H.R. 3230 — Introduced in House

I 119th CONGRESS 1st Session H. R. 3230 IN THE HOUSE OF REPRESENTATIVES May 7, 2025Mr. Barr (for himself and Mr. Meuser) introduced the following bill; which was referred to the Committee on Financial Services A BILL To increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes. 1. Short title This Act may be cited as the Financial Institution Regulatory Tailoring Enhancement Act. 2. Increased asset thresholds (a) Bureau Supervision Section 1025(a) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5515) is amended by striking $10,000,000,000 each place it occurs and inserting $50,000,000,000. (b) Volker rule requirements Section 13(h)(1)(B)(i) of the Bank Holding Company Act of 1956 (12 U.S.C. 1851(h)(1)(B)(i)) is amended by striking $10,000,000,000 and inserting $50,000,000,000. (c) Qualified mortgage requirements Section 129C(b)(F)(i) of the Truth in Lending Act (15 U.S.C. 1639c(b)(F)(i)) is amended by striking $10,000,000,000 and inserting $50,000,000,000. (d) Leverage and risk-Based capital requirements Section 201(a)(3)(A) of the Economic Growth, Regulatory Relief, and Consumer Protection Act (12 U.S.C. 5371 note (a)(3)(A)) is amended by striking $10,000,000,000 and inserting $50,000,000,000.