Streamlining Federal Grants Act of 2026

Senator Peters (D-MI) introduced S. 3709 on January 28, 2026, with one cosponsor (Senator Lankford). The bill was read twice and referred to the Committee on Homeland Security and Governmental Affairs, where it remains. This is a procedural, administrative bill focused on improving grant application and reporting processes across federal agencies. It authorizes no spending, creates no new programs with direct beneficiaries, and establishes no tax incentives, regulatory mandates, or procurement preferences. The bill's mechanism is entirely internal to government operations — establishing a Grants Council, standardizing forms, and improving coordination between agencies. No private-sector entity is obligated to change behavior, receive funding, or benefit from this legislation. With zero funding, a single committee referral, and early-stage status, this bill has no identifiable path to market impact. No tickers are tagged because no causal chain exists between the bill's text and any publicly traded company's revenue, costs, or competitive position.