Senator Jim Banks announces key wins for Indiana in the Senate's passage of the Fiscal Year 2026 NDAA.
Quiver AI Summary
Senator Jim Banks (R-Ind.), a member of the Senate Armed Services Committee, announced that the Senate has passed the Fiscal Year 2026 National Defense Authorization Act. Banks stated, "I came to the Senate to deliver results for Indiana," highlighting the provisions aimed at enhancing military capabilities and supporting local innovation.
The legislation includes significant funding such as $145 million for military construction projects in Indiana, $250 million for Joint Light Tactical Vehicles, and investments in artificial intelligence research at Trine University. Additional allocations target modernizing defense systems and enhancing the naval shipbuilding industry.
These provisions reflect a commitment to strengthen Indiana’s military infrastructure and support local industries, ensuring that service members have the necessary resources for national security, according to Senator Banks.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Jim Banks Net Worth
Quiver Quantitative estimates that Jim Banks is worth $3.4M, as of October 15th, 2025. This is the 207th highest net worth in Congress, per our live estimates.
Banks has approximately $86.9K invested in publicly traded assets which Quiver is able to track live.
You can track Jim Banks's net worth on Quiver Quantitative's politician page for Banks.
Jim Banks Bill Proposals
Here are some bills which have recently been proposed by Jim Banks:
- S.2992: A bill to repeal the Portable Fuel Container Safety Act of 2020 and the Children's Gasoline Burn Prevention Act, and for other purposes.
- S.2962: A bill to amend the Internal Revenue Code of 1986 to allow the deduction under section 199A to apply to qualified BDC interest dividends in the same manner as qualified REIT dividends.
- S.2961: A bill to direct the United States Postal Service to designate single, unique ZIP Codes for certain communities, and for other purposes.
- S.2955: A bill to amend title 18, United States Code, to establish Federal penalties for the knowing and intentional administration of any abortion-inducing drug to a woman without her informed consent, if the abortion-inducing drug has been shipped or transported in interstate commerce, and for other purposes.
- S.2821: American Tech Workforce Act of 2025
- S.2758: Freight RAILCAR Act of 2025
You can track bills proposed by Jim Banks on Quiver Quantitative's politician page for Banks.
Jim Banks Fundraising
Jim Banks recently disclosed $296.9K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 301st most from all Q2 reports we have seen this year. 78.7% came from individual donors.
Banks disclosed $448.5K of spending. This was the 100th most from all Q2 reports we have seen from politicians so far this year.
Banks disclosed $2.7M of cash on hand at the end of the filing period. This was the 106th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Jim Banks's fundraising on Quiver Quantitative.
