Raises dollar thresholds in more than a dozen federal banking, lending, and credit union laws to reflect past growth in the economy, and requires the Federal Reserve to raise them again every five years using changes in U.S. gross domestic product.

• Raises specific dollar thresholds in laws including the Bank Holding Company Act, Community Reinvestment Act, Federal Deposit Insurance Act, Federal Credit Union Act, and Truth in Lending Act, with some amounts rising several-fold, such as the Dodd-Frank threshold moving from $50 billion to $105 billion.
• Requires the Federal Reserve Board, by April 1, 2031 and every five years after, to increase each amount by the ratio of current GDP to GDP for the year preceding April 1, 2026, but only when that ratio is greater than 1.
• Rounds each adjusted amount up to fixed increments, such as the nearest $50 million for amounts between $100 million and $1 billion, and requires publication in the Federal Register by April 5 of each adjustment year.
• Sets each increase to take effect on January 1 of the year after the adjustment is calculated.

• Financial Services Committee (House)

Finance and Financial Sector