The Election Worker Protection Act of 2025 provides federal grants to states for election worker recruitment, training, and safety. It establishes new criminal penalties for threatening or harassing election workers, with fines up to $100,000 and up to 5 years in prison. The bill creates a grant program to protect election workers' personally identifiable information from public disclosure, including through redaction of personal data in public records. States would receive funding based on their voting age population, with requirements for diversity-focused recruitment and regular reporting on program outcomes.
S 2128, the MONARCH Act of 2025, establishes a $12.5 million annual fund to support conservation efforts for the western monarch butterfly, which has declined by over 99% in 30 years and faces imminent extinction. The bill creates a grant program providing funding for projects led by local governments, tribal entities, or nonprofits - focusing on restoring milkweed, nectar plants, and habitat across California, Arizona, Nevada, Washington, Oregon, Idaho, and Utah. Grants require project proposals demonstrating clear potential to aid monarch recovery, with mandatory reporting to the public and state legislatures on progress. The law also mandates annual reports to Congress on project outcomes and the implementation of a conservation plan developed by wildlife agencies.
The SECURE Act creates a new pathway for certain foreign nationals to adjust to lawful permanent resident status without leaving the United States. It primarily affects individuals who have been continuously present in the U.S. for at least three years and qualify under Temporary Protected Status (TPS), including those who previously had TPS or were granted deferred enforced departure. The bill allows eligible applicants to apply for permanent residency, provides work authorization while applications are pending, and protects the confidentiality of application information. It also includes provisions for spouses and children of qualifying applicants to adjust their status, and requires new reporting for countries whose TPS designation is terminated. The law includes specific eligibility requirements related to criminal background checks and continuous physical presence.
This bill requires for-profit colleges receiving federal student aid to generate at least 15% of their revenue from non-government sources. It defines allowable revenue streams (like tuition, campus-based educational activities, and certain contracts) while excluding most federal aid, scholarships from affiliated sources, and book fees. Colleges must report their revenue sources annually to Congress, and failure to meet the 15% threshold would suspend federal aid eligibility for two years. The law amends the Higher Education Act's 85/15 rule to clarify eligibility for institutions seeking federal student aid.
The Wall Street Tax Act of 2025 imposes a new transaction tax on securities trading in the U.S. It applies to purchases on U.S. exchanges or involving U.S. persons, and to derivative contracts meeting specific criteria. The tax rate starts at 0.02% for transactions in 2026-2027, gradually rising to 0.1% after 2029, based on the fair market value of the security or derivative payment. Excluded are initial security issuances and short-term debt (under 100 days). The tax is paid by exchanges, brokers, or directly by U.S. traders depending on the transaction type, effective after December 31, 2025.
This bill directs the U.S. government to actively support Taiwan's membership in the International Monetary Fund (IMF) and its meaningful participation in other international financial institutions. If Taiwan applies for IMF membership, the U.S. Governor at the IMF must use the U.S. vote to support that application, ensure Taiwan's participation in economic reviews, and facilitate access to technical assistance. The bill requires annual reports from the Treasury Secretary on U.S. efforts to advance Taiwan's engagement in these organizations for seven years. It aligns with longstanding U.S. policy supporting Taiwan's participation in international bodies where statehood is not required, without altering Taiwan's current non-member status.
S 2087, the "No War Against Iran Act," prohibits the use of federal funds for any military action in or against Iran without explicit congressional approval. It requires Congress to either declare war or pass specific new authorization for such action after this bill's enactment, overriding prior authorizations like the Iraq AUMF. The bill does not block self-defense actions if Congress later authorizes them under the War Powers Resolution, but it maintains existing reporting and consultation requirements for the executive branch. This directly affects the President and Pentagon, requiring congressional consent before funding military operations targeting Iran.
This bill targets tax avoidance tactics known as "basis shifting" in partnerships involving related parties. It requires partners to recognize gain when receiving property distributions from partnerships where related parties are involved, preventing them from artificially increasing the tax basis of partnership assets to reduce future taxable gains. The law defines "applicable partnerships" broadly (including any with related-party transactions) but excludes qualifying small businesses meeting gross receipts tests. Key provisions mandate that basis adjustments for distributed property must align with recognized gain, and increase penalties for understatements related to these transactions. It directly affects partnerships engaging in related-party distributions that previously allowed basis-shifting to defer or avoid taxes.
This bill requires the Department of Defense's Transition Assistance Program (TAP) and the Department of Veterans Affairs' Solid Start Program to provide servicemembers and veterans with specific, standardized mental health information during their transition from military to civilian life. It mandates inclusion of details on suicide risk factors (like depression, homelessness, and relationship strain), PTSD treatment options, substance abuse resources, and the impact of losing military support networks. Both programs must cover these topics in their counseling materials, directly affecting active-duty service members separating from the military and newly enrolled veterans. The bill also requires the Defense and Veterans Affairs Secretaries to jointly report to Congress within one year on the implementation of these changes.
The PARTNERSHIPS Act (S 2095) makes significant changes to partnership taxation under the Internal Revenue Code, primarily affecting partnerships where two or more members of a controlled group own 50% or more of capital or profits interests. The bill establishes a "consistent percentage method" for allocating income, gains, losses, and deductions among partners in these covered partnerships, requiring new reporting rules for such entities. It also modifies how partnership debt is allocated, adjusts basis for partnership property, and extends the net investment income tax to certain high-income individuals' trade or business income. These changes aim to prevent tax avoidance and clarify partnership tax treatment while creating new administrative requirements for affected businesses.
This bill restricts how credit bureaus share consumer credit reports during mortgage applications. It limits sharing with third parties unless the request is for a firm mortgage offer or the recipient is the loan originator, servicer, or a bank holding the consumer's account. The law directly affects consumers (by limiting data sharing), credit bureaus (requiring new compliance), and mortgage lenders/banks (with restricted access). Key provisions require explicit consumer authorization for sharing and prevent broad data use during prescreening for home loans.
HR 4047, the Coastal Communities Ocean Acidification Act of 2025, amends the 2009 Federal Ocean Acidification Research and Monitoring Act to improve collaboration on ocean acidification issues. The bill requires the National Oceanic and Atmospheric Administration (NOAA) to establish ongoing input mechanisms for affected industries, coastal stakeholders, fishery councils, Indigenous groups (including Indian Tribes and Native Hawaiian organizations), and non-Federal scientists. It mandates specific tribal representation on the Advisory Board, directs NOAA to coordinate with tribes on vulnerability assessments and research planning, and prioritizes underserved coastal communities in resource allocation. These changes aim to integrate community and tribal knowledge into federal research and management efforts related to ocean acidification impacts on coastal economies and ecosystems.
