BILL · 2005–06 SESSION

SB 6240: Interchange & associated fee

Regulating interchange and associated fees.

Summary

Declares that "interchange fee" means the fee a merchant's financial institution pays to a cardholder's financial institution when a cardholder uses a credit card or debit card as payment during a retail transaction. Provides that financial institutions may not charge interchange fees that are more than one and one-half percent of the total cost of the retail transaction.

From the Bill Digest (SB 6240), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to interchange and associated fees;

No recorded floor votes. This measure never reached a floor vote.

Jan 9, 2006First reading, referred to Financial Institutions, Housing & Consumer Protection.
Jan 6, 2006Prefiled for introduction.

Bill numbers restart every two years, so the same number is a different bill in each session.

SB 6240 (2025–26) Aviation impacts grants · Did not pass · died in committee
SB 6240 (2023–24) Jet fuel tax preferences · Did not pass · died in committee
SB 6240 (2019–20) Physician assistants · Did not pass · died in committee
SB 6240 (2017–18) Miniature hobby boilers · Enacted · Chapter 259, Laws of 2018
SB 6240 (2015–16) Nursing home facilities · Did not pass · died in committee
SB 6240 (2013–14) Asbestos building materials · Did not pass · died in committee
SB 6240 (2011–12) Juvenile disposition orders · Enacted · Chapter 177, Laws of 2012
SB 6240 (2009–10) Joint underwriting assn's · Did not pass · passed Senate, stalled in House