HR6955: Main Street Capital Access Act
119th Congress (2025–2027) · House bill · Sponsor: Rep. Hill, J. French [R-AR-2]
119th Congress (2025–2027) · House bill · Sponsor: Rep. Hill, J. French [R-AR-2]
| Item | Detail |
|---|---|
| Roll-call votes | 2 |
| Chamber | House |
| Latest vote | 2026-07-21: Passed |
| Latest action | 2026-07-22: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Policy area | Finance and Financial Sector |
| Official record | Congress.gov |
Main Street Capital Access Act or the Main Street ActThis bill lessens and otherwise modifies banking regulations, including those regarding institution formation, supervision by federal financial regulators, and bank merger requirements. Under the bill, new banks have a three-year phase-in period to meet certain capital requirements. The bill also reduces the leverage ratio for certain rural community banks. Financial regulators must (1) tailor regulatory actions to limit burdens on financial institutions and must consider the institutions' risk profiles and business models, and (2) review their regulations more frequently and expand the scope of these reviews. The bill eases requirements regarding bank mergers, for example, by allowing financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic. The bill increases the dollar asset thresholds for various fees, reporting requirements, and other regulatory requirements so that more financial companies and banks are exempt from these requirements. For example, the bill increases the total asset threshold above which financial holding companies need Federal Reserve Board approval to acquire a company, thereby allowing for more acquisitions without board approval. The bill also raises certain asset thresholds so as to allow additional small bank holding companies to operate with higher debt levels and additional small banks to qualify for a longer examination cycle. The bill also provides flexibilities regarding the use of reciprocal deposits, the resolution of failed…
Subjects: Accounting and auditing, Administrative law and regulatory procedures, Administrative remedies, Advisory bodies, Bank accounts, deposits, capital, Banking and financial institutions regulation, Business ethics, Business records, Congressional oversight, Consumer Financial Protection Bureau
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2026-07-21 | House | Yea-and-Nay | Passed | 270 | 155 | 6 | Official tally |
| 2026-07-21 | House | Yea-and-Nay | Failed | 210 | 216 | 5 | Official tally |
HR6955 (Main Street Capital Access Act) was introduced in the 119th Congress (2025–2027) by Rep. Hill, J. French [R-AR-2].
On 2026-07-22: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2 recorded votes in the 119th Congress. The most recent, on 2026-07-21, was "Yea-and-Nay": Passed.