H.R. 4437 House Finance and Financial Sector
Supervisory Modifications for Appropriate Risk-based Testing Act of 2025
STAGE 4 OF 8 — HOUSE FLOOR
Currently in the House. Last action: received in the senate and read twice and referred to the committee on banking, housing, and urban affairs on May 13, 2026.
- House Introduced in House Jul 16, 2025
- House Referred to the House Committee on Financial Services. Jul 16, 2025
- House Committee Consideration and Mark-up Session Held Jul 22, 2025
- House Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 1. Jul 22, 2025
- House Reported (Amended) by the Committee on Financial Services. H. Rept. 119-249. Sep 8, 2025
- House Placed on the Union Calendar, Calendar No. 206. Sep 8, 2025
- House Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3353-3354) May 12, 2026
- House Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. May 12, 2026
- House Considered under suspension of the rules. (consideration: CR H3353-3356) May 12, 2026
- House DEBATE - The House proceeded with forty minutes of debate on H.R. 4437. May 12, 2026
- House Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. May 12, 2026
- House On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3353-3354) May 12, 2026
- House Motion to reconsider laid on the table Agreed to without objection. May 12, 2026
- Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. May 13, 2026
Cosponsors
1
Subjects
Bank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsCongressional oversightCorporate finance and managementGovernment studies and investigations
Committees
- Banking, Housing, and Urban Affairs Committee
- [Referred To, May 13, 2026]
- Financial Services Committee
- [Reported By, Sep 8, 2025]
- [Markup By, Jul 22, 2025]
- [Referred To, Jul 16, 2025]
Summary
Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 or the SMART Act of 2025This bill limits the scope of certain examinations and combines oversight procedures for certain small depository institutions and credit unions.Specifically, depository institutions and credit unions that are considered well-capitalized and well-managed (per their most recent examination) with assets of $6 billion or less must receive a limited-scope examination, as determined by the appropriate federal regulator, in the year following a full-scope examination. In addition, upon request by the depository institution or credit union, the regulator must combine separate compliance examinations (e.g., safety and soundness examinations and information technology examinations) and perform them at the same time.The bill provides exceptions for recently acquired depository institutions and for depository institutions and credit unions subject to certain formal enforcement proceedings or orders.
[Summary as of: Introduced in House]
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