Maddy summaryHJRES 143 is a congressional resolution seeking to block a Department of Labor rule that would amend specific exemptions for retirement investment transactions. The bill targets a rule (published April 25, 2024) that would change how retirement funds can invest, particularly affecting retirement plan providers and fiduciaries managing employee savings. It directs Congress to disapprove the rule under a specific federal law, meaning the rule would not take effect if passed. This is a procedural step to halt the rule's implementation, not a new policy change.
Rep. Beth Van Duyne
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Maddy summaryHJRES 140 is a resolution requesting Congress to disapprove a Department of Labor rule that amended Prohibited Transaction Exemption 2020-02. The rule, published in the Federal Register on April 25, 2024, would have changed how retirement plan fiduciaries can engage in certain investment transactions, specifically affecting retirement account providers and administrators. If approved, this resolution would block the rule from taking effect, directly impacting entities managing retirement funds that rely on the exemption framework. The bill uses the statutory disapproval process under Chapter 8 of Title 5, U.S. Code, to halt the rule’s implementation.
Maddy summaryH.J.Res. 141 is a congressional resolution disapproving a Department of Labor rule (89 Fed. Reg. 32302, April 25, 2024) that amended Prohibited Transaction Exemption 84-24. This rule would have changed regulations governing retirement investment transactions, specifically affecting how financial institutions and retirement plan administrators handle certain transactions. The resolution, if passed, would block the rule from taking effect by invoking the disapproval process under Title 5 of the U.S. Code. It directly impacts retirement plan providers and financial firms that rely on this exemption for investment activities. The bill does not create new policy but seeks to prevent the implementation of the specific Department of Labor rule.
Maddy summaryHRES 1226 is a non-binding resolution honoring 282 law enforcement officers killed in the line of duty during 2023, listed by name in the resolution. It formally acknowledges their sacrifice, expresses unwavering support for current officers, and recognizes the need for adequate resources to protect them. The resolution does not create new laws or policies but serves as a ceremonial tribute to memorialize fallen officers and support their families, aligning with existing National Police Week observances established since 1962.
Maddy summaryHR 8295, the Immediate Support for Israel Act, amends an existing appropriations law to require that any ammunition purchased under the Israel Security Supplemental Appropriations Act, 2024, be delivered to Israel within 30 days of procurement. This change directly affects the timing of military aid delivery, applying specifically to ammunition acquired under the referenced 2024 supplemental funding. The key provision replaces a previous delivery condition with a strict 30-day deadline for all such ammunition. The bill does not create new funding or alter the scope of the original appropriations.
Maddy summaryThe Hands Off Our Home Appliances Act amends federal energy efficiency standards for home appliances, requiring the Department of Energy to set or update standards only if they are technologically feasible, economically justified (meaning they don’t increase net consumer costs and provide significant energy savings), and maintain product performance. It creates a new petition process allowing stakeholders to request changes to standards if evidence shows they cause excessive costs, fail to save energy, or make products unavailable. The bill also mandates a 2-year review of each new standard to confirm its feasibility and justification, with the option to revise or remove it if criteria aren’t met. These changes directly affect appliance manufacturers, the Department of Energy, and consumers purchasing energy-efficient products.
Maddy summaryThis bill designates the U.S. Postal Service facility at 2395 East Del Mar Boulevard in Laredo, Texas, as the "Lance Corporal David Lee Espinoza, Lance Corporal Juan Rodrigo Rodriguez & Sergeant Roberto Arizola Jr. Post Office Building" to honor these three military service members. It changes the official name of the building for all government references, maps, and records, but does not alter postal services or create new policy. The bill was enacted on May 7, 2024, following passage by both the House and Senate.
Maddy summaryHR 8231, the James Earl Jones Congressional Gold Medal Act, authorizes a Congressional Gold Medal to be awarded to actor James Earl Jones in recognition of his distinguished career in theater and film, and his role in advancing inclusion and equal opportunities for people of all backgrounds in the entertainment industry. The Treasury will strike the medal with an image and inscription of Jones, and may produce and sell bronze duplicates to cover costs, with proceeds deposited into the U.S. Mint's public enterprise fund. This bill serves as a ceremonial honor with no new legal requirements or policy changes.
Maddy summaryHR 8221, the "Hamas Supporters Have No Home Here Act," amends U.S. immigration law to bar non-citizens charged with crimes related to participating in pro-terrorism or antisemitism rallies from entering or remaining in the United States. The bill adds new inadmissibility grounds under Section 212(a)(3) and makes such individuals ineligible for deportation relief under Section 241(b)(3). It directly affects non-citizens facing criminal charges tied to these specific types of demonstrations, regardless of whether they are charged with supporting Hamas specifically. The law changes existing immigration procedures to automatically deny entry or removal relief for those convicted of crimes connected to these rallies.
Maddy summaryThe Growing and Preserving Innovation in America Act of 2024 amends the Internal Revenue Code to reduce the tax deduction rate for foreign-derived intangible income (FDII) from 50% to 37.5%. This directly affects U.S. corporations earning income from intellectual property abroad, as it lowers the tax deduction they can claim on that income. The change takes effect on the date the bill is enacted, altering the tax treatment of foreign-derived income for affected businesses. The provision is a specific policy adjustment to the tax code, not a broader innovation incentive.