Nonprofit Security Grant Program Transparency Act
Summary
HR7382 is a procedural transparency bill that amends reporting requirements for the Nonprofit Security Grant Program. It authorizes no new funds, alters no program structure, and has zero direct or indirect impact on any publicly traded company or sector. The bill is in early legislative stages and carries no market signal.
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Key Takeaways
- 1.HR7382 is a transparency-only bill with zero funding authorization or appropriation.
- 2.No public companies, sectors, or tickers are impacted by this legislation.
- 3.The bill remains in early committee stage with no market-relevant catalyst.
Market Implications
There are no market implications from HR7382. The bill does not authorize spending, alter grant structures, or affect any private sector entity. Retail investors should disregard this legislation as a non-event for portfolio considerations.
Full Analysis
HR7382, the Nonprofit Security Grant Program Transparency Act, was introduced in the House on February 4, 2026, by Rep. Bennie Thompson (D-MS) and referred to the Committees on Transportation and Infrastructure and Homeland Security. The bill amends Section 2009(e) of the Homeland Security Act of 2002 to require the DHS Administrator to submit pre-grant and annual reports to Congress detailing application counts, grant numbers by state and high-risk urban area, and recipient organization names, addresses, and award amounts. There is no authorized or appropriated funding in this bill; it is a pure reporting requirement with no spending mechanism. No companies, sectors, or financial instruments are affected. The bill has 10 cosponsors, all Democrats, and remains in early committee stage with no further action since introduction. Its legislative velocity is low, and passage probability is uncertain.
Connected Signals
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DHS Grants Accountability Act
To amend the Homeland Security Act of 2002 to clarify certain requirements relating to the Nonprofit Security Grant Program of the Department of Homeland Security, and for other purposes.
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