Legislative Activity

This bill, called the "Incentivizing Readiness and Environmental Protection Integration Sales Act of 2025," allows taxpayers to exclude gains from their gross income when selling real property interests to qualified organizations for Readiness and Environmental Protection Integration (REPI) program purposes. The exclusion does not apply to sales by pass-through entities within three years of acquisition, with an exception for family-owned entities. This exclusion encourages land conservation and military readiness. It applies to taxable years beginning after the bill's enactment.

The "Medicare Patient Access and Practice Stabilization Act of 2025" extends increased Medicare payment support for physicians and practitioners through 2025. It increases payment rates by 6.62% for services provided from April 1, 2025, to January 1, 2026. The bill also updates a section of the Social Security Act to include the years 2021 through 2025 for conforming changes.

The "End China's De Minimis Abuse Act" amends the Tariff Act of 1930 to prevent duty-free treatment for goods that circumvent trade restrictions or are split into multiple shipments to avoid duties. It mandates electronic filing of tariff classifications for goods from countries subject to Section 301 of the Trade Act of 1974 and establishes penalties for violations. These changes aim to close loopholes that allow certain imports to bypass tariffs and trade regulations. The act will take effect 30 days after enactment.