In Colorado, Governor Jared Polis vetoed the Interchange Fee Prohibition Act, a bill aimed at capping fees charged by payment card networks like Visa and Mastercard. The bill sought to restrict credit card interchange fees to reduce costs for merchants and consumers.

Supporters argued the bill would protect businesses and consumers from high fees, while opponents, including payment networks, contended it could disrupt payment systems and increase costs elsewhere. The veto raises questions about the balance between regulating payment fees and maintaining a stable payment infrastructure.

The governor's veto leaves the bill's future uncertain as stakeholders continue to debate its impact.