To amend the Small Business Act to make improvements to the Small Business Development Center Program, and for other purposes.
Summary
HR9810 is an early-stage bill to amend the Small Business Act to improve the Small Business Development Center (SBDC) program. It has been referred to the House Committee on Small Business with no specified funding amount. The bill is procedural and does not directly impact any publicly traded companies or market sectors.
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Key Takeaways
- 1.HR9810 is a procedural small business support bill with no direct market impact.
- 2.No funding amount is specified; actual spending requires separate appropriations.
- 3.No publicly traded companies are directly affected by this legislation.
Market Implications
HR9810 has no direct market implications. The SBDC program supports small businesses broadly, but no specific public company stands to gain or lose. Investors should monitor for further legislative action, but near-term impact is negligible.
Full Analysis
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What happened: On July 21, 2026, Rep. LaMonica McIver (D-NJ) introduced HR9810, a bill to amend the Small Business Act to make improvements to the Small Business Development Center (SBDC) program. The bill was referred to the House Committee on Small Business and has one cosponsor, Rep. Nydia Velázquez (D-NY). It is in the earliest legislative stage.
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The money trail: The bill text is not provided, but based on its title, it authorizes improvements to the SBDC program. No specific funding amount is mentioned in the provided data. Authorization bills set policy and spending ceilings, but actual funding requires a separate appropriations bill. There is no direct procurement or contract mechanism for public companies.
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Convergence: No related signals, procurement, or presidential actions were provided in the enrichment data. This bill stands alone as a small business support measure with no convergence with other government actions.
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Structural winners and losers: The SBDC program provides counseling, training, and technical assistance to small businesses. No publicly traded companies are directly named or affected. The bill is neutral for all sectors.
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Timeline: The bill must pass the House Committee on Small Business, then the full House, then the Senate, and be signed by the President. Given its early stage and lack of urgency, passage is uncertain and likely months away.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
To amend the Small Business Act to improve the women's business center program, and for other purposes.
To amend the Small Business Act to provide re-entry entrepreneurship counseling and training services for incarcerated individuals, and for other purposes.
Small Business Child Care Investment Act
To require the Administrator of the Small Business Administration to maintain a website for small business concerns relating to onshoring manufacturing capacity, and for other purposes.
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Motor Vehicles
This proclamation imposes a 50% ad valorem duty on certain Canadian products, effective August 19, 2026, under Section 338 of the Tariff Act of 1930, to offset Canada's discriminatory 25% tariff and tariff-rate quota on U.S. motor vehicle exports, which have reduced U.S. auto exports to Canada by 22% and shifted demand to competitors like Mexico, Japan, Korea, and Germany.
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Dairy
President Trump, citing Section 338 of the Tariff Act of 1930, imposes a 50% additional ad valorem duty on certain Canadian products (listed in Annex II) effective August 19, 2026, to offset Canada's discriminatory dairy tariff-rate quota allocation that disadvantages U.S. cheese exporters compared to EU exporters under CETA. The action aims to pressure Canada to remove the discrimination and expand opportunities for U.S. dairy producers within the U.S. market.
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Alcoholic Beverages
This proclamation imposes a 50% ad valorem duty on certain Canadian products under Section 338 of the Tariff Act of 1930, effective August 19, 2026, to retaliate against Canadian provincial bans on U.S. alcoholic beverages that have reduced U.S. exports by 81%. It directs the U.S. Trade Representative and Customs and Border Protection to implement the duties via the Harmonized Tariff Schedule, targeting a range of Canadian goods to offset the trade disadvantage.
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