119 HR 3230 IH: Financial Institution Regulatory Tailoring Enhancement Act U.S. House of Representatives 2025-05-07 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS1st SessionH. R. 3230IN THE HOUSE OF REPRESENTATIVESMay 7, 2025Mr. Barr (for himself and Mr. Meuser) introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo 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.