Registration for Index-Linked Annuities Act This bill requires the Securities and Exchange Commission (SEC) to create a new form for the registration of index-linked annuities to ensure that a purchaser can make a knowledgeable decision. The bill defines a registered index-linked annuity as an annuity that is deemed a security, that is registered with the SEC, and that is issued by an insurance company subject to state supervision. Furthermore, the returns of these annuities (1) are based on the performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.
Sen. Thom Tillis
Sponsored bills
Unleashing American Innovators Act of 2022 This bill modifies the responsibilities of U.S. Patent and Trademark Office (PTO) satellite offices and addresses related issues. The bill increases the discount on patent-related fees for small and micro entities. An entity that falsely claims such a discount shall be subject to a fine, in addition to any other existing penalties. The bill also modifies the statutory purpose of PTO satellite offices to include (1) outreach activities targeting certain groups, such as low-income populations, veterans, and geographic groups that are underrepresented in patent filings; and (2) targeting patent examiners and administrative patent judges from economically, geographically, and demographically diverse backgrounds in the PTO's retention activities. For each satellite office established after January 1, 2023, the PTO must consider the office's proximity to anchor institutions (e.g., hospitals primarily serving veterans and institutions of higher education) and certain groups, such as low-income populations, veterans, and geographic groups that are underrepresented in patent filings. The PTO must establish (1) a satellite office in the southeastern United States within three years of this bill's enactment, (2) at least four community outreach offices throughout the United States within five years of this bill's enactment, and (3) a pilot program to help prospective first-time patent applicants assess the strengths and weaknesses of a potential patent application. The PTO must also (1) conduct and report to Congress a study on patent pro bono programs, including whether such programs are sufficiently serving prospective and existing participants; and (2) use the study's findings to update such pro bono programs.
Strengthening Agency Management and Oversight of Software Assets Act This bill requires each federal agency to develop assessments of their software inventories and software licenses and a plan to reduce costs by consolidating licenses and adopting enterprise license agreements to the greatest extent practicable. The bill also requires the Office of Management and Budget and the Government Accountability Office to report on various government-wide issues relating to federal software licenses and inventories.
Holding Accountable Russian Mercenaries Act or the HARM Act This bill requires the Department of State to designate the PMC Wagner Group as a foreign terrorist organization. Such designation also applies to any affiliated and successor entities undertaking malign activities against the United States and its allies or partners. (Among other things, such a designation allows the Department of the Treasury to require financial institutions to block transactions involving the organization.) The President may waive the application of sanctions against these entities if the President determines it to be in the national interest.
United States Foundation for International Conservation Act of 2022 This bill requires the Department of State to establish a foundation to provide grants for projects to manage protected and conserved areas in low- and middle-income countries with high levels of biological diversity or species and ecosystems of significant importance. Recipients of grants from this foundation must secure outside funding to match, at minimum, the amount of the grant.
Maddy summaryThis bill grants a federal charter to the National American Indian Veterans, Incorporated, establishing it as a legally recognized nonprofit organization. It directly affects American Indian veterans by creating a formal entity to unite them, advocate for their needs with government agencies, and support tribal veterans services through outreach and training. Key provisions include requiring the organization to maintain tax-exempt status, prohibiting stock or dividends, mandating annual congressional reports on its activities, and granting exclusive rights to its name and emblems. The charter imposes strict governance rules to ensure the organization remains focused on veteran advocacy without distributing assets to members.
Hazard Eligibility and Local Projects Act This bill makes an entity seeking assistance under a hazard mitigation assistance program eligible to receive such assistance for certain projects already in progress. A covered project means a project that is an acquisition and demolition project for which an entity began implementation, including planning or construction, before or after requesting assistance for the project under a hazard mitigation assistance program; and qualifies for a categorical exclusion under the National Environmental Policy Act of 1969. The authority provided under this bill terminates three years after its enactment.
Electoral Count Reform and Presidential Transition Improvement Act of 2022 This bill revises the process of casting and counting electoral votes for presidential elections. The bill also revises provisions related to the presidential transition process. The bill specifies that the choice of electors must occur in accordance with the laws of the state enacted prior to election day. Additionally, the bill identifies each state's governor (unless otherwise identified in the laws or constitution of a state in effect on election day) as responsible for submitting the certificate of ascertainment identifying the state's electors. Further, the bill provides for expedited judicial review for any action brought by an aggrieved presidential or vice-presidential candidate arising under the U.S. Constitution or U.S. laws with respect to the issuance or transmission of such a certificate. The bill revises the framework for the joint session of Congress to count electoral votes and make a formal declaration of which candidates have been elected President and Vice President. Among other changes, the bill (1) specifies that the role of the Vice President during the joint session shall be ministerial in nature, and (2) raises the objection threshold in Congress to at least one-fifth of the duly chosen and sworn members of both the House of Representatives and the Senate. The bill also revises the presidential transition process, including to (1) allow more than one candidate to receive federal transition resources under certain circumstances, and (2) require additional reporting by the General Services Administration.
Healthcare Cybersecurity Act of 2022 This bill requires the Department of Health and Human Services (HHS) to undertake activities to improve the cybersecurity of the health care and public health sector. HHS must coordinate with the Cybersecurity and Infrastructure Security Agency (CISA) on these activities; in particular, CISA must make resources, including cyber-threat indicators and appropriate defense measures, available to federal and nonfederal entities that receive information through HHS programs. In addition, HHS must provide training on cybersecurity risks and mitigation strategies to owners of assets in the health care and public health sector. HHS must also update the Healthcare and Public Health Sector Specific Plan, which guides the sector's effort to enhance the security and resilience of critical infrastructure. The updates must address, among other topics, the impact of the risks on rural entities and small- and medium-sized entities, cybersecurity workforce shortages in the sector, and challenges related to the COVID-19 emergency.
Artistic Recognition for Talented Students Act or the ARTS Act This act directs the Copyright Office to waive various copyright registration-related fees for works that win certain competitions sponsored by the Congressional Institute or established by Congress. To qualify for the fee waiver, the copyright registration application must be filed within a specified time frame, but the Copyright Office may waive fees for a qualifying work even if the application is filed outside the time frame.