Increase the dollar amount threshold for businesses to file financial reports with the government.
One policy goal, tracked across every bill that has carried it.
What’s happening with Financial Reporting Threshold Modernization Act?
H.R. 1799 reached the Union Calendar on March 18, 2026, but the House has not held a floor vote since that date. The House leadership must now decide to schedule the bill for a vote, which is the primary constraint because floor time is limited. While moving out of committee is a significant step that most bills do not achieve, many proposals stall at this stage without further action from leadership.
Updated July 9, 2026 · Generated by AI. Always verify with official sources.
Where it stands
Now carried by Financial Reporting Threshold Modernization Act (H.R. 1799 (119th)) →
Legislative Progress
Next up: The House · Nothing moves until they act.
How we got here
Every bill that has carried this goal, oldest first.
Died with Congress · Jan 3, 2025
Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.
Reintroduced · Jan 3, 2025
Reintroduced from H.R. 8686 (118th), which died when its Congress ended.
H.R. 8686 (118th) →
Vehicles
Who’s behind it
Barry Loudermilk (R-GA)Wrote and sponsored the current bill.