Financial Services and General Government Appropriations Act, 2026
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Would appropriate FY2026 funds for the Department of the Treasury (including the IRS), the Executive Office of the President, the federal judiciary, the District of Columbia, and roughly two dozen independent agencies—covering more than $30 billion in discretionary spending across financial services and general government.
The bill also carries dozens of policy riders with national reach: prohibiting Treasury from developing a central bank digital currency, banning procurement of battery-electric vehicles government-wide, eliminating gender-affirming care coverage from federal employee health plans, repealing the District of Columbia's Death With Dignity Act, and directing Treasury to study the practicability of a Strategic Bitcoin Reserve.
What this bill would do
What it would do
The bill would provide FY2026 appropriations for the Treasury Department (including the IRS), the White House and Executive Office of the President, the federal judiciary, the District of Columbia government, and approximately two dozen independent agencies including the SEC, FTC, FCC, SBA, GSA, OPM, and Election Assistance Commission. The IRS alone would receive more than $9.5 billion across three accounts—taxpayer services, enforcement, and technology operations. The GSA Federal Buildings Fund would receive roughly $9.2 billion, the SEC about $2 billion, and the SBA business-loan program would be authorized to guarantee up to $42.5 billion in 7(a) general business loans.
Beyond spending levels, the bill would impose scores of policy riders. Government-wide provisions would ban procurement of battery-electric vehicles, block spending on diversity, equity, and inclusion programs, bar FEHB health plans from covering gender-affirming care procedures, prohibit Treasury from designing a central bank digital currency, and restrict the IRS from building a free public e-filing system. District of Columbia–specific riders would repeal the DC Death With Dignity Act, restrict DC abortion funding, and allow persons with valid out-of-state carry permits to possess concealed handguns in DC.
Key provisions
- 1Would appropriate approximately $9.53 billion to the IRS across taxpayer services ($2.78B), enforcement ($3.0B), and technology and operations support ($3.75B) for FY2026.
- 2Would prohibit Treasury from using any funds to design, build, or develop a U.S. central bank digital currency or to participate in any decision to discontinue paper currency as legal tender.
- 3Would bar any IRS spending on a free public electronic tax-return filing service without prior approval from four congressional committees.
- 4Would direct the Secretary of the Treasury to report within 90 days on the practicability of establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, including custody architecture and cybersecurity protocols.
- 5Would require OMB to issue a written budgetary impact statement — covering costs, benefits, and revenues over a five-year window — for every executive order or presidential memorandum issued during FY2026.
- 6Would bar FEHB health plans from covering surgical procedures, puberty blockers, or hormone therapy for the purpose of gender-affirming care.
- 7Would repeal the District of Columbia's Death With Dignity Act of 2016 and amend the DC Home Rule Act to prohibit the DC Council from enacting any law permitting assisted suicide.
Who would be affected
Federal employees enrolled in the Federal Employees Health Benefits program (affected by gender-affirming care and abortion coverage restrictions), DC residents (affected by the Death With Dignity repeal, concealed-carry provision, and abortion funding limits), taxpayers and IRS enforcement targets (shaped by IRS funding levels and restrictions), small businesses seeking SBA loans, financial regulators and regulated entities (SEC, FTC, FCC, CFPB), federal agencies subject to government-wide EV and DEI spending bans, and states receiving election-security grants.
Why it matters
The funding levels set the operational baseline for tax administration, federal law enforcement, courthouse operations, and financial regulation for the entire fiscal year. The policy riders go well beyond spending: the FEHB gender-affirming care ban affects all enrolled federal workers, the DC Death With Dignity repeal eliminates end-of-life options for DC residents, the CBDC prohibition constrains Treasury's digital-currency work, and the government-wide EV and DEI bans reshape how covered agencies can operate and spend.
What would change
Changes to existing law
Amends Universal Service Antideficiency Temporary Suspension Act (Sec. 505)
Extends the temporary suspension deadline from December 31, 2024, to December 31, 2026.
Amends District of Columbia College Access Act of 1999 (Sec. 833)
Increases per-student tuition payment caps (from $10,000 to $15,000 for 4-year schools; from $2,500 to $3,750 for 2-year schools) and adds ratable reduction provisions.
Amends District of Columbia Home Rule Act (Sec. 819)
Adds a new prohibition barring the DC Council from enacting any law permitting or reducing penalties for assisted suicide.
Repeals Death With Dignity Act of 2016 (D.C. Law 21-182) (Sec. 819)
Repeals the District of Columbia's medical aid in dying law in its entirety.
Reauthorizes Riegle Community Development and Regulatory Improvement Act of 1994, section 114A
Extends section 114A bond guarantee authority through December 31, 2027, with commitments capped at $500,000,000.
