To establish programs to improve bicycle and pedestrian infrastructure and incentivize the use of bicycles in transit, and for other purposes.

On May 26, 2026, Representative Mike Thompson (D-CA) introduced HR9041, a bill aimed at establishing programs to improve bicycle and pedestrian infrastructure and incentivize bicycle use in transit. The bill has been referred to the House Transportation and Infrastructure Committee and the Ways and Means Committee. With only 4 cosponsors and a first-term sponsor, the bill lacks the seniority and coalition to suggest rapid advancement. The bill authorizes programs — meaning it sets policy and spending ceilings — but does NOT appropriate any actual funds. Authorized programs must receive separate appropriations to become operational, a process that could take years or never occur. No dollar amounts are specified in the bill description or action history. The company most structurally positioned to benefit if the bill eventually becomes law and receives funding is Jacobs Solutions ($J), which provides engineering and design services for transportation infrastructure, including pedestrian and bicycle projects. However, at this stage, the link is purely speculative. Jacobs derives the majority of its revenue from large-scale infrastructure (roads, water, buildings), not bike lanes. The total addressable market for bike/pedestrian programs is small relative to Jacobs's $10.9B revenue. No real market data shows price movement related to this bill. The legislative path requires committee markups, floor votes in the House, companion legislation in the Senate, and eventual appropriations. Given the bill's early stage, sparse support, and lack of funding, the probability of any investor-relevant outcome in the next 12 months is negligible.