Rep. Virginia Foxx

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 summaryHJRES 44 is a congressional resolution seeking to block a 2021 rule by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF). The rule classified firearms with stabilizing braces as "short-barreled rifles," which would have required additional licensing and regulation. This resolution uses a specific legal process (under Title 5, U.S. Code) to formally disapprove the ATF rule, meaning the rule would no longer be in effect. It directly affects firearm owners, manufacturers, and dealers who would have been subject to the rule’s requirements.

Maddy summaryHJRES 45 is a congressional disapproval resolution targeting a specific Department of Education rule about federal student loans. It seeks to block the rule implementing "One-Time Federal Student Loan Debt Relief" (including modifications to Perkins, FFEL, and Direct Loan programs) by invoking the Congressional Review Act. If passed, this resolution would nullify the rule, preventing the Department of Education from using it to modify or waive student loan obligations. The bill directly affects borrowers who might have qualified for debt relief under the targeted rule.

Maddy summaryHR 277 would require Congress to approve major federal regulations before they take effect. Major rules are defined as those with significant economic impact ($100 million+ annually), major cost increases for consumers or industries, or significant adverse effects on competition, employment, or innovation. Agencies must submit detailed information about these rules to Congress, including cost-benefit analyses, before they can take effect. Congress would have 70 session days to approve the rule with a joint resolution; if they don't act within that timeframe, the rule would not take effect. This would increase congressional oversight of federal regulations and require more detailed information about proposed rules before they become law.

Maddy summaryThe FAIR Act (HR 4144) establishes a new income-driven repayment assistance plan that would limit borrowers' monthly payments to 10% of their adjusted gross income, with full loan forgiveness after 20 years of payments. It requires the Department of Education to provide borrowers with multiple notifications about repayment options, including the new income-driven plan, and creates new deferment options for borrowers facing economic hardship, medical issues, or military service. The bill modifies loan rehabilitation processes to allow borrowers to rehabilitate loans two times instead of one time and limits the Secretary's authority to issue regulations that could increase subsidy costs. This legislation directly affects borrowers of federal student loans made under Title IV of the Higher Education Act of 1965.

Honor and Remember Flag Recognition Act This bill designates the Honor and Remember Flag, created by Honor and Remember, Inc., as a national symbol to honor service members who died in the line of duty and specifies federal locations and dates for its display.

Maddy summaryThis bill allows small businesses and self-employed individuals to form shared health insurance plans across different industries, rather than being limited to their own industry. To qualify, the group must exist for at least two years, not discriminate based on health status, and have a governing board with 75% employer representation. These plans must offer equal coverage regardless of health conditions and can adjust premiums based on employer risk pools, while still prohibiting pre-existing condition exclusions. It directly affects small business owners and self-employed people seeking affordable group health options outside traditional industry boundaries.

Maddy summaryHR 4035, the Protecting Small Business Information Act of 2023, requires the Treasury Secretary to coordinate the effective dates of all rules under the Corporate Transparency Act. It mandates that all final rules related to beneficial ownership reporting must take effect on the same date, delaying implementation until the Secretary certifies to Congress that all rules are issued and will align on a single effective date. This directly affects small businesses required to report beneficial ownership information under the Corporate Transparency Act. The bill’s key mechanism is creating a unified implementation timeline, preventing staggered rule deadlines that could complicate compliance for small entities. It does not change reporting requirements but ensures a synchronized rollout of the regulations.

Maddy summaryThis bill requires that AM radio receivers be included as standard equipment in all new motor vehicles (such as cars and trucks) sold in the United States, with a rule to be issued by the Department of Transportation within one year. The rule must ensure AM radio is easily accessible on the dashboard and allows manufacturers to use digital AM radio technology instead of traditional AM. During the one-year period between the bill's enactment and the rule's effective date, manufacturers must clearly label vehicles without AM radio. The bill also directs a study to evaluate whether an alternative system could deliver emergency alerts as reliably as AM radio across the country, especially during crises.

Maddy summaryHRES 417 is a non-binding resolution commending North Carolina Central University's (NCCU) football team for winning the 2022 Celebration Bowl, the HBCU national championship. It specifically recognizes their 41-34 overtime victory over Jackson State University on December 17, 2022, marking NCCU's fourth Black College Football National Title. The resolution formally congratulates the team, university community, and requests that an official copy be sent to NCCU's chancellor, provost, and head coach. This is purely ceremonial with no policy changes or funding implications.