S. 1318
Fallen Servicemembers Religious Heritage Restoration Act
Sponsor: Jerry Moran
Official summary
Written by the Congressional Research Service.
Foreign Intelligence Accountability Act and the Anti-CBDC Surveillance State Act
This bill reauthorizes Title VII of the Foreign Intelligence Surveillance Act (FISA) until April 30, 2029, and expands protections related to surveillance under Section 702 of FISA. It also prohibits a Federal Reserve bank from offering financial products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (CBDC).
Section 702 of FISA concerns acquiring communications of non-U.S. persons believed to be outside the United States to obtain foreign intelligence information. Information about U.S. persons may incidentally be acquired by this type of surveillance and subsequently queried (searched) under certain circumstances.
Changes to Section 702 include requiring monthly reviews by the Office of the Director of National Intelligence (ODNI) for each U.S. person query conducted by the Federal Bureau of Investigation (FBI). ODNI must refer queries that do not comply with established standards, as well as possible abuses of civil liberties or privacy, to the Office of the Intelligence Community Inspector General.
The bill institutes criminal penalties for (1) those who knowingly and willingly falsify or materially misrepresent complying with querying procedures, and (2) FBI personnel who knowingly and willingly violate procedures related to U.S. person queries.
FBI supervisors may no longer approve U.S. person queries; only certain FBI attorneys may do so.
The Federal Reserve System's Board of Governors may not use a CBDC to implement monetary policy or test, study, create, or implement a CBDC, with certain exceptions.
Text of the bill
I Foreign Intelligence Accountability Act
II Anti-CBDC Surveillance State Act
Where this section came from
Not in the first version (Introduced in Senate, Apr 7, 2025).
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Apr 29, 2026 · Engrossed Amendment House H.Amdt. 178: Pursuant to the provisions of H.Res. 1224, the amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-27, modified by the amendment printed in Part C of the report is considered adopted. Official page › H.Res. 1224: On Ordering the Previous Question — Passed, 215–210 · Roll Call 140 H.Res. 1224: On Agreeing to the Resolution — Passed, 216–210 · Roll Call 141 On Passage — Passed, 235–191 · Roll Call 142
What does "considered adopted" mean?
When a chamber approves a rule that says a change is "considered adopted", the change becomes part of the bill as soon as the rule passes, without a separate vote on the change itself.
Section 16 of the Federal Reserve Act (12 U.S.C. 411 et seq.), as amended by section 2, is further amended by adding at the end the following paragraph:
(19)
(A) A Federal reserve bank may not offer a central bank digital currency, or any digital asset that is substantially similar under any other name or label, indirectly to an individual through a financial institution or other intermediary.
(B) In this paragraph, the term central bank digital currency has the meaning given that term under section 10(11)(D).