Maddy summaryThis bill amends U.S. financial sanctions law to require the Treasury Secretary to specifically consider whether foreign banks knowingly provide banking services (including personal accounts) to entities designated under the Taylor Force Act, which targets groups that murder U.S. citizens. It directs Treasury to designate as "of primary money laundering concern" foreign banks that facilitate terrorism payments, particularly those using U.S. correspondent accounts. The law adds two new factors for Treasury to evaluate: (1) whether a bank knowingly serves entities listed in the Taylor Force Act regulations, and (2) whether the bank’s accounts or transactions help fund acts of terrorism. This directly affects foreign financial institutions operating in the U.S. financial system that may inadvertently or intentionally support terrorist organizations.
Rep. Adrian Smith
Sponsored bills
This resolution supports the designation of National FFA Week. It also (1) recognizes the important role of the National FFA Organization (Future Farmers of America) in developing the next generation of leaders who will change the world, and (2) celebrates the 90th anniversary of the iconic FFA jacket.
Maddy summaryThis bill amends the Higher Education Act to exempt certain family-owned assets from being counted when calculating federal student aid eligibility. Specifically, it excludes family farms where the family resides and small businesses with 100 or fewer full-time equivalent employees owned and controlled by the family. These assets will no longer be considered when determining a student's financial need for aid programs. The change directly affects students from qualifying family farms or small businesses when applying for federal financial aid. The exemption applies to assets held by the family, not just the business itself.
Maddy summaryHR 1200, the National Right-to-Work Act, prohibits requiring workers to join a union or pay dues as a condition of employment in both private-sector workplaces (covered by the National Labor Relations Act) and railroad industries (covered by the Railway Labor Act). The bill amends key sections of these laws to eliminate provisions that allowed union security agreements, meaning workers in unionized settings would no longer be forced to pay dues to retain their jobs. This directly affects employees in unionized workplaces across the U.S., particularly those in industries with existing union contracts that included mandatory dues. The law changes the legal framework to ensure union membership and dues payment remain voluntary for all workers.
Maddy summaryHJRES 33 is a symbolic congressional resolution acknowledging Vietnam War veterans' service and formally apologizing for their mistreatment upon returning home. It recognizes the sacrifice of over 58,000 service members killed and 300,000 wounded during the war, including veterans exposed to harmful herbicides like Agent Orange. The resolution urges the President to acknowledge this mistreatment as part of the Vietnam War Commemoration and issues a formal apology on behalf of the American people. It also calls for increased educational efforts in schools to highlight veterans' courage and the lack of support they faced after the war. (Note: This is a non-binding resolution, not a law, so it has no direct legal or financial impact.)
Maddy summaryHR 997, the English Language Unity Act of 2023, would establish English as the official language of the United States government. It requires all federal government functions, including laws, regulations, and public communications, to be conducted in English, with exceptions for national security, disability education, census activities, and public health. The bill also sets uniform English language standards for naturalization, requiring applicants to read and understand the Declaration of Independence, Constitution, and U.S. laws, with naturalization ceremonies conducted solely in English. This legislation directly affects federal agencies, government communications, and individuals seeking U.S. citizenship.
Prohibiting IRS Financial Surveillance Act This bill prohibits the Department of the Treasury from requiring a financial institution to report the transfers into and out of a financial account. This prohibition does not apply to laws or regulations in effect on January 1, 2023.
Protect Farmers from the SEC Act This bill prohibits the Securities and Exchange Commission from requiring the disclosure of greenhouse gas emissions related to agricultural products.
Maddy summaryHR 976, the TCJA Permanency Act, makes permanent many tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) that were scheduled to expire after 2025. The bill affects individual taxpayers by keeping lower tax rates, higher standard deductions, increased child tax credits, and other key changes permanently. Key provisions include permanent modifications to income tax brackets, repeal of personal exemptions, limits on state and local tax deductions, and increased estate and gift tax exemptions. These changes would prevent the tax code from reverting to pre-TCJA rates and rules for millions of taxpayers.
Maddy summaryHR 936, the Tanning Tax Repeal Act of 2023, repeals a 10% federal excise tax on indoor tanning services that was originally enacted under the Affordable Care Act. This bill directly affects tanning salons and businesses providing indoor tanning services by eliminating their obligation to pay this tax on customer services. The repeal applies to services performed after the bill's enactment date, removing the tax provision from the Internal Revenue Code. The bill does not create new requirements or alter other tax policies, solely removing this specific tax.