Lawmakers Propose Inflation Adjustments for Small Bank Debit Fee Caps

February 11 – February 12, 2026

The Bottom Line

Senators Ted Cruz and Katie Britt introduced S. 3849 and Representative Barr introduced H.R. 7484 to raise the $10 billion asset limit that exempts small banks from debit card fee caps. This change would adjust the threshold for inflation so community banks can continue charging higher fees to cover their costs. Both bills are currently in the early stages of the legislative process in their respective chambers.

Policies— 2 policys

S. 3849 and H.R. 7484 are companion bills, which are identical versions of the same legislation introduced in both the Senate and the House. This allows lawmakers in both chambers to work on the proposal at the same time to help it pass more quickly.

Banking: Inflation Adjustments for Community Bank Rules

S. 3849

Banking: Updating Small Bank Fee Rules for Inflation

H.R. 7484

1 Article

Cruz, Britt Seek to Raise Debit Card Fee Cap for Smaller Banks

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