Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > World News > Bill to eliminate some credit card fees passed by Colorado House
World News

Bill to eliminate some credit card fees passed by Colorado House

Last updated: March 20, 2025 8:03 am
Share
Bill to eliminate some credit card fees passed by Colorado House
SHARE

Colorado is on track to become the second state in the nation to prohibit credit card companies from charging “swipe fees” on taxes or tips, following the passage of new legislation in the state House on Wednesday.

Under the current system, every time a customer uses a Visa or Mastercard at a business, the credit card companies impose a fee ranging from 2% to 4% of the total bill. This fee includes charges on sales tax and tips, which businesses collect and pass on to the government and workers, respectively.

The newly passed House Bill 1282 not only prohibits credit card companies from levying fees on taxes or tips but also restricts the fees that can be imposed on charitable donations.

While the bill only addresses a portion of the swipe fees, businesses still face significant costs annually due to charges on taxes and tips, according to supporters.

Representative William Lindstedt of Broomfield, a Democrat and co-sponsor of the bill along with Republican Representative Max Brooks of Castle Rock, emphasized the regressive nature of these fees during the House session. He stressed the importance of safeguarding Colorado’s workers and small businesses.

The measure passed the House with a 43-21 vote, drawing support and opposition from both sides of the aisle. If approved by the state Senate and signed into law by Governor Jared Polis, Colorado will join Illinois as the only states to prohibit fees on taxes or tips.

The issue of fees has sparked sharp divisions among Democrat and Republican lawmakers this session, with the Democratic majority also facing internal disagreements on how to regulate businesses effectively.

See also  President Donald J. Trump Establishes the National Energy Dominance Council – The White House

Interestingly, the swipe-fees measure has garnered support from various business groups, including the National Federation of Independent Businesses and the Colorado Restaurant Association, as well as the liberal Bell Policy Center.

On the opposing side are major players like Mastercard and American Express, along with business organizations such as the Denver Metro Chamber of Commerce and the Colorado Competitive Council. Several airlines have also voiced opposition, citing concerns about the impact on customer reward programs.

During the committee vote on the bill, critics raised multiple objections and threatened legal action akin to the challenges faced by Illinois’ swipe fee law. They warned of potential disruptions to airline points and online transactions if the bill were to pass.

Despite the opposition’s arguments, supporters of the bill remain steadfast. Representative Brooks dismissed the fears raised by opponents, citing existing fee caps in Europe as evidence that similar limits in Colorado would not be catastrophic.

As the bill advances to the Senate, its fate remains uncertain, with proponents anticipating a fresh wave of intense opposition.

Originally Published: March 20, 2025 at 8:51 AM MDT

TAGGED:BillcardColoradoCreditEliminatefeesHousepassed
Share This Article
Twitter Email Copy Link Print
Previous Article In star-studded Los Angeles, it’s JuJu Watkins’ show In star-studded Los Angeles, it’s JuJu Watkins’ show
Next Article My Talk at UW – Superior My Talk at UW – Superior
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Trump Calls VP Harris’s Common Allergies ‘Deeply Serious Conditions’

Immunotherapy is a type of treatment that involves exposing the body to small amounts of…

October 19, 2024

Opportunities in July 2025

Hyperallergic’s monthly Opportunities Listings offer a valuable resource for artists and creatives seeking funding and…

July 1, 2025

Step Into Sonia Boyce’s Sensory World

Sonia Boyce's exhibition, "Feeling Her Way," currently on display at the Art Gallery of Ontario…

January 27, 2025

On the Podcast: What to Watch, Read, and Listen to This Summer, According to Vogue Edtiors

This week on The Run-Through, Chloe and Chioma sit down with Vogue’s fashion news editor,…

June 3, 2025

House panel to refer ex-Gov. Andrew Cuomo for criminal charges

The House subcommittee investigating the government's response to the pandemic is set to accuse former…

October 31, 2024

You Might Also Like

Veterans to ride 20 miles on horseback through NYC for suicide awareness: Horse therapy ‘saved my life’
World News

Veterans to ride 20 miles on horseback through NYC for suicide awareness: Horse therapy ‘saved my life’

October 10, 2025
Nobel Peace Prize winner Maria Corina Machado dedicates it to Trump
World News

Nobel Peace Prize winner Maria Corina Machado dedicates it to Trump

October 10, 2025

Trump Shows Signs Of Full-Blown Mental Collapse At White House Event

October 10, 2025
Mystery New Yorker kicks ‘cheating husband,’ his plants to the curb with viral, savage note on Upper West Side
World News

Mystery New Yorker kicks ‘cheating husband,’ his plants to the curb with viral, savage note on Upper West Side

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?