Main Street Capital Access Act
U.S. Congress · HR6955 ·
Progression
Timing in context
Primary sponsor's contributions received (same period)
Adjacency in time is shown for context; it is not evidence of cause. Funded ≠ false — see the methodology.
What the bill says
Introduced 2026-01-07. Latest action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary (plain-language)
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.
Sponsors
- J. French Hill (primary)
- Andy Barr
- Ken Calvert
- Byron Donalds
- Monica De La Cruz
- Warren Davidson
- Troy Downing
- Tom Emmer
- Scott Fitzgerald
- Mike Flood
- Julie Fedorchak
- Andrew R. Garbarino
- Bill Huizenga
- Mike Haridopolos
- Young Kim
- Mike Kennedy
- Brad Knott
- Frank D. Lucas
- Barry Loudermilk
- Michael Lawler
- Lisa C. McClain
- Daniel Meuser
- Tim Moore
- Ralph Norman
- Zachary Nunn
- Andrew Ogles
- John W. Rose
- Maria Elvira Salazar
- Pete Sessions
- Marlin A. Stutzman
- Bryan Steil
- William R. Timmons IV
- Ann Wagner
- Roger Williams
Text versions
What analysts say
Committee reports
What politicians say
No linked claims or utterances yet — no one on record has cited this measure to justify a public argument.
Action History
| Date | Action |
|---|---|
| 2026-07-22 | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| 2026-07-21 | Considered under the provisions of rule H. Res. 1438. (consideration: CR H4707-4731) |
| 2026-07-21 | 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. |
| 2026-07-21 | DEBATE - The House proceeded with one hour of debate on H.R. 6955. |
| 2026-07-21 | The previous question was ordered pursuant to the rule. |
| 2026-07-21 | Ms. Garcia (TX) moved to recommit to the Committee on Financial Services. (text: CR H4731) |
| 2026-07-21 | The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX. |
| 2026-07-21 | 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. |
| 2026-07-21 | Considered as unfinished business. (consideration: CR H5018-5019) |
| 2026-07-21 | On motion to recommit Failed by the Yeas and Nays: 210 - 216 (Roll no. 270). |
| 2026-07-21 | Passed/agreed to in House: On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271). |
| 2026-07-21 | 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) |
| 2026-07-21 | Motion to reconsider laid on the table Agreed to without objection. |
| 2026-07-20 | 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. |
| 2026-04-20 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617. |
| 2026-04-20 | Placed on the Union Calendar, Calendar No. 535. |
| 2026-03-04 | Committee Consideration and Mark-up Session Held |
| 2026-03-04 | Ordered to be Reported by the Yeas and Nays: 26 - 16. |
| 2026-01-07 | Introduced in House |
| 2026-01-07 | Referred to the House Committee on Financial Services. |