Congress 119 - HR 6955 - Main Street Capital Access Act

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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 Corporate finance and management Credit and credit markets Currency Data collection, sharing, protection Economic performance and conditions Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Finance and Financial Sector Financial crises and stabilization Financial services and investments Foreign and international banking Fraud offenses and financial crimes Government ethics and transparency, public corruption Government information and archives Government lending and loan guarantees Government studies and investigations Judicial review and appeals Monetary policy National Credit Union Administration Performance measurement Rural conditions and development User charges and fees

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Votes

Summary

Main Street Capital Access Act or the Main Street Act

This 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 banks, and other regulated activities.

Actions

Jul 22, 2026

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 21, 2026

Motion to reconsider laid on the table Agreed to without objection.
Jul 21, 2026

On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271). (text of amendment in the nature of a substitute: CR H4708-4722)
Jul 21, 2026

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271).
Jul 21, 2026

On motion to recommit Failed by the Yeas and Nays: 210 - 216 (Roll no. 270).
Jul 21, 2026

Considered as unfinished business. (consideration: CR H5018-5019)
Jul 21, 2026

POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 6955, the Chair put the question on motion to recommit and by voice vote, announced that the noes had prevailed. Ms. Garcia (TX) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Jul 21, 2026

The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Jul 21, 2026

Ms. Garcia (TX) moved to recommit to the Committee on Financial Services. (text: CR H4731)
Jul 21, 2026

The previous question was ordered pursuant to the rule.
Jul 21, 2026

DEBATE - The House proceeded with one hour of debate on H.R. 6955.
Jul 21, 2026

Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.
Jul 21, 2026

Considered under the provisions of rule H. Res. 1438. (consideration: CR H4707-4731)
Jul 21, 2026

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271). (text of amendment in the nature of a substitute: CR H4708-4722)
Jul 21, 2026

On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271).
Jul 21, 2026

Considered as unfinished business.
Jul 21, 2026

Ms. Garcia (TX) moved to recommit to the Committee on Financial Services.
Jul 21, 2026

Considered under the provisions of rule H. Res. 1438.
Jul 20, 2026

Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.
Jul 20, 2026

Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit H.R. 8800, H.R. 8844, H.R. 7008, H.R. 6955, and H.R. 9770.
Apr 20, 2026

Placed on the Union Calendar, Calendar No. 535.
Apr 20, 2026

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617.
Mar 4, 2026

Ordered to be Reported by the Yeas and Nays: 26 - 16.
Mar 4, 2026

Committee Consideration and Mark-up Session Held
Jan 7, 2026

Referred to the House Committee on Financial Services.
Jan 7, 2026

Introduced in House

Amendments

Related Bills