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BillHR 8671 · 119

Bank Fraud Technology Advancement Act of 2026

Introduced
May 7, 2026
Cosponsors
1
Traction
0
Last Action
Jun 18, 2026

Bill Summary

Requires the development and use of advanced technologies to prevent and investigate bank fraud. Funds research and implementation of these technologies to help banks and law enforcement agencies detect and combat fraud more effectively.

Sponsored By

Mike Flood
Republican · Nebraska · House

Bill Journey

  1. May 7, 2026
  4. Jun 18, 2026You Are Here

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects banks, financial institutions, and law enforcement agencies, providing them with new tools and technologies to prevent and investigate bank fraud, and also impacts individuals and businesses who use banking services by potentially reducing the risk of fraud.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeFinancial Services Committee
IntroducedMay 7, 2026
Last UpdatedJun 18, 2026
Latest ActionPlaced on the Union Calendar, Calendar No. 612.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.