Rep. Mike Flood

Maddy summaryHR 4035, the Protecting Small Business Information Act of 2023, requires the Treasury Secretary to coordinate the effective dates of all rules under the Corporate Transparency Act. It mandates that all final rules related to beneficial ownership reporting must take effect on the same date, delaying implementation until the Secretary certifies to Congress that all rules are issued and will align on a single effective date. This directly affects small businesses required to report beneficial ownership information under the Corporate Transparency Act. The bill’s key mechanism is creating a unified implementation timeline, preventing staggered rule deadlines that could complicate compliance for small entities. It does not change reporting requirements but ensures a synchronized rollout of the regulations.

Maddy summaryHR 4036, the Accountability through Confirmation Act, changes the appointment process for the Director of the Financial Crimes Enforcement Network (FinCEN). It requires the President to appoint the Director with Senate confirmation (instead of the Treasury Secretary), sets the Director's pay at Executive Schedule Level IV, and provides a transition period for the current Director until the new appointee is confirmed. This bill directly affects FinCEN leadership by shifting appointment authority to the President and Senate. The key change is the requirement for Senate confirmation of the FinCEN Director, altering the current process.

Maddy summaryThis bill directs the Secretary of Defense to add the names of 74 crew members lost when the USS Frank E. Evans sank in 1969 to the Vietnam Veterans Memorial Wall within one year of the bill's enactment. It requires consultation with other agencies to address space limitations for name placement and explicitly exempts this addition from standard commemorative memorial rules under the Commemorative Works Act. The measure directly honors the deceased crew members and affects how their names are displayed on a national memorial.

Maddy summaryHJRES 49 is a congressional disapproval resolution targeting a specific rule by the U.S. Fish and Wildlife Service that would have listed the northern long-eared bat as an endangered species under the Endangered Species Act. The rule, published in the Federal Register in November 2022 (87 Fed. Reg. 73488), would have imposed federal protections and restrictions on activities affecting the bat's habitat. This resolution, if passed, would nullify that rule, preventing the bat from receiving federal endangered species status and associated legal safeguards. It directly affects the regulatory status of the northern long-eared bat and activities regulated under the Endangered Species Act.

Maddy summaryHR 3792 extends U.S. security funding for Israel through 2028 (Section 3) and expands energy cooperation to include advanced nuclear technologies and carbon capture (Section 5). It requires annual reports on regional security partnerships involving Israel (Section 6) and ensures countries in the Abraham Accords can access U.S. development programs (Section 8). The bill also mandates reports on diplomatic efforts against ICC investigations targeting the U.S. and Israel (Section 10) and encourages people-to-people programs to strengthen the Abraham Accords (Sections 7, 9). These provisions directly affect Israel’s diplomatic engagement, security partnerships, and economic cooperation in the Middle East.

Maddy summaryHR 3036, the Increased TSP Access Act of 2023, amends conservation program rules to expand access to third-party providers (TSPs) who offer technical assistance to farmers on conservation practices. It creates new pathways for non-Federal entities like agricultural cooperatives or professional associations to certify TSPs, streamlines certification processes (requiring Secretary review within 10 business days), and sets payment rates for TSPs equivalent to government-provided technical assistance. The bill mandates public reporting on certification numbers, payment details, and a target utilization rate for TSPs to improve conservation program delivery. It directly affects farmers participating in USDA conservation programs by increasing options for technical support and requiring transparency in how TSPs are certified and compensated.

Maddy summaryThis bill amends the definition of "accredited investor" under securities law to create a new pathway for individuals to qualify. It requires the SEC to establish a free, publicly available certification exam within 180 days of enactment, testing knowledge of private investment risks and regulations. The exam would cover specific areas like types of securities, disclosure requirements, financial statements, and key risks associated with private investments (such as limited liquidity, information asymmetry, and valuation methods). Individuals passing this exam would qualify as accredited investors, directly affecting those seeking to invest in private companies or private funds without meeting traditional income/net worth thresholds. The exam must be administered by a registered securities association and designed to assess financial sophistication.

Maddy summaryThis bill requires that AM radio receivers be included as standard equipment in all new motor vehicles (such as cars and trucks) sold in the United States, with a rule to be issued by the Department of Transportation within one year. The rule must ensure AM radio is easily accessible on the dashboard and allows manufacturers to use digital AM radio technology instead of traditional AM. During the one-year period between the bill's enactment and the rule's effective date, manufacturers must clearly label vehicles without AM radio. The bill also directs a study to evaluate whether an alternative system could deliver emergency alerts as reliably as AM radio across the country, especially during crises.

This resolution recognizes the effects of loneliness and isolation on the health and well-being of all Americans and supports research to combat the effects.

Maddy summaryHR 3238, the Affordable Housing Credit Improvement Act of 2023, updates the Low-Income Housing Tax Credit (LIHTC) program to increase the availability of affordable housing across the United States. The bill makes several key changes including increasing state funding formulas, modifying tenant eligibility rules to better serve vulnerable populations (such as domestic violence victims and students), and expanding credit eligibility for projects in rural and Native American communities. Specific provisions raise the credit for properties serving extremely low-income households, clarify rules around tenant income increases, and require housing providers to protect victims of domestic violence. The bill also updates terminology from "low-income" to "affordable" throughout the tax code and enhances program transparency through data sharing requirements. These changes aim to make the LIHTC program more effective at creating and preserving affordable housing units for low-income households nationwide.