Sen. Deb Fischer

Maddy summaryThis bill allows businesses to immediately deduct research and development (R&D) costs instead of spreading them over 60 months, directly benefiting companies investing in innovation. It increases the refundable R&D credit cap for small businesses from $250,000 to $750,000 over time, with specific phase-in amounts starting in 2025. Additionally, it expands access for startups by raising the gross receipts threshold for eligibility from $5 million to $15 million and increasing credit rates for qualified small businesses. These changes aim to make R&D tax incentives more accessible and valuable for smaller companies and new ventures.

Maddy summaryThis bill (S 1612) prevents U.S. funding for United Nations agencies if Palestine gains any status beyond observer status. It amends existing laws to replace "full membership" with "any status, rights, or privileges beyond observer status" in U.S. funding rules for UN agencies. This would block U.S. financial support for UN bodies if Palestine achieves full membership or equivalent standing. The bill directly affects U.S. foreign aid policy toward UN agencies and Palestine's potential UN representation.

Maddy summaryThis bill, the PRECISE Act of 2025, increases financial incentives for farmers and ranchers to adopt precision agriculture technologies through existing USDA conservation programs. It defines "precision agriculture" as managing crop or livestock inputs (like fertilizer or water) with high spatial and temporal detail to improve efficiency, and "precision agriculture technology" as tools including GPS systems, soil sensors, and data software. Key provisions allow up to 90% cost coverage for adopting these technologies under the Environmental Quality Incentives Program (EQIP) and add precision agriculture to eligibility for supplemental payments in the Conservation Stewardship Program. The bill directly affects agricultural producers participating in USDA conservation programs by expanding their access to funding for technology that aims to reduce input waste and support environmental quality.

Maddy summaryThe MOMS Act establishes a federal website called pregnancy.gov that will connect pregnant and postpartum women with local resources for healthcare, housing, childcare, and other support services. It creates grant programs for nonprofits that assist women in carrying pregnancies to term, with restrictions prohibiting these organizations from providing or referring for abortion services. The bill also amends child support laws to allow for child support obligations to begin at conception for unborn children, with payment amounts determined by courts based on the best interests of the mother and child. Additionally, it provides grants for telehealth equipment to improve prenatal and postnatal care access in rural and medically underserved areas.

Maddy summaryS 1618, the Precision Agriculture Loan Act of 2025, amends existing farm loan programs to specifically include funding for precision agriculture. It expands loan eligibility for farmers to adopt precision agriculture practices (like GPS-guided equipment) and acquire related technologies (such as soil sensors). The bill adds new provisions allowing these loans to also support participation in environmental incentive programs under the Food Security Act of 1985. It streamlines administration by enabling the Farm Service Agency's Deputy Administrator to handle these loans and simplifying approvals with conservation agencies. This directly affects farmers seeking to modernize operations with technology, with the program now authorized through 2029.

Maddy summaryThe LAST ACRE Act of 2025 establishes the "Last Acre Program" to expand high-speed broadband access to agricultural land that lacks sufficient connectivity. The program provides grants and loans to broadband providers to build networks meeting minimum speed requirements (100 Mbps downstream, 20 Mbps upstream) on unserved or underserved cropland, pastureland, and farm sites used for active agricultural production. It prioritizes assistance for limited resource farmers (those with lower income and farm sales) and requires providers to meet cybersecurity standards and submit detailed bid applications. The bill also mandates data collection about agricultural broadband usage and requires annual reporting to Congress on program implementation.

Maddy summarySRES 201 is a non-binding Senate resolution designating the week of May 4-10, 2025, as "National Small Business Week." It honors small businesses and entrepreneurs across all U.S. communities for their economic contributions, citing that small businesses support over 59 million jobs. The resolution recognizes their resilience and celebrates their role in strengthening local economies. This symbolic gesture, consistent with annual presidential proclamations since 1963, does not create new laws or affect any specific group through policy changes.

Maddy summarySRES 203 is a symbolic Senate resolution designating May 2025 as "Renewable Fuels Month" to recognize the role of renewable fuels. It does not create new laws but formally acknowledges four specific benefits: renewable fuels' contribution to reducing carbon emissions, lowering consumer fuel prices, supporting rural economies, and decreasing reliance on foreign energy sources. The resolution was introduced by Senators Ricketts, Grassley, Ernst, and others, with supporting details highlighting ethanol and biodiesel industry impacts like job creation and emissions reductions. This resolution has no binding effect but serves as a formal statement of congressional recognition.

This bill increases the annual limit on the tax credit for qualified railroad track maintenance expenses (also referred to as the short line railroad tax credit) and expands eligibility for claiming the credit. Under current law, the tax credit is limited each tax year to $3,500 multiplied by the sum of the number of miles of railroad track owned or leased by the taxpayer (miles owned or leased) and the number of railroad track miles assigned to the taxpayer by a Class II or III railroad (miles assigned). This bill increases the annual limit to $6,100 multiplied by the sum of miles owned or leased and miles assigned. The $6,100 amount used in the calculation of the tax credit limit is adjusted for inflation for tax years beginning after 2025. The bill also expands eligibility for the tax credit to include gross expenses for maintaining railroad tracks owned or leased as of January 1, 2024. Under current law, the tax credit is limited to gross expenses for maintaining railroad tracks owned or leased as of January 1, 2015.

Maddy summaryThe Stand with Israel Act would prohibit U.S. federal funds from being used to pay the U.S. share of United Nations dues or contributions to UN programs, specialized agencies, or related entities if the UN or a UN entity expels, downgrades, or suspends Israel's membership or restricts Israel's full and equal participation as a member state. This means the U.S. government would withhold payments to the UN in cases where the UN takes such actions against Israel. The bill directly affects the Department of State and other federal agencies responsible for UN funding, requiring them to block these payments under specified conditions. It does not compel the UN to act but would prevent U.S. financial support in response to UN decisions impacting Israel's membership status.