Maddy summaryHR 8147 repeals the Corporate Transparency Act, which required certain businesses (typically those with more than 20 employees) to report beneficial ownership details to the Treasury Department. This bill eliminates the requirement for companies to disclose who ultimately owns or controls them, directly affecting business owners and financial institutions that previously submitted this information. The bill also makes minor technical changes to Title 31 of the U.S. Code to remove references to the repealed provisions. The repeal would end the existing financial transparency reporting obligation for covered entities.
Rep. John W. Rose
Sponsored bills
Maddy summaryHR 5947 terminates specific U.S. waivers and licenses related to Iran, ending a 2023 waiver that allowed funds transfer from South Korea to Qatar. It prohibits the Treasury Department from reissuing similar waivers or licenses for the same purpose and blocks the President from granting Iran access to certain designated financial accounts established under prior laws. The bill directly affects U.S. foreign policy implementation by restricting how Treasury handles Iran-related financial transactions. It enacts concrete policy changes by ending existing authorizations and preventing future approvals for Iran to access specific accounts.
Maddy summaryHR 3591, the Asylum Accountability Act, removes a 10-year bar to adjusting immigration status for asylum seekers who fail to appear at their removal hearing. It amends Section 240(b)(7) of the Immigration and Nationality Act by eliminating the phrase "for a period of 10 years after the date of the entry of the final order of removal." This change directly affects individuals seeking asylum who miss their scheduled removal proceedings. The key provision simplifies the process by allowing these individuals to immediately apply for status adjustment after a final removal order, without waiting a decade. The bill makes a specific procedural change to immigration law without altering broader asylum eligibility criteria.
Maddy summaryThis bill establishes the Financial Stability Oversight Council's Advisory Committee on Economic Fallout From Chinese Military Aggression Towards Taiwan. The committee, composed of financial regulators, market participants, and geopolitical experts, will study market vulnerabilities related to potential Chinese military action against Taiwan. It must annually produce reports analyzing risks to U.S. banking systems, market volatility, economic costs, and recommendations for improving market resilience. These reports will include specific assessments of impacts on U.S. markets, Treasury holdings, and potential responses to disruptions like a Taiwan invasion or blockade. The committee's work aims to prepare U.S. financial systems for economic shocks without making direct policy changes.
Maddy summaryThis bill bans airlines from transporting non-citizens using three specific documents: the CBP One mobile app, DHS Form I-385 (Notice to Report), and DHS Form I-862 (Notice to Appear). It also prohibits the Department of Homeland Security from accepting these documents as valid ID for domestic air travel. The law directly affects airlines that might facilitate travel for individuals relying on these documents and travelers using them for flight boarding. Key provisions explicitly list the banned documents in federal law, removing them as acceptable identification for air travel under U.S. Code.
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.
Accurate Credit Reporting for Homebuyers Act This bill requires lenders at government-sponsored enterprises (i.e., Fannie Mae and Freddie Mac) to obtain a borrower’s consumer report and credit score from all three of the national credit reporting agencies when purchasing a residential mortgage loan. Currently, lenders are allowed to use either two or three credit reports.
Child Tax Credit Integrity Act This bill requires an individual taxpayer to provide social security account numbers to claim the child tax credit. The social security number must be that of the taxpayer and the taxpayer's spouse (for joint returns) and the child named on the tax return.
Maddy summaryHR 5499, titled "Congressional Oversight of the Antiquities Act," would amend the Antiquities Act to impose time limits on national monument designations. It requires that any national monument established by presidential proclamation under the law expires after six months unless Congress extends it, and if not extended, the land cannot be re-designated as a monument for 25 years. This directly affects federal land managers and future presidents, who would need congressional action to maintain or expand monument boundaries. The bill changes the current process by adding automatic expiration and a long-term moratorium on re-designation, shifting authority to Congress.
Maddy summaryThis resolution (HRES 1086) is a symbolic gesture expressing the House's support for designating March 19, 2024, as "National Agriculture Day." It does not create new laws or policies, but instead formally recognizes agriculture as a vital industry in the U.S. economy. The resolution celebrates agriculture's broad economic impact without imposing any requirements or changes on farmers, consumers, or government programs. It is a commemorative statement, not a substantive legislative action.