Providing for consideration of the bill (H.R. 8035) to amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978 through October 20, 2027, and for other purposes.
Summary
H.Res. 1175 was a procedural rule to bring H.R. 8035 (FISA extension) to the House floor. The rule failed on April 17, 2026, by a 197-228 vote. This is a procedural defeat with no direct market impact; the underlying FISA reauthorization bill stalled but no specific companies or sectors are affected by this resolution alone.
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Key Takeaways
- 1.Procedural rule failed; no market impact.
- 2.No funding or spending authorized.
- 3.No specific companies or sectors directly affected.
Market Implications
No market implications. This is a procedural legislative action with zero funding and no direct corporate impact. Investors should ignore this event for portfolio decisions.
Full Analysis
- What happened: H.Res. 1175 was a House resolution providing for floor consideration of H.R. 8035, which would extend FISA Title VII surveillance authorities through October 20, 2027. The rule failed on April 17, 2026, by a recorded vote of 197-228. A motion to reconsider was laid on the table without objection, effectively ending this path. 2) Money trail: This is a procedural resolution with zero funding authorization or appropriation. It does not allocate any money. The underlying bill (H.R. 8035) also does not authorize new spending—it extends existing surveillance authorities. 3) Winners and losers: No direct corporate winners or losers. FISA reauthorization primarily affects intelligence agencies and telecom companies that comply with surveillance orders, but this procedural failure does not change the legal status quo. 4) Market data: No real market data provided. 5) Timeline: The rule's failure means H.R. 8035 cannot be considered under this resolution. Leadership may bring a different rule or negotiate changes. The current FISA authorities remain in effect until their existing expiration date.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
A bill to amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978, and for other purposes.
To amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978 through October 20, 2027, and for other purposes.
To amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978 through April 30, 2026, and for other purposes.
A bill to amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978, and for other purposes.
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