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The bill introduced in the 119th Congress, designated as S. 3849, aims to amend the Electronic Fund Transfer Act by making adjustments to specific inflation thresholds. The legislation focuses on updating regulations related to electronic fund transfers in response to inflationary changes, although specific details regarding the adjustments or provisions are not provided in the context. Introduced on February 11, 2026, the bill addresses modifications to thresholds within the Act to ensure its alignment with current economic conditions.
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