[Report No. 119–473]
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
To require the Federal banking agencies to study improving the growth, capital adequacy, and profitability of rural depository 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 Rural Depositories Revitalization Study Act
.
Sec. 2. 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.