Relating to anticompetitive and other unlawful practices and to certain required disclosures relating to credit card transactions; providing a civil penalty.

SB 2056 regulates fees charged in credit card transactions for large financial institutions in Texas. It prohibits credit card issuers with over $85 billion in assets from fixing swipe fees (which include interchange and assessment fees) with other issuers or networks, and requires them to disclose these fees clearly on cardholders' monthly statements. Payment card networks are also barred from fixing fees, penalizing merchants who offer discounts for cash/debit payments, or charging disputed transaction fees without written notice. The bill directly affects major credit card companies and payment networks, while requiring transparency for cardholders and merchants regarding transaction fees.