To expand the sharing of information with respect to suspected violations of intellectual property rights in trade.

HR4930, introduced in August 2025 by Rep. Moore (R-UT), has advanced rapidly through the House — referred to Ways and Means in August, marked up unanimously (40-0) in December, reported as amended, and passed the full House under suspension of the rules on April 27, 2026. The bill is placed on the Union Calendar and now awaits Senate consideration, where an identical companion bill (S2677) has been read twice and referred to the Finance Committee. Legislative momentum is high: unanimous committee vote, bipartisan suspension passage, and a Senate companion indicate strong cross-chamber support. The bill's core mechanism is straightforward: it expands the definition of 'person' with whom CBP may share information about suspected IP violations to include 'any other appropriate party with an interest in the imported merchandise.' This broadens the current law, which limits information sharing to trademark and copyright owners. The practical effect is to give online marketplaces — Amazon, eBay, Google Shopping — direct access to CBP's enforcement data, enabling faster removal of counterfeit listings and reducing the information asymmetry that counterfeit sellers exploit. There is no authorized funding in this bill — it is a procedural/information-sharing expansion, not a spending authorization. CBP's existing enforcement budget funds the operations; the bill imposes no new appropriations. The impact is on enforcement efficiency, not direct government spending. Winners: (1) $NKE as a major trademark holder gains better data for seizure requests. (2) $AMZN benefits most given its massive third-party marketplace where counterfeit risk is highest. (3) $EBAY and (4) benefit structurally but at lower magnitude — eBay's peer-to-peer model has different counterfeit dynamics, and Google Shopping's enforcement costs are smaller relative to its marketplace revenue. The Presidential action on April 20 regarding the Defense Production Act for petroleum has zero relevance to this IP enforcement bill. Real market data shows $AMZN at $259.70, near its 52-week high of $264.50, with a 30-day gain of +30.28% — strong momentum that this legislation supports structurally. $EBAY at $100.36 is off recent highs but up +14% over 30 days. at $349.78 is near its 52-week high ($353.18), up +27.5% over 30 days. $NKE at $45.03 is near its 52-week low ($42.09), down -12.34% over 30 days — making the IP protection tailwind potentially more impactful relative to its current valuation. Next steps: Senate Finance Committee must report S2677 (or the House-passed bill) to the full Senate. Given unanimous House support and a Republican sponsor with committee influence (Ways and Means committee on House side, Finance on Senate), passage in 2026 is probable but not certain before the 119th Congress ends in January 2027.