American Booksellers Association
American Booksellers AssociationOpposeTrade association
Summary: The American Booksellers Association (ABA) opposes the OCC's interim final order because it preempts the Illinois Interchange Fee Prohibition Act (IFPA). The ABA argues that the IFPA is a reasonable state law that prevents banks from collecting fees on sales tax revenue, which merchants do not keep and should not be subject to interchange costs.
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