Legislative Activity

The Improving Access to Small Business Information Act exempts actions taken by the Advocate for Small Business Capital Formation from most requirements of the Paperwork Reduction Act. This change allows the Advocate to operate more efficiently by streamlining the process for gathering necessary information. While most paperwork reviews are waived, certain procedural oversight responsibilities remain with the Securities and Exchange Commission (SEC).

The Middle Market IPO Cost Act mandates a comprehensive study, led by the Comptroller General in coordination with the SEC and FINRA, to analyze the direct and indirect costs associated with Initial Public Offerings (IPOs) for small and medium-sized companies. This analysis will compare IPO expenses against alternative financing methods and assess the impact of these costs on capital formation and retail investors. The final report, due within 360 days, must include findings and recommendations for legislative or administrative changes.

The Small Entity Update Act mandates that the Securities and Exchange Commission (SEC) periodically study and update its definition of "small entity" for regulatory purposes. This process requires the SEC to report findings and recommendations to Congress to ensure the definition aligns with market growth and covers a meaningful number of businesses. Following these studies, the SEC must revise its rules and periodically adjust any associated dollar thresholds for inflation.

The Anti-CBDC Surveillance State Act strictly prohibits the Federal Reserve from directly or indirectly issuing a Central Bank Digital Currency (CBDC) to individuals. This legislation prevents the Fed from developing, testing, or implementing any digital currency that functions as a direct liability of the Federal Reserve. Furthermore, Congress asserts that any authority to create such a digital asset must explicitly come from Congress itself.

The Protecting Access for Hunters and Anglers Act generally prohibits federal agencies from banning the use of lead ammunition or tackle on federal lands and waters open to hunting or fishing. Exceptions are allowed only for specific federal units where scientific data proves lead use is causing wildlife decline, and the restriction aligns with state law or policy. This legislation aims to maintain traditional hunting and fishing practices across most federal domains.

This resolution formally condemns the violent attack on the U.S. Border Patrol facility in McAllen, Texas, on July 7, 2025. It expresses support for the injured agents and reaffirms Congress's strong backing for the dedicated men and women of the Border Patrol. The bill emphasizes that such violence against law enforcement is unacceptable and undermines national security efforts.

The Black Vulture Relief Act authorizes livestock producers and their employees to take action against black vultures that pose an imminent threat to their livestock. This permission overrides certain existing regulations but strictly prohibits the use of poison. Those who take vultures under this authority must submit an annual report to the U.S. Fish and Wildlife Service once the required reporting form is made available.

The Defend Girls Athletics Act mandates that elementary, secondary, and higher education institutions must certify compliance with Executive Order 14201 regarding biological fairness in women's sports to receive federal funding. This certification must be renewed annually for K-12 districts and by July 1st for colleges and universities. Failure to comply or report results in the immediate requirement to return unobligated federal funds and ineligibility for future federal financial assistance until compliance is restored.

The Pharmacy Benefit Manager Reform Act of 2025 aims to increase transparency and accountability across the prescription drug supply chain. It mandates fairer pharmacy network access for Medicare beneficiaries and imposes strict new financial reporting and service fee requirements on Pharmacy Benefit Managers (PBMs) working with Medicare and private health plans. Furthermore, the bill establishes new federal mechanisms to accurately track drug acquisition costs in Medicaid and explicitly bans the practice of "spread pricing" in state Medicaid contracts.

This bill mandates increased transparency and verification for all federal government spending by requiring agencies to report detailed payment information to the Treasury. It enhances program integrity by granting the Treasury access to new hire and tax data to prevent and recover improper payments. Agencies must also verify recipient bank accounts before disbursement, with exceptions allowed only for sensitive national security or law enforcement operations.

The Contact Lens Prescription Verification Modernization Act updates existing law to ensure consumers can easily obtain and use their contact lens prescriptions. This bill specifically requires online sellers to provide a HIPAA-compliant method for electronically receiving prescriptions and mandates encryption for any protected health information sent via email. Additionally, it updates seller record-keeping requirements to include customer email addresses.

This bill seeks to immediately nullify the Department of Labor's recently published final rule updating the Davis-Bacon and Related Acts regulation. If enacted, the measure would ensure that the new wage rule, published on August 24, 2023, has no force or legal effect. Essentially, this legislation cancels the Department of Labor's latest changes to the prevailing wage requirements for federally funded construction projects.

The Poarch Band of Creek Indians Parity Act officially confirms the tribe's status under the Indian Reorganization Act of 1934, treating them as if they were under federal jurisdiction since that date. This legislation also validates and confirms all land previously taken into trust by the Secretary of the Interior for the benefit of the tribe. Essentially, the bill ensures parity and legal certainty regarding the tribe's historical relationship with the federal government concerning land and recognition.

The Protect RAIL Act amends immigration law to prevent non-citizens convicted of or admitting to crimes involving the theft or tampering of goods shipped across state or international lines from entering the United States. Furthermore, this bill makes non-citizens already in the U.S. deportable if they have committed such offenses related to interstate or foreign shipments.

The Fair Investment Opportunities for Professional Experts Act updates the definition of an "accredited investor" to expand access to certain investment opportunities. This bill lowers the net worth threshold to \$1 million while excluding a primary residence from the calculation, and it introduces new qualification paths based on specific income levels or professional financial licensing. The SEC is required to update its regulations to reflect these changes within 180 days of the Act's passage.

The Expanding Access to Capital for Rural Job Creators Act mandates that regulatory bodies explicitly include rural-area small businesses when considering advisory roles and consultations related to capital access. This amendment ensures that the unique needs of rural businesses are recognized alongside other specific small business categories, like women-owned businesses. The goal is to improve capital access for job creators in rural America.

The Encouraging Public Offerings Act of 2025 aims to streamline the process for companies going public. It expands the ability for all issuers, not just smaller ones, to "test the waters" with potential investors before filing. Additionally, the Act modifies rules to allow most companies to confidentially submit draft registration statements to the SEC for review prior to public filing. The SEC is granted authority to establish specific regulations for non-emerging growth companies under these new provisions.

The Agricultural Risk Review Act of 2025 ensures the Secretary of Agriculture has a seat on the Committee on Foreign Investment in the United States (CFIUS) for reviews involving agricultural land, biotechnology, or the food industry. This legislation mandates that specific committees review certain agricultural land transactions involving foreign entities from designated adversarial nations. These new provisions aim to enhance national security by scrutinizing foreign investment in critical U.S. agricultural assets.

The Charlotte Woodward Organ Transplant Discrimination Prevention Act prohibits discrimination against qualified individuals with disabilities in all aspects of the organ transplant process. This legislation ensures that a disability alone cannot be a basis for denying a transplant, referral, or listing. It mandates reasonable modifications and the provision of necessary support, including recognizing support networks, unless the disability presents a medically significant barrier to the transplant itself. The Act ensures these protections apply from initial evaluation through post-transplant care and does not diminish existing state or local protections.

This joint resolution expresses Congressional disapproval of the Environmental Protection Agency's (EPA) rule regarding California's "Advanced Clean Cars II" vehicle pollution standards. By rejecting this rule, Congress is effectively canceling the EPA's decision to grant California a waiver allowing it to set stricter emission standards than federal law typically permits. Consequently, the approved California standards will not take effect.