FIRM Act
Sponsored by Tim Scott RRepublican, introduced . Policy area, as Congress files it: Finance and Financial Sector.
Status is read from the official actions by their Library of Congress codes: Became Public Law (36000) or a law number on the bill reads "Became law"; Vetoed (31000) reads "Vetoed"; Presented to President (28000) reads "Sent to the President"; passed or agreed to in the House (8000) and in the Senate (17000) reads "Passed both chambers"; one of them alone reads "Passed the House" or "Passed the Senate" ("Agreed to" for a resolution); reported to the House (5000) or the Senate (14000) reads "Reported by committee"; anything else reads "Introduced".
Source: Congress.gov data service (Library of Congress). Text versions: our copies of govinfo.gov’s files. Our copy was saved October 15, 2026.
Cosponsors
12 cosponsors.
| Member | Joined |
|---|---|
| Mike Crapo RRepublicanOriginal cosponsor | |
| Mike Rounds RRepublicanOriginal cosponsor | |
| Thom Tillis RRepublicanOriginal cosponsor | |
| John Kennedy RRepublicanOriginal cosponsor | |
| Bill Hagerty RRepublicanOriginal cosponsor | |
| Cynthia M. Lummis RRepublicanOriginal cosponsor | |
| Katie Boyd Britt RRepublicanOriginal cosponsor | |
| Pete Ricketts RRepublicanOriginal cosponsor | |
| Kevin Cramer RRepublicanOriginal cosponsor | |
| Bernie Moreno RRepublicanOriginal cosponsor | |
| David McCormick RRepublicanOriginal cosponsor | |
| Jim Banks RRepublicanOriginal cosponsor |
Text
| Version | Date | Our copy |
|---|---|---|
| Reported to Senate | Not checked yetThe official file | |
| Introduced in Senate | Not checked yetThe official file |
Actions
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.
- Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, under authority of the order of the Senate of 03/14/2025 with an amendment in the nature of a substitute. Without written report.
- Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, under authority of the order of the Senate of 03/14/2025 with an amendment in the nature of a substitute. Without written report.
- Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate
Committees
- Banking, Housing, and Urban Affairs Committee (Senate)Reported By, March 18, 2025; Markup By, March 13, 2025; Referred To, March 6, 2025
Hearings
We hold hearing records only for bills that became law.
Who lobbied on this bill
Not checked yetNo lobbying report we hold names S. 875.