Maddy summaryThis bill creates a tax exemption for small virtual currency transactions. It exempts gains or losses from selling virtual currency if the transaction value or gain/loss is under $200 (adjusted for inflation after 2025). This directly affects individual users who trade small amounts of virtual currency for personal use, not for business or income-producing purposes. The exemption applies to transactions after December 31, 2024, and does not cover larger trades or transactions involving business assets.
Sen. Kirsten E. Gillibrand
Sponsored bills
Maddy summaryThis bill reauthorizes the Patrick Leahy Lake Champlain Basin Program Foundation to protect and restore Lake Champlain and its watershed, which includes parts of New York and Vermont (and potentially Quebec). It establishes a Steering Committee with representatives from New York, Vermont, and Quebec to develop and implement a comprehensive plan for pollution prevention, ecosystem restoration, and climate change response. The bill authorizes $45 million annually from 2025-2034 to fund the Foundation's work, which will support projects to improve water quality, restore habitats, and address climate impacts in the Lake Champlain Basin. The Foundation will coordinate with federal, state, and local partners to carry out the plan, which must include public input and be reviewed every 5 years.
Maddy summarySRES 765 is a Senate resolution honoring the late Senator James M. Inhofe of Oklahoma following his death on July 9, 2024. The resolution commemorates his 28-year Senate service (1994-2023) and 52 years in public office, highlighting his work on defense policy, aviation legislation, infrastructure projects, and support for military bases in Oklahoma. This procedural resolution expresses the Senate's condolences and formally recognizes his legacy, rather than enacting any policy changes.
Maddy summaryThe Capping Prescription Costs Act of 2024 sets a yearly limit on out-of-pocket costs for prescription drugs under most health insurance plans. Starting in 2026, individual plan members would pay no more than $2,000 annually for covered drugs, while families would pay no more than $4,000. These limits would increase each year based on inflation, adjusted using the medical care component of the Consumer Price Index. The bill applies to both individual health plans and employer-sponsored group plans covered under the Affordable Care Act. It takes effect for plans beginning after December 2025.
Maddy summaryThis bill authorizes Congress to award a single Congressional Gold Medal to Jens Stoltenberg, former Secretary General of NATO, recognizing his leadership during his nine-year tenure. It directs the Treasury to strike the medal and allows for the sale of bronze duplicates to cover costs. The medal honors Stoltenberg's role in strengthening NATO's defense spending, enlargement, and unity - particularly during Russia's invasion of Ukraine - though the bill itself creates no new policy or obligations. The award is purely ceremonial and affects only Stoltenberg as the recipient.
Maddy summaryThis bill corrects funding and eligibility rules for the World Trade Center Health Program, directly affecting 9/11 responders and survivors seeking medical care. It allows licensed mental health providers (not just physicians) to certify mental health conditions for program eligibility, requiring the program administrator to define these provider categories within 180 days. The bill also clarifies that deceased individuals should not be counted in enrollment statistics for funding calculations and adds $2.97 billion in funding for fiscal year 2024, with adjusted annual funding formulas extending through 2090. These changes aim to streamline access to care and stabilize long-term program financing for affected individuals.
Maddy summaryThis bill (S 4554) is a non-binding resolution expressing Congress's "sense" that protections for abortion access should be supported after the *Dobbs* decision and that *Roe v. Wade* protections should be restored. It does not create new laws or change existing policies; it is solely a statement of congressional opinion. The resolution directly affects no individuals or entities, as it lacks legal force. Key provisions (Section 2) state Congress supports post-*Dobbs* reproductive health care access and aims to restore *Roe*-era protections, but these are declarative statements only.
Maddy summaryThis bill strengthens the ban on foreign influence in U.S. elections by expanding the definition of foreign-controlled business entities to include those with significant foreign ownership or influence (e.g., 50% direct ownership or 1% indirect ownership with aggregation). It requires any for-profit business entity making election-related contributions, expenditures, or independent spending to file a certification within 7 days, under penalty of perjury, confirming it is not foreign-controlled. Recipients of such funds must separately account for them and cannot reuse the funds for further election activities without the certification. The bill also clarifies that these rules apply to State/local ballot initiatives and disbursements to political committees like Super PACs.
Maddy summarySRES 756 is a Senate resolution designating June 19, 2024, as "Juneteenth Independence Day" to commemorate June 19, 1865 - the date Union troops announced the end of slavery in Texas. This symbolic resolution recognizes the historical significance of Juneteenth, when news of emancipation reached enslaved people in the Southwestern U.S. after the Civil War. It does not create new laws or affect any group; it solely serves to honor this date as part of U.S. history and encourage nationwide observance.
Maddy summaryThis Senate resolution (SRES 744) expresses the Senate's support for designating June 28, 2024, as "Stonewall Day" to commemorate the 1969 Stonewall Uprising, a pivotal moment in LGBTQIA+ rights history. It recognizes the significance of the uprising in advancing LGBTQIA+ equality and supports the opening of the Stonewall National Monument Visitor Center on that date. The resolution does not create new laws or affect specific individuals; it is a symbolic gesture acknowledging historical events and encouraging public recognition of the LGBTQIA+ civil rights movement.