# 119-hr-8278: Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act

119-hr-8278, Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act, is a 119th Congress bill sponsored by Rep. Stutzman, Marlin A. [R-IN-3] (R-IN); status passed_house; PRIA reads it as touching household money (as of 2026-09-23).

- Canonical: https://policyrisk.com/legislation/119-hr-8278
- As of: 2026-09-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8278
- Congress: 119
- Title: Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
- Status: passed_house
- Introduced: 2026-04-14
- Sponsor: Rep. Stutzman, Marlin A. [R-IN-3] (R-IN)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-09-23

## Summary

**Modernize supervisory technology across federal banking regulators.** This bill would require several federal financial regulators to evaluate and upgrade their technology, procurement, and workforce so agencies can do more real-time oversight, better monitor AI risks, and improve data sharing across regulators. - Covered agencies would complete two assessments within 180 days and produce a joint, long-form report in 18 months with a five-year reporting cadence. The report must catalog hardware, software, procurement rules, data flows, and barriers to information sharing. - Supervised firms would be affected indirectly because agencies must estimate costs for firms to change systems, identify obstacles to obtaining information, and describe market and illicit-activity risks that agencies will monitor. Agencies would plan technology upgrades and timelines that could change reporting expectations for firms. - Agency workforces would be reviewed for skills and contractor reliance and agencies must outline hiring, training, and procurement challenges for testing or adopting new systems.

## Cosponsors (1)

- Rep. Foster, Bill [D-IL-11] (D-IL), 2026-04-14T00:00:00.000Z

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2026-09-15T00:00:00.000Z | house | On Motion to Suspend the Rules and Pass, as Amended | Passed | 417 | 7 |

## Provisions PRIA read

- Tech reviews and five-year reports by financial regulators: benefit, low. This bill would require major federal financial regulators to assess their technology and buying rules. Within 180 days of enactment, each agency would review tech that limits real-time supervision. Each would also look for ways to streamline its procurement rules, within its authority. Eighteen mo…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-137: TCJA Permanency Act
- 119-hr-2570: Maximum Pressure Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-6161: SEC Data Protection Act

## Sources
- [119-hr-8278 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8278)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-6161: SEC Data Protection Act](https://policyrisk.com/legislation/119-hr-6161)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8278 (as of 2026-09-23).