Maddy summaryThis bill requires the Treasury Secretary to report quarterly on foreign countries imposing "extraterritorial" or "discriminatory" taxes targeting U.S. businesses. It mandates progressively higher tax rates (starting at 5% and increasing to 20% over time) on income and payments from foreign individuals and corporations in those countries. The U.S. government can also restrict federal procurement from such entities and consider these taxes in trade negotiations. These measures directly affect foreign businesses operating in the U.S. or conducting transactions with U.S. entities. The policy aims to counter foreign tax policies that the U.S. views as unfair under international tax norms.
Rep. W. Gregory Steube
Sponsored bills
Maddy summaryThis resolution, introduced by Rep. Marjorie Taylor Greene, proposes impeaching Attorney General Merrick Garland based on allegations of politicizing the justice system. It claims Garland failed to impartially enforce laws, targeted parents and religious groups, and pursued politically motivated prosecutions (like against former President Trump) while ignoring alleged misconduct by the Biden administration. As a procedural resolution, it has been referred to the Judiciary Committee but has not advanced to a vote or Senate trial. It does not enact any policy changes - it is solely a formal accusation seeking removal from office.
Maddy summaryHRES 406 is a resolution introduced by Representative Marjorie Taylor Greene (R-GA) on May 16, 2023, seeking to impeach FBI Director Christopher Wray. It alleges Wray "facilitated the development of a Federal police force" to target individuals opposing the Biden administration, citing specific FBI actions like the August 2022 raid on Donald Trump’s home and claims of surveillance targeting pro-life advocates and Catholic groups. The resolution frames these as violations of Wray’s constitutional oath, arguing he has undermined democratic principles by enabling political persecution. As a procedural resolution (not a law), it does not change policy but formally accuses Wray of misconduct for potential Senate trial. The resolution remains pending before the House Judiciary Committee.
Maddy summaryHR 3612, the "No ESG at TSP Act," prohibits the Thrift Savings Plan (TSP) - the federal retirement plan for government employees - from offering investment funds that use environmental, social, or governance (ESG) criteria in their investment decisions. It specifically bans mutual funds, ETFs, or other vehicles marketed with ESG criteria (such as climate policies, diversity metrics, or gun industry focus) from the TSP's "mutual fund window." The bill requires the TSP Board to remove existing ESG-linked funds within 90 days, notify participants about switching to non-ESG options, and automatically move unselected funds to a government securities fund. This directly affects federal employees and retirees who use the TSP for retirement savings.
Simplify Automatic Filing Extensions Act or the SAFE Act This bill eliminates the penalty for failure to pay income tax for individual taxpayers who timely pay 125% of their income tax liability for the immediately preceding taxable year.
Maddy summaryHCONRES 46, the "Fiscal State of the Nation Resolution," requires the House and Senate Budget Committees to hold an annual joint hearing within 45 days of the Treasury's submission of the federal government's audited financial statement. At this hearing, the Comptroller General will present an objective, nonpartisan analysis of the government's financial condition, including deficits, surpluses, and long-term fiscal projections, as required by the Government Accountability Office's standards. The hearing must be open to the public and allow all members of Congress to participate, regardless of committee membership. This resolution ensures Congress receives regular, factual reviews of federal finances without political bias.
Maddy summaryHR 3541, the Accounting STEM Pursuit Act of 2023, amends the Elementary and Secondary Education Act to include accounting education in school curricula. It requires schools to offer accounting career awareness and programs, particularly to students from groups underrepresented in accounting careers. The bill positions accounting as a STEM field and aims to expand student exposure to accounting through grade 12 courses. This change directly affects K-12 students and schools by integrating accounting into educational opportunities to diversify the future accounting workforce.
Maddy summaryHR 3492, the Gun Owner Registration Information Protection Act, prohibits federal agencies from funding or supporting state databases that track lawfully owned firearms or their owners. This directly affects states maintaining such databases, requiring them to cover costs themselves if they choose to keep these systems operational. The bill allows federal funding for databases tracking lost or stolen firearms, as specified in the exception. The key policy change is blocking federal financial support for databases compiling information on legal gun ownership, without banning the databases outright.
Mandating the Abolition of a Threat to Consumer Happiness Act or the MATCH Act This bill implements a hiring freeze at the Consumer Financial Protection Bureau. Further, new positions may not be established and employees and officers may not be assigned new duties or transferred to other duty stations.
Maddy summaryThis bill allows current federal law enforcement officers to purchase retired handguns from their agency within six months of the weapon being declared surplus. Officers must be in good standing with their agency and buy the handgun at its fair market value, considering the weapon's age and condition. The program requires the General Services Administrator to establish the purchasing system within one year of the bill's enactment. It directly affects active federal law enforcement officers who are retiring or leaving service and wish to retain their issued firearms.