U.S. Senate · 119th Congress · S. 113
Promoting New Bank Formation Act of 2025
A bill 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.
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- Sponsor
- Cindy Hyde-SmithR-MS
- Introduced
- January 16, 2025, in the Senate
- Issue areas
- Policy area
- Finance and Financial Sector (from the Congressional Research Service)
- Full text and actions
- congress.gov
Votes on this bill (0)
Neither the House nor the Senate has held a roll-call vote on this bill.
Cosponsors (1)
1 Republican. Each member is shown with the party they were counted with on the day they signed on. How we count these
Signed on later
- Tim SheehyR-MTJanuary 27, 2025