H.R. 6536 – Reading Mode

Union Calendar No. 404

119th CONGRESS

2d Session

H. R. 6536

[Report No. 119–473]

IN THE HOUSE OF REPRESENTATIVES

December 9, 2025

Mr. Norman introduced the following bill; which was referred to the Committee on Financial Services

February 2, 2026

Additional sponsors: Mr. Rose, Mr. Gottheimer, and Mr. Moore of North Carolina

February 2, 2026

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 December 9, 2025

A BILL

To require the Federal banking agencies to study improving the growth, capital adequacy, and profitability of rural depository institutions, and for other purposes.

Short title

This Act may be cited as the Rural Depositories Revitalization Study Act.

Study on improving the growth, capital adequacy, and profitability of rural depository institutions

(a)

Study

The Federal banking agencies shall, jointly, carry out a study—

(1)

to identify methods to improve the growth, capital adequacy, and profitability of depository institutions in the United States that primarily serve rural areas; and

(2)

to identify Federal statutes (other than appropriations Acts) or regulations of the Federal banking agencies that limit—

(A)

the methods identified under paragraph (1); or

(B)

the establishment of de novo depository institutions in rural areas.

(b)

Report

Not later than 1 year after the date of enactment of this Act, the Federal banking agencies shall, jointly, issue a report to Congress containing all findings and determinations made in carrying out the study required under subsection (a).

(c)

Definitions

In this section:

(1)

Depository institution

The term depository institution has the meaning given that term in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(2)

Federal banking agencies

The term Federal banking agencies means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.

(3)

Rural

With respect to an area, the term rural has the meaning given that term in section 1026.35(b)(2)(iv)(A) of title 12, Code of Federal Regulations.

February 2, 2026

Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed