Rep. Adrian Smith

Maddy summaryHR 5921, the "No U.S. Financing for Iran Act of 2023," prohibits U.S. financial institutions from authorizing transactions related to Iran's imports or exports (excluding agricultural goods, food, medicine, and medical devices for civilians). It also requires the U.S. to oppose International Monetary Fund (IMF) financial aid to Iran and block Iran's access to IMF Special Drawing Rights. The bill amends the Export-Import Bank Act to ban U.S. financing for Iran's government or state-controlled entities. The law expires either 30 days after the President certifies Iran has stopped supporting international terrorism and is no longer a major money laundering concern, or 10 years from enactment.

Maddy summaryHRES 1148 is a resolution passed by the U.S. House of Representatives that condemns the Iranian government for supporting terrorism, regional proxy conflicts, and internal suppression of dissent - including its crackdown on protests following Mahsa Amini's death in 2022. It specifically calls for maintaining sanctions against Iran, supporting the Iranian Resistance's Ten-Point Plan (which advocates for a democratic, secular, nonnuclear Iran), and protecting Iranian political refugees in Albania. The resolution also affirms the Iranian people's right to self-determination under international law and urges the U.S. to recognize their struggle for freedom. As a non-binding resolution, it does not create new laws but formally expresses congressional stance.

Maddy summaryH.J.Res. 116 seeks to block a Department of Labor rule finalized on January 10, 2024, which aimed to clarify how businesses classify workers as employees or independent contractors under the Fair Labor Standards Act (FLSA). If passed, this resolution would prevent the rule from taking effect, directly affecting businesses that use independent contractors and their workers, who rely on FLSA protections for minimum wage and overtime pay. The bill uses a specific congressional process (under Chapter 8 of Title 5, U.S. Code) to disapprove the rule, rather than creating new policy. This action would maintain the existing classification standards until a new rule is established.

Maddy summaryHR 7873, the Firearm Due Process Protection Act, directly affects individuals denied firearm purchases through the National Instant Criminal Background Check System (NICS). The bill requires courts to hold hearings on challenges to NICS denials within 30 days and shifts the burden to the government to prove eligibility by "clear and convincing evidence." It also mandates annual FBI reports to Congress detailing the number of challenges processed, reversals of denials, and processing times. These provisions aim to expedite due process for people seeking to correct inaccurate NICS records affecting their firearm rights.

Maddy summaryHR 7770, the Rosie the Riveter Commemorative Coin Act, authorizes the U.S. Mint to produce and sell three commemorative coins honoring women who worked on the U.S. home front during World War II. It specifies $5 gold coins (max 50,000), $1 silver coins (max 400,000), and half-dollar coins (max 750,000), all to be issued between January 1, 2025, and December 31, 2025. Each coin sale includes a surcharge ($35 for gold, $10 for silver, $5 for half-dollar), with all surcharge funds directed to the Rosie the Riveter Trust for maintaining the Rosie the Riveter WWII Home Front National Historical Park and educational programs. The coins will feature designs reflecting the legacy of diverse women workers and must meet specific weight, diameter, and composition standards.

Maddy summaryHR 7725 would block federal funding for graduate medical schools that require students or staff to adopt specific statements about race, gender, or identity (like claiming systemic racism or collective guilt), use race-based distinctions in admissions or programs, maintain DEI offices, or mandate "diversity statements" for admission. It directly affects graduate medical schools at colleges/universities receiving federal financial aid, including student loans. The bill exempts medical education about race-related health needs, demographic data collection for reporting, and religious institutions from adhering to policies conflicting with their beliefs. Schools violating these rules would lose eligibility for federal funds, though they could still comply with anti-discrimination laws and provide general academic instruction.

Maddy summaryHR 7660, the Backcountry Aviation Protection Act, permits pilots to conduct specific low-altitude maneuvers - like go-arounds, inspection passes (evaluating landing sites), practice approaches, and qualified instrument approaches - without violating existing FAA altitude rules. It requires the FAA to revise regulations within 180 days to formally allow these maneuvers below standard minimum altitudes, while allowing aircraft to be in landing configuration during some maneuvers. The bill also prohibits FAA enforcement actions against these maneuvers for one year after enactment and clarifies that the FAA must prove violations in court, not the pilot. This directly affects pilots operating in remote backcountry areas who need to assess landing sites or practice procedures safely.

Long-term Opportunities for Advancing New Studies for Biomedical Research Act or the LOANS for Biomedical Research Act This bill requires the Department of the Treasury to establish the BioBonds Program to support loans for clinical trials for eligible drugs and medical devices for unmet medical needs. Under the program, fiscal agents purchase loans (up to $25 million per recipient) and issue collateralized bonds that are sold to investors and that are guaranteed by Treasury. An eligible borrower under this program is one conducting (or seeking to conduct) research related to a drug or device that is (1) intended to meet an unmet medical need; and (2) under investigation in certain types of controlled clinical trials, including a trial to investigate the safety and effectiveness of the drug or device.  The Government Accountability Office (GAO) and Treasury must report on the program; GAO must also study whether similar programs should be established for other biomedical research projects.

Maddy summaryHR 7450, the Protecting Privacy in Purchases Act, prohibits payment card networks and covered entities (like payment processors) from requiring or assigning merchant category codes that specifically identify firearms retailers as different from general stores or sporting goods retailers. This directly affects firearms retailers and payment networks by preventing them from using business classification codes that could flag firearm sales. The bill establishes an enforcement process where the Attorney General investigates complaints, issues remediation notices, and can seek court injunctions for non-compliance, while preempting state or local laws on this issue. It does not create private lawsuits for individuals.

Small Business Dependent Care FSA Opportunity Act  This bill allows certain small employers (employers with no more than 100 employees who received $5,000 in compensation from an employer) a new three-year tax credit for the startup costs of dependent care flexible spending plans. The amount of the credit is equal to the greater of $500 or the lesser of $250 for each eligible employee, or $5,000.