The Floor · H.R. 6955 · House floor
Main Street Capital Access Act
Policy area · Finance and Financial Sector
Sponsor · Rep. Hill, J. French [R-AR-2]
33 cosponsors
Main Street Capital Access Act or the Main Street Act This bill lessens and otherwise modifies banking regulations, including those regarding institution formation, supervision by federal financial regulators, and bank merger requirements. Under the bill, new banks have a three-year phase-in period to meet certain capital requirements. The bill also reduces the leverage ratio for certain rural community banks. Financial regulators must (1) tailor regulatory actions to limit burdens on financial institutions and must consider the institutions' risk profiles and business models, and (2) review their regulations more frequently and expand the scope of these reviews. The bill eases requirements regarding bank mergers, for example, by allowing financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic. The bill increases the dollar asset thresholds for various fees, reporting requirements, and other regulatory requirements so that more financial companies and banks are exempt from these requirements. For example, the bill increases the total asset threshold above which financial holding companies need Federal Reserve Board approval to acquire a company, thereby allowing for more acquisitions without board approval. The bill also raises certain asset thresholds so as to allow additional small bank holding companies to operate with higher debt levels and additional small banks to qualify for a longer examination cycle. The bill also provides flexibilities regarding the use of reciprocal deposits, the resolution of failed banks, and other regulated activities.
Congress.gov bill summary · 07 · updated Jul 20, 2026
Path through Congress · started in the House
H.R. 6955 · 119th
Status
House floorJul 20, 2026
Introduced
Jan 7, 2026
Committee
Jan 7, 2026
House floor
Jul 20, 2026
Senate floor
Resolving differences
Enrolled
President's desk
Became law
Latest action · Jul 22, 2026
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Chamber seating charts: color shows yea / nay / other; shape shows party. Tap or hover a seat for the member, then dig into party totals and names below.
Color is the vote (ink yea, amber nay, gray other). Shape is the party: circle Democrat, square Republican, diamond Independent.
House
Yea
63.5%
270 members
Nay
36.5%
155 members
Other
6
present / not voting
Tap a seat for the member · hover on desktop
Democratic212
56 yea · 154 nay · 2 other
Independent1
1 yea · 0 nay
Republican218
213 yea · 1 nay · 4 other
Jul 21, 2026
On Passage
House
Yea
63.5%
270 members
Nay
36.5%
155 members
Other
6
present / not voting
Tap a seat for the member · hover on desktop
Democratic212
56 yea · 154 nay · 2 other
Independent1
1 yea · 0 nay
Republican218
213 yea · 1 nay · 4 other
Democratic212
56 yea · 154 nay
Independent1
1 yea · 0 nay
Republican218
213 yea · 1 nay
1 procedural or secondary roll hidden.
1 amendment on Congress.gov.
Pursuant to the provisions of H. Res. 1438, in lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-35 is considered as adopted.
Jul 21, 2026 · On agreeing to the Rules amendment (A001) Agreed to without objection.
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Small-business capital markets package that passed the House in mid-2026.
Archive built 2026-08-06 from Library of Congress Congress.gov API.