H.R. 7056

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7056 Reported in House (RH)]

<DOC>

Union Calendar No. 480
119th CONGRESS
2d Session
H. R. 7056

[Report No. 119-558]

To index statutory thresholds, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

January 14, 2026

Mr. Barr introduced the following bill; which was referred to the 
Committee on Financial Services

March 19, 2026

Additional sponsors: Mr. Gottheimer and Mr. Meuser

March 19, 2026

Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed 
in italic]
[For text of introduced bill, see copy of bill as introduced on January 
14, 2026]

_______________________________________________________________________

A BILL

To index statutory thresholds, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Community Bank Regulatory Tailoring 
Act''.

SEC. 2. THRESHOLD ADJUSTMENTS TO ACCOUNT FOR HISTORICAL INCREASES IN 
CURRENT-DOLLAR UNITED STATES GROSS DOMESTIC PRODUCT.

(a) Bank Holding Company Act of 1956.--The Bank Holding Company Act 
of 1956 (12 U.S.C. 1841 et seq.) is amended--
(1) in section 5(c)(3)(C)(ii) (12 U.S.C. 
1844(c)(3)(C)(ii)), by striking ``$1,000,000'' and inserting 
``$3,000,000''; and
(2) in section 13(h)(1)(B)(i) (12 U.S.C. 1851(h)(1)(B)(i)), 
by striking ``$10,000,000,000'' and inserting 
``$15,000,000,000''.
(b) Community Reinvestment Act of 1977.--Section 809(a) of the 
Community Reinvestment Act of 1977 (12 U.S.C. 2908(a)) is amended by 
striking ``$250,000,000'' and inserting ``$800,000,000''.
(c) Depository Institution Management Interlocks Act.--The 
Depository Institution Management Interlocks Act (12 U.S.C. 3201 et 
seq.) is amended--
(1) in section 202(4) (12 U.S.C. 3201(4)), by striking 
``$100,000,000'' and inserting ``$600,000,000'';
(2) in section 203(1) (12 U.S.C. 3202(1)), by striking 
``$50,000,000'' and inserting ``$110,000,000''; and
(3) in section 204 (12 U.S.C. 3203)--
(A) by striking ``$2,500,000,000'' and inserting 
``$10,000,000,000''; and
(B) by striking ``$1,500,000,000'' and inserting 
``$10,000,000,000''.
(d) Dodd-Frank Wall Street Reform and Consumer Protection Act.--The 
Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 
5301 et seq.) is amended--
(1) in section 210 (12 U.S.C. 5390)--
(A) in subsection (o), by striking 
``$50,000,000,000'' in each place it appears and 
inserting ``$105,000,000,000''; and
(B) in subsection (r), by striking ``$1,000,000'' 
and inserting ``$5,000,000''; and
(2) in section 956(f) (12 U.S.C. 5641(f)), by striking 
``$1,000,000,000'' and inserting ``$3,000,000,000''.
(e) Federal Credit Union Act.--The Federal Credit Union Act (12 
U.S.C. 1751 et seq.) is amended--
(1) in section 202 (12 U.S.C. 1782)--
(A) in subsection (a)(6)(C)(iii)--
(i) in the heading, by striking ``De 
minimus'' and inserting ``De minimis''; and
(ii) by striking ``$10,000,000'' and 
inserting ``$34,000,000'';
(B) in subsection (a)(6)(D)--
(i) by striking ``$500,000,000'' and 
inserting ``$2,000,000,000''; and
(ii) by striking ``$10,000,000'' and 
inserting ``$34,000,000'';
(C) in subsection (b)(1)(A), by striking 
``$50,000,000'' each place that term appears and 
inserting ``$170,000,000''; and
(D) in subsection (c)(1)(A)(iii), by striking 
``$50,000,000'' each place that term appears and 
inserting ``$170,000,000''; and
(2) in section 216 (12 U.S.C. 1790d)--
(A) in subsection (f)(2), by striking 
``$10,000,000'' and inserting ``$34,000,000'';
(B) in subsection (i)(4)(B), by striking 
``$5,000,000'' and inserting ``$17,000,000'';
(C) in subsection (j)(2)(A), by striking 
``$25,000,000'' and inserting ``$51,000,000''; and
(D) in subsection (o)(4), by striking 
``$10,000,000'' and inserting ``$34,000,000''.
(f) Federal Deposit Insurance Act.--The Federal Deposit Insurance 
Act (12 U.S.C. 1811 et seq.) is amended--
(1) in section 7(a)(12) (12 U.S.C. 1817(a)(12)), by 
striking ``$5,000,000,000'' and inserting ``$8,000,000,000'';
(2) in section 11(p)(1)(A)(i) (12 U.S.C. 1821(p)(1)(A)(i)), 
by striking ``$1,000,000'' and inserting ``$5,000,000'';
(3) in section 36 (12 U.S.C. 1831m)--
(A) in subsection (i), by striking 
``$5,000,000,000'' each place that term appears and 
inserting ``$21,000,000,000''; and
(B) in subsection (j), by striking ``$150,000,000'' 
each place that term appears and inserting 
``$800,000,000''; and
(4) in section 38 (12 U.S.C. 1831o)--
(A) in subsection (b), by striking ``$300,000,000'' 
and inserting ``$2,000,000,000''; and
(B) in subsection (k)--
(i) by striking ``$50,000,000'' and 
inserting ``$110,000,000''; and
(ii) by striking ``$75,000,000'' and 
inserting ``$150,000,000''.
(g) Federal Home Loan Bank Act.--Section 2(10) of the Federal Home 
Loan Bank Act (12 U.S.C. 1422(10)) is amended by striking 
``$1,000,000,000'' each place that term appears and inserting 
``$3,000,000,000''.
(h) Federal Reserve Act.--The Federal Reserve Act (12 U.S.C. 221 et 
seq.) is amended--
(1) in section 7(a)(1) (12 U.S.C. 289) by striking 
``$10,000,000,000'' each place that term appears and inserting 
``$17,000,000,000''; and
(2) in section 22(h)(5)(C) (12 U.S.C. 375b(h)(5)(C)) by 
striking ``$100,000,000'' and inserting ``$500,000,000''.
(i) Home Mortgage Disclosure Act of 1975.--The Home Mortgage 
Disclosure Act of 1975 (12 U.S.C. 2801 et seq.) is amended--
(1) in the second paragraph (3) of section 304(i) (12 
U.S.C. 2803(i)(3)); relating to ``Exemption from certain 
disclosure requirements''), by striking ``$30,000,000'' and 
inserting ``$160,000,000''; and
(2) in section 309(a) (12 U.S.C. 2808(a)), by striking 
``$10,000,000'' and inserting ``$180,000,000''.
(j) Home Owners' Loan Act.--Section 5(u) of the Home Owners' Loan 
Act (12 U.S.C. 1464(u)) is amended--
(1) in paragraph (2)(A)(i), by striking ``$500,000'' and 
inserting ``$3,000,000''; and
(2) in paragraph (2)(A)(ii), by striking ``$30,000,000'' 
and inserting ``$160,000,000''.
(k) International Lending Supervision Act of 1983.--Section 
909(a)(1) of the International Lending Supervision Act of 1983 (12 
U.S.C. 3908(a)(1)) is amended by striking ``$20,000,000'' and inserting 
``$160,000,000''.
(l) Real Estate Settlement Procedures Act of 1974.--Section 
3(1)(B)(iv) of the Real Estate Settlement Procedures Act of 1974 (12 
U.S.C. 2602(1)(B)(iv)) is amended by striking ``$1,000,000'' and 
inserting ``$19,000,000''.
(m) Revised Statutes of the United States.--Section 
5136A(a)(2)(D)(ii) of the Revised Statutes of the United States (12 
U.S.C. 24a(a)(2)(D)(ii)) is amended by striking ``$50,000,000,000'' and 
inserting ``$175,000,000,000''.
(n) Truth in Lending Act.--Section 129C(b)(2)(F)(i) of the Truth in 
Lending Act (15 U.S.C. 1639c(b)(2)(F)(i)) is amended by striking 
``$10,000,000,000'' and inserting ``$15,000,000,000''.

SEC. 3. PERIODIC ADJUSTMENTS TO THRESHOLDS TO ACCOUNT FOR FUTURE 
INCREASES IN CURRENT-DOLLAR UNITED STATES GROSS DOMESTIC 
PRODUCT.

(a) In General.--By April 1, 2031, and the 1st day of each 
subsequent 5-year period, the Board of Governors of the Federal Reserve 
System shall prescribe the amount by which each dollar amount described 
in section 2 of this Act shall be increased by the ratio, if greater 
than 1, of the annual value of current-dollar United States gross 
domestic product, published by the Department of Commerce, for the 
calendar year preceding the year in which the adjustment is calculated 
under this section, to the published annual value of current-dollar 
United States gross domestic product for the calendar year preceding 
April 1, 2026.
(b) Currency of Information.--The values used in the calculation 
under subsection (a) shall be, as of the date of the calculation, the 
values most recently published by the Department of Commerce.
(c) Rounding.--
(1) If any amount equal to or greater than $100,000,000,000 
determined under subsection (a) for any period is not a 
multiple of $50,000,000,000, the amount shall be rounded up to 
the nearest $50,000,000,000.
(2) If any amount less than $100,000,000,000 but equal to 
or greater than $10,000,000,000 determined under subsection (a) 
for any period is not a multiple of $5,000,000,000, the amount 
shall be rounded up to the nearest $5,000,000,000.
(3) If any amount less than $10,000,000,000 but equal to or 
greater than $1,000,000,000 determined under subsection (a) for 
any period is not a multiple of $500,000,000, the amount shall 
be rounded up to the nearest $500,000,000.
(4) If any amount less than $1,000,000,000 but equal to or 
greater than $100,000,000 determined under subsection (a) for 
any period is not a multiple of $50,000,000, the amount shall 
be rounded up to the nearest $50,000,000.
(5) If any amount less than $100,000,000 but equal to or 
greater than $10,000,000 determined under subsection (a) for 
any period is not a multiple of $5,000,000, the amount shall be 
rounded up to the nearest $5,000,000.
(6) If any amount less than $10,000,000 but equal to or 
greater than $1,000,000 determined under subsection (a) for any 
period is not a multiple of $500,000, the amount shall be 
rounded up to the nearest $500,000.
(7) If any amount less than $1,000,000 but equal to or 
greater than $100,000 determined under subsection (a) for any 
period is not a multiple of $50,000, the amount shall be 
rounded up to the nearest $50,000.
(8) If any amount less than $100,000 but equal to or 
greater than $10,000 determined under subsection (a) for any 
period is not a multiple of $5,000, the amount shall be rounded 
up to the nearest $5,000.
(9) If any amount less than $10,000 but equal to or greater 
than $1,000 determined under subsection (a) for any period is 
not a multiple of $500, the amount shall be rounded up to the 
nearest $500.
(10) If any amount less than $1,000 but equal to or greater 
than $100 determined under subsection (a) for any period is not 
a multiple of $50, the amount shall be rounded up to the 
nearest $50.
(11) If any amount less than $100 but equal to or greater 
than $10 determined under subsection (a) for any period is not 
a multiple of $5, the amount shall be rounded up to the nearest 
$5.
(12) If any amount less than $10 but equal to or greater 
than $1 determined under subsection (a) for any period is not a 
multiple of $0.50, the amount shall be rounded up to the 
nearest $0.50.
(d) Publication.--Not later than April 5 of any calendar year in 
which an adjustment is required to be calculated under subsection (a), 
the Board of Governors of the Federal Reserve System shall publish in 
the Federal Register the dollar amounts as so calculated.
(e) Implementation Period.--The increase in the dollar amounts 
shall take effect on January 1 of the year immediately succeeding any 
calendar year in which an adjustment is required to be calculated under 
subsection (a).
Union Calendar No. 480

119th CONGRESS

2d Session

H. R. 7056

[Report No. 119-558]

_______________________________________________________________________

A BILL

To index statutory thresholds, and for other purposes.

_______________________________________________________________________

March 19, 2026

Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed