Financial Services and General Government Appropriations Act, 2027
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This bill would fund the Department of the Treasury, the Executive Office of the President, the federal judiciary, the District of Columbia, and numerous independent agencies such as the SEC, FTC, FCC, and SBA for fiscal year 2027.
Beyond setting spending levels, it would attach dozens of policy riders — restricting IRS enforcement priorities, blocking federal DEI and 'critical race theory' programs, repealing a D.C. assisted-suicide law, and limiting D.C.'s home-rule authority on issues from cannabis to policing.
What this bill would do
What it would do
The bill would appropriate funding for fiscal year 2027 across Treasury, the IRS, the White House and Executive Office of the President, the federal courts, the District of Columbia government, and more than twenty independent agencies including the SEC, FTC, FCC, GSA, SBA, and OPM. It sets specific dollar amounts for hundreds of individual accounts — from IRS taxpayer services and enforcement to federal courthouse security to Small Business Administration loan guarantee ceilings — and includes detailed transfer, reprogramming, and reporting requirements agencies must follow. The bill also carries a long list of policy riders that go beyond funding: it would bar federal dollars for abortion coverage except in limited cases, prohibit DEI and 'critical race theory' training government-wide, restrict IRS enforcement of certain nonprofit and free-file rules, cap Vice Presidential and Executive Schedule pay increases, repeal D.C.'s Death With Dignity Act, and block D.C. from enacting various local laws on marijuana, policing, and voting by noncitizens. It does not fund defense, health, agriculture, or most domestic discretionary programs, which are covered by separate appropriations bills.
Key provisions
- 1Would appropriate funding for the Department of the Treasury, including the IRS, Financial Crimes Enforcement Network, and CDFI Fund, for fiscal year 2027.
- 2Would fund the Executive Office of the President, including the White House, OMB, and National Security Council, and require cost-benefit statements for executive orders.
- 3Would appropriate funds for the federal judiciary, including court security, defender services, and would rename a Fort Lauderdale courthouse.
- 4Would provide federal payments to the District of Columbia for courts, tuition support, and school choice, while restricting D.C.'s ability to enact certain local laws.
- 5Would fund independent agencies including the SEC, FTC, FCC, GSA, SBA, and OPM, with riders limiting several agencies' rulemaking authority.
- 6Would bar use of any funds in the Act for abortion coverage, DEI programs, critical race theory activities, or electric vehicle procurement.
- 7Would repeal the District of Columbia's Death With Dignity Act and restrict D.C. home rule on drug policy, policing, and noncitizen voting.
Who would be affected
Federal employees and contractors at Treasury, the IRS, the courts, the White House, and dozens of independent agencies; taxpayers who interact with IRS services and enforcement; District of Columbia residents, courts, and agencies subject to riders on home rule; small businesses seeking SBA loans; and companies regulated by the SEC, FTC, and FCC.
Why it matters
The bill determines operating budgets for tax collection, financial regulation, courts, and D.C. government for a full fiscal year, affecting service levels, enforcement priorities, and staffing. Its policy riders would also override local D.C. laws on assisted suicide, drug policy, and policing, and restrict federal agencies' use of funds for DEI, abortion coverage, and certain IRS and financial regulatory activities.
What would change
Changes to existing law
Repeals Death With Dignity Act of 2016 (D.C. Law 21-182) (Sec. 820(b))
Repeals the District of Columbia's medical aid-in-dying law entirely.
Amends District of Columbia Home Rule Act (Sec. 820(a))
Adds a new restriction barring the D.C. Council from reducing penalties tied to assisted-suicide funding restrictions.
Repeals Corrections Oversight Improvement Omnibus Amendment Act of 2022 (D.C. Law 24-344) (Sec. 825)
Repeals a section of the Act and restores the prior D.C. Official Code provision it had amended.
Repeals Youth Rehabilitation Amendment Act of 2018 (D.C. Law 22-197) (Sec. 829)
Repeals two subsections and restores the law they had amended as if never enacted.
Amends Federal Reserve appendix C to part 225 of title 12, CFR (Sec. 901)
Would direct the Federal Reserve to raise the consolidated asset threshold under the appendix to $12,000,000,000.
Reauthorizes Help America Vote Act of 2002
Provides election security grant funding to states under modified funding formulas for fiscal year 2027.
Reauthorizes Small Business Act loan guarantee programs
Sets fiscal year 2027 loan guarantee commitment ceilings for SBA business and disaster loan programs.
Agencies directed to act
Effective dates
- The overall appropriations covered by the Act
- Restrictions on pay rate increases for political appointees and Executive Schedule employees
- District of Columbia local funds continuing appropriation if no FY2028 budget is enacted
Funding and costs
- $3,036,606,000
IRS taxpayer services, including pre-filing assistance and taxpayer advocacy
- $3,600,006,000
IRS tax enforcement activities, including criminal investigations
- $3,605,391,000
IRS technology and operations support
- $9,735,915,000
GSA Federal Buildings Fund real property activities
- $2,026,330,000
Securities and Exchange Commission salaries and expenses
- $276,600,000
Community Development Financial Institutions Fund
- $16,500,000,000
aggregate SBA loan guarantee commitments under section 503 and section 502(7)
- $35,500,000,000
aggregate commitments for general business loans under section 7(a) of the Small Business Act
- $50,000,000
Federal payment to the District of Columbia for emergency planning and security costs
How implementation would work
Agencies would receive appropriated amounts for specific accounts, many with caps on transfers (often 2-5 percent) requiring advance approval from the House and Senate Appropriations Committees before reprogramming funds. Numerous provisions require agencies to submit quarterly or one-time reports to Congress — on spending plans, conference costs, IT investments, and enforcement of specific riders — within set deadlines (30, 45, 60, or 90 days after enactment or each quarter). Some funds remain available for multiple years (e.g., through FY2028-FY2030) while others expire at the end of FY2027 unless reauthorized. Several riders take effect immediately upon enactment and bar agencies from using any appropriated funds, from this or other Acts, for specified activities until conditions are met, such as GAO or National Academy of Sciences studies.
Legislative status & sources
Latest action
Placed on the Union Calendar, Calendar No. 540.
Official CRS summary
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This bill provides FY2027 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 Council of the Inspectors General on Integrity and Efficiency,
- the Election Assistance Commission,
- the Federal Communications Commission,
- the Federal Deposit Insurance Corporation Office of the Inspector General,
- the Federal Election Commission,
- the Federal Labor Relations Authority,
- 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
Economics and Public Finance
Committee report
H. Rept. 119-623