This bill aims to clarify federal interest rate exportation parity for state-chartered financial institutions by allowing states to opt out of federal preemption on interest rates. However, this opt-out authority is specifically limited to loans made by institutions chartered by that particular state , rather than applying to all lenders operating within its borders. The legislation amends both the Federal Deposit Insurance Act and the Federal Credit Union Act to implement this change. A key provision is the repeal of Section 525 of the Depository Institutions Deregulation and Monetary Control Act of 1980 , which previously permitted states to opt out of federal interest rate preemption more broadly. These changes ensure that state control over interest rates is focused on their own chartered institutions, affecting how existing state opt-out laws are applied.