The Homeownership Eligibility Reform Act restricts access to government-backed and private mortgage insurance for single-family homes to individuals who are U.S. citizens. Specifically, the bill amends laws governing the Federal Housing Administration, Fannie Mae, and Freddie Mac to require that borrowers for one-to-four-unit properties must be citizens to qualify for their mortgage products. This change directly affects foreign nationals and non-citizen residents who currently might purchase homes with these types of financing, effectively limiting their eligibility for these specific mortgage programs.
This bill, known as the NFIP Premium Transparency Act, requires the Federal Emergency Management Agency to provide homeowners with flood insurance policies with more detailed information about their premiums and risk factors. Under the new rules, insurance declaration pages will list current rates, explain any discounts, show claim history, and estimate how long it will take for premiums to reach full-risk levels. Additionally, the agency must create an online tool that allows the public and property owners to view specific rating factors, such as elevation and building type, and to simulate how changes like mitigation projects might lower future costs. The legislation also mandates annual reports on flood insurance rates by region and asks an independent government official to study ways to further improve the transparency and functionality of these insurance tools.
The Kidney Disease Education Access Expansion Act of 2026 expands Medicare coverage to include kidney disease education services for individuals with hypertension, diabetes, or any stage of chronic kidney disease, rather than limiting them to those with advanced disease. This bill broadens the range of eligible providers to include community health workers and clinical social workers, allows these services to be delivered in group settings or with caregivers present, and adds new topics such as transition assistance for transplant recipients. Starting in 2027, the law also requires private health insurance plans to cover these education services and establishes a working group to develop methods for measuring the effectiveness of the program.
The Pacific Islands Liaison Initiative Act creates a new program within the Department of Homeland Security to strengthen law enforcement ties with Pacific Island nations. This initiative will deploy U.S. personnel to Honolulu and Guam to conduct joint operations, provide training, and share resources to help local countries fight transnational crime. The program is authorized to receive $5 million annually from 2027 through 2034 and requires the agency to submit yearly reports to Congress on its activities and funding.
The Comprehensive Paid Leave for Federal Employees Act expands paid family and medical leave benefits for federal workers, including those in the Executive Office of the President, the Postal Service, and the District of Columbia courts. Key provisions increase the standard leave entitlement to 12 weeks plus any accrued annual or sick leave, while also extending coverage to include pregnancy loss, fertility issues, and failed adoptions. The bill specifically adds a new category of leave allowing employees to take time off to address the needs of family members who are victims of dating violence, domestic violence, sexual assault, stalking, or sex trafficking. To fund this expanded coverage, the legislation requires employees to agree to work for a period equal to the time taken off, with exceptions made for death or serious health conditions.
This bill proposes a constitutional amendment to repeal the Seventeenth Amendment, which currently mandates the direct election of U.S. Senators by the public. If ratified by conventions in three-fourths of the states, the change would restore the original system where state legislatures select Senators. The proposal includes a provision to protect the terms of any Senators currently serving, ensuring their positions remain unaffected by the transition. This measure directly impacts the method of choosing Senators and would alter the balance of power between the federal government and state legislatures.
The Bank Failure Accountability Act requires large financial institutions to set aside a significant portion of senior employee compensation into a special fund to ensure accountability for future misconduct. Specifically, the law mandates that executives and high-earning staff defer at least half of their pay that exceeds seven times the median worker's salary, holding this money in reserve for a period ranging from two to eight years depending on the bank's size. If the institution faces fines for illegal actions or fails, these withheld funds must be used first to pay penalties or to return money to depositors, preventing the use of taxpayer resources. Any deferred compensation that cannot be repaid due to the fund running out of money will simply be cancelled, ensuring that employees do not receive full bonuses if their firm causes harm. This measure directly targets high-asset banks, credit unions, and other major financial entities to align executive incentives with long-term stability.
The GRACE for Military Survivors Act extends the deadline for contributing military death benefits to Roth IRAs and Coverdell education savings accounts from one year to three years. This change directly benefits families of service members who receive these death benefits, giving them more time to save for retirement or education. The law applies to benefits received after the bill is enacted and includes a special rule allowing contributions made within a specific window for benefits received between 2001 and the enactment date. By amending the Internal Revenue Code, the bill ensures that eligible funds can be deposited into these tax-advantaged accounts without losing their value due to time limits.
The Health and Location Data Protection Act of 2026 prohibits data brokers from buying, selling, or sharing specific types of personal information, including an individual's health data and location history. This ban applies to any entity that resells data it did not collect directly from the person, though it allows exceptions for actions compliant with existing HIPAA rules, newsworthy reporting, and disclosures where the individual has given valid consent. The Federal Trade Commission is tasked with defining exactly what counts as "data" and issuing final rules within 180 days of the law's enactment. Violations of these restrictions can lead to enforcement actions by the FTC, state attorneys general, or private individuals, potentially resulting in civil penalties of up to 15 percent of the violator's annual revenue. The legislation also includes a funding provision that appropriates $1 billion to the FTC for fiscal year 2027 to support its work under this act.
This bill creates a new type of tax-advantaged savings account called a "home savings account" designed to help individuals save for housing expenses. It allows taxpayers to deduct up to $10,000 annually from their income for cash contributions made to these accounts, with a higher limit of $20,000 for married couples filing jointly. Money withdrawn from the account is tax-free only if it is used to buy a principal residence or pay down the mortgage on that home; otherwise, the withdrawal is taxed as income and subject to a 20% penalty. The legislation also permits a one-time transfer of funds from an existing retirement plan into a new home savings account and includes specific rules for handling excess contributions, account transfers due to divorce, and inheritance after the account holder's death.
The Local Foods for Healthy Schools Act of 2026 creates a new program to help state and local governments purchase and distribute food grown within 400 miles of schools. This initiative provides $200 million annually to eligible state agencies, which can either buy local produce directly or give funds to school districts for that purpose. The bill defines local foods as minimally processed agricultural products and requires recipients to submit reports on their purchases while ensuring funds supplement rather than replace existing state support.
This bill authorizes Congress to award a Congressional Gold Medal to individuals who fought for or with the United States in the Pacific theater during World War II and subsequently became prisoners of war. The legislation specifically recognizes the service and sacrifice of those who defended locations such as Bataan and Corregidor, including Filipino soldiers and civilians who served alongside U.S. forces. To implement this award, the Speaker of the House and the President pro tempore of the Senate will arrange for the creation of a gold medal by the Secretary of the Treasury, which will be presented to the Smithsonian Institution for display. The act also allows for the production of duplicate bronze medals to cover the costs of the original gold medals, with any proceeds from these sales deposited into the United States Mint Public Enterprise Fund.
