HR 1900
· 119th Congress
· Finance and Financial Sector
Bank Failure Prevention Act of 2025
Sponsor
Latest action
Placed on the Union Calendar, Calendar No. 101.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
Jun 04, 2025
committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-132.
Financial Services Committee
Jun 04, 2025
other
Placed on the Union Calendar, Calendar No. 101.
May 21, 2025
committee
Committee Consideration and Mark-up Session Held
Financial Services Committee
May 21, 2025
committee
Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 21.
Financial Services Committee
Mar 06, 2025
introduced
Introduced in House
Mar 06, 2025
introduced
Referred to the House Committee on Financial Services.
Financial Services Committee
Text versions
Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.
CRS summaries
Plain-English summaries written by the Congressional Research Service — neutral, nonpartisan staff who summarize bills as they advance through stages. The authoritative description of what each version of the bill does.
00
Introduced in House
Mar 06, 2025
Bank Failure Prevention Act of 2025
This bill revises the Federal Reserve Board’s review process of merger and acquisition applications for bank holding companies.
Specifically, the board must notify the applicant within a certain time period regarding whether the application is complete or if additional information is required. The board must grant or deny such an application no later than 90 days after submission, regardless of whether the application was deemed complete. (Currently, the board must grant or deny an application no later than 90 days after receipt of a complete application.)
In addition, the board is prohibited from basing such application determinations on information provided by third parties.
via Congressional Research Service · published through congress.gov
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+110
−11
50 unchanged
--- Introduced (House)
+++ Reported (House)
@@ -1,12 +1,15 @@
[From the U.S. Government Publishing Office]
-[H.R. 1900 Introduced in House (IH)]
+[H.R. 1900 Reported in House (RH)]
<DOC>
+Union Calendar No. 101
119th CONGRESS
1st Session
H. R. 1900
+[Report No. 119-132]
+
To specify when the record is complete on certain acquisition
applications related to depository institution holding companies, and
for other purposes.
@@ -19,6 +22,19 @@
Mr. Barr (for himself and Mr. Fitzgerald) introduced the following
bill; which was referred to the Committee on Financial Services
+
+June 4, 2025
+
+Additional sponsors: Mr. Meuser and Mr. Sessions
+
+June 4, 2025
+
+Reported with an amendment, committed to the Committee of the Whole
+House on the State of the Union, and ordered to be printed
+[Strike out all after the enacting clause and insert the part printed
+in italic]
+[For text of introduced bill, see copy of bill as introduced on March
+6, 2025]
_______________________________________________________________________
@@ -62,9 +78,9 @@
that is required for the record on that
application to be complete.
``(ii) Extension of notice.--Notwithstanding clause
-(i), the Board may, if an application is unusually
-complex, extend the 30-day period described under
-clause (i) for an additional 30 days.
+(i), the Board may, if an application is complex,
+extend the 30-day period described under clause (i) for
+an additional 30 days.
``(iii) Receipt of response; deeming of complete
record.--Upon receipt of a response from an applicant
to a notice requesting additional information described
@@ -80,7 +96,7 @@
determining whether the record on an application is
complete, the Board may take into account only
information provided by the applicant, and may not base
-the determination of the Board on any information
+the determination of completeness on any information
(including reports, views, or recommendations) provided
by third parties.
``(C) Deadline for determination.--
@@ -93,7 +109,12 @@
``(ii) Failure to make a determination.--If the
Board does not grant or deny an application within the
time period described under clause (i), such
-application shall be deemed to have been granted.''.
+application shall be deemed to have been granted.
+``(iii) Tolling of period.--The Board may at any
+time extend the deadline described under clause (i) at
+the request of the applicant, but may not extend the
+deadline more than 30 days past the deadline described
+under clause (i).''.
(b) Savings and Loan Holding Companies.--Section 10(e) of the Home
Owners' Loan Act (12 U.S.C. 1467a(e)) is amended--
(1) in paragraph (2), by striking ``, and shall render a
@@ -114,8 +135,8 @@
application to be complete.
``(B) Extension of notice.--Notwithstanding
subparagraph (A), the Board may, if an application is
-unusually complex, extend the 30-day period described
-under subparagraph (A) for an additional 30 days.
