This joint resolution nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the Internal Revenue Service (IRS) on December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.
This bill prohibits federal funds from covering gender transition procedures in any federal health program, including Medicaid, military health care, and federal employee benefits. It broadly defines "gender transition procedures" to include hormone treatments, surgeries (like hysterectomies or breast implants), and cosmetic procedures, while excluding treatment for disorders of sex development, medical emergencies, or precocious puberty. The bill also modifies the Affordable Care Act to block federal premium tax credits and cost-sharing subsidies for health plans covering these procedures, though it allows states or individuals to pay for separate coverage using non-federal funds. It directly affects federal health programs, Medicaid, and ACA marketplace plans by restricting federal funding for gender transition care.
S 974, the Taiwan Representative Office Act, would rename the Taipei Economic and Cultural Representative Office in Washington, D.C., to the "Taiwan Representative Office" and update all U.S. government references to reflect this change. The bill directs the Secretary of State to negotiate the name change, ensuring all U.S. laws, documents, and court records consistently refer to the renamed office for official purposes. It explicitly states this renaming does not restore diplomatic relations with Taiwan or alter U.S. policy on Taiwan’s international status, aligning with the Taiwan Relations Act and Six Assurances. The measure directly affects the office’s official designation and how U.S. agencies and courts reference it in all records.
This bill prohibits federal agencies from funding, supporting, or conducting research using human fetal tissue obtained from induced abortions. It allows federal research on tissue from miscarriages or stillbirths (defined as loss before 20 weeks or at 20+ weeks, respectively) and permits development of new cell lines not derived from abortion tissue. The bill amends the Public Health Service Act to restrict permissible tissue sources to miscarriage/stillbirth and revises definitions accordingly. It also repeals a prior provision allowing research on abortion-derived tissue and adds new restrictions on soliciting or accepting such tissue.
This bill amends the Internal Revenue Code to treat income from precious metals the same as income from foreign currencies for regulated investment companies (RICs), such as mutual funds. Specifically, it adds "precious metals" to the list of assets exempt from certain tax rules under Section 851(b)(2)(A). This change directly affects RICs that hold precious metals (like gold or silver) as part of their investment portfolios, aligning their tax treatment with that of foreign currency holdings. The policy shift removes a prior distinction in how RICs are taxed on income generated from these assets. The amendment applies to taxable years beginning after the bill's enactment date.
This bill repeals the EPA's 2024 emissions standards for light- and medium-duty vehicles and amends the Clean Air Act to prevent future regulations from mandating specific technologies or limiting new vehicle availability based on engine type. It directly affects the EPA's regulatory authority and vehicle manufacturers by blocking technology mandates and restrictions on engine types in new vehicles. Key provisions require the EPA to revise regulations within 24 months to align with these changes, ensuring no federal rules limit vehicle choices based on engine technology. The bill's title is misleading, as it does not address automobile retail sales or consumer choice at dealerships.
This bill amends the Clean Air Act to prevent states from imposing standards that limit the sale or use of new internal combustion engine vehicles. It adds a new requirement that state standards must not directly or indirectly restrict such vehicles, and it prohibits the EPA from considering pre-2025 state standards as valid under existing waivers. The bill also requires the EPA to revoke certain existing waivers granted between January 2022 and the bill's enactment date if those waivers don't comply with the new standard. This directly affects states with their own vehicle emission rules (like California's ZEV program), limiting their ability to regulate internal combustion engine vehicles through EPA-approved standards.
This joint resolution seeks to block a rule issued by the Consumer Financial Protection Bureau (CFPB) that would have prohibited creditors and credit reporting agencies from using medical debt in credit reports. The CFPB rule, published in January 2025, aimed to prevent medical information from affecting consumers' credit scores. If approved, this resolution would nullify the rule, meaning creditors and credit bureaus could continue using medical debt in credit decisions. The measure directly affects credit reporting practices and consumer credit evaluations.
S 929, the GATE Act of 2025, prohibits U.S. national laboratories from admitting or granting access to foreign nationals from China, Russia, Iran, North Korea, or Cuba for more than 30 days. The bill directly affects these foreign nationals seeking to access laboratory facilities, information, or technology, with exceptions for permanent residents or U.S. citizens. Key provisions require national laboratories to block such access immediately upon the bill's enactment, though the Energy Secretary may grant waivers if they certify national security benefits outweigh risks, with mandatory congressional notification within 30 days. The law aims to limit potential technology transfers to countries deemed security risks under U.S. policy.
The BITCOIN Act of 2025 requires the U.S. Treasury to establish a Strategic Bitcoin Reserve for government-held Bitcoin, directing the purchase of 200,000 Bitcoins annually for five years (1 million total). All government Bitcoin holdings must be stored in decentralized cold storage facilities across the U.S. with a mandatory 20-year holding period during which the Bitcoin cannot be sold or disposed of. The Treasury must publish annual reports and implement a "Proof of Reserve" system for transparency, funded through Federal Reserve remittances and proceeds from gold certificate sales. The bill also allows states to voluntarily place their Bitcoin in segregated accounts within the reserve while affirming private property rights for individuals holding Bitcoin.
This bill changes federal gun laws to directly benefit spouses of active-duty military members stationed overseas. It amends laws to explicitly allow spouses to receive firearms or ammunition from their service-member spouses at overseas duty stations (previously only the service member could). It also updates residency rules so spouses are treated as residents of the state where their service member is stationed for firearm law purposes, rather than their home state. These changes simplify legal firearm access for military families living abroad and take effect 180 days after the bill becomes law.
This bill modernizes loan limits for manufactured and modular homes under the National Housing Act. It significantly increases funding caps - raising single-family improvement loans to $150,000 (from $75,000), single-section manufactured home purchases to $195,322 (from $106,405), and multi-section home+lot financing to $238,699 (from $149,782). The bill also adds new provisions for accessory dwelling unit construction loans and requires annual indexing of loan limits based on HUD’s data. Additionally, it mandates a HUD study on factory-built housing cost efficiency, including manufacturing savings, maintenance costs, and potential uses beyond single-family homes.
