Rep. Daniel Meuser

Maddy summaryThe SAFE Banking Act of 2023 would protect banks and financial institutions that provide services to state-legal marijuana businesses and hemp-related businesses by preventing federal regulators from taking adverse actions against them solely for serving these businesses. It clarifies that income from state-legal marijuana businesses can be considered for mortgage applications, and requires regulators to update guidance on suspicious activity reports related to these businesses. The bill does not require financial institutions to serve these businesses, but ensures they won't face penalties for doing so. It extends similar protections to hemp-related businesses, which have faced banking challenges despite being federally legal under the 2018 Farm Bill.

Maddy summaryThis bill protects living organ donors from insurance discrimination by prohibiting life, disability, and long-term care insurers from denying coverage, raising premiums, or altering policy terms solely because someone donated an organ while alive. It also updates the Family and Medical Leave Act to include recovery from organ donation surgery as a qualifying health condition, allowing donors to take protected leave for this purpose. Additionally, the bill requires the Health and Human Services Secretary to update public educational materials about living donation benefits, risks, and insurance protections within six months of enactment. These changes directly affect living organ donors, insurers, employers, and healthcare systems by ensuring fair access to insurance and workplace leave.

Maddy summaryHR 2895, the Time Is Up Act of 2023, sets strict deadlines for the President to act on foreign investment reviews under the Committee on Foreign Investment in the United States (CFIUS). It requires the President to announce any suspension or prohibition of a covered foreign investment deal within 15 days of the bill's enactment if more than 105 days (or 60 days for certain investigations) have passed since review began without a decision. For any announcement made before or after the bill's enactment, the President must complete the suspension or prohibition within 30 days of the announcement. This bill directly affects foreign entities seeking to invest in U.S. businesses and the federal process reviewing those deals for national security risks.

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.

Maddy summaryThe College Transparency Act requires the National Center for Education Statistics to develop a secure, privacy-protected system that collects and organizes student-level data from colleges and universities. The system will track enrollment patterns, progression, completion rates, costs, financial aid, and post-graduation outcomes, with data disaggregated by characteristics like race, gender, program of study, and credential level. Colleges participating in federal financial aid programs must submit this data, while the system will provide the public with customizable summary information to help students and families make informed college decisions. The bill includes strict privacy protections, prohibiting collection of sensitive data like health information or exact addresses, and requires data minimization to only what's necessary for the system's purposes.

Fresh Start Act of 2023 This bill allows grants under the National Criminal History Improvement Program (NCHIP) to be used to implement a state law that provides for the automatic expungement or sealing of certain criminal records. The NCHIP provides grants to state and tribal governments to enhance the quality, completeness, and accessibility of criminal history record information and ensure the implementation of effective background check systems.

This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.

This joint resolution nullifies a Department of Labor final rule entitled Adverse Effect Wage Rate Methodology for the Temporary Employment of H-2A Nonimmigrants in Non-Range Occupations in the United States and published on February 28, 2023. This rule makes changes to the methodology used to set adverse effect wage rates for H-2A workers (temporary agricultural workers), including by using Bureau of Labor Statistics wage surveys in certain instances. (Generally, the minimum wage for an H-2A worker is the highest of the adverse effect wage rate, the applicable minimum wage, the prevailing wage for that occupation in that area, or any agreed-upon collective bargaining wage.)

Maddy summaryHR 2849 creates a tax credit for U.S. manufacturers producing rare earth magnets. The credit offers $20 per kilogram for magnets made with domestically sourced materials, or $30 per kilogram if at least 90% of the rare earth components are produced in the U.S. The credit phases out over time, reducing to 70% in 2033, 35% in 2034-2035, and ending after 2035. To qualify, manufacturers must not use materials from non-allied foreign nations and must produce magnets as part of their regular business operations.

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.