Rep. Kevin Hern

No Sanctions Relief for Terrorists Act This bill prohibits granting a waiver or license to conduct transactions with certain Iranian individuals and entities unless the President certifies to Congress that the individual or entity has ceased involvement in terrorism. The bill's prohibition applies to Iranian individuals and entities included on the January 20, 2021, list of specially designated nationals and blocked persons pursuant to Executive Order 13224 . (U.S. persons are usually prohibited from transacting with individuals or entities on this list, also called the SDN list, although a license or waiver can allow transactions that would otherwise be prohibited.)

Iran Human Rights and Accountability Act of 2023 This bill requires certain reports and determinations with respect to actions by Iran (and designated Iranian officials) that violate human rights. Specifically, the President must determine whether specified Iranian officials meet certain criteria for the application of sanctions based on their responsibility for, or complicity in, human rights abuses. The Department of State must report on human rights abuses in relation to protests in Iran since 2017 and determine whether certain actions by Iran, Hezbollah, and Iranian-backed militias constitute genocide or war crimes. Further, the State Department must report on the estimated net worth and known sources of income (including from corrupt or illicit activities) of Iranian Supreme Leader Ayatollah Ali Khamenei and his family members.

Maddy summaryThis bill directs the President to determine within 90 days whether to apply sanctions under existing law against the Iran Airports Company, a state-owned entity that facilitates Mahan Air's operations. Mahan Air, already sanctioned by the Treasury for supporting Iran's Revolutionary Guards and regional destabilization, uses Iran Airports Company's infrastructure for flights. The bill does not create new sanctions but requires a formal presidential assessment of whether the airport company should face penalties under Executive Order 13224, which targets entities aiding terrorism. It directly affects Iran Airports Company as the specific entity under review.

Maddy summaryThe Employee Rights Act (HR 2700) amends key labor laws to strengthen employee rights in collective bargaining and privacy. It requires employers to use secret ballot elections for selecting bargaining representatives and to provide labor organizations with voter lists containing employee names and one form of contact information (chosen by the employee) within two business days of an election. The bill prohibits employers from using employee personal information for non-organizing purposes and mandates written authorization for using union dues on non-bargaining activities, with authorizations expiring after one year. Additionally, it clarifies joint employment standards to prevent misclassification and adds tribal sovereignty protections to labor law definitions.

Closing IRGC Sanctions Loopholes Act This bill expands sanctions on those associated with Iran's Revolutionary Guard Corps (IRGC). Current law requires the President to identify foreign persons (individuals and entities) that are officials, agents, or affiliates of the IRGC and impose visa- and property-blocking sanctions on them. The bill expands this requirement to include identifying and sanctioning foreign persons that are owned or controlled by the IRGC. The President must also identify foreign persons attempting to conduct sensitive transactions or activities on behalf of such IRGC-associated persons. The bill expands the definition of sensitive transactions or activities , which are used to identify persons potentially subject to sanctions, to include transactions providing support for an act of international terrorism or providing material support to (1) a foreign terrorist organization, (2) a foreign person sanctioned under Executive Order 13224 (related to sanctioning those who commit or support terrorism), or (3) the Syrian government or its agencies or instrumentalities. Additionally, the bill lowers the threshold for financial transactions involving non-Iranian financial institutions to qualify as a sensitive transaction from $1,000,000 to $500,000 per year and adds similar transactions involving Iranian financial institutions. The bill requires the President to investigate certain categories of foreign persons to determine if they are subject to these sanctions (versus prioritizing such investigations as under current law). The bill also adds foreign persons listed in specified attachments to U.N. Security Council Resolution 2231 (concerning Iran's nuclear program) as a new category the President must investigate to determine if there are any sanctionable relationships to the IRGC.

Maddy summaryHR 2826, the Save Local Business Act, clarifies when multiple businesses can be held jointly responsible for labor laws. It amends the National Labor Relations Act and Fair Labor Standards Act to state that a business is only a joint employer if it directly controls key employment terms like hiring, pay, schedules, or discipline for another business's workers. This directly affects franchisors, contractors, and similar business models that might previously have been deemed joint employers under broader interpretations. The bill aims to limit joint employer liability to cases where one business has clear, day-to-day control over essential worker conditions.

Go Woke, Go Broke Act This bill abolishes the Advisory Committee on Racial Equity in the Department of the Treasury. The bill also prohibits Treasury from reestablishing this advisory committee or establishing any substantially similar advisory committee.

Maddy summaryHR 2788, the AIM Act, permanently extends a tax provision allowing businesses to deduct certain depreciation, amortization, or depletion costs when calculating their business interest expense limits. This change directly affects businesses that calculate business interest deductions under the Internal Revenue Code. The bill removes the previous expiration date (for taxable years beginning before January 1, 2022), making the deduction rule permanent for all future taxable years. It does not alter the underlying tax rules but ensures the specific deduction method remains available indefinitely.

Maddy summaryHR 2743 prohibits large financial institutions (over $100 billion in assets) from denying banking services to lawful businesses based on subjective political reasons, industry type, or reputational concerns. It requires these institutions to use objective, risk-based assessments for service decisions and provide written justifications for denials. The law applies to banks, credit unions, and payment networks, with civil penalties for violations including fines up to $10,000 per incident. It specifically ensures businesses operating legally under federal law receive fair access to financial services without discrimination. The bill mandates that denials be based on documented risk factors, not political bias or category-based exclusion.

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.