RECOUP Act of 2026
Summary
The RECOUP Act of 2026 (HR8223) is an early-stage bill requiring DHS to reimburse state and local first responders for costs incurred when responding to ICE or CBP immigration enforcement requests. It has been referred to three committees and subcommittees, with no specific funding amount authorized. The bill is procedural and unlikely to have 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.Bill is in early legislative stage with no funding authorized
- 2.No direct impact on publicly traded companies
- 3.Unlikely to move markets in near term
Market Implications
No market implications. The bill does not affect any publicly traded company's revenue or costs. Investors should monitor if the bill advances to committee markup, which could introduce specific funding or contracting provisions.
Full Analysis
The RECOUP Act of 2026 was introduced by Rep. Min (D-CA) on April 9, 2026, and referred to the Committees on the Judiciary, Homeland Security, and Ways and Means, then to subcommittees on Border Security and Oversight. It is in an early legislative stage with no scheduled hearings or markup. The bill mandates DHS to reimburse first responder agencies for costs from responding to federal immigration enforcement requests, but it does not authorize or appropriate any specific dollar amount. The money trail is unclear—reimbursement would come from existing DHS appropriations or require future funding. No public companies are directly affected, as the bill targets government agencies, not contractors. The legislative path is long: it must pass through three committees, the House, Senate, and be signed into law. Given its early stage and lack of funding, market impact is minimal.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
SLS FEDERAL SERVICES LLC: $1.3B Department of Homeland Security Contract
HANFORD TANK WASTE OPERATIONS & CLOSURE, LLC: $1.5B Department of Energy Contract
FISHER SAND & GRAVEL CO: $2.6B Department of Homeland Security Contract
SPENCER CONSTRUCTION LLC: $1.1B Department of Homeland Security Contract
FISHER SAND & GRAVEL CO: $2.8B Department of Homeland Security Contract
SOUTHWEST VALLEY CONSTRUCTORS CO: $1.7B Department of Homeland Security Contract
AMI METALS, INC: $1.5B Department of Homeland Security Contract
CLARK CONSTRUCTION GROUP LLC: $581M General Services Administration Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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.
National Security Presidential Memorandum/NSPM-12
This memorandum rescinds previous national security directives and re-establishes the Committee on National Security Systems (CNSS) to enforce baseline cybersecurity standards across all National Security Systems (NSS) operated by the Department of War, Intelligence Community, and Federal Civilian Executive Branch agencies. It creates binding directives and complementary standards that must meet or exceed NIST guidelines, empowers the NSA Director as the National Manager to issue emergency directives and cryptography requirements, and holds agency heads accountable through government-wide oversight.
Implementing Schedule Policy/Career in the Excepted Service
This executive order expands the Schedule Policy/Career excepted service category, transferring certain federal positions from competitive service to at-will employment to facilitate removal for poor performance or misconduct. It directs agency heads to petition for reclassification of policy-influencing roles, mandates performance bonus pools for these employees, and amends civil service rules to exempt them from standard adverse action procedures.
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 →