Rep. A. Drew Ferguson IV

Maddy summaryHR 23, the Family and Small Business Taxpayer Protection Act, rescinds unobligated funds previously allocated to the Internal Revenue Service (IRS) under the Inflation Reduction Act of 2022. Specifically, it cancels unused balances from certain IRS funding provisions (sections 10301(1)(A)(ii), (iii), (B), (2), (3), (4), and (5)) of the Inflation Reduction Act. This bill does not change tax laws or directly affect taxpayers; it only redirects unspent IRS budget authority. The provision applies solely to funds that were not obligated by the IRS as of the bill’s enactment date.

Maddy summaryHR 22, the *Protecting America’s Strategic Petroleum Reserve from China Act*, blocks the U.S. government from selling petroleum from the Strategic Petroleum Reserve to entities under Chinese Communist Party control or unless sellers guarantee the oil won’t be exported to China. It directly affects the Department of Energy’s management of the reserve and any foreign entities seeking to purchase reserve petroleum. The key mechanism requires the Secretary of Energy to prohibit sales to China-linked entities or impose strict export restrictions on any sale. This policy change aims to prevent strategic petroleum resources from reaching entities tied to China’s government.

Maddy summaryThis bill grants Michael Janssen and Steven Passantino, U.S. Customs and Border Protection officers, credit toward federal law enforcement retirement benefits for their past service. It deems their work as "series 1895 officers" to count as law enforcement service under federal retirement rules, provided they pay required deposits for that service. The bill specifically affects only these two individuals and modifies their retirement eligibility under existing law.

Maddy summaryThe Putting Investors First Act of 2023 requires proxy advisory firms (companies that provide voting recommendations to investors) to register with the Securities and Exchange Commission and disclose potential conflicts of interest. It mandates these firms to establish procedures ensuring recommendations are based on accurate information, provide public companies with reasonable time to review data used in recommendations, and maintain an ombudsman for complaint resolution. The bill also requires investment advisors and asset managers with over $100 million in assets to report how they use proxy advice and provide economic analysis for votes not aligned with board recommendations. Additionally, it prohibits "robovoting" (automatically voting based on proxy advice) and mandates ESG funds to disclose performance comparisons with standard index funds. The legislation aims to increase transparency and accountability in the proxy advisory industry to better protect investor interests.

Maddy summaryHCONRES 3 is a non-binding congressional resolution expressing support for pro-life facilities, groups, and churches targeted by vandalism and threats following the Supreme Court's Dobbs decision. It condemns specific incidents like graffiti, window-smashing, and arson at pregnancy centers and churches (e.g., in Frederick, MD, and Portland, OR), while recognizing the role of these organizations in supporting pregnant women. The resolution calls on the Biden Administration to use law enforcement to protect these facilities but does not create new laws or policies. As a symbolic measure, it has no legal effect on the incidents described.

Standardizing Thresholds Of Penalties for Fentanyl Act or the STOP Fentanyl Act This bill reduces the drug quantity thresholds that trigger a mandatory minimum prison term for a defendant who manufactures, distributes, imports, exports, or possesses with intent to distribute fentanyl. The bill also creates enhanced criminal penalties for certain violations involving fentanyl that was imported along the U.S.-Mexico border. Specifically, the bill reduces from 400 to 5 grams the fentanyl quantity and from 100 to 0.05 grams the fentanyl analogue quantity that trigger a mandatory minimum prison term for high-level first-time or repeat offenders. It also reduces from 40 to 0.5 grams the fentanyl quantity and from 10 to 0.005 grams the fentanyl analogue quantity that trigger a mandatory minimum prison term for low-level first-time or repeat offenders. Additionally, the bill creates enhanced mandatory minimum prison terms for importing or exporting fentanyl that was imported along the U.S.-Mexico border.

Maddy summaryHR 361, the "Stop Inflationary Spending Act," requires the Congressional Budget Office (CBO) to analyze how major budget bills (reconciliation legislation) impact inflation. Specifically, the CBO must provide an inflation analysis for such bills covering the fiscal year they take effect and the next four years, including the basis for each estimate. This applies to bills reported by a House committee, submitted to the Budget Committee, or directly to the Rules Committee. The bill affects Congress and the CBO by adding a new procedural requirement for budget-related legislation. It does not change spending levels but mandates a specific analysis before such bills are considered.

Maddy summaryHRES 16 is a non-binding House resolution congratulating the University of Georgia Bulldogs football team for winning the 2023 College Football Playoff National Championship. The resolution recognizes the team's undefeated 15-0 season, including a 65-7 championship victory, and requests that an enrolled copy be presented to the university's president, athletic director, and head coach. It has no legal effect or financial impact, serving solely as a symbolic gesture of recognition. The resolution was introduced by Georgia representatives and referred to the Education and Workforce Committee.

Maddy summaryHJRES 8 proposes a constitutional amendment to permanently set the Supreme Court's size at nine justices. The bill would require any future changes to the Court's composition to follow this specific number, locking in the current structure. It does not alter the existing Court size (which has been nine since 1869) but aims to prevent future adjustments through legislative action. The amendment must be ratified by three-fourths of state legislatures within seven years to take effect. This is a procedural proposal focused on constitutional structure, not a direct policy affecting citizens or programs.

Maddy summaryThis bill extends a tax credit for employer social security taxes paid on employee tips at beauty service businesses (including barbering, nail care, esthetics, and spa treatments), but only for tips customary in these services. It creates a "tip reporting safe harbor" requiring beauty businesses to implement quarterly employee training on tip reporting, monthly tip tracking, and proper tax filings to avoid IRS audits on tips. Additionally, it mandates businesses renting space to beauty service providers to report annual rental income over $600 to the IRS. These provisions directly affect beauty service establishments and landlords in this sector, applying to tax years beginning after 2022 or 2023.