Agencies directed to act
Effective dates
- All FY2026 appropriations become available
- OMB to issue compliance memorandum to all agencies on Title VII provisions
- Treasury report on Strategic Bitcoin Reserve practicability due
- Treasury report on custody plan for federal digital assets due
- Executive Order OMB cost statements required beginning
- Pay freeze for political appointees at Executive Schedule level IV and above
Funding and costs
- $2,780,606,000
IRS taxpayer services, including Tax Counseling for the Elderly, low-income clinics, and the Taxpayer Advocate Service
- $3,000,000,000
IRS tax enforcement activities, including criminal investigations and the Interagency Crime and Drug Enforcement program
- $3,750,826,000
IRS technology and operations support, including IT modernization and the IRS Oversight Board
- $9,197,703,000
GSA Federal Buildings Fund for rental, operations, and repairs of federally owned and leased buildings
- $2,026,330,000
Securities and Exchange Commission salaries, expenses, and facilities
- $276,600,000
Community Development Financial Institutions Fund, including financial assistance for high-poverty and Native community lenders
- $299,600,000
High Intensity Drug Trafficking Areas program, with at least 51 percent transferred to state and local entities
- $388,700,000
Federal Trade Commission salaries and expenses, including TAKE IT DOWN Act enforcement
- $6,069,055,000
Courts of Appeals, District Courts, and other judicial services salaries and expenses
- $15,000,000
Election Assistance Commission grants to states for election security and administration improvements
How implementation would work
The bill operates through standard appropriations mechanics: agencies receive lump-sum allocations subject to specific set-asides, transfer caps (typically 2–5 percent between accounts with committee approval), and reprogramming thresholds of $5 million or 10 percent. Each funded agency must submit a baseline spending report within 60 days and quarterly budget obligation reports thereafter. IRS must file quarterly IT-investment progress reports; OMB must issue compliance memos and cost statements for executive orders within specified windows. The DC-specific riders take effect immediately upon enactment and override local law; Treasury reports on Bitcoin Reserve and digital-asset custody are due within 90 days of enactment.
Legislative status & sources
Latest action
Placed on the Union Calendar, Calendar No. 193.
Official CRS summary
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This bill provides FY2026 appropriations for several federal departments and agencies, including
- the Department of the Treasury,
- the Executive Office of the President,
- the judiciary,
- the District of Columbia, and
- several independent agencies.
The independent agencies funded in the bill include
- the Administrative Conference of the United States,
- the Consumer Product Safety Commission,
- the Election Assistance Commission,
- the Federal Communications Commission,
- the Federal Deposit Insurance Corporation,
- the Federal Election Commission,
- the Federal Labor Relations Authority,
- the Federal Permitting Improvement Steering Council,
- the Federal Trade Commission,
- the General Services Administration,
- the Harry S. Truman Scholarship Foundation,
- the Merit Systems Protection Board,
- the Morris K. Udall and Stewart L. Udall Foundation,
- the National Archives and Records Administration,
- the National Credit Union Administration,
- the Office of Government Ethics,
- the Office of Personnel Management,
- the Office of Special Counsel,
- the Privacy and Civil Liberties Oversight Board,
- the Public Buildings Reform Board,
- the Securities and Exchange Commission,
- the Selective Service System,
- the Small Business Administration,
- the U.S. Postal Service, and
- the U.S. Tax Court.
The bill also sets forth requirements and restrictions for using funds provided by this and other appropriations acts.
Legislative subjects
Abortion; Accounting and auditing; Administrative Conference of the U.S.; Administrative law and regulatory procedures; Advisory bodies; Alaska Natives and Hawaiians; Appropriations; Asia; California; Caribbean area; China; Climate change and greenhouse gases; Community Development Financial Institutions Fund; Computer security and identity theft; Computers and information technology; Congressional oversight; Consumer Financial Protection Bureau; Consumer Product Safety Commission; Consumer affairs; Criminal procedure and sentencing; Cuba; Currency; Department of the Treasury; Disaster relief and insurance; District of Columbia; Drug trafficking and controlled substances; Economics and Public Finance; Election Assistance Commission; Elections, voting, political campaign regulation; Emergency planning and evacuation; Employee hiring; Employment and training programs; Executive Office of the President; Executive agency funding and structure; Family planning and birth control; Federal Communications Commission (FCC); Federal Deposit Insurance Corporation (FDIC); Federal Election Commission (FEC); Federal Labor Relations Authority; Federal Trade Commission (FTC); Federal appellate courts; Federal district courts; Firearms and explosives; Fraud offenses and financial crimes; General Services Administration; Government buildings, facilities, and property; Government employee pay, benefits, personnel management; Government information and archives; Government lending and loan guarantees; Government trust funds; HIV/AIDS; Higher education; Historical and cultural resources; Homeland security; Housing and community development funding; Human rights; Hybrid, electric, and advanced technology vehicles; Indian social and development programs; Infrastructure development; Intellectual property; Intelligence activities, surveillance, classified information; Internal Revenue Service (IRS); Internet, web applications, social media; Iran; Judges; Labor-management relations; Latin America; Law enforcement administration and funding; Lawyers and legal services; Lease and rental services; Legal fees and court costs; Libraries and archives; Licensing and registrations; Merit Systems Protection Board; Middle East; Missouri; Motor vehicles; National Archives and Records Administration; National Credit Union Administration; North Carolina; North Korea; Office of Government Ethics; Office of Management and Budget (OMB); Office of Personnel Management (OPM); Pornography; Postal service; Presidents and presidential powers, Vice Presidents; Privacy and Civil Liberties Oversight Board; Protection of officials; Public contracts and procurement; Public transit; Racial and ethnic relations; Religion; Research and development; Residential rehabilitation and home repair; Securities; Securities and Exchange Commission (SEC); Selective Service System; Small Business Administration; Small business; Smuggling and trafficking; Specialized courts; State and local courts; Student aid and college costs; Supreme Court; Tax administration and collection, taxpayers; Telephone and wireless communication; Terrorism; Transportation costs; U.S. Postal Service; U.S. Sentencing Commission; U.S. and foreign investments; Venezuela; Virginia; Wages and earnings; Water resources funding; Women's health
Committee report
H. Rept. 119-236