Accounting and auditing

S 2882: Continuing Appropriations and Extensions and Other Matters Act, 2026

Continuing Appropriations and Extensions and Other Matters Act, 2026

This bill provides continuing FY2026 appropriations for federal agencies, permanently extends the expanded premium tax credit for purchasing health insurance, provides additional funding for Medicaid and security for federal officials, and extends various expiring programs.

Specifically, the bill provides continuing FY2026 appropriations to federal agencies through the earlier of October 31, 2025, or the enactment of the applicable appropriations act. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2026 appropriations bills have not been enacted when FY2026 begins on October 1, 2025.

The CR funds most programs and activities at the FY2025 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. For example, the CR provides additional funding for the Corporation for Public Broadcasting and security for federal officials.

In addition, the CR

  • permanently extends provisions that expanded the premium tax credit, which generally reduces premiums for health insurance purchased through a health insurance exchange;
  • repeals health care provisions that were included in the One Big Beautiful Bill Act, including provisions that reduced Medicaid funding; 
  • authorizes the District of Columbia to spend local funds at the rates included in its FY2026 local budget;
  • extends the availability of certain funds that are being withheld by the Office of Management and Budget (OMB); and
  • limits the authority of OMB to withhold appropriations.

Finally, the bill extends several expiring programs and authorities, including programs related to health care, veterans, homeland security, and agriculture.  

HR 5450: Continuing Appropriations and Extensions and Other Matters Act, 2026

Continuing Appropriations and Extensions and Other Matters Act, 2026

This bill provides continuing FY2026 appropriations for federal agencies, permanently extends the expanded premium tax credit for purchasing health insurance, provides additional funding for Medicaid and security for federal officials, and extends various expiring programs.

Specifically, the bill provides continuing FY2026 appropriations to federal agencies through the earlier of October 31, 2025, or the enactment of the applicable appropriations act. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2026 appropriations bills have not been enacted when FY2026 begins on October 1, 2025.

The CR funds most programs and activities at the FY2025 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. For example, the CR provides additional funding for the Corporation for Public Broadcasting and security for federal officials.

In addition, the CR

  • permanently extends provisions that expanded the premium tax credit, which generally reduces premiums for health insurance purchased through a health insurance exchange;
  • repeals health care provisions that were included in the One Big Beautiful Bill Act, including provisions that reduced Medicaid funding; 
  • authorizes the District of Columbia to spend local funds at the rates included in its FY2026 local budget;
  • extends the availability of certain funds that are being withheld by the Office of Management and Budget (OMB); and
  • limits the authority of OMB to withhold appropriations.

Finally, the bill extends several expiring programs and authorities, including programs related to health care, veterans, homeland security, and agriculture.  

HR 5371: Continuing Appropriations and Extensions Act, 2026

Continuing Appropriations and Extensions Act, 2026

This bill provides continuing FY2026 appropriations for federal agencies, provides additional funding for security for federal officials, and extends various expiring programs and authorities.

Specifically, the bill provides continuing FY2026 appropriations to federal agencies through the earlier of November 21, 2025, or the enactment of the applicable appropriations act. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2026 appropriations bills have not been enacted when FY2026 begins on October 1, 2025. 

The CR funds most programs and activities at the FY2025 levels with several exceptions that provide funding flexibility and additional appropriations for various programs.

For example, the CR provides additional funding for security for Members of Congress, Supreme Court Justices, and executive branch officials. It also authorizes the District of Columbia to spend local funds at the rates included in its FY2026 local budget.

In addition, the bill extends several expiring programs and authorities, including

  • several public health, Medicare, and Medicaid authorities and programs;
  • various programs and authorities related to veterans;
  • the U.S. Grain Standards Act;
  • the Department of Agriculture livestock mandatory price reporting program;
  • several Department of Homeland Security (DHS) programs related to cybersecurity;
  • authorities for DHS and the Department of Justice to take actions to mitigate a credible threat from an unmanned aircraft system;
  • the special assessment on nonindigent persons or entities convicted of certain offenses involving sexual abuse or human trafficking;
  • authorities related to the Commodity Futures Trading Commission whistleblower program; and
  • the Defense Production Act of 1950.

HR 4779: National Security, Department of State, and Related Programs Appropriations Act, 2026

National Security, Department of State, and Related Programs Appropriations Act, 2026

This bill provides FY2026 appropriations for national security, the Department of State, and related programs.

