# 119-hr-7056: Community Bank Regulatory Tailoring Act

119-hr-7056, Community Bank Regulatory Tailoring Act, is a 119th Congress bill sponsored by Rep. Barr, Andy [R-KY-6] (R-KY); status in_committee; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7056
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7056
- Congress: 119
- Title: Community Bank Regulatory Tailoring Act
- Status: in_committee
- Introduced: 2026-01-14
- Sponsor: Rep. Barr, Andy [R-KY-6] (R-KY)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-09-21

## 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. - 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.

## Cosponsors (2)

- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2026-01-20T00:00:00.000Z
- Rep. Meuser, Daniel [R-PA-9] (R-PA), 2026-01-20T00:00:00.000Z

## Provisions PRIA read

- Automatic GDP-based threshold increases: mixed, high. 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…
- Higher bank and lender cutoffs: mixed, high. 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 ma…

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-137: TCJA Permanency Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-10582: Motion Picture, Television, and Entertainment Revitalization Act
- 119-hr-4583: Living Donor Protection Act of 2025

## Sources
- [119-hr-7056 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7056)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-10582: Motion Picture, Television, and Entertainment Revitalization Act](https://policyrisk.com/legislation/119-hr-10582)
- [119-hr-4583: Living Donor Protection Act of 2025](https://policyrisk.com/legislation/119-hr-4583)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7056 (as of 2026-09-21).