Repealing Big Brother Overreach Act This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.
Maddy summaryHR 1041, the Veterans 2nd Amendment Protection Act, prevents the Department of Veterans Affairs (VA) from automatically sending veterans' personal information to the national background check system (NICS) solely because a court has appointed a fiduciary (like a guardian) to manage their benefits. This directly affects veterans who have a fiduciary appointed due to mental health or cognitive challenges but are not deemed a danger to themselves or others. The bill requires a court order finding the veteran poses a danger before any such information can be shared with the NICS. It changes VA procedures to block unnecessary barriers to firearm ownership for veterans who qualify for fiduciary support without a judicial determination of danger.
Maddy summaryThis bill, the Provider Reimbursement Stability Act of 2026, aims to create more predictable payment adjustments for physicians and other healthcare providers under the Medicare program. It directly affects medical practices and providers who receive reimbursement for services through the physician fee schedule. The legislation increases a threshold for certain budget neutrality calculations from $20 million to $54.3 million in 2027, with automatic increases every five years thereafter. It also requires the government to correct payment estimates when actual service usage differs significantly from projections, mandates regular updates to cost calculations for practice expenses, and limits how much Medicare payment rates can change from year to year to a maximum of 2.5 percent.
Maddy summaryHR 3234, the "Keeping Deposits Local Act," amends the Federal Deposit Insurance Act to adjust how banks calculate reciprocal deposits that don't count as "funds obtained through a deposit broker." It establishes tiered percentage thresholds based on a bank's total liabilities: 50% for banks under $1 billion, decreasing to 40% for $1-10 billion, 30% for $10-250 billion, 20% for $250 billion-$1 trillion, and 2% for banks over $1 trillion. This change directly affects commercial banks, particularly smaller institutions, by allowing them to hold a larger share of deposits without triggering stricter broker-related regulations. The bill aims to simplify compliance for community banks while maintaining oversight for larger financial institutions.
Maddy summaryThis bill authorizes the U.S. Mint to produce commemorative $5 gold and $1 silver coins marking the 25th anniversary of the September 11, 2001, terrorist attacks. The coins must feature designs honoring victims and first responders (including the inscription "Never Forget") and will be sold only during 2027-2028. All surcharges ($35 per gold coin, $10 per silver coin) collected from sales will fund the National September 11 Memorial and Museum at the World Trade Center, with no net cost to the federal government. The coins are legal tender but primarily intended for collectors, not circulation.
Maddy summaryThe Smithsonian American Women’s History Museum Act authorizes the creation of a new Smithsonian museum dedicated to women’s history, to be located within the National Mall Reserve in Washington, D.C. If the site is managed by another federal agency, the bill requires that agency to transfer the land after notifying Congress and relevant committees. The museum must ensure exhibits and programs accurately represent diverse women’s experiences by consulting a broad range of experts and community voices. The Smithsonian will submit biennial reports to Congress detailing how the museum meets these representation standards.
Maddy summaryThis bill directs the Department of Defense to connect military recruits who cannot enlist with the Job Corps program for training in skilled industrial jobs within the defense industry. It expands specific workforce incentives to include Job Corps centers and gives local operators more flexibility to hire staff, partner with educational institutions, and manage their programs without waiting for federal approval. The legislation also updates rules to allow Job Corps centers to accept cash donations and grants more easily while streamlining enrollment for veterans and active-duty service members. Overall, the act aims to reduce shortages of skilled workers in defense manufacturing by aligning Job Corps training with the needs of the defense industrial base.
Maddy summaryThe Investing in All of America Act of 2025 amends the Small Business Investment Act of 1958 to adjust leverage rules for Small Business Investment Companies (SBICs), which provide capital to small businesses. It lowers the maximum allowable leverage ratio from 300% to 200% and expands eligible investments to include companies in rural areas, critical technology sectors, and small manufacturers. The bill caps excluded leverage at $125 million or 50% of a company’s private capital, whichever is lower, and requires annual inflation adjustments to these dollar amounts. These changes directly affect SBICs, private investment firms that support small business growth nationwide.
Maddy summaryThis resolution formally designates May 14, 2026, as "National Scam Survivor Day" to raise awareness about the rising prevalence of fraud in the United States. The bill highlights statistics showing significant financial losses and increased scam reports across various groups, including seniors, veterans, and young adults. It encourages public education on scam prevention and acknowledges the efforts of federal and local law enforcement in combating these crimes. The measure serves as a symbolic gesture to recognize victims and promote collaboration among government, private, and nonprofit organizations to support survivors and prevent future incidents.
This concurrent resolution expresses support for law enforcement officers. It also appreciates the contributions and recognizes the sacrifices of law enforcement officers.
