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Community Bank Regulatory Relief: Higher Financial Thresholds

This act raises financial thresholds that determine which regulations banks and credit unions are subject to. This means smaller financial institutions will face fewer administrative burdens, potentially leading to easier access to services and loans for citizens. These thresholds will also be regularly adjusted for economic growth.
Key points
Smaller banks and credit unions will be subject to less stringent regulations, which may reduce their operating costs.
The changes could make it easier for local financial institutions to offer services and loans, potentially benefiting customers.
All financial thresholds will be automatically updated every five years to reflect changes in the economy.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_7056
Sponsor: Rep. Barr, Andy [R-KY-6]
Process start date: 2026-01-14
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Community Bank Regulatory Tailoring Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_7056.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2026-01-14.

What are the main provisions?

Key points include:

  • Smaller banks and credit unions will be subject to less stringent regulations, which may reduce their operating costs.
  • The changes could make it easier for local financial institutions to offer services and loans, potentially benefiting customers.
  • All financial thresholds will be automatically updated every five years to reflect changes in the economy.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Barr, Andy [R-KY-6].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 21.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-19.

CATEGORIES

Economy