H. R. 7508

Financial Disclosure Modernization Act

Shown here: Introduced in House (2026-02-11)

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.

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