1a-1206(1)(a), (1)(b), and (2).
(3) The division shall establish the fee according to the procedures and requirements ofSection 63J-1-504.
(4) A fee imposed under this section:
(a) shall be used by the division as a dedicated credit to cover the costs of electronicpayments; and
(b) is not subject to Subsection 63J-2-202(2).

Amended by Chapter 391, 2010 General Session