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 help owners and employees of small business concerns understand their rights and responsibilities with respect to immigration enforcement, and for other purposes.
To amend the Small Business Act to include requirements relating to apprenticeship program assistance for small business development centers, and for other purposes.
Protecting Small Business Competitions Act of 2026
To amend the Small Business Act to provide re-entry entrepreneurship counseling and training services for incarcerated individuals, and for other purposes.
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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.
Excluding Certain Canadian Products from Importation into the United States in Response to Continued Discrimination Against the Commerce of the United States with Respect to Motor Vehicles
This proclamation bans imports of certain Canadian products, escalating a trade dispute over Canada's motor vehicle tariffs. It builds on prior actions under Section 338 of the Tariff Act of 1930 to impose an import exclusion, effective September 29, 2026, for goods currently subject to a 50% duty. The measure directs U.S. Customs and Border Protection to implement the ban and removes these products from the tariff regime, potentially disrupting supply chains in automotive and related sectors.
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.
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