Legislation

The Improving Disclosure for Investors Act of 2025 mandates the SEC to establish new rules modernizing how financial firms deliver required regulatory documents to investors, primarily by facilitating electronic delivery. This legislation sets deadlines for the SEC to finalize rules that allow digital distribution of documents like prospectuses and annual reports, while ensuring investor protections remain in place. The bill focuses solely on the method of delivery, not the substance or timing of the required disclosures themselves. If the SEC delays, covered entities can proceed with electronic delivery based on the standards outlined in the Act.

The Agriculture Resilience Act of 2025 establishes aggressive national goals for the agricultural sector to achieve net-zero greenhouse gas emissions by 2040, mandating rapid changes in farming practices, research funding, and land management. It significantly reforms federal conservation and insurance programs to prioritize soil health, climate adaptation, and the development of resilient food systems. The bill also boosts support for on-farm renewable energy, strengthens local food infrastructure, and standardizes food labeling to reduce waste. Overall, it directs substantial federal resources toward transforming agriculture to meet ambitious climate targets while supporting farmers through new incentives and research.

The American Ownership and Resilience Act establishes an Ownership Investment Facility within the Department of Commerce to provide government-backed leverage to investment companies. This facility is designed to encourage capital investments that support the sale of businesses to Employee Stock Ownership Plans (ESOPs) or worker-owned cooperatives. The bill sets strict oversight, fairness, and control requirements for these employee-centric transactions while establishing licensing and capital standards for the participating investment companies.

This bill amends the Rural Surface Transportation Grant Program to create a new funding set-aside for specific counties with high agricultural output. It defines "covered counties" based on significant annual agricultural production value and density. Ten percent of the program's funds must then be reserved for projects located on "farm-to-market roads" within these designated counties.

The United States Automobile Consumer Assistance and Relief Act (USA CAR Act) introduces a new federal income tax deduction for interest paid on loans used to purchase automobiles assembled in the United States. This "qualified automobile interest" can be deducted "above-the-line," reducing a taxpayer's Adjusted Gross Income (AGI). These provisions apply to loans taken out on or after the date the Act is enacted.

The CHIP IN for Veterans Act of 2025 expands and extends a pilot program allowing the Department of Veterans Affairs (VA) to accept donated facilities, improvements, and minor construction projects. This legislation updates the program's terminology and clarifies the VA's authority to alter and maintain these donated assets. Crucially, the Act extends the program's operational deadline from 2026 to 2031.

The LOCOMOTIVES Act clarifies federal authority under the Clean Air Act regarding emissions standards for certain existing locomotives and engines used in construction or farm equipment. This legislation ensures that federal standards, rather than varying state standards, apply to these specific engines, particularly those under 175 horsepower and locomotives engaged in commerce. Essentially, it centralizes regulatory power over these emissions sources at the federal level.

The Farm Workforce Modernization Act of 2025 aims to stabilize the agricultural labor force by creating a pathway to legal status for current undocumented farmworkers and modernizing the H-2A temporary worker program. The bill also mandates the implementation of a new, high-security electronic employment verification system across all industries, with specific deadlines for agricultural employers. Overall, it seeks to secure the existing workforce while establishing new compliance standards and protections for future agricultural labor.

The Retirement Investment in Small Employers Act significantly enhances tax incentives for very small businesses to establish new employee retirement plans. It boosts the startup tax credit for "qualified microemployers" (those with 10 or fewer employees) from covering 50% to 100% of administrative costs. Furthermore, the maximum deductible administrative cost cap for these employers is raised from $500 to $2,500.

The Nuclear First-Strike Security Act of 2025 places strict limitations on the use of federal funds to initiate a nuclear attack. Under this Act, a first-use nuclear strike requires a presidential determination that it is in the U.S. best interest, followed by a mandatory seven-day notification to top Congressional leaders. This notification requirement is waived only in cases of a formal declaration of war, a prior nuclear attack on the U.S. or an ally, or during a confirmed launch-on-warning scenario.

The Housing Stability for Dreamers Act ensures that individuals with current DACA status are eligible for key federal housing programs, including FHA mortgages and certain housing assistance. This legislation specifically prohibits federal agencies and mortgage purchasers like Fannie Mae and Freddie Mac from denying benefits based solely on DACA status. Furthermore, it clarifies that DACA recipient veterans will not be disqualified from receiving earned VA housing loan guarantees.

This bill modifies the Small Business Act to extend application deadlines for SBA disaster relief loans by 60 days and grants the Administrator discretion to accept late applications with good cause. Furthermore, it enhances communication requirements by mandating the SBA to directly notify the offices of affected Members of Congress following a major disaster declaration.

The Oversight of Medicare Billing Code Cost Act mandates a comprehensive study by the Inspector General to review the process and data used by Medicare when adding, changing, or removing billing codes. This legislation requires the Inspector General to report findings and recommendations to Congress within one year. Furthermore, the Secretary of HHS must annually publish a public report detailing all new billing codes added in the previous year, including associated spending data.

The No Revolving Doors in FMS Act of 2025 establishes new restrictions for former State Department and Department of Defense employees involved in Foreign Military Sales (FMS). This legislation prohibits these former officials from lobbying Congress or federal employees regarding the specific FMS programs they worked on within the three years prior to leaving federal service. The bill aims to prevent immediate conflicts of interest by closing the "revolving door" between government service and lobbying in the FMS sector.

The ANCHOR for Military Families Act aims to significantly improve how the military informs service members and their families about available relocation assistance programs before a Permanent Change of Station (PCS). This bill mandates the delivery of comprehensive, accessible information packets covering housing, education (including school enrollment rules), and mental health support at least 45 days prior to a move. Furthermore, it requires the Department of Defense to report annually to Congress on the implementation and effectiveness of these new information delivery standards.

The Protect our Parks Act of 2025 mandates the Secretary of the Interior to immediately ensure the National Park Service is fully staffed to protect resources and enhance visitor safety. This legislation requires filling all maintenance positions and reinstating any NPS employees terminated since January 20, 2025. Furthermore, the Act ensures the continuation of all previously authorized and funded National Park Service projects.

The Stop TRUMP in Crypto Act of 2025 prohibits covered government officials and their immediate families from trading, owning, or profiting from digital assets while in office. This legislation specifically bans insider trading of crypto and prevents officials from using intermediaries or complex ownership structures to bypass these restrictions. The Act aims to eliminate conflicts of interest by ensuring high-ranking officials cannot benefit financially from involvement with cryptocurrencies.

The Veteran Jobs Training Act extends and increases the authorization of appropriations for Homeless Veterans Reintegration Programs through fiscal year 2025. This legislation sets a new annual funding cap of $75,000,000 for these vital programs starting in fiscal year 2024. The bill ensures continued support for veterans transitioning back into civilian life.

The BRUSH Fires Act mandates a comprehensive, one-year study by the Forest Service to evaluate the effectiveness of current wildfire mitigation methods in shrubland ecosystems. This study must analyze fuel management, ignition source control, and implementation hurdles to determine best practices. The resulting report will provide Congress with recommendations for improving fire risk reduction and enhancing partnerships to protect communities near wildlands.

The Bipartisan American Homeownership Opportunity Act of 2025 establishes two new federal tax incentives aimed at boosting housing accessibility. It creates a refundable First-Time Homebuyer Credit of up to $50,000 for down payments, subject to income phase-outs and a five-year recapture rule. Additionally, the bill introduces a Starter Home Construction Credit for builders, offering up to a 30% credit on construction costs for small, affordable homes. Both provisions require a reduction in the property's tax basis by the amount of the credit claimed.