HB 25-1282
Fiscal Note
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
HB 25-1282: PAYMENT CARD NETWORK PRACTIC ES & FEES
Prime Sponsors:
Rep. Brooks; Lindstedt
Sen. Daugherty; Kirkmeyer
Published for: House Finance
Drafting number: LLS 25-0801
Fiscal Analyst:
Kristine McLaughlin, 303-866-4776
kristine.mclaughlin@coleg.gov
Version: Initial Fiscal Note
Date: March 11, 2025
Fiscal note status: The fiscal note reflects the introduced bill.
Summary Information
Overview. The bill restricts how payment card networks set interchange fees and use data.
Types of impacts. The bill is projected to affect the following areas on an ongoing basis:
Minimal State Workload
State Revenue
Local Government
Appropriations. No appropriation is required.
Table 1
State Fiscal Impacts
Type of Impact
Budget Year
FY 2025-26
Out Year
FY 2026-27
State Revenue $0 $0
State Expenditures $0 $0
Transferred Funds $0 $0
Change in TABOR Refunds $0 $0
Change in State FTE 0.0 FTE 0.0 FTE
Page 2
March 11, 2025 HB 25-1282
Summary of Legislation
The bill restricts how credit card and other electronic payment companies (payment card
networks) set interchange fees, which merchants pay per transaction. Specifically, the bill limits
how fee can be set by:
prohibiting a payment card network from fixing a fee with another payment card network or
a credit card issuer;
limiting what information, a fee formula can consider; and
capping fees for charitable donations.
Additionally, the bill limits how data from fee transactions can be used, and what fees can be
charged for a disputed transaction. The bill also establishes a civil action process and penalty
amounts for remedying violations.
State Revenue and Expenditures
The bill primarily concerns contracts between private parties. Although the Department of Law
serves as the administrator of the Colorado Uniform Consumer Credit Code, which the bill
amends, the changes are not anticipated to affect the expenditures or revenues of the
department. To the extent that civil filings with the trial courts increase, Judicial Department
workload and revenue from filing fees may increase. Revenue from filing fees is subject to
TABOR. No change in appropriations is required.
Local Government
Similar to the state, to the extent civil cases are filed, workload and revenue for Denver County
Court may increase.
Effective Date
The bill takes effect November 7, 2025, assuming no referendum petition is filed.
State and Local Government Contacts
Judicial
Law
Regulatory Agencies
Revenue
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit the General Assembly website.