Main Street Capital Access Act
Also known as Main Street Act
Where it stands
- Introduced1/7/26
- Passed HousePassed 7/21/26
- Senate
- President
- Law
Passed the House 270–155 on July 21, 2026 (Roll Call 271 →). Received in the Senate on July 22, 2026. No Senate action since.
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Roll calls on this bill
- Democratic56 Yea · 154 Nay · 1 Present · 1 Not voting
- Republican213 Yea · 1 Nay · 0 Present · 4 Not voting
- Independent / Other1 Yea · 0 Nay · 0 Present · 0 Not voting
Main Street Capital Access Act or the Main Street Act
This bill lessens and otherwise modifies banking regulations, including those regarding institution formation, supervision by federal financial regulators, and bank merger requirements.
Under the bill, new banks have a three-year phase-in period to meet certain capital requirements. The bill also reduces the leverage ratio for certain rural community banks.
Financial regulators must (1) tailor regulatory actions to limit burdens on financial institutions and must consider the institutions' risk profiles and business models, and (2) review their regulations more frequently and expand the scope of these reviews.
The bill eases requirements regarding bank mergers, for example, by allowing financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic.
The bill increases the dollar asset thresholds for various fees, reporting requirements, and other regulatory requirements so that more financial companies and banks are exempt from these requirements. For example, the bill increases the total asset threshold above which financial holding companies need Federal Reserve Board approval to acquire a company, thereby allowing for more acquisitions without board approval. The bill also raises certain asset thresholds so as to allow additional small bank holding companies to operate with higher debt levels and additional small banks to qualify for a longer examination cycle.
The bill also provides flexibilities regarding the use of reciprocal deposits, the resolution of failed banks, and other regulated activities.
33
1/7/26
What happens next
The Senate must pass the same text, then it goes to the President.
If it isn't enacted by Jan 3, 2027, it expires when the 119th Congress ends.
All actions (20)
- 1/7/26Introduced in House
- 1/7/26Referred to the House Committee on Financial Services.
- 3/4/26Committee Consideration and Mark-up Session Held
- 3/4/26Ordered to be Reported by the Yeas and Nays: 26 - 16.
- 4/20/26Reported (Amended) by the Committee on Financial Services. H. Rept. 119-617.
- 4/20/26Placed on the Union Calendar, Calendar No. 535.
- 7/20/26Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.
- 7/21/26Considered under the provisions of rule H. Res. 1438. (consideration: CR H4707-4731)
- 7/21/26Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.
- 7/21/26DEBATE - The House proceeded with one hour of debate on H.R. 6955.
- 7/21/26The previous question was ordered pursuant to the rule.
- 7/21/26Ms. Garcia (TX) moved to recommit to the Committee on Financial Services. (text: CR H4731)
- 7/21/26The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- 7/21/26POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 6955, the Chair put the question on motion to recommit and by voice vote, announced that the noes had prevailed. Ms. Garcia (TX) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
- 7/21/26Considered as unfinished business. (consideration: CR H5018-5019)
- 7/21/26On motion to recommit Failed by the Yeas and Nays: 210 - 216 (Roll no. 270).
- 7/21/26Passed/agreed to in House: On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271). (text of amendment in the nature of a substitute: CR H4708-4722)
- 7/21/26On passage Passed by the Yeas and Nays: 270 - 155, 1 Present (Roll no. 271). (text of amendment in the nature of a substitute: CR H4708-4722)
- 7/21/26Motion to reconsider laid on the table Agreed to without objection.
- 7/22/26Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.