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H.R. 8030119th CongressIn committeeLatest action Mar 20, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
The DPA Transparency Act of 2026 bars officials and their families from benefiting from Defense Production Act deals and raises fraud penalties tenfold.
45-second read · 5 questions answered below
The bill amends the Defense Production Act of 1950 to bar companies from receiving government assistance if the President, Vice President, or Defense Production Act Committee members (or their spouses, children, or in-laws) own 20% or more of that company. It also raises maximum penalties for violations from $10,000 to $100,000 and requires the overseeing committee to create formal fraud detection and prevention procedures, including staff training and a designated fraud officer.
The bill affects government officials, their family members, and businesses seeking federal assistance during emergencies. It also affects federal agencies that administer the Defense Production Act.
The changes are designed to prevent conflicts of interest and insider dealing in how emergency production contracts are awarded, and to strengthen fraud oversight within the program.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Financial Services.