Bill Text: IL SB3237 | 2025-2026 | 104th General Assembly | Introduced

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Bill Title: Repeals the Interchange Fee Prohibition Act. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced) 2026-02-02 - Referred to Assignments [SB3237 Detail]

Download: Illinois-2025-SB3237-Introduced.html

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104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB3237 Introduced 2/2/2026, by Sen. Mark L. Walker SYNOPSIS AS INTRODUCED:
815 ILCS 151/Act rep.
Repeals the Interchange Fee Prohibition Act. Effective immediately.
LRB104 16317 SPS 29703 b
A BILL FOR
SB3237 LRB104 16317 SPS 29703 b
AN ACT concerning business.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
(815 ILCS 151/Act rep.)
Section 5. The Interchange Fee Prohibition Act is
repealed.
Section 99. Effective date. This Act takes effect upon
becoming law.