Maddy summaryThis bill allows timber landowners to claim a tax deduction for losses of uncut timber caused by disasters like fire, storms, insects, or drought. It sets a minimum deduction based on the pre-loss appraised value minus salvage value, requiring certified appraisals within one year (with an option to estimate initially). Crucially, landowners must reforest the affected area with hardwoods or softwoods within five years to maintain the deduction, or face recapture of the tax benefit. The provision applies only to timber held for business sale, not passive investments.
Sponsored bills
Maddy summaryThis bill prohibits the U.S. Department of Energy from selling petroleum products from the Strategic Petroleum Reserve to any entity owned or controlled by China, or to entities that might later export those products to China. It directly affects the Department of Energy’s management of the reserve and Chinese entities seeking to purchase U.S. oil. The key mechanism requires the Secretary of Energy to block sales to China-linked entities and to ensure any sale does not result in the petroleum being exported to China. This is a direct restriction on existing reserve operations, not a new policy. The bill applies to all current and future sales from the reserve.
Maddy summaryThis bill requires healthcare providers performing abortions to provide the same immediate medical care and hospital admission to any infant born alive during or after the procedure, as they would for any newborn. It mandates reporting of any failure to provide this care to law enforcement and imposes penalties including fines or up to 5 years in prison for violations. Women who undergo abortions may pursue civil lawsuits for damages, including compensation for physical/psychological harm and three times the abortion cost, if providers fail to comply. The law directly affects abortion providers, hospitals, and the women receiving abortion services.
Maddy summaryThe Regulations from the Executive in Need of Scrutiny Act of 2023 would require Congress to approve most major federal regulations before they take effect. Major rules, defined as those with significant economic impact (estimated at $100 million or more annually), would need a joint resolution of approval from both chambers within 70 days. Agencies would be required to submit detailed reports to Congress before rules take effect, including cost-benefit analyses, economic effects, and other relevant information. This would increase congressional oversight of the regulatory process, though it includes exceptions for national security, emergencies, and monetary policy rules.
Maddy summaryThis bill requires all U.S. employers to use E-Verify, an electronic employment verification system, to check the work authorization of all new hires and existing employees. It mandates verification before hiring, with all employers required to comply within one year of enactment, and expands verification requirements to existing employees. The bill increases penalties for non-compliance, including higher civil fines (up to $25,000 per violation) and potential debarment from federal contracts for repeat violations. It also establishes a new Employer Compliance Inspection Center to standardize enforcement and improve accountability for employers who fail to verify employment eligibility.
Maddy summaryThe JOBS Act of 2023 expands Federal Pell Grant eligibility to short-term job training programs that provide 150-600 clock hours (8-15 weeks) of instruction aligned with in-demand local industries. It directly affects students enrolled in eligible career-focused programs at institutions of higher education, requiring programs to offer industry-recognized credentials and meet validation standards from employers or sector partnerships. Key provisions include mandatory industry validation of program quality, institutional credit articulation for noncredit programs, and lowering the minimum Pell Grant percentage from 10% to 5% for qualifying students. The bill ensures these programs count toward students’ total Pell Grant eligibility period while maintaining standard Pell Grant terms and conditions.
Maddy summaryThis bill requires the President to create a strategy aimed at doubling U.S. exports to Africa and Latin America and the Caribbean within 10 years, with the goal of supporting American jobs. The strategy must be developed with input from Congress, federal agencies, development banks, and the private sector, and submitted to Congress within 180 days, followed by a progress report after 3 years. It also establishes two special coordinators (one for Africa, one for Latin America/Caribbean) to oversee implementation and mandates standardized training for U.S. officials on export financing programs. Additionally, the bill encourages the administration to lead joint trade missions to these regions within one year.
Helping with Equal Access to Leave and Investing in Needs for Grieving Mothers and Fathers Act or the HEALING Mothers and Fathers Act This bill revises the family and medical leave entitlement and limits funding to certain family planning programs. Specifically, the bill provides family and medical leave due to the spontaneous loss of an unborn child of an employee or spouse of the employee. It also establishes a tax credit for an individual who experiences, during the taxable year, the stillbirth of a child who would have been a qualifying child of the individual for the taxable year if the child had been born live. The bill further prohibits the Office of Population Affairs within the Department of Health and Human Services from providing federal assistance to voluntary family planning programs that (1) perform abortions, (2) provide funding to another entity that performs abortions, or (3) refer patients to abortion providers.
Maddy summaryThe SHORT Act revises federal firearm regulations to eliminate separate restrictions on short-barreled rifles and shotguns. It redefines shotguns used for sporting purposes to avoid being classified as destructive devices and removes language that previously treated these weapons differently from other firearms. The bill also requires states to recognize federal compliance as meeting state registration requirements for these weapons and preempts state taxes or registration rules on them in interstate commerce. Finally, it mandates the federal government to destroy related ownership records within 365 days of enactment.
Maddy summaryThe Educational Choice for Children Act creates tax credits for individuals and corporations that contribute to scholarship organizations providing educational scholarships. Individuals can claim a credit up to 10% of their adjusted gross income or $5,000, while corporations can claim up to 5% of taxable income. Scholarships are available to students in households earning no more than 300% of the area median income and can be used for public or private school expenses, including religious schools. The bill establishes a $10 billion annual cap on total contributions with funds allocated on a first-come, first-served basis, and requires scholarship organizations to verify student income and distribute scholarships to multiple students. It also prohibits government control over scholarship organizations and schools, ensuring maximum freedom for these organizations.