Sen. Brian Schatz

Maddy summaryThis resolution (SRES 464) expresses the U.S. Senate's support for Transgender Day of Remembrance by recognizing the epidemic of violence against transgender people in the U.S. and memorializing those who died in acts of violence between October 2022 and September 2023. It specifically highlights the disproportionate impact on transgender women of color and references 33 documented fatalities in 2023. The resolution does not create new laws or policies but formally acknowledges the crisis and honors victims, aligning with the annual observance established to remember transgender lives lost to violence.

Maddy summaryThe GOSAFE Act prohibits the sale, manufacture, transfer, and possession of gas-operated semi-automatic firearms and large capacity ammunition magazines (holding more than 10 rounds) in interstate or foreign commerce, with limited exceptions for law enforcement, pre-enactment owners, and certain firearms like single-shot weapons. It requires the Attorney General to publish a list of prohibited firearms within 180 days and establishes a process for manufacturers to seek approval for new firearm designs before selling them to civilians. The bill also authorizes buy-back programs using Byrne grants to compensate individuals who surrender prohibited firearms and magazines, with penalties including fines up to $5,000 or up to 12 months in prison for violations.

Maddy summaryThe FOREST Act of 2023 prohibits the import of products made from commodities (palm oil, soy, cocoa, cattle, and rubber) produced on illegally deforested land. It requires importers to provide detailed supply chain information demonstrating they've assessed risks of illegal deforestation, with enhanced requirements for products from countries identified as having inadequate deforestation protections. The bill establishes a fund using enforcement penalties to provide foreign assistance for countries working to eliminate deforestation, and offers procurement preferences for government contracts for products not linked to illegal deforestation. This law aims to reduce deforestation-driven emissions, protect biodiversity, and ensure ethical supply chains by addressing illegal deforestation in global trade.

Maddy summaryThe Billionaires Income Tax Act requires individuals with annual income over $100 million or assets over $1 billion to pay taxes annually on their wealth gains, rather than deferring taxes through strategies like "buy, borrow, die." It eliminates tax deferral by implementing mark-to-market taxation, requiring billionaires to pay tax on asset appreciation each year as if they had sold the assets. The bill closes loopholes that allow the ultra-wealthy to transfer assets tax-free to heirs, requiring heirs to pay tax on gains when they sell assets. This means billionaires would pay taxes on their income as it's earned, just like working people pay taxes on wages.

Maddy summaryThe Beyond the Box for Higher Education Act of 2023 directs the U.S. Department of Education to provide guidance to colleges and universities on removing criminal and juvenile justice history questions from admissions applications. It recommends institutions evaluate whether such questions are necessary, and if kept, requires specific safeguards like delaying inquiries until after admission decisions and training staff on handling this information fairly. The bill also mandates training for admissions, financial aid, and campus employment staff on supporting students with justice system involvement, and establishes a resource center for best practices. This policy directly affects higher education institutions and applicants with criminal or juvenile records, aiming to reduce barriers to college access. The guidance focuses on concrete changes to application processes, not on altering enrollment outcomes or funding.

Maddy summaryThe PREP Act creates a dedicated Office of Prison Education within the Bureau of Prisons to improve educational opportunities for incarcerated individuals in Federal correctional facilities. The office will coordinate quality programs including adult literacy, high school equivalency, postsecondary education, and workforce development, while collecting data on outcomes like recidivism and employment. The bill authorizes $170 million annually (2024-2030) for these programs and establishes a repository of research and best practices for State and local correctional systems. This legislation directly affects Federal prison inmates by expanding educational opportunities designed to improve post-release outcomes and reduce recidivism.

Maddy summaryThe Restore Honor to Service Members Act of 2023 establishes a Department of Defense "Tiger Team" to help former service members with certain discharge characterizations (discharged under pre-2011 policies like "former section 654") seek review of their military records. The team will collaborate with veterans' groups, the VA, and other stakeholders to identify eligible veterans, contact them about the review process, and simplify the request by removing documentation requirements. It mandates regular reports to Congress on outreach efforts, the number of veterans contacted, and outcomes, including how many received honorable discharge upgrades. The bill also clarifies that veterans' benefits from the change in discharge status apply from the effective date of the review, not retroactively.

Maddy summaryThis resolution (SRES 466) urges the U.S. Senate to provide advice and consent for ratifying the United Nations Convention on the Law of the Sea (UNCLOS), a treaty the U.S. has not joined despite being a party to related 1958 conventions. By ratifying UNCLOS, the U.S. would gain full participation in international ocean governance forums, strengthen its legal position on maritime disputes (such as in the South China Sea and Arctic), and improve its ability to defend U.S. interests in ocean-related negotiations. The resolution emphasizes that current U.S. non-participation limits its influence in resolving territorial conflicts and managing critical maritime resources.

Ending the Carried Interest Loophole Act This bill revises the tax treatment of partnership interests received in connection with the performance of services. It eliminates the concept of carried interest, a form of compensation received by certain partners in private equity, real estate, or hedge funds for investment management services. Under current law, such compensation can be deferred from taxation until income is realized by the partnership. The bill requires partners to recognize deemed compensation received from a partnership annually, taxed at ordinary income tax rates and subject to self-employment taxation. The bill eliminates a partner's ability to defer tax on such compensation.

Maddy summaryThe Disaster Learning and Life Saving Act of 2023 establishes a National Disaster Safety Board to review natural hazard incidents (such as wildfires, floods, and severe storms) that cause significant loss of life, injury, or economic damage. The Board will conduct fact-finding reviews without assigning blame, identify systemic causes behind incidents, and issue recommendations to prevent future harm, with special attention to communities disproportionately impacted by disasters. The Board will coordinate with Federal, State, Tribal, and local governments to standardize incident data collection and share best practices, publishing findings within one year of completing a review. The Act authorizes $25 million in funding for fiscal year 2024, increasing to $60 million by fiscal year 2027 to support these efforts.