# 115-hr-3868: Treasury Innovation Act

115-hr-3868, Treasury Innovation Act, is a 115th Congress bill sponsored by Sen. Budd, Ted [R-NC] (R-NC); status Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3868
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3868
- Congress: 115
- Title: Treasury Innovation Act
- Status: Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2017-09-28
- Sponsor: Sen. Budd, Ted [R-NC] (R-NC)
- Cosponsors: 0
- Policy area: Government Operations and Politics
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Treasury Innovation Act This bill directs the Department of the Treasury to establish a bug bounty pilot program to minimize vulnerabilities to Treasury information systems. "Bug bounty pilot program" is a program under which an approved computer security specialist or security researcher is temporarily authorized to identify and report vulnerabilities within Treasury information systems in exchange for cash payment. Under such program, Treasury shall: provide monetary compensation for reports of previously unidentified security vulnerabilities within the websites, applications, and other Treasury information systems that are accessible to the public; develop an expeditious process by which computer security researchers can register for the program, submit to a background check, and receive a determination as to approval for program participation; designate mission-critical operations within Treasury that should be excluded; consult with the Department of Justice on how to ensure that program participants are protected from prosecution for activities authorized under the program; award competitive contracts to manage the program and for executing the remediation of identified vulnerabilities; and engage interested persons, including commercial sector representatives, about the structure of the program.

## Related bills

- 115-hr-7394: To prohibit the Federal financial regulators from requiring compliance with the accounting standards update of the Financial Accounting Standards Board related…
- 115-hr-7361: To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
- 115-hr-7229: Student Rights Act of 2018
- 115-hr-7225: U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018
- 115-hr-7224: Virtual Currency Consumer Protection Act of 2018
- 115-hr-7085: Veterans BOND Act

## Sources
- [115-hr-3868 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3868)

## Related
- [115-hr-7394: To prohibit the Federal financial regulators from requiring compliance with the…](https://policyrisk.com/legislation/115-hr-7394)
- [115-hr-7361: To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss o…](https://policyrisk.com/legislation/115-hr-7361)
- [115-hr-7229: Student Rights Act of 2018](https://policyrisk.com/legislation/115-hr-7229)
- [115-hr-7225: U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018](https://policyrisk.com/legislation/115-hr-7225)
- [115-hr-7224: Virtual Currency Consumer Protection Act of 2018](https://policyrisk.com/legislation/115-hr-7224)
- [115-hr-7085: Veterans BOND Act](https://policyrisk.com/legislation/115-hr-7085)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3868 (as of 2025-11-18).