billHR10329Event Thursday, September 10, 2026Analyzed

To require the Administrator of the Small Business Administration to disseminate information on foreign adversary conduct that poses material harm to small business concerns, and for other purposes.

Neutral

Summary

HR10329 is an early-stage bill requiring the SBA to disseminate information on foreign adversary conduct harming small businesses. It has no funding, no enforcement mechanism, and sits in committee with only one cosponsor. No market impact is discernible.

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.No financial implications for any public company.
  • 2.Bill has minimal legislative momentum.
  • 3.No actionable market signal exists.

Market Implications

There are no market implications. The bill does not affect any sector, company, or regulatory landscape.

Full Analysis

HR10329 was introduced on 2026-09-10 by Rep. Williams (R-TX-25) and referred to the House Committee on Small Business. The bill directs the SBA to share information about foreign adversary conduct that materially harms small businesses. It is in the earliest legislative stage with no committee markup scheduled. The bill authorizes no funding, creates no penalties, and imposes no compliance costs. With one cosponsor (Rep. Tran, D-CA-45) and no companion bill in the Senate, passage probability is negligible in the current session. The SBA already possesses this authority, making the bill largely procedural. No publicly traded company faces direct revenue or cost impact.

Key Legislators

Rep. Williams, Roger [R-TX-25]

Related Presidential Actions

Executive orders & memoranda affecting the same sectors or companies

proclamationSep 8, 2026

Accelerating Access To Veterans' Benefits And Employment Opportunities

This proclamation orders the Secretaries of War and Veterans Affairs to mandate rapid, ongoing digital sharing of military personnel and medical records, deploy AI-powered tools for benefits applications, and update existing IT contracts for interoperability. It also requires the Transition Assistance Program to connect separating service members to specific jobs or training programs before discharge.

Exec OrderAug 26, 2026

Declaring a National Emergency to Secure the United States Bulk-Power System

This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.

presidential_memorandumAug 20, 2026

The National Space Transportation Policy

This memorandum directs multiple agencies to expand and modernize U.S. space launch and reentry infrastructure to support over 1,000 launches annually by 2030, expedite permitting and environmental reviews, develop new federal reentry sites, and strengthen the space transportation industrial base. It mandates range scheduling transparency, spectrum reliability, and workforce development, with specific reports and plans due within 90 to 240 days.

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 →