8484E3969D7E51CA87258C6C00767F8E Hearing Summary

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

Attachment G - Handout - Other States .pdf

Attachment H

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 (âIAMâ),
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.

HB25-1282 - Lay Over

Colorado General Assembly