Back to news

Representative David Schweikert introduces H.R. 10400: Securing Migration, Addressing Reform, and Talent Enhancement and Retention Act

Investivoq LegislationRadar

We have received text from H.R. 10400: Securing Migration, Addressing Reform, and Talent Enhancement and Retention Act. This bill was received on 2026-09-15, and currently has no cosponsors.

Here is a short summary of the bill:

This bill would significantly change how many people qualify to come to the United States and how some existing visa programs work. It would replace many current immigration pathways with a new system that gives points for skills and other economic factors, reduce certain family-based immigration categories, and create new rules for employment-based visas.

Immigration system changes

The bill would create a merit-based, skills-based points system for immigration. Under this approach, applicants would be ranked based on factors such as education, job skills, work experience, English ability, and other criteria tied to economic contribution. The bill would also abolish the Diversity Visa program , which currently provides visas through a lottery system for people from countries with relatively low rates of immigration to the United States.

Family-based immigration would be narrowed. The bill would mainly limit family immigration to spouses and minor children , reducing or eliminating some other categories of relatives who can currently qualify for visas through family sponsorship.

Employment-based visas

The bill would give the Department of Commerce a larger role in setting employment-based immigration levels. It would establish a board to determine visa numbers based on labor-market conditions and broader economic needs , rather than relying only on fixed annual caps.

It would also revise the H-1B visa program into a new structure called “SMARTER” visas . The changes would include:

  • Wage-based limits on how many visas can be issued or how they are allocated.
  • Portability , allowing certain visa holders to change employers more easily.
  • More flexibility in how the program is administered.

The bill would also set prevailing wage rules , which would require employers to pay foreign workers at or above certain wage levels tied to the job and location.

Other immigration-related provisions

The bill would create a “gold card” visa that would be expensive to obtain. This appears designed as a premium pathway for certain immigrants who can pay a substantial fee.

It would also add rules related to naturalization eligibility , including bars tied to the receipt of unpaid benefits. In addition, the bill would require regular reporting on immigration-related matters.

Another enforcement-related provision would use AI-based overstay detection to identify people who remain in the country longer than allowed under their visas or other immigration status.

Relevant Companies

  • ACN - Accenture could be affected if changes to visa rules alter the availability of skilled foreign workers used in consulting and technology staffing.
  • INFY - Infosys may be impacted by H-1B changes, since it relies on U.S. work visas for some employees.
  • TCS - Tata Consultancy Services could be affected by tighter or restructured employment-based visa rules for its U.S. operations.
  • WIT - Wipro may be directly affected by changes to H-1B and other employment visa programs used to place workers in the United States.
  • CTSH - Cognizant could face impacts from wage-based visa limits and other reforms affecting foreign skilled labor access.
  • IBM - IBM may be affected by changes to high-skilled immigration and visa allocation rules for technology workers.

Representative David Schweikert Bill Proposals

Here are some bills which have recently been proposed by Representative David Schweikert:

  • H.R.10460: To amend the Immigration and Nationality Act to establish a skills-based immigration points system, to focus family-sponsored immigration on spouses and minor children, to eliminate the Diversity Visa Program, and for other purposes.
  • H.R.10400: SMARTER Act
  • H.R.10288: Rural Broadband Modernization Act
  • H.R.10218: Advancing American Innovation Act
  • H.R.9819: AIDEN (Advancing Integrated Data for Equitable National Child Welfare)
  • H.R.9772: Foreign Funding Transparency Act

You can track bills proposed by Representative David Schweikert on Investivoq's politician page for Schweikert.

Representative David Schweikert Net Worth

Investivoq estimates that Representative David Schweikert is worth $754.0K, as of September 23rd, 2026. This is the 371st highest net worth in Congress, per our live estimates.

Schweikert has approximately $0 invested in publicly traded assets which Investivoq is able to track live.

You can track Representative David Schweikert's net worth on Investivoq's politician page for Schweikert.

2026 Arizona's 1st Congressional District Election

There has been approximately $64,903,005 of spending in Arizona's 1st congressional district elections over the last two years, per our estimates.

Approximately $43,105,991 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

  • HMP ($11,403,692)
  • DCCC ($8,102,825)
  • CONGRESSIONAL LEADERSHIP FUND ($6,391,844)
  • BOLD AMERICA ($1,970,053)
  • PROJECT 218 ($1,907,790)

The rating for this race is currently "Toss Up".

You can track this election on our matchup page for the 2026 Arizona's 1st congressional district election.

This article is not financial advice. See Investivoq's disclaimers for more information.