Senate Bill 0426
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DIGEST OF SB426 (Updated January 29, 2004 3:40 pm - DI 84)
Electronic benefits transfer law. Allows the electronic benefits transfer commission ("commission") to review proposed contracts of the division of family and children ("division"). Requires the division to implement commission recommendations, except under specified circumstances. Requires the division to pay a fee of $0.06 per approved electronic benefits transfer transaction to retailers participating in the EBT program who use their own equipment. Requires the division to review the amount of the fee every two years. Requires the commission to review and make recommendations concerning a state program administered by the office of the secretary of family and social services through which the state uses electronic transfers to transfer benefits or money. Requires the division to implement a staggered distribution schedule for EBT program benefits.
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