Legislation

The TSP Fiduciary Security Act of 2025 amends the fiduciary duties of the Thrift Savings Fund (TSF) managers to explicitly include protecting U.S. national security in investment decisions. The bill directs the Secretary of Labor to establish rules for reviewing TSF investments and shareholder voting against specific national security risks, particularly concerning entities linked to "covered countries" like China. Furthermore, it prohibits mutual funds available through the TSP mutual fund window from investing in any company based in the People's Republic of China.

The SNOOP Act of 2025 aims to adjust the reporting requirements for third-party payment processors regarding transactions sent to the IRS. This bill reinstates the higher reporting threshold of over $20,000 in payments across more than 200 transactions for issuing 1099-K forms. Furthermore, it clarifies that backup withholding on network payments only applies if both the transaction count and dollar amount thresholds are met for the year.

The Union Station Redevelopment Corporation Funding Eligibility Act makes the Corporation eligible to apply for several major federal transportation grant programs, including BUILD, National Infrastructure Project Assistance, Rail Safety and Improvement, and Intercity Passenger Rail grants. Crucially, this Act ensures that if the Corporation receives funding from these programs, the federal government will cover 100 percent of the eligible project costs. This change removes typical federal matching or cost-sharing requirements for the Corporation's projects.

The America's First Fuels Act aims to incentivize the adoption of biomass heating technology through significant tax credits. It increases the existing energy-efficient home improvement credit limit up to \$10,000 for qualifying biomass stoves and boilers installed after 2025. Furthermore, the bill introduces a new 30% investment tax credit for businesses installing qualifying "open-loop biomass heating property."

The Secure Americas Financial Exchanges Act (SAFE Act) mandates that stock exchanges require listed companies to disclose any financial support received from the People's Republic of China (PRC). Companies must also reveal details about internal Chinese Communist Party (CCP) structures and any leadership ties to the PRC government. These new transparency rules aim to inform investors about potential foreign influence on publicly traded entities.

The Protecting American Capital Act of 2025 requires the Secretary of the Treasury to submit an annual report to Congress detailing United States portfolio investments in the People's Republic of China. This report must identify major U.S. investors and assess the Chinese entities receiving these funds, including those under U.S. sanctions. The goal is to provide transparency regarding American capital flowing into the Chinese economy.

This bill amends the Safe Drinking Water Act to clarify state authority in identifying drinking water contaminants and expands eligibility for federal assistance programs. It allows states to request grants on behalf of disadvantaged communities or those facing financial hardship due to contamination. Furthermore, the legislation enables direct grant assistance for owners of private drinking water wells.

The Public Service Freedom to Negotiate Act of 2025 establishes federal minimum standards for collective bargaining rights for public employees across the nation. It tasks the Federal Labor Relations Authority (FLRA) with reviewing state laws to ensure they substantially provide these minimum rights, taking over administration where state laws fall short. The Act explicitly protects existing labor agreements while prohibiting strikes or lockouts that would endanger public safety services. Finally, it ensures that existing state or local laws providing equal or greater protections are not preempted by this federal minimum standard.

The Advancing Quantum Manufacturing Act of 2025 aims to accelerate U.S. quantum technology development by improving coordination between the Department of Energy and the National Science Foundation. The bill establishes a new Manufacturing USA institute dedicated to scaling up quantum manufacturing capabilities across computing, sensing, and communication. Finally, it mandates independent reviews and studies to assess the progress and collaboration barriers within the National Quantum Initiative Program.

The Weatherization Assistance Program Improvements Act of 2025 significantly updates the program that helps low-income households improve energy efficiency. This bill establishes a new fund to cover essential pre-weatherization repairs that currently block necessary upgrades. Furthermore, it substantially raises the maximum financial assistance allowed per home, increasing the general cap from $6,500 to $15,000 to better reflect current market costs. The Secretary is also granted flexibility to further adjust these limits based on economic conditions.

The Protecting Global Fisheries Act of 2025 establishes a comprehensive U.S. strategy to combat illegal, unreported, or unregulated (IUU) fishing worldwide through international collaboration. This Act authorizes the President to impose significant sanctions, including asset freezes and port denials, against foreign persons and vessels involved in IUU fishing or endangered species trade. Furthermore, it mandates regular briefings and detailed annual reports to Congress from the Secretary of State regarding global counter-IUU fishing efforts and China's role in the issue.

The Raise the Wage Act of 2025 systematically increases the federal minimum wage to \$17.00 per hour over five years, after which it will be indexed to median wage growth. This legislation also phases out the subminimum wage for tipped employees and workers with disabilities, requiring them to eventually earn the standard federal minimum wage. Furthermore, the bill repeals the special minimum wage for workers under 20 once their rate catches up to the standard minimum.

The Secure Family Futures Act of 2025 modifies tax rules for certain insurance companies regarding their investments and losses. Specifically, it prevents qualifying insurers from treating newly acquired debt instruments as capital assets for tax purposes. Additionally, the bill extends the carryover period for specific capital losses incurred by these companies to ten years. These changes apply only to tax years beginning after December 31, 2025.

The Cybersecurity Information Sharing Extension Act is a short bill designed to extend the effective period of a key provision within the Cybersecurity Act of 2015. Specifically, this legislation pushes back the expiration date for Section 111(a) by ten years. This ensures that the relevant cybersecurity information-sharing provisions will remain active until 2035.

The S-CAP Act of 2025 proposes increasing the maximum number of shareholders a business can have while still qualifying for S corporation tax status. This bill raises the current limit from 100 shareholders to 250 shareholders. This change will take effect for tax years beginning after December 31, 2025.

This bill extends the authority allowing modifications to the Second Division Memorial in the District of Columbia. Specifically, it continues the special power granted by the 2018 National Defense Authorization Act. This extension ensures the authority to make changes remains in effect until September 30, 2032.

The PEER Support Act aims to formally recognize and professionalize the role of certified peer support specialists who have lived experience in recovery. It establishes a new Office of Recovery within SAMHSA to support these specialists and enhance recovery services nationwide. Furthermore, the bill mandates the official classification of this profession and requires a federal report on state criminal background check policies for peer specialists.

The Quantum National Security Coordination and Competition Act of 2025 establishes a dedicated office within the Department of Defense to lead and coordinate all quantum technology efforts related to national security. This office is tasked with advancing research, building expertise, and ensuring U.S. global competitiveness in quantum sensing, computing, and communications. Furthermore, the Act mandates regular, classified reports to Congress detailing U.S. capabilities versus those of adversarial nations like China, Russia, and Iran.

The Aid Accountability Act of 2025 establishes strict penalties for violations related to the proper use of foreign assistance funds. Federal employees who knowingly violate these rules face termination and permanent ineligibility for future government employment, in addition to restitution. Recipients of federal funds found in violation will be barred from receiving future federal funding. The Secretary of State is responsible for determining violations and reporting final decisions to Congress within 60 days.

This resolution officially recognizes and supports the goals of San Jacinto Day, commemorating the anniversary of the pivotal Battle of San Jacinto on April 21, 1836. It honors General Sam Houston and the Texan Army for their decisive victory that secured Texas independence from Mexico. The bill emphasizes the enduring legacy of courage and sacrifice from that battle, which continues to inspire pride.