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Congress·Reported·H.R. 5166

House Appropriations Committee Advances 2026 Funding Bill Blocking IRS Free Filing, Digital Dollar

Financial Services and General Government Appropriations Act, 2026

Also known as: Judiciary Appropriations Act, 2026

7 months ago·View on Congress.gov

Legislative Progress

House
Senate
President
Law

Key Points

  • Sets 2026 funding levels for the Treasury Department, including Treasury cybersecurity ($99 million) and key oversight offices.
  • Funds the IRS for customer help and tax enforcement, including money for phone help, identity-theft casework, and low-income tax clinic grants.
  • Blocks some Treasury actions, including work on a U.S. central bank digital currency and any move to end paper cash as legal tender.
  • Limits the IRS from creating a free government e-filing option unless Congress approves, and bars buying more IRS firearms above 2022 levels.
  • Directs Treasury to report on a possible Strategic Bitcoin Reserve and how the government would securely hold digital assets.
Economy FinanceTaxesTechnology Digital

Impact Analysis

Personal Impact

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

State Impacts

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Political Response

Milestones

2 actions
Sep 5, 2025House

Placed on the Union Calendar, Calendar No. 193.

Sep 5, 2025House

The House Committee on Appropriations reported an original measure, H. Rept. 119-236, by Mr. Joyce (OH).

What Happens Next

Projected impacts based on AI analysis

Treasury must report on the feasibility of a Strategic Bitcoin Reserve and digital asset custody plans

Congress will get its first formal assessment of whether the U.S. government should hold Bitcoin as a strategic asset, which could influence future crypto policy and markets

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Source Information

Document Type

Congressional Bill

Official Title

Financial Services and General Government Appropriations Act, 2026

Bill NumberHR 5166
Congress119th Congress
ChamberHouse of Representatives
Latest ActionPlaced on the Union Calendar, Calendar No. 193.

Sponsor

Analysis generated by AI. Always verify with official sources.