CONNECT for Health Act of 2025

House Bill

H.R. 4206

119th Congress

CONNECT for Health Act of 2025

In Committee

Introduced:Nov 4, 2025

Primary Sponsor

Mark Takano

Representative

Democratic

CA-39

Cosponsors

1

Quick Stats

Policy Area

Finance and Financial Sector

Summary

The CONNECT for Health Act of 2025 would require large banks and financial institutions with over $100 billion in assets to include certain unrealized gains and losses, known as accumulated other comprehensive income (AOCI), when calculating their capital reserves. This change aims to provide a more accurate picture of the banks' financial health and stability.

Latest Action

Placed on the Union Calendar, Calendar No. 612.

AI Summary

Plain-English explanation of this bill

The CONNECT for Health Act of 2025 would require large banks and financial institutions with over $100 billion in assets to include certain unrealized gains and losses, known as accumulated other comprehensive income (AOCI), when calculating their capital reserves. This change aims to provide a more accurate picture of the banks' financial health and stability.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Bank Safety Act of 2023 This bill requires additional bank holding companies and insured depository institutions (i.e., those with over $100 billion in assets) to use certain information when calculating capital for purposes of meeting risk-based capital requirements. Specifically, these calculations must include certain unrealized gains and losses (i.e., accumulated other comprehensive income), except for accumulated net gains and losses on cash flow hedges related to items that are not recognized at fair value. Currently, only very large institutions are required to include this type of income in their capital calculations, while other institutions are allowed to opt out.

Key Points

Main provisions of the bill

The bill targets large banks and financial institutions with over $100 billion in assets.
It requires these institutions to include unrealized gains and losses, or AOCI, in their capital calculations.
This change is intended to give a more comprehensive view of the institutions' financial position and risk exposure.
Currently, only the largest institutions are required to include AOCI, while smaller ones can opt out.

How This Impacts Americans

Potential effects on citizens and communities

If enacted, this bill would impact the financial reporting and regulatory oversight of the largest banks and financial institutions in the United States. By requiring a more comprehensive calculation of capital reserves, it could uncover previously hidden risks and lead to changes in how these institutions operate and are supervised by regulators. This could have ripple effects on the broader financial system and economy.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Related Subjects

Bank accounts, deposits, capital

Banking and financial institutions regulation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

4206, 119th Congress (2025). "CONNECT for Health Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-4206