Sen. Peter Welch

Maddy summaryS 800 imposes a special tax on certain bank executives who received bonuses or sold bank stock within 60 days before their institution was taken over by the Federal Deposit Insurance Corporation (FDIC). It applies to executives earning over $250,000 in adjusted gross income who worked at banks entering FDIC conservatorship or receivership. The tax rate is 90% on bonus payments and 100% on stock sale profits from that period. All revenue generated will be directed to the Deposit Insurance Fund, not directly to taxpayers.

Maddy summaryThis bill mandates a study by the Government Accountability Office (GAO) to assess how airlines prepare for weather events and natural hazards like storms, floods, and extreme heat. The GAO will evaluate airlines' operational planning, FAA oversight, and potential improvements for resilience, then report findings to Congress within 18 months. It directly affects airlines (through their operational planning) and the FAA (as regulator), but does not impose new requirements on carriers. The study aims to inform future policy decisions without altering current airline operations or regulations.

Maddy summaryThis bill authorizes the minting of commemorative coins to mark the 100th anniversary of the U.S. Foreign Service. It specifies three coin types: up to 50,000 $5 gold coins (90% gold), 400,000 $1 silver coins (90% silver), and 750,000 half-dollar clad coins, all to be issued in 2025. A surcharge ($35 for gold, $10 for silver, $5 for half-dollars) will be added to each coin's sale price, with all funds going directly to the Association for Diplomatic Studies and Training to support its diplomatic history preservation work. The bill ensures no net cost to the government by requiring all design, production, and marketing expenses to be recovered through coin sales.

Maddy summaryThis resolution expresses congressional support for designating March 10, 2023, as "Abortion Provider Appreciation Day" to honor abortion providers and clinic staff. It recognizes their critical role in providing essential reproductive care amid heightened challenges following the Dobbs decision, which overturned Roe v. Wade. The resolution affirms Congress's commitment to protecting providers' safety and ensuring access to abortion care, while condemning the Dobbs ruling's impact on providers and patients. (Note: This is a symbolic resolution with no binding policy changes.)

Maddy summarySRES 104 is a symbolic Senate resolution recognizing the heritage, culture, and contributions of Latinas in the United States. It highlights that nearly 30 million Latinas live in the U.S. (1 in 6 women), emphasizing their roles across diverse fields like business (over 2 million Latina-owned businesses), military service (45,710 active-duty Latinas), arts (Selena, Rita Moreno), and essential work during the pandemic. The resolution notes ongoing challenges, including Latinas earning only 57 cents for every dollar earned by White, non-Hispanic men. It formally celebrates Latinas' achievements while acknowledging the need for further progress toward equality. As a non-binding resolution, it does not create new laws or allocate funds.

Maddy summaryThe Pay Teachers Act requires states to ensure public elementary and secondary school teachers earn a starting annual base salary of at least $60,000 that increases throughout their career. The bill mandates federal funding increases for education programs, including Title I funding, rural education, and Bureau of Indian Education programs, with annual adjustments for inflation. States must submit detailed plans showing how they'll meet salary requirements and address resource inequities, with a special pathway for states needing extended timelines to comply. The legislation directly affects teachers, school staff, and students across all 50 states, aiming to improve teacher retention and address shortages in underserved schools.

Maddy summaryThe Data Care Act of 2023 requires online service providers (like social media apps, streaming platforms, and websites) to protect users' personal data. It mandates that companies securely store data, promptly notify users of breaches involving sensitive information, and avoid using data in ways that harm users or cause financial/physical harm. The law also restricts selling or sharing user data without strict contracts ensuring third parties follow the same security and privacy rules. These requirements apply to most major digital services collecting personal data, with enforcement by the Federal Trade Commission and state attorneys general. The law does not override existing privacy laws but adds new standards for data handling.

Maddy summaryS 737, the No Tax Breaks for Union Busting (NTBUB) Act, denies tax deductions for employers who spend money to influence employees about union activities or collective bargaining. It amends the tax code to make non-deductible expenses related to swaying union elections, labor disputes, or collective actions - such as anti-union consulting fees, captive audience meetings, or legal settlements over unfair labor practices. Employers must report such spending on tax returns (using new Form 6720D) and face penalties for non-compliance, including fines up to $100,000. The bill directly affects businesses that engage in union-avoidance tactics, aiming to remove tax incentives for undermining workers’ rights under labor laws.

Maddy summaryThis bill caps the price of insulin at $20 per 1,000 units for all insulin products approved under federal law (like vials, pens, or cartridges) sold in the United States. It directly affects insulin manufacturers, who must sell at this price, and insulin users, particularly people with diabetes who face high costs. The key provision sets a nationwide price limit, overriding other laws to ensure affordability. This change applies immediately to all covered insulin products without requiring additional regulatory steps.

Maddy summaryThe MINDS Act establishes a dedicated Mental Health and Psychosocial Support (MHPSS) Coordinator at USAID to oversee the integration of mental health services across all U.S. international development and humanitarian assistance programs. It mandates that all such programs must be evidence-based, culturally competent, trauma-informed, and prioritize vulnerable groups like conflict-affected children, displaced populations, and those impacted by diseases like Ebola or COVID-19. The bill requires annual reports to Congress detailing funding, program integration progress, and barriers to implementation, with a 5-year sunset provision. This legislation directly affects USAID and State Department programming worldwide, aiming to systematically address mental health needs in global aid efforts.