HR 8312 · Passed House · 06-11-26
Fraud Prevention and Accountability Act
What does the Fraud Prevention and Accountability Act do?
HR 8312 is a House bill sponsored by Rep. Pete Sessions (R-TX). Stands up a new permanent, Senate-confirmed Inspector General for Fraud, Accountability, and Recovery inside the Treasury, gives the Treasury's Fiscal Service a governmentwide fraud-data analysis role, and folds in the pandemic-era oversight committee's assets.
Did HR 8312 pass? Where it stands
As of July 17, 2026, HR 8312 has passed the House.
Status: Passed House
Latest vote: House Passed by voice vote on June 11, 2026
Outlook: Unlikely
Key provisions
- New Governmentwide Fraud Inspector General
- Creates a permanent IG for Fraud, Accountability, and Recovery in the Treasury
- Presidential appointment with Senate confirmation; oversight of "covered funds"
- $10M authorized annually beginning in fiscal year 2035
- Treasury Fiscal Service Fraud Role
- Bureau of the Fiscal Service runs the Do Not Pay system and a governmentwide data-analysis program
- Makes the DATA Act analysis center mandatory ('may' becomes 'shall')
- Functions explicitly exclude any investigative or law-enforcement role
- Pandemic Oversight Wound Down Into the New Office
- Ends the Pandemic Response Accountability Committee on December 31, 2028 (moved up from 2034)
- Transfers PRAC's assets, data, and staff to the new office
- Treasury must flag fraud risks in any relief bill over $100B or new program over $100M
Last updated June 15, 2026