Youth Financial Learning Act This bill directs the Department of Education to award competitive grants to state educational agencies and, through them, subgrants to local educational agencies to integrate financial literacy education into public elementary or secondary schools.
Special Drawing Rights Oversight Act of 2021 This bill imposes additional restrictions on the U.S. government's authority to vote on Special Drawing Rights (SDR) allocations at the International Monetary Fund (IMF). (The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.) Under current law, U.S. representatives to the IMF may not vote for SDR allocations to the United States beyond an amount authorized by statute unless Congress authorizes such a vote. This bill further reduces the allocation amount that U.S. representatives to the IMF may vote for without congressional approval. Furthermore, U.S. representatives to the IMF may not vote for SDR allocations to a country if the President finds that the country's government has (1) committed genocide in the last 10 years, or (2) repeatedly supported international terrorism.
Child Poverty Reduction Act of 2021 This bill requires the Department of Health and Human Services (HHS) and the Census Bureau to take certain actions with respect to poverty measures and data related to child poverty. It also requires the National Academy of Sciences to report annually on child poverty and study other issues, such as policies to reduce intergenerational poverty. Specifically, HHS must enter into an agreement with the Census Bureau to annually report an anchored supplemental poverty measure for individuals under the age of 18 and must otherwise collaborate with the bureau to, for example, correct income data to account for underreporting. Currently, the Census Bureau uses the official poverty measure (based on cash resources) and the supplemental poverty measure (based on both cash and certain noncash resources, such as nutrition assistance program benefits) to measure poverty. Anchoring the supplemental poverty measure fixes the poverty threshold at a given point in time and then adjusts it for inflation. HHS must publish resources on its website related to child poverty, and the Census Bureau must release certain economic and survey data at the same time it releases a specific report related to income, poverty, and health insurance coverage in the United States.
No Social Media Accounts for Terrorists or State Sponsors of Terrorism Act of 2021 This bill bars access to certain social media platforms by individuals designated as terrorists or senior officials of a government that is a state sponsor of terrorism. Specifically, the bill requires the President to prohibit providers of social media platforms (i.e., platforms that allow users to generate and share content and that have over 100,000 active users) from making such platforms available to barred individuals or officials. The bill does, however, allow officials to use these platforms solely for legitimate emergency alert purposes. Violations of this prohibition are subject to civil and criminal penalties. In addition, the President may waive the prohibition in the interests of U.S. national security. The Department of the Treasury must report to Congress on (1) the status and impact of the prohibitions of this bill, and (2) efforts to facilitate the free flow of information and access to communications technologies by civil society and democratic activists in Iran, Syria, North Korea, Cuba, and other countries controlled by authoritarian regimes.
Nuclear SLCM Ban Act of 2021 This bill prohibits the obligation or expenditure of Department of Defense or Department of Energy funds for FY2022, or any year thereafter, for the research and development, production, or deployment of the nuclear-armed sea-launched cruise missile and its associated nuclear warhead.
Addressing Climate Financial Risk Act of 2021 This bill establishes the Climate Risk Advisory Committee that must consult with the Financial Stability Oversight Council of the Department of the Treasury regarding a report on the impact of climate risk on U.S. financial stability. Additionally, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration must include climate risk in the guidance provided to a supervised financial institution.
Improving College Affordability for our Guard and Reserve Act This bill authorizes all members of the Armed Forces—including reservists or those in the National Guard and regardless of their duty status—to claim independent student status when applying for federal financial aid. Currently, active duty service members and veterans of the Armed Forces may claim such independent student status.
Keep Huawei on the Entity List Act This bill continues export controls on Huawei Technologies Co. Ltd., and it requires the Department of Commerce to designate Honor Device Co. Ltd. for inclusion on the list of entities subject to certain license requirements for exports. The bill prohibits Commerce from removing Huawei (or its subsidiaries or affiliates) from the entity list unless Commerce certifies that Huawei (1) has not engaged in activities that are contrary to U.S. national security or foreign policy interests and is unlikely to do so in the future; and (2) is not owned, controlled, or influenced by the Communist Party of China. Commerce must submit a monthly report identifying and describing all license applications to export, reexport, or transfer (in-country) certain items to Huawei or Honor, as well as whether those applications were approved or denied.
Jim Ramstad Legacy of Recovery Act This bill allows states to receive federal Medicaid payment for psychiatric and substance-use disorder services provided in institutions for mental diseases (IMDs) to patients who are enrolled with a Medicaid managed care organization (MCO) or in a prepaid inpatient health plan (PIHP). Current law generally prohibits federal payment under Medicaid for services provided in IMDs for individuals under the age of 65. However, states may receive federal Medicaid payment for monthly capitation payments to MCOs and PIHPs for services provided in IMDs to enrollees aged 21 to 64. Such services must be provided for no longer than 15 days per month and in lieu of other services covered under the state Medicaid program.
Prevent Outages With Energy Resilient Options Nationwide Act or the POWER ON Act This bill revises requirements governing the designation of a national interest electric transmission corridor. Currently, the Department of Energy (DOE) may designate any geographic area experiencing electric energy transmission capacity constraints or congestion that adversely affects consumers. The bill expands the list of considerations DOE may use to select and designate a corridor. Specifically, DOE may consider whether the designation would (1) enhance the ability of facilities that generate or transmit renewable energy, low-emission energy, or emission-free energy to connect to the electric grid; (2) promote electrification of other sectors, including the transportation sector; or (3) facilitate other public policies to decarbonize the grid. DOE may also consider whether the designation maximizes existing rights-of-way, avoids sensitive environmental areas and cultural heritage sites, and would lower the cost of electricity for consumers. The bill also revises the authority (i.e., backstop authority) of the Federal Energy Regulatory Commission (FERC) to issue a permit for interstate transmission projects in such corridors when states and local governments fail to do so, including by specifying the timing for when FERC may issue such permits. In addition, the bill requires permit holders to make good faith efforts to engage landowners and other stakeholders early before exercising the right of eminent domain to purchase property needed to complete permit projects. Finally, the bill requires DOE to provide technical assistance to regional transmission siting agencies.
Open Back Better Act of 2021 This bill directs the Department of Energy (DOE) to provide grants to federal and state agencies and tribal organizations to implement building projects that increase resiliency, energy efficiency, renewable energy, and grid integration. It also provides grants for projects that may have combined heat and power and energy storage as project components. States must use at least 40% of grant funds to implement projects in environmental justice communities or low-income communities that have been adversely impacted by the COVID-19 (i.e., coronavirus disease 2019) pandemic.
Sand Acquisition, Nourishment, and Development Act or the SAND Act This bill allows the Department of the Army to acquire fill material for beach erosion and nourishment purposes from non-domestic sources even if such materials are available from domestic sources.
