Sen. Steve Daines

Maddy summaryS 3494, the Trusted Foreign Auditing Act of 2023, amends the Sarbanes-Oxley Act to address national security concerns about foreign auditors. It defines a "compromised auditor" as a branch or subsidiary of a registered accounting firm operating under the control or influence of a "covered country" (like nations identified in the Director of National Intelligence's threat assessment or specific military designations). The bill prohibits trading in securities of any U.S.-headquartered company ("covered issuer") that uses such a compromised auditor for required audit reports. This creates a direct trading ban enforced by the Public Company Accounting Oversight Board (PCAOB) when these conditions are met.

Maddy summaryThe Kids Online Safety Act requires social media platforms and other online services used by minors to implement safety features protecting children under 17. It mandates default privacy controls, limits addictive features like automatic media playback, restricts advertising of harmful products (tobacco, gambling, alcohol) to minors, and requires annual transparency reports about online risks. Platforms with over 10 million monthly U.S. users must provide parental tools, conduct independent audits, and make de-identified data available for research on online harms. The bill focuses on preventing mental health disorders, bullying, sexual exploitation, and addictive behaviors through platform design changes.

Maddy summaryThe VA Medical Center Security Report Act of 2023 requires the Department of Veterans Affairs (VA) to annually survey employees at VA medical centers about security conditions, including criminal activity, staffing gaps for police officers, equipment adequacy, and training needs. The VA must then submit detailed reports to Congress each year, outlining survey results, security weaknesses, and specific action plans with measurable goals to address issues. Additionally, the Comptroller General must produce a comprehensive report within two years examining VA security practices, emergency response protocols, equipment functionality, and training standards across all facilities. This law directly affects VA medical centers and their security staff by mandating regular assessments and transparency to identify and mitigate safety risks. The bill focuses solely on establishing reporting requirements to inform future security improvements, without allocating new funding or prescribing specific solutions.

Maddy summaryThis is a ceremonial Senate resolution (SRES 492) honoring the late First Lady Rosalynn Carter. It expresses the Senate's condolences for her passing and recognizes her lifetime of humanitarian work, including her advocacy for mental health care, founding of caregiver support programs, and service with The Carter Center. The resolution does not create new laws or policies; it is purely a commemorative statement. It was introduced by a bipartisan group of senators and adopted by the Senate on December 7, 2023.

Maddy summaryThis bill requires phone calls and texts to 9-8-8 (the national suicide prevention hotline) to be routed to the nearest participating crisis center based on the caller's location, rather than a single national center. It mandates that phone providers transmit all 9-8-8 calls/texts (including from phones without service plans) and protects caller privacy by preventing precise location disclosure. The bill affects mobile service providers (who must implement routing), crisis centers (who receive localized calls), and callers (who get geographically relevant support). It also updates phone system rules to allow direct dialing to 9-8-8, with implementation deadlines for providers and systems.

Maddy summaryThis bill provides retroactive pay, benefits, and seniority for senior military officers (O-7 and above) whose promotions were delayed due to a suspension of Senate confirmation hearings starting in February 2023. It specifically applies to officers confirmed to their ranks between December 5 and December 31, 2023. The Secretary of Defense must pay retroactive compensation starting 30 days after the appointment was placed on the Senate Executive Calendar, use that date for seniority calculations, and waive any negative impacts from the confirmation delay. This addresses a specific backlog of promotions affected by the Senate's temporary suspension of its advice-and-consent process.

Maddy summaryThis bill mandates the immediate resumption of federal oil and gas leasing on public lands and offshore areas. It requires the Interior Secretary to conduct at least four annual onshore lease sales in specified states (including Wyoming, Texas, and Alaska) and two annual offshore sales in the Gulf of Mexico and Alaska regions, offering all eligible parcels under existing resource plans. The bill also prohibits the President from delaying or blocking these leasing processes without Congressional approval, creating a rebuttable presumption that such actions violate existing law. These provisions directly affect energy companies seeking federal leases and federal land management practices.

Maddy summarySRES 445 is a Senate resolution recognizing the U.S.-Israel economic relationship and affirming that trade under the U.S.-Israel Free Trade Agreement (signed in 1985) can support Israel's economy during the Hamas conflict. It highlights that bilateral trade has grown significantly since 1985, with the U.S. being Israel’s largest trading partner in 2022 ($14.2 billion in U.S. exports to Israel). The resolution states the agreement has fostered robust trade, investment (e.g., $10.6 billion in Israeli U.S. investments in 2022), and job creation, and urges maintaining this economic partnership amid the conflict. It does not create new policy but formally endorses existing trade mechanisms as a support tool.

Maddy summaryThe SAFER Banking Act provides legal protections for banks and financial institutions that serve state-legal marijuana businesses and related service providers. It creates a "safe harbor" preventing federal banking regulators from penalizing institutions for offering services to these businesses, even though marijuana remains illegal under federal law. The bill also allows income from state-legal marijuana businesses to be considered "legal income" for mortgage qualification purposes and establishes guidance for suspicious activity reporting related to these businesses. Similar protections are extended to hemp-related businesses and service providers, without requiring banks to serve these businesses.

Maddy summaryThis bill amends the Internal Revenue Code to change how oil and gas companies calculate taxable income for certain drilling costs. It allows companies to disregard depreciation and depletion expenses recorded on their financial statements when computing taxable income, specifically for intangible drilling and development costs. This directly affects oil and gas producers who use these accounting methods. The change applies to taxable years beginning after December 31, 2022.