H.R. 7508

Summary

H.R. 7508, the Financial Disclosure Modernization Act, was introduced in the House on Feb 11, 2026 by Rep. Dave Min (D) with 3 co-sponsors. It was referred to Oversight And Government Reform, and last saw action on Feb 11, 2026: 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.

Record

Text

H.R. 7508 has 3 co-sponsors.

119 HR 7508 IH: Financial Disclosure Modernization Act
 U.S. House of Representatives
 2026-02-11
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  2d Session  H. R. 7508  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.
1.
Short title
This Act may be cited as the   Financial Disclosure Modernization Act  .
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.
 .
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.
 .
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.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

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

Sponsors

Rep. Dave Min (D) sponsors H.R. 7508, and 3 members have co-sponsored it, all of them from the day it was introduced.

Dave Min

Rep. · D–CA-47 · Sponsor

Introduced Feb 11, 2026

Eleanor Norton

Rep. · D–DC-0 · Co-sponsor

Joined Feb 11, 2026 · Original

Maxine Dexter

Rep. · D–OR-3 · Co-sponsor

Joined Feb 11, 2026 · Original

Paul Tonko

Rep. · D–NY-20 · Co-sponsor

Joined Feb 11, 2026 · Original

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Committees

H.R. 7508 went before 3 committees: Judiciary, Committee on House Administration and Oversight and Government Reform.

Judiciary

Judiciary

Referred To · Feb 11, 2026 · 2,181 Bills

Committee on House Administration

Committee on House Administration

Referred To · Feb 11, 2026 · 196 Bills

Oversight and Government Reform

Oversight and Government Reform

Referred To · Feb 11, 2026 · 696 Bills

Actions

H.R. 7508 has taken 2 actions since Feb 11, 2026.

Votes

H.R. 7508 has not gone to a roll call.

Related bills

1 bill is related to H.R. 7508, as Identical bill.

S 3827Financial Disclosure Modernization ActFeb 11, 2026 · Read twice and referred to the Committee on Homeland Security and Governmental… · Identical bill

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Titles

H.R. 7508 goes by 3 titles, 1 of them short titles.

• Financial Disclosure Modernization Act — Display Title
• Financial Disclosure Modernization Act — Short Title(s) as Introduced
• To modify reporting value categories for financial disclosure reports required under chapter 131 of title 5, United States Code. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 2 registered lobbyists who named H.R. 7508 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Budget/Appropriations, Consumer Issues/Safety/Products, Financial Institutions/Investments/Securities, Government Issues, Health Issues, Housing, Taxation/Internal Revenue Code.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 7508 under Government Operations and Politics, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 7508’s is Government Operations and Politics.

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 7508, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 29 (Wednesday, February 11, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MIN:H.R. 7508.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18.[Page H2187]

Source: congress.gov · legiscan.com