[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-hr-478":4},null,{"bill":5,"indexable":233,"summaries":234,"cosponsors":240,"cosponsorSlugs":352,"actions":377,"amendments":430,"amendmentSponsorSlugs":431,"linkages":432,"sponsorSlug":433},{"statusDate":6,"sponsor":7,"cboCostEstimates":15,"originChamber":21,"congress":22,"isByRequest":23,"title":24,"createdAt":25,"cosponsorCount":26,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":27,"actionCount":28,"popularTitle":3,"laws":3,"billType":29,"introducedDate":30,"congressGovUrl":31,"constitutionalAuthority":32,"policyArea":33,"deletedAt":3,"latestAction":34,"billNumber":36,"cosponsorCountIncludingWithdrawn":26,"status":37,"keyMilestoneCount":38,"subjects":39,"policyAreaLower":50,"updateDate":51,"committeeReports":52,"shortTitle":24,"officialTitle":56,"committees":57,"committeeCodes":73,"updatedAt":74,"searchTokens":75},"2025-05-06",{"firstName":8,"lastName":9,"district":10,"fullName":11,"state":12,"party":13,"bioguideId":14},"Andy","Barr","6","Rep. Barr, Andy [R-KY-6]","KY","R","B001282",[16],{"description":17,"pubDate":18,"title":19,"url":20},"As reported by the House Committee on Financial Services on May 6, 2025","2025-11-12T19:37:00Z","H.R. 478, Promoting New Bank Formation Act","https:\u002F\u002Fwww.cbo.gov\u002Fpublication\u002F61892","House",119,false,"Promoting New Bank Formation Act","2026-05-10T18:56:19.908Z",24,0,8,"hr","2025-01-16","https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fhouse-bill\u002F478","\u003Cpre>\n[Congressional Record Volume 171, Number 9 (Thursday, January 16, 2025)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [\u003Ca href=\"https:\u002F\u002Fwww.gpo.gov\">www.gpo.gov\u003C\u002Fa>]\nBy Mr. BARR:\nH.R. 478.\nCongress has the power to enact this legislation pursuant\nto the following:\nArticle 1, Section 8 of the United States Constitution.\n[Page H222]\n\u003C\u002Fpre>","Finance and Financial Sector",{"date":6,"text":35},"Placed on the Union Calendar, Calendar No. 64.",478,"reported",2,[40,41,42,43,44,45,46,47,48,49],"Administrative law and regulatory procedures","Agricultural prices, subsidies, credit","Bank accounts, deposits, capital","Banking and financial institutions regulation","Congressional oversight","Credit and credit markets","Financial services and investments","Government information and archives","Government studies and investigations","Rural conditions and development","finance and financial sector","2026-07-17T23:34:39Z",[53],{"citation":54,"url":55},"H. Rept. 119-90","https:\u002F\u002Fwww.congress.gov\u002Fcongressional-report\u002F119th-congress\u002Fhouse-report\u002F90","To require the appropriate Federal banking agencies to establish a 3-year phase-in period for de novo financial institutions to comply with Federal capital standards, to provide relief for de novo rural community banks, and for other purposes.",[58],{"name":59,"systemCode":60,"chamber":21,"activities":61,"subcommittees":71,"type":72},"Financial Services Committee","hsba00",[62,65,68],{"name":63,"date":64},"Referred To","2025-01-16T14:01:50Z",{"name":66,"date":67},"Markup By","2025-04-02T15:08:00Z",{"name":69,"date":70},"Reported By","2025-05-06T19:45:50Z",[],"Standing",[60],"2026-07-17T23:49:09.323Z",[76,77,78,79,80,81,82,83,84,85,86,87,88,89,90,91,92,93,94,95,96,97,98,99,100,101,102,103,104,105,106,107,108,109,110,111,112,113,114,115,116,117,118,119,120,121,122,123,124,125,126,127,128,129,130,131,132,133,134,135,136,137,138,139,140,141,142,143,144,145,146,147,148,149,150,151,152,153,154,155,156,157,158,159,160,161,162,163,164,165,166,167,168,169,170,171,172,173,174,175,176,177,178,179,180,181,182,183,184,185,186,187,188,189,190,191,192,193,194,195,196,197,198,199,200,201,202,203,204,205,206,207,208,209,210,211,212,213,214,215,216,217,218,219,220,221,222,223,224,225,226,227,228,229,230,231,232],"promoting","pr","pro","prom","promo","promot","promoti","promotin","new","bank","ba","ban","formation","fo","for","form","forma","format","formati","formatio","act","to","require","re","req","requ","requi","requir","the","appropriate","ap","app","appr","appro","approp","appropr","appropri","appropria","appropriat","federal","fe","fed","fede","feder","federa","banking","banki","bankin","agencies","ag","age","agen","agenc","agenci","agencie","establish","es","est","esta","estab","establ","establi","establis","year","ye","yea","phase","ph","pha","phas","in","period","pe","per","peri","perio","de","novo","no","nov","financial","fi","fin","fina","finan","financ","financi","financia","institutions","ins","inst","insti","instit","institu","institut","instituti","institutio","institution","comply","co","com","comp","compl","with","wi","wit","capital","ca","cap","capi","capit","capita","standards","st","sta","stan","stand","standa","standar","standard","provide","prov","provi","provid","relief","rel","reli","relie","rural","ru","rur","rura","community","comm","commu","commun","communi","communit","banks","and","other","ot","oth","othe","purposes","pu","pur","purp","purpo","purpos","purpose","rep","barr","bar","andy","an","ky",true,[235],{"versionCode":236,"actionDate":30,"actionDesc":237,"text":238,"updateDate":239},"00","Introduced in House","\u003Cp>\u003Cstrong>Promoting New Bank Formation Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill eliminates and reduces certain requirements applicable to new depository institutions, certain rural community depository institutions, and federal savings associations.