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PUBLIC
BILL SUMMARY For SB26-134

SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Mar 12, 2026       Location SCR 352

SB26-134 - Referred to the Committee of the Whole


11:16:45 AM  
Senators Jodeh and Lindstedt introduced Senate Bill 26-134, concerning credit card swipe fees. The bill prohibits credit and debit card networks from charging merchants a transaction fee based on sales tax amounts. The sponsors responded to questions from the committee.
11:26:59 AM  
Mr. Brennan Duckett, representing the National Restaurant Association, testified in support of the bill. Ms. Sonia Riggs, representing the Colorado Restaurant Association, testified in support of the bill. Joshua Mantell, representing the Bell Policy Center, and Lee Andasola, representing themself, testified in support of the bill. The panelists responded to questions from the committee.
11:38:18 AM  
Mr. Ben Metzger, representing Canvas Credit Union, testified in opposition to the bill. Scott Sandberg, representing Colorado Bankers Association, testified in opposition to the bill. Chris Hill, representing Bankers Bank of the West, testified in opposition to the bill. Katie March, representing GoWest Credit Union Association, testified in opposition to the bill. The panelists responded to questions from the committee.
11:55:30 AM  
Leslie Oliver, representing the Denver Metro Chamber of Commerce, testified in opposition to the bill. Mr. Daniel Doherty, representing Jordinell's, testified in opposition to the bill. Mr. Chris Romer, representing Vail Valley Partnership, testified in opposition to the bill. Josh Saltzman, representing Airlines for America, testified in opposition to the bill. The panelists responded to questions from the committee.
12:03:36 PM  
Nicole Walusis, representing First Interstate BancSystem, testified in opposition to the bill. Andy Montgomery, representing FMS Bank, testified in opposition to the bill. Megan Harmon, representing The Eastern Colorado Bank, testified in opposition to the bill. John Stelzriede, representing Alpine Bank, testified in opposition to the bill. The panelists responded to questions from the committee.
12:21:38 PM  
Mr. Scott Sager, representing Colorado Credit Union, testified in opposition to the bill. Shelley Ormsby, representing Elevations Credit Union, testified in opposition to the bill. Sarah Rhule, representing Minnequa Works Credit Union, testified in opposition to the bill. Mr. Michael Kerr, representing Denver Fire Department Federal Credit Union, testified in opposition to the bill. The panelists responded to questions from the committee.
12:38:26 PM  
Grier Bailey, Colorado and Wyoming Petroleum Marketing Association, testified in support of the bill. Masaro Torito, representing themself, testified in support of the bill. Chrissy Strowmatt, representing Blue Bonnet restaurant, testified in support of the bill. Darin Overstreet, representing themself, testified in support of the bill. The panelists responded to questions from the committee.
12:51:22 PM  
Katie Nicholson, representing themself, testified in support of the bill. Mr. Chris Donato, representing themself, testified in support of the bill. Theresa Connelly, representing Murdochs Ranch and Home, testified in support of the bill. Lee Wood, representing Colorado Distillers Guild, testified in support of the bill. The panelists responded to questions from the committee.
12:59:30 PM  
Lauren Roberts, representing themself, testified in support of the bill. Dan Swanson, representing Colorado Restaurant Association, testified in support of the bill. Nina "Chris" Carran, representing Colorado Independent Liquor Stores, testified in support of the bill. Mr. Chris Lanter, representing themself, testified in support of the bill. The panelists responded to questions from the committee.

Additional written comments that were provided to the committee may be found in Attachment A.
01:11:05 PM  
The committee took a recess.
01:15:40 PM  
The committee came back to order. Senator Liston distributed and explained Amendments L.001 and L.002 (Attachments B and C).

01:24:05 PM
Motion Adopt amendment L.001
Moved Liston
Seconded
Catlin Yes
Jodeh No
Liston Yes
Lindstedt No
Danielson No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL

01:26:44 PM
Motion Adopt amendment L.002
Moved Liston
Seconded
Catlin Yes
Jodeh No
Liston Yes
Lindstedt No
Danielson No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL
01:26:46 PM  
The sponsors made closing comments on the merits of the bill. The committee members made closing comments on the merits of the bill.

01:38:46 PM
Motion Refer Senate Bill 26-134 to the Committee of the Whole.
Moved Jodeh
Seconded
Catlin No
Jodeh Yes
Liston No
Lindstedt Yes
Danielson Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS