The record

LegislationLegislation· May 2026
HR 3709 Passed House — in Senate

Sponsored by Joyce Beatty (D)

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

Creates a Treasury mentorship program pairing small banks with large banks to build capacity.

Tradeoff

Establishes a voluntary mentorship program with no direct federal spending or offsetting cuts.

What's in it

See official bill text

Passed the House by on May 12, 2026 — now in the Senate.

  1. House

    Introduced

    (Jun 4, 2025)

  2. House

    Committee on Financial Services(Jun 4, 2025)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 50 - 1(Jun 10, 2025)

    Committee report H. Rept. 119-205.

  4. House

    Passage of the bill

    Passed by (May 12, 2026)

    No individual votes were recorded.

  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(May 13, 2026)