HR 7484 · 119th Congress

Community Bank Relief Act

This bill makes a technical adjustment to banking regulations by updating dollar thresholds in the Electronic Fund Transfer Act to keep pace with inflation. Specifically, it requires the Federal Reserve Board to adjust certain financial thresholds based on the Consumer Price Index (a standard measure of inflation) s…

Sponsor

Barr, Andy (R-Kentucky)

Introduced

2026-02-11

Policy area

Finance and Financial Sector

Latest action

Referred to the House Committee on Financial Services.