Bills · HR 5262
REPORTED· 119TH CONGRESS
House BillHR 5262Competition and antitrustBusiness records
Bank Competition Modernization Act
INTRO SEP 10· LAST ACTION NOV 4
READING
6MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Reported, not passed
LEGISLATIVE PROGRESS
STEP 3 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it directly impacts the landscape of the banking industry, particularly for smaller, local financial institutions. If it becomes law, it could accelerate mergers among banks with less than $10 billion in assets by removing a significant regulatory hurdle related to competition.
This could lead to a banking system with potentially fewer, albeit larger, small institutions. While supporters believe it reduces burdensome regulations and helps smaller banks compete, critics might worry it could lead to less competition, fewer banking options in some areas, or a gradual increase in bank size without sufficient oversight, which could impact interest rates, loan availability, and customer service.
KEY PROVISIONS
3AI-extractedPROVISION 01
Exempts proposed mergers or acquisitions resulting in financial institutions with less than $10 billion in assets from competitive impact review by federal banking regulators.
This provision removes a significant regulatory hurdle for smaller banks wishing to combine, potentially streamlining the approval process for these transactions.
PROVISION 02
Applies this exemption to mergers under the Federal Deposit Insurance Act, acquisitions by bank holding companies, and transactions by savings and loan holding companies.
It creates a consistent policy across different types of smaller financial institutions regulated by different federal agencies.
PROVISION 03
Requires the $10 billion asset threshold to be adjusted annually based on increases in the nominal gross domestic product (GDP) of the United States.
This ensures the threshold remains relevant over time, accounting for economic growth and inflation.
SPONSORSHIP
1 + 0
R· Wisconsin
YRS IN OFFICE
5
BILLS LED
32
ACTION TIMELINE
6 EVENTSNOV 4
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-365.
NOV 4
Placed on the Union Calendar, Calendar No. 317.
SEP 16
Committee Consideration and Mark-up Session Held
SEP 16
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
BILL INFO
TypeHouse Bill
NumberHR 5262
Congress119th
StatusReported
IntroducedSep 10, 2025
Last actionNov 4, 2025
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REPORTED· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED SEP 10, 2025
House BillHR 5262Competition and antitrustBusiness records
Bank Competition Modernization Act
INTRODUCED SEP 10, 2025· LAST ACTION NOV 4, 2025
PASSAGE CHANCES
—%
READING
6 min
COSPONSORS
0
COMPLEXITY
Moderate
