Sen. Margaret Wood Hassan

Maddy summaryThis bill creates a new tax credit to help small businesses set up retirement plans. It increases the credit from 50% to 100% of costs (up to $2,500) for employers with 10 or fewer workers who establish a qualifying retirement plan. The credit applies to plans that accept matching contributions under existing rules. The changes take effect for tax years beginning after December 31, 2024.

Maddy summaryThe SMART Prices Act (S 1836) changes how Medicare negotiates drug prices. It increases the number of drugs eligible for negotiation from 15 to 50 per year starting in 2028, shortens the time drugs must be the sole source for eligibility from 7 to 3 years, and adjusts price ceiling percentages for negotiated drugs (e.g., raising the maximum fair price from 75% to 76% for some drugs). These changes directly affect Medicare Part D beneficiaries and pharmaceutical companies by altering the negotiation process and pricing caps. The bill modifies existing Medicare drug pricing rules without creating new programs, applying to initial price negotiations beginning in 2028.

Maddy summaryThis bill creates a new Veterans Economic Opportunity and Transition Administration within the Department of Veterans Affairs (VA) to consolidate and manage specific benefit programs. It directly affects veterans and their families by centralizing services like vocational rehabilitation, education assistance, housing loans, and transition support under one administration. Key mechanisms include establishing a new Under Secretary position (requiring expertise in program management and IT) and mandating a 180-day report to Congress on implementation progress, with strict certification requirements before transferring services to ensure no negative impact on veterans. The bill also includes provisions to maintain current VA budget levels and employee numbers during the transition.

Maddy summaryThis bill increases the monthly special pension for living Medal of Honor recipients from $1,406.73 to $8,333.33 under Title 38, U.S. Code. It directly affects current living recipients of the Medal of Honor, who are recognized for extraordinary military valor. The key provision amends the existing pension rate to reflect a substantial financial adjustment for these veterans. Surviving spouses' pension amounts remain unchanged at $1,406.73, as specified in the bill. The change aims to better honor recipients' service and sacrifice through enhanced financial support.

Maddy summarySRES 238 is a non-binding Senate resolution congratulating charter school students, parents, teachers, and leaders for their contributions to education during the 26th Annual National Charter Schools Week (May 11-17, 2025). It formally recognizes charter schools as public schools that provide diverse educational options, citing their role in improving student achievement and closing achievement gaps, particularly for disadvantaged students. The resolution has no policy impact - it solely expresses support through symbolic recognition and encourages public observance during the designated week. It directly affects the charter school community nationwide, as acknowledged in the resolution’s text.

Maddy summaryThis bill amends SEC reporting rules for investment companies (like mutual funds) by allowing them to exclude fees related to investments in business development companies (BDCs) from their "acquired fund fees and expenses" calculations. It directly affects investment companies filing registration statements with the SEC, simplifying their fee disclosures. BDCs are a specific type of investment vehicle that often supports small businesses, but this bill does not change BDC operations or directly provide new capital access for small businesses. The change only modifies how investment companies report certain fees in their registration documents.

Maddy summaryThis bill requires Medicare Advantage plans to implement electronic prior authorization systems by 2028 and report detailed transparency data starting in 2027. Plans must publicly disclose approval/denial rates, average processing times (including for appeals), technology use, and other metrics for covered medical services. It mandates 24-hour response standards for expedited requests and routinely approved services, with data collection to analyze access patterns and potential disparities in rural/low-income communities. These changes directly affect Medicare Advantage plans, providers, and seniors enrolled in these plans by standardizing and increasing visibility into prior authorization processes.

Maddy summaryThe Strong Communities Act of 2025 creates a new federal grant program to fund law enforcement training for officers and recruits. Local police departments and sheriff's offices can receive grants to send officers to training programs at eligible colleges or police departments, with the requirement that officers serve at least 4 years in their local community after training. To qualify, officers must live within specific distances (7 or 20 miles) of their long-term residence (5+ years) and provide proof of employment. The program requires annual reports to Congress detailing grant recipients, training participants, and retention rates.

Maddy summaryThis bill expands benefits for public safety officers (like police and firefighters) who develop certain cancers linked to their work. It creates a presumption that specific cancers - such as lung, bladder, or mesothelioma - were caused by job-related exposure to carcinogens, if the officer served at least 5 years, was diagnosed within 15 years of leaving active duty, and the cancer caused death or permanent disability. The list of covered cancers will be updated every 3 years based on medical evidence from agencies like the National Institute for Occupational Safety and Health. Claims must be filed within 3 years of the bill’s enactment, applying to cases involving deaths or disabilities occurring after January 1, 2020.

Maddy summaryThis resolution (SRES 231) expresses the U.S. Senate's recognition of teachers' vital roles in strengthening American communities, culture, and economy. It specifically thanks teachers for their dedication during National Teacher Appreciation Week (May 5-9, 2025), which aims to raise public awareness of their contributions. The Senate encourages students, parents, school leaders, and officials to acknowledge teachers' work during this week. As a symbolic resolution, it does not create new laws or obligations but promotes public appreciation for educators.