Rep. Young Kim

Maddy summaryHR 3717, the MicroCap Small Business Investing Act of 2023, creates a new license category for small business investment companies (SBICs) to increase capital access for underserved businesses. It allows up to 10 annual licenses for firms that don’t meet standard management experience requirements but demonstrate industry expertise, business success, or community focus. These "MicroCap" SBICs must invest at least 25% of capital in low-income communities, opportunity zones, R&D businesses, manufacturers, underserved-owned businesses, or rural areas. The bill also establishes a streamlined 90-day licensing process with clear feedback and requires the Small Business Administration to publish annual reports on license numbers, investment industries, and geographic focus.

Maddy summaryThis bill renames a U.S. Postal Service facility at 300 Long Beach Boulevard in Long Beach, California, as the "Alan S. Lowenthal Post Office Building." It directly affects the postal facility and all federal documents, maps, or records referencing it. The key provision updates every official reference to the building to use the new name, ensuring consistency in government records. The bill does not change postal services, funding, or policy - only the building's official designation.

Maddy summaryThis bill designates the U.S. Postal Service facility at 7911 Imperial Highway in Downey, California, as the "Lucille Roybal-Allard Post Office Building." It updates all official references in federal laws, documents, and records to use this new name for the specific post office location. The change affects the facility's official identification but does not alter its operations or services.

Maddy summaryHRES 425 is a non-binding House resolution designating July 19, 2023, as "Glioblastoma Awareness Day" to increase public recognition of glioblastoma, an aggressive brain cancer. It directly supports patients, caregivers, and families affected by the disease, which has a low 5-year survival rate (6.9%) and no effective screening methods. The resolution encourages greater public awareness, honors those impacted by the disease, and urges continued research investments, including through the Glioblastoma Therapeutics Network. It does not create new laws or alter funding but serves as a symbolic statement to advance understanding and support for glioblastoma research.

Access to Safe Contraception Act of 2023 This bill prohibits states from banning any form of contraception that is approved by the Food and Drug Administration. The bill does not preempt state laws that protect the right of any entity to opt out of providing contraception due to the entity's religious or moral beliefs.

Maddy summaryThis bill requires that AM radio receivers be included as standard equipment in all new motor vehicles (such as cars and trucks) sold in the United States, with a rule to be issued by the Department of Transportation within one year. The rule must ensure AM radio is easily accessible on the dashboard and allows manufacturers to use digital AM radio technology instead of traditional AM. During the one-year period between the bill's enactment and the rule's effective date, manufacturers must clearly label vehicles without AM radio. The bill also directs a study to evaluate whether an alternative system could deliver emergency alerts as reliably as AM radio across the country, especially during crises.

Maddy summaryHR 3541, the Accounting STEM Pursuit Act of 2023, amends the Elementary and Secondary Education Act to include accounting education in school curricula. It requires schools to offer accounting career awareness and programs, particularly to students from groups underrepresented in accounting careers. The bill positions accounting as a STEM field and aims to expand student exposure to accounting through grade 12 courses. This change directly affects K-12 students and schools by integrating accounting into educational opportunities to diversify the future accounting workforce.

Maddy summaryHR 3508, the Comprehensive Southern Border Strategy Act, requires the Department of Homeland Security (DHS) to submit a detailed strategy report to Congress within 12 months of the bill’s enactment. The strategy must outline current border security risks, assess existing technology and tools for combating drug and human trafficking (especially fentanyl), and provide cost estimates for physical barriers and technologies per mile of the southern border. It mandates DHS to justify chosen solutions based on stakeholder input from governors, local officials, and property owners, along with methodology for selecting barriers. The bill does not fund new projects but establishes a framework for evaluating border security measures.

Maddy summaryHR 3442, the America’s CHILDREN Act of 2023, creates a pathway to permanent residency for certain college graduates who entered the U.S. as children on specific work visas. It directly affects individuals who were lawfully present as dependents of nonimmigrant visa holders (like H-4 or L-2) for at least 8 years, graduated from a U.S. college, and have lived in the U.S. for 10+ years total. Key provisions include protecting applicants from "aging out" of eligibility by basing age calculations on when their parent’s visa petition was filed (not current age), and allowing them to retain their original visa application date ("priority date") if they later switch to a different visa category. The bill aims to provide stability for young adults who grew up in the U.S. but face immigration barriers due to visa status.

Maddy summaryThis bill allows utility companies (like electricity, gas, and internet providers) and landlords to report payment history for essential services to credit bureaus, expanding credit reporting beyond traditional loans. It directly affects consumers who pay these bills regularly but may lack traditional credit history, potentially helping them build credit. Key provisions limit reporting to actual payment behavior (not usage data) and prevent utilities from reporting late payments if a consumer is on a valid payment plan. The bill also requires a government study to assess the impact of this reporting on consumers within two years.