Legislative Activity

The 504 Program Risk Oversight Act mandates that the Small Business Administration (SBA) conduct an annual, detailed risk analysis of its entire portfolio of guaranteed 504 loans. The SBA Administrator must then submit a comprehensive report detailing this risk profile—broken down by industry, loan size, and business age—to Congress annually. This report must also outline steps taken to mitigate identified risks and will be made publicly available shortly after submission.

This resolution formally recognizes the historical significance of the yellow flag with three red stripes as the former flag of the Republic of Vietnam. Congress acknowledges this flag as a powerful symbol of freedom and democracy for the Vietnamese-American community. The bill affirms the flag's importance to those who fled communism and their enduring commitment to democratic values.

This act, the SBIR/STTR Foreign Interference Safeguard Act, extends the Small Business Administration's security risk assessment program until 2030. It also establishes new safeguards to prevent small businesses majority-owned by certain investment firms from receiving SBIR awards if they are controlled by a "covered foreign entity." The legislation clearly defines what constitutes a "covered foreign entity" and a "foreign entity of concern" for the purpose of these restrictions.

The Baby Food Tax Relief Act explicitly prohibits the President from imposing new or existing tariffs or duties on essential baby items like bottles, formula, and breast pumps using the International Emergency Economic Powers Act (IEEPA) or similar authorities. This legislation ensures that these necessary goods remain free from such taxation.

This resolution expresses Congressional support for designating June 19, 2025, as "Veterans of the Republic of Vietnam Armed Forces Day." It aims to honor the service, sacrifice, and significant contributions of South Vietnamese veterans who fought alongside U.S. forces. The bill further recognizes the hardships these veterans and their families faced after the war and acknowledges their ongoing contributions as American citizens.

This resolution commemorates the 50th anniversary of the Fall of Saigon and recognizes the profound contributions of Vietnamese Americans to the United States. It honors those who fled the communist regime after April 30, 1975, and reaffirms American commitment to democracy and human rights. The bill encourages all citizens to observe this anniversary and remember the sacrifices made in the pursuit of freedom.

The Protect Veteran Jobs Act allows wrongly fired or dismissed veterans in civil service jobs between January 20, 2025, and the Act's enactment date to be reinstated to their previous position or a similar one. It mandates executive branch agencies to report to Congress every three months on all veteran employees who were fired or dismissed and the reasons for their termination, effective until January 20, 2029. The Act relies on existing U.S. Code definitions for key terms like "veteran" and "civil service."