National Federation of Independent Business filed 1 comment on this docket between May 21, 2026 and May 21, 2026. 5 other organizations filed here. The comment window closed 60d ago.
National Federation of Independent Business (NFIB) comment letter of May 18, 2026, in response to Department of the Treasury Office of the Comptroller of the Currency Notice titled "Order Preempting the Illinois Interchange Fee Prohibition Act," Docket OCC-2026-0431, 91 Fed. Reg. 23150 (April 29, 2026), is attached.
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.
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