Rep. Bill Foster

Maddy summaryThe CERTS Tax Exemption Act (HR 3510) exempts certain grants received by transportation service providers from federal taxation under the Coronavirus Economic Relief for Transportation Services Act. It directly affects eligible transportation providers who receive these specific grants by excluding the grant amounts from their gross income and preventing related tax deductions or basis adjustments from being denied. Key provisions ensure that for partnerships and S corporations, excluded grant amounts are treated as tax-exempt income, and partner basis increases align with grant-funded costs. This creates a clear tax treatment for these grants without altering the underlying grant program.

Maddy summaryHR 3537 authorizes the minting of commemorative coins to mark the 100th anniversary of the U.S. Foreign Service, established by the 1924 Rogers Act. The bill specifies three coin types ($5 gold, $1 silver, and half-dollar clad) with limited mintage (50,000 gold, 400,000 silver, 750,000 half-dollars) to be issued in 2025, featuring designs honoring diplomatic history. A surcharge on each coin sale ($35 for gold, $10 for silver, $5 for half-dollars) will fund the Association for Diplomatic Studies and Training (ADST) to support its oral history program and diplomatic preservation efforts. The coins will be legal tender, sold at cost-plus-surcharge, with all revenue directed to ADST per the bill's provisions.

Maddy summaryHR 3409, the Healthy Families Act, requires most employers to provide employees with paid sick leave. Employees earn 1 hour of paid sick time for every 30 hours worked, up to a maximum of 56 hours per year, which can be used for their own illness, caring for family members, or addressing domestic violence, sexual assault, or stalking situations. Smaller employers with fewer than 15 employees can provide unpaid sick leave instead of paid leave. The bill includes protections against retaliation for using sick leave and requires employers to inform employees about their rights under this law.

Safe Access to Cash Act of 2023 This bill establishes a new federal statutory framework to govern robbery offenses involving ATMs and related conduct. Currently, the federal bank robbery statute makes it a federal crime to take or attempt to take by force and violence or by intimidation, money or other property from any bank, credit union, or savings and loan association. A violation is punishable by a statutory maximum prison term of 20 years (or 25 years, if the offense includes assault or use of a dangerous weapon). However, federal circuit courts have split on whether forcing someone to withdraw money from an ATM qualifies as an offense under the federal bank robbery statute. In United States v. Chavez, the Fifth Circuit Court of Appeals held that the bank customer, rather than the bank, had possession of the funds when the robbery occurred, so a necessary element of the federal bank robbery statute--that the money belonged to the bank--was not satisfied. In contrast, the Tenth, Seventh, and Fourth Circuits have held that directly forcing a bank customer to withdraw money from an ATM constitutes a federal bank robbery because the funds belonged to the bank when the withdrawal occurred. This bill establishes new statutory criminal offenses for ATM robbery and related offenses such as ATM theft. A violation is subject to the same criminal penalties as an offense under the federal bank robbery statute--a statutory maximum prison term of 20 years (or 25 years, if the offense includes assault or use of a dangerous weapon).

Maddy summaryHR 3249, the Protecting Circuit Boards and Substrates Act, creates a 25% tax credit for businesses purchasing U.S.-manufactured printed circuit boards and establishes a federal program providing financial assistance for domestic manufacturing and research of these components. The bill directly affects U.S. businesses, particularly small, minority-owned, women-owned, and veteran-owned companies, by offering incentives to build or expand facilities within the United States. Key provisions include workforce training requirements for recipients, preferences for projects that increase domestic production capacity or relocate from foreign-controlled areas, and strict restrictions on foreign entities of concern. The program is authorized with $3 billion for 2024-2025 and includes clawback provisions if projects aren't completed on schedule or if recipients collaborate with foreign entities on national security concerns.

Maddy summaryThe PAST Act of 2023 amends the Horse Protection Act to ban specific devices used to cause pain (soring) in horses at shows, particularly affecting Tennessee Walking Horses, Racking Horses, and Spotted Saddle Horses. It defines prohibited "action devices" (like boots or chains causing friction) and requires licensed, conflict-free inspectors at events to enforce rules. The bill increases penalties for violations to up to $5,000 fines or 3 years in jail, and mandates longer disqualifications for repeat offenses (180 days → 1 year → 3 years). Horse show organizers, exhibitors, and participants must comply with these new inspection and penalty requirements.

This resolution emphasizes the importance of individual financial capability, reaffirms the Dodd-Frank Act's aims of developing opportunities for minorities and women in industry employment through partnering with organizations, supports the efforts of the Consumer Financial Protection Bureau to provide consumers with tools regarding important financial decisions, and urges the Department of the Treasury to consult with the Financial Industry Regulatory Authority.

Maddy summaryHR 3238, the Affordable Housing Credit Improvement Act of 2023, updates the Low-Income Housing Tax Credit (LIHTC) program to increase the availability of affordable housing across the United States. The bill makes several key changes including increasing state funding formulas, modifying tenant eligibility rules to better serve vulnerable populations (such as domestic violence victims and students), and expanding credit eligibility for projects in rural and Native American communities. Specific provisions raise the credit for properties serving extremely low-income households, clarify rules around tenant income increases, and require housing providers to protect victims of domestic violence. The bill also updates terminology from "low-income" to "affordable" throughout the tax code and enhances program transparency through data sharing requirements. These changes aim to make the LIHTC program more effective at creating and preserving affordable housing units for low-income households nationwide.

Maddy summaryThe SAFE Banking Act of 2023 would protect banks and financial institutions that provide services to state-legal marijuana businesses and hemp-related businesses by preventing federal regulators from taking adverse actions against them solely for serving these businesses. It clarifies that income from state-legal marijuana businesses can be considered for mortgage applications, and requires regulators to update guidance on suspicious activity reports related to these businesses. The bill does not require financial institutions to serve these businesses, but ensures they won't face penalties for doing so. It extends similar protections to hemp-related businesses, which have faced banking challenges despite being federally legal under the 2018 Farm Bill.

Maddy summaryThe Postal Police Reform Act of 2023 updates federal law to explicitly include "Postal Service police officers" alongside Postal Inspectors as authorized personnel for enforcing regulations on U.S. Postal Service property. It clarifies that the Postmaster General can establish and post rules for protecting postal property, with violations punishable by fines or up to 30 days in jail. This change directly affects USPS police officers (by formalizing their role), the Postmaster General (by expanding regulatory authority), and anyone on postal property who must follow posted rules. The bill makes existing enforcement procedures more explicit without altering penalties or creating new requirements.