Building Community in America Act
Summary
HR9766, the Building Community in America Act, is an early-stage bill that amends the National and Community Service Act of 1990 to prioritize recruitment of underrepresented populations in service programs. It authorizes no specific funding and is referred to committee, with no near-term market impact.
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Key Takeaways
- 1.HR9766 is a procedural bill with no funding authorization, making it irrelevant for near-term investment decisions.
- 2.The bill is in early committee stage with no companion bill progress, indicating low probability of enactment this Congress.
- 3.No public companies are directly affected as the bill only adjusts priorities for existing national service programs.
Market Implications
No market implications. The bill does not affect any publicly traded company's revenue, costs, or competitive position. It is a non-binding policy statement with no financial mechanism.
Full Analysis
The Building Community in America Act (HR9766) was introduced on July 16, 2026, by Rep. Adam Smith (D-WA-9) and referred to the House Committee on Education and Workforce. It is in the earliest legislative stage with no committee action or hearings. The bill amends existing law to add a priority for programs that recruit and train underrepresented participants, including men, for activities like youth coaching, disaster response, and conservation corps. It does not authorize any specific dollar amount; it is a policy directive to the Corporation for National and Community Service. No companion bill has advanced in the Senate. The bill has no direct market implications as it does not create contracts, tax credits, or procurement programs. It is a procedural authorization amendment with zero near-term revenue impact for any public company. The legislative path requires committee markup, House passage, Senate action, and presidential signature—all unlikely in the current session given the late date and lack of momentum.
Key Legislators
Connected Signals
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Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Streamlining Access to Government Services Through America.gov
The executive order directs the General Services Administration to create America.gov, a unified digital portal for federal services, integrating Login.gov for authentication and requiring agencies to expose their digital services via APIs. It also mandates the use of AI (referred to as 'super intelligence') with transparency safeguards, while preserving existing service channels and excluding tax and defense/intelligence services.
Enhancing Program Integrity and Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program
This executive order directs the Secretaries of State, Labor, and Homeland Security to coordinate with Commerce, Education, and the SBA when processing H-1B petitions, and requires them to consider whether the employer has engaged in layoffs of similarly situated U.S. workers within the past year. It also orders the Labor Department to review past labor condition applications for potential enforcement actions against sponsoring employers, effectively tightening scrutiny on H-1B usage, especially by outsourcing firms.
Restriction on Entry of Certain Nonimmigrant Workers
This proclamation extends for an additional 12 months the existing restriction on entry of H-1B nonimmigrant workers, which requires a $100,000 payment per petition (with limited exceptions) and is supported by a DHS weighted selection process that prioritizes higher-skilled, higher-paid workers. The action continues to target IT staffing and outsourcing firms that have abused the program, and it maintains the requirement for ongoing rulemakings by DHS and DOL to further reform wage protections and program integrity.
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