Resident Education Deferred Interest Act or the REDI Act This bill allows borrowers in medical or dental internships or residency programs to defer student loan payments until the completion of their programs.
Maddy summaryThis bill changes how individual investors in mutual funds (regulated investment companies) are taxed on certain dividends. It allows investors to defer paying tax on capital gain dividends that are automatically reinvested in additional fund shares through a dividend reinvestment plan. The deferred tax is recognized later when the investor sells shares or upon their death. It also establishes that shares acquired through this reinvestment are treated as held for over one year from the start, potentially qualifying for long-term capital gains rates. The rule applies only to individual investors (not estates, trusts, or dependents claimed by others).
Maddy summaryThe Infant Formula Made in America Act of 2025 creates two tax credits to incentivize domestic infant formula production. It offers a 30% investment credit for manufacturers who build or expand facilities to make U.S.-made infant formula (with a total credit cap of $750 million), plus a $2 per pound production credit for formula sold in the U.S. (capped at 18 million pounds annually). The credits are limited to manufacturers with global revenue under $750 million and require at least 50% of formula produced with the investment credit to be sold within the U.S. within one year. The bill includes recapture provisions if manufacturers fail to meet these requirements, and applies to facilities starting construction after the bill's enactment.
Maddy summaryThis bill extends current Medicare payment rates for durable medical equipment (like wheelchairs and oxygen) in non-rural areas through December 2025. It delays implementing a new payment rule for all areas until January 2026. The law directly affects Medicare beneficiaries needing equipment and the suppliers who provide it by maintaining existing reimbursement rates for an additional year. This avoids immediate payment reductions for non-rural areas while postponing the full transition to new rates.
Maddy summaryThis bill amends the Clean Air Act to update the definition of fossil fuel, explicitly including "fuel for ocean-going vessels" alongside home heating oil and jet fuel. It directly affects the shipping industry by requiring the Environmental Protection Agency (EPA) to issue regulations within one year of enactment to implement this updated definition. The key mechanism is changing the statutory definition to ensure ocean vessel fuels are covered under existing fossil fuel regulations, potentially influencing future clean fuel standards for ships. The EPA must also submit a report to Congress on implementation within one year of finalizing these regulations.
Maddy summaryHR 1942, the DELIVER Act of 2025, increases the IRS standard mileage reimbursement rate for delivering meals to vulnerable populations. It specifically raises the rate to 14 cents per mile for vehicles used to deliver meals directly to homebound elderly, disabled, frail, or at-risk individuals. This change applies to mileage expenses claimed under tax code sections 162 and 212, which cover business expenses. The bill directly affects meal delivery organizations and volunteers providing services to these at-risk groups. The amendment takes effect for miles driven after the bill's enactment date.
Maddy summaryThe LIONs Act of 2025 increases the maximum loan amounts available through two key Small Business Administration (SBA) programs. It raises the cap for standard 7(a) loans from $3.75 million to $7.5 million (with a $10 million ceiling), and doubles the maximum for development company loans from $5 million to $10 million. This bill directly affects small businesses seeking SBA financing for operations, expansion, or equipment, allowing them to access larger loans. The changes simplify access to capital by removing previous funding limits for qualifying businesses.
Maddy summaryHR 1871, the Water Conservation Rebate Tax Parity Act, changes federal tax rules to allow homeowners to exclude certain water-related rebates from taxable income. It expands the existing tax exclusion to cover rebates for water conservation measures (like efficient fixtures), storm water management (such as rain gardens), and wastewater management (like septic system upgrades), but only for the homeowner's principal residence. These rebates must come from public utilities, storm water providers, or state/local governments. The changes apply to rebates received after December 31, 2021, and do not affect tax treatment for rebates received before 2022.
Maddy summaryHR 1889, the *Cutting Red Tape on Child Care Providers Act of 2025*, prohibits states from creating regulatory barriers that restrict home-based child care providers from preparing fresh fruits and vegetables through simple methods like washing, peeling, or cutting. This directly affects home and family-based child care centers - serving roughly one-quarter of families, especially low-income, rural, and shift-work families - who face declining options due to complex food regulations. The bill amends the Child Care and Development Block Grant Act of 1990 to explicitly ban state restrictions on "simple food preparation" of minimally processed produce. It aims to reduce bureaucratic hurdles that currently make serving fresh food harder than offering pre-packaged snacks, without changing nutritional standards.
Maddy summaryThe Recruiting Families Using Data Act of 2025 requires states to develop annual "Family Partnership Plans" to improve recruitment and retention of foster and adoptive families. These plans must use data to address racial disparities, engage children and youth in placement decisions, and report on foster family capacity, unmet needs, and barriers to retention. States must also include specific data on foster/adoptive family demographics and challenges in their annual federal reports to Congress. The bill directly affects state child welfare systems and aims to increase placement stability and permanency for children in foster care by aligning family recruitment with children's needs.
