Restores and clarifies federal interest rate exportation parity for state-chartered banks, allowing states to opt out for their own institutions.
The American Lending Fairness Act of 2026 aims to restore and clarify the federal interest rate exportation parity for state-chartered banks. It allows states to opt out of federal preemption for loans made by their own chartered institutions. This means that if a state adopts a law or certifies voter approval to exempt state-chartered banks from federal interest rate regulations, those banks can operate under state laws instead.
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