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HR9821, the Shared Values Act, is an early-stage bill referred to 21 committees with no cosponsors. The only substantive provision visible is a reauthorization of the Farmers' Markets and Local Food Promotion Program, doubling its authorization from $50M to $100M for FY2027 onward. The bill has no near-term market impact due to its procedural status and lack of momentum.
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No market implications. The bill is too early-stage and lacks substantive provisions affecting publicly traded companies.
HR9821 was introduced on July 21, 2026, by Rep. Underwood (D-IL) and referred to 21 committees—an unusually broad referral that signals the bill's title is aspirational rather than descriptive. The actual bill text focuses on reauthorizing the Farmers' Markets and Local Food Promotion Program under the Agricultural Marketing Act, increasing authorized funding from $50M to $100M for fiscal years 2027 and beyond, with 30% reserved for new farmers' markets. This is an authorization, not an appropriation; actual spending requires a separate appropriations bill. The bill has zero cosponsors and no committee action beyond referral. The legislative path is extremely uncertain given the 21-committee referral, which effectively stalls progress until the Speaker determines a primary committee. No presidential actions relate to this bill. No market-moving provisions exist.
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Executive orders & memoranda affecting the same sectors or companies
This executive order revokes Executive Order 13508, which had mandated Chesapeake Bay restoration efforts, and directs federal agencies to prioritize funding for direct, on-the-ground water quality projects. It also instructs the EPA to work with states to assess and encourage the repeal of stormwater management fees (rain taxes) that have burdened residents, aiming to reduce costs while maintaining environmental progress.
President Trump, invoking Section 338 of the Tariff Act of 1930, orders an import ban on certain Canadian alcoholic beverages effective September 29, 2026, escalating previous 50% ad valorem duties. This action targets Canadian discrimination against U.S. alcoholic beverages, citing Canada's broken commitments and additional retaliation. The ban replaces the tariff for specified products with a complete exclusion from entry into the United States.
This proclamation modifies the list of Canadian products subject to a 50% ad valorem additional duty originally imposed under Proclamation 11046, effective September 15, 2026. It adds certain products to the duty (Annex I, Part A) and removes others (Annex I, Part B), based on recommendations from senior executive branch officials to better serve the public interest while still offsetting Canadian discrimination against U.S. alcoholic beverages. The action directs U.S. Customs and Border Protection to implement the changes and maintains that the duties are in addition to any existing section 232 duties.
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