H.R. 7508 — Introduced in House

I 119th CONGRESS 2d Session H. R. 7508 IN THE HOUSE OF REPRESENTATIVES February 11, 2026Mr. 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.