Rep. Marcy Kaptur

Maddy summaryThis bill helps new car dealers affected by pandemic-era supply chain disruptions by changing tax rules for inventory sales. It allows dealers using LIFO accounting to treat certain sales of unsold vehicles (liquidations) between March 2020 and December 2021 as "qualified" for tax purposes. Dealers can defer recognizing income from these sales and have until 2026 to replace the sold vehicles before potential tax adjustments apply. The provision specifically targets dealers who couldn't replenish inventory during the supply chain crisis.

Maddy summaryHR 660, "Ethan's Law," requires gun owners in homes where minors (under 18) or individuals prohibited from owning firearms under federal/state law reside to store firearms securely. It makes unsecured storage unlawful if a minor or prohibited person could access the firearm, with fines of $500 per violation and enhanced penalties (up to 5 years in prison) if injury or death occurs. The bill also establishes a federal grant program to help states implement similar secure storage laws and provides funding incentives for states that already have such laws in place.

Maddy summaryThis bill prohibits the possession, sale, or transfer of most large-capacity ammunition magazines (holding more than 15 rounds) for the general public, while exempting law enforcement officers (including campus security officers), retired officers, and certain licensed entities like nuclear facility security. It requires new magazines manufactured after enactment to have serial numbers and manufacturing dates, and allows federal grant funds to support buy-back programs for these devices. Existing owners of such magazines lawfully possessed before the law's enactment are exempt from the prohibition. The law applies to devices not already covered under current exemptions for law enforcement, nuclear security, and retired officers.

Maddy summaryHR 506, the HARM Act, requires the U.S. Secretary of State to designate the Wagner Group as a foreign terrorist organization under immigration law within 90 days of the bill's enactment. This designation would directly affect the Wagner Group and its affiliated entities, subjecting them to sanctions under U.S. law. The bill mandates that the designation apply to any successor or affiliated groups engaged in activities against U.S. interests, including operations in Ukraine, Africa, and the Middle East. It also requires the Secretary of State to submit an annual report on the Wagner Group's international activities to specific congressional committees. The bill focuses on the legal process for designation, not on outcomes or advocacy.

Maddy summaryThis bill creates a 20% tax credit for property owners who convert older office buildings (at least 25 years old) to residential, retail, or other commercial uses. To qualify, conversions must meet specific requirements, including that for residential conversions, at least 20% of units must be rent-restricted for low-income residents (earning 80% or less of area median income). The credit applies to qualified conversion costs incurred after the bill's enactment and aims to encourage revitalizing downtown areas with excess office space. This policy change directly affects commercial property owners and developers who convert eligible buildings.

Maddy summaryThis bill prohibits the export or sale of petroleum products drawn from the U.S. Strategic Petroleum Reserve to specific countries and entities, including China, Russia, North Korea, Iran, and any nation under U.S. sanctions. It also bans exports to entities owned or controlled by these countries or the Chinese Communist Party. The Secretary of Energy must enforce this ban, though they may issue a national security waiver for specific exports. The bill requires the Secretary to issue implementing rules within 60 days of enactment. It directly affects the Secretary of Energy, oil exporters seeking to use the Strategic Petroleum Reserve, and the listed countries/entities.

This resolution condemns Russia's invasion of Ukraine. The resolution also (1) calls on Russia to end the war and remove all of its troops from Ukraine; and (2) expresses support for the people of Ukraine in their defense of their country's freedom, independence, and democracy.

Maddy summaryHR 396, the Closing the Bump Stock Loophole Act of 2023, defines "bump stock" as any device or modification that increases the firing rate of a semi-automatic weapon to mimic a machine gun. The bill amends federal tax and firearms laws to classify bump stocks as prohibited devices under the National Firearms Act, requiring existing owners to register them within one year of enactment. It directly affects individuals who currently own bump stocks by mandating registration to avoid future possession prohibitions. The law takes effect immediately for new sales but provides a one-year grace period for existing owners to comply with registration requirements.

Maddy summaryHRES 30 is a ceremonial House resolution recognizing two milestones: the 94th anniversary of Dr. Martin Luther King, Jr.'s birth (January 15, 1929) and the 40th anniversary of the federal Martin Luther King, Jr. Holiday (observed January 16, 2023). It contains no policy changes or binding requirements, as it is purely commemorative. The resolution urges the House to observe both dates and encourages the public to honor Dr. King’s legacy and his vision of equality. It does not affect any individuals, groups, or government programs.

Capitol Remembrance Act This bill requires the Architect of the Capitol (AOC) to design and install in a prominent location in the U.S. Capitol a permanent exhibit that depicts the January 6, 2021, attack on the Capitol. To the extent possible, the AOC must preserve property that was damaged during the attack and include it in the exhibit. The AOC must also include (1) existing photographic records relating to the attack; and (2) a plaque to honor the U.S. Capitol Police and other law enforcement agencies that protected the Capitol, the individuals who died or sustained injuries to protect the Capitol, and the staff who helped restore the Capitol complex after the attack.