Rep. Darin LaHood

This resolution honors and recognizes the patriotism and contributions made by generations of veterans service organizations, veteran advocacy groups, and volunteers and commends the members of such organizations for their dedicated service to members of the Armed Forces, veterans, their families, and their communities. The resolution also encourages the people of the United States to promote awareness of the contributions and dedication of members of veterans service, organizations, veteran advocacy groups, and volunteers to members of the Armed Forces, veterans, and their families. Additionally, the resolution calls on citizens to follow the example of such groups and volunteer support and services to those who have served the country.

Maddy summaryThis bill restricts tax-exempt organizations (like charities and nonprofits) from holding investments in Chinese companies designated as "disqualified" under the law. A company is disqualified if incorporated in China, controlled by Chinese government entities (including sub-national governments or the Communist Party), or with over 10% ownership by such entities. Organizations must annually report holdings of these companies and obtain Treasury waivers for exceptions, which require justification that the investment need outweighs national security concerns. The Treasury must publish lists of disqualified investments and approved waivers quarterly.

Maddy summaryHR 5073, titled the "Promoting Domestic Energy Production Act," is a tax code amendment affecting oil and gas companies. It changes how businesses calculate adjusted financial statement income by removing specific deductions related to intangible drilling and development costs from their financial reports. The bill requires companies to disregard depreciation and depletion expenses taken into account on their financial statements for these costs when computing taxable income. This applies to tax years beginning after December 31, 2022, directly impacting oil and gas producers who use these accounting methods. The bill does not create new energy policies but alters tax accounting rules for the industry.

Maddy summaryHR 3904, the "Crop Insurance for Future Farmers Act," increases federal crop insurance subsidies for beginning farmers and ranchers. It revises the definition of a "beginning farmer" from 5 to 10 crop years of experience, allowing more new operators to qualify. The bill also establishes a tiered subsidy system: new farmers receive 15 percentage points higher subsidies for their first two years, 13 points for the third year, 11 points for the fourth year, and 10 points for years five through ten. This directly affects new agricultural producers by making crop insurance more affordable during their early years of operation.

Build the Wall and Fight Fentanyl Act of 2023 This bill establishes accounts to fund the construction of physical barriers along the U.S. southern border and to provide grants to address fentanyl abuse. These accounts shall be funded from the sale of assets belonging to cartels that have been seized by the Drug Enforcement Administration, U.S. Immigration and Customs Enforcement, or U.S. Customs and Border Protection. The bill defines cartel as (1) an organization with operations in Mexico and the United States designated as a significant transnational criminal organization; (2) certain named organizations, such as the Sinaloa Cartel and the Juarez Cartel; and (3) other organizations as designated by the President.

Maddy summaryThis bill expands employee ownership in S corporations by extending tax deferral for selling company stock to employee ownership plans (ESOPs), creating a Treasury Department office to provide education and technical assistance for ESOPs, and amending small business rules to maintain eligibility for government programs after ESOP ownership exceeds 49%. It establishes a new Labor Department "Advocate for Employee Ownership" to coordinate federal efforts, educate stakeholders, and recommend policy improvements. The bill directly affects S corporations using ESOPs, their employees who become owners, and small businesses that might lose government program access due to ESOP acquisitions. Key provisions include tax incentive extensions, new support offices, and updated small business classification rules.

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.

Strategy To Oppose Purposeful CCP Aggression at the United Nations Act of 2023 or the STOP CCP at UN Act of 2023 This bill requires actions to address efforts by China to expand its influence on the United Nations. Specifically, the bill requires the Department of State to establish the Office of Multilateral Strategy, which must implement a strategy to counter China at the United Nations. The office must report on its work to Congress. The State Department must also increase the number of U.S.-sponsored junior professional officers at the United Nations to match or exceed the number of such officers sponsored by China. Furthermore, the State Department and the U.S. Permanent Representative to the United Nations must report to Congress annually about China's actions to expand its influence on the United Nations, including through coercion, intimidation, and other illegitimate means.

Maddy summaryHR 4709, the U.S.-Israel Anti-Killer Drone Act of 2023, amends a reporting requirement in the National Defense Authorization Act to enhance U.S.-Israel cooperation on countering Iranian drone threats. The bill requires the Secretary of Defense to submit a report within 180 days detailing the status of joint efforts to develop and deploy counter-drone technologies, including assessments of current capabilities and proposed policy changes. It also increases funding for this cooperation from $40 million to $55 million annually. The bill directly affects U.S. and Israeli military operations by mandating formal coordination to address Iran’s growing arsenal of armed drones, which have been used against U.S. allies like Israel and Saudi Arabia. This is a procedural bill focused on improving existing coordination, not on new weapons or sanctions.

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.