The American Reserve Modernization Act of 2026 directs the U.S. Treasury to create two new accounts: a Strategic Bitcoin Reserve for Bitcoin acquired through government forfeiture and a Digital Asset Stockpile for other digital assets. The bill mandates that all Bitcoin held in the reserve be kept for at least 20 years, with strict rules against selling or disposing of these assets during that time. It also establishes a transparency system requiring quarterly public reports and third-party audits to verify the government's holdings and management of these digital assets.
This bill authorizes the construction of the Dry-Redwater Regional Water Authority System to provide water for municipal, rural, and industrial use in five Montana counties and one North Dakota county. It allows the federal government to fund up to 75% of the project's planning, design, and construction costs, with the federal share covering facilities like water storage, treatment, and transmission pipelines. The legislation also enables the water system to receive electricity from the Pick-Sloan Program at a firm power rate, provided the system operates on a not-for-profit basis. Finally, the bill authorizes $602 million in federal funding for the project between fiscal years 2027 and 2037, with provisions to adjust the amount based on construction cost fluctuations.
The Ending Predator Access to Union Power Act prohibits individuals convicted of certain sex offenses against minors from holding office in labor unions. This change expands the list of disqualifying crimes under the Labor-Management Reporting and Disclosure Act of 1959 to include these specific offenses. The bill takes effect 30 days after it is signed into law.
This concurrent resolution directs the President to withdraw U.S. military forces from hostilities with Iran. It invokes Section 5(c) of the War Powers Resolution, which allows Congress to end ongoing military engagements. The bill permits keeping troops only if they are needed to defend the U.S. or its allies from an immediate attack, provided the President follows specific reporting rules. All other forces must be removed unless Congress has passed a formal declaration of war or a specific authorization for using military force against Iran.
HR 8278, the "Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act," requires several federal financial regulatory agencies to assess their technological capabilities and procurement practices. These agencies, including the Federal Reserve, FDIC, and CFPB, must evaluate how their current technology impacts their ability to supervise financial institutions in real-time and identify opportunities to streamline how they acquire new systems. The bill mandates that these agencies then jointly submit a report to Congress every five years. This report will detail their technology use, procurement processes, workforce capabilities, and plans for future tech upgrades to enhance financial system oversight.
This bill, known as the SAT Streamlining Act, requires the Federal Communications Commission to process certain satellite and telecommunications licensing applications within specific timeframes, such as one year for new applications and 90 days for minor modifications. It directly affects companies and entities seeking to operate nongeostationary orbit and geostationary orbit space stations, along with their associated earth stations, by establishing clearer rules for how quickly the FCC must review and decide on these requests. The legislation also limits the amount of information applicants must provide to the FCC, prevents states from regulating rates for these services, and includes provisions for emergency situations and national security reviews. Additionally, if the FCC fails to decide on an application within the mandated deadline, the application is automatically considered approved.
The SECURE Grid Act requires states to include local distribution systems, which are electric utility infrastructure operating at 100 kilovolts or less, in their state energy security plans. This bill expands the scope of state plans to address physical threats like weather and attacks on local distribution systems, as well as cybersecurity risks and supply chain vulnerabilities for electricity equipment. States must also provide risk mitigation approaches to enhance reliability and resilience, and the act mandates a Government Accountability Office report by September 2030 to evaluate how these plans have improved risk management and recovery capabilities. The provisions expire on September 30, 2031, and require states to submit their plans without needing approval from the Secretary of Energy.
This bill, known as the Geo POWER Act, creates a new government program to fund geothermal energy projects in areas where such power has not been previously generated. It directs the Department of Energy to provide milestone-based financing to projects in low-permeability rock formations and regions with limited geothermal activity, including areas on or near Indian lands. The program requires projects to achieve specific technical and financial goals to receive funding, with a minimum of three projects awarded across at least three different states. Each funded project must have the potential to generate at least 30 megawatts of electricity or advance innovative drilling technologies that could enable larger-scale commercial geothermal power.
The Save Our Sequoias Act establishes a comprehensive framework to protect giant sequoias on federal lands in California by creating a shared stewardship agreement between federal agencies, the State of California, and the Tule River Indian Tribe. The bill requires the formation of a Giant Sequoia Lands Coalition to conduct health assessments, coordinate emergency responses, and develop reforestation strategies, with annual reporting to Congress. Key provisions include an emergency response authority that allows for hazardous fuels reduction and tree removal without full environmental reviews for projects under 2,000 acres within groves, along with funding mechanisms for grants and a new emergency protection fund supported by philanthropic donations.
The Stop Pills That Kill Act targets counterfeit pills containing fentanyl or methamphetamine that are sold under the branding of legitimate prescription medications. It expands federal criminal penalties to specifically include these counterfeit substances and requires the Drug Enforcement Administration to create a comprehensive plan within 180 days to improve law enforcement investigations and public education efforts. The bill also mandates annual reports to Congress detailing seizure data, prosecution statistics, and prevention measures related to counterfeit pills. These provisions aim to enhance federal response to the distribution of fake prescription pills while maintaining existing legal frameworks.
The Nitrous Oxide Safety Act of 2026 would classify consumer products containing nitrous oxide as banned hazardous items under federal law, except for specific exceptions. The bill prohibits the sale of nitrous oxide products for recreational use while allowing continued sales for medical and dental treatments, food production in commercial kitchens, research and development activities, and food propellant applications. This legislation directly affects manufacturers, retailers, and consumers by restricting access to nitrous oxide in consumer products after 180 days from enactment. The law defines nitrous oxide as the gas known as laughing gas or whippits and specifies which entities and activities are exempt from the ban.
This bill establishes the America's Living Library Project, a pilot program within the Department of the Interior to collect and analyze genomic data from species found in National Park System units. The program will create a publicly available genomic database while protecting sensitive location information and requires coordination with multiple federal agencies including the National Park Service, Smithsonian Institution, and Department of Agriculture. It authorizes funding through fiscal year 2031 to support genome sequencing, sample storage, and data management, with initial implementation at five selected parks and potential expansion to twenty additional units within two years. The bill also mandates tribal consultation, establishes cybersecurity safeguards for genomic data, and includes provisions for long-term sample storage in U.S. facilities only.
