Rep. Troy Downing

Maddy summaryThe Small Bank Holding Company Relief Act would raise the consolidated asset threshold for small bank holding companies to $25 billion, exempting them from certain federal banking regulations. The Federal Reserve must revise its policy statement to reflect this new threshold within 180 days of the bill's enactment. This change directly affects small banks and savings and loan holding companies with consolidated assets below $25 billion. The policy update aims to reduce regulatory burdens on smaller financial institutions.

Maddy summaryHR 4382 authorizes the U.S. Mint to produce commemorative coins for the 2028 Los Angeles Olympics/Paralympics and 2034 Salt Lake City Winter Olympics/Paralympics. It specifies gold, silver, and half-dollar coin designs with defined mintage limits (e.g., up to 100,000 $5 gold coins for each event), all bearing inscriptions like "2028" or "2034" and standard coin features. A surcharge ($5-$50 per coin) is added to sales, with all funds directed to the respective Olympic committees to support event hosting and legacy programs like youth sports. The bill ensures no net cost to the government by requiring surcharge revenues to cover all design, production, and marketing expenses before funds are disbursed.

Maddy summaryHCONRES 43 is a non-binding congressional resolution expressing that public performances of "The Star-Spangled Banner" should use the original English lyrics written by Francis Scott Key. It encourages performers and event organizers to preserve the anthem's historical integrity by using its original English text, rather than translated or adapted versions, as a way to honor its 1814 origins and 1931 designation as the national anthem. The resolution does not create new law or impose legal requirements but formally states Congress's preference for maintaining the anthem's traditional English lyrics in public settings. It directly affects public events where the anthem is performed, such as sports games, ceremonies, and official gatherings.

Maddy summaryHR 875 amends immigration law to make non-citizens with DUI convictions inadmissible (preventing entry) and deportable (requiring removal after entry). It applies to any conviction for driving while intoxicated or impaired under state, tribal, or local law, regardless of whether the offense is classified as a misdemeanor or felony. The bill directly affects non-citizens convicted of driving under the influence of alcohol or drugs, including impairment from other substances. This policy change expands immigration consequences for DUI offenses beyond current standards.

Maddy summaryHR 4153, the STRONG Act, increases maximum loan limits for two key Small Business Administration (SBA) programs. It raises the cap for standard 7(a) loans from $3.75 million to $7.5 million (and the threshold for higher amounts from $5 million to $10 million), and doubles the cap for development company loans from $5 million to $10 million (for both standard and higher thresholds). These changes directly affect small businesses seeking SBA financing by allowing them to access larger loans for growth, expansion, or recovery. The bill modifies specific provisions in the Small Business Act and Small Business Investment Act to expand access to capital.

Maddy summaryThe LEDGER Act (HR 4091) requires the Treasury Department to create a system tracking every government payment within 180 days of enactment. It mandates that all federal departments, agencies, and branches (executive, legislative, judicial) must report disbursements from every funding source, including how long funds remain available for spending. This system will detail each payment's origin, recipient, and timing across all government accounts. The bill directly affects all federal spending entities by standardizing expenditure tracking previously handled inconsistently.

Maddy summaryHR 4092, the Protect RAIL Act, amends U.S. immigration law to make certain crimes involving stolen goods transported by carriers (like trains, trucks, or ships) grounds for denying entry or deporting non-citizens. It adds new inadmissibility and deportability provisions for anyone convicted of theft from interstate or foreign shipments under Title 18, Section 659 of the U.S. Code. The bill directly affects non-citizens who commit these specific theft offenses, making them ineligible to enter the U.S. or subject to removal. This changes immigration consequences for existing criminal offenses, not the crimes themselves.

Maddy summaryThis bill amends the Securities Exchange Act of 1934 to expand eligibility for certain capital access provisions. It directly affects rural-area small businesses by adding them to existing categories that qualify for streamlined capital-raising mechanisms previously limited to women-owned small businesses. The key change inserts "rural-area small businesses" into two specific sections of the law (paragraphs 4(j)(4)(C) and 4(j)(6)(B)(iii)), updating the rules for who can access these capital channels. This provides a concrete policy change by formally including rural small businesses in current regulatory frameworks designed to help small business owners raise capital. The bill does not create new funding programs but adjusts existing eligibility criteria under federal securities law.

Maddy summaryThe FIRM Act (HR 2702) prohibits federal banking agencies from considering "reputational risk" in supervising banks and credit unions. It requires agencies to remove all references to reputational risk - defined as concerns about negative publicity affecting an institution's reputation - from regulations, examinations, and enforcement actions. The bill directly affects depository institutions (banks and credit unions) and federal regulators like the FDIC and CFPB, banning them from using reputational risk as a basis for supervision or enforcement. This policy change aims to limit regulatory actions based on subjective public opinion rather than financial safety and soundness.

Maddy summaryThe Patriots Over Politics Act (HR 3619) allows veterans discharged between August 2021 and January 2023 solely for refusing a COVID-19 vaccine to transfer their earned educational benefits to eligible dependents. Veterans must initiate the transfer within 90 days of the bill’s enactment. Dependents can use the transferred benefits only after the veteran completed at least six years of military service - a requirement already met by these veterans prior to separation. This provision directly affects veterans separated for vaccine refusal during the specified period, providing a pathway to pass on unused education benefits.