# 119-s-3889: American Lending Fairness Act of 2026

119-s-3889, American Lending Fairness Act of 2026, is a 119th Congress bill sponsored by Sen. Moreno, Bernie [R-OH] (R-OH); status introduced; PRIA reads it as touching household money (as of 2026-10-03).

- Canonical: https://policyrisk.com/legislation/119-s-3889
- As of: 2026-10-03
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3889
- Congress: 119
- Title: American Lending Fairness Act of 2026
- Status: introduced
- Introduced: 2026-02-12
- Sponsor: Sen. Moreno, Bernie [R-OH] (R-OH)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-10-03

## Summary

This bill would let states choose that loans made by their own state-chartered banks and credit unions be governed by state law instead of federal preemption. It centers on **state control over loan terms for state‑chartered lenders**. - States could adopt laws or certify voter measures to opt their own state‑chartered lenders out of federal preemption, letting state law govern those in‑state loans. - State‑chartered banks and credit unions would have loans they make after adoption or certification treated under their state’s rules rather than the federal preemption. - Borrowers in states that opt out could see loan terms change, potentially including interest‑rate rules and other contract terms for loans from state‑chartered institutions. - The bill covers earlier state actions taken under the 1980 Depository Institutions Deregulation and Monetary Control Act, so the change applies retroactively to those cases.

## Cosponsors (1)

- Sen. Lee, Mike [R-UT] (R-UT), 2026-09-29T00:00:00.000Z

## Provisions PRIA read

- States can opt out for local lenders: mixed, medium. If enacted, this bill would let a State opt out of a federal preemption for loans made by banks and credit unions chartered in that State. The State must adopt a law or certify that voters explicitly approved opting out. The opt-out would apply only to loans made by, or committed to by, those state…

## Related bills

- 119-s-4952: Protecting American Taxpayers Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-5097: End H–1B Visa Abuse Act of 2026
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-3752: SAVE America Act
- 119-s-1151: Accountability Through Electronic Verification Act

## Sources
- [119-s-3889 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3889)

## Related
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-5097: End H–1B Visa Abuse Act of 2026](https://policyrisk.com/legislation/119-s-5097)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-1151: Accountability Through Electronic Verification Act](https://policyrisk.com/legislation/119-s-1151)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3889 (as of 2026-10-03).