The "Congressional Office for International Leadership Accountability and Reform Act of 2026" establishes a new charter for the Congressional Office for International Leadership (COIL) within the legislative branch. The primary purpose of the Office is to support Congress in a nonpartisan manner by fostering connections and facilitating direct dialogue between Members of Congress and emerging political, civic, and professional leaders from eligible foreign states. This is achieved through exchange programs and grassroots diplomacy , aiming to build lasting relationships and discuss American foreign policy and key issues. The Office will be overseen by a 12-member Board of Trustees , comprising bipartisan congressional members from both chambers, the chairs and ranking members of relevant House and Senate committees, and four private individuals. An Executive Director , appointed by House and Senate leadership based on recommendations from committee leaders, will serve a renewable six-year term as the chief executive officer, ensuring nonpartisan operation. The Board is also responsible for designating and removing "eligible foreign states" for participation in the Office's programs. A key provision is the establishment of a grant program , enabling COIL to award funds to U.S. government or community organizations to host up to 3,500 foreign leaders annually for stays not exceeding 30 days. These grants cover travel, lodging, and administrative expenses, with a detailed application and reporting process. The bill also creates the Congressional Office for International Leadership Fund in the Treasury to manage appropriations and donations. Furthermore, it mandates annual audited financial statements by an independent external auditor, subject to review by the Government Accountability Office, ensuring robust financial oversight and transparency.