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US HB4478

Bill

Official Source

Status

Introduced

7/17/2025

Primary Sponsor

Tim Moore

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Raises the asset threshold for extended examination cycles from $3 billion to $6 billion for qualifying insured depository institutions
  • Allows federal banking agencies to examine eligible small banks once every 18 months instead of more frequently
  • Amends Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C. 1820(d)) in two paragraphs to implement the threshold change
  • Applies to well-managed institutions that meet qualifying criteria under existing law

Legislative Description

TRUST Act of 2025 Tailored Regulatory Updates for Supervisory Testing Act of 2025

Finance and financial sector

Last Action

Placed on the Union Calendar, Calendar No. 209.

9/8/2025

Committee Referrals

Financial Services7/17/2025

Full Bill Text

No bill text available