Rep. Marie Gluesenkamp Perez

Maddy summaryThe Carried Interest Fairness Act of 2025 would change how certain investment management compensation is taxed by reclassifying net capital gains from "investment services partnership interests" as ordinary income rather than capital gains. This would affect private equity and hedge fund managers who receive carried interest as compensation, changing their tax treatment from capital gains rates to ordinary income rates. The bill creates specific rules that treat net capital gains as ordinary income while limiting capital losses to the amount of previously taxed ordinary income. It also requires that gains from dispositions of these interests be treated as ordinary income, and establishes special rules for qualified capital interests within these partnerships. The legislation would apply to partnerships where individuals provide investment management services related to the partnership's assets.

Maddy summaryHR 1046, the Marc Fischer Memorial Act, requires the Bureau of Prisons to implement digital mail scanning technology at all federal prisons to detect fentanyl and other synthetic drugs in inmate mail. It mandates a strategy within 90 days of an evaluation, including 100% scanning of all mail, digital copies of mail to inmates within 24 hours, and physical mail delivery within 30 days for non-contaminated items. The bill directly affects federal prison staff, inmates, and the Bureau of Prisons by aiming to reduce drug-related overdoses and alleviate staff workload tied to mail processing. Implementation must be completed within three years, with annual reports tracking detected drugs and strategy efficiency. The legislation focuses on concrete technological and procedural changes to enhance safety, referencing a successful pilot program at two facilities.

Maddy summaryHR 1090, the Truth in Tuition Act of 2025, requires colleges and universities receiving federal financial aid to provide clearer tuition cost information to students. Specifically, institutions must offer either a multi-year tuition and fee schedule or a single-year schedule plus a nonbinding estimate of total costs after financial aid for the full program duration, showing year-by-year costs. The bill mandates that estimates include historical accuracy data on past projections versus actual costs. This applies directly to students enrolling in undergraduate or graduate programs at participating institutions, aiming to improve cost transparency for financial planning.

Maddy summaryThe CONSTRUCTS Act of 2025 creates a federal grant program to fund training programs at community colleges and career schools focused on residential construction careers. It targets rural areas and underserved populations - including veterans, low-income individuals, and groups with historically low representation in construction - to develop skills in trades like carpentry, plumbing, electrical work, and HVAC. Grants, totaling $20 million annually from 2026-2030, require flexible scheduling, partnerships with construction employers, and plans to increase affordable housing supply through workforce development. The bill directly affects community colleges in rural or underserved regions and their students seeking residential construction careers.

Maddy summaryHR 991, the Cost Estimates Improvement Act, requires the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) to include debt servicing costs (interest payments on the national debt) in their budget estimates "to the extent practicable." This change directly affects how Congress evaluates the fiscal impact of proposed legislation, as these estimates determine whether bills qualify for budget reconciliation and influence funding decisions. The key mechanism amends the 1974 Congressional Budget Act to mandate this inclusion within existing cost estimation processes. The bill does not alter spending or tax policy but aims to make budget scoring more comprehensive by accounting for ongoing interest costs.

Maddy summaryThis bill modifies corporate tax rules to prevent companies from avoiding US taxes by moving operations overseas. It targets tax breaks that companies currently use when they outsource work to foreign countries or reorganize as foreign entities (so-called "inverted corporations"). The bill requires companies to pay tax on foreign profits based on each country where they operate, limits tax deductions for interest by multinational corporations, and treats foreign corporations managed in the US as domestic for tax purposes. These changes aim to close loopholes that allow companies to reduce their US tax burden through foreign operations.

Maddy summaryThis bill establishes a federal right to access contraception, protecting individuals' ability to obtain contraceptives and health care providers' ability to offer them without government interference. It prohibits states from banning or restricting contraceptive services, products, or information, including laws that force providers to deny care based on personal beliefs or limit access to specific methods. The law immediately overrides conflicting state regulations and ensures that contraception remains available regardless of factors like race, income, disability, or location. It applies to all individuals and providers, building on existing federal protections like the Affordable Care Act's coverage requirements.

Maddy summaryHR 996 extends and enhances a tax credit for employers that provide paid family and medical leave to employees. The bill gives eligible employers two options for claiming the credit: either a percentage of wages paid to employees on leave or a percentage of premiums paid for an insurance policy covering such leave (calculated as if leave were always available). It clarifies that state or local government-paid leave counts toward an employer’s leave provision but not toward the credit amount, and prevents double benefits by disallowing deductions for expenses used to claim the credit. The Small Business Administration and Internal Revenue Service must conduct outreach to help employers understand and access this credit.

Health Care Workforce Innovation Act of 2025 This bill establishes the Health Care Workforce Innovation Program within the Health Resources and Services Administration to provide grants to federally qualified health centers, rural health clinics, and post-secondary vocational programs for developing education and training for allied health professionals (e.g., professionals providing clinical or non-clinical support services, community health workers, and health education specialists). Specifically, grant recipients must use the funds to carry out innovative, community-based programs to train allied health professionals, with a focus on supporting rural and underserved areas. Grant recipients may use the funds to launch or expand health care professional partnerships (e.g., between a grant recipient and a school), establish apprenticeship or other career programs, or invest in training equipment, among other activities.

Medicare Patient Access and Practice Stabilization Act of 2025 This bill increases certain payment adjustments under the Medicare physician fee schedule for services furnished between April 1, 2025, and January 1, 2026.