We have received text from H.R. 7508: Financial Disclosure Modernization Act. This bill was received on 2026-02-11, and currently has 3 cosponsors.
Here is a short summary of the bill:
The proposed bill, known as the
Financial Disclosure Modernization Act
, aims to update the financial disclosure requirements for certain officials and candidates as mandated under Chapter 131 of Title 5 of the United States Code. The main components of the bill are as follows:
1. Adjustments to Reporting Thresholds
One major aspect of this bill is the modification of the reporting value categories for financial disclosures. The existing categories, which quantify various financial interests like dividends, rents, interest, and capital gains, will see new thresholds introduced. Specifically:
- Current thresholds for reporting capital gains and similar financial interests will be revised to include more granular ranges.
- New categories will be established for amounts that exceed $5 million, with additional levels introduced up to amounts greater than $1 billion.
2. New Categories for Reporting Amounts
The bill also amends the categories for reporting certain amounts or values in the financial disclosures:
- New ranges will be specified for financial interests exceeding $50 million up to $1 billion, and over $1 billion, allowing for a more detailed overview of officials' financial dealings.
- This change emphasizes greater transparency by requiring disclosures to be categorized in a way that identifies larger financial interests more clearly.
3. Effective Date of Amendments
The changes enacted by this bill will take effect for all financial disclosure reports that need to be filed on or after the date the bill is signed into law. This means that any financial disclosures made after the enactment of this bill must conform to the new reporting categories and thresholds.
4. Purpose of Updates
The primary aim of these amendments is to modernize the current financial disclosure system, making it easier for the public and oversight bodies to review and understand the financial assets and interests of officials and candidates. The hope is that clearer and more detailed disclosures will enhance transparency regarding potential conflicts of interest.
Relevant Companies
None found
Representative Dave Min Bill Proposals
Here are some bills which have recently been proposed by Representative Dave Min:
- H.R.7508: To modify reporting value categories for financial disclosure reports required under chapter 131 of title 5, United States Code.
- H.R.6883: Reproductive Coercion Prevention and Protection Act of 2025
- H.R.6658: BASIC Act
- H.R.6469: FREEDOM Act
- H.R.6154: Regional Leadership in Wildland Fire Research Act of 2025
- H.R.5028: SAFE Act of 2025
You can track bills proposed by Representative Dave Min on Quiver Quantitative's politician page for Min.
Representative Dave Min Net Worth
Quiver Quantitative estimates that Representative Dave Min is worth $2.3M, as of February 23rd, 2026. This is the 242nd highest net worth in Congress, per our live estimates.
Min has approximately $61.6K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Dave Min's net worth on Quiver Quantitative's politician page for Min.
Representative Dave Min Stock Trading
We have data on up to $30.0K of trades from Representative Dave Min, which we parsed from STOCK Act filings. Some of the largest trades include:
- A March 19th, 2025 sale of up to $15K of $FSLR. The stock has risen 87.01% since then.
- A March 19th, 2025 sale of up to $15K of $ZOOM.
You can track Representative Dave Min's stock trading on Quiver Quantitative's politician page for Min.
2026 California's 47th Congressional District Election
There has been approximately $41,789,422 of spending in California's 47th congressional district elections over the last two years, per our estimates.
Approximately $30,675,928 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- HMP ($9,263,375)
- CLUB FOR GROWTH ACTION ($4,210,862)
- UNITED DEMOCRACY PROJECT ('UDP') ($3,730,793)
- LCV VICTORY FUND ($2,576,644)
- WIN IT BACK PAC ($2,427,047)
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 California's 47th congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
