KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB1215 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Alaina Shonkwiler
Last action
2026-01-20
Official status
Introduced House Bill (H)
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details on the exact fee limits, nor does it specify how this will affect small charities or specific types of donations.

Regulation of Interchange Fees for Charitable Contributions

This bill stops payment card networks from setting interchange fees based on how other banks charge charities, unless those fees meet certain limits.

What This Bill Does

  • Prohibits payment card networks from establishing fee schedules that they know or reasonably should know have been used by at least one issuer to determine the amount of an interchange fee for charitable contributions, unless these fees do not exceed certain amounts.

Who It Names or Affects

  • Payment card networks
  • Banks issuing credit cards
  • Charities receiving donations through electronic payments

Terms To Know

Interchange fee
The cost charged by a bank to another bank when someone uses their card for a transaction.
Payment card network
Companies like Visa and Mastercard that connect banks and merchants so people can use credit cards.

Limits and Unknowns

  • The bill does not specify the exact amount of fees that are allowed.
  • It is unclear how this will affect small charities or specific types of donations.

Bill History

  1. 2026-01-20 House

    Representatives King, Criswell added as coauthors

  2. 2026-01-05 House

    Authored by Representative Shonkwiler

  3. 2026-01-05 House

    First reading: referred to Committee on Financial Institutions

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.
Regulation of interchange fees.

Current Bill Text

Read the full stored bill text 
A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

Regulation of interchange fees.

Prohibits a payment card network from taking certain actions with respect to electronic payment transactions. Prohibits a payment card network from establishing, putting forward, or implementing a fee schedule that the payment card network knows or reasonably should know has been used by at least one issuer other than the payment card network to determine the amount of an interchange fee received or charged with respect to a charitable contribution, unless the interchange fee does not exceed certain amounts. Provides that a person that alleges damages arising from a payment card network's violation of certain provisions has a cause of action against the payment card network.