Legislative Activity

The Tax Clarity for Mining and Staking Act establishes new federal income tax rules for digital assets acquired through mining or staking. It mandates that newly minted digital assets are generally taxed as ordinary income upon receipt, though taxpayers can elect to defer income recognition and capitalize related costs. Additionally, the bill clarifies that trusts engaging in digital asset staking activities will not automatically lose their trust classification for tax purposes.

The Affordable Housing Credit Carryback Act amends the Internal Revenue Code to allow taxpayers to carry back unused Low-Income Housing Tax Credits for up to five years. This change enables businesses to apply these credits against taxes paid in prior years. The legislation specifically expands the five-year carryback provision, which was previously limited primarily to the marginal oil and gas well production credit.

The Preventing Waste, Fraud, and Abuse in TANF Act aims to strengthen oversight of the Temporary Assistance for Needy Families (TANF) program by applying federal improper payment review standards to state programs. It also restricts the use of federal TANF grants to families with incomes below twice the federal poverty level and establishes strict deadlines for states to obligate and spend these block grant funds. Furthermore, the bill prohibits states from using federal TANF dollars to replace existing state or local spending on eligible activities.

The No Wasted Space Act establishes a commission to study and recommend future uses for the Arts and Industries Building on the National Mall. This body will produce a report, a fundraising plan, and legislative recommendations within one year of its first meeting. The Commission is composed of nine non-federal members with relevant expertise and will terminate shortly after submitting its findings.

This act expands opportunities for unemployed individuals to start their own businesses while receiving benefits. It modifies state self-employment assistance programs by removing previous eligibility hurdles and requiring participation in approved entrepreneurial training or business plan development. The legislation also increases the maximum number of participants allowed in these state programs.

The Supporting Energy and Economic Development (SEED) Act primarily extends key tax incentives for biodiesel and renewable diesel through 2029. It also introduces new provisions to prevent taxpayers from claiming multiple overlapping benefits for the same fuel, ensuring credits are not double-counted.

The Pay Less at the Pump Act of 2026 terminates the Hazardous Substance Superfund financing tax starting January 1, 2026. The bill also modifies how existing Superfund money is repaid to the Treasury. This aims to reduce the financial burden on consumers at the gas pump.

The Connecting Caregivers to Medicare Act of 2025 mandates that the Department of Health and Human Services conduct widespread outreach to educate Medicare beneficiaries on how to authorize family caregivers to access their personal health information via 1-800-MEDICARE. The bill requires the integration of this authorization process into official Medicare resources and mandates the development of new fraud protection best practices to ensure beneficiary security. By streamlining access and providing clear guidance, this legislation aims to better support caregivers while safeguarding sensitive health data.

The Infertility Treatment Affordability Act of 2025 establishes a new federal tax credit equal to 50% of qualified expenses paid for infertility treatments. This credit is subject to annual limits and income phase-outs, with up to $\$5,000$ being potentially refundable. The Act aims to reduce the financial burden of fertility care for eligible individuals and families.

The Patient Access to Innovative New Technologies Act of 2025 aims to accelerate patient access to cutting-edge medical tools by streamlining payment for hospitals using FDA-designated breakthrough devices. This bill allows hospitals to receive conditional New Technology Add-On Payments (NTAP) sooner, provided the device receives final FDA approval before July 1st of the relevant fiscal year. This change applies to breakthrough devices designated for priority review that receive final clearance or approval on or after July 1, 2023.

The Veterans Border Patrol Training Act establishes a pilot program to leverage the Department of Defense's SkillBridge program to train and hire transitioning servicemembers directly as U.S. Border Patrol agents. This initiative aims to facilitate a smooth transition for military personnel into federal law enforcement roles. The Secretary of Homeland Security must report annually to Congress on the program's participation and outcomes. This pilot program is set to automatically expire five years after its commencement date.

The Clean Energy Demonstration Transparency Act of 2025 mandates increased public accountability for clean energy demonstration projects funded under the Infrastructure Investment and Jobs Act. This legislation requires the Secretary to submit detailed, semi-annual reports to key Congressional committees and post them online. These reports must include copies of contracts, progress on technical and financial milestones, and documentation of any significant project changes.

This bill extends key federal tax credits for biodiesel and renewable diesel production and mixtures through 2026. It ensures that these older credits will not be claimed concurrently with the newer clean fuel production credit (Section 45Z(a)). The legislation also extends the tax credit for second-generation alcohol fuels, coordinating its expiration with the new clean fuel rules.

The EITC for Older Workers Act of 2025 eliminates the upper age limit for claiming the Earned Income Tax Credit (EITC). This change removes the current restriction preventing individuals aged 65 and older from claiming the credit. The provision will take effect for tax years beginning after December 31, 2025.

This bill seeks to formally reject a recent rule issued by the Internal Revenue Service (IRS) concerning gross proceeds reporting by brokers for digital asset sales. Through this joint resolution, Congress is exercising its authority to disapprove the specific IRS regulation. Consequently, the proposed reporting requirement will not take effect.

This resolution officially congratulates The Ohio State University football team for winning the 2025 College Football Playoff National Championship. It recognizes the team's victory over Notre Dame, highlights key player and coaching achievements, and acknowledges the support of the entire university community. Official copies of this commendation will be presented to the university president, athletic director, and head coach.

The Religious Workforce Protection Act aims to support religious workers facing long green card backlogs by allowing extensions of their nonimmigrant status beyond the usual five-year limit until their permanent residency application is processed. It also modifies job flexibility rules for certain delayed applicants and exempts religious workers who left the U.S. due to the five-year R-1 visa limit from the mandatory one-year foreign residence requirement before reapplying.

The CARE Act of 2025 mandates that the Center for Medicare and Medicaid Innovation (CMMI) test a new payment model for emergency services. This model will allow Medicare to pay ground ambulance providers for emergency responses, even when a patient does not ultimately require transport under Medicare Part B. The five-year demonstration aims to evaluate the impact of covering these non-transport emergency responses on patient access and resource utilization.

The Revitalizing Downtowns and Main Streets Act establishes a new 20% federal tax credit for converting eligible, older commercial buildings into affordable housing. This incentive aims to increase housing supply by requiring that at least 20% of the converted units remain rent-restricted for low-income residents for 30 years. State agencies will allocate these credits, which are subject to a national cap of $12 billion, based on approved plans prioritizing financially necessary projects.

The Improve Transparency and Stability for Families and Children Act modifies the deadlines for states to obligate and expend funds received under the Temporary Assistance for Needy Families (TANF) program, beginning in fiscal year 2027. This legislation allows states to reserve a limited percentage of future funds for later use, provided they notify the Secretary of Health and Human Services. The goal is to ensure timely use of federal assistance while offering limited flexibility for state planning.