Bank Policy Institute
OCCNonrulemakingOCC-2026-0431

Order Preempting the Illinois Interchange Fee Prohibition Act

RIN
Last modified
Jun 25, 2026
Comment window
closed 60d ago
Bank Policy Institute filings
1

Activity

Bank Policy Institute filed 1 comment on this docket between Jun 24, 2026 and Jun 24, 2026. 5 other organizations filed here. The comment window closed 60d ago.

What Bank Policy Institute filed (1)

Jun 24, 2026· Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and The Clearing House· OCC-2026-0431-0186

Please find comments attached on behalf of the Bank Policy Institute, Consumer Bankers Association, Financial Services Forum and the Clearing House.

Abstract

The OCC is issuing an interim final order concluding that Federal law preempts the Illinois Interchange Fee Prohibition Act, which purports to (1) prohibit national banks and Federal savings associations from charging or receiving interchange fees on the tax and gratuity portions of payment card transactions; and (2) restrict the use of payment card transaction data.

View on regulations.gov →