United States of America: Bill on online transaction fee disclosure requirements (SB 430) enters into force

On 1 January 2026, Senate Bill 430, as adopted in its B-engrossed version by the Oregon Legislative Assembly, enters into effect. The Act prohibits any person offering or selling goods or services online from advertising, displaying, or offering a price for goods or services that does not include all fees or charges a purchaser must pay to complete the transaction, other than taxes or fees imposed by governmental bodies, reasonable charges actually incurred to ship the goods or provide the services, or a service fee calculated according to distance or a purchaser’s selections, provided that such service fee is prominently disclosed before agreement to payment. A violation constitutes an unlawful practice under the Unlawful Trade Practices Act, set out in Oregon Revised Statutes (ORS) 646.608, which is amended by this legislation to include the new prohibition. Exemptions apply to financial institutions, mortgage bankers, mortgage brokers, and licensees required to provide disclosures under federal laws including the Truth in Savings Act, the Electronic Fund Transfer Act, the Truth in Lending Act, the Real Estate Settlement Procedures Act, and the Home Ownership and Equity Protection Act, as well as broadband internet access providers compliant with federal broadband consumer labelling and disclosure requirements.