Federal judge partially blocks Illinois banning swipe fees on taxes and tips – WGEM (Quincy)

Judge Virginia Kendall, a federal judge in the U.S. District Court for the Northern District of Illinois, found the Illinois Bankers Association “demonstrated likelihood of success” in their arguments as the case moves forward that the state cannot impose the law on nationally chartered banks or federal savings association. She did not, however, include credit card companies or banks chartered in Illinois. That means, as of right now, the state can enforce the law on those institutions starting next July.