Colorado governor vetoes bill to restrict interchange fees
Colorado Gov. Jared Polis vetoed legislation to prohibit the collection of interchange fees for sales taxes, saying it presented too ...
Tag: National Bank Act
Court rules federal law preempts Illinois interchange law
A federal court ruled that an Illinois law restricting the collection of interchange fees is preempted by federal law for ...
ABA, associations reaffirm support for federal preemption of Illinois interchange law
ABA joined other national associations and state bankers associations in submitting a trio of letters expressing their support for recent ...
OCC: Court should reverse Illinois interchange fee decision
The OCC is urging a federal court to reverse its decision upholding Illinois restrictions on interchange fees in light of ...
ABA, plaintiffs urge court to overturn Illinois interchange fee law
Recent actions by the OCC make clear that federal law preempts an Illinois law restricting interchange fees, so a federal ...
OCC’s Gould defends agency actions on federal exemption, charter approvals
As more states weigh laws to restrict interchange fees, the OCC will continue to defend federal preemption in courtrooms "as ...
OCC finalizes rules citing federal preemption of state interest-on-escrow laws
The OCC finalized two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts. ...
Appeals court rules New York interest-on-escrow law preempted by federal law
A federal appeals court ruled that New York State’s interest-on-escrow law is preempted by the National Bank Act, with the ...
OCC finalizes revised chartering rules for national trust institutions
The OCC has finalized a rule that amends its chartering regulations to clarify that national banks with trust powers are ...
ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase ...
