Banks with $3 billion to $6 billion get checked less often.

What it does

The bill changes when banks get checked. Banks with $3 billion to $6 billion in assets skip yearly check-ups. Instead, they get checked once every 18 months. Banks must still meet safety rules to get this break. Smaller banks that pass safety tests have less government oversight.

Who it affects

Mid-sized banks save money on compliance costs. Small businesses and regular borrowers might pay less to borrow. But banks get checked less often, so problems might be found later.

One thing to notice

Banks will wait six months longer between check-ups. The bill does not say what 'well-managed' means.

From the analysis of the bill text, linked under Primary records below.

Where it stands

1 cosponsor: 1 Democrats.

• Jul 17, 2025 — Introduced · Congress.gov: “Introduced in House”
• Jul 17, 2025 — Referred to House Committee on Financial Services and Senate Committee on Banking, Housing, and Urban Affairs · Congress.gov: “Referred to the House Committee on Financial Services”
• Jul 22, 2025 — Markup held in committee · Congress.gov: “Committee Consideration and Mark-up Session Held”
• Jul 23, 2025 — Reported out of committee · Congress.gov: “Ordered to be Reported by the Yeas and Nays: 48 - 0”
• May 12, 2026 — Passed the House · Congress.gov: “On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3358)”
• May 12, 2026 — Floor vote scheduled · Congress.gov: “Mr. Hill (AR) moved to suspend the rules and pass the bill”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

4 groups reported lobbying about this bill. They filed 7 reports from Dec 2025 to Jun 2026.

Those reports show $57,000,000 in lobbying spending. Each report lists about 50 bills. So that money was not all for this bill.

More groups named this bill than 72% of bills with any report.

Tim Moore, who sponsored the bill, received $472,750 from PACs for the 2026 election.

• Chamber of Commerce of the U.S.A. — $54,660,000 in 3 reports
• Independent Community Bankers of America — $2,170,000 in 1 report
• American Fintech Council — $110,000 in 1 report
• American Fintech Council — $60,000 in 2 reports

Lobbying is legal. These reports show who lobbied about this bill, not what changed.

Words to know

• assets — Money and things of value that a bank owns.
• compliance — Following the rules that the government sets.
• oversight — Watching and checking that rules are followed.
• lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
• PACs — Groups that collect money and give it to candidates for office.
• sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.