Bill · H.R. 7484· House(119-HR-7484)
Community Bank Relief Act
- Introduced
- 2/11/2026
- Last activity
- 2/11/2026 — Referred to the House Committee on Financial Services.
- Sponsored by
- Andy Barr
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the Community Bank Relief Act, seeks to amend the Electronic Fund Transfer Act. The primary purpose is to adjust certain thresholds for inflation. It mandates specific inflation adjustments for the amount described in subparagraph (A). These adjustments are tied to the Consumer Price Index. The bill establishes a timeline for these annual adjustments starting in 2026.
Yes
Does this make it easier to run a small business?+3
The bill allows financial thresholds to keep pace with inflation, which can reduce the regulatory burden on community banks and small businesses.
Would households on low incomes be better off under this?+1
Adjusting thresholds for inflation helps ensure that financial protections and rules remain relevant as prices rise.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Inflation Adjustments: The bill requires the amount described in subparagraph (A) to be adjusted by the annual percentage increase in the Consumer Price27 Price Index for the month of October. This ensures that thresholds keep pace with inflation (Section 2).
-
Initial Adjustment Provision: Prior to the regular annual adjustments, the Board will adjust the amount based on the percentage by which the Consumer Price Index for October 2025 exceeds the Consumer Price Index for October 2009 (Section 2).
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+3
- Demographic And Interest Groups
- Good For Low Income Households+1
- 3/26/2026
- 1 Cosponsor added.
- 2/11/2026
- Referred to the House Committee on Financial Services.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Derek SchmidtRepublican · Kansas