Maddy summaryThis bill amends the federal tax code to create a "safe harbor" for certain Texas school trust funds. It specifies that these state-created funds - which hold nonfinancial assets (like land or buildings) and are used solely to support public schools or essential government functions - will not be classified as "investment property" under tax law. The provision applies to funds already meeting strict criteria as of 1986, ensuring their tax-exempt status remains intact. It directly affects existing Texas perpetual trust funds that support public elementary and secondary schools. The bill does not address new construction costs or funding mechanisms, but rather clarifies the tax treatment of pre-existing school funding structures.
Rep. Veronica Escobar
Sponsored bills
Cover Outstanding Vulnerable Expansion-eligible Residents Now Act or the COVER Now Act This bill establishes a demonstration program to allow local governments to provide health benefits to the Medicaid expansion population in states that have not expanded Medicaid. Under the program, local governments may provide coverage for individuals who are newly eligible for Medicaid under the Patient Protection and Affordable Care Act (i.e., the Medicaid expansion population) for a maximum of 10 years, or until their respective states expand Medicaid. The bill provides a 100% federal matching rate for the first three years of program participation. The bill prohibits states from taking certain actions against participating localities, such as withholding funding, increasing taxes, or restricting provider participation. States that violate these requirements are subject to certain funding penalties.
Environmental Justice For All Act This bill establishes several environmental justice requirements, advisory bodies, and programs and modifies the scope of environmental review under the National Environmental Policy Act of 1969. The bill sets forth provisions to address the disproportionate adverse human health or environmental effects of federal laws or programs on communities of color, low-income communities, or tribal and indigenous communities. It also prohibits disparate impacts on the basis of race, color, or national origin as discrimination. Aggrieved persons may seek legal remedy when faced with such discrimination. In addition, the bill directs agencies to follow certain requirements concerning environmental justice. For example, agencies must prepare community impact reports that assess the potential impacts of their actions on environmental justice communities under certain circumstances. It also raises coal, oil, and gas royalty rates to create a funding source to support fossil fuel-dependent communities and displaced workers as they transition away from fossil fuel industries. Additionally, the bill creates a variety of advisory bodies and positions, such as the White House Environmental Justice Interagency Council. Among other things, the council must issue an environmental justice strategy. It also establishes requirements and programs concerning chemicals or toxic ingredients in certain products. For example, the bill (1) requires certain products (e.g., cosmetics) to include a list of ingredients or warnings; and (2) provides grants for research on designing safer alternatives to chemicals in certain consumer, cleaning, toy, or baby products that have an inherent toxicity or that are associated with chronic adverse health effects. Finally, it creates a variety of funding programs, such as a grant program to enhance access to park and recreational opportunities in urban areas.
Methane Waste Prevention Act of 2021 This bill establishes requirements to reduce methane emissions from the oil and natural gas sector. Methane is emitted during the production and transport of coal, natural gas, and oil. Specifically, the Environmental Protection Agency (EPA) must issue regulations that require the sector to reduce methane emissions over time. By 2025, methane emissions must be at least 65% below 2012 emissions. By 2030, the emissions must be at least 90% below 2012 emissions. The Department of the Interior must also establish regulations to reduce and prevent the waste of natural gas on federal land and Indian lands, including waste from venting, flaring, and fugitive releases. The regulations must include consistent enforcement mechanisms for any oil or gas operations that are not in compliance.
This act designates the facility of the United States Postal Service located at 6401 El Cajon Boulevard in San Diego, California, as the Susan A. Davis Post Office.
This act designates the facility of the United States Postal Service located at 651 Business Interstate Highway 35 North Suite 420 in New Braunfels, Texas, as the Bob Krueger Post Office.
This act designates the facility of the United States Postal Service located at 4110 Bluebonnet Drive in Stafford, Texas, as the Leonard Scarcella Post Office Building.
This act designates the facility of the United States Postal Service located at 4020 Broadway Street in Houston, Texas, as the Benny C. Martinez Post Office Building.
Uyghur Forced Labor Prevention Act This bill imposes various restrictions related to China's Xinjiang Uyghur Autonomous Region, including by prohibiting certain imports from Xinjiang and imposing sanctions on those responsible for human rights violations there. Goods manufactured or produced in Xinjiang shall not be entitled to entry into the United States unless U.S. Customs and Border Protection (1) determines that the goods were not manufactured by convict labor, forced labor, or indentured labor under penal sanctions; and (2) reports such a determination to Congress and to the public. The President shall periodically report to Congress a list of foreign entities and individuals knowingly facilitating (1) the forced labor of Uyghurs, Kazakhs, Kyrgyz, and members of other Muslim minority groups in Xinjiang; and (2) efforts to contravene U.S. laws regarding the importation of forced labor goods from Xinjiang. The President shall impose property-blocking sanctions on the listed individuals and entities and impose visa-blocking sanctions on the listed individuals. Securities issuers required to file annual or quarterly reports with the Securities Exchange Commission shall disclose in such reports instances in which the issuer knowingly engaged in certain activities related to Xinjiang, such as working with an entity building detention facilities or surveillance systems there. After such a disclosure, the President shall determine whether to investigate if sanctions or criminal charges are warranted. The Forced Labor Enforcement Task Force and the Department of State shall report to Congress strategies to address forced labor in Xinjiang or any other part of China. The State Department shall also report to Congress a determination of whether the treatment of Muslim groups in Xinjiang constitutes crimes against humanity or genocide under U.S. law.
Expanding the Voluntary Opportunities for Translations in Elections Act or the Expanding the VOTE Act This bill expands access to voting materials for individuals with limited proficiency in the English language, including by establishing incentive grants for states and political subdivisions to provide translated voting materials. Additionally, the bill directs the Government Accountability Office to study the impact of (1) reducing the threshold requirement under Section 203 of the Voting Rights Act of 1965, and (2) expanding the definition of language minorities to include native speakers of additional languages.