This resolution supports the preservation of the stepped-up basis tax rule that allows recipients of inherited assets such as land, equipment, or buildings to adjust the cost basis of the assets to reflect their fair market value. The resolution opposes any efforts to impose new taxes on family farms or small businesses and recognizes the importance of generational transfers of farm and family-owned businesses.
Rep. Stephanie I. Bice
Sponsored bills
Maddy summaryThis bill amends the Higher Education Act to require colleges and universities receiving foreign funds to publicly disclose more detailed information. Specifically, it mandates that institutions report the full identity of foreign sources (including individuals and organizations), the name of any foreign government involved, and the specific department, project, or division within the institution that receives the funds, along with the intended purpose of the payment. These changes apply to all foreign gifts and contracts reported under Section 117 of the Higher Education Act. The policy aims to increase transparency about foreign financial relationships with U.S. educational institutions.
Maddy summaryHR 1141, the Natural Gas Tax Repeal Act, repeals a specific provision (Section 136) of the Clean Air Act that established an incentive program for reducing methane emissions and waste in natural gas systems. This bill directly affects natural gas producers and operators who previously participated in or were subject to the methane emissions reduction program. The key mechanism is the removal of this incentive program, eliminating federal requirements and financial incentives related to methane waste reduction for the natural gas industry. The bill also rescinds unobligated funds allocated for this program. This is a policy change removing a regulatory incentive, not a tax repeal.
Maddy summaryHR 1058 streamlines approval for new cross-border energy infrastructure projects in the U.S., directly affecting energy companies seeking to build oil/gas pipelines or electricity transmission lines across U.S. borders with Canada or Mexico. It replaces Presidential permits with a new "certificate of crossing" process managed by FERC (for pipelines) or the Department of Energy (for electricity), requiring decisions within 120 days unless the project lacks public interest. The bill also mandates that natural gas import/export applications be approved within 30 days and repeals a requirement for Federal Power Act approval for electricity projects. Existing facilities and projects with pending permits as of the bill's enactment are exempt from these new rules.
Bureau of Land Management Mineral Spacing Act This bill revises requirements for oil and gas or geothermal drilling permits under the Mineral Leasing Act as well as the Geothermal Steam Act of 1970. Specifically, the bill prohibits the Department of the Interior from requiring an operator to obtain a federal drilling permit for oil, gas, or geothermal exploration and production activities conducted on a nonfederal surface estate if (1) the federal ownership interest is less than 50% of the subsurface mineral estate to be accessed by the proposed action; and (2) the operator submits to Interior a state permit to conduct such activities on the nonfederal surface estate. Such activities are not considered to be a major federal action under the National Environmental Policy Act of 1969 (NEPA), and thus are not subject to environmental review requirements under NEPA. Further, such activities are not subject to requirements for federal actions under the National Historic Preservation Act of 1966 and the Endangered Species Act of 1973.
Maddy summaryHR 1591 amends the Elementary and Secondary Education Act to increase annual federal funding for impact aid programs that support school districts near military bases, national parks, and other federal properties. It authorizes specific, rising funding levels for four key areas: payments for federal land acquisitions ($90 million in 2024, growing to $150 million by 2029), basic payments to heavily impacted school districts ($1.6 billion in 2024, growing to $2.45 billion by 2029), payments for students with disabilities ($60 million in 2024, growing to $120 million by 2029), and school construction projects ($22.9 million in 2024, growing to $45.4 million by 2029). These appropriations represent incremental steps toward full federal funding for these aid programs, as specified in the bill's text. The bill directly affects school districts located near federal land, providing predictable annual funding increases for their operational and infrastructure needs.
Maddy summaryThis bill authorizes a Congressional Gold Medal to honor the "Hello Girls" - female telephone operators who served in the Army Signal Corps during World War I. They provided critical battlefield communications in France (connecting 26 million calls), wore military uniforms, and faced combat risks, but were denied veteran benefits for 60 years due to being classified as civilian contractors. The medal recognizes their pioneering service, devotion, and the decades-long struggle to gain military recognition. The award follows similar recognition for other WWII women veterans and aims to correct the historical injustice they faced.
Maddy summaryThe PHIT Act of 2023 allows individuals and families to deduct certain fitness expenses as medical costs on their federal taxes. It covers gym memberships, fitness classes, and specific equipment used exclusively for exercise (like home workout gear), with a yearly limit of $1,000 ($2,000 for joint returns). Expenses for activities like golf, hunting, or non-exercise-focused facilities (e.g., private clubs) are excluded, and equipment must be used solely for physical activity. This directly affects taxpayers who pay for qualifying fitness programs, making these costs partially tax-deductible under revised IRS rules.
Maddy summaryHRES 215 is a symbolic resolution recognizing Nowruz, the ancient Persian New Year celebrated by over 300 million people worldwide, including Iranian Americans. It acknowledges Nowruz’s 3,000-year cultural history, its themes of renewal and human rights, and expresses appreciation for Iranian Americans’ contributions to U.S. society. The resolution has no binding policy impact but formally supports the holiday’s observance and the values of freedom and tolerance it embodies.
Continuing Robust and Uninhibited Drilling and Exporting Act or the CRUDE Act This bill limits the President's authority to restrict the export of crude oil from the United States. Currently, the President may restrict the export of oil for up to a year if the President declares a national emergency; the restrictions apply to countries, persons, or organizations for reasons of national security; or the Department of Commerce finds and reports to the President that the export of crude oil has caused sustained material oil supply shortages or sustained oil prices significantly above world market levels and those shortages or price increases have caused or are likely to cause sustained material adverse employment effects. However, this bill only allows the President to make such restrictions if the restrictions apply to countries, persons, or organizations for reasons of national security; or the Department of Defense, the Department of Energy, and Commerce jointly make those findings and report them to the President and Congress.