# 119-hr-7508: Financial Disclosure Modernization Act

119-hr-7508, Financial Disclosure Modernization Act, is a 119th Congress bill sponsored by Rep. Min, Dave [D-CA-47] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7508
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7508
- Congress: 119
- Title: Financial Disclosure Modernization Act
- Status: introduced
- Introduced: 2026-02-11
- Sponsor: Rep. Min, Dave [D-CA-47] (D-CA)
- Cosponsors: 3
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Modernizes federal financial disclosure reporting thresholds.** The bill would replace current value categories with finer tiers so high-value income and holdings are reported in more precise ranges. - Federal filers covered by chapter 131 of title 5 would report dividends, rents, interest, and capital gains using new brackets that start at $5.0 million and go above $1.0 billion. The change applies to reports required on or after enactment. - Agency ethics offices and public readers would get more granular information for large holdings because other asset brackets are expanded starting at $50.0 million and rising above $1.0 billion.

## Cosponsors (3)

- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2026-02-11T00:00:00.000Z
- Rep. Dexter, Maxine [D-OR-3] (D-OR), 2026-02-11T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2026-02-11T00:00:00.000Z

## Provisions PRIA read

- New reporting tiers for federal filers: cost, low. This bill would change the value buckets on public financial disclosure forms that federal executive-branch employees file. For dividends, rents, interest, and capital gains it would add finer brackets: over $5 million up to $25 million; over $25 million up to $100 million; over $100 million up to…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7973: Momnibus Act
- 119-hr-8870: BUILD America 250 Act
- 119-hr-3069: Medicare for All Act
- 119-hr-7853: PrEP Access and Coverage Act of 2026

## Sources
- [119-hr-7508 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7508)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-8870: BUILD America 250 Act](https://policyrisk.com/legislation/119-hr-8870)
- [119-hr-3069: Medicare for All Act](https://policyrisk.com/legislation/119-hr-3069)
- [119-hr-7853: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-hr-7853)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7508 (as of 2026-04-21).