The House has passed H.R. 9497 - Water Resources Development Act of 2026. This bill was introduced by Representative Sam Graves.
The vote was 415-9.
You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 9497 bill page.
Here is a short summary of a September 3, 2026 version of the bill.
H.R. 9497 - Water Resources Development Act of 2026 Summary
This bill is a broad package of changes to federal water resources and Army Corps of Engineers programs. It would affect flood control, navigation, water supply, drought resilience, environmental restoration, and related infrastructure projects across many parts of the country.
What the bill would do
- Reorganize and expand Corps operations: It would create several new Corps offices focused on inland navigation, water supply and drought resiliency, technical outreach, and alternative project delivery. It would also require more coordination, public information portals, and reporting.
- Change project planning and permitting: The bill would streamline some Corps permitting processes, allow more electronic tracking and application handling, and speed up feasibility studies with deadlines and required reports.
- Update flood policy: It would direct the Corps to take a broader approach to flood risk reduction, including river flooding, coastal flooding, stormwater, and nonstructural measures such as property-level or land-use-based approaches.
- Increase federal support for water projects: It would raise spending limits and expand authorization for a wide range of water resource programs, local infrastructure projects, environmental restoration efforts, and continuing-authority programs for flood risk and drought resilience.
- Set rules for project financing: The bill would establish or adjust cost-sharing rules for small water storage projects and allow additional non-federal funding to be used on some projects that go over budget.
- Authorize or modify many specific projects: It would direct expedited studies, reviews, construction, or modification of numerous projects nationwide involving flood control, navigation, harbor improvements, ecosystem restoration, storm damage reduction, and water supply.
- Address dredging, sediment, and harbors: It includes provisions on dredging, contaminated sediment cleanup, sediment management in reservoirs, and navigation channel maintenance.
- Cover project-specific and regional items: Some provisions focus on specific regions such as Texas, Florida, New York/New Jersey Harbor, Missouri River, Nevada, and North Carolina, while others authorize projects in many states, cities, counties, and tribal areas.
- Update property and land rules: It would authorize certain federal property conveyances, dispose of or narrow some project areas, and modify land-use or real estate rules tied to water projects.
- Revise dam safety provisions: It would update dam safety program deadlines and rules, remove references to low-head dams, and require FEMA to study how states prioritize high-hazard dam projects.
- Require more reporting and oversight: The bill would direct the Corps, GAO, and the Inspector General to produce studies and reports on topics such as waterways, harbors, dredging, reservoir operations, recreation, tribal policies, emergency navigation, and project prioritization.
Overall effect
In practical terms, the bill would make it easier and faster for the federal government to plan, approve, and carry out a large number of water-related projects. It would also direct more federal attention and funding toward flood protection, water supply, navigation, drought planning, sediment management, and environmental restoration. Many of its changes are technical or project-specific, but together they would expand and reshape how the Corps of Engineers manages water infrastructure programs.
Relevant Companies
None found
This article is not financial advice. Bill summaries may be unreliable. Consult Congress.gov for full bill text. See Quiver Quantitative's disclaimers for more information.
Representative Sam Graves Bill Proposals
Here are some bills which have recently been proposed by Representative Sam Graves:
- H.R.9497: Water Resources Development Act of 2026
- H.R.8870: BUILD America 250 Act
- H.R.7613: ALERT Act
- H.R.7328: Protecting Small Businesses from Predatory Website Lawsuits Act
- H.R.6086: Aviation Funding Solvency Act
- H.R.5301: PIPES Act of 2025
You can track bills proposed by Representative Sam Graves on Quiver Quantitative's politician page for Graves.
Representative Sam Graves Net Worth
Quiver Quantitative estimates that Representative Sam Graves is worth $2.1M, as of September 16th, 2026. This is the 266th highest net worth in Congress, per our live estimates.
Graves has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Representative Sam Graves's net worth on Quiver Quantitative's politician page for Graves.
