Main Street Capital Access Act
Introduced Jan 7, 2026 by Rep. J. French Hill
The House passed it. The Senate has to pass it before it can reach the President.
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.
Read the full summary on Congress.govSummary by the Congressional Research Service.
- Jul 22, 2026Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jul 21, 2026Motion to reconsider laid on the table Agreed to without objection.
- Jul 21, 2026On 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, 2026Passed/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, 2026On motion to recommit Failed by the Yeas and Nays: 210 - 216 (Roll no. 270).
- Jul 21, 2026Considered as unfinished business. (consideration: CR H5018-5019)
- Jul 21, 2026POSTPONED 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, 2026The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- Jul 21, 2026Ms. Garcia (TX) moved to recommit to the Committee on Financial Services. (text: CR H4731)
- Jul 21, 2026The previous question was ordered pursuant to the rule.
- Jul 21, 2026DEBATE - The House proceeded with one hour of debate on H.R. 6955.
- Jul 21, 2026Rule 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, 2026Considered under the provisions of rule H. Res. 1438. (consideration: CR H4707-4731)
- Jul 20, 2026Rules 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.
- Apr 20, 2026Placed on the Union Calendar, Calendar No. 535.
- Apr 20, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617.
- Mar 4, 2026Ordered to be Reported by the Yeas and Nays: 26 - 16.
- Mar 4, 2026Committee Consideration and Mark-up Session Held
- Jan 7, 2026Referred to the House Committee on Financial Services.
- Jan 7, 2026Introduced in House