Bills · HR 1900
REPORTED· 119TH CONGRESS
House BillHR 1900Business recordsCorporate finance and management
Bank Failure Prevention Act of 2025
INTRO MAR 6· LAST ACTION JUN 4
READING
7MIN
COSPONSORS
3
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Reported, not passed
LEGISLATIVE PROGRESS
STEP 3 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it could significantly change the landscape of the banking industry. If this bill becomes law, banks and financial institutions would face less waiting time and uncertainty when trying to merge or acquire other companies, potentially making such deals easier and faster to execute. This could lead to more rapid consolidation in the banking sector, meaning fewer independent banks and potentially larger financial institutions.
For consumers, this might mean changes in their local banking options, as mergers could lead to branch closures or changes in services. If the bill doesn't become law, the current, often lengthier, regulatory review process for bank mergers and acquisitions would continue, potentially slowing down industry consolidation and allowing for more thorough regulatory scrutiny before deals are approved.
KEY PROVISIONS
4AI-extractedPROVISION 01
Requires regulators to notify applicants within 30 days (or 60 for complex cases) whether an application record is complete or what additional information is needed.
This provision creates a clear initial timeline for communication between regulators and applicants, reducing early delays and uncertainty.
PROVISION 02
Defines a complete application record primarily based on information provided by the applicant, excluding third-party information from the completeness determination.
This limits what regulators can consider when deciding if an application is ready for full review, potentially streamlining the process but also narrowing the scope of initial completeness checks.
PROVISION 03
Establishes a strict 90-day deadline for regulators to approve or deny an application, starting from the initial submission date, regardless of when the record becomes complete.
This creates a firm, overall timeline for decision-making, significantly speeding up the entire application review process for banks.
PROVISION 04
Stipulates that if regulators fail to meet the 90-day (or applicant-requested extended 120-day) deadline, the application is automatically approved.
This 'deemed granted' provision puts significant pressure on regulators to act promptly and serves as a strong incentive to meet deadlines.
SPONSORSHIP
1 + 3
R· Kentucky
YRS IN OFFICE
13
BILLS LED
60
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 3 IND 0
ACTION TIMELINE
6 EVENTSJUN 4
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-132.
JUN 4
Placed on the Union Calendar, Calendar No. 101.
MAY 21
Committee Consideration and Mark-up Session Held
MAY 21
Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 21.
BILL INFO
TypeHouse Bill
NumberHR 1900
Congress119th
StatusReported
IntroducedMar 6, 2025
Last actionJun 4, 2025
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REPORTED· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED MAR 6, 2025
House BillHR 1900Business recordsCorporate finance and management
Bank Failure Prevention Act of 2025
INTRODUCED MAR 6, 2025· LAST ACTION JUN 4, 2025
PASSAGE CHANCES
—%
READING
7 min
COSPONSORS
3
COMPLEXITY
Moderate
