IB 
Union Calendar No. 104 
119TH CONGRESS 
1ST SESSION H. R. 3380 
[Report No. 119–135] 
To require the Federal financial institutions regulatory agencies to take risk 
profiles and business models of institutions into account when taking 
regulatory actions, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 14, 2025 
Mr. LOUDERMILK introduced the following bill; which was referred to the 
Committee on Financial Services 
JUNE 4, 2025 
Additional sponsor: Mr. DOWNING 
JUNE 4, 2025 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
[For text of introduced bill, see copy of bill as introduced on May 14, 2025] 
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A BILL 
To require the Federal financial institutions regulatory agen-
cies to take risk profiles and business models of institu-
tions into account when taking regulatory actions, and 
for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Taking Account of Insti-
tutions with Low Operation Risk Act of 2025’’ or the ‘‘TAI-
LOR Act of 2025’’. 
SEC. 2. TAILORING REGULATION TO BUSINESS MODEL AND 
RISK. 
(a) DEFINITIONS.—In this section— 
(1) the term ‘‘Federal financial institutions reg-
ulatory agency’’ means the Office of the Comptroller 
of the Currency, the Board of Governors of the Fed-
eral Reserve System, the Federal Deposit Insurance 
Corporation, the National Credit Union Administra-
tion, and the Bureau of Consumer Financial Protec-
tion; and 
(2) the term ‘‘regulatory action’’— 
(A) means any proposed, interim, or final 
rule or regulation; and 
(B) does not include any action taken by a 
Federal financial institutions regulatory agency 
that is solely applicable to an individual institu-
tion, including an enforcement action or order. 
(b) CONSIDERATION AND TAILORING.—For any regu-
latory action occurring after the date of enactment of this 
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Act, each Federal financial institutions regulatory agency 
shall— 
(1) take into consideration the risk profile and 
business models of each type of institution or class of 
institutions subject to the regulatory action; and 
(2) tailor the regulatory action applicable to an 
institution, or type of institution, in a manner that 
limits the regulatory impact, including cost, human 
resource allocation, and other burdens, on the institu-
tion or type of institution as is appropriate for the 
risk profile and business model involved. 
(c) FACTORS TO CONSIDER.—In carrying out the re-
quirements of subsection (b) with respect to a regulatory 
action, each Federal financial institutions regulatory agen-
cy shall consider— 
(1) the aggregate effect of all applicable regu-
latory actions on the ability of institutions to flexibly 
serve customers of the institutions and local markets 
on and after the date of enactment of this Act; 
(2) the potential that efforts to implement the 
regulatory action and third-party service provider ac-
tions may work to undercut efforts to tailor the regu-
latory action, as described in subsection (b)(2); and 
(3) the statutory provision authorizing the regu-
latory action, the congressional intent with respect to 
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the statutory provision, and the underlying policy ob-
jectives of the regulatory action. 
(d) NOTICE OF PROPOSED AND FINAL RULEMAKING.— 
Each Federal financial institutions regulatory agency shall 
disclose and document in every notice of proposed rule-
making and in any final rulemaking for a regulatory ac-
tion how the agency has applied subsections (b) and (c). 
(e) REPORTS TO CONGRESS.—Not later than 1 year 
after the date of enactment of this Act and annually there-
after, each Federal financial institutions regulatory agency 
shall submit to the Committee on Banking, Housing, and 
Urban Affairs of the Senate and the Committee on Finan-
cial Services of the House of Representatives a report on 
the specific actions taken to tailor the regulatory actions 
of the Federal financial institutions regulatory agency pur-
suant to the requirements of this section. 
(f) LIMITED LOOK-BACK APPLICATION.— 
(1) IN GENERAL.—Each Federal financial insti-
tutions regulatory agency shall— 
(A) conduct a review of all final regulations 
issued pursuant to statutes enacted during the 
period beginning on the date that is 15 years be-
fore the date on which this Act is introduced in 
the House of Representatives and ending on the 
date of enactment of this Act; and 
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(B) apply the requirements of this section to 
the regulations described in subparagraph (A). 
(2) REVISION.—Any regulation revised under 
paragraph (1) shall be revised not later than 3 years 
after the date of enactment of this Act. 
SEC. 3. SHORT-FORM CALL REPORTS FOR ALL BANKS ELIGI-
BLE FOR THE COMMUNITY BANK LEVERAGE 
RATIO. 
The appropriate Federal banking agencies, as defined 
in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 
1813), shall promulgate regulations establishing a reduced 
reporting requirement for all banks eligible for the Commu-
nity Bank Leverage Ratio, as defined in section 201(a) of 
the Economic Growth, Regulatory Relief, and Consumer 
Protection Act (12 U.S.C. 5371 note), when making the first 
and third report of condition of a year as required by sec-
tion 7(a) of the Federal Deposit Insurance Act (12 U.S.C. 
1817(a)). 
SEC. 4. REPORT TO CONGRESS ON MODERNIZATION OF SU-
PERVISION. 
Not later than 18 months after the date of enactment 
of this Act, the appropriate Federal banking agencies, as 
defined in section 3 of the Federal Deposit Insurance Act 
(12 U.S.C. 1813), in consultation with State bank super-
visors, shall submit to the Committee on Banking, Housing, 
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and Urban Affairs of the Senate and the Committee on Fi-
nancial Services of the House of Representatives a report 
on the modernization of bank supervision, including the fol-
lowing factors: 
(1) Changing bank business models. 
(2) Examiner workforce and training. 
(3) The structure of supervisory activities within 
banking agencies. 
(4) Improving bank-supervisor communication 
and collaboration. 
(5) The use of supervisory technology. 
(6) Supervisory factors uniquely applicable to 
community banks. 
(7) Changes in statutes necessary to achieve more 
effective supervision. 
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Union Calendar No. 104 
119TH CONGRESS 
1ST SESSION 
H. R. 3380 
[Report No. 119–135] 
A BILL 
To require the Federal financial institutions regu-
latory agencies to take risk profiles and business 
models of institutions into account when taking 
regulatory actions, and for other purposes. 
JUNE 4, 2025 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
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