Search results
Results From The WOW.Com Content Network
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Durbin amendment. The Durbin amendment, implemented by Regulation II, [1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by ...
Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank"). In a credit card or debit card transaction, the card ...
Cook County. Rockford. v. t. e. On November 8, 2016, Illinois voters approved the Illinois Transportation Taxes and Fees Lockbox Amendment, a legislatively referred constitutional amendment that prohibits lawmakers from using transportation funds for anything other than their stated purpose. [1]
The Jane Byrne Interchange (until 2014, Circle Interchange) is a major freeway interchange near downtown Chicago, Illinois. It is the junction between the Dan Ryan, Kennedy and Eisenhower Expressways (I-90 / I-94 and I-290), and Ida B. Wells Drive. [1] In a dedication ceremony held on August 29, 2014, the interchange was renamed in honor of ...
The Illinois State Toll Highway Authority (ISTHA) is an administrative agency of the U.S. state of Illinois charged with building, operating, and maintaining toll roads in the state. The roads, as well as the authority itself, are sometimes referred to as the Illinois Tollway. [a] The system opened in 1958 in the Chicago area, and has ...
Interstate 294 (I-294) is a tolled auxiliary Interstate Highway in the northeastern part of the U.S. state of Illinois.Forming the southern portion of the Tri-State Tollway in Illinois, I-294 runs from South Holland at I-80/I-94 and Illinois Route 394 (IL 394) to Northbrook at I-94.
Interstate 355. Interstate 355 (I-355), also known as the Veterans Memorial Tollway, is an Interstate Highway and tollway in the western and southwest suburbs of Chicago in the U.S. state of Illinois. Like most other toll roads in the northeastern portion of the state, I-355 is maintained by the Illinois State Toll Highway Authority (ISTHA).