To amend the Water Resources Development Act of 1992 to increase the amount of funds authorized for the Secretary of the Army to carry out wastewater infrastructure projects in Village of Kelleys Island, Ohio, and for other purposes.
Summary
HR10385, introduced in the House on 2026-09-15, authorizes an increase in Army Corps of Engineers funding for wastewater infrastructure in Kelleys Island, Ohio. It is in early legislative stages (referred to committee) and does not appropriate funds. The direct impact is limited to a small municipal project, with no material effect on major publicly traded companies.
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Key Takeaways
- 1.HR10385 is an early-stage authorization bill with no direct market impact.
- 2.No specific funding amount is specified in the bill text provided.
- 3.The project is limited to Kelleys Island, Ohio, a small municipal wastewater initiative.
- 4.No publicly traded company has a material, direct exposure to this bill.
- 5.The bill requires separate appropriations to become effective.
Market Implications
The bill does not alter the competitive landscape for infrastructure companies. Major engineering and construction firms (e.g., $ENG, $EME, $J) are unlikely to see any change in revenue or backlog from this single-project authorization. The broader water infrastructure sector may see long-term tailwinds from federal investment, but this bill is too small to move the needle. Investors should monitor the bill's progress through committee and any subsequent appropriations legislation for actual funding.
⚡ Government Convergence
This signal is one of the converging government actions below.
Over the last 90 days, 173 separate government actions have converged on Water / PFAS. What that means: federal dollars are already moving — agencies are soliciting bids and awarding contracts, not just talking, and legislation and executive action are building the policy and funding tailwind behind it. When independent channels move together like this — 120 procurement notices, 35 federal contracts, 16 bills, 1 executive actions and 1 patents — it's the clearest early tell that Washington is committing to water / pfas, the kind of build-up that reshapes the sector well before it's obvious in the headlines.
Converging government actions
- BillWater Systems PFAS Liability Protection Act · 2025-02-12
- ContractKIEWIT INFRASTRUCTURE WEST CO.: $218M Department of the Interior Contract · 2025-05-16
- BillCritical Infrastructure Security Act · 2025-09-09
- ContractKIEWIT INFRASTRUCTURE SOUTH CO: $242M Department of Agriculture Contract · 2025-11-06
- BillWater Project Navigators Act · 2026-02-05
- ContractOLD NORTH UTILITY SERVICES, INC.: WATER DISTRIBUTION AND WASTEWATER COLLECTION SERVICES · 2026-03-23
- Procurement noticePMSC of New Water Treatment Plant at US Embassy Nepal · 2026-05-05
- Procurement noticeWater Treatment Trailer requirement · 2026-05-05
- Procurement noticeOily Wastewater Treatment and Recycling Services - Commander, Fleet Activities Yokosuka · 2026-05-05
- Procurement noticeRequest for Information for PFAS Contaminated Soil Disposal Services · 2026-07-17
- Executive actionExecutive Order: Honoring the American History of the Great Lakes and Renaming Lake Ontario as Lake America · 2026-08-27
- BillTo amend the Water Resources Development Act of 1992 to increase the amount and purposes of funds authorized for the Secretary of the Army to carry out water and wastewater infrastructure projects in Toledo and Oregon, Ohio, and for other purposes. · 2026-09-15
- BillTo amend the Water Resources Development Act of 1992 to increase the amount of funds authorized for the Secretary of the Army to carry out wastewater infrastructure projects in Village of Kelleys Island, Ohio, and for other purposes. · 2026-09-15
- Procurement noticeShasta Trinity NF Drinking Water Sampling & Testing · 2026-09-17
Full Analysis
HR10385 was introduced on September 15, 2026, by Rep. Marcy Kaptur (D-OH-9) and referred to the House Committee on Transportation and Infrastructure. The bill amends the Water Resources Development Act of 1992 to increase the authorized amount for wastewater infrastructure projects in the Village of Kelleys Island, Ohio. As an authorization bill, it sets a spending ceiling but does not provide actual appropriations; separate appropriations legislation would be required for funds to be disbursed. The bill is at the earliest stage of the legislative process, with no committee hearings or markup scheduled. Given the narrow scope—a single municipal wastewater project—the market impact is minimal. No specific dollar amount is stated in the provided data, and the project is too small to affect national infrastructure spending or the financials of major engineering or construction firms. The affected sector is Infrastructure, but no publicly traded company has a meaningful, direct exposure to this specific project. The legislative path includes committee consideration, potential amendments, floor votes in both chambers, and presidential action; passage is uncertain and likely to take months if it proceeds at all.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
JACOBS PROJECT MANAGEMENT CO.: $271M Department of the Interior Contract
PCL CONSTRUCTION INC: $106M Department of State Contract
JACOBS PROJECT MANAGEMENT CO.: $271M Department of the Interior Contract
RECORD STEEL AND CONSTRUCTION, INC.: $129M Department of the Interior Contract
OSCAR RENDA CONTRACTING INC: $132M Department of the Interior Contract
KIEWIT INFRASTRUCTURE WEST CO.: $218M Department of the Interior Contract
AMES FEDERAL CONTRACTING GROUP LLC: $115M Department of the Interior Contract
OSCAR RENDA CONTRACTING INC: $133M Department of the Interior Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Restoring Reciprocity in Government Procurement
This Presidential Memorandum directs the Office of Management and Budget, the U.S. Trade Representative, and other federal agencies to identify and remove Canadian-origin items from federal civil procurement where possible, citing Canada's 'Buy Canadian' policies as discriminatory. It also requires agencies to be notified of domestic alternatives and mandates ongoing monitoring of Canada's procurement practices, with provisions for restoring access if Canada changes its policies.
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.
Adjusting Certain Delegations Under the Defense Production Act
This proclamation amends Executive Order 13603 to share authority under the Defense Production Act for energy matters between the Secretary of the Interior and the Secretary of Energy, allowing each to act independently, and directs inter-agency dispute resolution via the National Energy Dominance Council and National Security Council, with coordination from the Department of War when national defense is implicated.
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