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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 Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

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.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Republican 2

NameRolePartyChamberDistrict
Kristen ThompsonPrimary sponsorRepublicanSenate22
Kyle HilbertPrimary sponsorRepublicanHouse29

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Placed on General Order
  2. Title stricken
  3. Reported Do Pass, amended by committee substitute Business and Insurance committee; CR filed
  4. Coauthored by Representative Hilbert (principal House author)
  5. Second Reading referred to Business and Insurance
  6. Authored by Senator Thompson
  7. First Reading

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source