billHR9359•Event Thursday, June 18, 2026Analyzed

To amend the Food and Nutrition Act of 2008 to provide for the reissuance to households of supplemental nutrition assistance program benefits to replace benefits stolen by identity theft or typical skimming practices, and for other purposes.

Neutral

Summary

HR9359 is an early-stage bill in the 119th Congress that would amend the Food and Nutrition Act of 2008 to allow SNAP benefits stolen via identity theft or skimming to be reissued to households. It was referred to the House Agriculture Committee on June 18, 2026, with no further action. No funding is authorized or appropriated in the bill text; it only changes administrative policy for the SNAP program.

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.HR9359 is a consumer protection bill for SNAP recipients, not a market-moving legislative action.
  • 2.No funding is authorized; the bill only changes administrative rules for benefit reissuance.
  • 3.No public companies are directly impacted by this bill.

Market Implications

No market implications. The bill does not affect any publicly traded company or sector.

Full Analysis

  1. What happened: On June 18, 2026, Rep. Grace Meng (D-NY-6) introduced HR9359 in the House. The bill was referred to the House Committee on Agriculture, its first and only action to date. It is in the earliest legislative stage. 2) The money trail: This bill does not authorize or appropriate any new spending. It directs the Secretary of Agriculture to reissue SNAP benefits to households whose benefits were stolen through identity theft or typical skimming practices. The mechanism is a change in program administration, not a new funding stream. Actual implementation costs would be borne by existing SNAP administrative funds, which are appropriated through the annual Agriculture Appropriations bill. 3) Structural winners and losers: No private companies are directly affected. The bill targets a consumer protection issue within a federal benefits program. The primary beneficiaries are SNAP recipients, not public companies. 4) Timeline: The bill must pass the House Agriculture Committee, then the full House, then the Senate, and be signed by The President. Given its early stage and single sponsor, passage is uncertain and likely requires significant committee work.

Key Legislators

Rep. Meng, Grace [D-NY-6]

Related Presidential Actions

Executive orders & memoranda affecting the same sectors or companies

Exec OrderSep 16, 2026

Providing Meaningful Water Quality Improvements Through Collaboration and Oversight of Federal Support

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.

proclamationSep 8, 2026

Excluding Certain Canadian Alcoholic Beverages from Importation into the United States in Response to Continued Discrimination Against the Commerce of the United States with Respect to Alcoholic Beverages

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.

proclamationSep 8, 2026

Modifying the Scope of Products of Canada Subject to the Additional Duties Imposed to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Alcoholic Beverages

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.

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 →