SMASH 2.0 Act
Summary
HR10233, the 'SMASH 2.0 Act', was introduced and referred to the House Committee on Energy and Commerce on 2026-09-02. There is no publicly available bill text, no funding amount authorized, and no specific mechanism defined. At this early stage with minimal bipartisan cosponsorship, it has zero measurable market impact and no actionable ticker signal.
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.No market impact from HR10233 until bill text is released.
- 2.No funding authorized; bill is in earliest procedural stage.
- 3.No ticker-level analysis possible—do not act on this bill.
Market Implications
No market implications: no bill text, no funding, no specific mechanism, no tickers affected. Investors should not adjust positions based on this introduction.
Full Analysis
What happened: On 2026-09-02, Rep. Joe Neguse (D-CO-2) introduced HR10233, the 'SMASH 2.0 Act', which was referred to the House Committee on Energy and Commerce. The bill has one cosponsor, Rep. Andrew Garbarino (R-NY-2), and no committee hearings or markups have occurred. The bill title suggests an energy or technology focus, but without text, its specific provisions remain unknown.
The money trail: No funding amount is specified in the available data. As a bill at the referred-to-committee stage, it authorizes nothing and appropriates nothing. Any substantive market effect requires passage of text, committee markup, floor votes, and eventual authorization—none of which are scheduled.
Convergence: No related bills, procurement, or presidential actions were provided for convergence analysis. The bill stands procedurally isolated.
Structural winners and losers: Unknown until bill text emerges. No ticker-level analysis can be performed.
Timeline: The bill will next need a hearing and markup in the Energy and Commerce Committee. With the 119th Congress running through January 2027, time is available but legislative momentum is absent at this stage.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
MACRO OVERRIDE: US-Iran Escalation
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
MACRO OVERRIDE: U.S.-Iran Military Escalation
MACRO OVERRIDE: Trump's Venezuela Oil Deal
PANTEXAS DETERRENCE, LLC: $3.5B Department of Energy Contract
FERMI FORWARD DISCOVERY GROUP, LLC: $2.4B Department of Energy Contract
HANFORD TANK WASTE OPERATIONS & CLOSURE, LLC: $1.5B Department of Energy Contract
FERMI FORWARD DISCOVERY GROUP, LLC: $2.4B Department of Energy Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Declaring a National Emergency to Secure the United States Bulk-Power System
This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.
Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States
This proclamation imposes a 100% ad valorem tariff on imports of unmanned aircraft systems (UAS) over 25 kg, those with thermal imagers, docking stations, and certain components, and a 25% tariff on UAS under 25 kg and other components, citing national security under Section 232 of the Trade Expansion Act. It also authorizes the Department of Commerce to establish an onshoring program offering preferential tariff treatment for companies that build new U.S. manufacturing facilities for UAS and components.
Adjusting Imports of Polysilicon and its Derivatives into the United States
This proclamation invokes Section 232 of the Trade Expansion Act to impose a minimum import price (MIP) program on polysilicon and its derivatives, a 15% ad valorem tariff on polysilicon derivatives, and directs the Secretary of Commerce to offer incentives for domestic production. It aims to protect and revive the U.S. polysilicon industry by restricting imports that threaten national security, particularly for semiconductor and solar supply chains.
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 →