Maddy summaryThe Stock Buyback Accountability Act of 2026 raises the federal excise tax on corporate stock repurchases from 1 percent to 4 percent, directly affecting corporations that buy back their own shares. This change also modifies existing tax rules to exclude stock issued to high-income executives and employees earning over $1 million from the tax calculation. The new provisions apply to stock repurchases occurring after the law is enacted, with specific transition rules for partial-year transactions, while the adjustments to tax exemptions take effect for taxable years ending more than 90 days after enactment.
Sponsored bills
Maddy summaryThis Senate resolution designates June 6, 2026, as National Naloxone Awareness Day to highlight the importance of naloxone in reversing opioid overdoses. The measure aims to educate the public, healthcare providers, and first responders on how to recognize overdose signs and safely administer the medication. It also encourages federal, state, and local governments along with private organizations to support efforts that increase access to and distribution of naloxone.
First Rhode Island Regiment Congressional Gold Medal Act This bill provides for the award of a single Congressional Gold Medal to the First Rhode Island Regiment, collectively, in recognition of their dedicated service during the Revolutionary War.
Maddy summaryThis Senate resolution formally acknowledges and apologizes for the decades of discrimination and wrongful termination faced by lesbian, gay, bisexual, and transgender individuals who served in the U.S. military, Foreign Service, and federal civil service. The measure highlights historical policies, such as the "Don't Ask, Don't Tell" rule and the "Lavender Scare," which forced hundreds of thousands of service members to leave their jobs or hide their identities, while also noting recent executive actions that have rescinded protections for gender identity. While the resolution reaffirms a commitment to equal rights and respect for all LGBT government employees, it explicitly states that it does not create any legal claims or settlements for affected individuals.
Maddy summaryThe DASH Act establishes a new federal rental voucher program specifically for individuals and families experiencing homelessness or at risk of homelessness, providing 250,000 vouchers in 2026 and expanding to 400,000 annually thereafter. This initiative requires public housing agencies to partner with local service providers to offer supportive services such as healthcare, job training, and case management while prohibiting conditions related to sobriety or criminal history for most applicants. The bill also expands rural housing assistance by increasing funding for loans and grants aimed at preserving affordable rental housing for farm laborers and low-income residents in non-metropolitan areas. Additionally, the legislation introduces new tax credits to encourage the construction of affordable housing, including a renters credit for low-income households, a middle-income housing credit, and a neighborhood homes credit for distressed communities.
Maddy summaryThe JAWBONE Act prohibits federal agencies and employees from coercing private platforms like social media sites, broadcasters, or artificial intelligence providers into removing or altering content. To enforce this rule, the bill creates a new legal cause of action that allows these platforms to sue for damages if they are pressured into taking content actions, with specific exceptions for lawful investigations and court-ordered warrants. The legislation also mandates the creation of a public portal where agencies must log and disclose communications sent to these platforms regarding content moderation, including metadata and requests for action. Additionally, the bill requires the National Institute of Standards and Technology to develop guidelines for logging these communications and establishes a formal complaint process for platforms to report potential violations.
Maddy summaryThis bill aims to increase transparency in U.S. foreign intelligence surveillance by requiring the public release of specific court opinions and annual reports on sensitive data queries. It mandates that the Director of National Intelligence make certain significant court decisions available to the public within 180 days, while also demanding yearly reports detailing the number of approved and denied requests to search for sensitive information. Additionally, the legislation requires the government to publish reports on violations of surveillance laws online and to provide estimates on how often U.S. citizens' data is queried outside of the Foreign Intelligence Surveillance Act. The bill also extends the expiration date for a specific section of the Foreign Intelligence Surveillance Act by five weeks.
Maddy summaryThis bill amends the Foreign Intelligence Surveillance Act to restrict how U.S. intelligence agencies collect information from Americans and people located within the United States. It explicitly prohibits agencies from intentionally targeting these individuals to gather information about them, except in cases of immediate danger or with consent. Under the new rules, any collection of communications or digital data from covered persons must be authorized by a court warrant or an existing emergency order, and unauthorized data cannot be used in legal proceedings. Additionally, the legislation extends the expiration date for a specific section of the act by three months.
Maddy summaryThis bill strengthens privacy protections for U.S. citizens and residents by restricting how federal intelligence agencies can use warrantless data collection tools. It specifically limits the ability of government officers to search or access communications unless there is a significant foreign intelligence purpose or an immediate emergency involving threats to life. The legislation also requires agencies to create detailed electronic records for every search and access, ensuring these activities are documented and reviewed by oversight bodies. Additionally, the bill extends the expiration date for a key section of the Foreign Intelligence Surveillance Act by nine months to March 12, 2027.
Maddy summaryThis bill authorizes the President to declare a smoke emergency in states facing significant air quality drops due to wildfire smoke, either upon a request from a state governor or based on the President's own determination. Once declared, the Federal Emergency Management Agency and other federal agencies can provide assistance such as grants, equipment, and personnel to help communities set up smoke shelters, air purifiers, and monitoring sites. Additionally, the Small Business Administration would be able to offer grants to small businesses that lose significant revenue because of the smoke. The legislation also adjusts federal budget rules to ensure that funds designated for this specific type of emergency assistance are not subject to standard deficit reduction triggers.