Rep. Maxwell Frost

Maddy summaryHR 1654, the DEPOSIT Act, imposes a new tax on certain bank executives' bonuses and stock profits when their bank fails and the FDIC becomes conservator or receiver. It specifically targets executives who earned over $250,000 (adjusted for excluded profits) in the year before their bank's failure and received bonuses within 60 days prior to the FDIC takeover or sold bank stock within that same period. The tax adds 90% of bonus profits and 100% of stock profit amounts to the executive's regular income tax. All revenue generated from this tax will be directed to the Deposit Insurance Fund, which protects bank deposits.

Maddy summaryThis bill authorizes a Congressional Gold Medal to honor the "Hello Girls" - female telephone operators who served in the Army Signal Corps during World War I. They provided critical battlefield communications in France (connecting 26 million calls), wore military uniforms, and faced combat risks, but were denied veteran benefits for 60 years due to being classified as civilian contractors. The medal recognizes their pioneering service, devotion, and the decades-long struggle to gain military recognition. The award follows similar recognition for other WWII women veterans and aims to correct the historical injustice they faced.

Maddy summaryThe SVB Act (HR 1602) repeals Title IV of the 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act, which had relaxed banking regulations. It directly affects banks previously subject to those relaxed rules, particularly smaller institutions that benefited from the 2018 changes. The bill’s key mechanism is restoring the pre-2018 regulatory framework, reversing the specific provisions that eased oversight. This returns banking oversight to the structure that existed before the 2018 law took effect, without creating new rules.

Maddy summaryThis bill requires the Department of Veterans Affairs (VA) to study how cannabis affects veterans with chronic pain or PTSD. It mandates an observational study using VA health records and interviews with enrolled veterans (those using VA healthcare) to measure outcomes like pain levels, opioid use, mental health symptoms, and hospital visits. If the study shows promise, the VA may later conduct clinical trials on cannabis for these conditions. The bill does not change veterans' access to cannabis or VA benefits - it only authorizes research to understand potential effects.

Maddy summaryHR 1499, the Good Jobs for Good Airports Act, requires airports receiving federal funding to pay covered service workers a minimum wage of at least $15 per hour (or higher if state/local laws or federal standards require it) and provide minimum fringe benefits. It directly affects workers in specific airport roles like security, ticketing, concessions, cleaning, and ramp services at small, medium, or large hub airports. The bill mandates annual certification from airport operators to verify compliance with these wage and benefit standards, tied to eligibility for federal airport grants under the Infrastructure Investment and Jobs Act. It does not override stricter state or local laws but ensures minimum standards for workers supporting airport operations.

Maddy summaryThis bill requires Medicaid to cover dental and oral health services for adults beginning in 2025, directly affecting low-income adults enrolled in Medicaid. It defines covered services to include preventive care, restorative treatments, dentures, implants, and emergency dental care. The bill increases federal funding for these services (100% FMAP for a 12-quarter period starting in 2025) and requires states to implement new quality measures tracking oral health outcomes and disparities. It also mandates reports on access barriers and creates outreach programs to improve culturally competent dental care for underserved populations.

Maddy summaryHR 1328, the Medical Device Nonvisual Accessibility Act of 2023, requires certain home-use medical devices (like blood pressure monitors and sleep apnea machines) to include nonvisual accessibility features - such as voice commands or audio feedback - by 2025. It directly affects blind or low-vision users who rely on these devices for independent, safe, and private care at home. The bill mandates that devices classified as Class II or III (and cleared via FDA processes) must meet accessibility standards ensuring equal usability for blind or low-vision individuals, with limited waivers allowed for manufacturers facing undue hardship. The FDA will develop and enforce these standards within two years, consulting with accessibility experts and blind users.

Maddy summaryThe Paycheck Fairness Act (HR 17) strengthens equal pay protections by amending the Fair Labor Standards Act. It prohibits pay discrimination based on sex, pregnancy, childbirth, sexual orientation, gender identity, and sex characteristics. The bill modifies employer defenses for pay differences to require demonstration that any disparity is job-related, consistent with business necessity, and accounts for the entire pay differential. It also prohibits employers from relying on wage history when making hiring decisions or setting pay, enhances penalties for violations, and requires the EEOC to collect compensation data disaggregated by sex, race, and national origin.

Maddy summaryHR 1478 requires federal firearm dealers to implement physical security measures, including locked cabinets, security systems, and video surveillance, to prevent gun thefts. The bill mandates quarterly inventory checks, extends background check record retention from 24 hours to 90 days, and repeals restrictions that prevented the ATF from disclosing crime gun trace data. It increases penalties for violations, including fines up to $20,000 and license suspension or revocation for repeated failures. The bill directly affects all federally licensed firearm dealers, manufacturers, and importers by holding them accountable for security failures and recordkeeping. This legislation aims to reduce gun trafficking by strengthening enforcement and transparency in the firearm industry.

Maddy summaryThe Stop Corporate Capture Act requires agencies to disclose conflicts of interest when industry-funded studies or research are submitted for rulemaking consideration. It mandates that such studies be made publicly available and requires agencies to assess the social equity impacts of proposed rules. The bill creates an Office of the Public Advocate to help improve public participation in rulemaking, particularly for historically excluded groups. These provisions aim to increase transparency in regulatory decision-making and ensure rulemaking considers broader public interests beyond corporate interests.