Main Street Capital Access Act
Official title: To make improvements to the Federal banking laws, and for other purposes.
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| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Jul 21, 2026 | House · vote #271 | On Passage | Passed | 270–155 | See who voted → |
| Jul 21, 2026 | House · vote #270 | On Motion to Recommit | Failed | 210–216 | See who voted → |
Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.
1 agreed to
| Amendment | Sponsor | Status |
|---|---|---|
| HAMDT 241 | – | Agreed to |
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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.
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
- GOWEST CREDIT UNION ASSOCIATION
- JPMORGAN CHASE HOLDINGS LLC
- NEW YORK BANKERS ASSOCIATION
- AMERICAN BANKERS ASSOCIATION
- AMERICAN FINTECH COUNCIL
- CHAMBER OF COMMERCE OF THE U.S.A.
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Federal Reserve System
- Treasury, Dept of
- Federal Deposit Insurance Corporation (FDIC)
- Office of the Comptroller of the Currency (OCC)
- Consumer Financial Protection Bureau (CFPB)
- Executive Office of the President (EOP)
Cite this page
U.S. Congress. (2026). H.R. 6955: Main Street Capital Access Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-6955/
"H.R. 6955: Main Street Capital Access Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-6955/.
H.R. 6955, 119th Cong. (2026), https://openamerica.io/bill/119-HR-6955/.
[H.R. 6955: Main Street Capital Access Act](https://openamerica.io/bill/119-HR-6955/)