Sen. Mike Crapo

Maddy summaryThis bill prohibits the IRS from requiring financial institutions to report new types of account activity, such as deposits, withdrawals, balances, or transaction details. It directly affects banks and other financial institutions that might otherwise be mandated to share this data. The law blocks any new reporting requirements but allows existing programs (in place when the bill passes) to continue. It does not change current IRS data collection practices under existing laws. The bill aims to limit the scope of financial data the government can access from financial institutions.

Maddy summaryThis resolution (SRES 63) is a symbolic Senate measure formally celebrating Black History Month. It acknowledges the contributions of African Americans to U.S. history and society, recognizes the origins of Black History Month (beginning as Negro History Week in 1926), and encourages nationwide reflection on this history. The resolution does not create new laws or policies but serves as a formal Senate acknowledgment of the significance of Black History Month in February. It aims to honor the legacy of African American pioneers and promote learning about their impact on the nation.

Maddy summaryThis symbolic Senate resolution designates March 3, 2023, as "National Speech and Debate Education Day" to honor the value of speech and debate programs in schools. It does not create new laws or affect specific groups, but encourages educational institutions, businesses, and communities to recognize these programs. The resolution highlights how speech and debate education develops communication, critical thinking, and civic skills in students. It formally affirms the importance of these programs without imposing any requirements or funding changes.

This bill prohibits the Internal Revenue Service from using the additional funding for enforcement activities provided by the Inflation Reduction Act of 2022 to conduct audits of taxpayers with taxable incomes below $400,000.

Maddy summaryThe Hearing Protection Act (S 401) reclassifies firearm silencers as firearms under federal tax law, requiring them to be taxed at 10% like other firearms starting 90 days after enactment. It mandates the destruction of all existing federal silencer registration records within one year and preempts state laws that tax, regulate, or require registration of silencers. The bill directly affects silencer owners, manufacturers, and dealers by changing federal tax treatment, eliminating federal registration requirements, and overriding conflicting state regulations. Key provisions include updated definitions for silencers, new marking requirements for manufacturers, and removal of federal registration barriers.

Maddy summaryThis bill requires federal financial regulators (like the Federal Reserve or SEC) to analyze how new rules would affect food, electricity, and fuel prices before implementing them. Specifically, it mandates that regulators provide detailed, multi-year price impact estimates - broken down by Consumer Price Index categories - when proposing rules affecting agricultural or energy supply chain businesses. Regulators cannot adopt such rules if the analysis shows price increases, unless the annual Consumer Price Index growth is below 4.5%. The law directly affects businesses in food/energy supply chains and the federal agencies that write financial regulations.

Maddy summaryThe Build the Wall Now Act (S 422) requires the immediate resumption of border barrier construction along the U.S.-Mexico border that was underway or planned before January 20, 2021, prohibiting cancellation of existing contracts and directing use of previously appropriated funds for this purpose. The bill mandates honoring agreements with states, local governments, and tribes related to border barrier construction and amends existing law to change definitions of border barriers and construction requirements. It grants the Secretary of Homeland Security broad waiver authority to bypass numerous environmental, historical, and other legal requirements that would otherwise apply to border barrier construction. This legislation directly affects border communities, environmental regulations, and the Department of Homeland Security's operations along the southern border.

Maddy summaryThis joint resolution (SJRES 7) seeks congressional disapproval of a 2023 rule defining "Waters of the United States" (WOTUS), which would have changed how federal agencies regulate wetlands and waterways. It targets a rule jointly issued by the Army Corps of Engineers, EPA, and other agencies (88 Fed. Reg. 3004, Jan. 18, 2023), directly affecting landowners, developers, and environmental regulators by altering jurisdiction over water resources. If passed, the resolution would nullify the rule under a specific disapproval process in Title 5 of U.S. Code, preventing it from taking effect. The resolution does not create new regulations but aims to block an existing federal rule. This is a procedural step, not a new law.

Maddy summaryThis bill prohibits the Securities and Exchange Commission (SEC) from requiring publicly traded companies to disclose greenhouse gas emissions related to the production, manufacturing, or harvesting of agricultural products. It specifically blocks disclosure requirements for emissions from "upstream activities" (initial production stages) and "downstream activities" (processing, delivery, and end-use) in the agricultural supply chain. The law directly affects agricultural businesses that are publicly traded companies by exempting them from existing SEC reporting rules on certain emissions data. Key provisions define agricultural products and clarify which emissions sources are excluded from disclosure mandates. This is a procedural policy change that removes a specific reporting obligation, not a new regulation.

Maddy summaryThis proposed constitutional amendment (SJRES 13) would require the federal government to balance its annual budget, meaning spending could not exceed revenue unless Congress passes a specific exception with a two-thirds vote. It also sets a limit of 18% of GDP for total government spending, with similar supermajority requirements to exceed this cap. The bill would mandate the President to submit a balanced budget proposal to Congress each year and require a two-thirds vote for tax increases or debt limit hikes. As a proposed amendment, it would only take effect if ratified by three-fourths of state legislatures.