American Innovation and R&D Competitiveness Act of 2023 This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
Maddy summaryHR 2726, the Small Business Payment for Performance Act of 2023, requires U.S. government agencies to provide small businesses with interim partial payments when they unilaterally change construction contract terms. Specifically, it mandates that agencies pay at least 50% of the estimated additional costs requested by small businesses within the timeframe specified by the contract. The bill also requires small businesses to pass these interim payments to first-tier subcontractors and any lower-tier subcontractors who incurred increased costs due to the contract change. This law applies directly to small business concerns awarded federal construction contracts and takes effect by October 1, 2025, or the start of the next full fiscal year after enactment.
Maddy summaryHR 2665 delays Medicaid payment reductions for safety net hospitals by two years, changing the effective date from 2024 to 2026 under Section 1923(f)(7)(A) of the Social Security Act. This bill directly affects hospitals that serve high numbers of low-income and uninsured patients, providing them with additional time before facing reduced federal Medicaid payments. The key mechanism is a technical amendment to existing law, postponing an already scheduled payment adjustment without altering funding levels or eligibility. As a procedural bill, it does not create new programs or change hospital requirements.
Maddy summaryThe Unlocking Capital for Small Businesses Act of 2023 simplifies capital-raising for small businesses by creating federal exemptions for private placement brokers and finders. These intermediaries help small businesses connect with investors but face costly registration rules under current law. The bill exempts them from full broker registration requirements, mandates clear disclosures about compensation and conflicts of interest, and prevents states from imposing stricter rules than federal standards. This directly affects small businesses seeking funding and the brokers who assist them by reducing regulatory barriers and costs.
This resolution recognizes law enforcement agencies and officers for their tireless work to protect us and make our communities safer. It also condemns calls to defund, disband, dismantle, or abolish the police.
Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.
Resident Physician Shortage Reduction Act of 2023 This bill increases the number of residency positions eligible for graduate medical education payments under Medicare for qualifying hospitals, including hospitals in rural areas and health professional shortage areas. Current law provides for an increase of up to 200 positions per fiscal year beginning in FY2023, with a total increase of 1,000 positions; each hospital may receive up to 25 additional positions. Current law also provides for an additional increase of up to 200 positions for FY2026, with at least 100 of these positions for psychiatry or related specialties; each hospital may receive up to 10 additional positions. The bill provides for an additional increase of 2,000 positions per fiscal year from FY2025-FY2031; during this period, each hospital may receive up to 75 additional positions in total under the bill and current law. Additionally, one-third of the positions that are made available under the bill must be allocated to hospitals that are already operating above applicable resident limits. The bill also requires the Government Accountability Office to report on strategies to increase the diversity of the health professional workforce, including with respect to representation from rural, low-income, and minority communities.
Maddy summaryHRES 277 is a non-binding resolution passed by the U.S. House of Representatives in April 2023 that urges the United States Postal Service (USPS) to restore mail delivery standards in effect as of July 1, 2012. It specifically calls for ending the 2015 service cuts that eliminated overnight first-class mail delivery and delayed other mail types, which the resolution states harmed businesses, rural communities, and the economy. The resolution cites the Postal Regulatory Commission’s finding that USPS could achieve cost savings without degrading service, emphasizing that returning to 2012 standards would improve delivery reliability without worsening USPS finances. As a resolution, it does not mandate action but expresses the House’s policy preference.
Maddy summaryThe Renewable Natural Gas Incentive Act of 2023 creates a $1.00 federal tax credit per gallon for renewable natural gas (RNG) used as fuel in vehicles, boats, or aircraft. This credit applies to producers and users of RNG derived from biomass, requiring producers to register with the IRS and provide certification for each sale. Blended RNG (mixed with regular natural gas) can qualify only if accompanied by a prior contract specifying the RNG amount and producer certification. The credit expires December 31, 2033, and does not apply to RNG produced or used outside the United States.
Maddy summaryThis bill expands educational benefits eligibility for military members discharged under specific conditions related to COVID-19 vaccines. It amends two key programs (All-Volunteer Force and Post-9/11 GI Bill) to include service members receiving a "general discharge under honorable conditions on the sole basis" of refusing a lawful vaccine order. This change ensures those discharged solely for vaccine refusal - when the order was lawful - retain access to educational assistance they would otherwise qualify for with other honorable discharges. The bill directly affects active-duty service members who were discharged for vaccine non-compliance, not for other misconduct.
