Credit sales; prohibiting charge of network fees and interchange fees on certain transactions. Effective date.

SB 1095 prohibits merchants from charging network fees or interchange transaction fees on specific parts of credit card transactions in Oklahoma. It directly affects merchants processing payments for sales tax, excise tax, customer tips, and donations to 501(c)(3) nonprofit organizations. The bill bans these fees for those transaction portions, ensuring merchants cannot pass these costs to customers for these specific purposes. The law takes effect November 1, 2025. This is a concrete policy change to reduce costs for certain transaction types, not a procedural or commemorative measure.