Date of enactment: December 22, 2005
2005 Senate Bill 180 Date of publication*: January 9, 2006
* Section 991.11, Wisconsin Statutes 2003-04 : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].
An Act to create 422.422 of the statutes; relating to: cash discounts for purchases.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
84,1 Section 1. 422.422 of the statutes is created to read:
422.422 Cash discounts. No credit card issuer may, by contract or otherwise, prohibit a merchant from offering a discount to a customer to induce the customer to pay by cash, check, or similar means, rather than by use of a credit card or its underlying account, for the purchase of goods or services.