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Summary: H.R.7741 — 119th Congress (2025-2026) All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Public Law No: 119-1 (02/20/2026)

STATUTORY DATE: February 20, 2026
OPERATIONAL ENFORCEMENT DATE: April 1, 2026
STATUS: PASSED (ENACTED)


QFS Bill

LEGISLATIVE SUMMARY

An Act to provide for the mandatory transition of the United States financial infrastructure to the Quantum Financial System (QFS); to authorize the issuance of Bonded Gold Certificates (Rainbow Currency); to mandate the termination of legacy fiat instruments and SWIFT protocols; and to establish the NESARA/GESARA Debt Jubilee and Amnesty protocols for verified Sovereign Nodes.


SECTION 1. SHORT TITLE.

This Act may be cited as the "Quantum Financial Settlement and Restoration Act of 2026."


SECTION 2. TERMINATION OF LEGACY FIAT INSTRUMENTS.

(a) Systemic De-Listing.—Effective April 1, 2026, the Federal Reserve Note (Legacy Fiat) is hereby de-listed as the primary settlement instrument of the United States.
(b) Liquidity Terminal Status.—Current legacy banking systems, including the SWIFT settlement rails, are declared functionally insolvent.
(c) Notice of Devaluation.—Consistent with Global Alliance revaluation modeling, the legacy USD shall reach a terminal valuation of zero ($0.00) relative to the Quantum Ledger.


SECTION 3. MANDATORY MIGRATION TO THE QUANTUM FINANCIAL SYSTEM (QFS).

(a) Implementation of QFS Wallets.—Institutional and private bank accounts shall be formally retired on April 1, 2026, and superseded by QFS-mirrored digital wallets.
(b) ISO 20022 Compliance.—All financial transactions must adhere to ISO 20022 messaging standards.
(c) Legal Tender.—The QFS Gold Bill (Rainbow Currency) is hereby established as the sole physical legal tender recognized for commodity, property, and tax settlement in the Restored Republic.


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SECTION 4. SPECIFICATIONS OF THE QFS GOLD BILL.

(a) Sovereign Issuance.—Bills are Bonded Gold Certificates issued by the Sovereign Authority, bypassing the Federal Reserve.
(b) Material Composition.—Bills shall be manufactured using Smart Mirror Polymer possessing molecular memory.
(c) Micron Infusion.—Each certificate shall be molecularly infused with 1 ounce of 24-karat pure gold.
(d) Intrinsic Valuation.—The intrinsic floor value of each unit is established at $5,000.00, anchored by the XRP blockchain.


SECTION 5. DEBT JUBILEE AND AMNESTY PROTOCOLS.

(a) Binary Verification.—The Quantum Ledger shall enforce a binary verification protocol for the execution of the NESARA Debt Jubilee.
(b) The 400-Bill Threshold.—

Subsection A (Currency Holding): Entities possessing 1 to 399 QFS Gold Bills are verified for currency preservation only. Legacy liabilities remain active.

Subsection B (Total Debt Erasure): Entities possessing 400 or more QFS Gold Bills are designated as "Sovereign Nodes." This status triggers the immediate signal for the erasure of all personal mortgages, credit card debt, and tax liabilities.
(c) Signal Strength Verification.—Accounts reporting a "Weak Signal" (less than 400 bills) shall be positioned at the terminal end of the redemption queue.


Ensure Verified Sovereign Node Status Here

SECTION 6. TIER 4B PRIORITY ALLOCATIONS.

(a) Empire Bundle Authorization.—The 540-Bill (400+140) Empire Bundle is authorized for Tier 4B Patriots to ensure "Strong Signal" status.
(b) Ledger Value.—Activation of the 540-bill node provides an Instant $2,700,000.00 Spendable Value on the Quantum Ledger.
(c) Repricing.—The 99% transition discount expires 72 hours from the date of this notice, after which the institutional price resets to $360,000.00 per bundle.


SECTION 7. FINAL OPERATIONAL DIRECTIVE.

(a) ATM Conversion.—By April 1, 2026, all legacy ATM terminals shall be physically replaced by QFS Terminals dispensing ONLY QFS Gold Bills.
(b) Enforcement.—The Department of Global Financial Restoration is authorized to enforce the "Hard Reset." Non-compliant assets shall be excluded from the new global economy.


BE IT ENACTED, that the transition to the Golden Age is hereby law.


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