H.R. 2835 · Where this bill is now
Waiting for a House vote
Approved by committee Jul 15, 2025; no House vote yet
What this bill does
In plain words · AI-written from the official summaryRaises debt limits for small bank holding companies
This bill tells the Federal Reserve Board to increase the asset threshold—basically the size cutoff—that determines which bank holding companies count as small. Bank holding companies that fall under this threshold are allowed to operate with higher debt levels than larger banks. The change would let more smaller banks use debt in ways that bigger banks can't.
How it affects you
If you own or work at a smaller bank, this could make it easier for your bank to borrow money and manage its finances. For regular customers and people in communities with smaller banks, the change might affect how your bank operates and what services it can offer, though the summary doesn't spell out those specific effects.
Read the official summary (Introduced in House, Apr 10, 2025)
Small Bank Holding Company Relief Act
This bill requires the Federal Reserve Board to raise the consolidated asset threshold under which a specified policy statement applies to small bank holding companies. The policy statement allows small bank holding companies to operate with higher debt levels than would be allowed for larger bank holding companies.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 2835
A BILL
Small Bank Holding Company Relief Act
Sponsor: Rep. Byron Donalds (R-FL-19) · Introduced Apr 10, 2025 · Finance and Financial Sector · 2 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jul 15, 2025: “Placed on the Union Calendar, Calendar No. 165.”