Docket Room
HB 5743·IL·house

INTERCHANGE FEE-REPEAL

In CommitteeFiled Apr 10, 2026
Sponsor: John Cabello (R)
Latest Action

Added Co-Sponsor Rep. Jackie Haas

May 13, 2026

Summary

The bill eliminates the Interchange Fee Prohibition Act, effectively ending the state's prohibition on interchange fees charged between financial institutions for card transactions. This change impacts banks, merchants, and consumers who will see the regulatory framework for credit‑card fees altered. The repeal takes effect as soon as the law is enacted.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Share

Track this bill

Get real-time alerts when HB 5743 changes status, plus AI-powered summaries and stage predictions.

Sign up free
Docket Room · Nonpartisan legislative tracking
Docket Room IntelligencePro

Ask about your legislation

I can analyze your tracked bills, upcoming hearings, and recent changes.

AI-generated · Nonpartisan · Not legal advice