Maddy summaryThis bill prohibits the Securities and Exchange Commission (SEC) from requiring national securities exchanges, associations, or their members to share investors' personally identifiable information (PII) - like names, addresses, or Social Security numbers - for routine consolidated audit trail reporting. It allows the SEC to request PII *only* during investigations into securities law violations or related enforcement actions, and requires exchanges to provide it within 24 hours (or a reasonable extension). The SEC must destroy any such PII within 24 hours after the investigation concludes. The bill directly affects securities exchanges and their members by restricting how they handle investor data under federal reporting rules.
Sponsored bills
Maddy summaryS 664, the NIH Reform Act, reorganizes the National Institutes of Health (NIH) by splitting the former "National Institute of Allergy and Infectious Diseases" into three separate institutes: the National Institute of Allergic Diseases, the National Institute of Infectious Diseases, and the National Institute of Immunologic Diseases. The bill establishes new director positions for each institute with 5-year terms (allowing one reappointment), replaces the old institute's name in all federal references, and transfers existing responsibilities for related research areas to the new entities. This restructuring affects NIH's internal management and leadership, streamlining focus on specific disease areas without altering research funding or public health policies. The changes take effect upon the bill's enactment, with the NIH Director overseeing the transition until new institute directors are appointed.
Maddy summaryThe Broadband Grant Tax Treatment Act (S 674) excludes specific federal and state broadband grants from being counted as taxable income for recipients. It applies to grants from programs like the Broadband Equity, Access, and Deployment Program (under the Infrastructure Investment and Jobs Act) and similar state/local initiatives funded by federal broadband grants. The law prevents double tax benefits by disallowing deductions for expenses covered by the excluded grant and reducing the property’s cost basis by the grant amount. This directly affects broadband providers and local governments receiving these grants, making the funds tax-free without allowing additional tax deductions for the same spending.
Maddy summarySRES 53 is a bipartisan Senate resolution commemorating the 80th anniversary of the February 19-26, 1945, Battle of Iwo Jima and the iconic U.S. flag-raising on Mount Suribachi on February 23, 1945. It honors the service members who fought in the battle - including those who received the Medal of Honor - and recognizes the strategic importance of the victory in ending World War II. The resolution encourages public commemoration through ceremonies and events, while affirming U.S.-Japan reconciliation and honoring veterans' sacrifices. As a commemorative resolution, it has no binding effect or direct impact on policy or beneficiaries.
Maddy summaryThe ENABLE Act permanently extends two key provisions for ABLE accounts, which are tax-advantaged savings accounts designed for people with disabilities. It removes expiration dates for higher contribution limits (previously set to end in 2026) and for rolling over funds from 529 college savings plans into ABLE accounts. The bill also makes the savers credit applicable to ABLE account contributions, allowing eligible individuals to claim tax credits for their savings. These changes directly benefit people with disabilities who use ABLE accounts to save for qualified expenses without risking eligibility for government benefits.
Maddy summaryS 618 prohibits entities controlled by the governments of Iran, North Korea, China, or Russia from purchasing or leasing agricultural land in the United States, including both public land managed by federal agencies and private land. It also bars such entities from participating in most Department of Agriculture programs if they own or lease agricultural land, with exceptions for food safety, health, and labor safety programs. The bill amends existing disclosure rules to require reporting on leases and security interests related to foreign ownership, and mandates public online data sets showing foreign ownership details. Additionally, it requires annual reports to Congress on risks of foreign ownership and the effectiveness of monitoring efforts.
Maddy summaryThis bill prohibits the Environmental Protection Agency (EPA) from using assessments generated by its Integrated Risk Information System (IRIS) program in key regulatory actions. Specifically, it blocks the EPA from relying on IRIS assessments to develop or issue rules, conduct enforcement or permitting, or inform air toxics mapping tools. The bill directly affects how the EPA conducts its environmental regulation and risk assessment work. It represents a procedural change limiting the use of existing EPA scientific assessments in regulatory decision-making.
Maddy summaryThe Healthy Poultry Assistance and Indemnification Act of 2025 requires the U.S. Department of Agriculture to compensate poultry growers and egg-laying facility owners when their operations are in a USDA-designated "control area" (a zone established due to animal health threats like disease outbreaks). Compensation equals the average income from the owner's five most recent flocks multiplied by the number of flocks they were prohibited from raising during the control period, but cannot exceed the difference between this amount and any other compensation received. Payments must be made within 60 days of the owner's request. This bill directly assists poultry producers facing income loss due to USDA-mandated restrictions during disease control efforts.
Maddy summaryThis bill repeals the federal estate tax and generation-skipping transfer tax for estates of people who die on or after the bill's enactment date, directly affecting heirs of large estates (typically valued over $13 million for 2025). It also modifies the gift tax by establishing a $10 million lifetime exemption (adjusted for inflation), replacing the current exemption amount. The bill sets new tax brackets for gifts exceeding this threshold and adjusts the calculation method for gift tax liability. These changes apply to gifts made or estates settled after the bill becomes law, with no impact on existing estate plans or transfers before enactment.
Maddy summaryS 591, the "Restore Merit to Government Service Act of 2025," requires federal agencies to develop hiring plans prioritizing applicants committed to constitutional values and efficient government, while banning consideration of race, sex, or religion in appointments. It mandates that agencies fill positions within 80 days of posting and prohibits appointing individuals unwilling to defend the Constitution. The bill also directs agencies to use modern technology for recruitment and establish clear performance metrics for hiring success. This legislation directly affects all federal agencies listed in the bill, including major departments like the Environmental Protection Agency and the Social Security Administration.