House bill · 119th Congress · Latest step: Committee action
FAIR Exams Act
Official title: To amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes.
Sponsor: Rep. J. Hill R-ARWhere it went
- IntroducedFeb 4, 2025
- Committee actionMay 21, 2025
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Jul 25, 2025 — Placed on the Union Calendar, Calendar No. 176.
Cost and committee reports
Official records Congress.gov attaches to H.R. 940.
- CBO cost estimateThe Congressional Budget Office published “H.R. 940, FAIR Exams Act” on May 21, 2026. CBO’s description reads “As reported by the House Committee on Financial Services on July 25, 2025”.Read the CBO estimate ↗Source: Congressional Budget Office, May 21, 2026 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/62460
- CBO publication date
- May 21, 2026
- Congress.gov bill record
- H.R. 940, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/940
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
9f85da462e16f8fe6e9597c3953901f1bf653323e3c9da2594e7b2e05d8813eb
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-216 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on July 25, 2025.Source: Congress.gov, reported July 25, 2025 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/216
- Congress.gov bill record
- H.R. 940, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/940
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
9f85da462e16f8fe6e9597c3953901f1bf653323e3c9da2594e7b2e05d8813eb
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. HILL of Arkansas, as printed in the Congressional Record (Vol. 171, No. 23, February 4, 2025, Page H460):Article I, Section 8 of the United States ConstitutionSource: Congress.gov, Congressional Record February 4, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 54 characters
- Congress.gov bill record
- H.R. 940, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/940
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
9f85da462e16f8fe6e9597c3953901f1bf653323e3c9da2594e7b2e05d8813eb
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
From the Congress.gov bill record for H.R. 940, 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
10 cosponsors — 8 Republicans, 2 Democrats
2 of 10 cosponsors (20%) are from the other party.
Cleo Fields (D-LA), Mike Haridopolos (R-FL), Bill Huizenga (R-MI), Daniel Meuser (R-PA), Tim Moore (R-NC), David Scott (D-GA), Pete Sessions (R-TX), William Timmons (R-SC), Ann Wagner (R-MO), Roger Williams (R-TX).
More from the sponsor
Other 119th Congress bills sponsored by Rep. J. Hill.
- H.R. 6644 (119th) 21st Century ROAD to Housing Act
- H.R. 6955 (119th) Main Street Capital Access Act
- H.R. 3633 (119th) Digital Asset Market Clarity Act
- H.R. 3394 (119th) Fair Investment Opportunities for Professional Experts Act
- H.R. 1612 (119th) Flatside Wilderness Additions Act
- H.R. 3187 (119th) To require the Secretary of Agriculture to convey a parcel of property of the Forest Service to Perry County, Arkansas, and for other…
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.