Sen. Bill Cassidy

Maddy summaryThis bill prohibits the Small Business Administration (SBA) from denying financial assistance - such as loans or guarantees - to firearm-related businesses solely based on their industry. It directly affects firearm entities (manufacturers, sellers, and distributors), firearm entity affiliates (like shooting ranges), and firearm trade associations by requiring the SBA to treat them equally under existing programs. The key provision bans SBA policies that discriminate against these applicants, ensuring they can access standard SBA support without industry-based barriers. The bill does not create new funding but mandates equal treatment for eligible applicants already covered by SBA law.

Maddy summaryThe REMEDY Act (S 2620) modifies how generic drug manufacturers certify patents when seeking FDA approval. It requires drug companies to select one specific patent upfront as the "covered patent" for the 30-month delay period (which blocks generic competition), and they cannot change this selection later. This targets "evergreening" tactics where brand-name drug companies list multiple patents to extend monopolies. The bill directly affects pharmaceutical companies filing generic applications and the FDA's patent review process.

Maddy summaryThis bill prohibits noncitizens from voting in all District of Columbia elections, including local elections for public office and ballot initiatives. It directly affects noncitizen residents of Washington D.C. who previously could vote under the repealed 2022 law. The bill repeals the Local Resident Voting Rights Amendment Act of 2022, restoring the prior rule that limited voting in D.C. elections to U.S. citizens. This change would require noncitizen D.C. residents to obtain citizenship to vote in local elections.

Maddy summaryThis bill reforms how Medicare pays for skin substitute products used to treat chronic wounds like diabetic foot ulcers. It establishes a new payment system based on a volume-weighted average of historical prices for all covered skin substitutes (excluding temporary dressings or certain other products), effective January 2026. This replaces current pricing that varied by product type and incentivized expensive options, aiming to contain costs while ensuring all clinically similar products are covered equally. The reform directly affects Medicare beneficiaries requiring wound care, healthcare providers selecting treatments, and Medicare's payment system for these products.

Maddy summarySRES 348 is a Senate resolution designating August 14, 2025, as "National Save Social Security Day" to commemorate the 90th anniversary of the Social Security Act. It encourages Americans to reflect on Social Security's role as a primary income source for seniors, people with disabilities, and families, while promoting awareness of its long-term challenges. The resolution urges federal, state, local governments, and organizations to host educational events and dialogue about preserving Social Security's solvency through bipartisan action. As a commemorative resolution, it does not enact policy but seeks to foster public engagement ahead of the program's 90th anniversary.

Maddy summaryThis bill creates a 30% tax credit for businesses investing in disaster mitigation projects on "working waterfront" properties, such as those used for commercial fishing, boating, or aquaculture. The credit covers up to $300,000 annually per business for eligible costs like floodproofing, shoreline stabilization, or warning systems designed to prevent damage from natural hazards. To qualify, a business must meet a gross receipts limit of $47 million annually and use the property for water-dependent activities with access to navigable waters. The credit applies to projects completed after 2025 and is limited to one claim per business every 10 years.

Maddy summaryThis resolution (SRES 342) is a symbolic gesture honoring small firearm manufacturers in the U.S., recognizing their economic contributions and role in recreational shooting traditions. It specifically designates August 2025 as "National Shooting Sports Month" and commends these businesses for supporting 380,000 jobs and $91 billion in annual economic output. The resolution does not create new laws or funding but formally acknowledges small manufacturers’ role in preserving Second Amendment-related activities and outdoor culture. It is a commemorative statement with no binding policy impact.

Maddy summaryThis resolution (SRES 344) commemorates the 20th anniversary of Hurricane Katrina's 2005 Gulf Coast devastation and acknowledges rebuilding progress in affected areas. It recognizes the recovery efforts of communities across Louisiana, Mississippi, Alabama, Florida, and Georgia, citing specific improvements like the 87% population growth in Gulfport-Biloxi-Pascagoula (2006-2024) and increased tourism in New Orleans (3.7 million to 17.5 million visitors since 2006). The Senate formally expresses support for Katrina victims, commends recovery efforts, and reaffirms commitment to the Gulf Coast's ongoing rebuilding. As a symbolic resolution, it does not create new policies or allocate funds.

Maddy summaryThis bill amends two existing banking regulations by increasing a numerical threshold from 15 to 20 in two specific sections: the Revised Statutes (12 U.S.C. 24) and the Federal Reserve Act (12 U.S.C. 338a). It makes a technical adjustment to banking rules without creating new programs or directly affecting citizens, businesses, or government programs. The change modifies how certain financial provisions are calculated under current law but does not alter the underlying policy or impact any specific groups. As a procedural amendment to existing statutes, it has no direct public-facing effect.

Maddy summaryThe Art Market Integrity Act (S 2400) requires art dealers, auction houses, galleries, and other intermediaries who handle art transactions exceeding $10,000 in a single sale or $50,000 annually to report these transactions to the Treasury Department. It defines "work of art" to include original paintings, sculptures, and similar pieces while excluding mass-produced items or functional design. The bill mandates Treasury to update guidance on art transactions involving sanctioned entities within 360 days and issue new rules within 180 days to clarify reporting requirements and exemptions. This directly affects businesses in the art market that meet the transaction thresholds, aiming to improve transparency in high-value art sales.