Sen. Chuck Grassley

Preventing Terrorist Transfers to Afghanistan Act This bill prohibits Department of Defense funds from being used to transfer, release, or assist in the transfer or release of any individual detained in the custody or control of the Department of Defense at United States Naval Station, Guantanamo Bay, Cuba, to the custody or control of Afghanistan.

INsulin For Our Recurring Medical Needs Act or the INFORM Act This bill requires the Department of Health and Human Services (HHS) to compile and publish on its website information about publicly available pharmaceutical affordability assistance programs, including for insulin. HHS also must distribute various printed materials with such information to health facilities, including community health centers, medical clinics, pharmacies, and hospitals.

This resolution designates June 26, 2022, as the International Day against Drug Abuse and Illicit Trafficking and expresses support for efforts to address substance use and prevent drug trafficking and production.

Bankruptcy Threshold Adjustment and Technical Corrections Act This bill modifies provisions related to small business reorganization bankruptcies and wage earner's bankruptcies. Specifically, the bill extends for two years the increase of the amount of debt allowed to be carried by debtors to qualify for small business reorganization bankruptcy and provides that this debt limit is subject to adjustment for inflation. Additionally, it provides that a small business debtor includes a debtor that is an affiliate of certain publicly traded companies. Further, it authorizes the bankruptcy trustee to operate the business of the debtor if the debtor ceases to be a debtor in possession. The bill also increases for two years the debt limit for individuals filing for bankruptcy under Chapter 13 (i.e., the wage earner's plan) and allows both secured and unsecured debt to count towards this single limit. (Currently, separate limits apply to secured and unsecured debt.)

Maddy summarySRES 682 is a Senate resolution designating June 15, 2022, as "World Elder Abuse Awareness Day" and the month of June as "Elder Abuse Awareness Month." It does not create new laws or allocate funding but aims to raise public awareness about elder abuse through official recognition. The resolution encourages the public and professionals to learn about, recognize, and report elder abuse, while acknowledging the work of organizations like adult protective services and the Elder Justice Coalition. It serves as a symbolic gesture to highlight a widespread issue affecting older adults, particularly those in vulnerable situations.

Political Bias In Algorithm Sorting Emails Act of 2022 or the Political BIAS Emails Act of 2022 This bill restricts email providers from applying filtering algorithms that label political campaign messages as spam and requires providers to publicly report on their email delivery practices.

This resolution celebrates the 245th anniversary of the creation of the U.S. flag, recognizes that the Pledge of Allegiance has been a valuable part of life for the people of the United States for generations, and defends the constitutionality of the pledge.

COI Elimination Act This bill limits U.S. contributions to the United Nations pertaining to the U.N. Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem, and Israel. Current law imposes a cap on the annual U.S. contribution to the U.N. budget. The bill lowers that cap by 25% of the amount budgeted for the commission unless the Department of State certifies to Congress that the commission has been abolished. After such a certification, the United States shall, subject to appropriations, provide to the United Nations an amount equal to all the contributions that were withheld under this bill. The bill also states that it shall be U.S. policy to seek the abolition of the commission and combat systemic anti-Israel bias in international bodies.

Middle-Class Savings and Investment Act This bill provides tax incentives for savings and investment for middle-income taxpayers. Specifically, it (1) increases the current tax bracket for capital gains and dividends; (2) allows an exclusion from gross income for up to $300 of interest income received by a taxpayer; (3) increases the threshold for the net investment tax for married couples filing jointly to $400,000, adjusted for inflation (thus eliminating the tax effect known as the marriage penalty); and (4) increases the maximum contribution amount and the rate of the saver's tax credit. As an offset to the cost of these incentives, the bill extends through 2028 the limitation on the deduction for state and local taxes.

INvestor Democracy is EXpected Act or the INDEX Act This bill establishes guidelines for passively managed funds (e.g., index funds) that vote shares on behalf of fund investors in proxy shareholder votes. Under the bill, these funds generally must vote shares on a proportional basis according to instructions from fund investors. The bill establishes an exemption for routine matters and matters requiring approval of a majority of outstanding securities. Additionally, the bill establishes a safe harbor from these requirements for investment advisers.