House Committee on Financial Services

To provide funding for programs and activities under the SUPPORT for Patients and Communities Act.

This bill would allocate federal funding to support various programs created under the SUPPORT Act, which focuses on addressing the opioid crisis and substance abuse issues. The money would go toward treatment services, prevention efforts, and recovery support for individuals struggling with addiction, as well as programs helping communities affected by the opioid epidemic. The funding would impact patients seeking addiction treatment, healthcare providers, community organizations, and state and local governments working to combat drug abuse.

Multi-Class Stock Company Voting Transparency Act.

Companies with multiple classes of stock (where different shares have different voting powers) would be required to publicly report detailed voting results from shareholder meetings, including how many votes each class of shares cast on major decisions. This transparency measure would help investors and the public better understand how voting power is distributed in these companies and whether certain shareholders have outsized control. The requirement would primarily affect large corporations with complex ownership structures.

Interagency Council on Affordable Housing Act of 2026

The proposal would create a new government council bringing together federal agencies to coordinate efforts on making housing more affordable and preserving existing housing stock. This council would help different parts of the government work together on housing policy rather than operating separately, potentially affecting renters, homebuyers, real estate developers, and communities struggling with housing costs. The bill is currently under review by the House Committee on Financial Services.

To amend the Securities Exchange Act of 1934 to require country-by-country reporting.

Large multinational corporations would be required to publicly disclose their profits, taxes paid, and number of employees in each country where they operate, rather than just reporting global totals. This transparency measure would help investors, tax authorities, and the public understand how these companies distribute their earnings across different nations and whether they're paying their fair share of taxes in each location. The requirement would primarily affect major international businesses and financial institutions.

Ukraine Support Act

Ukraine Support Act This bill addresses the war between Russia and Ukraine by (1) providing assistance to Ukraine and certain European countries, and (2) establishing penalties for Russia and certain foreign persons (individuals and entities). Assistance provided under the bill includes establishing a reconstruction trust fund for Ukraine, requiring the U.S. International Development Finance Corporation to prioritize support for Ukraine, reviving the President’s authority to lend or lease defense articles to Ukraine or Eastern European countries affected by the war through FY2028, extending through 2027 the Department of Defense’s authority to provide security assistance and intelligence support to Ukrainian forces, and requiring the Department of State to take certain actions to build the capacity of the militaries and border forces of Baltic countries. Additionally, the President must periodically determine if the Russian government or any proxy is waging a war of aggression against Ukraine, refusing to sincerely negotiate a peace agreement with Ukraine, or acting in violation of a negotiated peace agreement with Ukraine. If the President makes such a determination, the President must impose certain penalties including property- and visa-blocking sanctions on certain Russian officials; property-blocking sanctions on Russian companies in the oil and mining sectors, Rosatom (Russia's state-owned nuclear enterprise) and its subsidiaries, and certain Russian financial institutions; and increasing the rate of duty on all goods and services imported from Russia into the United States to at least 500% relative to the value of such goods and services.

To establish the Ratepayer Justice Fund and a Federal process to reimburse ratepayers and communities harmed by utility and utility executive misconduct, including corruption, and to hold accountable those responsible for such misconduct, and for other purposes.

The bill would create a federal fund to compensate utility customers and communities that have suffered financial losses or harm due to misconduct by electric, gas, or water companies and their executives, such as corruption or negligence. It would also establish a process to investigate these cases and hold responsible company leaders accountable for their actions. The proposal affects millions of utility customers across the country who pay for electricity, natural gas, and water services.

To remove the United States from the International Monetary Fund, the World Bank Group, or the Asian Development Bank if such an institution assists in providing debt relief to the People's Republic of China, and for other purposes.

The bill would require the United States to withdraw from the International Monetary Fund, World Bank, or Asian Development Bank if any of these organizations provide debt relief to China. This would affect American participation in major international financial institutions that help developing countries and manage global economic stability. The measure reflects concerns about U.S. involvement in institutions that might assist China's financial situation.

To protect the national security of the United States by strengthening review of foreign adversary investments in the general aviation sector, and for other purposes.

The proposal would give the government stronger authority to review and block investments in small aircraft companies and general aviation businesses if those investments come from foreign countries considered adversaries to the United States. This would help prevent potentially hostile nations from gaining access to aviation technology or infrastructure that could pose security risks. The measure affects aircraft manufacturers, aviation companies, and foreign investors interested in the U.S. aviation sector.

Common Cents Act

Common Cents Act This bill generally ends the production of the penny and requires rounding to the nearest amount divisible by five for the payment or transfer of cash. The Department of the Treasury must stop producing the penny, except to meet collector needs. The penny shall continue to be legal tender. Any person selling goods or services in a cash transaction, entering into other transfers of cash, or paying cash wages to an employee must round the payment up or down in accordance with the bill. The bill takes effect one year after the date of enactment.

Less Bureaucracy, Better K–12 Education Act

This bill would transfer responsibility for managing elementary and secondary education programs from the Department of Education to the Department of Labor, fundamentally changing which federal agency oversees K-12 schools. The change would affect students, teachers, school administrators, and parents across the country by shifting how federal education policies and funding are managed. The bill has been referred to multiple committees for review, including those handling education, financial services, and government operations.

