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H.R. 7992: Counting Aluminum Net Surplus Act of 2026

The "Counting Aluminum Net Surplus Act of 2026" (CANS Act of 2026) is a proposed piece of legislation that aims to address the issue of aluminum recycling in the United States. The main provisions of the bill are summarized as follows:

Aluminum Recycling Study

The bill mandates the Secretary of the Interior to conduct a continuous study focused on aluminum waste management. This includes:

  • Assessing the amount of aluminum that is disposed of in landfills.

Reporting Requirements

Every three years, beginning three years after the bill's enactment, the Secretary, in consultation with the Environmental Protection Agency (EPA), is required to submit a report to various Congressional committees. This report will include the following key information:

  • An estimate of the total annual aluminum waste disposed of in landfills and the markets that use this aluminum.
  • A breakdown of aluminum waste disposal by industrial sectors, including specific data regarding the automotive industry.
  • An estimation of aluminum exports, particularly to foreign entities considered 'of concern'.
  • Recommendations for improved technologies for collecting and sorting aluminum to better integrate it into the supply chain.
  • Policy suggestions aimed at:
    • Redirecting aluminum from landfills.
    • Keeping domestic aluminum scrap in the national supply chain instead of exporting it.
  • Analyzing how enhanced domestic aluminum recycling efforts can reduce reliance on foreign sources for aluminum and bolster U.S. manufacturing capabilities.

Definitions

The bill also provides definitions for key terms to clarify its provisions:

  • Aluminum Scrap: Defined as scrap primarily composed of aluminum.
  • Foreign Entity of Concern: Defined in accordance with existing legal definitions found in the Infrastructure Investment and Jobs Act.
  • Secretary: Referring specifically to the Secretary of the Interior, acting through the Director of the United States Geological Survey.

Overall Aim

The overarching goal of the bill is to improve the recycling rates of aluminum in the United States, ensuring that more of this material is reused rather than discarded. By doing so, it seeks to strengthen the domestic aluminum market, enhance sustainability, and promote better resource management practices.

Relevant Companies

  • AA - Alcoa Corporation: As a major player in the aluminum industry, Alcoa might be affected by changes in domestic recycling policies and market demand for aluminum products derived from recycled material.
  • RYI - Ryerson Holding Corporation: This company processes aluminum products and may see shifts in supply chains based on the outcomes of increased recycling efforts and domestic sourcing of aluminum.

This is an AI-generated summary of the bill text. There may be mistakes.

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Sponsors

1 sponsor

Actions

2 actions

Date Action
Mar. 18, 2026 Introduced in House
Mar. 18, 2026 Referred to the House Committee on Natural Resources.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP COM
Sale $1,001 - $15,000
Feb 11, 2026 Jan 13, 2026 +13.25%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $15,001 - $50,000
Nov 10, 2025 Oct 27, 2025 +82.37%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $1,001 - $15,000
Sep 11, 2025 Aug 21, 2025 +138.26%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $1,001 - $15,000
Sep 11, 2025 Aug 21, 2025 +138.26%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $15,001 - $50,000
Jul 07, 2025 Jun 16, 2025 +136.69%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $15,001 - $50,000
Feb 11, 2025 Jan 09, 2025 +84.75%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $15,001 - $50,000
Dec 16, 2024 Nov 19, 2024 +44.00%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $15,001 - $50,000
Dec 16, 2024 Nov 19, 2024 +44.00%
Congress pfp
Julia Letlow R / House
AA logo
AA ALCOA CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Jan 13, 2026 Oct 23, 2024 +55.58%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $50,001 - $100,000
Sep 16, 2024 Aug 26, 2024 +88.43%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Sale $15,001 - $50,000
Sep 16, 2024 Aug 26, 2024 +88.43%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Purchase $15,001 - $50,000
Jul 22, 2024 Jun 27, 2024 +62.80%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Purchase $15,001 - $50,000
Jul 22, 2024 Jun 05, 2024 +43.30%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Purchase $15,001 - $50,000
Jul 22, 2024 Jun 05, 2024 +43.30%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Purchase $50,001 - $100,000
Jun 13, 2024 May 16, 2024 +52.14%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Purchase $50,001 - $100,000
May 11, 2024 Apr 30, 2024 +70.95%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Purchase $15,001 - $50,000
May 11, 2024 Apr 30, 2024 +70.95%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA.CORP
Purchase $50,001 - $100,000
May 11, 2024 Apr 19, 2024 +66.83%
Congress pfp
Michael T. McCaul R / House
AA logo
AA ALCOA CORP
Purchase $15,001 - $50,000
May 11, 2024 Apr 19, 2024 +66.83%