Maddy summaryThis bill increases the tax exclusion for capital gains when selling a primary residence. It doubles the exclusion amount from $250,000 (for single filers) to $500,000 and from $500,000 (for married couples) to $1,000,000. The bill also adds an inflation adjustment for amounts after 2025, tying future increases to the cost-of-living adjustment. It directly affects homeowners who sell their primary residence and would otherwise owe tax on profits exceeding the previous limits. The changes apply to sales after the bill's enactment date.
Sen. David McCormick
Sponsored bills
Maddy summaryThis bill reestablishes the National Coal Council under the Department of Energy, as specified in a charter filed with Congress on June 16, 2025. It requires the Secretary of Energy to operate the council under the governing rules of the Federal Advisory Committee Act (excluding section 1013 of that law). The council would serve as an advisory body to the Secretary on coal-related issues, though the bill itself does not change policy or directly affect specific groups. This is a procedural measure to create a formal advisory structure, not a policy change.
Maddy summaryThis bill would strengthen U.S. sanctions against entities involved in fentanyl trafficking, with specific focus on those connected to China. It requires the President to prioritize identifying Chinese individuals and entities involved in shipping fentanyl, fentanyl analogues, and related materials to Mexico or other countries for trafficking into the U.S. The bill authorizes sanctions including blocking property and prohibiting financial transactions against foreign persons who engage in activities contributing to the international proliferation of illicit synthetic narcotics. It maintains existing sanctions on major drug cartels like the Sinaloa Cartel and establishes a 6-year sunset for new sanctions, with potential for renewal if deemed vital to national security.
Maddy summaryS 3302, the Mikaela Naylon Give Kids a Chance Act of 2025, requires drug manufacturers developing cancer treatments to conduct pediatric-focused research for certain drugs targeting pediatric cancer mechanisms. It amends FDA drug approval processes to mandate molecularly targeted pediatric cancer investigations for drugs with new active ingredients or specific approved combinations, ensuring studies address dosing, safety, and efficacy for children. The bill also extends priority review vouchers (which expedite FDA reviews) for rare pediatric disease treatments until 2030 and mandates GAO studies to evaluate how effectively these incentives spur new pediatric cancer drug development. These changes apply to new drug applications submitted three years after the law's enactment, with reports due to Congress at 6, 8, and 10 years.
Maddy summaryThe Platform Accountability and Transparency Act creates a structured process for researchers to access certain platform data for research while protecting user privacy. Platforms with at least 50 million US monthly users must provide specific data to qualified researchers (affiliated with US universities or nonprofits) whose projects are approved by the National Science Foundation and Federal Trade Commission. The bill requires platforms to publicly disclose information about advertising, algorithms, content moderation, and highly disseminated content, while establishing strict privacy and cybersecurity safeguards for the data. It also creates legal protections for platforms and researchers who comply with the law's requirements, ensuring researchers cannot be sued for accessing data through this process.
Maddy summaryS 3267, the ASAP Act, would require Medicare to cover early detection screening tests for Alzheimer's disease and related dementias starting January 1, 2028. The bill defines these tests as FDA-cleared or approved blood, genomic, or imaging-based screenings for pre-symptomatic or early-stage detection. It directly affects Medicare beneficiaries aged 65+ who may be at risk for Alzheimer's, ensuring coverage for these specific tests once approved. The key provision adds these screenings to Medicare's payment system under Section 1833(h)(1)(A) of the Social Security Act.
Maddy summaryThe RECAPTURE Act (S 3259) changes how leftover federal broadband funding is handled under the Infrastructure Investment and Jobs Act. It requires that any unspent funds from the Broadband Equity, Access, and Deployment (BEAD) program not specifically designated for a project must be deposited into the federal Treasury to reduce the deficit, while funds designated for specific projects remain available to the grant recipient. This applies directly to states and local governments that received BEAD grants but have unused funds. The bill ensures unallocated broadband funds are redirected toward deficit reduction rather than remaining unspent.
Maddy summaryThis bill amends U.S. immigration law to expand the definition of "aliens engaged in terrorist activity" under the Immigration and Nationality Act. It adds specific groups - Hamas, Palestine Islamic Jihad, Hezbollah, Al-Qaeda, and ISIS - to the list of entities whose members or supporters would be barred from entering the U.S. The change replaces a prior reference to the Palestine Liberation Organization's spokesperson with a broader inclusion of these designated groups and their affiliates. Individuals who are members of these groups, act as their spokespersons, or endorse their terrorist activities would now be subject to immigration inadmissibility. This directly affects foreign nationals associated with these organizations seeking U.S. visas or entry.
Maddy summaryThis bill prohibits Medicare-approved medical residency programs from requiring residents to undergo abortion-related training without their voluntary opt-in. It specifically bans programs from mandating such training or discriminating against residents who choose not to participate in abortion care (including counseling or referrals). The law applies directly to medical residents in Medicare-funded postgraduate training programs. Key provisions ensure residents can opt out without penalty and prevent programs from penalizing those who decline abortion-related instruction.
Maddy summaryThis bill changes federal rules for detaining defendants before trial. It creates a new rule that non-citizen defendants (including non-permanent residents) are presumed to be a flight risk unless they provide strong proof they won't flee or pose a danger to others. Family ties or employment in the U.S. cannot be used to challenge this presumption. The change applies only to non-citizens, not U.S. citizens.