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US HB7484
Bill
Status
2/11/2026
Primary Sponsor
Garland Barr
Click for details
AI Summary
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Amends Section 921(a)(6) of the Electronic Fund Transfer Act to require inflation adjustments to the asset threshold that exempts small issuers from debit card interchange fee regulations
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Requires the Federal Reserve Board to make an initial one-time adjustment by July 1, 2026, based on the percentage increase in the Consumer Price Index between October 2009 and October 2025
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Mandates annual inflation adjustments thereafter by January 15 of each year, based on the annual percentage increase in the Consumer Price Index for the month of October
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Introduced by Rep. Barr on February 11, 2026, and referred to the House Committee on Financial Services
Legislative Description
Community Bank Relief Act
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
2/11/2026