billS1135Event Thursday, July 23, 2026Analyzed

A bill to amend the National Trails System Act to direct the Secretary of the Interior to conduct a study on the feasibility of designating the Bonneville Shoreline Trail.

Neutral

Summary

S.1135 directs a feasibility study for designating the Bonneville Shoreline Trail under the National Trails System Act. It authorizes no spending and creates no revenue streams for public companies. The bill has been placed on the Senate Legislative Calendar but remains purely procedural with zero market impact.

See which stocks are affected

Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.

Already have an account? Log in

Key Takeaways

  • 1.S.1135 is a feasibility study with zero authorized or appropriated funding.
  • 2.No public company faces any revenue or cost impact from this legislation.
  • 3.The bill's status (calendar) indicates final passage is possible but market-irrelevant.

Market Implications

No market implications. No tickers impacted. The bill does not move any sector or company's expected revenue.

Full Analysis

S.1135, introduced by Senator Curtis (R-UT) in March 2025, seeks to amend the National Trails System Act to order the Secretary of the Interior to study the feasibility of designating the 280-mile Bonneville Shoreline Trail. The bill has progressed through committee, hearing, and a favorable report, and was placed on the Senate Legislative Calendar (Calendar No. 473) on July 23, 2026. No funding is authorized, and no contracts are created. The bill is a classic low-impact land-use study directive with no appropriation attached. It does not affect any existing infrastructure, procurement, or regulatory framework. No ticker passes the causal chain gate because there is no economic mechanism linking this study to any publicly traded company's revenue or costs. The analysis is straightforward: this is a procedural environmental study bill with zero near-term market relevance.

Key Legislators

Sen. Curtis, John R. [R-UT]

Related Presidential Actions

Executive orders & memoranda affecting the same sectors or companies

Exec OrderAug 26, 2026

Declaring a National Emergency to Secure the United States Bulk-Power System

This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.

presidential_memorandumAug 20, 2026

The National Space Transportation Policy

This memorandum directs multiple agencies to expand and modernize U.S. space launch and reentry infrastructure to support over 1,000 launches annually by 2030, expedite permitting and environmental reviews, develop new federal reentry sites, and strengthen the space transportation industrial base. It mandates range scheduling transparency, spectrum reliability, and workforce development, with specific reports and plans due within 90 to 240 days.

proclamationAug 13, 2026

Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States

This proclamation imposes a 100% ad valorem tariff on imports of unmanned aircraft systems (UAS) over 25 kg, those with thermal imagers, docking stations, and certain components, and a 25% tariff on UAS under 25 kg and other components, citing national security under Section 232 of the Trade Expansion Act. It also authorizes the Department of Commerce to establish an onshoring program offering preferential tariff treatment for companies that build new U.S. manufacturing facilities for UAS and components.

Free — no credit card

Get the next market-moving signal before the news does

HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.

Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.

Free forever plan · No credit card · Unsubscribe in one click

Want the live terminal too? Create a free account →