Legislative Activity

This bill expresses the House of Representatives' support for maintaining the stepped-up basis under section 1014 of the Internal Revenue Code, which allows inherited assets to be adjusted to their current market value, protecting family-owned farms and small businesses from increased taxes. It opposes any changes to the tax code that would negatively impact the ability of these businesses to pass their operations on to the next generation. The bill recognizes the importance of generational transfers for the continuation of family farms, ranches, agribusinesses, and small businesses.

The TREAT PTSD Act mandates the Department of Veterans Affairs and the Department of Defense to provide stellate ganglion block (SGB) to veterans and members of the Armed Forces diagnosed with PTSD who elect to receive it after being fully informed of its risks and benefits. It allows the treatment to be furnished through VA or military medical facilities, or qualified healthcare providers. The bill also requires updating the VADOD Clinical Practice Guideline for PTSD management to include SGB as a therapy option.

This bill disapproves a recent rule issued by the Bureau of Consumer Financial Protection (BCFP) concerning the use of medical information by creditors and consumer reporting agencies. Utilizing the Congressional Review Act, Congress nullifies this specific BCFP regulation. Consequently, the rejected rule will have no legal effect.

The "Tanning Tax Repeal Act of 2025" eliminates the federal excise tax on indoor tanning services. This bill removes Chapter 49 from the Internal Revenue Code, effectively repealing the tax. The repeal is applicable for services provided after the bill's enactment.

The "Stop Fentanyl Money Laundering Act of 2025" aims to combat fentanyl and narcotics trafficking by enhancing financial institutions' ability to detect and report money laundering activities. It authorizes the Treasury Secretary to impose special measures against financial institutions involved in illicit fentanyl financing, mandates updated advisories on identifying Chinese professional money laundering networks, and requires guidance for reporting suspicious transactions linked to transnational criminal organizations involved in narcotics trafficking. The Act also calls for a comprehensive report on lessons learned from past drug crises to inform strategies for addressing the opioid crisis.

The Methane Reduction and Economic Growth Act amends existing tax law to create a new incentive credit for capturing methane gas emitted from mines. This credit mirrors the existing carbon capture tax structure, applying it specifically to qualified methane captured from mining operations. The goal is to encourage the capture and beneficial use of this potent greenhouse gas, provided certain construction and capture thresholds are met.

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 Access to Credit for our Rural Economy Act of 2025 (ACRE Act) creates a new federal tax incentive for qualified lenders. This incentive excludes income earned from interest on loans secured by rural or agricultural real property from taxation. The goal is to encourage lending for agricultural, forestry, and certain rural home improvement purposes while prohibiting loans to foreign adversary entities.

The Roberto Clemente Commemorative Coin Act directs the Department of Treasury to mint and issue gold, silver, and half-dollar coins in 2027 to commemorate the life and legacy of Roberto Clemente. The coins' designs will represent Clemente's life, including his baseball achievements and humanitarian work. Surcharges from the coin sales will benefit the Roberto Clemente Foundation, supporting their educational programs, youth sports initiatives, disaster relief efforts, and historic preservation projects. The Act ensures that the coin program will not incur any net cost to the United States government.

The "Federal Firearms Licensee Protection Act of 2025" increases penalties for stealing firearms from licensed dealers. It sets stricter punishments, including up to 20 years in prison, for violating laws related to firearm theft. The act also mandates minimum prison sentences of 3 years for burglaries and 5 years for robberies targeting licensed firearm businesses.

The "Maintaining Investments in New Innovation Act" amends the Social Security Act's definition of "qualifying single source drug" to include advanced drugs using genetically targeted technology. This update applies to drugs that can modify gene function, potentially impacting drug pricing and access regulations under the Act.

The "Rebuild America’s Health Care Schools Act of 2025" updates how Medicare reimburses hospitals for the costs of running nursing and allied health education programs. It broadens the definition of "reasonable costs" to include both direct and indirect expenses, regardless of whether they are incurred directly by the hospital or through related entities. The Act also requires the Secretary of Health and Human Services to issue rules implementing these changes and to refund hospitals for past cost reductions that would now be allowable. This aims to provide greater financial support for these crucial healthcare education programs.

The Truck Parking Safety Improvement Act establishes a grant program to expand commercial truck parking and improve safety. The program provides funds to states, local governments, and tribal entities for projects that increase parking availability, improve existing facilities, and use technology to manage parking. The Act also requires a biennial report to Congress on the availability of truck parking and the effectiveness of funded projects. It authorizes $151 million per fiscal year from 2025 through 2029 for these initiatives.

The SAFE Act of 2025 amends existing legislation to explicitly prohibit the slaughter of horses for human consumption, reinforcing protections for these animals. This bill seeks to prevent the inhumane treatment of American equines by closing loopholes that allow their slaughter and export for human consumption.

This resolution disapproves the Consumer Financial Protection Bureau’s final rule regarding the oversight of "larger participants" in the digital payment application market. If enacted, this measure prevents the rule from taking effect and ensures it holds no legal force.

The "Donald J. Trump $250 Bill Act" would require the Department of Treasury to print $250 Federal Reserve notes featuring a portrait of Donald J. Trump, to commemorate the 250th anniversary of the United States. This bill also amends existing law to allow the portrait of living Presidents to appear on United States currency and securities.

The Rectifying UDAAP Act amends the Consumer Financial Protection Act of 2010, modifying the rulemaking process for unfair, deceptive, or abusive acts or practices. It requires the CFPB to define "abusive act or practice," conduct cost-benefit analyses for new rules, and consider mitigating factors when assessing civil penalties. The act also sets new limitations and standards for the CFPB's enforcement authority, including where they can file enforcement actions, the clarity of their claims, and the remedies they can seek. Furthermore, it provides a notice and cure period for covered entities that self-report potential violations.

The PLUS for Veterans Act of 2025 aims to protect veterans by clarifying who can assist with VA claims, reinstating penalties for charging unauthorized fees, and ensuring fair representation. It requires agents and attorneys to apply for recognition, limits fees for initial claims, and mandates transparency regarding free services available to veterans. The Act also overrides conflicting state laws to ensure consistent enforcement of these protections.

This resolution authorizes a joint session of Congress to be held at Independence National Historical Park in Philadelphia on July 2, 2026. This historic meeting will commemorate the 250th anniversary of the signing of the Declaration of Independence.

The PAST Act of 2025 significantly strengthens the Horse Protection Act to combat the painful practice of soring in specific horse breeds. This bill increases penalties for violations, establishes stricter licensing and oversight for inspectors, and explicitly bans the use of "action devices" designed to cause unnatural gaits. The legislation aims to enhance enforcement, ensure fairer competition, and hold violators accountable through increased fines and disqualifications.