This bill increases the annual limit on the tax credit for qualified railroad track maintenance expenses (also referred to as the short line railroad tax credit) and expands eligibility for claiming the credit. Under current law, the tax credit is limited each tax year to $3,500 multiplied by the sum of the number of miles of railroad track owned or leased by the taxpayer (miles owned or leased) and the number of railroad track miles assigned to the taxpayer by a Class II or III railroad (miles assigned). This bill increases the annual limit to $6,100 multiplied by the sum of miles owned or leased and miles assigned. The $6,100 amount used in the calculation of the tax credit limit is adjusted for inflation for tax years beginning after 2025. The bill also expands eligibility for the tax credit to include gross expenses for maintaining railroad tracks owned or leased as of January 1, 2024. Under current law, the tax credit is limited to gross expenses for maintaining railroad tracks owned or leased as of January 1, 2015.
Rep. Darren Soto
Sponsored bills
Maddy summaryHR 470, the Red Snapper Act of 2025, blocks the U.S. Secretary of Commerce from implementing area or bottom closures in the South Atlantic for snapper-grouper fisheries until two conditions are met: the completion of the South Atlantic Great Red Snapper Count survey and integration of its data into the next official stock assessment. This directly affects recreational and commercial fishermen in the South Atlantic region, particularly in Florida, where red snapper fishing supports significant economic activity ($14 billion annually). The bill aims to delay management changes pending new scientific data to avoid potential economic harm during a period of record fish stock abundance. It does not alter fishing seasons or quotas but specifically targets the timing of area closure decisions.
Maddy summaryThis bill prohibits discrimination based on gender identity, sexual orientation, or sex characteristics in military service. It requires that eligibility for military service and all personnel policies consider only an individual's ability to meet job-specific military standards, banning the use of race, color, national origin, religion, or gender-related factors. The law directly affects all current and prospective members of the Armed Forces by mandating that military occupational standards apply equally to everyone. It amends Title 10 of the U.S. Code to establish these protections as a formal requirement for all military personnel policies.
Maddy summaryHR 507, the Veterans Member Business Loan Act, amends the Federal Credit Union Act to explicitly include loans made to veterans as qualifying "member business loans" under credit unions. This change directly affects veterans seeking business financing through federal credit unions, allowing them to access these loans under the same framework as other small business borrowers. The key mechanism is adding a new definition category ("made to a veteran") to the existing eligibility criteria for business loans, using the standard military definition of "veteran" from Title 38, U.S. Code. The bill does not create new funding or programs but expands existing credit union lending options to include veterans. This definition change takes effect six months after the bill's enactment.
Maddy summaryHR 486, the Young Americans Financial Literacy Act, authorizes $27.5 million to $55 million annually through 2029 to fund competitive grants for centers of excellence focused on financial literacy education for individuals aged 8-24. These centers, established by eligible institutions like schools, nonprofits, or financial organizations, must develop research-based programs covering budgeting, debt management, student loan guidance, and avoiding pitfalls like predatory lending. The bill specifically requires programs to address at-risk populations, include evidence-based teaching methods, and serve groups such as high school graduates, college students, young families, and military personnel. It mandates annual reporting to Congress on grant recipients and the populations they serve, with funding ending in 2029.
Maddy summaryHR 433, the Department of Education Protection Act, prohibits the use of federal funds to reorganize the Department of Education. Specifically, it blocks any spending from current fiscal year appropriations on activities that would decentralize the department, reduce staffing, or alter its structure, responsibilities, or authority relative to its organization as of January 1, 2025. The bill directly affects the Department of Education by preventing structural changes to its existing offices and operations. This is a procedural measure focused solely on preserving the current departmental framework, not on changing education policy or funding.
Maddy summaryHR 307, the ARC Act of 2025, aims to reduce avoidable amputations by expanding access to peripheral artery disease (PAD) screening and prevention. It requires Medicare and Medicaid to cover PAD screening tests (like ankle-brachial index tests) without cost-sharing for at-risk beneficiaries, including seniors, diabetics, and those with other vascular risk factors. The bill also establishes a federal education program to raise awareness about PAD and creates quality measures to incentivize hospitals to prioritize non-amputation treatments through early detection. These provisions directly affect millions of Americans, particularly minorities disproportionately impacted by PAD-related amputations, by making preventive care more accessible and integrated into routine care.
Sea Turtle Rescue Assistance and Rehabilitation Act of 2025 This bill expands the John H. Prescott Marine Mammal Rescue and Response Grant Program to include separate grants to rescue sea turtles for the next seven years. The grants must be used for the recovery, care, or treatment of sick, injured, or entangled sea turtles; responses to rescue stranded sea turtles; the collection of data and samples from living or dead stranded sea turtles for scientific research or health assessments; facility operating costs that are directly related to activities to assist sea turtles; or development of stranding network capacity where facilities do not exist or are sparse. In addition, the bill establishes the Sea Turtle Rescue, Rehabilitation, and Rapid Response Fund.
Maddy summaryThe Proxy Voting for New Parents Resolution (HRES 23) would allow U.S. House Members who have given birth or whose spouse has given birth to appoint another Member as a proxy to cast their vote or record their presence in the House and committees for up to 12 weeks after childbirth. To use this, the new parent must submit a signed letter to the Clerk detailing the birth or medical condition and naming the proxy; the proxy must vote exactly as instructed and announce the vote as "by proxy." The proxy vote does not count toward quorum, and the new parent can revoke the proxy at any time by submitting a new letter or casting their own vote. This resolution applies to all House Members, including Delegates and the Resident Commissioner, though they cannot cast votes for the House itself.
This resolution honors the life, achievements, legacy, and distinguished public service of former President Jimmy Carter. The resolution also (1) acknowledges President Carter's contributions to the state of Georgia, the United States, and the world; and (2) establishes his legacy as one of the great leaders and statesmen of the United States.