Summary

Raises many dollar-based asset and reporting thresholds in federal banking laws to much larger amounts and requires regulators to adjust those thresholds upward every five years using a formula tied to current‑dollar U.S. GDP. The changes increase the asset cutoffs that trigger enhanced supervision, reporting, and designation for bank holding companies, savings and loan holding companies, covered financial companies, and related assessments, and set specific timing, rounding, publication, and reporting rules for periodic adjustments.

• Raises many statutory dollar thresholds used in federal banking laws to substantially higher amounts.
• Institutes automatic five‑year upward adjustments of specified thresholds tied to changes in nominal (current‑dollar) U.S. GDP.
• Applies to asset and designation thresholds for bank holding companies, savings & loan holding companies, covered financial companies, and related assessment/reporting triggers.
• Sets precise rounding rules and publication timing for adjustments and requires agencies to publish changes in the Federal Register.
• Requires regulators (Federal Reserve, OCC, FDIC) to review and align regulatory thresholds and non‑statutory numeric triggers every five years, with reports to Congress.
• Does not create new programs, agencies, or appropriations; changes are primarily numeric and procedural.
• First automatic GDP‑based calculation occurs April 1, 2031 with the resultant increase taking effect the following January 1.
• Agency reviews of regulations are required by June 30, 2026 and every five years after, to update non‑statutory thresholds.
• By raising thresholds, fewer firms will initially be captured by enhanced supervision and designation rules, unless their assets grow to meet new cutoffs.
• Indexing reduces the need for frequent statutory updates but could delay strengthened oversight of growing financial firms between adjustment periods.