US Congress · H.R. 4437 · Passed the House

SMART Act of 2025

Introduced

Moved

Reached a final decision

Introduced 2025-07-16

Derived from the official record below.

Officially: “SMART Act of 2025” Read the full text

Finance and Financial Sector

What it does

Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 or the SMART Act of 2025 This 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 d

Summary by the Congressional Research Service, from the official record. Plain-language AI rewrite coming. Not legal advice.

Where it is

Introduced · 2025-07-16

In the House.

Passed the House · 2026-05-12

Senate floor vote · next · the next step

Official documents

Full bill textread it on this site, version rfs (Referred in Senate), as published by GovInfo

official

The on-site text is shown verbatim from the GovInfo publication, captured 2026-07-23. The same version at GovInfo.

The numbers

29%

of bills that passed one chamber became law in the 118th Congress, 2023 to 2024 (n=939)

sponsors, out of 218 needed to pass

Who is lobbying on this

AMERICAN FINTECH COUNCILvia AMERICAN FINTECH COUNCIL

5 filings

CHAMBER OF COMMERCE OF THE U.S.A.via CHAMBER OF COMMERCE OF THE U.S.A.

5 filings

INDEPENDENT COMMUNITY BANKERS OF AMERICAvia INDEPENDENT COMMUNITY BANKERS OF AMERICA

5 filings

AMERICAN FINTECH COUNCILvia 1607 STRATEGIES, LLC

4 filings

CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSvia CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS

4 filings

AMERICAN BANKERS ASSOCIATIONvia AMERICAN BANKERS ASSOCIATION

3 filings

COMMUNITY BANKERS ASSOCIATION OF ILLINOISvia COMMUNITY BANKERS ASSOCIATION OF ILLINOIS

1 filing

From 27 filings in federal lobbying disclosures (LDA), via lda.gov, naming this bill (2025 to 2026). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.

Every fact on this page links to its source, starting with the official bill record. Last action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (2026-05-13).