Maddy summaryThis bill introduces a new annual tax on the total value of assets held in certain trusts, requiring owners to file detailed reports of trust holdings and beneficiary interests. The tax is calculated using a progressive rate structure that ranges from 1% to 3%, with specific thresholds that are adjusted for inflation starting in 2027. To offset this new liability, the legislation creates a "trust withholding credit account" that allows beneficiaries to claim credits against future estate and generation-skipping transfer taxes based on the taxes paid by the trust. Additionally, the bill modifies rules for grantor trusts by treating payments made by grantors to cover trust taxes as taxable gifts, while simultaneously denying any tax deductions for those payments.
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Maddy summaryThis Senate resolution formally acknowledges the contributions of teachers to the United States and thanks them for their dedication. It encourages students, parents, and public officials to recognize National Teacher Appreciation Week.
Maddy summaryThis resolution honors the life and legacy of Dirk Kempthorne, a former U.S. Senator, Governor of Idaho, and Secretary of the Interior. It formally acknowledges his public service across various roles, including his work on environmental conservation, veterans' support, and economic development in Idaho. The Senate expresses its sorrow over his death and directs that a copy of the resolution be sent to his family. Additionally, the Senate stands in adjournment as a final mark of respect to his memory.
Maddy summaryThis joint resolution directs the President to remove U.S. military forces from hostilities in Iran that lack explicit congressional authorization. The bill relies on the War Powers Resolution, asserting that the 60-day period for these unauthorized operations has expired and that no war declaration or specific statutory approval exists for the conflict. While ordering a troop withdrawal, the measure allows the United States to continue defending against attacks on its personnel, sharing intelligence, assisting allied nations, and evacuating American citizens. It is a legislative action intended to enforce constitutional limits on the use of military force without a formal declaration of war.
Maddy summaryThis Senate resolution formally recognizes May as Asian American, Native Hawaiian, and Pacific Islander Heritage Month to honor the contributions of these communities to United States history. The document highlights the diversity of the population, cites historical milestones such as the completion of the transcontinental railroad and the passage of immigration laws, and acknowledges specific achievements of individuals like Daniel K. Inouye and Patsy Mink. It also notes the ongoing challenges faced by these groups, including a rise in hate crimes, while celebrating their growing presence in government and society. Ultimately, the bill serves as a symbolic statement of appreciation rather than establishing new legal requirements or funding.
Maddy summaryThis Senate resolution commemorates World Press Freedom Day by formally recognizing the growing global dangers journalists face, including attacks in conflict zones and under repressive regimes. The bill highlights the essential role of a free press in supporting democracy and human rights while citing specific instances where American and international reporters have been killed, detained, or injured. It calls on the President and Secretary of State to investigate attacks against journalists, ensure the release of wrongfully detained media workers, and maintain U.S. leadership in protecting press freedom worldwide.
Maddy summaryThe Federal Worker Credit Protection Act of 2026 prevents credit reporting agencies from including unpaid federal employee debts in credit reports during government shutdowns. It defines a shutdown period as any time when federal funding lapses for more than 24 hours and lasts up to 30 days after funding resumes. During this time, agencies must remove these specific debt items from reports upon request and cannot share them with anyone. The bill also requires the Office of Management and Budget to notify credit agencies when a shutdown begins and ends. These rules apply to federal employees and D.C. workers whose agencies are affected by funding lapses starting on or after February 1, 2026.
Maddy summaryThis bill creates a streamlined career pathway for former United States Agency for International Development (USAID) officers to join the Department of State's Foreign Service. It allows these experienced officials to enter the Foreign Service at a rank matching their previous service without having to take the standard entrance exam, provided they previously met entry requirements and served in good standing. Additionally, the law mandates that prior USAID service counts toward seniority and retirement eligibility while requiring the State Department to give hiring preference points to applicants with USAID experience. The Department of State must issue implementation guidelines within 180 days, and these specific provisions will expire five years after the bill is enacted.
Maddy summaryThis joint resolution directs the President to remove United States Armed Forces from hostilities within or against Iran that have not been authorized by Congress. It states that Congress has not declared war or provided specific authorization for these military actions, citing the War Powers Resolution's 60-day limit for such operations. The bill mandates the withdrawal of forces unless Congress explicitly declares war or passes a specific authorization for military force against Iran. However, it clarifies that this directive does not prevent the U.S. from defending itself, sharing intelligence, assisting allies with defensive measures, or evacuating U.S. citizens.
Maddy summaryThis Senate resolution formally recognizes the week of May 3 through May 9, 2026, as National Small Business Week to honor the contributions of small business owners and entrepreneurs across the United States. The measure expresses appreciation for the economic role these businesses play and acknowledges the resilience of their owners and employees. By adopting this designation, the Senate aims to celebrate the entrepreneurial spirit within every community without imposing any new laws or regulations.