U.S. Congress legislation · 119th Congress
HB8278: Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
Status: Passed one chamber, September 16, 2026
To require certain supervisory agencies to assess their technological capabilities, and for other purposes.
What the bill says
An act To require certain supervisory agencies to assess their technological capabilities, and for other purposes.
From the introduced text, September 16, 2026:
AN ACT To require certain supervisory agencies to assess their technological capabilities, and for other purposes. SECTION 1. Short title This Act may be cited as the Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act . SECTION 2. Findings Congress finds the following: (1) Banking regulators continue to examine and monitor depository institutions without sufficient access to real-time information. (2) Risk surrounding technology procurement may present challenges for updating supervisory technology. (3) To ensure that prudential supervision is effective and sustainable in the digital age, agencies must leverage new technologies to allow for the financial monitoring necessary to preserve a safe and sound banking system. (4) New technological tools are also necessary in order for agencies to effectively fulfill mandates other than prudential supervision, including their mandates to assure consumer protection and monitor Bank Secrecy Act compliance. (5) Agencies' reliance on outdated technology can create vulnerabilities for the financial system, through-- (A) difficulties in collecting, compiling, and analyzing relevant information about risks and noncompliance at supervised firms; (B) reliance on information that is inaccurate, incomplete, or not timely; (C) reliance on limited and outdated tools for data analysis; (D) difficulties in using data to identify risk trends; (E) difficulties in producing accurate and timely reports; (F) inadequacy of cybersecurity safeguards; and (G) failure to detect illegal …
Sponsors
- Marlin Stutzman (R, HD-003) · primary sponsor
- Bill Foster (D, HD-011)
Latest actions
- : Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- : Motion to reconsider laid on the table Agreed to without objection.
- : On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)
- : Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)
- : Considered as unfinished business. (consideration: CR H5822-5823)
- : Considered as unfinished business.
- : At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- : Considered under suspension of the rules. (consideration: CR H5605-5608)
- : DEBATE - The House proceeded with forty minutes of debate on H.R. 8278.
- : Considered under suspension of the rules.
Votes
- On Motion to Suspend the Rules and Pass, as Amended (September 15, 2026): 417 yea, 7 nay, passed
Subjects: Computers and information technology, Public contracts and procurement, Technology transfer and commercialization, Computer security and identity theft, Intergovernmental relations, Finance and Financial Sector, Technology assessment
Common questions
- What is HB8278?
- HB8278 is a bill in Congress (119th Congress): Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act.
- What does HB8278 do?
- In its own words: An act To require certain supervisory agencies to assess their technological capabilities, and for other purposes.
- What is the status of HB8278?
- Passed one chamber as of September 16, 2026. Latest action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (September 16, 2026).
- Who sponsored HB8278?
- Marlin Stutzman (R, HD-003), with 1 co-sponsor.
- Where is the official record for HB8278?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/8278
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.