Rep. Thomas R. Suozzi

Maddy summaryHR 4717 creates a refundable tax credit of up to 10% of a home's purchase price (capped at $15,000) for first-time homebuyers purchasing a principal residence in the United States. The credit is subject to limitations based on modified adjusted gross income (phased out if income exceeds 150% of the area median income) and home price relative to area median purchase prices in the buyer's location. Homebuyers must meet age requirements (at least 18 years old), not have owned a home in the past three years, and purchase with a federally backed mortgage. The credit is subject to a four-year recapture period if the home is sold within that timeframe, and taxpayers may transfer the credit to their mortgage lender as a down payment or closing cost assistance.

Maddy summaryHR 4696 amends Section 249 of the Immigration and Nationality Act to update eligibility for a registry program that provides a pathway to legal status for long-term residents. It changes the requirement from entering the U.S. before January 1, 1972, to entering at least 7 years before the application date. This adjustment bases eligibility on a rolling 7-year window instead of a fixed historical cutoff, allowing more recent long-term residents to qualify. The bill directly affects individuals who entered the U.S. after 1972 but maintained continuous residence for at least seven years prior to applying.

Maddy summaryThe Partner with Korea Act creates a new visa category for South Korean nationals to work in specialty occupations in the U.S., with an annual cap of 15,000 visas. Employers must file an attestation with the Department of Labor, which the Secretary of Labor must certify before the visa is approved. The visa limit applies only to the principal worker and excludes spouses or children. This bill directly affects South Korean workers seeking specialty jobs and U.S. employers hiring them under this new category.

Maddy summaryThis bill creates a tax incentive for U.S. corporations to distribute company stock to employees. To qualify, corporations must have 500+ full-time U.S. employees, be U.S.-domiciled, and meet specific share distribution requirements (e.g., distributing at least 1% of shares to employees or maintaining a 5% "SHARE ratio" of shares granted). Eligible corporations receive a 3% reduction in corporate income tax and can deduct the fair market value of distributed stock. Employee stock received under these plans is excluded from taxable income, directly benefiting workers at qualifying companies while lowering tax liability for the corporations.

Resident Physician Shortage Reduction Act of 2025 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. The bill provides for an additional increase of 2,000 positions per fiscal year from FY2026-FY2032; 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 summaryHR 4710, the No Surprises Act Enforcement Act, increases penalties for health insurance plans and issuers that violate balance billing protections, which prevent surprise medical bills. The bill raises fines from $100 to $10,000 per violation for specific balance billing rule violations and adds a new penalty of three times the difference between initial payment and out-of-network rates for late payments after Independent Dispute Resolution decisions. It requires health plans and nonparticipating providers to make timely payments within 30 days of a payment determination, with interest accruing on late payments. The bill also establishes new transparency reporting requirements for the Secretary to submit regular reports to Congress about audits, enforcement actions, and penalties. These provisions directly affect health insurance issuers, group health plans, and nonparticipating healthcare providers.

Maddy summaryHR 4606, the Ally’s Act, requires private health insurance plans (including employer-sponsored plans and individual coverage) to cover hearing implants and related services. It directly affects people with hearing loss who need cochlear implants, bone conduction devices, or external sound processors, as determined by a physician or audiologist. The bill mandates coverage for devices, maintenance, repairs, upgrades every 5 years, hearing assessments, surgery, and rehabilitation - without separate cost-sharing or stricter limits than other medical services. Insurers cannot deny coverage if a provider deems the service medically necessary. The law applies to all applicable health plans and takes effect for plan years beginning January 1, 2026.

Maddy summaryThis bill establishes two grant programs to support construction and manufacturing apprenticeship colleges. It provides up to $500,000 per college for community outreach (e.g., connecting with high schools, rural businesses, and workforce boards) and student support services (e.g., academic advising, mental health resources, childcare). The grants target increasing enrollment and completion rates for underrepresented groups, including rural students, first-generation college students, and minorities. Funding of $5 million annually (2026-2030) requires colleges to report on program outcomes like retention rates and diversity metrics. The law directly affects apprenticeship colleges offering work-based training in construction and manufacturing fields.

Maddy summaryThis bill changes the terminology used in federal law regarding veterans' employment. It amends Title 38 of the U.S. Code to replace every instance of "employment handicap" with "employment barrier" and "employment handicaps" with "employment barriers." The change affects how the government describes obstacles veterans face in finding jobs within existing law. It is a purely technical update to language, not a new policy or program, and does not alter any current veteran employment benefits or requirements.

Maddy summaryHR 1522, the Federal Retirement Fairness Act, changes federal retirement rules to include temporary employees' service after January 1, 1988, in retirement benefit calculations. It directly affects temporary federal employees (including U.S. Postal Service workers) and Members of Congress who served after that date. The bill removes a previous cutoff date in retirement law, allowing their temporary service to count toward retirement eligibility. This means eligible temporary workers can now have their full service period considered when calculating retirement benefits.