(a) If an issuing agency offers a transponder or other electronic toll payment device, a person shall be allowed to acquire a transponder or other electronic toll payment device with cash, or with a credit or debit card, and shall be allowed to load a minimum of one hundred dollars ($100) onto the associated account with cash or with a credit or debit card.

(b) Except as otherwise provided in subdivision (b) of Section 23306, there shall be no additional transaction fee charged to acquire the transponder or other electronic toll payment device.

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(c) An issuing agency shall not assess any additional transaction fee to the amount a person is charged by a cash payment network company to load funds to an account using cash through a cash payment network.

(d) This section shall become operative on July 1, 2024.

(Added by Stats. 2022, Ch. 969, Sec. 7. (AB 2594) Effective January 1, 2023. Operative July 1, 2024, by its own provisions.)