Topic
bill
Lok Sabha passes bill to let banks levy merchant charges on UPI transactions
The Lok Sabha approved a Bill amending the Payment and Settlement Systems Act, 2007, empowering the government to allow banks and payment service providers to levy Merchant Discount Rate on UPI transactions. The Times of India reported a likely 0.25%–0.4% fee on business payments above Rs 2,000 — a threshold covering only about 5% of transactions but nearly 65% of UPI's processed value.
Tax Amendment Bill 2026 proposes easier rules for offshore funds managed from India
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to substantially relax eligibility conditions for Eligible Investment Funds (EIFs) managed from India, removing investor thresholds and corpus requirements. The bill also replaces the June 5 ordinance that exempted FPIs from tax on G-Sec interest and capital gains, part of a broader push to attract foreign capital and support the rupee.
Trade Finance Rajya Sabha passes MSME Amendment Bill to speed up payments and strengthen MSMEs
The Rajya Sabha passed the Micro Small and Medium Enterprises Development (Amendment) Bill, 2026, aimed at curbing delayed payments to MSMEs. The legislation mandates central public sector enterprises to route invoice settlement through the Trade Receivables Discounting System and empowers courts to order interim payments of 50% of awarded amounts in delayed payment disputes.
Logistics Staged Truck Crashes Could Bring 20 Years in Federal Prison Under New Bill Introduced by Sen. Moody
Sen. Ashley Moody introduced the Staged Accident Fraud Prevention Act, which would make staged crashes with commercial motor vehicles a federal crime punishable by up to 20 years in prison. The bill also targets organizers and co-conspirators, with minimum 20-year sentences for serious injury or death. Industry groups including OOIDA and ATA support the measure, citing rising insurance premiums from fraud.
Logistics New York City's Delivery Protection Act on Amazon DSPs Pauses for Summer Amid Signs of Potential Changes
The New York City Council's Delivery Protection Act, which would require licensing of delivery companies and prohibit subcontracting core services like those performed by Amazon DSPs, has no action scheduled since an April hearing. Co-sponsors have dropped from 41 to 32, but 'amendment season' may produce modifications, including possible joint employer options. The bill threatens Amazon's last-mile delivery model in NYC.
Logistics DeSantis Vetoes Bill Allowing CDL Training for Some Florida Inmates
Florida Governor Ron DeSantis vetoed HB 325, a bill that passed both houses unanimously, which would have allowed CDL training for nonviolent inmates within two years of release or on scheduled release. DeSantis cited burdens on the Department of Corrections and public safety concerns. The trucking industry's reaction is unknown as the Florida Trucking Association could not be reached.
Technology Senators Cruz and Wyden Introduce Bipartisan JAWBONE Act to Curb Government Cens
Senators Ted Cruz (R-Texas) and Ron Wyden (D-Ore.) have introduced the Justice Against Weaponized Bureaucratic Overreach to Networked Expression (JAWBONE) Act, a bipartisan bill aimed at holding the government accountable for censorship and First Amendment violations. The bill would create a cause of action against any government agency or employee for jawboning, and allow plaintiffs to seek monetary damages. Despite bipartisanship, Cruz and Wyden clashed over which administration is more guilty of censorship.
Regulations & Compliance Canada Bans Social Media for Under 16s with New Bill
Canada has introduced the Safe Social Media Act, banning social media use for those under 16 and imposing new safety standards on platforms. The Digital Safety Commission of Canada will enforce these regulations.
B.C. Bill: Mandatory Dashcams on Commercial Vehicles
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Logistics House Committee Approves Bill Impacting Trucking Sector
The House Transportation & Infrastructure committee has approved a transportation bill with significant implications for the trucking industry, focusing on restroom access and parking provisions. The bill, known as the BUILD America 250 Act, aims to improve conditions for truck drivers.