Risk Management for Derivatives Clearing Organizations Act This bill allows derivatives clearing organizations and clearing agencies to maintain accounts at a Federal Reserve Bank.
Fair Access to Agriculture Disaster Programs Act This bill waives the adjusted gross income limitations for payments or benefits under specific Department of Agriculture (USDA) disaster assistance programs for a person or legal entity that derives a portion of their income from agriculture. (Currently, a person or entity is not eligible to receive certain benefits during a crop, fiscal, or program year if their average gross income exceeds $900,000.) Specifically, in the case of an excepted payment or benefit, the adjusted gross income limitation is waived if 75% or more of the average adjusted gross income for the person or entity is derived from farming, ranching, or silviculture activities. These activities include agritourism, direct-to-consumer marketing of agricultural products, and the sale of agricultural equipment owned by such person or entity. The bill applies to the USDA Livestock Indemnity Program; Livestock Forage Disaster Program; Emergency Assistance for Livestock, Honey Bees, and Farm-Raised Fish Program; Tree Assistance Program; and Noninsured Crop Disaster Assistance Program.
This resolution condemns Iran for the 1988 massacre of political prisoners. It also urges the Biden Administration and U.S. allies to publicly condemn the massacre and to pressure Iran to provide information to the families of the victims.
Preserving Family Farms Act of 2023 This bill amends the Internal Revenue Code to increase to $13 million (currently, $750,000) the limitation on the special use valuation for farmland or other trades or businesses for estate tax purposes. The increased amount is adjusted for inflation for estates of decedents dying after 2023.
Maddy summaryThis bill directs the U.S. Treasury to mint commemorative coins marking the Marine Corps' 250th anniversary in 2025. It authorizes three coin types: $5 gold coins (max 50,000), $1 silver coins (max 400,000), and half-dollar coins (max 750,000), with surcharges of $35, $10, and $5 respectively. The surcharge proceeds will fund the Marine Corps Heritage Center's educational programs, with no net cost to taxpayers as the Treasury must recover all minting costs through the surcharges. The coins can only be issued during 2025, and the Treasury must ensure all costs are covered before distributing funds to the Heritage Foundation.
Maddy summaryHR 4721, the Main Street Tax Certainty Act, makes a permanent the 20% tax deduction for eligible small business owners under Section 199A of the tax code. This provision directly affects pass-through business owners (like S-corps, partnerships, and sole proprietorships) who qualify for the deduction. The bill achieves this by removing the temporary expiration language (subsection (i)) from the existing tax code provision. The key change is ending the need for annual congressional extensions of this deduction, providing long-term tax certainty for small businesses.
Maddy summaryHR 3952 limits the flags that can be flown over Department of Veterans Affairs (VA) facilities to just six specific flags: the U.S. flag, any state flag, any federally recognized tribal government flag, the VA department flag, any military branch flag, and the POW/MIA flag. This applies directly to all VA buildings and properties nationwide. The bill explicitly restricts all other flags, including political or commemorative flags, from being displayed on these facilities.
Protecting Kids from Fentanyl Act of 2023 This bill permits the use of the Preventive Health and Health Services Block Grant to address fentanyl in educational institutions. Specifically, grant funds may be used to (1) purchase naloxone or other opioid overdose reversal drugs for educational institutions, (2) train school nurses and other personnel on how to administer them, and (3) provide fentanyl awareness classes or materials to students.
This resolution expresses the sense of the House of Representatives that research and promotion boards support efforts to develop new markets and strengthen existing markets via research, education, and promotion.
Maddy summaryHR 4398, the "Patriotism Not Pride Act," prohibits federal agencies from using taxpayer funds to support or promote Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex (LGBTQ+) Pride Month activities, including events, communications, or educational programs. It also bans the display of any flag representing sexual orientation or gender identity on federal property or grounds. The bill applies to all federal agencies as defined in U.S. law and directly affects how agencies manage public communications and property. This is a procedural measure restricting specific federal activities, not a substantive policy change.
