Legislative Activity

The "Promoting Domestic Energy Production Act" revises the tax treatment of intangible drilling and development costs for oil and gas operations. It modifies how these costs are handled when calculating adjusted financial statement income, aligning depreciation and expense deductions more closely with taxable income standards. These adjustments impact depreciation deductions under section 167 and deductions for expenses under section 263(c) of the Internal Revenue Code. The changes will be effective for taxable years starting after December 31, 2025.

This bill proposes a constitutional amendment to fix the number of Supreme Court justices at nine. For this amendment to be valid, three-fourths of the state legislatures must ratify it within seven years of its submission.

The "Defending American Jobs and Investment Act" combats unfair foreign taxes by requiring reports on countries with extraterritorial or discriminatory taxes, mandating engagement with those countries to address these issues, and authorizing remedial actions such as increased tax rates and procurement prohibitions. This act aims to protect U.S. businesses and investments from discriminatory tax practices and ensure fair international trade.

The "Restore Department of Veterans Affairs Accountability Act of 2025" aims to improve accountability within the VA by modifying procedures for disciplining VA supervisors, senior executives, and other employees for misconduct or poor performance. It expedites the disciplinary process, limits external review of disciplinary actions, and broadens the scope of employees subject to these procedures. The bill emphasizes the VA Secretary's authority in disciplinary matters, while also protecting whistleblowers. These changes apply retroactively to misconduct or performance issues dating back to the enactment of the Department of Veterans Affairs Accountability and Whistleblower Protection Act of 2017.

The Lumbee Fairness Act grants federal recognition to the Lumbee Tribe of North Carolina, making them eligible for federal services and benefits. It directs the Secretary of the Interior to verify the tribal roll and allows the Department of Interior to take land into trust for the tribe. The State of North Carolina maintains jurisdiction over criminal and civil actions, unless jurisdiction is transferred to the United States.

The NO GOTION Act aims to block green energy tax benefits for companies with connections to countries of concern, such as China, Russia, Iran, and North Korea. It denies specific tax credits and benefits to companies created, organized, or controlled by these countries, or by entities connected to them. This applies to various sections of the Internal Revenue Code related to green energy incentives. The changes will be effective for taxable years starting after the Act's enactment.

The "AMERICANS Act" addresses the COVID-19 vaccine mandate's impact on service members by preventing new mandates without congressional approval and prohibiting adverse actions based solely on vaccination status. It offers remedies for those discharged or negatively affected, including discharge upgrades, reinstatement, and compensation. The act prioritizes retaining unvaccinated members, limits consideration of vaccination status for assignments, requires a COVID-19 vaccine exemption process, and terminates bonus repayment obligations for those separated due to vaccine refusal.

The United States-Taiwan Expedited Double-Tax Relief Act aims to reduce double taxation and encourage economic activity between the U.S. and Taiwan by lowering tax rates on certain income for Taiwanese residents and businesses in the U.S., contingent upon Taiwan offering reciprocal benefits to U.S. individuals and companies. Additionally, the United States-Taiwan Tax Agreement Authorization Act outlines the process for establishing a tax agreement with Taiwan, ensuring congressional oversight and adherence to existing U.S. tax laws, to further reduce double taxation.

The "Repealing Big Brother Overreach Act" repeals the Corporate Transparency Act, eliminating the requirement for companies to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). It also makes necessary technical adjustments to Title 31 of the United States Code, specifically sections related to financial recordkeeping and reporting of currency and foreign transactions, to reflect the repeal.

The FAIR PREP Act of 2025 prohibits the Treasury Secretary from preparing tax returns or refund claims, including through IRS-run electronic services, with exceptions for qualified programs like the IRS Free File Program. It defines "prepare" and "electronic tax preparation service" to clarify the scope of the prohibition, which applies to returns filed more than 30 days after enactment. The Act also restricts the Treasury Secretary from spending funds on developing or operating electronic tax preparation services without explicit authorization from a new law.

The TRUST in Congress Act mandates that members of Congress, their spouses, and dependent children place covered investments, such as securities and commodities, into qualified blind trusts within a specified timeframe. These trusts must remain in place until 180 days after the member leaves office, ensuring that investment decisions are made without the member's knowledge or influence. Members must certify their compliance or declare the absence of covered investments, with these certifications being made public. An exception is provided for spouses or dependent children whose primary income is derived from a covered investment.

This bill expresses support for the Geneva Consensus Declaration, which promotes women's health, strengthens the family, and upholds national sovereignty in healthcare. It affirms the principles of the declaration, including the value of life and the family's role in society and seeks to ensure that U.S. policy aligns with these values by not funding abortions or coercive family planning in foreign countries. The bill also encourages other countries to uphold these principles.

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.

The POLICE Act of 2025 mandates the deportation of any immigrant convicted of, admitting to, or admitting to actions constituting the assault of a law enforcement officer. It broadly defines "assault" and "law enforcement officer" and requires the Department of Homeland Security to publish an annual report on the number of deportations carried out under this provision.

The "No Bailout for Sanctuary Cities Act" aims to withhold certain federal funds from state and local governments deemed "sanctuary jurisdictions" that obstruct the sharing of immigration status information or compliance with detainment requests from Homeland Security. These jurisdictions would be ineligible for federal funds intended to benefit individuals in the U.S. without legal immigration status. The Department of Homeland Security is required to report annually to the House and Senate Judiciary Committees on non-compliant states and local governments.

The "Family and Small Business Taxpayer Protection Act" rescinds any unspent funds that were previously allocated to the IRS. These funds were intended for specific activities outlined in section 10301 of Public Law 117-169. The rescission is effective from the date of the enactment of this act.