\u003C\u002Fp>\u003Cp>Federal banking agencies must issue rules allowing a new depository institution or depository institution holding company three years to meet capital requirements. During this period, a depository institution or its depository institution holding company may request to deviate from an approved business plan, and the appropriate agency has 30 days to approve or deny the request.\u003C\u002Fp>\u003Cp>In addition, the community bank leverage ratio—a way of evaluating debt levels—is reduced for new rural community depository institutions. Specifically, new rural community depository institutions must have a ratio of 8%, with a three-year phase-in of the rate. After this period, the ratio rises to its current level of 9%. \u003C\u002Fp>\u003Cp>Finally, the bill removes certain restrictions to allow federal savings associations to invest in, sell, or otherwise deal in agricultural loans.\u003C\u002Fp>","2025-04-02T18:14:36Z",[241,247,252,258,262,268,273,278,283,286,291,295,300,305,308,313,317,321,325,329,333,337,342,346],{"bioguideId":242,"fullName":243,"party":13,"state":244,"district":245,"sponsorshipDate":246,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"S000250","Rep. Sessions, Pete [R-TX-17]","TX","17","2025-04-01",{"bioguideId":248,"fullName":249,"party":13,"state":250,"district":245,"sponsorshipDate":251,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"L000599","Rep. Lawler, Michael [R-NY-17]","NY","2025-03-31",{"bioguideId":253,"fullName":254,"party":13,"state":255,"district":256,"sponsorshipDate":257,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"M001236","Rep. Moore, Tim [R-NC-14]","NC","14","2025-02-24",{"bioguideId":259,"fullName":260,"party":13,"state":261,"district":10,"sponsorshipDate":257,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"S001229","Rep. Shreve, Jefferson [R-IN-6]","IN",{"bioguideId":263,"fullName":264,"party":13,"state":265,"district":266,"sponsorshipDate":267,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"F000471","Rep. Fitzgerald, Scott [R-WI-5]","WI","5","2025-02-10",{"bioguideId":269,"fullName":270,"party":13,"state":271,"district":272,"sponsorshipDate":267,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"S001228","Rep. Schmidt, Derek [R-KS-2]","KS","2",{"bioguideId":274,"fullName":275,"party":13,"state":276,"district":10,"sponsorshipDate":277,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"R000612","Rep. Rose, John W. [R-TN-6]","TN","2025-02-05",{"bioguideId":279,"fullName":280,"party":13,"state":281,"district":282,"sponsorshipDate":277,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"A000379","Rep. Alford, Mark [R-MO-4]","MO","4",{"bioguideId":284,"fullName":285,"party":13,"state":255,"district":10,"sponsorshipDate":277,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"M001240","Rep. McDowell, Addison [R-NC-6]",{"bioguideId":287,"fullName":288,"party":13,"state":244,"district":289,"sponsorshipDate":290,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"W000816","Rep. Williams, Roger [R-TX-25]","25","2025-02-04",{"bioguideId":292,"fullName":293,"party":13,"state":294,"district":10,"sponsorshipDate":290,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"P000609","Rep. Palmer, Gary J. [R-AL-6]","AL",{"bioguideId":296,"fullName":297,"party":13,"state":298,"district":299,"sponsorshipDate":290,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"D000032","Rep. Donalds, Byron [R-FL-19]","FL","19",{"bioguideId":301,"fullName":302,"party":13,"state":303,"district":304,"sponsorshipDate":290,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"F000474","Rep. Flood, Mike [R-NE-1]","NE","1",{"bioguideId":306,"fullName":307,"party":13,"state":298,"district":272,"sponsorshipDate":290,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"D000628","Rep. Dunn, Neal P. [R-FL-2]",{"bioguideId":309,"fullName":310,"party":13,"state":311,"district":282,"sponsorshipDate":312,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"T000480","Rep. Timmons, William R. [R-SC-4]","SC","2025-01-23",{"bioguideId":314,"fullName":315,"party":13,"state":255,"district":316,"sponsorshipDate":312,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"K000405","Rep. Knott, Brad [R-NC-13]","13",{"bioguideId":318,"fullName":319,"party":13,"state":298,"district":320,"sponsorshipDate":312,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"F000472","Rep. Franklin, Scott [R-FL-18]","18",{"bioguideId":322,"fullName":323,"party":13,"state":324,"district":282,"sponsorshipDate":312,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"H001058","Rep. Huizenga, Bill [R-MI-4]","MI",{"bioguideId":326,"fullName":327,"party":13,"state":244,"district":10,"sponsorshipDate":328,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"E000071","Rep. Ellzey, Jake [R-TX-6]","2025-01-22",{"bioguideId":330,"fullName":331,"party":13,"state":244,"district":332,"sponsorshipDate":328,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"D000594","Rep. De La Cruz, Monica [R-TX-15]","15",{"bioguideId":334,"fullName":335,"party":13,"state":336,"district":272,"sponsorshipDate":328,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"D000634","Rep. Downing, Troy [R-MT-2]","MT",{"bioguideId":338,"fullName":339,"party":13,"state":340,"district":341,"sponsorshipDate":328,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"L000583","Rep. Loudermilk, Barry [R-GA-11]","GA","11",{"bioguideId":343,"fullName":344,"party":13,"state":345,"district":10,"sponsorshipDate":328,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"C001118","Rep. Cline, Ben [R-VA-6]","VA",{"bioguideId":347,"fullName":348,"party":13,"state":349,"district":350,"sponsorshipDate":351,"isOriginalCosponsor":23,"withdrawn":23,"sponsorshipWithdrawnDate":3},"M001204","Rep. Meuser, Daniel [R-PA-9]","PA","9","2025-01-21",{"S000250":353,"L000599":354,"M001236":355,"S001229":356,"F000471":357,"S001228":358,"R000612":359,"A000379":360,"M001240":361,"W000816":362,"P000609":363,"D000032":364,"F000474":365,"D000628":366,"T000480":367,"K000405":368,"F000472":369,"H001058":370,"E000071":371,"D000594":372,"D000634":373,"L000583":374,"C001118":375,"M001204":376},"pete-sessions","michael-lawler","tim-moore","jefferson-shreve","scott-fitzgerald","derek-schmidt","john-w-rose","mark-alford","addison-p-mcdowell","roger-williams","gary-j-palmer","byron-donalds","mike-flood","neal-p-dunn","william-r-timmons","brad-knott","scott-franklin","bill-huizenga","jake-ellzey","monica-de-la-cruz","troy-downing","barry-loudermilk","ben-cline","daniel-meuser",[378,383,391,398,407,414,422,426],{"actionDate":6,"actionDateTime":3,"text":35,"type":379,"actionCode":380,"sourceSystem":381,"committees":3,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":27,"isKeyMilestone":23},"Calendars","H12410",{"code":38,"name":382},"House floor actions",{"actionDate":6,"actionDateTime":3,"text":384,"type":385,"actionCode":386,"sourceSystem":387,"committees":388,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":390,"isKeyMilestone":23},"Reported (Amended) by the Committee on Financial Services. H. Rept. 119-90.","Committee","H12200",{"code":38,"name":382},[389],{"name":59,"systemCode":60},1,{"actionDate":6,"actionDateTime":3,"text":384,"type":385,"actionCode":392,"sourceSystem":393,"committees":396,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":38,"isKeyMilestone":23},"5000",{"code":394,"name":395},9,"Library of Congress",[397],{"name":59,"systemCode":60},{"actionDate":399,"actionDateTime":3,"text":400,"type":385,"actionCode":401,"sourceSystem":402,"committees":404,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":406,"isKeyMilestone":23},"2025-04-02","Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 21.","H19000",{"code":390,"name":403},"House committee actions",[405],{"name":59,"systemCode":60},3,{"actionDate":399,"actionDateTime":3,"text":408,"type":385,"actionCode":409,"sourceSystem":410,"committees":411,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":413,"isKeyMilestone":23},"Committee Consideration and Mark-up Session Held","H15001",{"code":390,"name":403},[412],{"name":59,"systemCode":60},4,{"actionDate":30,"actionDateTime":3,"text":415,"type":416,"actionCode":417,"sourceSystem":418,"committees":419,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":421,"isKeyMilestone":23},"Referred to the House Committee on Financial Services.","IntroReferral","H11100",{"code":38,"name":382},[420],{"name":59,"systemCode":60},5,{"actionDate":30,"actionDateTime":3,"text":237,"type":416,"actionCode":423,"sourceSystem":424,"committees":3,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":425,"isKeyMilestone":233},"Intro-H",{"code":394,"name":395},6,{"actionDate":30,"actionDateTime":3,"text":237,"type":416,"actionCode":427,"sourceSystem":428,"committees":3,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":429,"isKeyMilestone":233},"1000",{"code":394,"name":395},7,[],{},[],"andy-barr"]