Iowa Code r. 781-8.5 - Adjustments for convenience fees
If a state department is allowed to charge its customers a convenience fee under the credit card processing contract, then the following shall apply:
1. The treasurer shall
consult with the state department to assist in determining the amount by which
the department's fees may be adjusted to reflect the cost of credit card
processing.
2. The state department
shall follow all credit card associations' rules on how and when a convenience
fee may be charged.
3. The
treasurer shall notify state departments of any changes in the credit card
associations' rules on convenience fees.
Notes
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