H. R. 4437
July 16, 2025
Mr. Timmons (for himself and Mr. Foster) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To reduce the regulatory burden on certain well managed and well capitalized financial institutions, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Supervisory Modifications for Appropriate Risk-based Testing Act of 2025” or the “SMART Act of 2025”.