Legislative Activity

The "Credit Union Board Modernization Act" amends the Federal Credit Union Act to reduce the frequency of board of directors meetings for well-managed federal credit unions. New federal credit unions are required to meet monthly for the first five years, while those with strong ratings must meet at least six times annually after the initial period. Credit unions with lower ratings will still be required to meet monthly.

The "Supporting Made in America Energy Act" mandates the Secretary of the Interior to conduct a minimum number of oil and natural gas lease sales annually for both onshore and offshore lands, including specific requirements for the Gulf of Mexico and Alaska regions. It extends the moratorium on oil and gas leasing in the Eastern Gulf of Mexico until December 31, 2035, and sets deadlines for preparing subsequent oil and gas leasing programs. The Act also restricts the President's authority to pause or impede Federal energy mineral leasing processes without congressional approval.

This resolution supports the goals and ideals of "Career and Technical Education Month" by recognizing the importance of career and technical education (CTE) in preparing students for the workforce. It acknowledges the significant number of students enrolled in CTE programs and the positive impact of CTE on academic achievement and employability. The resolution expresses the Senate's support for designating February 2025 as Career and Technical Education Month.

The "Family Farm and Small Business Exemption Act" exempts family farms and small businesses from being considered as assets when calculating eligibility for federal financial aid under the Higher Education Act of 1965. This exemption applies to family farms where the family resides and small businesses with 100 or fewer employees that the family owns and controls. These changes will apply to financial aid award years starting after the enactment of this Act.

The STEAM Act aims to streamline the development of geothermal energy resources. It amends the Energy Policy Act of 2005 to include the Geothermal Steam Act of 1970, expanding NEPA review exemptions to geothermal resource exploration. This inclusion aims to accelerate geothermal projects by aligning them with existing streamlined processes for gas resource development.

The New Markets Tax Credit Extension Act of 2025 permanently extends the New Markets Tax Credit, originally set to expire after 2025, to encourage investment in low-income communities. The bill also adjusts the credit amount for inflation after 2025 and provides alternative minimum tax relief for credits on qualified equity investments made after December 31, 2024. These changes aim to incentivize ongoing investment in economically distressed areas.

The "Restoring State Mineral Revenues Act" eliminates an administrative fee charged under the Mineral Leasing Act, which will likely increase the amount of revenue states receive from mineral leasing on federal lands. It also makes necessary technical and conforming changes to other related laws, such as the Geothermal Steam Act of 1970 and the Federal Oil and Gas Royalty Management Act of 1982, to reflect the elimination of this fee.

This joint resolution proposes a constitutional amendment to fix the number of Supreme Court justices at nine. State legislatures must ratify the amendment within seven years, with a three-fourths majority required for approval.

The AM Radio for Every Vehicle Act of 2025 mandates that new passenger vehicles sold in the U.S. must include standard equipment capable of receiving AM broadcast signals within a few years of the law's enactment. This requirement aims to ensure drivers retain access to crucial emergency alerts, overriding conflicting state or local laws. The bill also directs the GAO to study the reliability of AM radio versus other emergency alert technologies in vehicles.

The American Beef Labeling Act of 2025 amends the Agricultural Marketing Act of 1946 to mandate country-of-origin labeling (MCOOL) for beef and ground beef. It requires the United States Trade Representative, in consultation with the Secretary of Agriculture, to find a way to reinstate MCOOL for beef in compliance with World Trade Organization rules. The changes to beef labeling will take effect within one year of enactment.

The "Enhancing Energy Recovery Act" amends the Internal Revenue Code to update and broaden the criteria for carbon oxide disposal, use, or utilization, including secure geological storage and enhanced oil or natural gas recovery. It adjusts the applicable dollar amount for carbon oxide disposal, setting it at $17, adjusted for inflation, with a higher rate of $36 for projects meeting specific requirements. These changes apply to taxable years starting after December 31, 2024.

The Fair Access to Banking Act aims to ensure equal access to financial services by preventing banks and credit unions from denying services to individuals or entities engaged in lawful activities based on subjective or politically motivated reasons. It sets requirements for banks with over $10 billion in assets, prohibiting them from denying services based on reputational risk and requiring them to justify denials with documented, risk-based standards. The act also allows individuals to sue financial institutions that violate these requirements, with the potential for treble damages and attorney fees awarded to successful plaintiffs. Furthermore, it restricts access to Federal Reserve lending programs and the Automated Clearing House Network for institutions that fail to comply with the Act.

The "JOBS Act of 2025" expands Federal Pell Grant eligibility to students enrolled in short-term job training programs (150-600 hours) that lead to credentials in high-demand fields. These programs must meet specific requirements, including alignment with industry needs and assurance from state boards. The act also requires accrediting agencies to assess the quality of these programs and mandates data sharing between the Departments of Education and Labor. Finally, the bill lowers the threshold for the minimum Federal Pell Grant from 10 percent to 5 percent.

The Hearing Protection Act seeks to remove silencers from special regulation under federal tax law, treating them similarly to standard firearms components. This bill preempts state and local governments from imposing special taxes or registration requirements on silencers involved in interstate commerce. Furthermore, it mandates the destruction of existing federal records identifying silencer owners and establishes new serial number marking requirements for manufacturers.

The Purple Heart Veterans Education Act of 2025 allows veterans awarded the Purple Heart after September 11, 2001, to transfer their unused Post-9/11 GI Bill education benefits to eligible family members. It defines eligible dependents, sets conditions for benefit use, and allows veterans to modify or revoke transfers. The bill also addresses scenarios involving the death of the veteran and sets age limits for child transferees, ensuring dependents receive the same educational assistance as the veteran.

This resolution designates the week beginning February 3, 2025, as "National Tribal Colleges and Universities Week," recognizing the vital role of TCUs in providing culturally relevant education to American Indians, Alaska Natives, and other students. TCUs serve over 230 federally recognized Indian Tribes by offering high-quality postsecondary education and workforce preparation. The resolution encourages the public to participate in activities and programs that support these institutions.

The "Charitable Act" modifies and extends the deduction for charitable contributions for individuals who do not itemize deductions. For the 2026 and 2027 tax years, the deduction is capped at one-third of the standard deduction for the individual. The bill also eliminates a penalty related to this deduction. These changes are effective for taxable years beginning after December 31, 2025.

The Laken Riley Act mandates the detention of illegal aliens who commit theft, burglary, larceny, or shoplifting. It empowers state attorneys general to sue the Department of Homeland Security or the Secretary of State if they believe the state or its residents are harmed by violations of immigration enforcement or visa granting. The bill aims to ensure that these aliens are detained throughout their removal proceedings and to provide states with legal recourse against perceived failures in federal immigration enforcement.

This concurrent resolution recognizes the significant historical and ongoing contributions of tax-exempt fraternal benefit societies to communities across the United States. It acknowledges their extensive volunteer network and substantial charitable giving, which helps to meet various needs and support financial security. The resolution affirms that their tax-exempt status continues to benefit the country and that their work should be encouraged.

The "Guidance Out Of Darkness Act" or the "GOOD Act" mandates federal agencies to publish both new and existing guidance documents online in a central, easily accessible location. This aims to increase transparency by ensuring the public has access to agency policies and interpretations. The Act requires agencies to categorize these documents and maintain a record of rescinded guidance, while also exempting information protected by the Freedom of Information Act.