KnowGovRepresentation. Influence. Action.
BillHR 7056 · 119

Community Bank Regulatory Tailoring Act

Introduced
Jan 14, 2026
Cosponsors
2
Traction
0
Last Action
Mar 19, 2026

Bill Summary

Relaxes some banking regulations for community banks, allowing them to operate with fewer rules. This change applies to smaller banks with less than $10 billion in assets.

Sponsored By

Andy Barr
Republican · Kentucky · House

Bill Journey

  1. Jan 14, 2026
  4. Mar 19, 2026You Are Here

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

The bill affects community banks and their customers, potentially making it easier for these banks to lend and operate. It may also impact bank regulators, who would have fewer rules to enforce for these smaller banks.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
3backers
  • Democratic1
  • Republican2
Cross-party cosponsors1 · 50%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (2)

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeHouse Committee (sample)Sample
IntroducedJan 14, 2026
Last UpdatedMar 19, 2026
Latest ActionPlaced on the Union Calendar, Calendar No. 480.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.