Colorado Senate Bill Stops Credit Card Fees on Sales Tax

Colorado lawmakers advance bill to stop credit card companies from charging merchants fees on sales tax, potentially saving businesses millions. Small businesses, such as BBQ spots and Japanese restaurants, stand to save thousands of dollars annually. However, banks and credit unions argue that these fees help fight fraud and cover risks. The bill now heads to the full Senate for debate, with support from restaurant groups and policy centers. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ab49defa8d75260c