Maddy summaryThe PARTNERSHIPS Act (S 2095) makes significant changes to partnership taxation under the Internal Revenue Code, primarily affecting partnerships where two or more members of a controlled group own 50% or more of capital or profits interests. The bill establishes a "consistent percentage method" for allocating income, gains, losses, and deductions among partners in these covered partnerships, requiring new reporting rules for such entities. It also modifies how partnership debt is allocated, adjusts basis for partnership property, and extends the net investment income tax to certain high-income individuals' trade or business income. These changes aim to prevent tax avoidance and clarify partnership tax treatment while creating new administrative requirements for affected businesses.
Sponsored bills
Maddy summaryThis bill restricts how credit bureaus share consumer credit reports during mortgage applications. It limits sharing with third parties unless the request is for a firm mortgage offer or the recipient is the loan originator, servicer, or a bank holding the consumer's account. The law directly affects consumers (by limiting data sharing), credit bureaus (requiring new compliance), and mortgage lenders/banks (with restricted access). Key provisions require explicit consumer authorization for sharing and prevent broad data use during prescreening for home loans.
Maddy summarySRES 279 is a symbolic Senate resolution designating June 2025 as "Great Outdoors Month" to recognize the importance of outdoor recreation. It encourages all U.S. residents to responsibly participate in outdoor activities during June 2025 and year-round, referencing economic data showing outdoor recreation contributed $1.2 trillion to the U.S. economy in 2023. The resolution does not create new laws, funding, or obligations - it is purely a commemorative designation with no direct policy impact on specific groups or programs. It follows prior Senate resolutions about outdoor recreation but has no enforcement mechanism.
Maddy summaryThe Keeping Obstetrics Local Act focuses on improving access to obstetric care in rural and underserved communities. It requires states to study costs of maternity services and mandates Medicaid payments for obstetric care at eligible hospitals to be at least 150% of Medicare rates (starting in 2027), with increased federal funding. The bill also requires 12-month continuous coverage for pregnant individuals under Medicaid and CHIP, establishes health homes for coordinated maternal care, and creates special payments for low-volume obstetric hospitals to prevent closures. Additionally, it requires hospitals to provide advance notice of obstetric unit closures and collects detailed data on labor and delivery services, directly affecting rural hospitals, pregnant individuals, and maternal health care providers.
Maddy summaryThis bill amends federal Medicaid rules to extend health coverage for former foster youth until age 26. It directly affects individuals who were in state foster care at age 18 (or left care via guardianship/emancipation before 18) and are under 26. The key provision removes the previous age cutoff by updating eligibility criteria in the Social Security Act, allowing these young adults to remain enrolled in Medicaid if they meet income requirements. The changes take effect January 1, 2026, for those turning 18 on or after that date, and require states to implement outreach programs by that date to help eligible individuals enroll.
Maddy summaryThe Insurrection Act of 2025 establishes specific conditions under which the President may deploy military forces domestically to address insurrections, rebellions, or widespread violence that overwhelm state and local authorities. It requires the President to consult Congress, issue a proclamation ordering lawbreakers to disperse, and submit a detailed report before deployment, with congressional approval needed within 7 days. The bill specifically protects voting rights by requiring that military deployment to address voting rights violations must comply with the Voting Rights Act of 1965. It also prohibits using National Guard members on training or other duty for domestic deployments. This legislation directly affects the President, Congress, state authorities, and military operations.
Maddy summaryThe HCBS Relief Act of 2025 increases federal funding for Medicaid home and community-based services (HCBS) by 10 percentage points (capped at 95%) for participating states during fiscal years 2026-2027. It directly affects states that submit approved applications, Medicaid beneficiaries receiving HCBS, and home health workers by requiring states to use funds to raise wages/benefits for HCBS workers, reduce waiting lists, support family caregivers, and improve service quality. Key provisions mandate that states detail specific activities (like wage increases, paid leave, and equipment purchases) in applications, ensure funds supplement rather than replace state spending, and report on outcomes by 2029. The bill aims to strengthen HCBS access and workforce stability without changing Medicaid eligibility rules.
Maddy summaryThe ASSIST Act (S 2050) increases federal funding for mental health and substance use disorder services provided in schools and school-based health centers. It raises the federal medical assistance percentage (FMAP) for these services to 90% for states, starting one year after enactment, while ensuring this doesn’t reduce existing federal payments or count against territorial spending limits. The bill also creates a new grant program administered by the Health and Human Services Secretary to fund entities like school districts and universities in hiring more licensed mental health providers, requiring culturally competent care and annual reporting on provider numbers and service effectiveness. It prohibits using grant funds for threat assessment teams and mandates a report to Congress on the program’s effectiveness within 18 months.
Maddy summaryThis bill removes an age limit that previously restricted continuous Medicaid and CHIP coverage to children under 19. It changes the rules to apply 12-month continuous enrollment protections to all enrollees, regardless of age, by replacing "child" and age-specific language with "individual" throughout the program rules. The key mechanism is amending federal law to eliminate the requirement that beneficiaries must be under 19 to qualify for uninterrupted coverage. This directly affects all current and future Medicaid and CHIP participants, including adults and older children. The changes take effect in 2026.
Maddy summaryThe My Body, My Data Act of 2025 requires companies and services handling personal reproductive or sexual health information - such as health apps, clinics, or digital platforms - to only collect, retain, or share this data when strictly necessary for a service a person has requested. It gives individuals the right to access, correct, or delete their data easily (within 15 days, without fees), and mandates clear privacy policies explaining how data is used. The bill also prohibits companies from retaliating against people who exercise these rights, such as by charging higher prices or denying services. Enforcement will be handled by the Federal Trade Commission, with individuals able to sue for violations and seek penalties of up to $1,000 per violation per day.