Sen. Bill Cassidy

Maddy summaryThis bill amends the Community Development Banking and Financial Institutions Act of 1994 to require the Treasury Secretary to testify annually before Congress about the Fund's operations. It also strengthens the CDFI Bond Guarantee Program by adjusting guarantee limits and extending the program's authorization period. Additionally, the bill expands capital assistance options for community development financial institutions and creates a new lending program specifically for Native community development financial institutions to support homeownership in Tribal and Native communities.

Maddy summaryThe Gun Owner Registration Information Protection Act (S 3916) prohibits federal funding for state or local databases that track lawfully owned firearms or their owners. It defines such databases as those listing firearms possessed by individuals or the individuals themselves who legally own firearms. The bill allows federal funding for databases tracking lost or stolen firearms and their owners, but not for general ownership records. This would require states and localities to cover costs for firearms ownership databases using non-federal funds, shifting financial responsibility away from federal support.

Maddy summaryThis bill amends the Workforce Innovation and Opportunity Act to establish "employer-directed skills development" as a defined training program. It requires employers to pay a minimum portion of program costs (10% for small businesses with ≤50 employees, 25% for 50-100 employees, 50% for larger businesses) and commit to hiring participants upon successful completion. The bill updates performance metrics to track participation in these programs and revises administrative processes to prioritize employer referrals for training. These changes directly affect employers, workforce boards, and job seekers by shifting training design toward employer-specific needs with cost-sharing requirements.

Maddy summaryThis bill changes how U.S. Customs determines the value of imported goods for tariff purposes. It requires that for goods entering the U.S. through multiple sales, the price used for valuation must be the final sale price paid by the U.S. buyer before the goods enter the country, not earlier transactions. This directly affects importers who must now provide documentation showing this last sale price, and gives U.S. Customs and Border Protection (CBP) clearer authority to access business records for verification. The change aims to align customs valuation more closely with the actual transaction price paid by U.S. importers.

Critical Mineral Consistency Act of 2025 This bill modifies the Energy Act of 2020 to expand the definition of  critical minerals used by the U.S. Geological Survey (USGS) to include  critical materials designated by the Department of Energy (DOE). It also directs USGS to update its list within 45 days of DOE adding a  mineral, element, substance, or material to its critical materials list. Thus, the bill requires the lists to be treated consistently and makes critical materials eligible for the same benefits (e.g., financing support or clean energy tax credits) provided to critical minerals. By way of background, DOE's critical materials list contains certain materials that are essential for energy, including those on the critical minerals list of the USGS. The USGS's list, which contains certain minerals that are essential to the nation's economic or national security, is currently not required to include the materials on DOE's list.

Maddy summaryThis bill amends the Workforce Innovation and Opportunity Act to modernize "one-stop centers," which provide job training and employment services. It allows states to use virtual centers (like terminals providing service access) or shared centers across adjacent areas, instead of requiring one physical center per local area. It also mandates that states with physical centers must colocate employment service offices within those centers. These changes directly affect workforce development centers and job seekers accessing services through them.

Maddy summaryS 1369, the Protecting Global Fisheries Act of 2026, authorizes the U.S. government to impose sanctions on foreign vessels and entities involved in illegal, unreported, or unregulated (IUU) fishing or the illegal trade of endangered species. The bill targets foreign persons or vessels responsible for IUU fishing or illegal wildlife trade, including those acting on behalf of governments like China’s, with sanctions such as asset blocking, travel bans, port access denial, and financial restrictions. It requires the President to submit annual reports to Congress on sanctions implementation and mandates a detailed assessment of China’s IUU fishing activities and global enforcement efforts. The law includes exceptions for humanitarian aid, safety-related vessel provisions, and compliance with international agreements.

Maddy summaryS 3761, the Student Loan Bond Expansion Act of 2026, modifies federal tax rules to make it easier for states and local governments to issue bonds that fund student loans. The bill exempts "qualified student loan bonds" from two key restrictions: the annual limit on tax-exempt bond issuance (volume cap) and the alternative minimum tax calculation. This change allows more such bonds to be issued without triggering these tax rules, directly benefiting state or local entities that issue these bonds to support student loan programs. The law applies to bonds issued after the bill's enactment date.

Maddy summaryThe CLOSE Act terminates temporary pandemic unemployment benefit programs established under the CARES Act, including Pandemic Unemployment Assistance and Federal Pandemic Unemployment Compensation, after a 30-day grace period following enactment. It also cancels (rescinds) unused federal funds that were allocated for these programs but not yet spent. This directly affects states administering these benefits and individuals who received pandemic-era unemployment support. The bill stops future payments and returns unobligated funds to the Treasury without altering benefits already paid.

Safeguard American Voter Eligibility Act or the SAVE America Act This bill requires individuals to provide documentary proof of U.S. citizenship when registering to vote, and requires photo identification to vote, in federal elections. Specifically, the bill prohibits states from accepting and processing an application to register to vote in a federal election unless the applicant presents documentary proof of U.S. citizenship. The bill specifies what documents are considered acceptable proof of U.S. citizenship, such as identification that complies with the REAL ID Act of 2005 that indicates U.S. citizenship. Further, the bill (1) prohibits states from registering an individual to vote in a federal election unless, at the time the individual applies to register to vote, the individual provides documentary proof of U.S. citizenship; and (2) requires states to establish an alternative process to demonstrate U.S. citizenship. Each state must take affirmative steps on an ongoing basis to ensure that only U.S. citizens are registered to vote, which shall include establishing a program to identify individuals who are not U.S. citizens using information supplied by certain sources. Additionally, states must remove noncitizens from their official lists of eligible voters. The bill (1) provides for a private right of action for certain violations, and (2) establishes criminal penalties for certain offenses. Individuals voting in federal elections must present an eligible photo identification document. An individual who votes by absentee ballot must submit a copy of their identification document with both the request for, and the submission of, the absentee ballot.