billHR8352Event Wednesday, May 13, 2026Analyzed

Criminal History Access Act of 2026

Neutral

Summary

H.R. 8352 is a narrowly procedural bill authorizing peace officer standards and training agencies to access FBI criminal history records. No new funding or market creation. Minimal near-term 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.H.R. 8352 is a procedural data-sharing authorization with zero new funding—no direct market signal.
  • 2.The bill's narrow scope affects only state-level law enforcement certification agencies, not public companies.
  • 3.Legislative momentum is low in the Senate; no companion bill exists.

Market Implications

This bill has no measurable market implications. It does not authorize spending, mandate procurement, or alter regulatory landscapes for public companies. The background check technology sector is already mature and this bill does not create incremental revenue streams. Investors should ignore this signal entirely.

Full Analysis

H.R. 8352, the Criminal History Access Act of 2026, was introduced by Rep. Schmidt (R-KS) in the House on April 16, 2026, and received in the Senate on May 13, 2026, where it was read twice and referred to the Committee on the Judiciary. The bill amends 28 U.S.C. § 534 to explicitly include 'peace officer standards and training agencies' (state-level entities that certify law enforcement officers) among authorized recipients of FBI criminal history record information. The bill authorizes no new spending — it is a data-sharing clarification, not an appropriations measure. The sole cosponsor, Rep. Ross (D-NC), provides bipartisan cover but the bill remains in early legislative stages (Senate committee referral). No companion bill is present. The legislative velocity is moderate: the House passed it under suspension of the rules within a month, suggesting bipartisan support, but Senate action is uncertain. For retail investors, this bill carries no direct revenue impact for any publicly traded company. The nearest adjacent market — background check technology and identity verification firms — may see incremental demand if POST agencies upgrade systems to handle FBI record queries, but the bill mandates no new procurement or technology standards. Structural winners would be private data integration vendors, but they are either private or only tangentially connected (e.g., $SHLO, $HURN — both niche). Given the lack of appropriations or mandate, the signal is effectively noise. No tickers pass the causal chain gate because the mechanism requires multiple inference steps for any public company and confidence would be below the 0.65 threshold.

Key Legislators

Rep. Schmidt, Derek [R-KS-2]

Related Presidential Actions

Executive orders & memoranda affecting the same sectors or companies

Exec OrderJun 25, 2026

Advancing Regenerative Agriculture and Strengthening American Farm Resilience

This executive order directs the EPA, USDA, and HHS to prioritize registration of alternative pesticides, expedite cumulative exposure research, and maximize funding for a regenerative agriculture pilot program, while creating public-private partnerships to expand adoption of conservation farming practices. The order specifically instructs the EPA Administrator to speed up registration actions for substances that can replace older active ingredients, and requires HHS to issue a grand prize challenge for cumulative chemical exposure evaluation technologies.

Exec OrderJun 22, 2026

Ushering in the Next Frontier of Quantum Innovation

This executive order updates the National Quantum Strategy and establishes a national effort (QC-ADDS) to develop a quantum computer for scientific discovery, with deployment at a Department of Energy facility. It directs multiple agencies to prioritize quantum sensing, networking, and supply chain initiatives, and mandates plans for commercial readiness and national security applications.

Exec OrderJun 22, 2026

Securing the Nation Against Advanced Cryptographic Attacks

This executive order mandates a nationwide transition of federal information systems and critical infrastructure to post-quantum cryptography (PQC) by specific deadlines (2030 for key establishment, 2031 for digital signatures), directs NIST to lead technical guidance and a pilot project, requires agencies to appoint PQC migration leads, and orders the Federal Acquisition Regulatory Council to propose rules requiring contractors to comply with NIST PQC standards by 2030.

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 →