Legislative Activity

This resolution commemorates the 80th anniversary of the Battle of Iwo Jima, recognizing the valor and sacrifice of the U.S. service members involved. It acknowledges the battle's significance in securing victory in the Pacific during World War II and honors the reconciliation between the United States and Japan. The resolution also encourages Americans to remember and honor the veterans of Iwo Jima.

The BARCODE Efficiency Act requires the IRS to use barcode scanning and optical character recognition technology to convert paper tax returns and correspondence into electronic formats, with exceptions reported to Congress. This aims to improve the efficiency of processing tax returns and correspondence. The changes will be implemented at different times depending on the type of return or correspondence, starting with individual income tax returns.

The STRATEGIC Minerals Act aims to secure the U.S. supply chain of critical minerals and rare earth elements by authorizing the President to negotiate and enter into free trade agreements with countries that meet specific requirements. It sets negotiating objectives to reduce trade barriers, improve international trade rules, and foster economic growth while promoting sustainable practices and protecting worker rights. The Act also expands the definition of "domestic source" under the Defense Production Act to include businesses in free trade agreement countries, subject to restrictions on foreign ownership and ties to entities of concern, and requires the Secretary of Defense to determine mineral supply deficiencies. The Act seeks to ensure a stable and secure supply of minerals essential for advanced technology, economic growth, and national security.

The "Small Business Technological Act of 2025" amends the Small Business Act, enabling the Small Business Administration to provide loans for modern business software and cloud computing services. These loans will help small businesses improve operations, manage resources, and utilize AI-powered tools. The act clarifies that it does not authorize loans for research and development.