S3290-119

In Committee

Financial Services and General Government Appropriations Act, 2026

119th Congress Introduced Dec 1, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill provides annual funding for financial services and general government operations for fiscal year 2026. It appropriates money to the Treasury Department (including the IRS), the Executive Office of the President, federal courts, independent regulatory agencies like the FCC and Consumer Product Safety Commission, and the District of Columbia government.

Who Benefits and How

  • IRS and Treasury employees receive continued funding for operations, taxpayer services, and the 1-800 help line
  • Taxpayers benefit from provisions requiring IRS employee training on taxpayer rights and protections against identity theft
  • DC residents benefit from increased tuition assistance caps (from $10,000 to $15,000 annually) for college attendance
  • Small businesses receive additional funding for development and entrepreneurship programs
  • Rural telecom carriers are protected from rule changes affecting universal service support

Who Bears the Burden and How

  • Federal agencies face restrictions on conference spending (capped at $500,000), first-class travel, and contractor incentive fees
  • IRS is prohibited from transferring funds into enforcement and faces multiple spending restrictions
  • Executive branch employees face limits on office redecoration ($5,000 cap) and official vehicle use
  • District of Columbia is prohibited from using federal funds for marijuana legalization, most abortions, and needle exchange in certain areas
  • SEC is barred from requiring disclosure of political contributions

Key Provisions

  • Prohibits IRS from targeting citizens based on political beliefs, ideological viewpoints, or exercising First Amendment rights (Sections 106-107)
  • Bans Consumer Product Safety Commission from banning gas stoves (Section 502)
  • Rescinds $250 million from Treasury Forfeiture Fund (Section 634)
  • Increases DC college tuition assistance from $10,000 to $15,000 per year (Section 820)
  • Requires agencies to block pornography on computer networks (Section 625)

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

Appropriates funds for financial services and general government operations for fiscal year 2026, including the Treasury Department, IRS, Executive Office of the President, the Judiciary, independent agencies, and the District of Columbia.

Key Policy Areas

Appropriations, Taxation, Government Operations, Consumer Protection, Financial Regulation, District of Columbia

Primary Purpose

Appropriates funds for financial services and general government operations for fiscal year 2026, including the Treasury Department, IRS, Executive Office of the President, the Judiciary, independent agencies, and the District of Columbia.

Policy Domains

Appropriations Taxation Government Operations Consumer Protection Financial Regulation District of Columbia

Title I - Department of the Treasury

Identified Gains
Contextual inference, no direct clause citation
  • Taxpayers
  • IRS employees
  • Tax-exempt organizations
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • IRS Enforcement Division
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Title V - Independent Agencies

Identified Gains
Contextual inference, no direct clause citation
  • Gas stove manufacturers
  • Recreational off-highway vehicle industry
  • Rural telecommunications carriers
  • Small businesses
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • Consumer Product Safety Commission
  • Federal Communications Commission
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Title II - Executive Office of the President

Identified Gains
Contextual inference, no direct clause citation
  • Office of National Drug Control Policy
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • Federal departments receiving federal financial assistance
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Title VI - General Provisions (This Act)

Identified Gains
Contextual inference, no direct clause citation
  • Corporations
  • Electronic service providers
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • Federal agencies
  • Securities and Exchange Commission
  • Treasury Forfeiture Fund
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Title III - The Judiciary

Identified Gains
Contextual inference, no direct clause citation
  • Federal judiciary
  • US Marshals Service
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Title VII - General Provisions (Government-wide)

Identified Gains
Contextual inference, no direct clause citation
  • Federal whistleblowers
  • Health insurance contractors
  • Breastfeeding mothers
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • Federal agencies
  • Federal employees
  • Contractors with unpaid taxes or felony convictions
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Title VIII - District of Columbia

Identified Gains
Contextual inference, no direct clause citation
  • DC college students
  • DC government operations
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • DC government
  • DC residents seeking certain services
Model: N/A | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Legislative Progress

In Committee
Introduced Committee Passed
Dec 1, 2025

Mr. Hagerty introduced the following bill; which was read twice …

Dec 1, 2025

Read twice and referred to the Committee on Appropriations.

