Providing for consideration of the bill (H.R. 556) to prohibit the Secretary of the Interior and the Secretary of Agriculture from prohibiting the use of lead ammunition or tackle on certain Federal land or water under the jurisdiction of the Secretary of the Interior and the Secretary of Agriculture, and for other purposes; providing for consideration of the bill (H.R. 1958) to amend the Immigration and Nationality Act to clarify that aliens who have been convicted of defrauding the United States Government or the unlawful receipt of public benefits are inadmissible and deportable; providing for consideration of the bill (H.R. 4638) to amend the Immigration and Nationality Act to provide that an alien who has been convicted of harming animals used in law enforcement is inadmissible and deportable, and for other purposes; and relating to consideration of motions to suspend the rules.

This Congressional event places H.R. 556, H.R. 1958, and H.R. 4638 on the House Calendar for consideration. H.R. 556 directly impacts the hunting and fishing industries by prohibiting the Secretary of the Interior and the Secretary of Agriculture from banning lead ammunition or tackle on federal lands. This ensures continued demand for lead-based products in these recreational activities. H.R. 1958 and H.R. 4638 address immigration policy and have no direct, immediate market impact on specific companies or sectors. The money trail for H.R. 556 is indirect. It protects existing revenue streams for companies manufacturing lead ammunition and fishing tackle. There is no new appropriation or grant funding involved. The bill prevents a potential future loss of market share for lead product manufacturers if federal bans were to be implemented. Companies like Olin Corporation ($OLN) through its Winchester brand, Sturm, Ruger & Co. ($RGR), Smith & Wesson Brands ($SWBI), Vista Outdoor ($VSTO), and Ammo Inc. ($AMMO) benefit from the continued legality of lead ammunition on federal lands. Historically, attempts to restrict lead ammunition have faced industry opposition. For example, California's statewide ban on lead ammunition, fully implemented in 2019, caused a shift in demand towards non-lead alternatives within that state. However, a federal prohibition on banning lead ammunition on federal lands would prevent a similar nationwide shift, preserving the market for lead products. There is no direct historical precedent for a federal bill explicitly preventing such bans, making this a unique protective measure for the industry. Specific winners from H.R. 556 are manufacturers of lead ammunition and fishing tackle, including Olin Corporation ($OLN), Sturm, Ruger & Co. ($RGR), Smith & Wesson Brands ($SWBI), Vista Outdoor ($VSTO), and Ammo Inc. ($AMMO). There are no direct losers from this specific legislative action, as it maintains the status quo regarding lead product use on federal lands. The other bills on immigration do not create specific winners or losers in the market. This event is a procedural step to bring these bills to the floor for consideration. The next step is a floor vote in the House of Representatives. If H.R. 556 passes the House, it then moves to the Senate for consideration. The date for a floor vote is not yet set, but placement on the calendar indicates it is moving forward in the legislative process.