H.R. 7688 · On the floor · Government Operations and Politics

DPA Modernization Act of 2026

Sponsor: Warren Davidson (R-OH)

What it does

• Reauthorizes and modernizes the Defense Production Act of 1950, creating a Defense Production Act Committee and Fund manager to oversee industrial mobilization.
• Expands presidential authority to use DPA powers during national emergencies, natural disasters, and public health emergencies declared by the Secretary of Health and Human Services.
• Limits use of DPA powers to control civilian market distribution to 1 year, with presidential extensions up to 180 days upon congressional reporting.
• Increases monetary thresholds for civil penalties from $10,000 to $100,000 and raises maximum loan guarantee commitments from $50 million to $100 million per project.
• Establishes a new Title IV creating a prohibition and notification regime for investments in covered national security transactions.

Latest action

Apr 15, 2026: Placed on the Union Calendar, Calendar No. 529.

Committee: House Financial Services