Oklahoma · 2026 Regular Session · Bill

SB 1940: Credit card transactions; prohibiting certain interchange fees; requiring certain payment card network to deduct certain amount; requiring certain rebate at certain time. Effective date.

In committee Last action March 10, 2026: Placed on General Order

Plain-language summary

SB 1940 is a bill introduced in the Oklahoma Senate on February 2, 2026. According to its official title, it concerns: Credit card transactions; prohibiting certain interchange fees; requiring certain payment card network to deduct certain amount; requiring certain rebate at certain time. Effective date. Primary sponsor: Kristen Thompson (Republican), Kyle Hilbert (Republican). Most recent recorded action (March 10, 2026): Placed on General Order.

Sponsors

Primary sponsors: Kristen Thompson (Republican); Kyle Hilbert (Republican).