Sponsor
James P. McGovern
Representative · D-MA
Representative · D-MA
The bill advances targeted supports — boosting small‑business R&D administration, youth access to public lands, family‑leave flexibility, consumer relief for hearing aids, and national‑security assessments — but does so at the cost of higher federal spending, new fiscal and privacy risks, added compliance burdens for businesses and agencies, and some procedural centralization and transitional operational risks.
Small businesses and researchers gain more SBIR/STTR administrative support and outreach because agencies must increase set‑asides (3% → 3.3%) and transfer funds to SBA to expand program administration and technical assistance.
Fifth graders and eligible home‑schooled 11‑year‑olds (and their schools) get broader access to Every Kid Outdoors plus dedicated funding and possible transportation support, lowering cost barriers for low‑income students to visit federal lands.
Federal nuclear forensics capability consolidation under NNSA and a required university workforce effort will strengthen technical response and build specialist expertise for nuclear security incidents.
Taxpayers face higher federal spending and potential fiscal exposure across multiple provisions (SBIR/STTR set‑asides/transfers, Every Kid Outdoors authorization, creating/maintaining a nuclear forensics center, mortgage guarantee exposure, hearing‑aid tax credit, and a general FY2027 Treasury availability), increasing long‑run budgetary pressure.
Participating agencies will have less direct funding and reduced program flexibility because specified SBIR/STTR activity funds must be transferred to SBA and transferred funds cannot be used for other Small Business Investment Act programs.
Homeowners face privacy and safety risks because publishing lists of federally backed properties (addresses and origination dates) can increase targeted fraud, scams, or burglaries by revealing mortgage status and timing.
Based on analysis of 13 sections of legislative text.
Package of changes: extends/increases SBIR/STTR set‑aside and agency transfers, creates NNSA nuclear forensics center, modifies FMLA intermittent leave rules, allows second‑lien guarantees for mortgage assumption, adds hearing‑aid tax credit, orders DNI NIE on Chinese AI, and creates a felony for concealment of foreign‑national election activity.
Official title: To deliver priority legislation.
Introduced July 2, 2026 by James P. McGovern · Last progress July 2, 2026
Extends and changes multiple federal programs across small business support, conservation education, national nuclear forensics, family leave rules, housing finance, tax credits for hearing aids, intelligence reporting on Chinese AI, election-related criminal penalties, and House rule requirements. It also directs agency transfers and reporting, creates a new NNSA nuclear forensics center, modifies FMLA intermittent leave certification, authorizes new home mortgage-assumption authorities, and creates a tax credit for hearing aids. The bill is an omnibus package of discrete policy changes and administrative directives: it increases and extends SBIR/STTR administrative set‑asides and directs certain agencies to transfer funds to SBA; funds youth outdoor access and outreach; centralizes federal nuclear forensics at NNSA; relaxes certification requirements for intermittent FMLA leave; permits FHA/USDA/VA to insure/guarantee second‑lien mortgages and requires public lists of insured loans; establishes a nonrefundable hearing aid tax credit effective for tax years after 2026; orders an NIE on Chinese AI capabilities; creates a new federal felony for using entities to conceal prohibited foreign-national election activity; and requires House committees to hold hearings on implementation.