Main Street Act
- Introduced Jan 7
- Committee Jan 7
- Passed House Jul 21
- Passed Senate Next
- To President Not yet
- Law Not yet
Where it stands
Passed House, Jul 21, 2026Next: Senate vote
98d ago Jul 22, 2026: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Final votes
House 270-155
2 roll calls on this bill
Who backs the bill and who pushes back Subscribe
Companies lobbying on this bill
2 companiesCompanies by sector
Financials 2
Search all 2 companies, their asks and price moves Subscribe
Votes
House roll 271
On Passage
R 213-1 D 56-154 I 1-0
270-155
Passed
Procedural votes1
House roll 270
On Motion to Recommit
R 0-214 D 210-1 I 0-1
210-216
Failed
Member trades
Member trades around the votes Subscribe
Summary
Main Street Capital Access Act or the Main Street Act
Full summary6 paragraphs
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.
Library of Congress summary, Apr 20, 2026
Summary versions
- Reported to HouseApr 20, 2026
Actions
- SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Jul 22, 2026
- HouseMotion to reconsider laid on the table Agreed to without objection.Jul 21, 2026
- HouseOn 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
- HouseOn motion to recommit Failed by the Yeas and Nays: 210 - 216 (Roll no. 270).Jul 21, 2026
- HouseConsidered as unfinished business. (consideration: CR H5018-5019)Jul 21, 2026
- HousePOSTPONED 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
- HouseThe previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.Jul 21, 2026
- HouseMs. Garcia (TX) moved to recommit to the Committee on Financial Services. (text: CR H4731)Jul 21, 2026
- HouseThe previous question was ordered pursuant to the rule.Jul 21, 2026
- HouseDEBATE - The House proceeded with one hour of debate on H.R. 6955.Jul 21, 2026
- HouseRule 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
- HouseConsidered under the provisions of rule H. Res. 1438. (consideration: CR H4707-4731)Jul 21, 2026
All actions19
- HouseRules 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
- HouseReported (Amended) by the Committee on Financial Services. H. Rept. 119-617.Apr 20, 2026
- HousePlaced on the Union Calendar, Calendar No. 535.Apr 20, 2026
- HouseCommittee Consideration and Mark-up Session HeldMar 4, 2026
- HouseOrdered to be Reported by the Yeas and Nays: 26 - 16.Mar 4, 2026
- HouseIntroduced in HouseJan 7, 2026
- HouseReferred to the House Committee on Financial Services.Jan 7, 2026
Bill record
Text versions4
- Referred in SenateJul 22, 2026PDF: Referred in Senate
- Engrossed in HouseJul 21, 2026PDF: Engrossed in House
- Reported in HouseApr 20, 2026PDF: Reported in House
- Introduced in HouseJan 7, 2026PDF: Introduced in House
Committees2
- Senate Banking, Housing, and Urban Affairs CommitteeReferred To Jul 22, 2026
- House Financial Services CommitteeReported By Apr 20, 2026Markup By, Mar 4, 2026Referred To, Jan 7, 2026
Sponsor and cosponsors33 cosponsors
- Rep. J. Hill (R-AR-2)Sponsor, Jan 7, 2026
- Andrew Garbarino (R-NY-2)OriginalJoined Jan 7, 2026
- Andrew Ogles (R-TN-5)OriginalJoined Jan 7, 2026
- Andy Barr (R-KY-6)OriginalJoined Jan 7, 2026
- Ann Wagner (R-MO-2)OriginalJoined Jan 7, 2026
- Barry Loudermilk (R-GA-11)OriginalJoined Jan 7, 2026
- Bill Huizenga (R-MI-4)OriginalJoined Jan 7, 2026
- Bryan Steil (R-WI-1)OriginalJoined Jan 7, 2026
- Byron Donalds (R-FL-19)OriginalJoined Jan 7, 2026
- Daniel Meuser (R-PA-9)OriginalJoined Jan 7, 2026
- Frank Lucas (R-OK-3)OriginalJoined Jan 7, 2026
- John Rose (R-TN-6)OriginalJoined Jan 7, 2026
- Lisa McClain (R-MI-9)OriginalJoined Jan 7, 2026
- Maria Salazar (R-FL-27)OriginalJoined Jan 7, 2026
- Marlin Stutzman (R-IN-3)OriginalJoined Jan 7, 2026
- Michael Lawler (R-NY-17)OriginalJoined Jan 7, 2026
- Mike Flood (R-NE-1)OriginalJoined Jan 7, 2026
- Mike Haridopolos (R-FL-8)OriginalJoined Jan 7, 2026
- Monica De La Cruz (R-TX-15)OriginalJoined Jan 7, 2026
- Pete Sessions (R-TX-17)OriginalJoined Jan 7, 2026
- Ralph Norman (R-SC-5)OriginalJoined Jan 7, 2026
- Roger Williams (R-TX-25)OriginalJoined Jan 7, 2026
- Scott Fitzgerald (R-WI-5)OriginalJoined Jan 7, 2026
- Tim Moore (R-NC-14)OriginalJoined Jan 7, 2026
- Tom Emmer (R-MN-6)OriginalJoined Jan 7, 2026
- Troy Downing (R-MT-2)OriginalJoined Jan 7, 2026
- Warren Davidson (R-OH-8)OriginalJoined Jan 7, 2026
- William Timmons (R-SC-4)OriginalJoined Jan 7, 2026
- Young Kim (R-CA-40)OriginalJoined Jan 7, 2026
- Zachary Nunn (R-IA-3)OriginalJoined Jan 7, 2026
- Mike Kennedy (R-UT-3)Joined Jan 12, 2026
- Brad Knott (R-NC-13)Joined Jan 22, 2026
- Ken Calvert (R-CA-41)Joined Mar 9, 2026
- Julie Fedorchak (R-ND)Joined Mar 26, 2026
Amendments1
- H.Amdt. 241Jul 21, 2026Pursuant to the provisions of H. Res. 1438, in lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-35 is considered as adopted.On agreeing to the Rules amendment (A001) Agreed to without objection.
