[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3849 Introduced in Senate (IS)]
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119th CONGRESS
2d Session
S. 3849
To amend the Electronic Fund Transfer Act to adjust certain thresholds
for inflation.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
February 11, 2026
Mr. Cruz (for himself and Mrs. Britt) introduced the following bill;
which was read twice and referred to the Committee on Banking, Housing,
and Urban Affairs
_______________________________________________________________________
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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