Main Street Capital Access Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary reported to house (Apr 20, 2026)
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.
What just happenedJul 22, 2026
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Referred in SenateJul 22, 2026
- Engrossed in HouseJul 21, 2026
- Reported in HouseApr 20, 2026
- Introduced in HouseJan 7, 2026
- Jul 22, 2026IntroReferral
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 21, 2026FloorH38310
Motion to reconsider laid on the table Agreed to without objection.
- Jul 21, 2026FloorH37100
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)
- Jul 21, 2026Floor8000
Passed/agreed to in House: 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)
- Jul 21, 2026FloorH36210
On motion to recommit Failed by the Yeas and Nays: 210 - 216 (Roll no. 270).
Financial Services Committee - Jul 21, 2026FloorH30000
Considered as unfinished business. (consideration: CR H5018-5019)
- Jul 21, 2026FloorH8D000
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.
- Jul 21, 2026FloorH8A000
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- Jul 21, 2026FloorH36200
Ms. Garcia (TX) moved to recommit to the Committee on Financial Services. (text: CR H4731)
Financial Services Committee - Jul 21, 2026FloorH35000
The previous question was ordered pursuant to the rule.
- Jul 21, 2026FloorH8D000
DEBATE - The House proceeded with one hour of debate on H.R. 6955.
- Jul 21, 2026FloorH8D000
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.
- Jul 21, 2026FloorH30000
Considered under the provisions of rule H. Res. 1438. (consideration: CR H4707-4731)
- Jul 20, 2026FloorH1L210
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.
- Apr 20, 2026CalendarsH12410
Placed on the Union Calendar, Calendar No. 535.
- Apr 20, 2026CommitteeH12200
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617.
Financial Services Committee - Apr 20, 2026Committee5000
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617.
Financial Services Committee - Mar 4, 2026Committee
Ordered to be Reported by the Yeas and Nays: 26 - 16.
Financial Services Committee - Mar 4, 2026Committee
Committee Consideration and Mark-up Session Held
Financial Services Committee - Jan 7, 2026IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 7, 2026IntroReferralIntro-H
Introduced in House
- Jan 7, 2026IntroReferral1000
Introduced in House