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H.R. 3709 119th Congress House

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

Official title: To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Financial Agent Mentor-Protégé Program within the Department of the Treasury, and for other purposes.

Introduced: June 4, 2025 Introduced by: Joyce Beatty Democratic · Ohio See on congress.gov
Finance and Financial Sector Corporate finance and managementEmployment and training programsFinancial services and investments
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 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 13, 2026
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 12, 2026 · 3:31 PM EDT
Considered under suspension of the rules. (consideration: CR H3356-3357)
May 12, 2026 · 3:43 PM EDT
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
May 12, 2026 · 3:43 PM EDT
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
May 12, 2026 · 3:31 PM EDT
DEBATE - The House proceeded with forty minutes of debate on H.R. 3709.
May 12, 2026 · 3:31 PM EDT
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
May 12, 2026 · 3:43 PM EDT
Motion to reconsider laid on the table Agreed to without objection.
Jul 15, 2025
Placed on the Union Calendar, Calendar No. 168.
Jul 15, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Jun 10, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
Jun 10, 2025
Committee Consideration and Mark-up Session Held
Jun 4, 2025
Introduced in House
Jun 4, 2025
Referred to the House Committee on Financial Services.
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What's happening now May 13, 2026

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

 Plain-English summary Congressional Research Service

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority and rural depository institutions and small financial institutions with mentorship from large financial institutions or from financial agents designated by Treasury. This mentorship prepares protégé institutions to improve service capacity or to perform as financial agents for the federal government. 

 Hearings & markups 1
  • Various Measures
    Markup Jun 10, 2025 · 10:00 AM EDT · Financial Services Committee
 Related & companion bills 1
  • HR 6644 21st Century ROAD to Housing Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 19

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 3709: Advancing the Mentor-Protégé Program for Small Financial Institutions Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3709/
MLA
"H.R. 3709: Advancing the Mentor-Protégé Program for Small Financial Institutions Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3709/.
Bluebook (legal)
H.R. 3709, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3709/.
Markdown link
[H.R. 3709: Advancing the Mentor-Protégé Program for Small Financial Institutions Act](https://openamerica.io/bill/119-HR-3709/)
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