To expand the sharing of information with respect to suspected violations of intellectual property rights in trade.

HR4930, "To expand the sharing of information with respect to suspected violations of intellectual property rights in trade," was introduced on August 8, 2025, and referred to the House Committee on Ways and Means. On December 30, 2025, the bill was reported (Amended) by the Committee on Ways and Means and subsequently placed on the Union Calendar, Calendar No. 361. This indicates significant progress through the committee stage and readiness for floor consideration in the House. The bill amends Section 628A of the Tariff Act of 1930 to expand the sharing of information regarding suspected intellectual property rights violations. Specifically, it changes the threshold for information sharing from "suspects" to "has a reasonable suspicion" and broadens the types of information that can be shared to include details about packing materials, shipping containers, and nonpublic information generated by online marketplaces, express consignment operators, freight forwarders, or other entities involved in the sale or importation of merchandise. It also allows for information sharing with "any other party with an interest in the merchandise, as determined appropriate by the Commissioner." This bill does not authorize or appropriate any specific funding amounts. Structural winners include companies with significant intellectual property portfolios, such as $AAPL, $MSFT, $NKE, and $SBUX, as enhanced information sharing can help protect their brands and reduce counterfeit sales. Online marketplaces like $AMZN and $EBAY also benefit from these expanded tools to combat illicit trade on their platforms, which can improve consumer trust and reduce operational burdens related to counterfeit goods. Companies like $WMT and $GOOGL (through its various platforms) that operate large e-commerce presences or facilitate online transactions are also positioned to benefit from a more secure trading environment. The bill's provisions aim to reduce revenue loss from counterfeit products, thereby improving the integrity of online and international trade. In terms of market data, $AMZN is currently at $212.79, up 5.89% over the last 7 days but down 2.81% over the last 30 days. $EBAY is at $97.71, showing strong recent performance with a 7-day change of +11.02% and a 30-day change of +5.02%. $WMT is at $126.79, up 2.66% in 7 days and 2.82% in 30 days. $GOOGL is at $299.99, up 9.69% in 7 days but down 0.3% in 30 days. $MSFT is at $372.88, up 3.88% in 7 days but down 9.2% in 30 days. $AAPL is at $258.86, up 4.96% in 7 days but down 0.55% in 30 days. $NKE is at $44.03, down 14.07% in 7 days and 24.11% in 30 days. $SBUX is at $94.78, up 9.29% in 7 days but down 3.96% in 30 days. The next legislative step for HR4930 is consideration by the full House of Representatives. The existence of an identical companion bill, S2677, in the Senate increases the probability of eventual passage.