Bill raises bank size limits and speeds up new bank approvals.

What it does

The bill makes rules easier for smaller banks and credit unions. It speeds up approval to start a new bank. The timeline drops from 180 days to 90 days. It expands a program that helps community development banks. It creates a new office to review examiner decisions.

Who it affects

Community banks and credit unions will pay lower costs for rules. They will get faster approval to start new banks. Bank examiners will have new limits on their decisions.

One thing to notice

The bill raises the size limits that trigger strict rules. These limits will go up automatically with inflation each year without Congress voting again.

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

Where it stands

33 cosponsors: 33 Republicans.

• Jan 7, 2026 — Introduced · Congress.gov: “Introduced in House”
• Jan 7, 2026 — 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”
• Mar 4, 2026 — Markup held in committee · Congress.gov: “Committee Consideration and Mark-up Session Held”
• Mar 4, 2026 — Reported out of committee · Congress.gov: “Ordered to be Reported by the Yeas and Nays: 26 - 16”
• Jul 21, 2026 — Passed the House · Congress.gov: “On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271)”

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

Money around this bill

10 groups reported lobbying about this bill. They filed 12 reports from Mar 2026 to Jun 2026.

Those reports show $41,770,000 in lobbying spending. Each report lists about 31 bills. So that money was not all for this bill.

More groups named this bill than 91% of bills with any report.

J. Hill, who sponsored the bill, received $1,508,689 from PACs for the 2026 election.

• Chamber of Commerce of the U.S.A. — $36,700,000 in 2 reports
• Independent Community Bankers of America — $2,170,000 in 1 report
• Mortgage Bankers Association — $1,220,000 in 1 report
• Jpmorgan Chase Holdings LLC — $1,190,000 in 1 report
• Western Alliance Bancorporation — $150,000 in 1 report

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

Words to know

• community development banks — Banks that lend money to people and areas that other banks often skip.
• examiner — A government worker who checks if a bank follows all the rules.
• inflation — When prices go up over time, so money buys less than before.
• 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.