The bill provides appropriations to the State Department for

  • Administration of Foreign Affairs,
  • International Organizations, and
  • International Commissions.

The bill provides appropriations for related programs, including

  • International Broadcasting Operations and Capital Improvements,
  • the Asia Foundation,
  • the U.S. Institute of Peace,
  • the Center for Middle Eastern-Western Dialogue Trust Fund,
  • the Eisenhower Exchange Fellowship Program,
  • the Israeli Arab Scholarship Program,
  • the East-West Center, and
  • the National Endowment for Democracy.

The bill provides appropriations for other commissions, including

  • the Commission for the Preservation of America’s Heritage Abroad,
  • the U.S. Commission on International Religious Freedom,
  • the Commission on Security and Cooperation in Europe,
  • the Congressional-Executive Commission on the People’s Republic of China, and 
  • the U.S.-China Economic and Security Review Commission.

The bill provides appropriations to

  • the House Democracy Partnership,
  • the President for Administration of Assistance,
  • the State Department and the President for International Security Assistance, and
  • International Financial Institutions for Multilateral Assistance.

The bill provides appropriations for bilateral economic assistance, including programs and activities conducted by

  • the President;
  • Independent Agencies, including the Peace Corps, the Millennium Challenge Corporation, the Inter-American Foundation, and the U.S. African Development Foundation; and
  • the Department of the Treasury.

The bill provides appropriations for export and investment assistance to

  • the Export-Import Bank of the United States,
  • the U.S. International Development Finance Corporation, and
  • the U.S. Trade and Development Agency.

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

S 2296: National Defense Authorization Act for Fiscal Year 2026

National Defense Authorization Act for Fiscal Year 2026

This bill sets forth policies and authorities for FY2026 for Department of Defense (DOD) programs and activities, military construction, and the national security programs of the Department of Energy (DOE). It also authorizes the Defense Nuclear Facilities Safety Board for FY2026. The bill authorizes appropriations but it does not provide budget authority, which is provided by appropriations legislation.

Among other elements, the bill

  • authorizes the procurement of various items, including aircraft, ships, and missiles;
  • authorizes active duty and reserve component personnel strength levels;
  • authorizes specified military construction projects and extends the authorization of certain projects from previous fiscal years;
  • requires DOD to develop a strategy on the national security implications of emerging biotechnologies;
  • requires the Navy to implement certain processes to improve the material condition and combat readiness of Navy surface ships maintained and repaired at private shipyards; 
  • extends the Pacific Deterrence Initiative (an initiative to enhance U.S. deterrence and defense posture, assure allies and partners, and increase capability and readiness in the Indo-Pacific region) through FY2026; and
  • repeals various statutory provisions related to diversity, equity, and inclusion within DOD, including a provision establishing the position of Chief Diversity Officer of DOD.

For additional information on the National Defense Authorization Act (NDAA) see

HR 3838: Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act for Fiscal Year 2026

Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act for Fiscal Year 2026

This bill sets forth policies and authorities for FY2026 for Department of Defense (DOD) programs and activities, military construction, and the national security programs of the Department of Energy and the Maritime Administration. It also authorizes appropriations for the Defense Nuclear Facilities Safety Board and the Naval Petroleum Reserves, and modifies the defense acquisition system to expedite delivery of capabilities to the Armed Forces.

Among other elements, the bill

  • authorizes the acquisition or modification of various military items (e.g., aircraft) and sets policy for certain procurement programs;
  • authorizes research, development, test, and evaluation and sets policy for such activities;
  • sets active component and reserve component end-strength levels;
  • sets policy regarding various aspects of military health care and military compensation;
  • sets policy regarding acquisitions and acquisition management, including contracting authorities and small businesses;
  • sets policy for various matters related to DOD interactions with foreign nations, including matters concerning Israel;
  • sets policy for various matters related to DOD cyber activities, cyber workforce and training, cybersecurity, and artificial intelligence matters; and
  • authorizes the activities of the National Nuclear Security Administration, defense environmental cleanup, nuclear energy, and other defense activities.

For additional information on the National Defense Authorization Act (NDAA) see

HR 3343: Greenlighting Growth Act

Greenlighting Growth Act

This bill limits the financial information an emerging growth company (EGC) must submit to the Securities and Exchange Commission. An EGC is a type of issuer that qualifies for reduced disclosures after its initial public offering (IPO) if its annual gross revenues are below a specific dollar amount. For example, an EGC must currently provide two years of financial statements after its IPO, rather than the three required for other companies. 

Under the bill, an emerging growth company is not required to present certain financial statements from acquired companies. This applies to statements from the time period prior to the earliest audited period presented in connection with the EGC’s IPO. In addition, the bill provides that no issuer that was formerly an EGC is required to present financial statements older than its earliest audit performed in connection with its IPO. 

S 1582: GENIUS Act

Guiding and Establishing National Innovation for U.S. Stablecoins Act or the GENIUS Act

This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must redeem for a fixed value).

Under the bill, only permitted issuers may issue a payment stablecoin for use by U.S. persons, subject to certain exceptions and safe harbors. Permitted issuers must be a subsidiary of an insured depository institution, a federal-qualified nonbank payment stablecoin issuer, or a state-qualified payment stablecoin issuer. Permitted issuers must be regulated by the appropriate federal or state regulator. Permitted issuers may choose federal or state regulation; however, state regulation is limited to those with a stablecoin issuance of $10 billion or less.

Permitted issuers must maintain reserves backing the stablecoin on a one-to-one basis using U.S. currency or other similarly liquid assets, as specified. Permitted issuers must also publicly disclose their redemption policy and publish monthly the details of their reserves.

The bill specifies requirements for (1) reusing reserves; (2) providing safekeeping services for stablecoins; and (3) supervisory, examination, and enforcement authority over federal-qualified issuers.

The bill allows foreign issuers of stablecoins to offer, sell, or make available in the United States stablecoins using digital asset service providers, subject to requirements, including a determination by the Department of Treasury that they are subject to comparable foreign regulations.

Under the bill, permitted payment stablecoins are not considered securities under securities law. However, permitted issuers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.

S 919: GENIUS Act of 2025

Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 or the GENIUS Act of 2025

This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must redeem for a fixed value).

Under the bill, only permitted issuers may issue a payment stablecoin for use by U.S. persons, subject to certain exceptions. Permitted issuers must be a subsidiary of an insured depository institution, a federal-qualified nonbank payment stablecoin issuer, or a state-qualified payment stablecoin issuer. Permitted issuers must be regulated by the appropriate federal or state regulator. Permitted issuers may choose federal or state regulation; however, state regulation is limited to those with a stablecoin issuance of $10 billion or less.

Permitted issuers must maintain reserves backing the stablecoin on a one-to-one basis using U.S. currency or other similarly liquid assets, as specified. Permitted issuers must also publicly disclose their redemption policy and publish monthly the details of their reserves.

The bill specifies requirements for (1) reusing reserves; (2) providing safekeeping services for stablecoins; and (3) supervisory, examination, and enforcement authority over federal-qualified issuers.

The bill allows foreign issuers to offer stablecoins in the United States if the issuer has the capability to comply with lawful orders. The Department of the Treasury must establish reciprocal agreements between the United States and similarly regulated jurisdictions.

Under the bill, permitted payment stablecoins are not considered securities under securities law. However, permitted issuers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.

HR 1968: Full-Year Continuing Appropriations and Extensions Act, 2025

Full-Year Continuing Appropriations and Extensions Act, 2025

This bill provides continuing FY2025 appropriations for federal agencies and extends various expiring programs and authorities. 

Specifically, the bill provides continuing FY2025 appropriations to federal agencies for the remainder of FY2025. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2025 appropriations bills have not been enacted when the existing CR expires on March 14, 2025. 

The CR funds most programs and activities at the FY2024 levels. It also includes several additional provisions that increase or decrease funding for various programs compared to FY2024 levels. 

In addition, the bill extends several expiring programs and authorities, including

  • several public health, Medicare, and Medicaid authorities and programs;
  • the National Flood Insurance Program;
  • authorities related to the Commodity Futures Trading Commission whistleblower program;
  • the Department of Homeland Security (DHS) National Cybersecurity Protection System;
  • authorities for DHS and the Department of Justice to take certain actions to mitigate a credible threat from an unmanned aircraft system;
  • the Temporary Assistance for Needy Families (TANF) program;
  • several immigration-related programs and authorities; 
  • the special assessment on nonindigent persons or entities convicted of certain offenses involving sexual abuse or human trafficking;
  • the temporary scheduling order issued by the Drug Enforcement Administration to place fentanyl-related substances in Schedule I of the Controlled Substances Act;
  • the authorization for the U.S. Parole Commission; and
  • the Department of Agriculture livestock mandatory price reporting program.