Rep. Mike Carey

Maddy summaryHR 1435, the Preserving Choice in Vehicle Purchases Act, amends the Clean Air Act to restrict states from implementing vehicle emissions rules that limit the sale or use of new gasoline-powered cars. It directly affects states with stricter emissions standards (like California) by adding a new definition that blocks state rules "directly or indirectly" limiting internal combustion engine vehicles as defined in federal regulations as of January 1, 2023. The bill requires the EPA to revoke existing state emissions waivers granted between January 2022 and the bill’s enactment if they don’t comply with this new definition. This creates a concrete federal standard preventing states from advancing policies that could reduce demand for conventional vehicles.

Maddy summaryHR 3152, the "Fight CRIME Act," aims to maintain international restrictions on Iran's missile-related activities by requiring diplomatic efforts to extend these restrictions before they expire in October 2023. The bill mandates annual reports detailing U.S. diplomatic strategies, potential impacts of expiration, and measures to deter missile technology transfers to Iran. It establishes sanctions against foreign individuals or entities that knowingly support Iran's missile or drone programs, including asset freezes and visa restrictions. These sanctions apply regardless of whether UN restrictions remain in effect after their expiration, directly affecting foreign entities involved in these activities.

Maddy summaryHRES 668, the BUDS Resolution, amends House rules to allow bipartisan joint sponsorship of public bills and resolutions by one majority-party and one minority-party member. This change directly affects House members seeking to co-sponsor legislation with cross-party support, updating the existing rules for naming cosponsors and submitting constitutional authority statements. The key mechanism requires that for joint sponsorship, one sponsor must represent the majority party and the other the minority party, with both sponsors sharing responsibility for related procedural steps. This procedural adjustment streamlines the process for bipartisan co-sponsorship without altering legislative policy.

This bill increases from 20% to 25% the value of the total assets represented by securities of one or more taxable Real Estate Investment Trust (REIT) subsidiaries (thus restoring the REIT subsidiary asset test).

Maddy summaryThis bill requires the Bureau of Prisons to develop and implement a strategy for scanning all incoming mail at federal prisons to stop fentanyl and other synthetic drugs from entering facilities. It directs the Bureau to evaluate existing scanning technology within 180 days and submit a detailed plan to Congress within 90 days, including how to provide digital copies of mail to inmates within 24 hours and physical copies within 30 days (if safe). The strategy must achieve 100% mail scanning capacity at all federal prisons, prioritize high-security facilities, and include a budget proposal for fiscal years 2024-2026. This directly affects federal prisons, inmates, and Bureau employees by changing mail processing procedures to enhance safety and reduce staffing burdens from manual mail checks.

Maddy summaryHR 5073, titled the "Promoting Domestic Energy Production Act," is a tax code amendment affecting oil and gas companies. It changes how businesses calculate adjusted financial statement income by removing specific deductions related to intangible drilling and development costs from their financial reports. The bill requires companies to disregard depreciation and depletion expenses taken into account on their financial statements for these costs when computing taxable income. This applies to tax years beginning after December 31, 2022, directly impacting oil and gas producers who use these accounting methods. The bill does not create new energy policies but alters tax accounting rules for the industry.

Maddy summaryHR 5020 prohibits the U.S. Department of Health and Human Services (HHS) from funding or conducting animal testing research in China, Iran, North Korea, Russia, or other countries designated as "of concern" after consultation with the State and Defense Departments. It blocks federal grants, contracts, or support for such research conducted by foreign entities or facilities owned by these countries. HHS must submit detailed reports to Congress within 60 days when adding new countries to the list, explaining its reasoning.

Maddy summaryHR 4899, the Housing Financial Literacy Act of 2023, lowers mortgage insurance premiums for first-time homebuyers who complete approved financial literacy counseling. The bill requires that homebuyers finish such counseling before signing a mortgage application or sales agreement. It changes the premium structure so that eligible borrowers pay 0.25 percentage points less than the standard rate set by the Secretary. This directly affects first-time homebuyers participating in designated housing counseling programs. The policy modifies existing National Housing Act provisions to incentivize financial education prior to mortgage application.

Maddy summaryThis bill expands employee ownership in S corporations by extending tax deferral for selling company stock to employee ownership plans (ESOPs), creating a Treasury Department office to provide education and technical assistance for ESOPs, and amending small business rules to maintain eligibility for government programs after ESOP ownership exceeds 49%. It establishes a new Labor Department "Advocate for Employee Ownership" to coordinate federal efforts, educate stakeholders, and recommend policy improvements. The bill directly affects S corporations using ESOPs, their employees who become owners, and small businesses that might lose government program access due to ESOP acquisitions. Key provisions include tax incentive extensions, new support offices, and updated small business classification rules.

Maddy summaryHR 4517, the Ensuring Voluntary Actions are Compensated Act of 2023 (EVAC Act), requires the Secretary of State to create a plan within 120 days to reimburse U.S. citizens, lawful permanent residents, and eligible Afghan allies for personal expenses paid to evacuate during August 1-November 1, 2021. The plan must detail eligibility, reimbursement limits, claim processes, required documentation, and processing timelines for those who used personal funds to evacuate. It mandates consultation with the Defense Secretary and relevant NGOs/veteran groups, and includes cost estimates and a list of consulted organizations. The bill directly affects individuals and entities who covered evacuation costs during this specific period, aiming to provide financial compensation for voluntary evacuation efforts.