HR8495-119

What This Bill Does

The Financial Services and General Government Appropriations Act, 2027 funds Treasury, IRS, the judiciary, independent agencies, the Small Business Administration, the District of Columbia, and governmentwide activities for fiscal year 2027. It allows limited IRS transfers, requires IRS employee training on taxpayer rights and identity theft, protects taxpayer confidentiality, funds IRS 1-800 help lines and Taxpayer Advocate services, requires address-change confirmations for employment tax filers, bars IRS targeting based on First Amendment activity or ideology, restricts IRS conferences, bonuses, hiring, Direct File expansion without committee approval, and IRS firearms or ammunition purchases above December 2022 levels.

For Treasury, the bill controls transfers to inspectors general and the Debt Collection Fund, bars redesign of the $1 bill, requires capital investment and quarterly activity reports, blocks certain drug-price negotiation regulations, ties FinCEN funding to finalizing the beneficial ownership rule, restricts Federal Insurance Office insurance data work, blocks specified Cuba travel and transaction licensing, requires Treasury and DHS reporting on Southwest border illicit finance, prohibits Treasury work on a U.S. central bank digital currency, bars Treasury ESG advisory committees, and restricts transactions involving Iranian financial institutions.

The bill affects the White House, OMB, and judiciary by requiring OMB statements with executive orders, limiting White House transfers, allowing judiciary transfers, funding courthouse security by the U.S. Marshals Service, and requiring Federal Judicial Center reporting on bias in guidance. It blocks CPSC recreational off-highway vehicle, gas stove, table saw, and debris penetration rules; blocks FCC universal service, digital discrimination, and 6 GHz spectrum actions; blocks FTC earnings-claim, business opportunity, and unfair-methods rules; and controls GSA Federal Buildings Fund transfers, courthouse requests, leases, citizen services spending plans, and federal property services.

For SBA and governmentwide policy, the bill permits SBA transfers while barring use of funds to compel small-business compliance with ECOA section 704B, blocks SBA climate initiatives, and conditions SBA hiring in the District of Columbia office. It adds broad governmentwide riders on transfers, Buy American compliance, reprogramming, official time, propaganda, federal employee addresses, Privacy Act compliance, inverted domestic corporations, contract disclosure of political spending, portraits, Davis-Bacon prevailing wages, ethics reports, competitive area rules, public-private competitions, anti-discrimination contract requirements, nondisclosure agreements, China-linked contracts and grants, CFPB transfer notices, Vice President pay, impoundment reporting, Community Project Funding reporting, noncitizen voting jurisdictions, Thrift Savings Plan ESG funds, federal censorship classifications, COVID mask and vaccine mandates, NewsGuard-related contracts, surgical gender-transition coverage in FEHBP, and Executive Order 14240 compliance.

For the District of Columbia, the bill appropriates local funds for refunds and judgments while restricting federal or DC funds for lobbying, unpaid federal obligations, shadow congressional offices, official vehicles, petition assistance, needle or syringe distribution in certain zones, Schedule I drug legalization, most abortions, reproductive health nondiscrimination enforcement, local noncitizen voting, police reform implementation, COVID mandates, sanctuary and sentencing provisions, and other local laws. It also requires CFO reports and quarterly federal-fund reports.

Who Benefits and How

Taxpayers using IRS help lines benefit from dedicated service funding and identity-theft protections. Taxpayer privacy advocates benefit from confidentiality and anti-targeting restrictions. Congressional appropriators benefit from required IRS, Treasury, OFR, BEP, OMB, judiciary, GSA, SBA, CFPB, DC, and impoundment reports. Small businesses benefit from the bar on funds compelling ECOA section 704B compliance. Gas stove manufacturers, table saw manufacturers, off-highway vehicle manufacturers, broadband providers, 6 GHz incumbents, and business-opportunity sellers benefit from blocked CPSC, FCC, and FTC actions. Federal building users benefit from GSA project and lease controls. DC residents benefit from local-fund authority for refunds, judgments, enterprise funds, and continuing operations when local appropriations lapse.

Who Bears the Burden and How

IRS managers must comply with transfer, training, taxpayer confidentiality, bonus, hiring, Direct File, firearms, and conference restrictions. Treasury, FinCEN, OFR, FIO, and sanctions staff must meet reporting requirements and absorb CBDC, ESG, insurance-data, Cuba, Iran, and beneficial-ownership funding limits. CPSC, FCC, FTC, GSA, SBA, CFPB, OPM, and executive agencies lose funding authority for specified rules, hiring, contracts, grants, transfers, privacy-sensitive data aggregation, ESG investment, COVID mandates, and contractor disclosure policies. District of Columbia officials face federal restrictions on abortion funding, drug policy, noncitizen voting, police reform, sanctuary law, environmental enforcement, needle distribution, and local representation offices. Federal contractors and grant recipients must comply with Buy American, anti-discrimination, nondisclosure, China-linked entity, and political-disclosure funding riders.

Key Provisions

• Appropriates fiscal year 2027 funds for Treasury, IRS, the judiciary, independent agencies, SBA, District of Columbia, and governmentwide activities.
• Requires IRS taxpayer-rights training, taxpayer confidentiality safeguards, identity-theft protections, helpline support, address-change confirmations, and ideology-targeting restrictions.
• Blocks IRS Direct File expansion without committee approval, IRS firearms growth, Treasury CBDC work, Treasury ESG advisory committees, and specified Cuba or Iran transactions.
• Conditions FinCEN beneficial ownership funding and restricts Federal Insurance Office data collection.
• Prohibits or limits CPSC, FCC, FTC, SBA, GSA, CFPB, OPM, FEHBP, and executive-branch actions on named rules or policies.
• Requires reports on Treasury activities, OFR, BEP, OMB executive orders, judicial bias, GSA projects, CFPB transfers, DC finances, impoundment, and Community Project Funding.
• Restricts District of Columbia spending on abortion, drug legalization, noncitizen voting, police reform, sanctuary provisions, needle distribution, COVID mandates, and local representation offices.