Maddy summaryThe Southwestern Power Administration Fund Establishment Act creates a new fund within the U.S. Treasury to consolidate the Southwestern Power Administration's (SPA) existing receipts, unspent balances from prior appropriations, and future funding. This fund will directly support the SPA - a federal agency managing hydroelectric power marketing - by covering operational costs for power transmission systems, electricity marketing, infrastructure construction, and related administrative expenses. The bill transfers unspent balances from three specific past funds into this new account and updates budget laws to redirect future SPA funding to it. The fund remains available until spent, with excess amounts annually returned to the U.S. Treasury.
Sponsored bills
Maddy summaryThis bill would remove the federal approval for the drug mifepristone, which is used in combination with other medications to end pregnancies, and would make it illegal to distribute the drug for that purpose. It also creates a new federal lawsuit option allowing individuals to sue drug manufacturers for physical or mental harm they claim resulted from using mifepristone. The law would take effect 14 days after passing, with the new lawsuit provision becoming active 90 days after enactment.
Maddy summaryThis bill, titled the Failed Bank Executives Clawback Act, would give the Federal Deposit Insurance Corporation and federal regulators the authority to recover compensation from executives and other high-level personnel at banks that have failed. It directly affects directors, officers, controlling stockholders, and other individuals found primarily responsible for a bank's failure at institutions with over $10 billion in assets. The law would require these individuals to return bonuses, stock awards, and other compensation received in the three years before the bank's insolvency or resolution, with recovered funds going into the Deposit Insurance Fund. Additionally, the bill clarifies the Corporation's authority to take over certain financial companies regardless of how the takeover process was initiated.
Maddy summaryThis resolution (SRES 630) expresses the U.S. Senate's condolences to the families of two Missouri police officers - Deputy Gabriel Ramirez and Deputy Michael Hislope - who died in the line of duty on February 23, 2026, during a shooting in Christian County. It recognizes the daily sacrifices of all law enforcement officers, condemns violence against them, and affirms support for officers nationwide who protect communities. The resolution serves as a symbolic gesture of honor and remembrance, with no new laws or funding attached. It directly affects the families of the fallen officers and aims to publicly acknowledge the broader law enforcement community's service.
Maddy summaryThis bill, known as the Secure Tracks Act, establishes new federal requirements for visual inspections of railroad tracks to improve safety. It directly affects railroad operators and the Federal Railroad Administration by mandating that mainline tracks used for Class 3 speeds or higher be visually inspected at least twice weekly by qualified inspectors. The legislation also requires automated track geometry measurement systems to scan tracks at specific frequencies based on track class and annual tonnage, while prohibiting waivers that would reduce safety coverage. Additionally, the bill gives qualified inspectors sole authority to authorize train movements when track defects are found and requires immediate remediation of any identified safety issues.
Maddy summaryThis bill requires the Assistant Secretary of Commerce for Economic Development to create simplified application forms for rural communities seeking federal economic development grants. It defines rural communities as incorporated municipalities, Tribal areas, or territories with populations of 10,000 or fewer people or those outside metropolitan statistical areas. The legislation mandates that the Assistant Secretary gather input from rural stakeholders on reducing application length, minimizing required documentation, standardizing forms across programs, and eliminating repetitive information requests. Additionally, the bill requires the agency to publicly share sample successful applications, decision-making criteria, and standardized guidance to help rural applicants navigate the grant process.
Maddy summaryThis bill, titled the HOPE for Homeownership Act, imposes a 15 percent excise tax on hedge funds that purchase single-family homes with 1 to 4 units. The tax applies to any hedge fund taxpayer that manages at least $50 million in assets and acquires a majority ownership interest in such residential properties. Additionally, the legislation disallows mortgage interest deductions and depreciation for hedge funds that rent or lease these homes, while also reducing their eligibility for certain business income tax benefits. These tax changes are designed to discourage institutional investors from buying residential properties for investment purposes.
Maddy summaryThis bill, titled the Homes for American Families Act, would amend the Sherman Antitrust Act to prohibit large investment entities from buying residential homes. It targets real estate investment trusts, insurance companies, and investment funds managing at least $150 million in assets, while exempting homebuilders and developers who construct homes for individual buyers. The law would treat such purchases as antitrust violations, though only civil penalties would apply rather than criminal ones. Additionally, the Department of Justice would be directed to prioritize investigating coordinated vacancy or pricing strategies by these large investors in local housing markets. The restrictions would only apply to purchases made after the bill is enacted.
Maddy summaryThe GRID Act requires new data centers (20+ megawatts) to power all operations - including backup energy - from off-grid sources like captive power plants or on-site generation, effective 180 days after enactment. Existing data centers can continue using the grid for 10 years if they obtain a "Zero Rate Effect Certificate" from the Secretary of Energy, which requires studying whether the data center raises electricity rates for ratepayers - prioritizing residential rates in the analysis. Covered entities must also publicly report utility usage, property acquisitions, and financial agreements with utilities (including Rate Effect Credits) within 90 days of enactment. Violations carry $1 million daily penalties, and all power sources must comply with environmental and labor laws.
Maddy summaryThe Break Up Big Medicine Act requires large healthcare companies that own multiple parts of the healthcare system (such as insurance, pharmacies, and physician practices) to divest certain businesses to eliminate conflicts of interest. It prohibits common ownership between entities like health insurers and physician practices, or drug wholesalers and medical providers, mandating divestiture within one year of enactment. Non-compliance would trigger penalties including monthly escrow of 10% of profits, and the bill allows government agencies and individuals to sue for violations. This directly affects the largest health insurance companies, pharmacy benefit managers, and drug distributors that have integrated operations across the healthcare sector.