This resolution supports the preservation of the stepped-up basis tax rule that allows recipients of inherited assets such as land, equipment, or buildings to adjust the cost basis of the assets to reflect their fair market value. The resolution opposes any efforts to impose new taxes on family farms or small businesses and recognizes the importance of generational transfers of farm and family-owned businesses.
Rep. Troy Balderson
Sponsored bills
Maddy summaryHR 1141, the Natural Gas Tax Repeal Act, repeals a specific provision (Section 136) of the Clean Air Act that established an incentive program for reducing methane emissions and waste in natural gas systems. This bill directly affects natural gas producers and operators who previously participated in or were subject to the methane emissions reduction program. The key mechanism is the removal of this incentive program, eliminating federal requirements and financial incentives related to methane waste reduction for the natural gas industry. The bill also rescinds unobligated funds allocated for this program. This is a policy change removing a regulatory incentive, not a tax repeal.
Maddy summaryHR 1058 streamlines approval for new cross-border energy infrastructure projects in the U.S., directly affecting energy companies seeking to build oil/gas pipelines or electricity transmission lines across U.S. borders with Canada or Mexico. It replaces Presidential permits with a new "certificate of crossing" process managed by FERC (for pipelines) or the Department of Energy (for electricity), requiring decisions within 120 days unless the project lacks public interest. The bill also mandates that natural gas import/export applications be approved within 30 days and repeals a requirement for Federal Power Act approval for electricity projects. Existing facilities and projects with pending permits as of the bill's enactment are exempt from these new rules.
Maddy summaryThis bill (HR 1085, the REFINER Act) requires the U.S. Secretary of Energy to direct the National Petroleum Council to produce a report within 90 days of enactment. The report must examine U.S. petrochemical refineries' role in energy security, analyze their capacity and expansion opportunities, assess risks to these facilities, and evaluate federal or state policies that may have reduced refinery capacity. It also mandates recommendations for increasing refinery capacity and requires the report to be made publicly available. The bill does not change existing laws or regulations but directs a formal review of refinery operations and policy impacts affecting the sector.
Maddy summaryH.J. Res. 26 is a congressional disapproval resolution blocking the District of Columbia Council's approval of its Revised Criminal Code Act of 2022 (D.C. Act 24-789). It directly affects the District of Columbia by preventing the new criminal code from taking effect, as Congress disapproved the Council's action under the Home Rule Act. The resolution formally rejects the Council's enactment of the code, which was transmitted to Congress on January 27, 2023. This procedural action stops the District from implementing the revised criminal code without further congressional action.
Maddy summaryThe DAIRY PRIDE Act would require food products using dairy-related terms (like "milk," "yogurt," or "cheese") to meet the FDA's definition of dairy - derived from animal milk - to prevent misleading labeling of plant-based alternatives. It directly affects producers of plant-based products currently marketed with dairy terms, such as almond or oat milk, which often lack comparable nutrition. The bill mandates the FDA issue enforcement guidance within 180 days and report to Congress on actions taken after two years. This policy change aims to align product names with the FDA's existing definition of dairy products under federal law.
Maddy summaryThis bill authorizes a Congressional Gold Medal to honor the "Hello Girls" - female telephone operators who served in the Army Signal Corps during World War I. They provided critical battlefield communications in France (connecting 26 million calls), wore military uniforms, and faced combat risks, but were denied veteran benefits for 60 years due to being classified as civilian contractors. The medal recognizes their pioneering service, devotion, and the decades-long struggle to gain military recognition. The award follows similar recognition for other WWII women veterans and aims to correct the historical injustice they faced.
Amplifying Processing of Livestock in the United States Act or the A-PLUS Act This bill directs the Department of Agriculture to revise its regulations to allow livestock market agencies (e.g., auction market owners) to hold an ownership interest in, finance, or participate in the management or operation of a meat packer with a cumulative slaughter capacity of (1) less than 2,000 animals per day or 700,000 animals per year for cattle and sheep, and (2) less than 10,000 animals per day or 3 million animals per year for hogs.
Maddy summaryHR 742, the TELL Act, requires U.S.-based websites and mobile apps that store user data in China to clearly inform users that their data is stored there and whether the Chinese government or state entities have access to it. The bill mandates two specific disclosures in plain language at the point of use, aiming to increase transparency about data handling. Violations would be treated as deceptive practices under the Federal Trade Commission Act, allowing the FTC to enforce the law using existing authority. This directly affects companies operating in the U.S. that store user data in China, giving users clearer information about data location and access.
Maddy summaryThis bill expands the use of 529 college savings accounts to cover career training and credentialing costs. It allows funds to pay for tuition, fees, books, and testing expenses related to recognized postsecondary credential programs (like vocational certifications) that meet specific standards under the Workforce Innovation and Opportunity Act. The change directly affects workers seeking industry-recognized credentials - such as nursing certifications or IT certifications - instead of traditional degrees. It treats these expenses the same as traditional college costs for 529 account withdrawals, making it easier to save for career-focused training. The provision applies to expenses paid after the bill's enactment date.