Maddy summaryThis bill, known as the SEEDS Act of 2026, would allow digital asset indexes to be included as eligible investments within Trump accounts, which are special tax-advantaged investment accounts. The legislation amends the Internal Revenue Code to add digital asset indexes to the list of permitted investments alongside other traditional assets. Additionally, the bill makes permanent a pilot program for Trump accounts that was previously set to expire in 2029, removing time limits on the program's operation. These changes would affect individuals who currently use or wish to use Trump accounts for investing, expanding the range of assets they can hold within these tax-advantaged structures.
Rep. Young Kim
Sponsored bills
Maddy summaryThe Stop Illegal Alien Cops Act amends federal law to modify exemptions for government entities regarding firearms. Currently, federal, state, and local government agencies are generally exempt from many federal prohibitions when acquiring or supplying firearms for official use. This bill would remove that exemption for specific prohibitions, making it unlawful for government entities to provide firearms to or employ individuals who are unlawfully in the United States. Additionally, the bill removes the
Law-Enforcement Innovate to De-Escalate Act This bill removes less-than-lethal projectile devices (e.g., certain TASERs) from regulation under the Gun Control Act. The term less-than-lethal projectile device means a device that (1) is not designed or intended to expel (and may not be readily converted to discharge) commonly used ammunition or projectiles exceeding a velocity of 500 feet per second; (2) is designed and intended to be used in a manner not likely to cause death or serious bodily injury; and (3) does not accept (and cannot be readily modified to accept) an ammunition feeding device. The bill also requires the Bureau of Alcohol, Tobacco, Firearms and Explosives to determine whether a device satisfies the definition of a less-than-lethal projectile device within 90 days of a request.
Maddy summaryThis bill directs U.S. agencies to support Iranian people's access to uncensored information and hold Iranian officials accountable for human rights abuses. It requires the State Department and FCC to report on technologies (like satellite networks and mesh systems) that could bypass internet restrictions in Iran, and authorizes $2 million annually to develop such tools. The bill also establishes a new "Iran Kleptocracy Initiative" at FinCEN to track corruption, freeze assets of Iranian regime officials and state-owned businesses, and coordinate with international partners. These measures apply to U.S. policy toward Iran but do not alter Iran's domestic laws; they focus on U.S. sanctions, technology development, and anti-corruption efforts targeting the Iranian regime.
Maddy summaryThe Safe Skies Act of 2026 requires the Transportation Secretary to extend existing flightcrew rest and duty rules - currently applied to passenger flights - to all-cargo air carrier operations within 30 days of the bill's enactment. This directly affects flight crews and cargo airlines, ensuring they follow the same rest and duty time limits as those serving passengers. The bill modifies a 2012 FAA rule (77 Fed. Reg. 330) to apply universally, bypassing standard rulemaking procedures (5 U.S.C. § 553) for this specific adjustment. It makes no new policy changes beyond applying current passenger flight rules to cargo operations.
Maddy summaryHRES 1061 is a symbolic resolution recognizing the cultural and historical significance of Lunar New Year in 2026. It does not create new laws or policies, but formally acknowledges Lunar New Year's origins (over 4,000 years in China), its celebration as Seollal in Korea and Tết in Vietnam, and its observance by millions of Asian Americans and others in the U.S. The resolution expresses respect for Asian Americans and extends holiday wishes for a "happy and prosperous new year" during the Year of the Horse. As a non-binding resolution, it has no legal effect or direct impact on any individuals or groups.
Maddy summaryThis bill establishes the United States-Israel Defense Technology Cooperation Initiative to accelerate joint development and integration of defense technologies between the two countries. It directs the U.S. Secretary of Defense, with Israel’s agreement, to identify Israeli-origin technologies for rapid adoption into U.S. military systems, focusing on areas like counter-drone systems, missile defense (including "Golden Dome for America"), AI, cyber defense, and directed energy. The initiative requires annual congressional reporting on progress, partnerships with industry, and technology transitions, while authorizing $150 million annually for fiscal years 2027-2029. It aims to strengthen bilateral defense innovation and streamline the use of Israeli technologies within U.S. military programs.
Maddy summaryThe SCAM Act requires online platforms that display paid advertisements (like social media sites) to verify advertiser identities, implement scam detection systems, and remove fraudulent ads within 24 hours of confirmation. It directly affects platforms that accept payment for ads, targeting scams such as fake giveaways, romance scams, and AI impersonations that cost consumers $195 billion in 2024 (per FTC data). Key mechanisms include mandatory identity checks for advertisers, active monitoring systems, and a 72-hour investigation window for reported scams. The law aims to reduce fraud by shifting responsibility to platforms, with enforcement by the FTC and state attorneys general.
Maddy summaryHR 7516, the "No Funds for Forced Labor Act," requires the U.S. Treasury to direct American representatives at international financial institutions (like the World Bank) to oppose loans for projects that use or risk using forced labor, particularly those involving state-run entities in Xinjiang. It mandates these institutions to vet projects for forced labor risks, explain their vetting process, and detail mitigation steps before funding. The bill directly affects international financial institutions and the projects they fund, especially those linked to Xinjiang. It does not ban all loans but targets projects with documented forced labor concerns, requiring annual reports to Congress on implementation. The law focuses on policy changes to prevent U.S.-aligned financial support for forced labor practices.
Maddy summaryThis bill amends the process for the Financial Stability Oversight Council (FSOC) when considering actions against U.S. nonbank financial companies. It requires the FSOC to first determine that alternative solutions - such as new regulatory standards, agency actions, or a company's written plan - are not possible or insufficient to protect financial stability before voting on a formal determination. The change directly affects the FSOC and large nonbank financial companies that could face regulatory scrutiny. The key provision adds a new step to ensure the Council explores other options before taking significant action. (Procedural bill; summary limited to 3 sentences as specified.)