Bill
HR 2835
Overview: HR 2835, the Small Bank Holding Company Relief Act, was introduced in the House on April 10, 2025. The bill has been reported (Amended) by the Committee on Financial Serv
Overview: HR 2835, the Small Bank Holding Company Relief Act, was introduced in the House on April 10, 2025. The bill has been reported (Amended) by the Committee on Financial Services and is now awaiting further action.
Purpose and Intent: The main goal of this bill is to provide regulatory relief and flexibility for small bank holding companies, which are often disproportionately burdened by compliance requirements designed for larger financial institutions.
Key Provisions:
- Increases the asset threshold for qualifying as a "small bank holding company" from $3 billion to $10 billion.
- Exempts small bank holding companies from certain capital and leverage requirements, allowing them to focus resources on serving their local communities.
- Directs the Federal Reserve to streamline the application and approval process for small bank holding companies seeking to engage in non-banking activities.
- Requires the Federal Reserve to conduct a study on the impact of regulatory burden on small bank holding companies and make recommendations for further relief.
Affected Parties and Impacts:
- The primary beneficiaries are small bank holding companies with assets between $3 billion and $10 billion, who would gain regulatory relief and flexibility under this bill.
- Consumers and small businesses in local communities served by these small banks may also benefit from their increased ability to lend and provide financial services.
Procedural and Timeline Considerations:
The bill has been reported (Amended) by the House Committee on Financial Services and is now awaiting further action, potentially including consideration by the full House. If passed by the House, the bill would then move to the Senate for their review and approval process.
Compiled from official sources — confirm details with the bill’s official record.
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