Legislation· Jul 2026Sponsored by J. French Hill (R)
Main Street Capital Access Act
Would reduce banking regulations on capital, mergers, and reporting requirements for smaller financial institutions.
Tradeoff
Eases rules on bank formation, merger approval, and capital requirements to reduce compliance burdens. Could lower oversight of smaller banks and increase risk if they misuse the relief.
What's in it
The House passed this 270-155 on July 21, 2026. A failed 210-216 the same day — the bill is now in the Senate.
House
Introduced
(Jan 7, 2026)
House
Committee on Financial Services(Jan 7, 2026)
House
The Committee on Financial Services voted to send it to the floor
Reported 26 - 16(Mar 4, 2026)
Committee report H. Rept. 119-617.
House
On
Main Street Act
Failed(Roll #270 · Jul 21, 2026)
210 yeanay 216House
Passage of the bill
Main Street Act
Passed(Roll #271 · Jul 21, 2026)
270 yeanay 155Senate
Received from the House
on Banking, Housing, and Urban Affairs(Jul 22, 2026)
- Andy Barr (R-KY)
- Bill Huizenga (R-MI)
- Frank D. Lucas (R-OK)
- Pete Sessions (R-TX)
- Ann Wagner (R-MO)
- Roger Williams (R-TX)
- Tom Emmer (R-MN)
- Barry Loudermilk (R-GA)
- Warren Davidson (R-OH)
- John W. Rose (R-TN)
- Bryan Steil (R-WI)
- William R. Timmons (R-SC)
- Marlin A. Stutzman (R-IN)
- Ralph Norman (R-SC)
- Daniel Meuser (R-PA)
- Young Kim (R-CA)
- Byron Donalds (R-FL)
- Andrew R. Garbarino (R-NY)
- Scott Fitzgerald (R-WI)
- Mike Flood (R-NE)
- Michael Lawler (R-NY)
- Monica De La Cruz (R-TX)
- Andrew Ogles (R-TN)
- Zachary Nunn (R-IA)
- Lisa C. McClain (R-MI)
- Maria Elvira Salazar (R-FL)
- Troy Downing (R-MT)
- Mike Haridopolos (R-FL)
- Tim Moore (R-NC)
- Mike Kennedy (R-UT)
- Brad Knott (R-NC)
- Ken Calvert (R-CA)
- Julie Fedorchak (R-ND)
Passage votes so far· Jul 21, 2026· 119th Congress · 2025–2027