Rep. Guy Reschenthaler

Maddy summaryThis bill creates a federally chartered National Center for the Advancement of Aviation to develop the U.S. aviation and aerospace workforce. The Center will provide grants for education and training programs, including scholarships, internships, and curriculum development for middle schools, high schools, and colleges focused on aviation careers. It will specifically support underrepresented groups and veterans transitioning to aviation careers while coordinating with government agencies to avoid duplicating existing programs. The Center must operate as a non-profit entity, maintain tax-exempt status, and submit annual reports to Congress on its activities.

This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.

Maddy summaryHRES 311 is a non-binding House resolution encouraging the expansion of the Abraham Accords to promote normalization of relations between Israel and additional countries. It urges the U.S. government to support these agreements while ensuring tangible security and economic benefits for citizens in participating nations. The resolution expresses support for U.S.-Israel security cooperation and existing financial commitments under the U.S.-Israel Memorandum of Understanding. As a symbolic measure, it does not create new legal requirements but formally advocates for deeper regional diplomatic engagement.

Maddy summaryHR 2849 creates a tax credit for U.S. manufacturers producing rare earth magnets. The credit offers $20 per kilogram for magnets made with domestically sourced materials, or $30 per kilogram if at least 90% of the rare earth components are produced in the U.S. The credit phases out over time, reducing to 70% in 2033, 35% in 2034-2035, and ending after 2035. To qualify, manufacturers must not use materials from non-allied foreign nations and must produce magnets as part of their regular business operations.

Maddy summaryHR 2808, the Arnold Daniel Palmer Commemorative Coin Act, authorizes the U.S. Mint to produce three commemorative coins in 2029 honoring golfer Arnold Palmer: $5 gold coins (50,000 max), $1 silver coins (400,000 max), and half-dollar clad coins (750,000 max). The bill requires coin designs to feature Palmer's image and includes surcharges ($35 for gold, $10 for silver, $5 for half-dollar) that fund the Arnold & Winnie Palmer Foundation. All surcharge revenue must support the Foundation's work in youth health, character development through golf, and nature wellness programs. The coins are legal tender but will only be issued in 2029, with all funds covering minting costs before surcharges are directed to the Foundation.

Maddy summaryHR 2743 prohibits large financial institutions (over $100 billion in assets) from denying banking services to lawful businesses based on subjective political reasons, industry type, or reputational concerns. It requires these institutions to use objective, risk-based assessments for service decisions and provide written justifications for denials. The law applies to banks, credit unions, and payment networks, with civil penalties for violations including fines up to $10,000 per incident. It specifically ensures businesses operating legally under federal law receive fair access to financial services without discrimination. The bill mandates that denials be based on documented risk factors, not political bias or category-based exclusion.

Contact Lens Prescription Verification Modernization Act This bill revises the requirements for the verification of prescriptions related to the purchase of contact lenses. Specifically, online sellers of prescription contact lenses must provide consumers with a method to transmit a digital copy of their prescriptions to such sellers. Online sellers also must encrypt protected health information they send by email. Additionally, the bill prohibits any seller of prescription contact lenses from using telephone calls with an artificial or prerecorded voice (i.e., robocalls) to verify a consumer's prescription.

Homeland and Cyber Threat Act or the HACT Act This bill allows claims in federal or state court against foreign states that conduct or participate in cyberattacks against U.S. nationals.

American Innovation and R&D Competitiveness Act of 2023 This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.

Maddy summaryHR 2726, the Small Business Payment for Performance Act of 2023, requires U.S. government agencies to provide small businesses with interim partial payments when they unilaterally change construction contract terms. Specifically, it mandates that agencies pay at least 50% of the estimated additional costs requested by small businesses within the timeframe specified by the contract. The bill also requires small businesses to pass these interim payments to first-tier subcontractors and any lower-tier subcontractors who incurred increased costs due to the contract change. This law applies directly to small business concerns awarded federal construction contracts and takes effect by October 1, 2025, or the start of the next full fiscal year after enactment.