Failing Bank Acquisition Fairness Act

Failing Bank Acquisition Fairness Act This bill tightens restrictions on certain waivers granted by federal financial regulators to companies that acquire insured depository institutions. Under current law, a regulator may not approve an acquisition if it would result in an institution exceeding a set concentration limit (i.e., controlling more than 10% of total insured U.S. deposits). This may be waived if one or more of the institutions involved is in default or in danger of default or if the Federal Deposit Insurance Corporation (FDIC) is providing certain assistance. In addition to these requirements, the bill requires the regulator to determine that (1) the merger is necessary to prevent significant economic disruption or financial instability, and (2) FDIC has not received a qualified bid from a company not subject to this concentration limit. The bill also provides capitalization and management standards for qualified bids. Regulators that waive these concentration limits must report to Congress on the circumstances and justification of the waiver.

STOP Senior Fraud Act

Banks and other financial institutions would be allowed to pause or block transactions they suspect might be exploiting elderly people or other vulnerable adults, such as those with cognitive impairments. The law would protect these institutions from legal liability when they take such actions in good faith to prevent financial abuse. This gives financial companies a tool to help prevent scams and fraud targeting seniors and vulnerable populations.

Securing Healthcare and Income Entitlements for Lawfully Domiciled Citizens (SHIELD Citizens) Act

The proposal would change federal welfare programs to limit benefits only to U.S. citizens, preventing non-citizens from receiving assistance through programs like food stamps, housing aid, and cash welfare. This would affect both immigrants and the organizations that help distribute these benefits, potentially reducing the number of people eligible to receive government support. The bill has been sent to multiple congressional committees for review.

Senior Accessible Housing Tax Credit Act of 2026

The proposal would let homeowners and builders claim a tax credit—a direct reduction in taxes owed—for expenses related to making homes accessible to people with disabilities, such as installing ramps, widening doorways, or adding accessible bathrooms. This would make it financially easier for families to modify existing homes or construct new ones that accommodate people with mobility challenges or other disabilities. The tax break would apply to both individual homeowners making their own homes more accessible and developers building accessible housing.

Grad Student Affordable Housing Act of 2026

The federal government would create a new program to help graduate students afford housing through the Department of Housing and Urban Development. This assistance would make it easier for students pursuing advanced degrees to find affordable places to live while they study. The program would affect graduate students across the country who struggle with housing costs while completing their education.

Medical Bankruptcy Fairness Act of 2026

This proposal would change bankruptcy laws to give special protections to people who have gone into serious debt because of medical bills or health crises. The changes would make it easier for people struggling with medical debt to get relief through bankruptcy without losing as much of their property or facing as many restrictions as they currently do.

Financial Exploitation Prevention Act of 2025

Financial Exploitation Prevention Act of 2025 This bill establishes procedures for delaying the redemption of certain securities if an investment company or agent believes that an older individual or an individual with certain impairments has been financially exploited. Specifically, the bill allows for the delay of the redemption of a security issued by an open-end investment management company and serviced by a transfer agent if the company or agent reasonably believes the redemption involves the financial exploitation of an individual (1) age 65 or older, or (2) age 18 or older who is unable to protect his or her own interests due to a mental or physical impairment. (Open-end investment management companies offer securities in pooled investment vehicles such as mutual funds. Transfer agents facilitate certain transactions for corporations and investment companies, including dividend distribution and change of securities ownership.) The company may initially delay the redemption for up to 15 days and, upon making a determination of exploitation, may delay the redemption an additional 10 days. A state regulator, appropriate administrative agency, or court may extend this period. In the event of delay, the company must hold the amounts related to the redemption in a demand deposit account. The bill also establishes notification requirements. The bill requires the registered open-end investment company and transfer agent to notify the Securities and Exchange Commission (SEC) if they elect to comply with the procedures established under this bill. Additionally, the SEC must make recommendations to address the financial exploitation of these adults.

Protecting American Homes from Hedge Funds Act

The proposal would charge hedge funds and investment firms a tax penalty if they hold onto too many single-family homes without selling them, aiming to discourage large investors from buying up residential properties that families might otherwise purchase. The tax would apply when these investment groups own more homes than a certain threshold and fail to sell them within a specified timeframe. This could affect both the investment firms that own residential properties and everyday homebuyers who compete with institutional investors in the housing market.

TRIA Program Reauthorization Act of 2026

TRIA Program Reauthorization Act of 2026 This bill reauthorizes the Terrorism Risk Insurance Program through 2034. The program covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for terrorism risk. The bill also increases the amount of property and casualty insurance losses required for certification under the program beginning in 2029 and provides statutory authority for Department of the Treasury public notification requirements regarding the determination process for whether an act qualifies as an act of terrorism under this program.

21st Century ROAD to Housing Act

Housing for the 21st Century Act This bill revises federal housing programs, including by expanding available financing for affordable housing and providing grants for planning and community development activities. For example, the bill increases the statutory maximum loan limits for mortgage insurance programs administered by the Federal Housing Administration for multifamily homes and requires the use of a more specific inflation index for such loans. The bill also increases the maximum eligible income for the Department of Housing and Urban Development's (HUD's) HOME Investment Partnerships Program (grants to states and localities to support housing for low-income households) and establishes a grant program to assist regional, state, and local entities with strategies to support affordable housing. In addition, the bill exempts certain housing-related activities from the environmental review process, including certain construction, improvement, or rehabilitation of residential buildings; excludes veterans' disability benefits from being considered as income for purposes of determining eligibility for the Veterans Affairs Supportive Housing (VASH) program; establishes a pilot program to provide grants to public housing agencies (PHAs) and other owners of federally assisted housing to test the efficacy of temperature sensors to support compliance with temperature requirements; eliminates the requirement that manufactured homes must be constructed with a permanent chassis; and authorizes HUD to conduct performance reviews of organizations that provide housing counseling services. The bill also expands oversight of HUD and PHAs, such as by requiring PHAs to post information about contracts on their websites. For more information about this bill, see CRS Report R48849 .