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HR 2835 Advanced toward a vote

Requires the Federal Reserve to revise its small bank holding company policy statement within 180 days, raising the consolidated asset threshold to $25 billion for bank and savings and loan holding companies.

Official title: Small Bank Holding Company Relief Act

Next stop House floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 10-APR-2025
Referred 10-APR-2025
Approved by committee 10-JUN-2025
Reported 15-JUL-2025
On the calendar 15-JUL-2025
Key points
  • Requires the Federal Reserve to revise appendix C to part 225 of title 12, Code of Federal Regulations, within 180 days after enactment.
  • Raises the consolidated asset threshold in the policy statement to $25,000,000,000.
  • Applies the higher threshold to both bank holding companies and savings and loan holding companies.
  • Sets the short title as the Small Bank Holding Company Relief Act.
AI-generated from the Reported in House text of 15-JUL-2025 · verify · report an error
Official CRS summary

Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (10-APR-2025); the text has changed since (Reported in House, 15-JUL-2025).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov
Committee referrals (1) Policy area

Finance and Financial Sector

Sponsor Byron Donalds (R-FL) Cosponsors · 6
■ 6 R