SB 79-PAYMENT OF WAGES; PAYROLL CARD ACCOUNT  4:25:39 PM CO-CHAIR FIELDS announced that the final order of business would be SENATE BILL NO. 79, "An Act relating to wage payments." 4:26:07 PM CO-CHAIR FIELDS opened public testimony on SB 79. 4:26:24 PM SARAH OATES HARLOW, President, Alaska Cabaret, Hotel, Restaurant and Retailer's Association, Inc. (Alaska CHARR), briefly spoke about CHARR and reminded the committee she had previously testified that the hospitality industry continues to face significant ongoing challenges to business operations and cost of labor, one of which is interchange fees, also known as "swipe fees," required of business owners by credit card networks on the taxes collected. She said restaurants alone in Alaska are paying over $6.2 million in credit card swipe fees annually. She highlighted that one CHARR member spent over $50,000 on interchange fees solely on alcohol tax collected on behalf of the Municipality of Anchorage (MOA). She recommended an amendment to SB 79 that would restrict interchange fees on taxes and tips thus helping thousands of Alaska-owned establishments and keep millions of dollars in the state. 4:30:26 PM CO-CHAIR FIELDS asked Ms. Oates Harlow if she had any information regarding other CHARR members and the amount they have paid in interchange fees. MS. OATES HARLOW replied that there were many members of CHARR that planned to submit written testimony regarding the amount that they spend on interchange fees for taxes and tips. 4:31:44 PM CO-CHAIR FIELDS, after ascertaining that there was no one else who wished to testify, closed public testimony on SB 79. 4:32:10 PM CO-CHAIR FIELDS thanked the testifiers and delivered committee announcements. [SB 79 was held over.]