119th Congress · House bill · Last action May 13, 2026
H.R. 3709Passed HouseFinance and Financial Sector
Advancing the Mentor-Protégé Program for Small Financial Institutions Act
Sponsor: Rep. Beatty, Joyce (D-OH)Introduced Jun 4, 2025
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In plain English
Rep. Joyce Beatty (D-OH) sponsors this bill, which establishes a Financial Agent Mentor-Protégé Program within the Treasury Department. The program pairs minority-owned, rural, and small depository institutions with mentors from larger financial institutions or Treasury-designated financial agents to help these smaller institutions improve their service capacity and qualify to serve as financial agents for the federal government.
Generated by ThePolitibase from the bill text and CRS summary. Read the official text →
Note: the official CRS summary for this bill was written on 2025-07-15, but the bill text was revised on 2026-05-13T04:00:00Z. Provisions may have been added since the summary was written — the section list above reflects the current text.
Where it is in the process
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Introduced
Jun 4
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House committee
Jun 10
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House floor
May 12
4
Senate
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5
Signed
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What happens next: Cleared the House. Now goes to the Senate for consideration.
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Activity timeline
May 13
May 13
May 13
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 12
May 12
May 12
Motion to reconsider laid on the table Agreed to without objection.
May 12
May 12
May 12
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
May 12
May 12
May 12
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
May 12
May 12
May 12
DEBATE - The House proceeded with forty minutes of debate on H.R. 3709.
May 12
May 12
May 12
Considered under suspension of the rules. (consideration: CR H3356-3357)
May 12
May 12
May 12
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 15
Jul 15, 2025
Jul 15, 2025
Placed on the Union Calendar, Calendar No. 168.
Jul 15
Jul 15, 2025
Jul 15, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Jul 15
Jul 15, 2025
Jul 15, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Full action log
All 15 recorded actions since introduction · Source: Congress.gov
2026
May 13
SENATEReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 12
HOUSEMotion to reconsider laid on the table Agreed to without objection.
May 12
HOUSEOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
May 12
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
May 12
HOUSEDEBATE - The House proceeded with forty minutes of debate on H.R. 3709.
May 12
HOUSEConsidered under suspension of the rules. (consideration: CR H3356-3357)
May 12
HOUSEMr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
2025
Jul 15
HOUSEPlaced on the Union Calendar, Calendar No. 168.
Jul 15
HOUSEReported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Jul 15
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Jun 10
HOUSEOrdered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
Jun 10
HOUSECommittee Consideration and Mark-up Session Held
Jun 4
HOUSEReferred to the House Committee on Financial Services.
Jun 4
Introduced in House
Jun 4
Introduced in House
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