Cost estimates and reports1
- H. Rept. 119-617Committee report
Titles3
Short titles
- Main Street ActShort Titles from RFS (Referred to Senate) bill text
- Main Street Capital Access ActShort Titles from RFS (Referred to Senate) bill text
Official titles
- To make improvements to the Federal banking laws, and for other purposes.Official Title as Introduced
Subjects32
Policy area
Legislative subjects
Accounting and auditingAdministrative law and regulatory proceduresAdministrative remediesAdvisory bodiesBank accounts, deposits, capitalBanking and financial institutions regulationBusiness ethicsBusiness recordsCongressional oversightConsumer Financial Protection BureauCorporate finance and managementCredit and credit marketsCurrencyData collection, sharing, protectionEconomic performance and conditionsFederal Deposit Insurance Corporation (FDIC)Federal Reserve SystemFinancial crises and stabilizationFinancial services and investmentsForeign and international bankingFraud offenses and financial crimesGovernment ethics and transparency, public corruptionGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsJudicial review and appealsMonetary policyNational Credit Union AdministrationPerformance measurementRural conditions and developmentUser charges and fees
Related bills26
- H.R. 6550 119th, Related bill American FIRST Act of 2025
- H.R. 940 119th, Related bill FAIR Exams Act
- S. 875 119th, Related bill FIRM Act
- H.R. 2702 119th, Related bill FIRM Act
- H.R. 3390 119th, Related bill Bringing the Discount Window into the 21st Century Act
- H.R. 1900 119th, Related bill Bank Failure Prevention Act of 2025
- H.R. 3234 119th, Related bill Keeping Deposits Local Act
- H.R. 3379 119th, Related bill HUMPS Act of 2025
- H.R. 3446 119th, Related bill FDIC Board Accountability Act
- H.R. 4460 119th, Related bill SAFE Guidance Act
- H.R. 4437 119th, Related bill SMART Act of 2025
- H.R. 5317 119th, Related bill Community Bank Deposit Access Act of 2025
- S. 2663 119th, Related bill Merchant Banking Modernization Act
- H.R. 5262 119th, Related bill Bank Competition Modernization Act
- H.R. 5291 119th, Related bill Merchant Banking Modernization Act
- H.R. 6546 119th, Related bill Merger Process Review Act
- H.R. 6544 119th, Related bill REVIEW Act of 2025
- H.R. 6536 119th, Related bill Rural Depositories Revitalization Study Act
- H.R. 6554 119th, Related bill Community Bank Representation Act
- H.R. 6553 119th, Related bill TIER Act of 2025
- H.R. 6547 119th, Related bill Least Cost Exception Act
- H.R. 6570 119th, Related bill Merger Agreement Approvals Clarity and Predictability Act
- H.R. 3716 119th, Related bill Systemic Risk Authority Transparency Act
- H.R. 975 119th, Related bill Credit Union Board Modernization Act
- S. 4839 119th, Related bill Bank-Fintech Partnership Enhancement Act
- H.Res. 1438 119th, Related bill, Procedurally related Providing for consideration of the bill (H.R. 8800) to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (H.R. 8884) to amend title II of the Social Security Act to reauthorize demonstration authority for the disability insurance program; providing for consideration of the concurrent resolution (H. Con. Res. 113) establishing the congressional budget for the United States Government for fiscal year 2027 and setting forth the appropriate budgetary levels for fiscal years 2028 through 2036; providing for consideration of the bill (H.R. 7008) to amend chapter 131 of title 5 to require certain restrictions on stocks for Members of Congress and their spouses and dependents, and for other purposes; providing for consideration of the bill (H.R. 6955) to make improvements to the Federal banking laws, and for other purposes; providing for consideration of the bill (H.R. 9770) making continuing appropriations for fiscal year 2027, and for other purposes; and for other purposes.
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.