H.R. 8340 · 119th Congress

Taxpayer Funds Oversight and Accountability Act

Introduced on Apr 16, 2026 by Dave Min (D-CA-47). 3 cosponsors, 2 of them from another party. Latest action (Jun 11, 2026): Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Stage
Passed one chamber
Introduced
Apr 16, 2026
Cosponsors
3
2 from the other party
Policy area
Government Operations and Politics
Open in the Congress explorerCongress.govAlert me

Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. 4Passed both chambers
  5. 5Sent to the President
  6. 6Became law

Official title

To modify the governmentwide financial management plan, and for other purposes.

Subjects

  • Accounting and auditing
  • Budget process
  • Congressional oversight
  • Executive agency funding and structure
  • Federal officials
  • Performance measurement

Summary

By the Congressional Research Service (Introduced in House, Apr 16, 2026). Public domain.

Taxpayer Funds Oversight and Accountability Act

This bill requires the Office of Management and Budget (OMB) to take certain actions to improve financial management systems across the federal government and expands the responsibilities of federal agency Chief Financial Officers (CFOs).

The bill requires OMB to submit a four-year governmentwide financial management plan to Congress within 12 months of enactment and thereafter with the budget submitted in the first full fiscal year following the start of a presidential term. Such plans must address certain topics, including strategies for (1) improving financial management systems; (2) strengthening the financial management workforce; and (3) reporting performance and cost information. OMB must annually submit related status reports to Congress and the Government Accountability Office (GAO).

Each agency CFO is assigned new responsibilities, including

  • preparing the agency plan to implement OMB's governmentwide financial management plan;
  • overseeing and, unless otherwise specified in law, providing leadership in the areas of budget formulation and execution, planning and performance, risk management, internal controls, financial systems, accounting, and other areas designated by OMB;
  • coordinating with relevant senior agency personnel on the strategic planning, performance measurement and reporting, and risk management functions of the agency;
  • managing the formulation and financial execution of the agency budget;
  • coordinating with the responsible agency official to ensure performance and cost information are linked; and
  • preparing annual reports on progress in implementing the governmentwide financial management plan and transmitting such reports to the agency head, OMB, GAO, and Congress.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Dave MinD-CA-47Sponsor

Democrats · 1

Republicans · 2

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

No recorded roll call on this measure: it moved by voice vote or unanimous consent, or has not reached the floor.

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Apr 16, 2026Introduced in House
  2. Apr 16, 2026Introduced in House
  3. Apr 16, 2026 · HouseReferred to the House Committee on Oversight and Government Reform.
  4. Apr 29, 2026 · HouseCommittee Consideration and Mark-up Session Held
  5. Apr 29, 2026 · HouseOrdered to be Reported (Amended) by the Yeas and Nays: 40 - 0.
  6. Jun 8, 2026 · HouseMr. Gill (TX) moved to suspend the rules and pass the bill, as amended.
  7. Jun 8, 2026 · HouseConsidered under suspension of the rules. (consideration: CR H3931-3933; text: CR H3931-3932)
  8. Jun 8, 2026 · HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 8340.
  9. Jun 8, 2026 · HouseAt the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Gill (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
  10. Jun 10, 2026 · HouseConsidered as unfinished business. (consideration: CR H4079)
  11. Jun 10, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  12. Jun 10, 2026 · HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  13. Jun 10, 2026 · HouseMotion to reconsider laid on the table Agreed to without objection.
  14. Jun 11, 2026 · SenateReceived in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. National Council of Nonprofits (formerly known as the National Council of Nonpro1 report
    $95.5K reported (all issues)
  2. National Taxpayers Union1 report
    $30K reported (all issues)
  3. RSM US LLP (formerly known as McGladrey LLP)1 report
    $150K reported (all issues)

Reports filed in 2026.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 7, 2026 · loaded Oct 7, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 7, 2026 · loaded Oct 7, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.