Illinois lawmakers vote to push back the effective date of the state’s Interchange Fee Prohibition Act, delaying a ban on interchange fees for the tax and tip portions of certain card transactions. Multiple outlets report the legislature moves the date to July 1, 2027, rather than July 1, 2026. The delay comes as merchants and banks continue to litigate over the law. The change is included in legislation moving through the state process; PYMNTS.com notes it is part of a bill identified as SB3645. The law’s implementation timing depends on whether the governor signs the bill. American Banker characterizes the action as the second delay of the measure, indicating the dispute has already resulted in an earlier postponement. Overall, the sources agree that the legislative action extends the period during which the challenged fee treatment remains in place while court proceedings continue. Both outlets frame the delay as a procedural step that postpones the prohibition rather than changing the underlying concept of the act.