CLICS/CLICS2025A/commsumm.nsf

PUBLIC
BILL SUMMARY For HB25-1282

SENATE COMMITTEE ON JUDICIARY
Date Apr 14, 2025       Location Old Supreme Court

HB25-1282 - Lay Over

	Attachment Tag File Name Attachment G https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/2EE4D32162F5DC1787258C83007F23FD/$File/Attachment G - Handout - Other States .pdf?OpenElement Attachment G - Handout - Other States .pdf Attachment H https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/FAA9ACE2E042B6C887258C83007F2D4C/$File/Attachment H - Combined.pdf?OpenElement Attachment H - Combined.pdf
	03:34:21 PM	Senator Daugherty, bill sponsor, presented House Bill 25-1282, concerning prohibitions on certain payment card network practices involving electronic payment transactions.  The bill sponsor explained the bill restricts how payment card networks set interchange fees and use data. Committee members asked about related laws in other states.
	03:48:45 PM	Grier Bailey, representing Colorado Wyoming Petroleum Marketers Association, testified in support of the bill. Michael Smith, representing National Federation of Independent Businesses, testified in support of the bill. Ms. Hunter Nelson, representing Small Business Majority, testified in support of the bill. Lauren Roberts, representing City O City, testified in support of the bill. Doug Kantor, representing National Association of Convenience Stores, testified in support of the bill. Kevin Weber, representing themself, testified in support of the bill. Committee discussion followed about bargaining powers and the transaction process.
	04:22:34 PM	Further discussion ensued about fee increases and rates, legislation in other states, and bank regulations.
	04:35:37 PM	Jim Sawtelle, representing Venable and Electronic Transactions Association, testified in opposition to the bill. Chase Ilsley, representing AFA Council 71 Denver, testified in opposition to the bill. Mr. Ben Metzger, representing Canvas Credit Union, testified in opposition to the bill. Mr. Ritchie Johnsen, representing International Association of Machinists and Aerospace Workers (“IAM”), testified in opposition to the bill. Committee members asked the panel questions about the bill's application to debit and credit cards. Discussion followed about the current system and impacts on smaller businesses. The committee inquired about federal policies and commerce clauses.
	05:05:38 PM	Scott Sager, representing Colorado Credit Union, testified in opposition to the bill. Lavonne Heaviland, representing FirstBank, testified in opposition to the bill. Megan Harmon , representing Independent Community Bankers of Colorado/The Eastern Colorado Bank, testified in opposition to the bill. Mr. Trey Rogers, representing United Airlines, testified in opposition to the bill. Mr. Chris Romer, representing Vail Valley Partnership, testified in opposition to the bill. Committee members asked questions about interchange fees in other countries and rewards points. Further discussion ensued about card processing fees, and fees for Apple Pay and Google Pay. Discussion turned to potential litigation and associated fees.
	05:55:26 PM	Christopher Howes, representing Colorado Retail Council, testified in support of the bill. He distribute a handout (Attachment G). Joshua Mantell, representing The Bell Policy Center, testified in support of the bill. Sonia Riggs, representing Colorado Restaurant Association, testified in support of the bill. Dan Swanson, representing themself, testified in support of the bill. Sonia Riggs read a statement from Scott Engleman, representing Truffle Pig, testified in support of the bill. Committee members asked questions about the interchange fees and rate schedules.  Discussion ensued about private rights of action and impacts of potential litigation. Written testimony about the bill is in Attachment H. The bill sponsors asked for the bill to be laid over to work on amendments.