What's happening with the swipe fee in Colorado?

Since 2013, merchants in Colorado and across the U.S. have been able to pass credit card transaction fees onto consumers. The Colorado legislature in Denver passed a bill to eliminate that fee; not only does it help businesses it helps their customers.

What Law Did the Colorado Legislature Pass in May of 2026?

Senate Bill 26-134 says that credit card companies that are worth over $60 billion cannot charge a transaction fee on the sales tax portion of a purchase/service. ColoradoNewsline.com broke it down: Merchants collect sales tax on behalf of the state; when we (consumers) use a card, that card company takes a percentage of the entire transaction with the fee, where they should be excluding the tax.

How Will Diners in Colorado Be Seeing Cheaper Nights Out?

I'm sure I'm not the only person in the state that has been to a bar/restaurant where they add 3% to your bill if you use a card. I understand, they're in businesses to make money, not to give credit card companies money; but once this bill becomes law, I highly expect to not be charged that 3%.

Credit Cad Companies Have Been Raking in Millions and Millions With 'Swipe Fees'

According to ColoadoNewsLine.com, in 2023 alone, the swipe fees brought in an incredible $11 million. That's just for one year. If you go back to 2013, when the swipe fees became "OK" again, that's upwards of $100 million. What ever will those $60 billion credit card companies do?

MORE COLOADO - The 100 Snobbiest Cities in Colorado

Colorado loves to act chill, until you see the price tags and attitudes in some of these towns. This list calls out the places where “laid-back” quietly turns into “we’re better than you.” We asked A.I. to give us what it thinks the snobbiest towns are. Don't @ us, this is the robots speaking.

MORE COLORADO - The 20 Most Unique Town Names in the State

Colorado has a very rich history and wide variety of different town names. Some of these reflect different cultures that have called this place home, and some are more on the odd side.

Either way, let's take a look at some of the most unique Colorado town names.

Gallery Credit: KM

Source: Your Dinner Out in Colorado Probably Just Got Cheaper