HR7056119th CongressWALLET

Community Bank Regulatory Tailoring Act

Sponsored By: Representative Barr

In Committee

Summary

Raises and automatically indexes regulatory dollar thresholds across dozens of banking, mortgage, and consumer‑finance laws. It lifts many numerical triggers so smaller banks, credit unions, and lenders are less likely to cross supervisory or reporting tests.

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  • Community banks and credit unions: Many smaller depository institutions will fall below the new higher statutory triggers for supervision, interlocks, and program caps. For example, the Community Reinvestment Act threshold rises from $250 million to $800 million and several credit union caps move to about $34 million.
  • Mortgage lenders and homebuyers: Smaller mortgage lenders face fewer Home Mortgage Disclosure Act reporting and disclosure requirements because exemption and reporting floors climb. The exemption moves from $30 million to $160 million and a reporting threshold rises from $10 million to $180 million.
  • Large banks and regulators: Several major supervisory triggers increase so fewer mid‑sized and regional firms meet tests that bring enhanced oversight. Notable moves include Dodd‑Frank thresholds from $50 billion to $105 billion and a Federal Reserve trigger from $10 billion to $17 billion.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Automatic GDP-based threshold increases

The bill would require the Federal Reserve Board to recalculate the listed dollar cutoffs by April 1, 2031 and every five years after. The Board would use the most recent Department of Commerce current‑dollar U.S. GDP and compare it to the baseline before April 1, 2026. If the GDP ratio is greater than 1, the Board would multiply each listed amount by that ratio, apply tiered rounding, and publish new amounts by April 5. Adjusted amounts would take effect January 1 after the calculation year.

Higher bank and lender cutoffs

This bill would raise many dollar cutoffs that decide which banks and lenders follow federal rules. New amounts would take effect upon enactment. Examples include raising a bank holding company cutoff to $15 billion and a Community Reinvestment Act threshold to $800 million. The bill also raises many FDIC, Federal Reserve, credit union, mortgage, and mortgage‑reporting cutoffs into the millions or billions.

Sponsors & CoSponsors

Sponsor

Barr

KY • R

Cosponsors

  • Gottheimer

    NJ • D

    Sponsored 1/20/2026

  • Meuser

    PA • R

    Sponsored 1/20/2026

Roll Call Votes

No roll call votes available for this bill.

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