HR 7006 · 119th Congress

Financial Services and General Government and National Security, Department of State, and Related Programs Appropriations Act, 2026

federal budgetgovernment fundingIRS fundingforeign aidState Department
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Last action 2026-01-15

Sponsored by Rep. Cole, Tom [R-OK-4] (R) — OK

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This bill would fund two of the twelve annual appropriations bills for fiscal year 2026: the Financial Services and General Government Appropriations Act and the National Security, Department of State, and Related Programs Appropriations Act, covering the Treasury, the Executive Office of the President, the federal judiciary, the District of Columbia, dozens of independent agencies, the State Department, and foreign assistance programs.

As a routine appropriations vehicle, it sets specific dollar amounts and policy riders for these agencies rather than creating new national policy, but its scale is large: it funds tax collection, financial regulation, courts, embassies, foreign aid, and international development banks for the year, along with hundreds of restrictions on how the money can be used.

What this bill would do

What it would do

The bill would provide fiscal year 2026 appropriations for the Department of the Treasury (including the IRS, Financial Crimes Enforcement Network, and CDFI Fund), the Executive Office of the President, the federal judiciary, the District of Columbia, and independent agencies such as the SEC, FTC, FCC, Small Business Administration, and General Services Administration. It would separately fund the State Department, USAID-related foreign assistance accounts, international security and economic assistance, multilateral development bank contributions, and export-promotion agencies like the Export-Import Bank. The bill sets specific funding levels for each account and attaches hundreds of general provisions restricting or directing how funds may be used, including notification and reprogramming rules, travel and conference limits, abortion-funding restrictions, and country-specific conditions on foreign aid. It would not create major new federal programs or permanently alter most existing law; most provisions are one-year funding decisions and policy riders that expire at the end of fiscal year 2026. It does include several permanent or multi-year statutory changes, such as amendments to the D.C. College Access Act, new authorizations for international financial institution replenishments, and rescissions of unobligated prior-year funds.

Key provisions

  1. 1Would appropriate funding for the Department of the Treasury, including the IRS ($3.04 billion for taxpayer services, $4.999 billion for enforcement), Financial Crimes Enforcement Network, and CDFI Fund.Division A, Title I
  2. 2Would fund the Executive Office of the President, including the White House, OMB, National Security Council, and Office of National Drug Control Policy, with new OMB reporting requirements on executive order budgetary impacts.Division A, Title II, Sec. 202
  3. 3Would appropriate over $9 billion for the federal judiciary, including court security, defender services, and judicial salaries.Division A, Title III
  4. 4Would provide federal payments to the District of Columbia for courts, tuition support, school improvement, emergency planning, and other programs, and would amend the D.C. College Access Act's award limits.Division A, Title IV; Sec. 820
  5. 5Would fund independent agencies including the SEC ($2.149 billion), FTC, FCC, Small Business Administration, and General Services Administration, with numerous policy riders restricting specific regulatory actions.Division A, Title V
  6. 6Would appropriate over $9.3 billion for State Department diplomatic operations and separately fund global health, humanitarian assistance, and security assistance programs including $6.16 billion in foreign military financing.Division B, Titles I, III, IV
  7. 7Would impose country-specific conditions and restrictions on assistance to numerous nations (including Egypt, Israel, Pakistan, Colombia, Mexico, and others) and prohibit assistance to Cuba, North Korea, Iran, and the Taliban.Division B, Title VII

Who would be affected

Federal employees and agencies across Treasury, the White House, the judiciary, D.C. government, and dozens of independent agencies; taxpayers interacting with the IRS; recipients of D.C. federal payments including courts and schools; foreign governments, international organizations, and NGOs receiving U.S. foreign assistance; and contractors, grantees, and financial institutions doing business with these agencies.

Why it matters

Because it is an annual appropriations bill, its practical effect is immediate: agencies can only spend at the levels and under the conditions this bill sets, affecting IRS taxpayer services and enforcement, court operations, D.C. public services, and the scope and direction of U.S. diplomatic and foreign aid activity worldwide for the fiscal year, including aid to Israel, Egypt, Ukraine-adjacent countries, and international financial institutions.

What would change

Changes to existing law

Amends District of Columbia College Access Act of 1999 (Sec. 820)

Raises award caps for tuition assistance from $10,000/$50,000 to $15,000/$75,000 and from $2,500/$12,500 to $3,750/$18,750, with new ratable-reduction rules.

Amends International Development Association Act (Sec. 7070(b)(1))

Authorizes a $3,198,552,000 U.S. contribution to the 21st replenishment of the International Development Association.

Amends International Financial Institutions Act (Sec. 7070(b)(2)-(3))

Directs U.S. executive directors at multilateral development banks to advocate removing prohibitions on financing nuclear energy projects and to establish Nuclear Energy Assistance Trust Funds.

Amends Asian Development Bank Act (Sec. 7070(c))

Authorizes a $174,440,000 U.S. contribution to the 13th replenishment of the Asian Development Fund.

