Rep. J. French Hill

Maddy summaryHR 9278 extends the deadline for small businesses to file beneficial ownership information with FinCEN. It amends U.S. Code Section 5336 to give small business concerns (as defined in the Small Business Act) until December 31, 2025, to submit required ownership details. This change applies directly to small businesses already subject to the reporting rules under the Corporate Transparency Act. The bill provides a one-year extension from the original deadline, allowing these businesses additional time to comply with the filing requirement.

Maddy summaryThe Counter SNIPER Act (HR 9282) establishes a formal process for presidential and vice-presidential candidates seeking protective details from the U.S. Secret Service. If the Secretary of Homeland Security denies a request, they must provide a written explanation within 14 days, detailing the criteria not met, and allow candidates to request reconsideration with supporting evidence. The Secretary must then issue a final written decision within 14 days of the reconsideration request. Additionally, the bill requires the Director of the U.S. Secret Service to be appointed by the President with Senate confirmation.

Freedom from Unfair Gun Taxes Act of 2024 This bill prohibits states or localities from imposing a levy or collecting an excise tax on the sale of a firearm, ammunition, or any part or component thereof, by a manufacture or retailer.

Maddy summaryHJRES 127 is a congressional disapproval resolution targeting a Securities and Exchange Commission (SEC) rule requiring public companies to standardize climate-related financial disclosures. It seeks to block the SEC’s March 2024 rule (89 Fed. Reg. 21668), which would mandate consistent reporting on climate risks for investors. If passed, this resolution would prevent the SEC rule from taking effect, directly affecting publicly traded companies required to comply with the proposed disclosure standards. The bill uses a specific congressional process under Title 5, U.S. Code, to nullify the rule without creating new regulations.

Maddy summaryHJRES 124 is a resolution seeking congressional disapproval of a rule issued by the Office of the Comptroller of the Currency (OCC) that required large financial institutions to adopt climate-related risk management practices. The rule, published in October 2023 (88 Fed. Reg. 74183), would have mandated major banks to assess and manage climate change risks in their operations. This resolution, if passed, would block the rule from taking effect by invoking the congressional disapproval process under Title 5 of the U.S. Code. It directly affects large banks and financial institutions that would have been required to comply with the climate risk management standards. The bill does not create new rules but aims to prevent the implementation of the OCC's existing proposal.

Maddy summaryHJRES 126 is a congressional disapproval resolution targeting a Federal Deposit Insurance Corporation (FDIC) rule issued in October 2023. The resolution seeks to block the FDIC's "Principles for Climate-Related Financial Risk Management for Large Financial Institutions" rule, which required major banks to assess climate risks. If passed, this resolution would nullify the rule, directly affecting large financial institutions by removing a requirement to manage climate-related financial risks. The resolution uses a procedural mechanism under federal law to halt the rule's implementation without creating new regulations.

Maddy summaryHJRES 122 is a resolution seeking to block a rule by the Consumer Financial Protection Bureau (CFPB) that would have regulated credit card penalty fees. The rule, published on March 15, 2024, aimed to limit how credit card companies charge fees for late payments or other violations. If approved, this resolution would disapprove the rule under a specific legal process, preventing it from taking effect. This directly affects credit card issuers (banks and financial institutions) by allowing them to continue current fee practices without the proposed restrictions.

Maddy summaryHRES 1395 is a non-binding House resolution expressing concern that the U.S. is being outpaced by China and Russia in nuclear energy production and global market share. It cites statistics showing China has 56 operational reactors (vs. the U.S.'s 94, including retired ones) and is actively constructing more, while the U.S. has no reactors under construction. The resolution states it is "unacceptable" that the U.S. is no longer dominant in nuclear energy and urges expanding domestic nuclear capacity and supply chains. As a symbolic resolution, it does not create new laws or funding but highlights perceived strategic competition in nuclear technology.

Maddy summaryHR 9202, the Nuclear Waste Reprocessing Act, directs the U.S. Department of Energy to create policies supporting the commercial recycling of spent nuclear fuel. It requires the Energy Secretary to work with private industry to advance reprocessing technologies, establish partnerships for research and commercialization, and collaborate with the Nuclear Regulatory Commission to align procedures. The bill mandates annual progress reports to Congress on efforts to develop this technology, aiming to address nuclear waste challenges and position the U.S. as a leader in international reprocessing. It directly affects federal agencies, nuclear energy companies, and the management of nuclear waste materials. The key change is shifting focus toward recycling nuclear fuel components rather than solely storing spent fuel as waste.

Maddy summaryThis bill requires the U.S. Energy Secretary to conduct a comprehensive evaluation of the domestic nuclear supply chain within 270 days of enactment. The evaluation must assess regulatory hurdles (like N-stamp certification for safety components), explore how advanced technologies (such as 3D printing and AI) could improve efficiency, analyze U.S.-Canada collaboration, and plan for future demand from advanced nuclear reactors. It directly affects nuclear energy companies, manufacturers, and regulators by mandating a federal review to identify supply chain bottlenecks and opportunities for modernization. The bill does not change existing regulations or funding but sets the stage for potential future policy decisions based on the evaluation’s findings.