Rep. Brad Sherman

Credit Union Board Modernization Act This bill revises the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires monthly meetings for new credit unions during their first five years and for credit unions with a low soundness rating. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, all credit union boards must meet at least once a month.

This bill designates the facility of the United States Postal Service located at 1801 Town and Country Drive in Norco, California, as the Lance Corporal Kareem Nikoui Memorial Post Office Building.

Merger Filing Fee Modernization Act of 202 2 This bill modifies and expands the schedule for graduated merger filing fees and requires that such fees be adjusted each year based on the Consumer Price Index. It also (1) requires parties to disclose in their premerger notification filings any subsidy received from a foreign entity of concern, (2) modifies the venue rules for multi-district antitrust litigation, and (3) establishes various reporting requirements.

Russia and Belarus SDR Exchange Prohibition Act of 2022 This act prohibits the Department of the Treasury from engaging in any transaction involving the exchange of Special Drawing Rights (SDRs) held by Russia or Belarus and requires Treasury to take actions to oppose financial assistance to Russia or Belarus. The SDR is an international reserve asset maintained by the International Monetary Fund (IMF) based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies. Treasury must also (1) vigorously advocate for IMF member countries to prohibit transactions involving the exchange of SDRs held by Russia or Belarus, and (2) direct U.S. representatives to each international financial institution to oppose providing financial assistance to Russia or Belarus except to address the basic human needs of their civilian populations. The act's provisions shall be in effect until the earlier of (1) five years after this act's enactment, or (2) 30 days after the President reports to Congress that the governments of Russia and Belarus have ceased destabilizing activities directed at Ukraine's sovereignty and territorial integrity. The President may also waive the provisions upon reporting to Congress that doing so is in the national interest of the United States.

This bill designates the facility of the United States Postal Service located at 3900 Crown Road Southwest in Atlanta, Georgia, as the John R. Lewis Post Office Building.

Heroes of the Warsaw Ghetto Congressional Gold Medal Act This bill provides for the award of a Congressional Gold Medal posthumously to commemorate the participants in the Warsaw Ghetto Uprising who led an armed resistance against Nazi occupiers.

This resolution condemns Azerbaijan's violations of the 1949 Geneva Conventions, encourages investigation of war crimes committed by Azerbaijani forces, and reaffirms the House of Representatives' support of Armenia's sovereignty and territorial integrity.

More Homes on the Market Act This bill increases the tax exclusion of gain from the sale of a principal residence and requires an annual inflation adjustment to such increased amount.

Maximizing Outcomes through Better Investments in Lifesaving Equipment for (MOBILE) Health Care Act This bill allows a health center that currently receives funding through a Health Resources & Services Administration Health Center Program grant to use a New Access Point grant to set up a mobile unit regardless of whether the health center also establishes a permanent health care delivery site. New Access Point grants help health centers establish new delivery sites to provide comprehensive primary care to medically underserved populations. Under current law, health centers may only use the grants to set up a mobile unit if they also establish a permanent site.

Securing Global Telecommunications Act This bill requires the Department of State develop and submit to Congress a strategy to promote the use of secure telecommunication infrastructure in countries other than the United States. The State Department must also report to Congress on (1) efforts by China and Russia to advance authoritarian interests or oppose fair, industry-led processes at the International Telecommunication Union, the U.N. agency involved with setting telecommunications standards and related regulatory activities; and (2) opportunities for greater collaboration with allies and partners to promote secure information and communications technology infrastructure in countries other than the United States.