In a significant move on Wednesday, Governor Jared Polis vetoed three bills, bringing his total to 12 vetoed measures this year—surpassing his previous record set in 2025. Notably, one of the rejected bills was aimed at preventing credit card companies from imposing swipe fees on sales taxes starting in 2028. The Electronic Payments Coalition, a trade group representing credit card companies, reportedly invested $6 million in ads and hired lobbyists, including former Congressman Ed Perlmutter, to oppose Senate Bill 134. They argued that the bill would threaten the credit card industry’s operations in Colorado and disrupt merchant transactions.
The controversy surrounding Senate Bill 134 garnered attention as retailers expressed concerns about the financial burden of swipe fees, which can range from 1% to 4% of a customer’s total bill. Colorado merchants paid $2.1 billion in swipe fees in 2024 alone, with local businesses responsible for $218 million specifically on sales taxes. Advocates for the measure included small business owners, who argued it was unjust to pay fees simply for collecting sales tax on behalf of the government.
Governor Polis, who had remained noncommittal during the legislative session, ultimately vetoed the bill, citing its potential legal risks and limited benefits to small businesses. He expressed concern over its implications for Colorado’s business environment in a public letter.
Additionally, Polis vetoed Senate Bill 184, which aimed to expand the list of cancers considered occupational diseases for firefighters. Although the measure received support from the Colorado Professional Firefighters Association and passed with bipartisan votes, it faced opposition from local governments wary of increased workers’ compensation costs. The governor articulated his concerns that the bill would deter fire departments from participating in the existing cancer trust fund, which has streamlined claim processes for firefighters.
The third measure vetoed was Senate Bill 5, which would have allowed Colorado residents to sue federal immigration agents for constitutional violations. Polis expressed apprehension about the bill’s narrow focus and potential legal repercussions, arguing for a broader approach to protect all constitutional rights, not just those related to immigration enforcement. This veto drew criticism from proponents, including State Senator Mike Weissman, who termed the governor’s decision a disservice to vulnerable communities.
As Governor Polis faces mounting scrutiny for his decisions, he has until June 12 to consider additional legislation that has passed during this session. Observers anticipate that more vetoes could be forthcoming as the governor navigates complex issues affecting small businesses, firefighters, and immigration policy in Colorado.
