WeVote
Log In

Bill

Bill

HR 3135

RACE Act of 2025

119th Congress Introduced by Andy Barr

HR 3135, the RACE Act of 2025, would advance regulation to boost capital access; full text pending, so effects on banks, markets, and regulators are not yet defined.

Introduced in House
0
WeVote Research Nonpartisan
Bill Summary · HR 3135

Summary of HR 3135 — RACE Act of 2025 (Regulation Advancement for Capital Enhancement Act of 2025)

Overview

  • Bill number: HR 3135
  • Official short title: Regulation Advancement for Capital Enhancement Act of 2025 (also cited as the RACE Act of 2025)
  • Introduced: May 1, 2025
  • Status: Introduced in the U.S. House of Representatives; referred to the House Committee on Financial Services
  • Sponsor: Andy Barr (Primary)

Purpose (stated by title)

  • The bill’s name suggests an objective to advance regulation to enhance capital formation or capital access. The acronym “RACE” stands for Regulation Advancement for Capital Enhancement. Based on the provided information, the exact statutory goals, definitions, and targeted regulatory reforms are not specified in the excerpt.

Key Provisions

  • Text not provided in the available excerpt. The version content only includes the introductory citation and the long title. Therefore, there are no stated provisions (such as amendments to existing statutes, new regulatory requirements, sunset provisions, or funding mechanisms) available here.
  • As a result, readers should not assume any specific changes to agencies, regulatory processes, or capital markets until the bill’s full text is released and analyzed.

Who would be affected

  • Given the committee assignment (House Committee on Financial Services) and the title, the bill is likely to impact:
    • Financial services firms, banks, and other lenders
    • Capital market participants (issuers, investors, intermediaries)
    • Regulators involved in capital markets and financial regulation
  • The precise beneficiaries, obligations, exemptions, or regulatory waivers would depend on the bill’s exact language.

Procedural and Timeline Aspects

  • Introduced: May 1, 2025
  • Referral: House Committee on Financial Services (first step in the legislative process)
  • Next potential steps (subject to bill text): Committee review, potential amendments, passage by the House, and consideration by the Senate; the timeline will depend on scheduling, committee actions, and broader legislative priorities.

Notes and Next Steps

  • The full text is not included here. For a complete, accurate assessment, the official bill text should be reviewed once released by Congress.
  • To monitor progress, check the House Committee on Financial Services announcements, Bill Tracking systems (Congress.gov, GovTrack.us), and official press updates from the sponsor’s office.
  • If you provide the full text when available, I can deliver a detailed provision-by-provision analysis, identify fiscal effects, regulatory implications, and potential impacts on stakeholders.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.