ABA - American Bankers Association
06/03/2026 | Press release | Distributed by Public on 06/03/2026 18:17
ABA Statement on Colorado Governor’s Veto of Interchange Fee Bill (Senate Bill 26-134)
"We welcome Governor Polis' decision to veto this legislation and spare Colorado consumers and businesses from the payment chaos it would have unleashed - while also sparing the state from a costly and uphill legal battle. The governor's action, as well as a federal court ruling in Illinois this week, should send a clear message to any other state contemplating similar legislation that it is a mistake. We express our appreciation to the Colorado Bankers Association and other local stakeholders for their efforts to highlight the harm this flawed bill would have brought to the people of Colorado."
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About the American Bankers Association
The American Bankers Association is the voice of the nation's $26.1 trillion banking industry, which is composed of small, regional and large banks that together employ over 2 million people, safeguard $20.5 trillion in deposits and extend $13.7 trillion in loans.
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