SHARE Act of 2025
Summary
The SHARE Act of 2025 (HR2332) is a procedural bill authorizing FBI criminal history background checks for state licensing authorities under interstate compacts. It was ordered to be reported out of committee unanimously (33-0) on 2026-06-25 and now awaits floor action in the House. The bill authorizes zero funding and creates no new market-moving mandates, incentives, or penalties for any publicly traded company.
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.HR2332 is a government operations bill with zero funding, no private-sector impact.
- 2.Unanimous committee vote and Senate companion suggest moderate passage probability but no market event.
- 3.No publicly traded company is directly affected; retail investors should not adjust portfolios based on this bill.
Market Implications
No market implications. The SHARE Act does not authorize spending, create tax incentives, impose compliance costs on private industry, or open procurement contracts. It is a federal-state information-sharing mechanism for occupational licensing. Retail investors should ignore this signal.
Full Analysis
-
What happened: On 2026-06-25, the House Education and Workforce and Judiciary committees voted 33-0 to report HR2332 (SHARE Act) as amended. The bill amends subtitle E of title VI of the Intelligence Reform and Terrorism Prevention Act of 2004 to require the FBI to share criminal history record information with state licensing authorities that are party to an interstate compact, for the sole purpose of conducting background checks on individuals seeking occupational or professional licenses across state lines. The bill has one related Senate companion (S1101). It has not yet passed the House or Senate.
-
Money trail: The bill authorizes zero federal funding. It imposes a procedural requirement on the FBI to share data, not to spend money. No new grants, tax credits, or procurement contracts are created. The economic impact is administrative, not market-directed.
-
Convergence: No related signals, procurement actions, or presidential actions are present in the provided data. There is no convergence to analyze.
-
Structural winners and losers: The bill has no identifiable market impact on any publicly traded company. It affects state licensing authorities and the FBI — not private-sector contractors or commercial enterprises. No ticker can be assigned with confidence above 0.65.
-
Timeline: The bill must pass the full House and Senate, then be presented to the President. Given the unanimous committee vote and companion Senate bill (S1101), passage is plausible but no floor votes are scheduled. The process is in early-late stage: post-committee, pre-floor.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
A bill to amend chapters 83 and 84 of title 5, United States Code, to authorize an increase of the retirement age for members of the Capitol Police.
Unfunded Mandates Accountability and Transparency Act of 2025
Prove It Act
To designate the facility of the United States Postal Service located at 6444 San Fernando Road in Glendale, California, as the "Paul Ignatius Post Office".
District of Columbia Home Rule Improvement Act of 2025
ZOMBIE Act
VOTE Act
ACUITY-CHS, LLC: $25.5M Department of Homeland Security Contract
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 →