Legislative Activity

The Promotion and Expansion of Private Employee Ownership Act of 2025 aims to significantly boost employee ownership in S corporations through Employee Stock Ownership Plans (ESOPs). The bill extends key tax deferral benefits for stock sales to ESOPs and removes a major restriction on this tax treatment. Furthermore, it establishes new government offices and an Advocate for Employee Ownership to provide technical assistance and resolve disputes, while ensuring ESOP-owned businesses retain small business status for federal programs.

The Safeguard American Voter Eligibility Act (SAVE Act) significantly amends federal law to require individuals registering to vote in federal elections to present documentary proof of U.S. citizenship. This legislation mandates that states actively clean their voter rolls and cooperate with federal agencies to verify citizenship status. It establishes new criminal penalties for officials who fail to enforce these documentation requirements.

The Neighborhood Homes Investment Act establishes a new federal tax credit designed to close the financing gap hindering the construction and rehabilitation of affordable starter homes in distressed communities. This credit incentivizes developers to build or substantially renovate housing in specific low-income census tracts and sell it affordably to qualified moderate-income homeowners. State agencies will manage the allocation of these credits, ensuring projects meet affordability standards and promoting revitalization in struggling neighborhoods.

The Sanctioning Russia Act of 2025 imposes sweeping economic penalties on the Russian Federation in response to its aggression against Ukraine. This legislation mandates severe, immediate sanctions against key Russian officials, financial institutions, and energy sector entities, including asset freezes and trade prohibitions. Furthermore, the Act dramatically increases import duties on Russian goods and requires the President to review and reimpose these measures until Russia negotiates a lasting peace with Ukraine.

The EASE Act of 2025 mandates that the Center for Medicare and Medicaid Innovation (CMMI) test a new model to improve access to specialty health services. This "Specialty Health Care Services Access Model" will utilize digital tools, like telehealth, to connect eligible Medicare, Medicaid, and CHIP beneficiaries in rural or underserved areas with necessary specialty care. The model must be tested through a network of qualified, experienced, and primarily rural-based nonprofit providers.

The Secure Family Futures Act of 2025 modifies tax treatment for certain debt holdings of applicable insurance companies, excluding specific debt instruments from being treated as capital assets for tax purposes. Additionally, this Act extends the capital loss carryover period to 10 years for specified losses incurred by these insurance companies. These changes apply only to transactions occurring after December 31, 2025.

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 Unfair Tax Prevention Act amends the Base Erosion and Anti-Abuse Tax (BEAT) rules to specifically target certain U.S. companies connected to foreign tax systems operating outside their direct jurisdiction. These "foreign-owned extraterritorial tax regime entities" will now be automatically subject to BEAT, with specific exceptions removed and a portion of their cost of goods sold automatically treated as a base erosion benefit. This legislation aims to close loopholes related to complex, indirect foreign ownership structures.

The Modern, Clean, and Safe Trucks Act of 2025 repeals the outdated 12-percent Federal excise tax on new heavy trucks and trailers. This repeal aims to lower costs, encouraging fleet owners to replace aging vehicles with modern, safer, and more fuel-efficient models. By removing this significant tax burden, the bill seeks to accelerate the adoption of cleaner engine technology and improve overall road safety. The Act also includes technical updates to the tax code related to the removal of this long-standing tax.

The **SCREENS for Cancer Act of 2025** seeks to reauthorize and update the National Breast and Cervical Cancer Early Detection Program (NBCCEDP). This legislation expands the program's focus to include cancer prevention and aims to reduce health disparities in screening access. The bill authorizes $235 million annually for fiscal years 2026 through 2030 and mandates a GAO study on program eligibility and service trends.

The Constitutional Concealed Carry Reciprocity Act of 2025 establishes a national standard for carrying concealed handguns across state lines. This act allows individuals legally permitted to carry in their home state to carry concealed in any other state that allows its residents to carry concealed firearms. The law does not override private property restrictions or prohibitions on government property, but it provides protections and legal recourse for those traveling in compliance with the new federal standard.

The Foreign Investment Guardrails to Help Thwart (FIGHT) China Act aims to protect U.S. national security by imposing sanctions on certain foreign persons and restricting U.S. investments in sensitive technologies within China. The bill establishes new prohibitions and mandatory reporting requirements for U.S. persons engaging in covered national security transactions involving specific prohibited technologies. Furthermore, it mandates the creation of a "Non-SDN Chinese Military-Industrial Complex Companies List" and requires divestment from securities in companies placed on that list.

The Medical Supply Chain Resiliency Act aims to secure the U.S. supply of critical medical goods by diversifying trade relationships and reducing reliance on high-risk sources. It authorizes the President to enter into special "trusted trade partner agreements" that lower trade barriers with reliable allies. These agreements focus on regulatory cooperation, intellectual property protection, and ensuring supply chain stability during public health emergencies. The bill also establishes strict reporting and oversight mechanisms for Congress before any such agreement can take effect.

This bill amends the Internal Revenue Code to restore and modify the asset test for Real Estate Investment Trust (REIT) taxable REIT subsidiaries (TRSs). Specifically, it increases the allowable percentage for certain assets held by a TRS from 20 percent to 25 percent. This change will take effect for tax years beginning after December 31, 2025.

The Cerebral Palsy Research Program Authorization Act of 2025 establishes a dedicated research program for cerebral palsy (CP) within the CDC. This program will focus on improving diagnosis, treatment, prevention, and understanding the public health impact of CP. The Act authorizes $5 million annually from 2026 through 2031 to fund these critical research efforts.

The Protecting Access to Ground Ambulance Medical Services Act of 2025 extends the current Medicare payment structure for ground ambulance services. This change ensures continuity in how these vital services are reimbursed under existing rules. Specifically, the temporary payment pilot program is extended through 2028, preventing an immediate change in payment policy.

The Restore Protections for Dialysis Patients Act aims to prevent private health insurance plans from discriminating against patients with End-Stage Renal Disease (ESRD). This legislation clarifies that plans cannot offer worse benefits or unfairly limit coverage for dialysis treatments compared to other medical services. Furthermore, it stops these plans from shifting the primary financial responsibility for ESRD care onto Medicare. The bill maintains existing rules ensuring fair treatment while preserving a health plan's ability to select its network of dialysis providers.

This resolution urges Congress and the administration to work together to address the decline in U.S. food and agricultural exports by expanding market access, reducing trade barriers, and supporting domestic trade promotion programs. It emphasizes the importance of trade agreements and the enforcement of existing commitments to ensure global competitiveness for U.S. farmers and ranchers. The resolution seeks a global trading system grounded in scientific principles to bolster the U.S. agricultural sector.

The Innovative FEED Act of 2025 establishes a new regulatory category for "zootechnical animal food substances" intended to modify animal digestive byproducts or reduce foodborne pathogens without treating disease. This bill mandates that these new substances must undergo the standard food additive approval process with the FDA, requiring petitioners to provide extensive data on their intended effects. Approval is contingent upon proving the substance achieves its claimed function under proposed use conditions, and all resulting animal food must carry a specific disclaimer stating it is not for disease treatment.

The Major Richard Star Act ensures that military retirees with combat-related disabilities can receive both their military retirement pay and VA disability compensation concurrently without reduction. This law removes previous restrictions that caused military retirement pay to be offset by VA disability payments for these specific cases. The changes take effect on the first day of the month following the Act's enactment.