Bipartisan Ban on Congressional Stock Ownership Act of 2023 This bill prohibits Members of Congress and their spouses from owning or trading stocks, bonds, commodities, futures, or any other form of security. Each current Member must divest within 180 days after the bill is enacted and each new Member must divest within 180 days after becoming a Member. However, Members and their spouses have 5 years to divest from specified complex investment vehicles. The bill does not apply to certain investments, such as investments in widely held investment funds that are diversified and do not present a conflict of interest and investments held in government employee retirement plans. A Member or spouse who violates the bill may be subject to a fine of up to $50,000 for each violation. The bill permits a Member or spouse who is required to divest property under the bill to avoid recognizing gain for income tax purposes from the sale of that property to the extent that the Member or spouse purchases permitted bonds or diversified investment funds within 60 days of the divestiture.
Rep. Mark Pocan
Sponsored bills
Correcting Guam's History in the PACT Act This bill expands eligibility for a presumption of service-connection for specified diseases associated with exposure to certain herbicide agents. Under a presumption of service-connection, specific conditions diagnosed in certain veterans are presumed to have been caused by the circumstances of their military service. Health care benefits and disability compensation may then be awarded. Under the bill, service performed in Guam or its territorial waters between August 15, 1958, and July 31, 1980, provides a veteran who has a specified disease that is associated with exposure to certain herbicide agents with eligibility for a presumption of service-connection. (Under current law, the eligible time frame for service in Guam is between January 9, 1962, and July 31, 1980.)
Maddy summaryThe TRACK Act of 2023 requires federal agencies (including HHS, NIH, Defense, and Veterans Affairs) to create a public database tracking all government funding for biomedical research and development. It compiles specific details about contracts, grants, licensing agreements, and tax benefits related to drug, device, and therapy development - including funding amounts, recipient organizations, product names/prices, and patent information. The database must be searchable by the public within one month of the bill’s enactment and updated every two weeks. This directly affects federal agencies managing biomedical funding and the private companies, institutions, and researchers receiving that support. The goal is to increase transparency about how taxpayer dollars fund medical product development.
Maddy summaryHCONRES 23 is a non-binding resolution expressing Congress's support for recognizing March 10, 2023, as "Abortion Provider Appreciation Day." It honors abortion providers and clinic staff for delivering essential reproductive healthcare amid increased restrictions following the Supreme Court's Dobbs decision, which overturned Roe v. Wade. The resolution condemns the Dobbs ruling, affirms Congress's commitment to protecting providers' safety, and emphasizes ensuring access to abortion care. As a symbolic gesture, it does not create new laws or change existing policies.
Maddy summaryThe New Deal for New Americans Act of 2023 establishes a National Office of New Americans within the Executive Office of the President to coordinate federal efforts supporting immigrant and refugee integration. It creates several grant programs to provide legal assistance, English language training, and workforce development for immigrants, with specific provisions to reduce financial barriers to citizenship through fee waivers and modifications to English language requirements for seniors. The bill also establishes a "Proud to Be a United States Citizen Program" to promote naturalization and creates automatic voter registration for newly naturalized citizens. These provisions directly affect immigrants and refugees seeking citizenship and integration support, as well as federal agencies responsible for immigration services. The bill aims to improve access to citizenship, enhance integration into American society, and support refugees through comprehensive federal coordination.
Maddy summaryHR 1654, the DEPOSIT Act, imposes a new tax on certain bank executives' bonuses and stock profits when their bank fails and the FDIC becomes conservator or receiver. It specifically targets executives who earned over $250,000 (adjusted for excluded profits) in the year before their bank's failure and received bonuses within 60 days prior to the FDIC takeover or sold bank stock within that same period. The tax adds 90% of bonus profits and 100% of stock profit amounts to the executive's regular income tax. All revenue generated from this tax will be directed to the Deposit Insurance Fund, which protects bank deposits.
Maddy summaryThe Dental and Optometric Care Access Act of 2023 (DOC Access Act) requires health insurance plans covering dental and vision care to allow providers (like dentists and optometrists) to charge patients the usual and customary rate for uncovered services, with a specific rule limiting dental cleanings to the network fee even if it exceeds annual coverage limits. It prohibits plans from restricting providers' choices of laboratories or suppliers for patient care. This law directly affects dental and vision care providers and the health insurance plans that offer these services. The bill establishes concrete billing and coverage standards to improve access to necessary dental and vision care.
Maddy summaryThis bill authorizes a Congressional Gold Medal to honor the "Hello Girls" - female telephone operators who served in the Army Signal Corps during World War I. They provided critical battlefield communications in France (connecting 26 million calls), wore military uniforms, and faced combat risks, but were denied veteran benefits for 60 years due to being classified as civilian contractors. The medal recognizes their pioneering service, devotion, and the decades-long struggle to gain military recognition. The award follows similar recognition for other WWII women veterans and aims to correct the historical injustice they faced.
Maddy summaryThe SVB Act (HR 1602) repeals Title IV of the 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act, which had relaxed banking regulations. It directly affects banks previously subject to those relaxed rules, particularly smaller institutions that benefited from the 2018 changes. The bill’s key mechanism is restoring the pre-2018 regulatory framework, reversing the specific provisions that eased oversight. This returns banking oversight to the structure that existed before the 2018 law took effect, without creating new rules.
Maddy summaryHRES 219 is a symbolic resolution (not a binding bill) expressing the House’s support for inclusive public schools. It urges schools to adopt historically accurate, diverse educational materials that reflect the nation’s diversity, foster parent-educator partnerships, and eliminate discrimination based on race, disability, LGBTQ+ identity, or other factors. The resolution emphasizes creating safe, well-rounded learning environments that prepare all students for success while protecting students’ civil rights. It directly affects public school districts, educators, families, and students by encouraging practices that promote equity and inclusion.