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House Bill 7508
119th Congress(2025-2026)
Financial Disclosure Modernization Act
Introduced
Introduced
Introduced in House on Feb 11, 2026
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Introduced in House 
Feb 11, 2026
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Introduced in House(Feb 11, 2026)
Feb 11, 2026
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H. R. 7508 (Introduced-in-House)


119th CONGRESS
2d Session
H. R. 7508


To modify reporting value categories for financial disclosure reports required under chapter 131 of title 5, United States Code.

IN THE HOUSE OF REPRESENTATIVES

February 11, 2026

Mr. Min (for himself, Ms. Norton, Ms. Dexter, and Mr. Tonko) introduced the following bill; which was referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To modify reporting value categories for financial disclosure reports required under chapter 131 of title 5, United States Code.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Financial Disclosure Modernization Act”.

SEC. 2. Dividends, rents, interest, and capital gains.

Section 13104(a)(1)(B) of title 5, United States Code, is amended—

(1) in clause (viii), by striking “or”; and

(2) by striking clause (ix) and inserting the following:

“(ix) greater than $5,000,000 but not more than $25,000,000;

“(x) greater than $25,000,000 but not more than $100,000,000;

“(xi) greater than $100,000,000 but not more than $500,000,000;

“(xii) greater than $500,000,000 but not more than $1,000,000,000; or

“(xiii) greater than $1,000,000,000.”.

SEC. 3. Categories for reporting amounts or values.

Section 13104(d)(1) of title 5, United States Code, is amended—

(1) in subparagraph (I), by striking “and”; and

(2) by striking subparagraph (J) and inserting the following:

“(J) greater than $50,000,000 but not more than $100,000,000;

“(K) greater than $100,000,000 but not more than $250,000,000;

“(L) greater than $250,000,000 but not more than $500,000,000;

“(M) greater than $500,000,000 but not more than $1,000,000,000; and

“(N) greater than $1,000,000,000.”.

SEC. 4. Effective date.

The amendments made by this Act shall apply with respect to financial disclosure reports under chapter 131 of title 5, United States Code, that are required to be filed on or after the date of the enactment of this Act.