To amend the Internal Revenue Code of 1986 to require disclosure by certain tax-exempt organizations of information relating to foreign contributions to such organizations.
Summary
HR9772 is an early-stage bill requiring certain tax-exempt organizations to disclose foreign contributions. It has been referred to the House Ways and Means Committee with no cosponsors and no funding provisions, indicating negligible near-term market impact.
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.HR9772 is a procedural bill with no funding and no cosponsors, indicating low legislative priority.
- 2.No publicly traded companies are directly impacted by this disclosure requirement.
- 3.Investors should not adjust positions based on this early-stage bill.
Market Implications
This bill has no current market implications. It does not affect any publicly traded company's revenue, costs, or competitive position. Investors should monitor only if the bill gains cosponsors or moves to markup.
Full Analysis
HR9772, introduced by Rep. Schweikert (R-AZ-1) on July 18, 2026, proposes to amend the Internal Revenue Code to mandate disclosure of foreign contributions by certain tax-exempt organizations. The bill is in the earliest legislative stage—referred to the House Committee on Ways and Means—with zero cosponsors and no committee hearings scheduled. As an authorization bill with no specified funding amount, it does not allocate any money. The legislative path is long: it must pass committee, the full House, the Senate, and be signed into law. Given the lack of momentum and early stage, the bill has no direct market implications. No specific public companies are directly affected, as the bill targets tax-exempt organizations, not for-profit entities. The timeline for any potential passage is uncertain and likely months to years away.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Safeguarding America’s Nonprofits Act
To amend the Internal Revenue Code of 1986 to deny tax-exempt status to certain organizations receiving contributions or gifts from citizens or nationals of foreign adversaries.
To prohibit aliens who are nationals of certain countries of identified concern from entering the United States, and for other purposes.
PROOF Act
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 →