Colorado Legislature passes bill to eliminate credit card swipe fees on sales tax

By: Sara Wilson

Outlets: Colorado Newsline

Published: May 7, 2026

Words: 659

Last Updated: 2 months ago

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The Colorado Legislature gave final approval this week to a bill that would lower the fees businesses need to pay credit card companies every time a customer swipes their card. It was one of the most heavily lobbied bills this legislative session.

Senate Bill 26-134 would exempt sales taxes from the “interchange” fees that banks charge merchants when a person uses their debit or credit card. That fee currently is applied to the …

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