Sen. Tim Sheehy

Maddy summaryThis bill modernizes S corporation tax treatment with several key changes. It increases the passive investment income limit from 25% to 60% and removes excessive passive income as a termination event, making it easier for S corporations to maintain their status. The bill also allows nonresident aliens and IRAs to be shareholders, and creates a deduction for shareholders who inherit S corporation stock, allowing them to amortize built-in gains over 15 years. These changes aim to make S corporations more flexible and attractive for business owners and investors.

Maddy summaryThis bill prohibits males from participating in athletic programs or activities at the U.S. Military Academy, Naval Academy, and Air Force Academy that are designated for women or girls. It requires the Secretary of Defense to ensure these academies do not allow male participants in such women-focused teams. However, males may train or practice with these teams if no female loses a roster spot, competition opportunity, scholarship, or other benefit. The bill defines "sex" as a person's reproductive biology and genetics at birth, and "athletic programs" as any team-based activity with conditional participation. The law directly affects athletic team composition at these three military service academies.

Maddy summaryThe TORNADO Act (S 258) directs the National Oceanic and Atmospheric Administration (NOAA) to improve how hazardous weather warnings are communicated to the public, focusing on simplifying language and ensuring clarity to prompt protective actions. It establishes a dedicated hazard risk communication office to eliminate confusing terms, develop new terminology, and create best practices for timely, consistent warnings across platforms. The bill mandates a pilot program testing tornado warning effectiveness at historically Black colleges in tornado-prone areas and requires NOAA to update tornado rating systems for accuracy. Additionally, it authorizes $11 million annually for research grants prioritizing minority-serving institutions to advance tornado forecasting, communication science, and post-storm assessments.

Maddy summaryThis resolution (SRES 255) is a ceremonial Senate measure honoring former U.S. Senator Christopher "Kit" Bond of Missouri, who died on May 13, 2025. It recognizes his 40+ years of public service, including his roles as Missouri Governor (1973-1977, 1981-1985) and U.S. Senator (1987-2011). The resolution directs the Senate to adjourn briefly as a mark of respect and transmit a copy to his family. It has no policy impact or direct effect on constituents, as it is purely commemorative.

Maddy summaryThis bill amends the CDFI Bond Guarantee Program to improve its operation. It raises the minimum guarantee amount to $25 million per bond issue, sets an annual cap of $1 billion for all guarantees, and extends the program's deadline by four years from enactment. The changes aim to provide more predictable access to long-term capital for Community Development Financial Institutions (CDFIs) serving underserved communities. The bill also requires the Treasury Secretary to submit two reports on the program's effectiveness to Congress within one and three years of enactment.

Maddy summaryThe Veterans Health Care Freedom Act establishes a 3-year pilot program (starting one year after enactment) in at least four VA service networks, allowing eligible veterans enrolled in VA health care to choose their primary and specialty care providers from a broader network of VA facilities and non-VA providers with VA agreements. It removes current restrictions requiring veterans to use providers only in their local VA network or limiting non-VA care to situations where VA care was "unavailable." After the pilot, these expanded choices become permanent, meaning veterans will always be able to select providers without those restrictions and VA will provide care at any VA facility, regardless of the facility's network location relative to the veteran's residence.

Maddy summaryThis bill imposes a new tax on entities receiving funding for civil lawsuits through litigation financing agreements. It requires a 3.8% surcharge (added to regular income tax rates) on profits from such funding, applied at the entity level for businesses like partnerships. The tax applies to third parties (e.g., corporations, individuals) who receive funds for lawsuits but excludes small agreements under $10,000 and standard loans with interest capped at 7% or 2x Treasury rates. The tax takes effect for 2026 taxable years, with 50% of the tax withheld directly from settlement payments.

Maddy summaryThis bill requires Medicare Advantage plans to implement electronic prior authorization systems by 2028 and report detailed transparency data starting in 2027. Plans must publicly disclose approval/denial rates, average processing times (including for appeals), technology use, and other metrics for covered medical services. It mandates 24-hour response standards for expedited requests and routinely approved services, with data collection to analyze access patterns and potential disparities in rural/low-income communities. These changes directly affect Medicare Advantage plans, providers, and seniors enrolled in these plans by standardizing and increasing visibility into prior authorization processes.

Maddy summaryThis bill reauthorizes funding for existing mental health support programs designed to assist law enforcement officers experiencing crisis. It extends the authorization period for these programs from 2020-2024 to 2025-2029 under Section 1001(a)(21) of the 1968 Omnibus Crime Control and Safe Streets Act. The bill directly affects law enforcement officers who access these crisis support services, ensuring continued availability of the established program. It does not create new programs but maintains current funding for existing mental health treatment and support resources for officers.

Maddy summaryThis bill expands benefits for public safety officers (like police and firefighters) who develop certain cancers linked to their work. It creates a presumption that specific cancers - such as lung, bladder, or mesothelioma - were caused by job-related exposure to carcinogens, if the officer served at least 5 years, was diagnosed within 15 years of leaving active duty, and the cancer caused death or permanent disability. The list of covered cancers will be updated every 3 years based on medical evidence from agencies like the National Institute for Occupational Safety and Health. Claims must be filed within 3 years of the bill’s enactment, applying to cases involving deaths or disabilities occurring after January 1, 2020.