Maddy summaryThis bill amends existing U.S. laws to require only foreign-owned companies registered in the United States to report beneficial ownership information, while exempting domestic U.S. entities from these filing requirements. Under the new rules, foreign corporations must disclose details about their owners, but any beneficial owners who are U.S. persons will not be required to provide this data. Additionally, the Financial Crimes Enforcement Network is directed to delete all previously collected ownership information related to U.S. persons while retaining records for non-U.S. individuals. The legislation effectively narrows the scope of the current reporting system to focus exclusively on foreign entities operating within the United States.
Sponsored bills
Maddy summaryThis Senate resolution designates April 2026 as Second Chance Month to raise awareness about the challenges faced by individuals with criminal records as they reenter society. The bill highlights how legal and societal barriers, such as restrictions on employment, housing, and education, often prevent formerly incarcerated people from finding meaningful work and rebuilding their lives. By honoring the work of communities and organizations that support reentry, the resolution encourages employers and the public to consider extending second chances to those who have completed their sentences. The designation aims to promote understanding of these obstacles and foster opportunities for individuals to contribute positively to their families and communities.
Maddy summaryThe CDL Act requires federally recognized driver's licenses to explicitly state whether the holder is a U.S. citizen or not. This rule applies to all new state-issued licenses and identification cards starting 60 days after the law is enacted. Additionally, the bill sets stricter standards for commercial driver's licenses by mandating that states verify a driver is a U.S. national, a permanent resident, or a specific type of nonimmigrant visa holder before issuing a federally recognized license. These changes directly affect state motor vehicle agencies and individuals seeking or holding driver's licenses.
Maddy summaryThe Medicare Advantage Improvement Act of 2026 aims to speed up care decisions and increase transparency for Medicare Advantage enrollees by establishing strict time limits for insurance plan responses to requests for coverage authorization. Beginning in 2028, plans must provide real-time approvals for low-risk services, respond to other authorization requests within 72 hours, and automatically pay claims for authorized services without manual review. The bill also prohibits plans from requiring new authorizations for clinically necessary changes to already approved treatments and mandates that medical necessity standards match those used in traditional Medicare. To ensure accountability, the legislation introduces a new compliance scoring system that could reduce payments to plans failing to meet these requirements and adds a specific domain to the public star ratings based on adherence to these rules.
Maddy summaryThe Protecting American Taxpayers Act aims to reduce government waste and fraud by requiring stricter oversight of federal programs and extending legal deadlines for prosecuting pandemic-related violations. It mandates that child care payments be based on recorded attendance rather than enrollment alone and requires agencies to report when health care spending or provider numbers spike by more than 100 percent in specific areas. The bill also prohibits small businesses from receiving federal loans or grants if an owner or key employee has been convicted of financial misconduct, while simultaneously banning foreign entities controlled by agents from certain listed countries from receiving U.S. financial assistance. Additionally, the legislation seeks to increase transparency by requiring agencies to publicly report on improper payments and other transaction agreements, and it expands whistleblower protections for employees of defense and non-defense contractors who report waste or misconduct.
Maddy summaryThis Senate Resolution expresses profound sorrow and deep regret at the passing of Carlos Ray "Chuck" Norris. It commemorates his life, detailing his military service, martial arts career, acting roles, charitable work, and impact on popular culture, and requests that the resolution be communicated to the House of Representatives.
Maddy summaryThis bill amends the Title X family planning program to prohibit the use of federal funds for entities that perform or financially support abortions. It allows exceptions for cases involving rape, incest, or life-threatening medical conditions, while also permitting hospitals to receive funding as long as they do not give those funds to non-hospital abortion providers. To enforce these rules, the bill requires the Secretary of Health and Human Services to submit annual reports detailing which organizations receive grants and the specific number of abortions performed under the medical and criminal exceptions.
Ensuring Access to Lower-Cost Medicines for Seniors Act This bill requires prescription drug plans under the Medicare prescription drug benefit to include generic drugs and biosimilars on their formularies. Specifically, the bill requires plans that use formularies to include generic drugs and biosimilars on the formularies and without any requirements (e.g., prior authorization requirements) that are more restrictive as compared to those for brand-name drugs and biologics. Plans that use cost-sharing tiers must also have specific tiers for generic drugs and biosimilars, in accordance with certain limitations.
Maddy summaryThe Combating Illicit Xylazine Act places xylazine - a veterinary sedative increasingly found in illicit drug mixtures - into Schedule III of the Controlled Substances Act, subjecting it to federal regulation as a controlled substance. It specifically allows veterinary use without requiring registration of the ultimate user (e.g., pet owners or veterinarians) if xylazine is dispensed by a registered veterinarian or pharmacy with a vet prescription and used for animals owned by the user, under their care, or in authorized animal programs. The bill provides a one-year delay for labeling and packaging requirements and a 60-day delay for registration and recordkeeping for veterinary use to ease implementation. Additionally, it adds xylazine to the Arcos tracking system for controlled substances and mandates two congressional reports on illicit use prevalence within 18 months and 4 years of enactment.
Maddy summaryThis bill, the Retirement Annuity Supplement Clarity Act, clarifies how federal retirement annuity supplements are divided in court orders, such as divorce decrees. For future court orders, these supplements will be included in the division of an annuity unless the order specifically states otherwise. The bill also provides a one-time payment to certain federal retirees whose annuity supplements were retroactively divided by the Office of Personnel Management between 2016 and the bill's enactment, despite their court orders being silent or excluding the supplement. Additionally, any related overpayments made to annuitants or former spouses before the bill's enactment are waived.