Amends African Development Bank Act (Sec. 7070(d))

Authorizes the U.S. to subscribe to 800,000 additional shares of African Development Bank capital stock, authorizing $7.8 billion in appropriations for callable shares.

Amends Treasury Forfeiture Fund (31 U.S.C. 9703) (Sec. 634)

Permanently rescinds $300,000,000 of unobligated balances from the fund.

Amends Emergency Wartime Supplemental Appropriations Act, 2003 (Loan Guarantees to Israel) (Sec. 7034(i)(4)(A))

Extends the loan guarantee authority deadline from September 30, 2030, to September 30, 2031.

Agencies directed to act

Department of the TreasuryInternal Revenue ServiceExecutive Office of the PresidentOffice of Management and BudgetFederal JudiciaryDistrict of Columbia governmentSecurities and Exchange CommissionFederal Trade CommissionFederal Communications CommissionSmall Business AdministrationGeneral Services AdministrationDepartment of StateUnited States Agency for Global MediaExport-Import Bank of the United StatesUnited States International Development Finance CorporationPeace CorpsMillennium Challenge CorporationOffice of Personnel Management

Effective dates

  • The whole Act's appropriationsSec. 5Fiscal year 2026
  • Prohibition on funding for UNRWA continues for FY2027 amountsDivision C, Sec. 1012027-03-25

Funding and costs

  • $3,036,606,000FY2026

    IRS taxpayer servicesDivision A, Title I

  • $4,999,000,000FY2026

    IRS tax enforcement activitiesDivision A, Title I

  • $2,149,000,000FY2026

    Securities and Exchange Commission operationsDivision A, Title V

  • $9,358,236,000FY2026

    State Department diplomatic programsDivision B, Title I

  • $6,158,397,000FY2026

    Foreign Military Financing Program grantsDivision B, Title IV

  • $5,400,000,000FY2026

    International humanitarian assistanceDivision B, Title III

  • $5,883,800,000FY2026-FY2030

    HIV/AIDS prevention, treatment and control, including Global Fund contributionDivision B, Title III

  • $300,000,000FY2026

    Permanent rescission of unobligated Treasury Forfeiture Fund balancesSec. 634

  • $174,000

    Payment to widow of a deceased Member of CongressSec. 6

Congressional Budget Office estimate

CBO estimates that H.R. 7006 would provide $76.6 billion in total discretionary budget authority for fiscal year 2026 across two appropriations divisions, with outlays of approximately $90.1 billion.

CBO estimates that H.R. 7006 would provide $76,562 million (about $76.6 billion) in total discretionary budget authority for fiscal year 2026 — $26,548 million under Division A (Financial Services and General Government) and $50,014 million under Division B (National Security and Department of State). Total outlays (the actual cash spent) are estimated at roughly $90.1 billion, reflecting both new and prior-year appropriations. A notable revenue effect stems from a provision allowing the IRS to transfer funds between accounts: CBO estimates this would increase revenues by $247 million in 2026 but decrease revenues by a net $844 million over the 2026–2035 period. CBO did not identify any intergovernmental or private-sector mandates in the bill.

View the full CBO cost estimate

How implementation would work

As an appropriations act, the bill takes effect largely through agency operating plans: each funded department or agency must submit spending plans to the House and Senate Appropriations Committees within 45 days of enactment detailing program-level uses of funds, and many provisions require advance notification (often 15 days) before agencies can reprogram funds, open or close offices, or change program scope. Numerous sections require periodic reports to Congress (quarterly, semi-annual, or annual) on spending, personnel, and compliance. Foreign assistance provisions layer country-specific certifications, waivers by the Secretary of State or President, and consultation requirements before funds can be obligated for particular countries or purposes, creating an extensive congressional oversight and notification framework running throughout the fiscal year.

Legislative status & sources

Latest action

Received in the Senate.

2026-01-15

Official CRS summary

Show the CRS summary

This bill provides FY2026 appropriations to several federal departments and agencies for activities and programs related to financial services, general government, national security, the administration of foreign affairs, and foreign assistance.

Specifically, the bill includes 2 of the 12 regular FY2026 appropriations bills: (1) the Financial Services and General Government Appropriations Act, 2026; and (2) the National Security, Department of State, and Related Programs Appropriations Act, 2026.

The departments, agencies, and activities funded in the bill include

  • the Department of the Treasury,
  • the Executive Office of the President,
  • the judiciary,
  • the District of Columbia,
  • the Department of State and related programs,
  • the administration and oversight of foreign assistance programs,
  • bilateral economic assistance,
  • international security assistance,
  • multilateral assistance,
  • export and investment assistance, and
  • several related and independent agencies.

The bill also sets forth requirements and restrictions for using funds provided by this and other appropriations acts.

From the Congressional Research Service.

