To require the Secretary of the Army to expedite the completion of agreements with non-Federal interests for beneficial use of dredged material from federally authorized harbors in the State of Ohio, and for other purposes.

HR 10383, introduced by Rep. Marcy Kaptur (D-OH) on September 15, 2026, and referred to the House Committee on Transportation and Infrastructure, mandates the Secretary of the Army to expedite agreements with non-federal interests for the beneficial use of dredged material from Ohio's federally authorized harbors. This is an early-stage bill (status: referred to committee) with no funding authorization or appropriation; it directs administrative action rather than allocating specific dollars. The legislative path ahead includes committee hearings, potential markup, floor votes in both chambers, and presidential action—all of which are pending. The bill's impact on the private sector is indirect and procedural, as it does not create new spending or regulatory burdens. For companies like Great Lakes Dredge & Dock (GLDD), which holds a significant share of the U.S. dredging market, the bill could signal increased project flow if it leads to faster permitting and agreements, but no revenue is guaranteed until appropriations are passed. Similarly, Orion Group Holdings (ORN), a regional marine construction firm, could see benefits from expedited dredging projects in Ohio, but again, this is contingent on future funding. The bill's focus on 'beneficial use'—such as beach nourishment or habitat restoration—aligns with environmental engineering firms like Tetra Tech (TTEK), which could see increased demand for design and permitting services. However, given the bill's early stage and lack of funding, the market impact is minimal in the near term. Investors should monitor committee action and any subsequent appropriations bills that might fund these projects. The bill does not directly affect major infrastructure conglomerates like Fluor (FLR), which reported FY2025 revenue of $15.5B with a 0.9% margin, as their involvement would require specific project awards that are not yet defined. Overall, the bill is a procedural step that, while supportive of the dredging industry, lacks the financial teeth to move markets immediately.