Registration for Index-Linked Annuities Act This bill requires the Securities and Exchange Commission (SEC) to create a new form for the registration of index-linked annuities to ensure that a purchaser can make a knowledgeable decision. The bill defines a registered index-linked annuity as an annuity that is deemed a security, that must be registered with the SEC, and that is issued by an insurance company subject to state supervision. Furthermore, the returns of these annuities (1) are based on the performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.
Rep. William R. Timmons IV
Sponsored bills
Southern Campaign of the Revolution National Heritage Corridor Act of 2021 This bill establishes the Southern Campaign of the Revolution National Heritage Corridor in North Carolina and South Carolina. The University of South Carolina, as the local coordinating entity for the corridor, shall submit a management plan for the corridor.
Maddy summaryHR 8004, the America Works Act of 2022, reinstates work requirements for able-bodied adults without dependents in the Supplemental Nutrition Assistance Program (SNAP). It repeals a temporary pandemic-era suspension of these requirements and standardizes exemptions, allowing exemptions only for individuals under 18 or over 65, those medically certified as unfit for work, parents with children under 7, or pregnant women. The bill also reduces the exemption threshold from 12% to 3% for certain states. This directly affects SNAP recipients who are able-bodied adults without dependents in states where work requirements apply.
Citizen Ballot Protection Act This bill allows a state to include on its mail voter registration application form a requirement that the applicant provide proof of U.S. citizenship.
Stop Child Abuse Act This bill nullifies the executive order titled Advancing Equality for Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex Individuals , which was issued on June 15, 2022. The order directed several executive agencies to establish initiatives that support lesbian, gay, bisexual, transgender, queer, and intersex individuals in a variety of settings, including health care, education, housing, and social services.
This resolution sets forth the rule for consideration of H.R. 1011 (Life at Conception Act), which declares that the right to life guaranteed by the Constitution is vested in each human being at all stages of life, including the moment of fertilization, cloning, or other moment at which an individual comes into being.
Maddy summaryThe National Flood Insurance Program Extension Act of 2022 extends the federal flood insurance program until December 31, 2023, instead of ending on September 30, 2022. This directly affects homeowners, renters, and businesses in communities participating in the National Flood Insurance Program (NFIP), ensuring continued access to flood coverage. The bill amends two key sections of the 1968 law to update the program's expiration dates and includes a retroactive provision covering the period from September 30, 2022, through the new end date.
Military Spouse Hiring Act This bill expands the Work Opportunity Tax Credit (WOTC) to include the hiring of a qualified military spouse. (The WOTC permits employers who hire individuals who are members of a targeted group such as qualified veterans, ex-felons, or long-term unemployment recipients to claim a tax credit equal to a portion of the wages paid to those individuals.) A qualified military spouse is any individual who is certified by the designated local agency as being (as of the hiring date) a spouse of a member of the Armed Forces.
Jobs and Opportunities for Medicaid Act This bill establishes work requirements under Medicaid for able-bodied adults (i.e., those between the ages of 18 and 65 and who are not otherwise unable to work due to a medical condition, family situation, or other listed reason).
Stop Iranian Drones Act This bill expands existing provisions requiring sanctions against individuals or entities that provide certain types of weapons to Iran. Specifically, the bill modifies the provisions by adding unmanned combat aerial vehicles to the list of weapons covered by the sanctions. The bill also requires the Department of State to periodically report to Congress on the identities of any Iranian entity that has attacked a U.S. citizen using an unmanned combat aerial vehicle. The President must designate any such entity as a foreign terrorist organization.