HR7056Referred to Committee

Community Bank Regulatory Tailoring Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-01-14
Introduced
2
Cosponsors
HR
ⓘ
Type

Sponsor

Andy Barr
Andy Barr
Republican · KY · Representative
Votes with party: 99.0% (519 recorded votes)

Full profile: /officials/B001282

Source: Congress.gov · FEC

Cosponsors (2)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Placed on the Union Calendar, Calendar No. 480.

2026-03-19

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would reduce regulatory requirements for smaller community banks, allowing them to operate with less paperwork and oversight from federal regulators while still maintaining basic safety standards. The changes would primarily benefit local and regional banks that serve individual communities, potentially freeing up resources they currently spend on compliance so they can focus on lending to small businesses and consumers.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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