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H.R. 6955Passed House

Main Street Capital Access Act

Introduced: Jan 7, 2026

Latest action date: Jul 22, 2026

Latest development

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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Congress
119th Congress
Introduced
Jan 7, 2026
Recorded roll calls
2

Status detail: The full action history records passage in the House.

Plain-language overview

What this bill does

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.  

Civixly topics

What this legislation is about

Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.

Official CRS policy area

Finance and Financial Sector

View 19 official legislative subjects
Accounting and auditingAdministrative law and regulatory proceduresAdministrative remediesAdvisory bodiesBank accounts, deposits, capitalBanking and financial institutions regulationBusiness ethicsBusiness recordsCongressional oversightConsumer Financial Protection BureauCorporate finance and managementCredit and credit marketsCurrencyData collection, sharing, protectionEconomic performance and conditionsFederal Deposit Insurance Corporation (FDIC)Federal Reserve SystemFinancial crises and stabilizationFinancial services and investments

Committee activity

Committees and subcommittees that received, reviewed, marked up, or reported this legislation.

houseStanding

Financial Services Committee

Official committee record ↗
  1. Referred To
  2. Markup By
  3. Reported By
  4. Unknown
  5. Unknown

Amendments

Proposed changes to this measure, with their latest official outcome or action from Congress.gov.

View amendments1 amendment
H.Amdt. 241houseAgreed toJul 21, 2026

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.

Latest action: On agreeing to the Rules amendment (A001) Agreed to without objection.

Congress.gov ↗

Checked against Congress.gov Sep 16, 2026.

Action timeline

Newest action first. Action language comes from the official Congress.gov record.

View full action timeline22 actions
  1. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    IntroReferralSenate
  2. Motion to reconsider laid on the table Agreed to without objection.

    FloorHouse floor actions
  3. On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271). (text of amendment in the nature of a substitute: CR H4708-4722)

    FloorHouse floor actions
  4. Passed/agreed to in House: On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271).

    FloorLibrary of Congress
  5. On motion to recommit Failed by the Yeas and Nays: 210 - 216 (Roll no. 270).

    FloorHouse floor actions
  6. Considered as unfinished business. (consideration: CR H5018-5019)

    FloorHouse floor actions
  7. POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 6955, the Chair put the question on motion to recommit and by voice vote, announced that the noes had prevailed. Ms. Garcia (TX) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

    FloorHouse floor actions
  8. The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.

    FloorHouse floor actions
  9. Ms. Garcia (TX) moved to recommit to the Committee on Financial Services. (text: CR H4731)

    FloorHouse floor actions
  10. The previous question was ordered pursuant to the rule.

    FloorHouse floor actions
  11. DEBATE - The House proceeded with one hour of debate on H.R. 6955.

    FloorHouse floor actions
  12. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.

    FloorHouse floor actions
  13. Considered under the provisions of rule H. Res. 1438. (consideration: CR H4707-4731)

    FloorHouse floor actions
  14. Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.

    FloorHouse floor actions
  15. Placed on the Union Calendar, Calendar No. 535.

    CalendarsHouse floor actions
  16. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617.

    CommitteeHouse floor actions
  17. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617.

    CommitteeLibrary of Congress
  18. Ordered to be Reported by the Yeas and Nays: 26 - 16.

    CommitteeHouse committee actions
  19. Committee Consideration and Mark-up Session Held

    CommitteeHouse committee actions
  20. Referred to the House Committee on Financial Services.

    IntroReferralHouse floor actions
  21. Introduced in House

    IntroReferralLibrary of Congress
  22. Introduced in House

    IntroReferralLibrary of Congress

Roll-call votes

Recorded House and Senate votes connected to this bill. Your representatives appear first when available.

PassedJul 21, 2026House · Roll call 271

On Passage

Vote source ↗
270 Yea155 Nay5 Not Voting1 Present
View 431 recorded positions
Andrew S. ClydeNot Voting
Andy BiggsNot Voting
Paul A. GosarNot Voting
Randy FineNot Voting
FailedJul 21, 2026House · Roll call 270

On Motion to Recommit

Vote source ↗
216 Nay210 Yea5 Not Voting
View 431 recorded positions
Andrew S. ClydeNot Voting
Andy BiggsNot Voting
Paul A. GosarNot Voting
Randy FineNot Voting

Discussion

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Sources: Congress.gov and official House and Senate vote records.

View data freshness details

Base metadata checked Sep 16, 2026 · Summary checked Sep 16, 2026 · Action timeline checked Sep 16, 2026 · Sponsorship checked Sep 16, 2026 · Topics checked Sep 16, 2026 · Committees checked Sep 16, 2026 · Status checked Sep 16, 2026 · Related bills checked Sep 16, 2026.