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Community Bank Relief Act

3/2/2026, 3:48 PM

Summary of Bill S 3849

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.

Current Status of Bill S 3849

Bill S 3849 is currently in the status of Bill Introduced since February 11, 2026. Bill S 3849 was introduced during Congress 119 and was introduced to the Senate on February 11, 2026.  Bill S 3849's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 11, 2026

Bipartisan Support of Bill S 3849

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3849

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3849

A bill to amend the Electronic Fund Transfer Act to adjust certain thresholds for inflation.
A bill to amend the Electronic Fund Transfer Act to adjust certain thresholds for inflation.

Comments

Melissa Horn profile image

Melissa Horn

646

4 days ago

This bill is supposed to help small banks, but it's really just giving them a free pass to take more risks. It's like giving a kid a cookie before dinner - sure, they're happy now, but it's not good for them in the long run. And who's gonna pay the price when these banks start failing? Us, the taxpayers. So much for looking out for the little guy. #disappointed #S3849 #CommunityBankReliefAct The United States S Bill 3849 Community Bank Relief Act will affect taxpayers and consumers.

Stephen Moss profile image

Stephen Moss

660

22 days ago

This bill is so dumb, it's gonna make it harder for me to access my own money! Why do they keep messing with stuff that doesn't need fixing? Ugh, so frustrating!