Sen. Tina Smith

Maddy summaryThis resolution designates January 2026 as "National Mentoring Month" to raise public awareness about mentoring programs. It recognizes the benefits of mentoring for youth - including improved academic performance, mental health, career development, and reduced risk of delinquency - and highlights that 40% of U.S. youth lack a mentor. The Senate encourages community, school, and workplace efforts to expand existing mentoring programs and recruit volunteers to support young people. It does not create new laws or funding but aims to promote existing mentoring initiatives across the country.

Maddy summaryThe Predatory Lending Elimination Act applies military lending protections to all consumers, not just military members, by setting strict interest rate limits on personal loans and credit cards. It prohibits lenders from charging excessive rates on most consumer credit (except residential mortgages, auto loans for vehicle purchases, and federal credit union loans) and bans exemptions that would weaken these caps. The law preserves stronger state consumer protections and allows state attorneys general to enforce violations within three years. It requires the Consumer Financial Protection Bureau to issue rules within one year to implement these rate limits and ensure consistency with existing military lending standards.

Maddy summarySRES 596 is a non-binding Senate resolution designating February 2-6, 2026, as "National School Counseling Week." It directly recognizes school counselors and their role in supporting students' academic, social, emotional, and career development. The resolution encourages public awareness through ceremonies and activities to highlight counselors' contributions, addressing their critical but often underfunded role (with a national student-to-counselor ratio of 376:1). It does not create new programs or alter funding but formally acknowledges counselors' work in schools.

Maddy summaryThe Rebuild America's Schools Act of 2026 would provide $20 billion annually (2027-2031) to improve public school facilities across the United States. The bill directs funds to states based on previous Title I funding allocations, requiring states to contribute 10% of the funds (with some exceptions) and develop plans for equitable distribution to school districts. Local educational agencies must prioritize schools with high numbers of students eligible for free or reduced-price lunch, and funds can be used for construction, renovation, energy efficiency upgrades, removal of toxic substances, and making facilities accessible. The bill also establishes school infrastructure bonds to leverage private investment and includes specific provisions to repair foundations damaged by pyrrhotite.

Maddy summaryS 3761, the Student Loan Bond Expansion Act of 2026, modifies federal tax rules to make it easier for states and local governments to issue bonds that fund student loans. The bill exempts "qualified student loan bonds" from two key restrictions: the annual limit on tax-exempt bond issuance (volume cap) and the alternative minimum tax calculation. This change allows more such bonds to be issued without triggering these tax rules, directly benefiting state or local entities that issue these bonds to support student loan programs. The law applies to bonds issued after the bill's enactment date.

Maddy summaryS 3754 imposes a tiered tax on investors purchasing single-family homes, targeting those owning significant portfolios: 1% for medium-sized investors (16-25 homes), 3% for large investors (26-100 homes), and 5% for giant investors (over 100 homes). The tax applies to home purchases, excluding new construction unless replacing an existing home on the same site, and exempts nonprofits focused on affordable housing, government entities, and community land trusts. Revenue generated will be allocated 65% to the Housing Trust Fund and 35% to the Capital Magnet Fund to support affordable housing programs. The law takes effect for taxable years beginning after December 31, 2025.

Maddy summaryThe Preserving Homes and Communities Act of 2026 establishes requirements for selling non-performing single-family mortgage loans insured by the Federal Housing Administration (FHA) and held by Fannie Mae and Freddie Mac. The bill mandates that loss mitigation options be exhausted before sale, requires 90 days written notice to borrowers, and prioritizes government, nonprofit, and Tribal organizations for purchasing these loans. It requires 75% of properties acquired through foreclosure to be sold to owner-occupants, donated to nonprofits, or rented at affordable rates (not exceeding 30% of income) to tenants earning no more than 100% of area median income for a 10-year period. The bill also mandates detailed data reporting on loan sales and performance, including demographic information to monitor fair lending practices.

This resolution supports the designation of 2026 as the International Year of the Woman Farmer and recognizes the critical role of women in agriculture. The resolution also encourages citizens to celebrate the impact these women have on the food systems and agricultural workforce of the United States by encouraging and empowering women to pursue careers in agriculture and cultivate leadership opportunities.

Maddy summaryThis bill amends Medicare reimbursement rules to expand coverage for ambulance services. It allows ambulance providers to receive payment for on-scene medical care (like treatment at the location) even if they do not transport the patient, effective January 1, 2027. The change directly affects ambulance providers who currently only receive reimbursement for transport services. This policy update ensures Medicare covers non-transport emergency care provided by these providers.

Maddy summaryS 3717 establishes the Opportunities in Organic program to assist farmers and handlers with organic certification costs and transition to organic practices. It covers up to $1,500 annually in certification fees (with higher payments for socially disadvantaged farmers or regions with disproportionately high costs), provides technical assistance for soil health and organic management, and funds supply chain development like processing facilities. The program allocates $50 million annually for 2027-2028, increasing to $100 million by 2030, targeting socially disadvantaged farmers, farms near schools/residential areas, and under-resourced agricultural regions.