Legislative Activity

The Promoting New Bank Formation Act aims to encourage the creation of new banks by providing regulatory relief for newly insured institutions. This includes a three-year phase-in period for new capital standards and streamlined processes for adjusting initial business plans. The Act also establishes temporary, favorable capital requirements for new rural depository institutions and expands lending authority for Federal savings associations to include agricultural loans. Finally, it mandates a study on barriers to new bank formation, especially in underserved areas.

The SHORT Act aims to reform federal firearms regulations by redefining what constitutes a "firearm" for tax purposes, largely excluding antique or collector's items. It eliminates disparate federal treatment for short-barreled rifles and shotguns used lawfully and preempts state and local governments from imposing special taxes or registration requirements on these specific weapons. Furthermore, the bill mandates the destruction of certain existing federal registration and transfer records related to defined firearms.

The Mining Schools Act of 2025 establishes a competitive grant program, administered by the Secretary of Energy, to strengthen domestic mining education at specialized institutions. These grants aim to train the next generation of professionals needed for the nation's energy and mineral supply by focusing on modern extraction, critical minerals, and environmental responsibility. The Act also creates the Mining Professional Development Advisory Board to guide the grant selection process and repeals the older Mining and Mineral Resources Research Institute Act of 1984.

The Protecting Kids from Fentanyl Act of 2025 allows states to use Preventive Health and Health Services Block Grant funds to purchase life-saving opioid antagonists, such as naloxone, for schools. These funds can also cover essential training for school staff on administering the antagonists and providing fentanyl awareness education to students. This legislation aims to enhance school safety by equipping them to respond to opioid emergencies.

The First Responders Retirement Parity Act allows certain firefighters, EMTs, and paramedics employed by qualifying public safety agencies to participate in governmental pension plans. This ensures that these essential emergency response providers are treated similarly to other government employees under various federal retirement and benefit rules. The Act clarifies that including these specific providers will not jeopardize the tax status of the governmental pension plan.

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 Motorsports Fairness and Permanency Act of 2025 makes permanent a significant tax benefit for motorsports entertainment complexes. This legislation ensures these large venues can continue to use an accelerated 7-year recovery period for depreciating their building costs. By removing the previous expiration date, the Act provides long-term financial certainty for the industry.

This bill requires institutions of higher education to immediately report to SEVIS if they become aware that an F-1 or J-1 visa student has endorsed or supported a designated foreign terrorist organization. Upon confirmation, the Secretary of State must revoke the student's visa, and the Secretary of Homeland Security must initiate deportation proceedings. This measure aims to swiftly address national security risks posed by international students supporting terrorism.

The Down East Remembrance Act officially designates several specific creeks with new, permanent names recognized by the U.S. government. This legislation assigns names like Noah Styron Creek and Hunter Parks Creek based on precise geographic coordinates. Moving forward, all federal records and documents must use these newly established official names for the designated waterways.

The Fair and Open Competition Act of 2025 ensures fair competition on federally funded construction projects by prohibiting the government from requiring or penalizing bidders based on union agreements. This legislation aims to keep federal agencies neutral in labor relations while promoting cost savings and opening opportunities for all businesses. Exceptions to this neutrality rule are strictly limited to specific public health, safety, or national security emergencies.

The Stop CCP VISAs Act of 2025 prohibits the issuance of F, J, and M nonimmigrant visas to nationals of the People's Republic of China if their primary purpose for entering the U.S. is to conduct research or study. This legislation aims to safeguard American intellectual property by restricting academic and student exchange visas for Chinese nationals.

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.

The BITCOIN Act of 2025 establishes a Strategic Bitcoin Reserve to secure and manage government-held Bitcoin, viewing it as a national asset for financial stability. The Act mandates the Secretary of the Treasury to initiate a five-year program to purchase 1,000,000 Bitcoins for long-term holding. Furthermore, it institutes strict public proof-of-reserve requirements and explicitly protects the private property rights of individuals to own and control their own Bitcoin.

This resolution expresses the sense of Congress that Nigeria should be designated as a Country of Particular Concern due to severe violations of religious freedom. It urges the Nigerian government to protect religious minorities, prosecute those responsible for violence, and ensure religious freedom. The resolution also calls for increased U.S. diplomatic efforts and potential sanctions on individuals and groups responsible for religious freedom violations in Nigeria.

This bill, the Generating Retirement Ownership through Long-Term Holding Act, allows individual investors to defer paying taxes on capital gain dividends from mutual funds if those dividends are automatically reinvested into more fund shares. Taxes on these deferred gains are only due when the investor sells the shares or upon death. This provision aims to encourage long-term investment in mutual funds by providing immediate tax relief on reinvested earnings.

The Providing Veterans Essential Medications Act allows State homes caring for veterans to choose how they receive reimbursement for very high-cost medications. State homes can opt to be reimbursed directly for the medication's cost or have the Secretary of the VA furnish the drug directly. This provision applies only when the cost of a specific medication exceeds a defined threshold relative to the standard monthly payment for that veteran's care.

The No Tax Breaks for Sanctuary Cities Act proposes to revoke the tax-exempt status for bonds issued by state or local governments designated as "sanctuary jurisdictions." A sanctuary jurisdiction is defined as one that restricts its officials from sharing immigration status information or complying with federal detainers/release notifications from Homeland Security. This change would apply to bonds issued after the date the Act becomes law.

The Disaster Mitigation and Tax Parity Act of 2025 allows individuals to exclude from their gross income any payments or benefits they receive from state-based catastrophe loss mitigation programs designed to help homeowners protect their properties from disasters such as windstorms, earthquakes, or wildfires. These payments will not affect the property's basis, and the exclusion is applicable retroactively for taxable years starting after December 31, 2020, allowing individuals to claim the exclusion retroactively.

This bill expresses condolences for the 67 lives lost in the American Eagle Flight 5342 and PAT 25 crash near Ronald Reagan Washington National Airport on January 29, 2025. It recognizes the impact on Wichita, Kansas, and acknowledges the cooperation of officials in responding to the tragedy and assisting the families. The bill also commends the heroic actions of first responders and emergency services personnel.

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.