Dec 1, 2025

Introduced in Senate

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Government
123 mentions across 119 clauses
+51 positive -70 negative ?2 uncertain

Agencies funded under this Act, Bureau of Engraving and Printing, Bureau of Land Management

Agencies funded under this Act, Department of the Treasury, Executive Office of the President, Federal agencies, Federal agencies funded under this Act, Federal employees, General Services Administration, Internal Revenue Service face effects in multiple directions

Positive-direction: Bureau of Land Management, Bureau of the Fiscal Service, Coast Guard Congressional Fellowship Program, Department of the Treasury IT systems, Department of the Treasury intelligence activities, Federal Accounting Standards Advisory Board, Federal agencies purchasing IT, Federal agencies with recycling programs, Federal agencies with travel needs, Federal agency CIOs, Federal employees and whistleblowers, Federal employees serving abroad, Federal judiciary, Federal medical research programs, Federal telecommunications programs, Government corporations, IRS Commissioner, Inspectors General, Judicial retirement funds, National Marine Fisheries Service, National Science and Technology Council, Office of Evaluation Sciences, Office of National Drug Control Policy, Office of Personnel Management, Small Business Administration, Small Business Administration IT systems, Treasury Department offices, Treasury Inspector General for Tax Administration, U.S. Marshals Service, US Fish and Wildlife Service

Negative-direction: Bureau of Engraving and Printing, Consumer Financial Protection Bureau, Consumer Product Safety Commission, Executive agencies seeking new space, Executive branch agencies, Federal Communications Commission, Federal Law Enforcement Training Centers, Federal Trade Commission, Federal agencies collecting internet data, Federal agencies producing news content, Federal agencies seeking electronic communications, Federal agencies using GSA buildings, Federal agency employees, Federal agency employees handling personal data, Federal agency records managers, Federal and D.C. agencies, Federal prevailing rate employees, IRS customer service operations, Internal Revenue Service employees, Judicial Conference of the United States, Office of Financial Research, Office of Management and Budget, Presidential appointees, Regulatory agencies and commissions, Securities and Exchange Commission, United States Mint, Vice President of the United States

General Public
17 mentions across 16 clauses
+14 positive -3 negative

Breastfeeding mothers, Citizens with personal data held by federal agencies, DC residents seeking congressional representation

Positive-direction: Breastfeeding mothers, Citizens with personal data held by federal agencies, Internet users accessing government sites, Public seeking access to government records, Taxpayers, Taxpayers and organizations with political views, Taxpayers exercising First Amendment rights, Taxpayers seeking IRS assistance, Users of electronic communications, Victims of tax-related identity theft, Whistleblowers

Negative-direction: DC residents seeking congressional representation, Debtors owing money to the federal government, People who inject drugs in restricted locations

State & Local Government
16 mentions across 16 clauses
+5 positive -11 negative

DC Attorney General office, DC public health agencies, District of Columbia CFO

District of Columbia government faces effects in multiple directions

Professional Services
6 mentions across 6 clauses
+2 positive -4 negative

Consultants and expert witnesses, Contractors convicted of procurement fraud, Federal contractors

Positive-direction: Consultants and expert witnesses, Federal contractors

Negative-direction: Contractors convicted of procurement fraud, Federal contractors and grantees, Private contractors seeking federal work, Underperforming federal contractors

Financial Services
4 mentions across 4 clauses
+2 positive -2 negative

FEHBP health insurance carriers, FEHBP health insurers, Federal Employees Health Benefits Program insurers

Positive-direction: FEHBP health insurance carriers, Publicly traded companies

Negative-direction: FEHBP health insurers, Federal Employees Health Benefits Program insurers

Manufacturing
4 mentions across 3 clauses
+3 positive -1 negative

Domestic manufacturers and suppliers, Foreign manufacturers seeking federal contracts, Gas stove manufacturers

Positive-direction: Domestic manufacturers and suppliers, Gas stove manufacturers, Recreational off-highway vehicle manufacturers

Negative-direction: Foreign manufacturers seeking federal contracts

Nonprofits
4 mentions across 4 clauses
+2 positive -2 negative

501(c) organizations, 501(c)(4) social welfare organizations, Federal grantees

Positive-direction: 501(c) organizations, 501(c)(4) social welfare organizations

Negative-direction: Federal grantees, Non-federal earmark recipients

Telecommunications
3 mentions across 3 clauses
+3 positive

Competitive eligible telecommunications carriers, Electronic communication service providers, Telecommunications carriers receiving universal service support

150/167
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Taxation Financial Regulation
Actor Mappings
"the_secretary"
→ Secretary of the Treasury
"the_commissioner"
→ Commissioner of the Internal Revenue Service
Domains
Government Operations
Actor Mappings
"the_director"
→ Director of the Office of Management and Budget
Domains
Courts Government Operations
Actor Mappings
"the_director"
→ Director of the Administrative Office of the United States Courts
Domains
Consumer Protection Telecommunications Small Business
Actor Mappings
"the_administrator"
→ Administrator of General Services
Domains
Government Operations Financial Regulation
Domains
Government Operations Procurement Federal Employment
Actor Mappings
"the_president"
→ President of the United States
Domains
District of Columbia Education
Actor Mappings
"the_cfo"
→ Chief Financial Officer for the District of Columbia
"the_mayor"
→ Mayor of the District of Columbia

Note: 'The Director' refers to OMB Director in Title II but Director of Administrative Office of US Courts in Title III

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology