Legislative Activity

The "Small Business Investor Tax Parity Act of 2025" extends the qualified business income deduction to include certain interest dividends from qualified business development companies (BDCs), treating them similarly to real estate investment trust (REIT) dividends. This change allows investors in these BDCs to deduct a portion of their dividend income, provided the BDC elects to be treated as a regulated investment company. This provision is applicable for taxable years starting after December 31, 2026.

The WHO is Accountable Act prohibits federal funds from being used to rejoin or contribute to the World Health Organization (WHO) until the Secretary of State certifies that the WHO has met specific reform criteria. These criteria include ensuring the WHO is not influenced by the Chinese Communist Party, has increased transparency, and is not involved in politically charged issues. The Act also requires the WHO to grant observer status to Taiwan and ensure that no WHO directive is legally binding on U.S. citizens as a condition of U.S. membership.

The "Estate Tax Rate Reduction Act" reduces the tax rate to 20% for estates, gifts, and generation-skipping transfers for those dying or transfers made after December 31, 2024. The bill specifies that the budgetary effects of this section will not be entered on any PAYGO scorecards.

The ALIGN Act makes 100% expensing for qualified property permanent, applying to property placed in service after September 27, 2017. This amends sections of the Internal Revenue Code to reflect the change as if it were part of previous tax legislation.

This bill disapproves a Department of Homeland Security rule that would have automatically extended expiring work permits and related documents for certain applicants. By disapproving this rule, the bill prevents the extension from taking effect.

This bill asserts the constitutional right of states to defend themselves against invasion, citing the situation at the southern border from 2021-2024 as an invasion by cartels, terrorists, and criminal elements. It criticizes the Biden administration's border policies and claims the federal government failed to protect southern border states, thus empowering states to take defensive action.

This bill disapproves and prevents the implementation of the Department of Homeland Security's rule that sought to modernize requirements, oversight, and worker protections within the H-2 program.

This bill disapproves and nullifies a Department of Homeland Security rule that changes requirements for H-1B visas, introduces flexibility in the F-1 student visa program, and modifies rules affecting other nonimmigrant workers.

This bill nullifies two Presidential Memoranda from January 2025 that withdrew areas of the Outer Continental Shelf from oil and natural gas leasing. The bill effectively reverses these withdrawals, allowing potential oil and gas leasing activities in those areas.

This bill renames the Department of Veterans Affairs community-based outpatient clinic in Lubbock, Texas, to the "General Bernie Mittemeyer VA Clinic". All official references to the clinic will reflect this new name.