Legislative Activity

This bill disapproves and invalidates the Consumer Financial Protection Bureau's rule regarding overdraft lending practices of very large financial institutions. The rule, found in the Federal Register, is nullified by this disapproval.

The Financial Reporting Threshold Modernization Act updates the thresholds for currency transaction reports and suspicious activity reports to reflect inflation. It raises the threshold for currency transaction reports from $10,000 to $30,000 and mandates updates every 5 years based on the Consumer Price Index. Additionally, it increases the reporting threshold for coins and currency received in nonfinancial trades or businesses from $10,000 to $30,000, also with CPI-based updates every 5 years. The Act requires federal agencies and the Secretary of the Treasury to revise regulations to reflect these changes, which must be implemented within 180 days of enactment.

This bill disapproves and nullifies the Consumer Financial Protection Bureau's rule that defines larger participants in the market for general-use digital consumer payment applications. The disapproval effectively cancels the rule.

The Rural Small Business Resilience Act ensures individuals in rural areas have full access to disaster assistance provided by the Small Business Administration. It requires the SBA to provide targeted outreach and marketing to individuals in rural areas to increase awareness of available disaster assistance. The SBA must complete these actions within one year. The bill also makes a technical correction to the Small Business Act.

The "Right to Equitable and Professional Auto Industry Repair Act" or the "REPAIR Act" ensures vehicle owners and independent repair shops have access to necessary vehicle data, repair information, and tools, preventing manufacturers from creating barriers to repairs. It establishes an advisory committee to address competition issues in the auto repair industry and mandates that car buyers are informed of their rights to choose repair options. The Federal Trade Commission (FTC) is empowered to enforce the Act, protecting consumers from unfair restrictions on vehicle repair and ensuring control over their vehicle data.

The "Protecting Life from Chemical Abortions Act" restricts the Department of Health and Human Services and the FDA, requiring them to enforce Risk Evaluation and Mitigation Strategy (REMS) requirements for abortion drugs, reinstate the in-person dispensing requirement, and prohibits reducing REMS protections until standardized abortion data is collected by the CDC from every state. It also defines key terms such as "abortion," "abortion drug," and "unborn child" and prohibits the HHS secretary from declaring a public health emergency with respect to abortion.

The "Protecting Investors Personally Identifiable Information Act" prevents the SEC from requiring national securities exchanges or associations to provide personally identifiable information about market participants. Personally identifiable information includes data that can identify an individual, such as name, address, date of birth, Social Security number, phone number, email, and IP address. This ensures sensitive personal data is not part of consolidated audit trail reporting requirements.

The "Secure Rural Schools Reauthorization Act of 2025" extends the Secure Rural Schools and Community Self-Determination Act of 2000, providing continued financial support to states and counties with federal lands through 2026. It extends secure payments, distribution of payments, and the authority for special projects on federal land. Additionally, it extends the Resource Advisory Committee pilot program and makes several technical corrections to the original Act.

The "Death Tax Repeal Act" eliminates both estate and generation-skipping transfer taxes, effective from the date of enactment. It adjusts gift tax calculations by setting the lifetime gift exemption at $10,000,000, with inflation adjustments after 2011. The Act also includes transitional rules for applying certain sections of the Internal Revenue Code during the enactment year.

The "Promoting American Patriotism In Our Schools Act" mandates that schools receiving federal funds must require daily Pledge of Allegiance recitation, prominently display the U.S. flag in classrooms and gyms, and provide education on the flag's history. Individuals can abstain from reciting the Pledge for religious or personal reasons. Non-compliant schools will face enforcement by the Secretary.

The "Smithsonian American Women's History Museum Act" authorizes the creation of the Smithsonian American Women's History Museum on the National Mall. It ensures the museum's exhibits and programs reflect the diverse experiences and perspectives of women in the United States, seeking guidance from varied sources. The Act mandates regular reports to Congress on the museum's efforts to meet these diversity requirements.

The "Protect America's Lands Act" prevents national securities exchanges from handling transactions of securities issued by "natural asset companies." These companies manage land for conservation and aim to enhance the value of natural assets and ecosystem services. The bill defines specific criteria for what constitutes a "natural asset company" to ensure the prohibition is appropriately applied.

The United States-Israel Defense Partnership Act of 2025 seeks to bolster the defense relationship between the United States and Israel through joint initiatives and increased cooperation. It establishes programs to counter unmanned systems, extend anti-tunnel and counter-UAS cooperation, and promote collaboration in emerging technologies like AI and cybersecurity. The act also mandates the establishment of a Defense Innovation Unit office in Israel and assesses integrated air and missile defense in the U.S. Central Command region. Finally, it explores Israel's potential inclusion in the national technology and industrial base.

The "Grazing for Wildfire Risk Reduction Act" aims to reduce wildfire risks by directing the Secretary of Agriculture to expand the use of livestock grazing on Forest Service land. The plan includes strategies such as expediting environmental reviews for grazing permits, employing targeted grazing, and increasing the use of temporary permits for fuels reduction and invasive species control. It also promotes grazing as a post-fire recovery tool and utilizes all available legal authorities to achieve these goals.

The Whole Milk for Healthy Kids Act of 2025 expands milk options available to students in the National School Lunch Program by allowing schools to offer organic or non-organic whole milk. This legislation provides greater flexibility for schools in providing fluid milk choices while maintaining accommodations for students with special dietary needs. Importantly, the saturated fat content of these offered milk options will not count toward the meal's overall saturated fat limits.

The SAFE for America Act of 2025 eliminates the Diversity Visa Program, which makes visas available to persons from countries with low rates of immigration to the United States. This is achieved through repealing subsection (c) of Section 203 of the Immigration and Nationality Act. The Act also makes corresponding technical amendments to other sections of the Immigration and Nationality Act to reflect this change. These changes would take effect beginning October 1, 2025.

The "Protecting Privacy in Purchases Act" prevents payment card networks from assigning a unique merchant category code to firearm retailers. The Attorney General is responsible for enforcing the Act, investigating complaints, and reporting to Congress. This law overrides state and local laws regarding merchant category codes for firearm retailers and does not establish a private right of action.

The "Protect Small Businesses from Excessive Paperwork Act of 2025" modifies the filing deadline for pre-existing reporting companies to submit beneficial ownership information. These companies now have until January 1, 2026, to comply with the filing requirements. This extension aims to ease the burden on small businesses by providing additional time to meet the new regulations.

The "Family Farm and Small Business Exemption Act" amends the Higher Education Act of 1965 to exclude the net value of a family farm (on which the family resides) or a small business (with no more than 100 employees and owned/controlled by the family) from consideration as an asset when determining financial need for federal student aid. This change aims to make higher education more accessible for students from family farm and small business backgrounds.

The Litigation Transparency Act of 2025 requires parties in civil actions to disclose the identity of any third party entitled to payment contingent on the outcome of the case, along with the relevant agreements. This disclosure aims to increase transparency in civil litigation by revealing who financially benefits from the lawsuit's outcome. Certain payments, such as loan repayments and attorney's fees, are exempt from this disclosure requirement. The Act applies to both ongoing and future court cases.