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Illinois Swipe Fee Law Delay Pushes IFPA Fight Over Tips and Taxes Toward 2027

Illinois lawmakers voted to delay the state’s swipe fee law for another year, keeping the fight over card fees on sales taxes and tips in court and before federal regulators. The delay affects the Interchange Fee Prohibition Act, or IFPA, a first-of-its-kind Illinois law that would restrict banks, credit unions and card companies from collecting interchange fees on the tax and tip portions of debit and credit card transactions. Illinois Swipe Fee Law Delay Exten

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02 Jun 2026 09:04 AM 8 views

Illinois Swipe Fee Law Delay Pushes IFPA Fight Over Tips and Taxes Toward 2027

Illinois lawmakers voted to delay the state’s swipe fee law for another year, keeping the fight over card fees on sales taxes and tips in court and before federal regulators. The delay affects the Interchange Fee Prohibition Act, or IFPA, a first-of-its-kind Illinois law that would restrict banks, credit unions and card companies from collecting interchange fees on the tax and tip portions of debit and credit card transactions. Illinois Swipe Fee Law Delay Exten

Money & Investments

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Illinois Swipe Fee Law Delay Pushes IFPA Fight Over Tips and Taxes Toward 2027

Illinois Swipe Fee Law Delay Pushes IFPA Fight Over Tips and Taxes Toward 2027

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West Bengal Explores Underground Coal Gasification at Deocha-Pachami Block

Is UI/UX Design the Career of the Future? Here’s What You Need to Know!

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Jagan Visits Vallabhaneni Vamsi in Jail Amid Growing Political Tensions in Andhra Pradesh

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#retailers

Illinois Swipe Fee Law Delay Pushes IFPA Fight Over Tips and Taxes Toward 2027

Illinois Swipe Fee Law Delay Pushes IFPA Fight Over Tips and Taxes Toward 2027

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