{"bill":{"id":"119-hr-6553","congress":119,"type":"HR","number":6553,"title":"TIER Act of 2025","originChamber":"House","introducedDate":"2025-12-10","sponsors":[{"bioguideId":"B001282","fullName":"Rep. Barr, Andy [R-KY-6]","party":"R","state":"KY","district":6}],"cosponsorsCount":7,"latestAction":{"actionDate":"2026-02-25","text":"Placed on the Union Calendar, Calendar No. 457."},"policyArea":"Finance and Financial Sector","subjects":["Bank accounts, deposits, capital","Banking and financial institutions regulation","Currency","Economic performance and conditions","Financial crises and stabilization","Performance measurement"],"actions":[{"date":"2026-02-25","text":"Placed on the Union Calendar, Calendar No. 457.","type":"Calendars","chamber":"House floor actions","hasVote":false},{"date":"2026-02-25","text":"Reported (Amended) by the Committee on Financial Services. H. Rept. 119-532.","type":"Committee","chamber":"House floor actions","hasVote":false},{"date":"2026-02-25","text":"Reported (Amended) by the Committee on Financial Services. H. Rept. 119-532.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2025-12-17","text":"Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 19.","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-17","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-16","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-10","text":"Referred to the House Committee on Financial Services.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-12-10","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-12-10","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>Tailoring and Indexing Enhanced Regulations Act of 2025 or the TIER Act of 2025</strong></p><p>This bill increases the dollar asset thresholds for various fees, reporting requirements, and regulatory supervision applicable to certain financial companies and banks.</p><p>For&nbsp;example, the bill increases the asset threshold above which</p><ul><li>bank holding companies and savings and loan companies must pay certain Federal Reserve Board assessments;</li><li>financial holding companies need board approval to acquire a company;</li><li>bank holding companies must report on the company’s financial condition to the Financial Stability Oversight Council; and</li><li>bank holding companies may be subject to increased supervision if, among other things, they are found to pose a grave threat to U.S. financial stability.</li></ul><p>Periodically, the Federal Reserve Board must increase statutory thresholds and thresholds established by rule to reflect increases in the gross domestic product.&nbsp;</p>","updateDate":"2026-07-01T20:15:38Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":1429,"ts":"2026-07-14T04:24:43.046Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"https://simplefunctions.dev/api/public/query-gov?q=TIER%20Act%20of%202025"}]}}