# 119-s-3827: Financial Disclosure Modernization Act

119-s-3827, Financial Disclosure Modernization Act, is a 119th Congress bill sponsored by Sen. Schiff, Adam B. [D-CA] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3827
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3827
- Congress: 119
- Title: Financial Disclosure Modernization Act
- Status: introduced
- Introduced: 2026-02-11
- Sponsor: Sen. Schiff, Adam B. [D-CA] (D-CA)
- Cosponsors: 3
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Creates tiered reporting bands for large financial interests on federal ethics disclosure forms.** This bill would replace single top thresholds for dividends, rents, interest, and capital gains with multiple value bands and add new bands for reported amounts or values up to and above $1 billion. - Federal filers would report dividends, rents, interest, and capital gains using new value bands starting at $5 million and stretching to over $1 billion. - The bill would also add new bands for reported amounts or values that begin at $50 million and go up to over $1 billion. - The new categories would apply to disclosure reports required to be filed on or after enactment and the bill includes no phase-in, sunset, or funding provisions.

## Cosponsors (3)

- Sen. Gillibrand, Kirsten E. [D-NY] (D-NY), 2026-02-11T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2026-02-11T00:00:00.000Z
- Sen. Merkley, Jeff [D-OR] (D-OR), 2026-02-11T00:00:00.000Z

## Provisions PRIA read

- New disclosure bands for federal filers: mixed, low. This bill would change the dollar bands used on chapter 131 public financial disclosure reports. For dividends, rents, interest, and capital gains it would create tiers: more than $5 million to $25 million; more than $25 million to $100 million; more than $100 million to $500 million; more than $50…

## Related bills

- 119-s-2819: Head Start for America's Children Act
- 119-s-4949: Water Resources Development Act of 2026
- 119-s-5283: Momnibus Act
- 119-s-1507: Agriculture Resilience Act of 2025
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act

## Sources
- [119-s-3827 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3827)

## Related
- [119-s-2819: Head Start for America's Children Act](https://policyrisk.com/legislation/119-s-2819)
- [119-s-4949: Water Resources Development Act of 2026](https://policyrisk.com/legislation/119-s-4949)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-1507: Agriculture Resilience Act of 2025](https://policyrisk.com/legislation/119-s-1507)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3827 (as of 2026-04-21).