House bill · 119th Congress · Latest step: Committee action
Least Cost Exception Act
Official title: To amend the Federal Deposit Insurance Act to provide an exception to the least-cost resolution requirement, and for other purposes.
Sponsor: Rep. Mike Flood R-NEWhere it went
- IntroducedDec 10, 2025
- Committee actionDec 16, 2025
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 2, 2026 — Placed on the Union Calendar, Calendar No. 405.
Cost and committee reports
Official records Congress.gov attaches to H.R. 6547.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-474 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on February 2, 2026.Source: Congress.gov, reported February 2, 2026 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/474
- Congress.gov bill record
- H.R. 6547, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/6547
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
e77de7d4f2d7bf2297c237c658bbce86e326dd89dd4f16025b4270eb04b21c73
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. FLOOD, as printed in the Congressional Record (Vol. 171, No. 208, December 10, 2025, Page H5561):Article I, Section 8, Clause 18 of the U.S. ConstitutionSource: Congress.gov, Congressional Record December 10, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 56 characters
- Congress.gov bill record
- H.R. 6547, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/6547
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
e77de7d4f2d7bf2297c237c658bbce86e326dd89dd4f16025b4270eb04b21c73
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. 6547, 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
4 cosponsors — 2 Republicans, 2 Democrats
2 of 4 cosponsors (50%) are from the other party.
Bill Foster (D-IL), Michael Lawler (R-NY), Jared Moskowitz (D-FL), John Rose (R-TN).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Mike Flood.
- H.R. 3339 (119th) Equal Opportunity for All Investors Act of 2025
- H.R. 7128 (119th) TRIA Program Reauthorization Act of 2026
- H.Res. 1381 (119th) Electing a Member to certain standing committees of the House of Representatives.
- H.Res. 38 (119th) Electing Members to certain standing committees of the House of Representatives.
- H.Res. 39 (119th) Ranking a Member on a certain standing committee of the House of Representatives.
- H.R. 8671 (119th) Bank Fraud Technology Advancement Act of 2026
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 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.