American Lending Fairness Act of 2026

Hozzl · 2026-03-02T15:25:15Z

Explore the details of Senate Bill 3889 American Lending Fairness Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/2/2026, 3:25 PM

Summary of Bill S 3889

The bill introduced in the 119th Congress with designation S. 3889 on February 12, 2026, aims to restore and clarify the Federal interest rate exportation parity for State-chartered banks. It proposes to allow States the option to opt out of preemption exclusively concerning loans issued by their own chartered institutions, along with other related purposes.

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Current Status of Bill S 3889

Bill S 3889 is currently in the status of Bill Introduced since February 12, 2026. Bill S 3889 was introduced during Congress 119 and was introduced to the Senate on February 12, 2026. Bill S 3889's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 12, 2026

Bipartisan Support of Bill S 3889

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3889

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3889

American Lending Fairness Act of 2026

A bill 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.