3.0.0 4437 2026-05-15T03:08:24Z 2026-07-13T18:45:09Z House H HR 2025-07-16 119 https://www.congress.gov/bill/119th-congress/house-bill/4437 [Congressional Record Volume 171, Number 122 (Wednesday, July 16, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIMMONS:H.R. 4437.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution[Page H3368]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2026-05-13T16:28:56Z hsba00 Financial Services Committee House Standing Reported By 2025-09-08T17:46:28Z Markup By 2025-07-22T15:58:00Z Referred To 2025-07-16T14:05:15Z H. Rept. 119-249 Main Street Act 119 6955 HR 2026-04-20 Placed on the Union Calendar, Calendar No. 535. Related bill CRS 2026-05-13 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2026-05-12 15:30:56 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2026-05-12 15:30:54 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3353-3354) Floor H37300 2 House floor actions 2026-05-12 15:30:54 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3353-3354) Floor 8000 9 Library of Congress 2026-05-12 15:15:52 DEBATE - The House proceeded with forty minutes of debate on H.R. 4437. Floor H8D000 2 House floor actions 2026-05-12 15:15:50 Considered under suspension of the rules. (consideration: CR H3353-3356) Floor H30000 2 House floor actions 2026-05-12 15:15:40 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2025-09-08 Placed on the Union Calendar, Calendar No. 206. Calendars H12410 2 House floor actions U00206 2025-09-08 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-249. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2025-09-08 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-249. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2025-07-22 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 1. Committee 2025-07-22 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2025-07-16 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2025-07-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-07-16 Introduced in House IntroReferral 1000 9 Library of Congress T000480 Rep. Timmons, William R. [R-SC-4] William Timmons R SC R. 4 N F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2025-07-16 True Finance and Financial Sector Bank accounts, deposits, capital 2025-08-28T14:02:11Z Banking and financial institutions regulation 2025-08-28T14:01:55Z Business records 2025-08-28T14:14:04Z Congressional oversight 2025-08-28T14:13:43Z Corporate finance and management 2025-08-28T14:14:19Z Government studies and investigations 2025-08-28T14:13:37Z Finance and Financial Sector 2025-07-30T14:03:06Z 00 2025-07-16 Introduced in House 2026-05-07T18:20:21Z Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 or the SMART Act of 2025

This bill limits the scope of certain examinations and combines oversight procedures for certain small depository institutions and credit unions.

Specifically, depository institutions and credit unions that are considered well-capitalized and well-managed (per their most recent examination) with assets of $6 billion or less must receive a limited-scope examination, as determined by the appropriate federal regulator, in the year following a full-scope examination. In addition, upon request by the depository institution or credit union, the regulator must combine separate compliance examinations (e.g., safety and soundness examinations and information technology examinations) and perform them at the same time.

The bill provides exceptions for recently acquired depository institutions and for depository institutions and credit unions subject to certain formal enforcement proceedings or orders.

]]> SMART Act of 2025 Short Titles from RFS (Referred to Senate) bill text 255 Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 2026-05-15T03:08:24Z S Senate Referred in Senate RFS Short Titles from RFS (Referred to Senate) bill text 255 SMART Act of 2025 2026-05-15T03:08:24Z S Senate Referred in Senate RFS Short Title(s) as Passed House 104 SMART Act of 2025 2026-05-14T02:38:27Z H House Engrossed in House EH Short Title(s) as Passed House 104 Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 2026-05-14T02:38:27Z H House Engrossed in House EH Official Titles from EH (Engrossed in House) bill text 259 To reduce the regulatory burden on certain well managed and well capitalized financial institutions, and for other purposes. 2026-05-14T02:38:27Z H House Engrossed in House EH Short Title(s) as Reported to House 102 SMART Act of 2025 2025-09-09T07:08:25Z H House Reported in House RH Short Title(s) as Reported to House 102 Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 2025-09-09T07:08:25Z H House Reported in House RH Display Title 45 SMART Act of 2025 2025-07-19T07:08:21Z Short Title(s) as Introduced 101 Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 2025-07-19T07:08:20Z Introduced in House IH Short Title(s) as Introduced 101 SMART Act of 2025 2025-07-19T07:08:20Z Introduced in House IH Official Title as Introduced 6 To reduce the regulatory burden on certain well managed and well capitalized financial institutions, and for other purposes. 2025-07-19T07:03:29Z Introduced in House IH Referred in Senate 2026-05-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr4437rfs/xml/BILLS-119hr4437rfs.xml Engrossed in House 2026-05-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr4437eh/xml/BILLS-119hr4437eh.xml Reported in House 2025-09-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr4437rh/xml/BILLS-119hr4437rh.xml Introduced in House 2025-07-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr4437ih/xml/BILLS-119hr4437ih.xml 2026-05-13 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.