Financial Institution Regulatory Tailoring Enhancement Act

Bill: 119-hr-3230
Sponsor: full_name: Rep. Barr, Andy [R-KY-6]
Introduced: 2025-05-07
Policy area: Finance and Financial Sector
Subjects: Bank accounts, deposits, capital

Banking and financial institutions regulation

Financial services and investments

Housing finance and home ownership

Securities

User charges and fees
Latest action: action_date: 2025-06-20
text: Placed on the Union Calendar, Calendar No. 132.

Summaries:

tv_txt: IB Union Calendar No. 132 119th CONGRESS 1st Session H. R. 3230 [Report No. 119–165] IN THE HOUSE OF REPRESENTATIVES May 7, 2025 Mr. Barr (for himself and Mr. Meuser ) introduced the following bill; which was referred to the Committee on Financial Services June 20, 2025 Additional sponsor: Mr. Sessions June 20, 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 7, 2025 A BILL To increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes.

1. Short title This Act may be cited as the Financial Institution Regulatory Tailoring Enhancement Act . 2. Increased asset thresholds (a) Bureau supervision The Consumer Financial Protection Act of 2010 is amended— (1) in section 1025(a) ( 12 U.S.C. 5515(a) ), by striking $10,000,000,000 each place it occurs and inserting $50,000,000,000 ; and (2) in section 1026(a) ( 12 U.S.C. 5516(a) ), by striking $10,000,000,000 each place it occurs and inserting $50,000,000,000 . (b) Volker rule requirements Section 13(h)(1)(B)(i) of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1851(h)(1)(B)(i) ) is amended by striking $10,000,000,000 and inserting $50,000,000,000 . (c) Qualified mortgage requirements Section 129C(b)(2)(F)(i) of the Truth in Lending Act ( 15 U.S.C. 1639c(b)(2)(F)(i) ) is amended by striking $10,000,000,000 and inserting $50,000,000,000 . (d) Leverage and risk-based capital requirements Section 201(a)(3)(A) of the Economic Growth, Regulatory Relief, and Consumer Protection Act ( 12 U.S.C. 5371 note) is amended by striking $10,000,000,000 and inserting $50,000,000,000 .

June 20, 2025 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

tv_txt: I 119th CONGRESS 1st Session H. R. 3230 IN THE HOUSE OF REPRESENTATIVES May 7, 2025 Mr. Barr (for himself and Mr. Meuser ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes.

1. Short title This Act may be cited as the Financial Institution Regulatory Tailoring Enhancement Act . 2. Increased asset thresholds (a) Bureau Supervision Section 1025(a) of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5515 ) is amended by striking $10,000,000,000 each place it occurs and inserting $50,000,000,000 . (b) Volker rule requirements Section 13(h)(1)(B)(i) of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1851(h)(1)(B)(i) ) is amended by striking $10,000,000,000 and inserting $50,000,000,000 . (c) Qualified mortgage requirements Section 129C(b)(F)(i) of the Truth in Lending Act ( 15 U.S.C. 1639c(b)(F)(i) ) is amended by striking $10,000,000,000 and inserting $50,000,000,000 . (d) Leverage and risk-Based capital requirements Section 201(a)(3)(A) of the Economic Growth, Regulatory Relief, and Consumer Protection Act ( 12 U.S.C. 5371 note (a)(3)(A)) is amended by striking $10,000,000,000 and inserting $50,000,000,000 .