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.
Rep. John R. Moolenaar
Sponsored bills
Maddy summaryThe Beagle Brigade Act of 2023 establishes a National Detector Dog Training Center to train dogs and handlers for detecting foreign pests and diseases threatening U.S. agriculture and natural resources. The Center will collaborate with agencies like U.S. Customs and Border Protection and state agriculture departments to safeguard farms and ecosystems. It requires annual funding for operations and mandates a congressional report within one year detailing pest threats, Center effectiveness, and recommendations for improving detection capabilities. The law directly affects agricultural protection efforts by enhancing canine-based prevention of invasive species.
Maddy summaryThe ACRE Act of 2023 amends the tax code to exclude interest income from certain rural and agricultural loans from taxable income for eligible lenders. It directly affects banks, savings associations, and their wholly-owned entities that provide qualified loans secured by rural or agricultural real estate, including single-family homes in designated rural areas (with a $750,000 loan balance cap) or aquaculture facilities. The key provision allows these lenders to exclude interest earned on qualifying loans from their gross income, effectively reducing their tax liability on such lending activity. The bill applies to loans made after its enactment date and aligns with existing definitions of rural property from the Agricultural Credit Act of 1987.
Maddy summaryHR 3039, the DRIVE Act, prohibits the Federal Motor Carrier Safety Administration (FMCSA) from requiring speed limiting devices on trucks weighing over 26,000 pounds operating in interstate commerce. This directly affects commercial trucking companies and drivers transporting goods across state lines. The bill's key provision explicitly bans the FMCSA from issuing any rule mandating such devices, which are typically set to limit vehicle speed. The law applies specifically to interstate trucking operations and does not affect state-level regulations.
Maddy summaryHRES 358 is a symbolic resolution commemorating the 50th anniversary of the National Wild Turkey Federation (NWTF). It recognizes the NWTF's 50 years of work, including conserving over 22 million acres of habitat, investing $500 million in conservation, and recruiting over 1.5 million hunters since 2012. The resolution celebrates the NWTF's role as a key partner in wildlife conservation and hunting heritage efforts. As a non-binding resolution, it does not create new laws or funding but formally honors the organization's contributions to habitat conservation and outdoor traditions.
Maddy summaryThis bill prohibits financial institutions (like banks and credit card processors) from using special transaction codes that separately identify firearm or ammunition sellers. It directly affects gun retailers and the financial services they use, ensuring these businesses are treated the same as other merchants for payment processing. The key provision amends the Truth in Lending Act to ban covered entities from categorizing firearm transactions differently, requiring uniform handling of all business types. This changes how payment systems classify transactions but does not alter gun ownership laws.
Maddy summaryThe Employee Rights Act (HR 2700) amends key labor laws to strengthen employee rights in collective bargaining and privacy. It requires employers to use secret ballot elections for selecting bargaining representatives and to provide labor organizations with voter lists containing employee names and one form of contact information (chosen by the employee) within two business days of an election. The bill prohibits employers from using employee personal information for non-organizing purposes and mandates written authorization for using union dues on non-bargaining activities, with authorizations expiring after one year. Additionally, it clarifies joint employment standards to prevent misclassification and adds tribal sovereignty protections to labor law definitions.
This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.
This joint resolution nullifies a Department of Labor final rule entitled Adverse Effect Wage Rate Methodology for the Temporary Employment of H-2A Nonimmigrants in Non-Range Occupations in the United States and published on February 28, 2023. This rule makes changes to the methodology used to set adverse effect wage rates for H-2A workers (temporary agricultural workers), including by using Bureau of Labor Statistics wage surveys in certain instances. (Generally, the minimum wage for an H-2A worker is the highest of the adverse effect wage rate, the applicable minimum wage, the prevailing wage for that occupation in that area, or any agreed-upon collective bargaining wage.)
Maddy summaryHR 2849 creates a tax credit for U.S. manufacturers producing rare earth magnets. The credit offers $20 per kilogram for magnets made with domestically sourced materials, or $30 per kilogram if at least 90% of the rare earth components are produced in the U.S. The credit phases out over time, reducing to 70% in 2033, 35% in 2034-2035, and ending after 2035. To qualify, manufacturers must not use materials from non-allied foreign nations and must produce magnets as part of their regular business operations.