Rep. Bryan Steil

Maddy summaryHR 976, the TCJA Permanency Act, makes permanent many tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) that were scheduled to expire after 2025. The bill affects individual taxpayers by keeping lower tax rates, higher standard deductions, increased child tax credits, and other key changes permanently. Key provisions include permanent modifications to income tax brackets, repeal of personal exemptions, limits on state and local tax deductions, and increased estate and gift tax exemptions. These changes would prevent the tax code from reverting to pre-TCJA rates and rules for millions of taxpayers.

Maddy summaryHRES 110 is a non-binding resolution supporting the designation of "Career and Technical Education (CTE) Month" to recognize CTE's role in preparing students for high-demand careers. It encourages educators, school counselors, and parents to promote CTE as a respected pathway for students seeking credentials in fields like healthcare, technology, and skilled trades. The resolution highlights CTE's benefits, including reducing high school dropout rates and aligning education with workforce needs, without creating new funding or policy changes. It directly affects schools, educators, and students by affirming CTE's value in workforce development.

This resolution condemns Iranian state-sponsored terrorist attacks against U.S. citizens and officials and Iranian dissidents. The resolution also expresses support for the people of Iran who are legitimately defending their rights for freedom against repression and condemns the killing of Iranian protesters by the Iranian regime.

Maddy summaryThis bill directs the U.S. Postal Service to assign new, unique ZIP Codes to seven specific communities within 270 days of enactment. The affected communities include Miami Lakes and Hollywood (Florida), three Wisconsin villages (Somers, Mount Pleasant, Caledonia), Eastvale (California), and Castle Pines (Colorado). The new ZIP Codes will establish dedicated postal routing for these areas, improving mail delivery efficiency without altering existing postal infrastructure. This is a procedural change focused solely on administrative postal operations.

Maddy summaryHCONRES 13 is a concurrent resolution expressing Congress's support for maintaining the current policy that prohibits imposing new fees on local radio stations for playing music. It states that Congress should not impose any performance fee, tax, royalty, or charge on local radio stations for broadcasting sound recordings over the air, or on businesses like bars and restaurants that play music publicly. The resolution argues that such fees would harm local radio stations - critical sources for emergency information and community programming - and jeopardize the economic model that has supported both radio and the music industry for decades. This resolution does not create new law but formally opposes potential legislative changes to the existing fee structure.

Maddy summaryHR 735 (Susan Muffley Act of 2023) requires the Pension Benefit Guaranty Corporation (PBGC) to recalculate and increase monthly pension benefits for participants and beneficiaries in six specific Delphi-related pension plans to their full vested amount. This includes making lump-sum payments for past underpayments, plus 6% annual interest on amounts owed since prior benefit calculations. The bill directly affects eligible retirees and beneficiaries in the Delphi Hourly-Rate Employees Pension Plan, Delphi Retirement Program for Salaried Employees, and four other Delphi pension plans. It does not change existing asset allocations but ensures payments reflect the full pension amount guaranteed under ERISA without prior phase-in limits.

Maddy summaryThis bill helps new car dealers affected by pandemic-era supply chain disruptions by changing tax rules for inventory sales. It allows dealers using LIFO accounting to treat certain sales of unsold vehicles (liquidations) between March 2020 and December 2021 as "qualified" for tax purposes. Dealers can defer recognizing income from these sales and have until 2026 to replace the sold vehicles before potential tax adjustments apply. The provision specifically targets dealers who couldn't replenish inventory during the supply chain crisis.

Maddy summaryThe Financial Exploitation Prevention Act of 2023 requires investment companies and transfer agents to implement safeguards for "specified adults" (individuals aged 65+ or those with a mental/physical impairment that limits their ability to protect their own financial interests) who hold direct-at-fund accounts. It mandates collecting contact information for a trusted person to help verify account activity, and allows delaying redemption payments (for up to 25 business days total) if financial exploitation is suspected, after notifying the trusted contact and conducting an internal review. The law also requires detailed record-keeping, internal procedures for handling delays, and directs the SEC to submit a report to Congress within one year on further regulatory needs.

Maddy summaryHRES 68 is a symbolic resolution supporting National Catholic Schools Week, which recognizes Catholic schools' educational and community contributions. It does not create new policies or funding but formally endorses the week's goals - highlighting Catholic schools' academic achievements, diverse student enrollment, and role in fostering moral development. The resolution was introduced by multiple House members and passed without opposition, focusing on acknowledgment rather than legislative action. It directly affects Catholic schools by affirming their nationwide impact, though it has no binding effect on federal programs or resources.

This resolution provides amounts for the expenses of the House Select Committee on the Strategic Competition between the United States and the Chinese Communist Party for the 118th Congress.