Maddy summaryThis bill, known as the GRATS Act, modifies federal tax law regarding certain types of trusts and wealth transfer strategies, primarily affecting individuals who use these tools for estate planning. It introduces new requirements for Grantor Retained Annuity Trusts (GRATs), mandating a minimum 15-year term, fixed payments that do not decrease, and a minimum value for the portion gifted to beneficiaries. The bill also changes how transactions between a grantor trust and its deemed owner are treated, making them taxable sales rather than being disregarded for income tax purposes. Additionally, it specifies that if an individual pays the income taxes for a non-revocable grantor trust they control and is not reimbursed by the trust, that payment will be considered a taxable gift to the trust's beneficiaries. These changes apply to trusts created or contributions made on or after the bill's enactment.
Sponsored bills
Maddy summaryThis bill, known as the Rx ACCESS Act, aims to improve medication access for military beneficiaries enrolled in the TRICARE health program by allowing them to choose how they receive non-generic prescription maintenance medications starting in October 2026. It requires pharmacy benefit managers to reimburse retail pharmacies at least the actual cost of acquiring drugs plus a professional dispensing fee, and prohibits hidden fees on pharmacies. The bill also mandates annual audits by the Government Accountability Office to review reimbursement rates, pharmacy network adequacy, and beneficiary access, with results reported to congressional defense committees.
Maddy summaryThis bill expands access to federal agricultural loans and grants for commercial fishermen and fish processors by officially including them in existing USDA programs designed for traditional farmers and ranchers. It allows these businesses to use farm loans for purchasing fishing permits, vessels, and processing facilities, as well as for operating and maintaining their equipment. The legislation also broadens eligibility for farm credit banks and production credit associations to include businesses providing services directly related to aquatic product producers and harvesters. Additionally, it permits the USDA to waive matching fund requirements for grants supporting domestic seafood marketing initiatives.
Maddy summaryThis bill, the Restoring College Access and Affordability Act, primarily reverses several changes made to federal student loan and grant programs in previous legislation. It restores previous loan limits, repayment terms, and deferment options that were altered by prior laws, affecting current and future student borrowers. The bill also modifies eligibility rules for Pell Grants and adjusts criteria for determining which educational programs can be deemed low-earning, specifically including programs that award associate's degrees and certificates. Additionally, it delays certain federal regulations related to borrower defense claims and closed school discharges, while reducing the excise tax on private college endowment income to 1.4 percent.
Maddy summarySJRES 103 is a congressional disapproval resolution targeting a Department of Veterans Affairs (VA) rule on reproductive health services for veterans. The resolution, if passed, would block the VA rule from taking effect by invoking the Congressional Review Act (Chapter 8 of Title 5, U.S. Code), meaning the rule published in the Federal Register (December 31, 2025) would have no legal force. This directly affects the VA’s ability to implement new guidelines for reproductive health services at its facilities, preserving existing policies instead. The resolution does not create new policy but halts a specific administrative rule.
Maddy summaryThe WIPPES Act (S 1092) requires manufacturers and retailers to label specific wipes with a clear "Do Not Flush" notice and symbol. It directly affects producers of baby wipes, antibacterial wipes, cleaning wipes, and personal care wipes (like makeup remover or feminine hygiene wipes) that could be flushed. The law mandates precise labeling on packaging - ensuring visibility, high contrast, and specific placement depending on package type - while banning all claims that these wipes are flushable. Enforcement falls to the Federal Trade Commission under existing consumer protection laws, and the federal standard preempts conflicting state regulations.
Maddy summaryThis bill establishes a pilot program to provide mental health care to incarcerated veterans, prioritizing those with service-connected disabilities related to PTSD, traumatic brain injury, or military sexual trauma. The program would offer telemental health services, mobile mental health units, or other appropriate care at no cost to veterans, with care delivered exclusively by Department of Veterans Affairs health care providers. Additionally, the bill requires the Bureau of Prisons to establish dedicated housing units for veterans in federal correctional facilities where feasible, along with specialized training for correctional staff and veteran-focused rehabilitation programs. The legislation also mandates automatic resumption of disability compensation payments upon a veteran's release from incarceration and requires annual reports on incarcerated veterans to Congress.
This resolution expresses the sense of the Senate that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2) after the target is achieved, Congress should continue to pursue further deficit reduction with the goal of achieving a balanced federal budget.
Maddy summaryThis resolution designates March 21, 2026, as "National Women in Agriculture Day" to recognize the contributions of women in the agricultural sector. The bill directly affects women working in farming, research, education, and related industries by formally acknowledging their roles as producers, leaders, and mentors. It highlights that women represent over one-third of U.S. agricultural producers and generated $222 billion in agricultural sales in 2022. The designation encourages citizens to celebrate and support women in agriculture during National Ag Week, which coincides with the date. This is a commemorative measure rather than a policy change that alters laws or programs.
Maddy summaryThis bill clarifies when franchisors can be held legally responsible for franchisee employees' pay and working conditions under federal labor laws. It specifies that franchisors are only joint employers if they exercise "substantial direct and immediate control" over essential employment terms like wages, hours, hiring, or discipline - excluding routine brand standards or training. The law explicitly states that franchisors do not become joint employers for actions like setting operating hours, minimum staffing levels, or offering brand guidelines. This directly affects franchisors, franchisees, and their employees by reducing legal uncertainty in the $825 billion franchise sector.