Opportunity Zones Transparency, Extension, and Improvement Act This bill revises rules and reinstates reporting requirements relating to qualified opportunity zones (economically distressed communities where new investments, under specified conditions, may be eligible for preferential tax treatment). Specifically, the bill terminates the designation of zones that are disqualified due to median family income exceeding 130% of national median family income and permits states to identify and expand terminations of such zones. The bill also reinstates reporting requirements for qualified opportunity zones and imposes penalties for noncompliance with such requirements, extends the opportunity zones temporary deferral period for qualifying capital gain through 2028, and establishes a State and Community Dynamism Fund to support public and private investment in qualified opportunity zones.
Sponsored bills
Multinational Species Conservation Funds Semipostal Stamp Reauthorization Act of 2021 This bill directs the U.S. Postal Service (USPS) to sell each copy of the Multinational Species Conservation Fund Semipostal Stamp and notify Congress when all copies have been sold. If the USPS destroys one or more such stamps before this bill's enactment, it shall print and sell the same number of such stamps.
Neutralizing Emerging Threats from Wireless OEMs Receiving direction from Kleptocracies and Surveillance states Act or the NETWORKS Act This bill requires the President to block and prohibit significant transactions and interests in property of a foreign individual or entity that (1) produces fifth- or future-generation telecommunications technology; and (2) engages in economic or industrial espionage, or other related illicit activities, involving trade secrets or proprietary information owned by a U.S. individual or entity.
Right Whale Coexistence Act of 2022 This bill provides support for the conservation of North Atlantic right whales ( Eubalaena glacialis ). Specifically, it requires the National Oceanic and Atmospheric Administration (NOAA) to provide financial assistance for certain projects designed to reduce the lethal and sub-lethal effects of human activities on North Atlantic right whales. In addition, NOAA must conduct surveys of plankton on an ongoing basis using a continuous plankton recorder.
This concurrent resolution recognizes the disparity between wages paid to Latina women, and its impact on women, families, and the nation and reaffirms Congress' commitment to supporting equal pay for equal work and to narrowing the gender wage gap.
This resolution expresses support for the goals and ideals of Sickle Cell Disease Awareness Month. Sickle cell disease is an inherited blood disorder than can lead to pain, anemia, infections, and stroke.
Maddy summarySRES 864 is a U.S. Senate resolution supporting a UN draft resolution that urges all member states to voluntarily refrain from conducting destructive anti-satellite missile tests. It directly addresses nations with space assets, citing risks like the 2021 Russian test (creating 1,500+ debris pieces) and the 2007 Chinese test (producing 3,400+ debris pieces that will persist for decades). The resolution highlights the U.S. 2022 voluntary moratorium on such tests and notes nine countries (including Canada, Germany, and Japan) that have already committed to the same approach. It calls on other nations, particularly those with significant space capabilities, to join this moratorium to prevent orbital debris that threatens satellites and space operations.
No Tax Subsidies for E-Cigarette and Tobacco Ads Act This bill denies a tax deduction for expenses relating to direct-to-consumer advertising of tobacco products, including electronic nicotine delivery systems.
This concurrent resolution commends the bravery, courage, and resolve of the women and men of Iran who are (1) participating in the current protests to defend their fundamental human rights, and (2) risking their safety to speak out against the human rights abuses committed by the Iranian regime. The resolution condemns (1) the brutal beating and death of Mahsa Amini; and (2) the violent suppression by the Iranian regime of women and men participating in the current demonstrations, including children. The resolution calls for transparent accountability for all killings of protesters by Iranian security forces. Finally, the resolution encourages continued efforts by the Biden Administration to respond to the protests, including the recent sanctioning of the Iranian morality police.
This resolution expresses that the Senate condemns Vladimir Putin's illegal war in Ukraine, his repeated rejections of the existence of a Ukrainian people and a sovereign Ukrainian state, and his weaponization of hunger; calls upon Vladimir Putin and the Russian Armed Forces to immediately cease their attacks on Ukrainian civilians; calls attention to the impending global food crisis by observing May 28, 2022, as World Hunger Day; remembers the 90th anniversary of the Ukrainian Famine (Holodomor) of 1932-1933 and extends its deepest sympathies to the victims, survivors, and families of this tragedy; condemns the systematic violations of human rights of the Ukrainian people by the Soviet Union; and supports the continuing efforts of the people of Ukraine to defend themselves against Russian aggression.