An Illinois law banning “swipe fees” on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
U.S. District Judge Virginia Kendall issued the injunction just hours after the General Assembly approved a further one-year delay to the Interchange Fee Prohibition Act before adjourning its spring session.
The Illinois law would have prohibited financial institutions from applying the fee to the tax and tip portion of bills.
