House bill · 119th Congress · Latest step: Passed House
SMART Act of 2025
Official title: To reduce the regulatory burden on certain well managed and well capitalized financial institutions, and for other purposes.
Sponsor: Rep. William Timmons R-SCWhere it went
- IntroducedJul 16, 2025
- Committee actionJul 22, 2025
- Passed HouseMay 12, 2026 · by voice vote
- Passed Senate—
- To the President—
- Became law—
Latest action: May 13, 2026 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Cost and committee reports
Official records Congress.gov attaches to H.R. 4437.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-249 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on September 8, 2025.Source: Congress.gov, reported September 8, 2025 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/249
- Congress.gov bill record
- H.R. 4437, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/4437
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
f7ddc4a07f4954d5ae30417d998a2c2283fc3c6fc6f0c49f2c6af60a6449673e
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. TIMMONS, as printed in the Congressional Record (Vol. 171, No. 122, July 16, 2025, Page H3368):Article I, Section 8 of the U.S. ConstitutionSource: Congress.gov, Congressional Record July 16, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 45 characters
- Congress.gov bill record
- H.R. 4437, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/4437
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
f7ddc4a07f4954d5ae30417d998a2c2283fc3c6fc6f0c49f2c6af60a6449673e
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate (as of September 19, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 4437, last updated September 19, 2026. PORKER’s copy was retrieved September 24, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
1 cosponsor — 1 Democrat
1 of 1 cosponsors (100%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. William Timmons.
- H.R. 4431 (119th) Improving Capital Allocation for Newcomers Act of 2025
- H.R. 5810 (119th) Federal Supervisor Education Act
- H.R. 1755 (119th) Timely and Accurate Benefits Act
- H.R. 7274 (119th) Federal Acquisition Security Council Improvement Act of 2026
- H.R. 5163 (119th) Clean and Managed Public Spaces Act
- H.R. 6544 (119th) REVIEW Act of 2025
Related bills
- H.R. 6955 (119th) Main Street Capital Access ActRelated bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 24, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.