Legislative Activity

The "End Oil and Gas Tax Subsidies Act of 2025" aims to eliminate various tax benefits and subsidies currently provided to the oil and gas industry. It repeals or modifies provisions related to amortization of geological expenditures, tax credits for marginal wells and enhanced oil recovery, intangible drilling costs, percentage depletion for oil and gas wells, deductions for tertiary injectants, and passive loss limitations. The act also prohibits major integrated oil companies from using last-in, first-out (LIFO) accounting and modifies foreign tax credit rules for dual capacity taxpayers. Additionally, the bill clarifies the definition of crude oil for excise tax purposes to include tar sands.

The Goldie's Act seeks to strengthen the USDA's enforcement of the Animal Welfare Act by mandating annual inspections, requiring humane treatment of suffering animals, and imposing significant penalties for violations. It ensures transparency through mandated sharing of violation records and sets firm guidelines for determining penalties based on the severity and frequency of violations. The Act also enables legal action to recover unpaid penalties and penalizes the disobedience of "cease and desist" orders.

The Disaster Reforestation Act modifies the rules for deducting casualty losses of uncut timber due to fire, storm, theft, or other casualties. Taxpayers can deduct losses based on the difference between the timber's appraised value before the loss and its salvage value, with specific appraisal and reforestation requirements. The definition of "other casualties" includes losses from wood-destroying insects or invasive species, or severe drought. It applies to timber held for sale in a trade or business that is not a passive activity for losses sustained in taxable years beginning after the enactment of this Act.

This bill honors the life, achievements, and legacy of Jimmy Carter, recognizing his service as a naval officer, farmer, state senator, Governor, and President. It also acknowledges his post-presidency work promoting peace, democracy, and human rights through the Carter Center, as well as his dedication to Habitat for Humanity. The bill expresses condolences to his family upon his passing and celebrates his lasting impact as a leader and statesman.

The Capitol Remembrance Act mandates the creation of a permanent exhibit within the Capitol Building to memorialize the January 6, 2021, attack. This exhibit will feature damaged property, photographs, and a plaque honoring law enforcement, fallen heroes, injured officers, and Capitol staff. The goal is to ensure future generations understand the events of that day and the sacrifices made to protect the Capitol. Appropriations are authorized to complete the exhibit within two years.

The Washington, D.C. Admission Act outlines the process for Washington, D.C., to become the State of Washington, Douglass Commonwealth, while establishing a separate U.S. Capital. It addresses the transition of laws, property, and governance, ensuring continued federal operations and representation for D.C. residents. The Act also covers federal responsibilities, courts, elections, and benefit programs during the transition, establishing a commission to oversee the process and mandating presidential certification.