To restore and clarify the intent of the Federal interest rate exportation parity for State-chartered banks by allowing States to opt out of preemption only with respect to loans made by their own chartered institutions, and for other purposes.

3/10/2026, 8:05 AM

Summary of Bill HR 7866

The bill, designated as H.R. 7866 in the 119th Congress, aims to restore and clarify the Federal interest rate exportation parity for State-chartered banks by permitting States to opt out of preemption solely for loans issued by their own chartered institutions.

Current Status of Bill HR 7866

Bill HR 7866 is currently in the status of Bill Introduced since March 9, 2026. Bill HR 7866 was introduced during Congress 119 and was introduced to the House on March 9, 2026. Bill HR 7866's most recent activity was Referred to the House Committee on Financial Services. as of March 9, 2026

Bipartisan Support of Bill HR 7866

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7866

Primary Policy Focus

Alternate Title(s) of Bill HR 7866

To restore and clarify the intent of the Federal interest rate exportation parity for State-chartered banks by allowing States to opt out of preemption only with respect to loans made by their own chartered institutions, and for other purposes.