Community Bank Relief Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7484 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 7484

To amend the Electronic Fund Transfer Act to adjust certain thresholds 
                             for inflation.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 11, 2026

   Mr. Barr introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To amend the Electronic Fund Transfer Act to adjust certain thresholds 
                             for inflation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Community Bank Relief Act''.

SEC. 2. REASONABLE FEES AND RULES FOR PAYMENT CARD TRANSACTIONS.

    Section 921(a)(6) of the Electronic Fund Transfer Act (15 U.S.C. 
1693o-2(a)(6)) is amended--
            (1) by redesignating subparagraph (B) as subparagraph (C); 
        and
            (2) by inserting after subparagraph (A) the following:
                    ``(B) Inflation adjustments.--
                            ``(i) In general.--Except as provided in 
                        clause (ii), not later than July 1, 2026, and 
                        not later than January 15 of every year 
                        thereafter, the amount described in 
                        subparagraph (A) shall be adjusted by the 
                        annual percentage increase in the Consumer 
                        Price Index for the month of October.
                            ``(ii) Exception.--Prior to the first 
                        adjustment made under clause (i), the Board 
                        shall adjust the amount described in 
                        subparagraph (A) by the percentage by which--
                                    ``(I) the Consumer Price Index for 
                                October 2025, exceeds
                                    ``(II) the Consumer Price Index for 
                                October 2009.''.
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