Maddy summaryThis bill increases the corporate tax rate on stock buybacks to 25 percent for large oil and gas companies that meet specific revenue and operational criteria. It targets corporations with an average annual gross receipt of at least $1 billion that are primarily engaged in producing, refining, processing, transporting, or distributing oil or natural gas. The higher tax rate applies only to stock repurchases made after the bill is enacted and before gasoline prices fall below $2.937 per gallon for five consecutive weeks. If gasoline prices drop below this threshold, the special tax provision ceases to apply, and companies may claim a partial reduction in their tax liability based on the duration of the high-price period.
Sponsored bills
Maddy summaryThe All Students Count Act of 2026 requires schools to break down educational data into more specific categories for Asian American and Native Hawaiian and Pacific Islander students, moving beyond broad groupings to include distinct ethnicities like Chinese, Vietnamese, and Samoan. This change mandates that states report performance metrics for these detailed subgroups within their existing accountability systems to better reflect the diverse backgrounds of these communities. The bill takes effect 18 months after enactment, allowing time for states to adjust their data collection and reporting processes to accommodate the new requirements.
Maddy summaryThis joint resolution seeks to reject a specific rule issued by the Department of Education concerning the William D. Ford Federal Direct Loan Program. If passed, it would nullify the rule and prevent it from taking effect, directly impacting federal student loan policies. The measure uses a congressional disapproval process under Title 5 of the United States Code to override the department's regulatory decision. It does not create new policies but instead stops an existing proposed regulation from being implemented.
Maddy summaryThis bill prohibits the enforcement of contractual clauses that prevent victims of sexual abuse of minors from disclosing their abuse or related facts. It directly affects survivors of child sexual abuse, alleged perpetrators, and any parties to agreements containing such nondisclosure provisions. The law declares these clauses void and unenforceable under public policy, applies retroactively to agreements made before or after enactment, and preempts state laws that would allow enforcement of prohibited clauses. The bill also preserves the ability to settle cases while still allowing disclosure of abuse-related information.
Maddy summaryThis resolution honors the life and legacy of John Seymour, a late U.S. Senator from California, by formally acknowledging his public service and contributions. The document details his career highlights, including his roles as Mayor of Anaheim, his work in securing the relocation of the Los Angeles Rams, and his legislative achievements such as passing a major transportation bill. It also lists his committee assignments and advocacy for issues like special education, women's rights, and environmental protection. Finally, the resolution requests that the Senate Secretary communicate this tribute to the House of Representatives and send a copy to Seymour's family.
Maddy summaryThe MARCH for Military Servicemembers Act repeals a specific federal law that previously restricted the use of Department of Defense medical facilities and funds for abortion care. By removing this restriction, the bill allows military healthcare providers to offer abortion services to servicemembers without fear of violating federal regulations. This change directly affects active duty personnel, reservists, and their dependents who rely on military healthcare systems. The legislation does not create new funding or mandate specific procedures but rather restores the ability of the Department of Defense to provide reproductive care consistent with other medical treatments.
Maddy summaryThe Ending Passenger Rail Forced Arbitration Act prohibits Amtrak from using mandatory arbitration agreements for consumer and civil rights disputes involving its customers. This legislation invalidates any pre-existing contracts that require passengers to resolve issues like discrimination claims or personal injuries through private arbitration instead of court. Additionally, the bill ensures that customers retain the right to participate in joint, class, or collective legal actions against Amtrak. Courts, rather than arbitrators, will determine whether these arbitration clauses are valid, while disputes covered by the Railway Labor Act remain unaffected.
Maddy summaryThis bill expands access to lung cancer screening and tobacco cessation support by requiring Medicaid to cover annual screenings and related counseling for eligible individuals without charging copayments or requiring prior approval. It also mandates that Medicare and private health insurance plans provide the same screenings without utilization management barriers, ensuring broader coverage across different healthcare systems. Additionally, the legislation authorizes a $10 million federal funding stream to run an education campaign aimed at informing high-risk patients and providers about screening importance and eligibility. The law includes a provision for a government study to examine demographic gaps in current screening guidelines and offers states a grace period to update their plans to comply with these new requirements.
Maddy summaryThis bill, titled the Restoring Overtime Pay Act of 2026, raises the minimum salary required for employees to be exempt from federal overtime pay rules, directly affecting workers classified as executive, administrative, or professional staff. It establishes a specific salary schedule that starts at $45,000 per week and increases annually to $75,000 by 2029, after which the threshold will automatically adjust to match the 55th percentile of national earnings for full-time salaried workers. Additionally, the legislation modifies the criteria for determining job duties, requiring that at least 20 percent of an employee's time be spent on executive or administrative tasks rather than the previous 40 percent standard. The law also mandates that the Bureau of Labor Statistics regularly publish earnings data and requires the Department of Labor to provide public notice before implementing any updated salary thresholds.
Maddy summaryThis Senate resolution designates the week of May 10 through May 16, 2026, as "National Police Week" to honor law enforcement officers across the United States. The measure formally recognizes the service and sacrifices of federal, state, local, and tribal police officers, including those who have died in the line of duty during 2025 and early 2026. By invoking existing federal authority, the bill encourages the public and government agencies to observe this week by acknowledging the essential mission of police work and supporting officer safety. The resolution also expresses condolences to the families of officers who have made the ultimate sacrifice and reaffirms support for communities served by law enforcement.