The Protect Local Funding Act prohibits federal agencies from finalizing, implementing, or enforcing a specific proposed rule regarding federal financial assistance scheduled for publication in May 2026. This legislation directly affects the Office of Management and Budget and other federal agencies by legally blocking them from acting on that particular regulation. By preventing the enforcement of this rule, the bill aims to stop a specific administrative action that could impact how federal funds are distributed. The measure does not alter existing funding programs but rather serves as a procedural barrier to a future regulatory change.
The Hydropower Licensing Affordability Act amends the Federal Power Act to modify how federal licenses for hydropower projects are issued. Specifically, it requires that license conditions include measures to reasonably mitigate direct adverse effects on federal reservations and fish populations within applicable river systems. These changes aim to ensure that new or existing hydropower projects address environmental impacts on protected lands and aquatic species before a license is granted. The bill directly affects hydropower project developers and federal agencies responsible for licensing and environmental oversight.
Repealing Big Brother Overreach Act This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.
This Senate resolution reaffirms the importance of the United States protecting refugees and displaced persons globally and within the country. It highlights specific statistics on displacement crises and criticizes current administration actions, such as an indefinite suspension of refugee admissions and cuts to foreign aid. The bill calls on government officials to restore the Refugee Admissions Program, lift bans on entry, and provide humanitarian support to vulnerable populations. While it does not change existing laws, it serves as a formal statement of support for refugee rights and urges the executive branch to resume resettlement efforts.
The CHILD Labor Act strengthens existing federal protections against child labor by expanding the definition of hazardous work for minors and requiring stricter oversight of companies in supply chains. It mandates that federal contractors and recipients of federal financial assistance ensure no child under 16 is employed and that those aged 16 or 17 are not engaged in dangerous labor, with penalties for violations extending to parent companies that fail to verify their subcontractors' compliance. The legislation also increases fines for child labor offenses, allows the Department of Labor to issue stop-work orders, and establishes new civil damages for victims of these violations. Additionally, the bill requires the government to publish annual reports on work-related injuries and deaths while funding training programs to help identify and prevent child labor abuses.
This bill directs the Secretary of Homeland Security to grant Temporary Protected Status to nationals of Haiti. Under this provision, eligible Haitian immigrants would be allowed to live and work in the United States without fear of deportation until March 20, 2029. The legislation overrides other existing laws to ensure this designation remains in effect for the specified period.
The FIRE SMART Act of 2026 directs the Environmental Protection Agency to update its regulations regarding rural water infrastructure projects. Specifically, the bill requires the EPA to define "communities at high risk from fire or wildfire" and to prioritize funding for water system improvements that aid in fire suppression within these areas. Additionally, the legislation mandates that projects benefiting both drinking water and fire suppression receive priority if the community has adopted a wildfire protection plan or taken steps to reduce private property fire risks. These regulatory changes aim to ensure that federal funding for rural water systems explicitly supports wildfire prevention efforts.
The Manufactured Housing Lending Act creates a pilot program to help expand access to loans for manufactured homes. It directs two major government-backed lenders to start buying or sharing the risk of new loans for these homes within a year of the program's launch. To qualify, the homes must be placed in nonprofit, government, or resident-owned communities with long-term or permanent site leases, and the program will include standard consumer protections. The lenders participating in this pilot will be allowed to earn a lower return on these specific loans compared to other similar lending activities.
The Home Equity Lending Integrity Act updates the Truth in Lending Act to explicitly include home equity investment loans within its scope. These loans are defined as transactions where a consumer receives money in exchange for an interest in their home and an obligation to repay based on the property's value. The bill directs the Bureau of Consumer Financial Protection to create regulations ensuring these specific loans are covered under existing rules for consumer protection and penalties. Additionally, the legislation states that this change is intended to clarify the current law rather than alter how it is administered.
The America the Beautiful Act reauthorizes the National Parks and Public Land Legacy Restoration Fund through 2033, increasing its annual funding from $1.9 billion to $2 billion. It requires that projects funded by the Legacy Restoration Fund must secure at least 15% of their costs from public donations, which will be solicited through public awareness campaigns, donation locations at recreation sites, and during the purchase of recreation passes. The bill also mandates new reporting requirements for deferred maintenance and disposal of assets no longer serving public interest, while ensuring donations are credited to the Fund and allocated to specific projects.
The Stock Buyback Accountability Act of 2026 raises the federal excise tax on corporate stock repurchases from 1 percent to 4 percent, directly affecting corporations that buy back their own shares. This change also modifies existing tax rules to exclude stock issued to high-income executives and employees earning over $1 million from the tax calculation. The new provisions apply to stock repurchases occurring after the law is enacted, with specific transition rules for partial-year transactions, while the adjustments to tax exemptions take effect for taxable years ending more than 90 days after enactment.
This bill abolishes the Anti-Weaponization Fund, a financial reserve created by the Attorney General during the Trump v. Internal Revenue Service legal case. It also declares an order issued on May 19, 2026, regarding the release of certain claims as invalid and without effect. The legislation directly impacts the Department of Justice by removing this specific fund and reversing the associated administrative directive.