+complex, extend the 30-day period described under
+subparagraph (A) for an additional 30 days.
``(C) Receipt of response; deeming of complete
record.--Upon receipt of a response from an applicant
to a notice requesting additional information described
@@ -131,7 +152,7 @@
determining whether the record on an application is
complete, the Board may take into account only
information provided by the applicant, and may not base
-the determination of the Board on any information
+the determination of completeness on any information
(including reports, views, or recommendations) provided
by third parties.
``(8) Deadline for determination.--
@@ -145,5 +166,83 @@
``(B) Failure to make a determination.--If the
Board does not grant or deny an application within the
time period described under subparagraph (A), such
-application shall be deemed to have been granted.''.
-<all>
+application shall be deemed to have been granted.
+``(C) Tolling of period.--The Board may at any time
+extend the deadline described under subparagraph (A) at
+the request of the applicant, but may not extend the
+deadline more than 30 days past the deadline described
+under subparagraph (A).''.
+(c) Insured Depository Institutions.--Section 18(c) of the Federal
+Deposit Insurance Act (12 U.S.C. 1828(c)) is amended by adding at the
+end the following:
+``(14) Complete Record on an Application.--
+``(A) Notice to applicant.--Not later than 30 days after
+the date on which the responsible agency receives a merger
+application for approval under this subsection, the responsible
+agency shall transmit to the applicant a letter that either--
+``(i) confirms the record on the application is
+complete; or
+``(ii) details all additional information that is
+required for the record on that application to be
+complete.
+``(B) Extension of notice.--Notwithstanding subparagraph
+(A), the responsible agency may, if an application is unusually
+complex, extend the 30-day period described under subparagraph
+(A) for an additional 30 days.
+``(C) Receipt of response; deeming of complete record.--
+Upon receipt of a response from an applicant to a notice
+requesting additional information described under subparagraph
+(A)(ii), the record on the application shall be deemed complete
+unless the responsible agency--
+``(i) determines that the applicant's response was
+materially deficient; and
+``(ii) not later than 30 days after the date on
+which the responsible agency received the response,
+provides the applicant a detailed notice describing the
+deficiencies.
+``(D) Treatment of third-party information.--In determining
+whether the record on an application is complete, the
+responsible agency may take into account only information
+provided by the applicant, and may not base the determination
+of completeness on any information (including reports, views,
+or recommendations) provided by third parties.
+``(15) Deadline for Determination.--
+``(A) In general.--Notwithstanding any other provision of
+this subsection, the responsible agency shall grant or deny a
+merger application submitted under this subsection not later
+than 90 days after the date on which the application was
+initially submitted to the responsible agency, regardless of
+whether the record on such initial application was complete.
+``(B) Failure to make a determination.--If the responsible
+agency does not grant or deny an application within the time
+period described under subparagraph (A), such application shall
+be deemed to have been granted.
+``(C) Tolling of period.--The responsible agency may at any
+time extend the deadline described under subparagraph (A) at
+the request of the applicant, but may not extend the deadline
+more than 30 days past the deadline described under
+subparagraph (A).''.
+Union Calendar No. 101
+
+119th CONGRESS
+
+1st Session
+
+H. R. 1900
+
+[Report No. 119-132]
+
+_______________________________________________________________________
+
+A BILL
+
+To specify when the record is complete on certain acquisition
+applications related to depository institution holding companies, and
+for other purposes.
+
+_______________________________________________________________________
+
+June 4, 2025
+
+Reported with an amendment, committed to the Committee of the Whole
+House on the State of the Union, and ordered to be printed
Lobbying activity
Organizations whose LDA filings reference this bill, ranked by filing count. Position not disclosed — LDA does not require lobbyists to report support / oppose / monitor. Bill-number references can be stale (lobbyists sometimes copy text year-over-year), so verify against the filing description.
4
filings · 2026 Q3
4
filings · 2026 Q3
4
filings · 2026 Q3
2
filings · 2025 Q3
1
filings · 2025 Q2
1
filings · 2025 Q2
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Cosponsors (3)
Members who signed on to support this bill.