This bill increases the corporate tax rate on stock buybacks to 25 percent for large oil and gas companies that meet specific revenue and operational criteria. It targets corporations with an average annual gross receipt of at least $1 billion that are primarily engaged in producing, refining, processing, transporting, or distributing oil or natural gas. The higher tax rate applies only to stock repurchases made after the bill is enacted and before gasoline prices fall below $2.937 per gallon for five consecutive weeks. If gasoline prices drop below this threshold, the special tax provision ceases to apply, and companies may claim a partial reduction in their tax liability based on the duration of the high-price period.
The All Students Count Act of 2026 requires schools to break down educational data into more specific categories for Asian American and Native Hawaiian and Pacific Islander students, moving beyond broad groupings to include distinct ethnicities like Chinese, Vietnamese, and Samoan. This change mandates that states report performance metrics for these detailed subgroups within their existing accountability systems to better reflect the diverse backgrounds of these communities. The bill takes effect 18 months after enactment, allowing time for states to adjust their data collection and reporting processes to accommodate the new requirements.
The REPORTS Act requires federal agencies to analyze how new major rules affect people living in poverty and issues of racial inequity before publishing them. Additionally, it mandates the Government Accountability Office to produce annual reports examining the economic impacts of specific government programs on these same groups. The legislation allows these analyses to optionally include an assessment of the racial wealth gap, with definitions for key terms set by the Office of Management and Budget or the Comptroller General.
The Federal Death Penalty Prohibition Act bans the imposition of the death penalty for any federal crime committed after the law takes effect. It also requires that individuals currently sentenced to death under federal law be resentenced to a different punishment. This legislation directly affects the federal criminal justice system by eliminating capital punishment as a sentencing option.
The Closing the HPV Testing Gap Act directs the National Institutes of Health to conduct a comprehensive study on developing a standardized, noninvasive test for human papillomavirus in men. This research must be completed within 24 months and will involve coordination with federal agencies like the CDC and the FDA, as well as scientific experts and community stakeholders. The study aims to evaluate various testing methods, assess feasibility across diverse populations, and provide recommendations for future implementation and regulatory approval. Additionally, the bill requires an interagency working group to oversee the process and mandates a final report to Congress within 30 months outlining findings and strategies for improving cancer prevention and health equity.
The Dietary Supplements Access Act allows individuals to use funds from specific tax-advantaged health accounts to purchase dietary supplements without paying income taxes on those withdrawals. This legislation directly affects holders of Health Savings Accounts, Archer Medical Savings Accounts, and Health Flexible Spending Arrangements by permitting up to $500 per year in tax-free spending on these products, with a lower limit of $250 for married couples filing separately. The bill explicitly defines dietary supplements according to federal law but excludes energy drinks, soft drinks, and sodas from this benefit. These tax advantages will only become effective for expenses incurred after December 31, 2025.
The Stop the Doxx Act makes it a federal crime to publicly share personal information, such as home addresses or phone numbers, about law enforcement officers, prosecutors, judges, or their immediate family members with the intent to threaten or intimidate them. Under this law, individuals found guilty face prison sentences of up to 10 years for a first offense, with penalties increasing to 20 years for repeat offenses or up to 40 years if the act results in injury or death. The bill also allows victims to sue for damages and requires the Attorney General to create a free, annual training program to help these public servants protect their personal data online.
This bill directs the Secretary of the Interior to study the Mullica River watershed in New Jersey for potential designation as a Wild and Scenic River. The study will focus on specific segments of the Mullica River and its tributaries, including the Wading River, Batsto River, and various creeks and brooks. If the study concludes that these waters meet the necessary criteria, the federal government could officially protect them under the Wild and Scenic Rivers Act. This legislation does not immediately change the status of the rivers but establishes a process to evaluate their suitability for conservation.
The No Taxpayer-Funded Settlement Slush Funds Act of 2026 prohibits the use of federal money to pay specific settlements involving high-ranking government officials and their close associates. It bars payments to the President, Vice President, their immediate families, cabinet members, senior executive staff, political appointees, and individuals connected to these roles, as well as any entity owned by the President or Vice President. Additionally, the bill restricts settlements related to claims about the January 6 Capitol attack, foreign election interference, or previously dismissed lawsuits, while requiring Treasury reports for large settlements and allowing the government to seek repayment if rules are broken.
The WATCH Personnel Act of 2026 establishes a minimum annual salary of $40,000 for Transportation Security Officers and mandates future salary adjustments based on inflation. Additionally, the bill provides a one-time $10,000 bonus to officers employed as of February 14, 2026, during a period of funding uncertainty. These funds are designated specifically for pay and benefits during a lapse in appropriations and will be charged to future budgets once enacted. The legislation takes effect retroactively as if passed on February 13, 2026.
This joint resolution seeks to reject a specific rule issued by the Department of Education concerning the William D. Ford Federal Direct Loan Program. If passed, it would nullify the rule and prevent it from taking effect, directly impacting federal student loan policies. The measure uses a congressional disapproval process under Title 5 of the United States Code to override the department's regulatory decision. It does not create new policies but instead stops an existing proposed regulation from being implemented.
This bill establishes a pilot program to provide mental health care to incarcerated veterans with service-connected disabilities related to PTSD, traumatic brain injury, or military sexual trauma, focusing on five facilities across different settings. It requires the Department of Veterans Affairs to offer telemental health services or mobile mental health units without charging copayments, while also creating a dedicated hub of VA health care providers for these veterans. Additionally, the bill mandates that federal prisons establish separate housing units for veterans where feasible and automatically resume VA compensation payments upon a veteran's release from incarceration. The legislation also requires the Bureau of Prisons to submit annual reports to Congress on data regarding incarcerated veterans.
