House Passes Main Street Capital Access Act

Posted: Jul 29 2026

The House has passed the Main Street Capital Access Act by a 270-155 vote. The bill seeks to boost community banking through tailored regulation and by encouraging de novo bank formation.

Among its provisions, the bill would establish a three-year phase-in period for de novo financial institutions to meet federal capital requirements, a 90-day deadline for agencies to make decisions on bank merger and acquisition applications, and a new requirement for agencies to consider an institution’s risk profile and business model when issuing new regulations and supervisory decisions.

The legislation now heads to the Senate.

To view the legislation, visit: https://www.congress.gov/bill/119th-congress/house-bill/6955