The SHARE Act of 2026 allows the FBI to share federal criminal history records with state licensing boards when those states participate in interstate occupational licensing compacts, which let professionals get recognized across state lines more easily. This information can only be used to conduct required background checks for licensing applicants and cannot be passed along to the compact's governing commission, other state agencies, or the public in raw form. States may only report whether an applicant passed or failed the background check, not the underlying criminal history details. This bill primarily affects professionals seeking multistate licenses (such as nurses, doctors, teachers, or other licensed occupations) and the state agencies that administer those licenses, aiming to streamline background checks while protecting the privacy of applicants' criminal records. The bill does not include new funding provisions or set specific implementation deadlines.