Maddy summaryS 1668 prohibits senior U.S. government officials - including the President, Vice President, Members of Congress, and Senate-confirmed appointees - from issuing, sponsoring, or endorsing cryptocurrencies, tokens, or stablecoins for profit. It also bans acquiring similar financial interests through derivatives or investment funds, while allowing normal public market trading. Violations face civil penalties of up to 10% of the financial interest's value or profits gained, and criminal charges if losses exceed $1 million or personal financial gain occurs. The law applies during official service and for one year after leaving office.
Sponsored bills
Maddy summaryThis bill allows businesses to immediately deduct research and development (R&D) costs instead of spreading them over 60 months, directly benefiting companies investing in innovation. It increases the refundable R&D credit cap for small businesses from $250,000 to $750,000 over time, with specific phase-in amounts starting in 2025. Additionally, it expands access for startups by raising the gross receipts threshold for eligibility from $5 million to $15 million and increasing credit rates for qualified small businesses. These changes aim to make R&D tax incentives more accessible and valuable for smaller companies and new ventures.
Maddy summaryThis bill delays Medicare payment changes for ground ambulance services until 2028 and adds temporary rate increases during a transition period. It directly affects Medicare beneficiaries using ambulance services and ambulance providers who bill Medicare, particularly in rural areas. Key provisions extend the effective date for payment adjustments from October 2025 to January 2028 and establish temporary payment rates: 26.7% for super-rural ambulance services and 4.3% or 3.4% for regular ground ambulance services during the transition period (October 2025-January 2028). These changes aim to prevent sudden payment cuts that could disrupt access to ambulance care.
Maddy summaryThis bill bans the commercial provision of conversion therapy - defined as paid attempts to change a person's sexual orientation or gender identity - as it is deemed ineffective and harmful. It directly affects therapists, clinics, and any commercial entity offering such services, while exempting gender transition support and non-discriminatory counseling. Key mechanisms include prohibiting paid conversion therapy, banning deceptive advertising (e.g., claiming it’s harmless), and empowering the Federal Trade Commission and state attorneys general to enforce penalties. The law focuses on preventing fraud by stopping profit-driven practices with no scientific basis, aligning with professional consensus on the risks.
Maddy summarySRES 205 is a Senate resolution condemning President Donald J. Trump’s specific actions targeting press freedom, including accusing media outlets without evidence, excluding major news organizations from White House access, suing CBS News, and seeking to defund public broadcasters. It reaffirms that a free press is essential to democracy and government accountability, as protected by the First Amendment. The resolution calls on the executive branch to respect journalists’ rights, urges continued efforts to secure the release of 11 U.S. Agency for Global Media (USAGM) journalists imprisoned abroad, and expresses solidarity with journalists facing threats. This is a symbolic statement, not a binding law, reflecting the Senate’s position on press freedom.
Maddy summaryThis bill, the PRECISE Act of 2025, increases financial incentives for farmers and ranchers to adopt precision agriculture technologies through existing USDA conservation programs. It defines "precision agriculture" as managing crop or livestock inputs (like fertilizer or water) with high spatial and temporal detail to improve efficiency, and "precision agriculture technology" as tools including GPS systems, soil sensors, and data software. Key provisions allow up to 90% cost coverage for adopting these technologies under the Environmental Quality Incentives Program (EQIP) and add precision agriculture to eligibility for supplemental payments in the Conservation Stewardship Program. The bill directly affects agricultural producers participating in USDA conservation programs by expanding their access to funding for technology that aims to reduce input waste and support environmental quality.
Maddy summaryThis bill, S 1613 (Tax Relief for New Businesses Act), simplifies tax deductions for new businesses forming corporations or partnerships. It combines "start-up" and "organizational" expenses into one deductible category, increasing the annual deduction limit from $5,000 to $50,000 (and the phaseout threshold from $50,000 to $150,000). It also creates special rules allowing new businesses to treat start-up/organizational losses separately when calculating net operating loss carryforwards, with more favorable tax treatment for these losses. The changes apply to expenses paid or incurred in taxable years beginning after December 31, 2025.
Maddy summaryS 1609, "Ellie’s Law," authorizes $10 million annually (2026-2030) for the National Institute of Neurological Disorders and Stroke to fund comprehensive research on unruptured brain aneurysms. The bill directly affects patients - particularly women, African Americans, and Hispanic individuals who face higher rupture risks - and medical researchers studying prevention and treatment. Key provisions require the research to diversify study populations by age, sex, and race, while ensuring new funds supplement, not replace, existing brain aneurysm research funding. This addresses a critical gap, as current federal spending averages just $2.94 per patient annually despite the condition affecting 6.8 million people and costing $2 billion yearly in direct medical expenses.
Maddy summarySRES 201 is a non-binding Senate resolution designating the week of May 4-10, 2025, as "National Small Business Week." It honors small businesses and entrepreneurs across all U.S. communities for their economic contributions, citing that small businesses support over 59 million jobs. The resolution recognizes their resilience and celebrates their role in strengthening local economies. This symbolic gesture, consistent with annual presidential proclamations since 1963, does not create new laws or affect any specific group through policy changes.
Maddy summarySRES 203 is a symbolic Senate resolution designating May 2025 as "Renewable Fuels Month" to recognize the role of renewable fuels. It does not create new laws but formally acknowledges four specific benefits: renewable fuels' contribution to reducing carbon emissions, lowering consumer fuel prices, supporting rural economies, and decreasing reliance on foreign energy sources. The resolution was introduced by Senators Ricketts, Grassley, Ernst, and others, with supporting details highlighting ethanol and biodiesel industry impacts like job creation and emissions reductions. This resolution has no binding effect but serves as a formal statement of congressional recognition.