Catastrophic Risk Transfer Act of 2023 or the CART Act of 2023 This bill establishes a system for the taxation of catastrophic risk transfer companies and their security holders to ensure sufficient capital to cover catastrophic insurance losses. The bill defines catastrophic risk as a risk of loss that has a low likelihood of occurring but that would be large in amount. The bill defines catastrophic risk transfer company as any domestic corporation created and regulated under state law with the purpose of entering into one or more insurance or reinsurance agreements covering catastrophic risk.
Rep. Bradley Scott Schneider
Sponsored bills
Maddy summaryThe Postal Police Reform Act of 2023 updates federal law to explicitly include "Postal Service police officers" alongside Postal Inspectors as authorized personnel for enforcing regulations on U.S. Postal Service property. It clarifies that the Postmaster General can establish and post rules for protecting postal property, with violations punishable by fines or up to 30 days in jail. This change directly affects USPS police officers (by formalizing their role), the Postmaster General (by expanding regulatory authority), and anyone on postal property who must follow posted rules. The bill makes existing enforcement procedures more explicit without altering penalties or creating new requirements.
Maddy summaryThis bill protects living organ donors from insurance discrimination by prohibiting life, disability, and long-term care insurers from denying coverage, raising premiums, or altering policy terms solely because someone donated an organ while alive. It also updates the Family and Medical Leave Act to include recovery from organ donation surgery as a qualifying health condition, allowing donors to take protected leave for this purpose. Additionally, the bill requires the Health and Human Services Secretary to update public educational materials about living donation benefits, risks, and insurance protections within six months of enactment. These changes directly affect living organ donors, insurers, employers, and healthcare systems by ensuring fair access to insurance and workplace leave.
Maddy summaryHR 2955, the Stop Institutional Child Abuse Act, establishes a Federal Work Group to improve data collection and best practices for youth in residential programs (like therapeutic schools, treatment centers, and group homes). The Work Group, composed of federal agency representatives and diverse stakeholders, must develop national data standards, create risk assessment tools, and issue biennial reports with recommendations to enhance safety, reduce restraints, and expand community-based alternatives. It directly affects youth with mental health, substance use, or disability needs placed in these facilities, as well as agencies overseeing them. The bill also mandates a National Academies study to examine funding, oversight, and barriers to community care. These mechanisms aim to standardize data tracking and promote less restrictive, trauma-informed care for youth in residential programs.
Bruce's Law This bill reauthorizes certain grants through FY2028 and sets out other activities to address the dangers of fentanyl-related drug overdoses, with a particular focus on drug contamination with fentanyl or other synthetic opioids. Specifically, the bill (1) reauthorizes grants that are available through the White House Office of National Drug Control Policy (ONDCP) for community-based coalitions to address local drug crises, and (2) authorizes new grants for coalitions to implement education and prevention strategies in communities that face significant levels of drug overdoses related to fentanyl and other synthetic opioids. The ONDCP may delegate authority to execute the new grants to the Centers for Disease Control and Prevention. Additionally, the Department of Health and Human Services (HHS) must carry out a campaign to increase public awareness of the dangers of fentanyl, including the risk of contamination of counterfeit drugs with fentanyl or other synthetic drugs. The bill also establishes an interagency work group to coordinate and improve federal efforts to reduce and prevent drug overdoses involving contamination with fentanyl or other synthetic opioids. Work group members include the ONDCP, HHS, the Department of Justice, and the Department of State.
Maddy summaryThis bill authorizes $350 million annually for fiscal years 2024-2026 to establish the "Baltic Security Initiative," a U.S. defense program focused on strengthening security cooperation with Estonia, Latvia, and Lithuania (the "Baltic countries"). It requires the Secretary of Defense to develop a strategy within one year to enhance military capabilities like missile defense, cyber resilience, long-range weapons, and coordination with NATO allies - including Poland - to deter Russian aggression and address security threats from Russia and China. The initiative operates under existing U.S. defense authorities (Title 10, U.S. Code) and mandates a report to Congress detailing how these security objectives will be achieved. The bill directly affects U.S. defense funding and the security planning of the three Baltic nations.
Performing Artist Tax Parity Act of 2023 This bill modifies the above-the-line tax deduction for the expenses of performing artists (including commissions paid to managers or agents) to provide for a phaseout of such deduction for taxpayers whose adjusted gross income exceeds $100,000 ($200,000 for joint return filers). The $100,000 phaseout threshold is adjusted for inflation annually for taxable years beginning after 2023.
Raise the Age Act of 2023 This bill establishes new restrictions on the sale or transfer of certain semiautomatic firearms to individuals under 21 years of age. Specifically, this bill makes it unlawful for a licensed gun dealer, importer, manufacturer, or collector to sell or deliver a semiautomatic center-fire rifle or semiautomatic center-fire shotgun that has (or has the capacity to accept) an ammunition feeding device with a capacity of more than five rounds to an individual who the licensee knows or has reasonable cause to believe is under age 21. The prohibition does not apply if the individual under age 21 is a full-time law enforcement officer or active-duty member of the Armed Forces. The bill also requires the Federal Bureau of Investigation to report on the operation of its public access line, including a description of information sharing protocols and recommendations for improving such protocols.
Maddy summaryHR 2370, the Access to AEDs Act, authorizes $25 million in federal funding (2024-2028) to help public elementary and secondary schools improve access to automated external defibrillators (AEDs) and CPR training. The bill directs the Secretary of Health and Human Services to award grants to school districts and partners for developing AED programs, training staff and students, purchasing and maintaining AEDs, and creating cardiac emergency response plans. It specifically targets schools to address sudden cardiac arrest (SCA), which is a leading cause of death among student athletes and youth, with 90% of SCA victims dying without immediate CPR and defibrillation. The law requires grantees to report on their activities and establishes a clearinghouse to collect data on school AED access and costs.
Maddy summaryHRES 311 is a non-binding House resolution encouraging the expansion of the Abraham Accords to promote normalization of relations between Israel and additional countries. It urges the U.S. government to support these agreements while ensuring tangible security and economic benefits for citizens in participating nations. The resolution expresses support for U.S.-Israel security cooperation and existing financial commitments under the U.S.-Israel Memorandum of Understanding. As a symbolic measure, it does not create new legal requirements but formally advocates for deeper regional diplomatic engagement.