Bills · HR 8495
REPORTED· 119TH CONGRESS
House BillHR 8495Economics and Public Finance
Financial Services and General Government Appropriations Act, 2027
An annual spending bill providing billions for the Department of the Treasury and financial oversight for fiscal year 2027.AI-written
INTRO APR 24· LAST ACTION APR 24
READING
189MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Reported, not passed
tl;dr
AI-writtenBudget for the Treasury Department and financial regulators. Prioritizes cybersecurity and tracking foreign financial threats while funding community loans in poor neighborhoods.
LEGISLATIVE PROGRESS
STEP 3 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenAs one of the major annual spending bills, this legislation is essential for keeping the U.S. financial system running. It funds the enforcement of economic sanctions, which is a key tool in U.S. foreign policy. By funding cybersecurity and financial intelligence, it attempts to prevent money laundering and cyberattacks on the nation's financial infrastructure. It also represents a political choice on how much money should go toward tax oversight versus community investment.
KEY PROVISIONS
5AI-extractedPROVISION 01
Funding for Sanctions Enforcement
Allocates $237.6 million for the Office of Terrorism and Financial Intelligence, including new AI tools to track malign economic influence from China and Russia.
PROVISION 02
Cybersecurity Enhancement
Provides $59 million specifically to harden Treasury Department computer systems against foreign cyberattacks.
PROVISION 03
Community Development Investment
Allocates $276.6 million to the CDFI Fund to support lending in high-poverty census tracts and Native American communities.
PROVISION 04
IRS Oversight Funding
Appropriates $165 million for the Treasury Inspector General for Tax Administration to monitor the IRS and prevent waste or abuse.
PROVISION 05
Restrictions on IRS Modernization
Explicitly prohibits certain Treasury-wide funds from being used to supplement specific IRS technology and business modernization accounts.
SPONSORSHIP
1 + 0
R· Ohio
YRS IN OFFICE
13
BILLS LED
21
ACTION TIMELINE
2 EVENTSAPR 24
The House Committee on Appropriations reported an original measure, H. Rept. 119-623, by Mr. Joyce (OH).
APR 24
Placed on the Union Calendar, Calendar No. 540.
BILL INFO
TypeHouse Bill
NumberHR 8495
Congress119th
StatusReported
IntroducedApr 24, 2026
Last actionApr 24, 2026
READER REACTIONS
OVERALL SENTIMENT
No reactions yet. Be the first to weigh in.
Discussion
Loading comments...
REPORTED· 119TH CONGRESS · APPROPRIATIONS COMMITTEE · INTRODUCED APR 24, 2026
House BillHR 8495Economics and Public Finance
Financial Services and General Government Appropriations Act, 2027
An annual spending bill providing billions for the Department of the Treasury and financial oversight for fiscal year 2027.AI-written
INTRODUCED APR 24, 2026· LAST ACTION APR 24, 2026
PASSAGE CHANCES
—%
READING
189 min
COSPONSORS
0
COMPLEXITY
Complex