Legislative subjects

Accounting and auditing; Administrative Conference of the U.S.; Administrative remedies; Advisory bodies; Afghanistan; Africa; African Development Foundation; Agricultural trade; Alaska Natives and Hawaiians; Alliances; Appropriations; Arab-Israeli relations; Arms control and nonproliferation; Asia; Australia; Aviation and airports; Banking and financial institutions regulation; Border security and unlawful immigration; Broadcasting, cable, digital technologies; Budget deficits and national debt; Building construction; Burma; Canada; Caribbean area; Central African Republic; China; Civil actions and liability; Coast guard; Collective security; Colombia; Commodities markets; Commodity Futures Trading Commission; Community Development Financial Institutions Fund; Competitiveness, trade promotion, trade deficits; Computer security and identity theft; Computers and information technology; Conflicts and wars; Congressional oversight; Congressional-executive branch relations; Consumer Product Safety Commission; Consumer affairs; Correctional facilities and imprisonment; Crime victims; Crimes against children; Criminal investigation, prosecution, interrogation; Criminal procedure and sentencing; Cuba; Cultural exchanges and relations; Currency; Debt collection; Democratic Republic of the Congo; Department of State; Department of the Treasury; Detention of persons; Diplomacy, foreign officials, Americans abroad; Disability assistance; Disaster relief and insurance; District of Columbia; Drug trafficking and controlled substances; Drug, alcohol, tobacco use; Economic development; Economics and Public Finance; Education programs funding; Egypt; Election Assistance Commission; Elections, voting, political campaign regulation; Electric power generation and transmission; Elementary and secondary education; Emergency planning and evacuation; Employment and training programs; Employment discrimination and employee rights; Ethiopia; Europe; Executive Office of the President; Executive agency funding and structure; Export-Import Bank of the United States; Family planning and birth control; Family relationships; 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; Financial literacy; First Amendment rights; Food assistance and relief; Food supply, safety, and labeling; Foreign aid and international relief; Foreign and international banking; Foreign loans and debt; Fraud offenses and financial crimes; Gaza Strip; General Services Administration; Government buildings, facilities, and property; Government employee pay, benefits, personnel management; Government ethics and transparency, public corruption; Government information and archives; Government lending and loan guarantees; Government studies and investigations; Government trust funds; HIV/AIDS; Haiti; Health personnel; Health programs administration and funding; Health promotion and preventive care; Higher education; Historic sites and heritage areas; Historical and cultural resources; Homeland security; Hong Kong; Human rights; Human trafficking; Immunology and vaccination; Indian social and development programs; Indonesia; Infectious and parasitic diseases; Infrastructure development; Intelligence activities, surveillance, classified information; Intergovernmental relations; Internal Revenue Service (IRS); International exchange and broadcasting; International monetary system and foreign exchange; International organizations and cooperation; Internet, web applications, social media; Iran; Israel; Judges; Kosovo; Labor-management relations; Laos; Latin America; Law enforcement administration and funding; Lawyers and legal services; Lease and rental services; Lebanon; Legal fees and court costs; Libraries and archives; Marine and coastal resources, fisheries; Maryland; Medical tests and diagnostic methods; Members of Congress; Merit Systems Protection Board; Mexico; Middle East; Military assistance, sales, and agreements; Military education and training; Minority and disadvantaged businesses; Monuments and memorials; Motor vehicles; Multilateral development programs; National Archives and Records Administration; National Credit Union Administration; National Guard and reserves; National and community service; National symbols; Nepal; News media and reporting; Nicaragua; Nigeria; North America; North Korea; Nuclear power; Office of Government Ethics; Office of Management and Budget (OMB); Office of Personnel Management (OPM); Office of Special Counsel; Organization of American States; Pakistan; Palestinians; Peace Corps; Philippines; Postal service; Presidents and presidential powers, Vice Presidents; Privacy and Civil Liberties Oversight Board; Product safety and quality; Protection of officials; Public contracts and procurement; Public-private cooperation; Puerto Rico; Radio spectrum allocation; Reconstruction and stabilization; Refugees, asylum, displaced persons; Religion; Residential rehabilitation and home repair; Russia; Rwanda; Sales and excise taxes; Securities; Securities and Exchange Commission (SEC); Selective Service System; Sex and reproductive health; Sex offenses; Sex, gender, sexual orientation discrimination; Small Business Administration; Small business; Smuggling and trafficking; South Sudan; Specialized courts; State and local courts; State and local government operations; Strategic materials and reserves; Student aid and college costs; Sudan; Supreme Court; Syria; Taiwan; Tax administration and collection, taxpayers; Tennessee; Terrorism; Tibet; Tunisia; Turkey; U.S. Agency for Global Media; U.S. Commission on International Religious Freedom; U.S. Institute of Peace; U.S. International Development Finance Corporation; U.S. Postal Service; U.S. Sentencing Commission; U.S. and foreign investments; Ukraine; United Kingdom; United Nations; User charges and fees; Venezuela; Vietnam; Virginia; Visas and passports; War crimes, genocide, crimes against humanity; Washington State; Water resources funding; Water storage; Water use and supply; West Bank; Women's rights; World health; Zimbabwe

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HR 7006: Financial Services and General Government and National Security, Department of State, and Related Programs Appropriations Act, 2026 | Legislation Reporter