Sponsors (9)
The bill trades clearer, more specific statutory limits that reduce legal ambiguity for banks against the risk that a numeric cap could be more restrictive (and briefly unclear), potentially constraining bank activity and shifting costs to consumers or taxpayers.
National banks and state member banks gain clearer, specific statutory guidance when a vague limit is replaced by the numeric '15', reducing legal uncertainty and likely lowering litigation and compliance costs.
Consumers and taxpayers could face higher costs if the new numeric limit is more restrictive than prior language and banks reduce lending or investment activity to comply, shifting expenses or reducing services.
State member banks face short-term regulatory uncertainty because the text inserts an unspecified change into 12 U.S.C. § 338a until the final language or guidance is clarified, complicating near-term compliance decisions.
Based on analysis of 2 sections of legislative text.
Revises numeric terms in two banking statutes, replacing existing numeric language (including inserting "15" in one provision) that affects national banks’ corporate powers and State member banks’ public-welfare investments.
Introduced November 4, 2025 by Michael Lawler · Last progress November 4, 2025
Revises two federal banking statutes by changing numeric language used in provisions governing national banks’ corporate powers and State member banks’ ‘‘public welfare’’ investments. One change replaces an existing numeric term with the number “15” in the corporate powers provision for national banks; the other inserts new (but unspecified in the text provided) numeric language into the statute that governs State member banks’ public-welfare investments. A separate short provision only provides the Act’s official short title.