H.R. 8058: United States Secret Service Reserve Fund Act of 2026

This bill, known as the United States Secret Service Reserve Fund Act of 2026, proposes the establishment of a dedicated reserve fund for the United States Secret Service. Here are the key elements of the bill:

Establishment of the Fund

The bill sets up a fund called the United States Secret Service Reserve Fund. This fund is intended to cover necessary expenses related to the protection of individuals specified in section 3056 of title 18, United States Code. This includes paying the salaries of employees who provide protection during periods when there is a lapse in appropriations for the Secret Service.

Usage of the Fund

The Director of the United States Secret Service is authorized to utilize the funds for specified purposes:

• During a lapse in appropriations affecting the Secret Service, starting from the date of the lapse.
• Until the lapse ends or up to 30 days after the lapse begins, whichever comes first.

Funding Amount

The bill allocates a total of $106,000,000 from the U.S. Treasury for the creation of this reserve fund.

Deposit and Management of Funds

The Secretary of the Treasury is responsible for depositing the allocated funds into the United States Secret Service Reserve Fund.

Accountability and Reporting

By January 31, 2027, the Director of the United States Secret Service must return any unused funds remaining in the reserve fund back to the Secretary of the Treasury, and those funds will be rescinded. Additionally, the Director is required to submit a report to Congress detailing how the funds were used and any transactions conducted regarding the reserve fund, within 30 days after the funds are returned.

Relevant Congressional Committees

The bill specifies which congressional committees will be considered the appropriate committees for oversight purposes, including:

• The Committee on House Administration (House of Representatives)
• The Committee on Rules and Administration (Senate)
• The Committee on the Judiciary (House of Representatives)
• The Committee on the Judiciary (Senate)
• The Committee on Appropriations (House of Representatives)
• The Committee on Appropriations (Senate)

Relevant Companies

None found