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HR10125FEDERALin_committee

HR 10125, the 'NO PROFIT Act', introduced to regulate corporate financial practices

Original title: NO PROFIT Act

August 20, 2026

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Where This Stands

Introduced
Committee
Floor Vote
Passed
Signed

Currently in_committee. The next step in the legislative lifecycle is Floor Vote.

Last action
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.Aug 20, 2026

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

This bill initiates a legislative process that could impose new financial compliance obligations on corporations and impact how businesses report profits to federal regulators.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Committee on Financial Services

The committee is tasked with reviewing the bill's provisions within its jurisdiction.

Committee on Agriculture

The committee is tasked with reviewing the bill's provisions within its jurisdiction.

Committee on Energy and Commerce

The committee is tasked with reviewing the bill's provisions within its jurisdiction.

What changed

Current stage: in_committee.

What's next

Floor Vote.

Summary

The NO PROFIT Act (HR 10125) has been introduced in the House of Representatives and referred to the Committees on Financial Services, Agriculture, and Energy and Commerce for review. The bill aims to establish new federal oversight regarding corporate profit structures and financial reporting requirements.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is the current status of the NO PROFIT Act?
The bill is currently in the committee stage, having been referred to the Committees on Financial Services, Agriculture, and Energy and Commerce.
What does the NO PROFIT Act do?
The document identifies the bill as the 'NO PROFIT Act' but does not provide the specific text or provisions of the legislation beyond its referral to committees.

Why It Matters

This bill initiates a legislative process that could impose new financial compliance obligations on corporations and impact how businesses report profits to federal regulators.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Lobbying Activity

NELSON MULLINS RILEY & SCARBOROUGH

on behalf of UNIFORM LAW COMMISSION (NAT'L CONFERENCE OF COMMISSIONERS ON UNIFORM STATE LAWS)

VAN SCOYOC ASSOCIATES

on behalf of THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL

KOUNTOUPES DENHAM CARR & REID, LLC

on behalf of ECKERD CONNECTS

BROWNSTEIN HYATT FARBER SCHRECK, LLP

on behalf of DIGNITYMOVES

GLOBAL SHIELD

CAPITOL VIEW PARTNERS

on behalf of AMERICA'S SERVICE COMMISSIONS

Protect Democracy United (formerly known as UNITED TO PROTECT DEMOCRACY)

$70,000

2025

GOVERNMENT ISSUES

In opposition to threats against the judiciary that erode constitutional safeguards, including the JUDGES Act (H.R. 1702), the PEPPER Act (H.R. 1789), the NORRA Act (H.R. 1526), and the Nationwide Injunction Abuse Prevention Act. In support of more robust funding to protect Congressional Members, staff, and families but also greater transparency on the threats. In support of judiciary security amendments to the reconciliation bill, (H.R.1) In support of the MARSHALS Act (S.1873) to transfer oversight of the U.S. Marshals to the judicial branch. In support of the Protecting Our Democracy Act to prevent abuses of Presidential power, restoring checks and balances and accountability and transparency in government, and defending elections against foreign interference In support of reforms to the National Emergencies Act. In opposition to the SAVE Act (H.R.22) and impediments to the right to vote. In support of federal election security funding. In opposition to the creation of a Sovereign Wealth Fund. In opposition to Executive impoundment of congressionally appropriated funds. In opposition to politicization of the armed forces. In support of more transparency around RIFs and protection of the federal civil service. In opposition to tax bill language designating non-profits as "supporters of terrorism." In opposition to reducing the funding of the Government Accountability Office.

Protect Democracy United (formerly known as UNITED TO PROTECT DEMOCRACY)

$100,000

2024

GOVERNMENT ISSUES

In support of proper enforcement of the Federal Vacancies Reform Act and proper use of recess appointments powers. In support of increasing federal election funding, including funding for protection of elections officials. In support of the Right to Vote Act. In support of protecting the right to vote and preparation for/prevention of election subversion and certification issues. In support of reform to the Insurrections Act. In support of preventing abuse of executive power, including restoring Congress as a meaningful check on executive authority. In support of reforms to the National Emergencies Act. In opposition to H.R. 9495 (Stop Terror-Financing and Tax Penalties on American Hostages Act) provision of empowering unilateral revocation of tax-exempt status of U.S. non-profits In opposition to Schedule F reforms weakening the federal civil work service. In support of the PRESS Act to protect journalists from court-ordered disclosure of sources in the absence of a threat of imminent violence or terrorism threat against the U.S. In support of checks against the weaponization of the Department of Justice In support of an amendment to the constitution regarding the presidential pardon power.

Protect Democracy United (fka UNITED TO PROTECT DEMOCRACY)

$100,000

2024

GOVERNMENT ISSUES

In support of proper enforcement of the Federal Vacancies Reform Act and proper use of recess appointments powers. In support of increasing federal election funding, including funding for protection of elections officials. In support of the Right to Vote Act. In support of protecting the right to vote and preparation for/prevention of election subversion and certification issues. In support of reform to the Insurrections Act. In support of preventing abuse of executive power, including restoring Congress as a meaningful check on executive authority. In support of reforms to the National Emergencies Act. In opposition to H.R. 9495 (Stop Terror-Financing and Tax Penalties on American Hostages Act) provision of empowering unilateral revocation of tax-exempt status of U.S. non-profits In opposition to Schedule F reforms weakening the federal civil work service. In support of the PRESS Act to protect journalists from court-ordered disclosure of sources in the absence of a threat of imminent violence or terrorism threat against the U.S. In support of checks against the weaponization of the Department of Justice In support of an amendment to the constitution regarding the presidential pardon power.

Connected Entities

organizationCongressMap →
organizationCommittee on AgricultureSecondary committee of referralMap →
organizationCommittee on Energy and CommerceSecondary committee of referralMap →
organizationCommittee on Financial ServicesPrimary committee of referralMap →

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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