United States of America: Bill on online transaction fee disclosure requirements (SB 430) was adopted by Oregon Legislative Assembly

On 3 June 2025, the Oregon Legislative Assembly adopted the B-engrossed version of Senate Bill 430, incorporating Senate amendments of 18 April 2025 and House amendments of 23 May 2025. The bill prohibits any person offering or selling goods or services online from advertising, displaying, or offering a price that excludes mandatory fees or charges required to complete a transaction, other than taxes imposed by governmental bodies, reasonable shipping charges actually incurred, or a service fee calculated according to distance or a purchaser’s selections, provided such service fee is prominently disclosed before payment. A violation is classified as an unlawful practice under the Unlawful Trade Practices Act, codified in Oregon Revised Statutes (ORS) 646.608, which was amended accordingly. Exemptions apply to financial institutions, mortgage bankers, mortgage brokers, and licensees subject to disclosure obligations under federal statutes 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 rules. The provisions apply to transactions concluded on or after the effective date of the Act.