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We have received text from H.R. 556: Protecting Access for Hunters and Anglers Act of 2025. This bill was received on 2025-01-16, and currently has 63 cosponsors.

Here is a short summary of the bill:

This bill, known as the Protecting Access for Hunters and Anglers Act of 2025, aims to regulate the use of lead ammunition and tackle on federal lands and waters that are available for hunting and fishing. Here are the key points of the bill:

Prohibitions on Regulations

The bill prohibits the following actions by the Secretary of the Interior and the Secretary of Agriculture:

1. They cannot ban the use of lead ammunition or tackle on federal lands or waters that are:

   • Under the jurisdiction of either Secretary.

   • Designated for hunting or fishing activities.

2. They cannot set regulations concerning the permissible levels of lead in ammunition or tackle used in those areas.

Exceptions to the Prohibition

There are exceptions to these prohibitions:

• If a specific area of federal land or water is experiencing a decline in wildlife populations that is linked to lead ammunition or tackle, the applicable Secretary may implement bans or regulations. However, this is contingent on:

• Field data showing that the decline in wildlife population is primarily due to the use of lead.

• The prohibition or regulations must be:

  1. Consistent with state law.

  2. In accordance with applicable state fish and wildlife department policies.

  3. Approved by the relevant state fish and wildlife department.

Federal Register Requirement

If any prohibitions or regulations are implemented under the exceptions stated above, the applicable Secretary is required to provide an explanation in a Federal Register notice detailing how these actions meet the outlined requirements.

Impact on Hunters and Anglers

The aim of this legislation is to ensure that hunters and anglers have continued access to use lead ammunition and tackle on federal lands and waters unless there is clear evidence that it is harming wildlife populations in a specific area. This could potentially affect wildlife management strategies and hunting practices across federal land.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 450: Fighting Oppression until the Reign of Castro Ends. This bill was received on 2025-01-15, and currently has 30 cosponsors.

Here is a short summary of the bill:

This bill, titled the "Fighting Oppression until the Reign of Castro Ends Act," seeks to maintain Cuba's designation as a state sponsor of terrorism. Specifically, it prohibits the President and the Secretary of State from removing Cuba from this list until certain conditions are met, as outlined in a previous law known as the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996.

Key Provisions

• Prohibition on Removal: The main function of the bill is to ensure that Cuba cannot be taken off the list of state sponsors of terrorism without the President making a specific determination required by the LIBERTAD Act.
• Definition of State Sponsor of Terrorism: The bill reinforces what constitutes a "state sponsor of terrorism." This refers to countries that have been found by the Secretary of State to provide repeated support for international terrorism. The determination must align with several laws that define criteria for such a designation.

Background Context

In U.S. law, being labeled a state sponsor of terrorism can have significant consequences, including restrictions on foreign aid, trade sanctions, and limitations on defense exports. The designation can influence diplomatic relations and affect the actions of other countries and organizations regarding the designated state.

Connection to Previous Legislation

The bill references the LIBERTAD Act, which was enacted in 1996 to promote freedom and democracy in Cuba. This historical context indicates that U.S. policy towards Cuba is deeply intertwined with concerns over human rights and governance in the country.

Implications

If this bill passes, it would impact U.S. foreign policy regarding Cuba significantly, reinforcing the current stance that Cuba supports international terrorism until proven otherwise according to the outlined criteria. The legislation aims to ensure that any decision to remove Cuba from this list includes rigorous compliance with established national interests related to terrorism and human rights.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 520: Empowering Law Enforcement To Fight Sex Trafficking Demand Act of 2025. This bill was received on 2025-01-16, and currently has 21 cosponsors.

Here is a short summary of the bill:

This bill, titled the "Empowering Law Enforcement To Fight Sex Trafficking Demand Act of 2025," aims to provide law enforcement and related agencies with additional funding to combat human trafficking. Specifically, it proposes to amend an existing law, the Omnibus Crime Control and Safe Streets Act of 1968, by allowing funds from the Byrne Justice Assistance Grants (Byrne JAG) program to be used for programs focused on reducing human trafficking and the demand for trafficked persons.

Key Components of the Bill

• Byrne JAG Program: The Byrne JAG program is a federal program that provides grants to state and local governments to enhance law enforcement and community safety efforts. The bill seeks to broaden the ways these funds can be utilized.
• Combatting Human Trafficking: By adding specific authorization for programs aimed at combating human trafficking, the bill emphasizes the importance of reducing demand for trafficked individuals as a critical aspect of the broader fight against this issue.
• Focus on Demand Reduction: The bill recognizes that tackling the demand for human trafficking is essential to diminishing its prevalence and aims to fund programs that specifically target this aspect.

Legislative Process

Upon introduction, the bill has been referred to the House Committee on the Judiciary for further consideration. If it passes through the committee and the House, it would then be considered by the Senate and, if approved, sent to the President for signing into law.

Implications

The approval of this bill would enable law enforcement agencies to access additional resources dedicated to tackling human trafficking and enhancing their investigative capabilities. This may involve funding training programs for officers, public awareness campaigns, and partnerships with non-profit organizations focused on victim support.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 465: Old Glory Only Act. This bill was received on 2025-01-15, and currently has 28 cosponsors.

Here is a short summary of the bill:

This bill, titled the Old Glory Only Act , aims to establish a requirement regarding the flags that can be flown at United States diplomatic and consular posts. Here are the main provisions outlined in the bill:

Overview of the Bill

• The bill stipulates that only the United States flag can be flown over any diplomatic or consular post operated by the U.S. government.
• The Secretary of State would be responsible for enforcing this provision to ensure compliance.

Purpose of the Bill

The intent of this legislation is to maintain a uniform representation of the United States at its diplomatic missions worldwide. By limiting the flags displayed to only the U.S. flag, the bill seeks to present a consistent American identity and avoid any potential international conflicts or misunderstandings that may arise from flying additional flags.

Implementation

• The Secretary of State would be instructed to oversee the implementation of this rule across all U.S. diplomatic and consular posts.
• This would mean that any existing practices of flying other flags (for example, host nation flags or flags of specific states or regions within the U.S.) would have to cease.

Potential Impact

By formalizing this requirement, the bill could have implications for how U.S. embassies and consulates operate in terms of their internal and external communications and the symbols they use to represent the United States at their locations.

Compliance and Consequences

The bill does not specify any penalties for non-compliance, but the expectation is that the Secretary of State will take necessary measures to ensure adherence to the law.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 551: Make the Migrant Protection Protocols Mandatory Act of 2025. This bill was received on 2025-01-16, and currently has 33 cosponsors.

Here is a short summary of the bill:

This bill, titled the Make the Migrant Protection Protocols Mandatory Act of 2025 , proposes to amend the Immigration and Nationality Act to make the Migrant Protection Protocols (MPP) a requirement. Currently, the law includes a provision (section 235(b)(2)(C)) that allows for the implementation of MPP, but does not compel it; instead, it uses the word “may.” This bill seeks to change “may” to “shall,” which would enforce mandatory implementation of these protocols.

Migrant Protection Protocols (MPP)

The Migrant Protection Protocols are policies that require certain individuals, who are awaiting immigration proceedings, to remain in Mexico while their asylum cases are processed rather than allowing them to stay in the United States during this time. MPP was initially introduced in 2019 and has been a significant aspect of the U.S. immigration policy regarding asylum seekers.

Key Changes Proposed by the Bill

• Mandatory Enforcement: The main change is that immigration authorities would be required to implement the MPP for applicable cases. This means that if someone is seeking asylum and falls under the criteria set forth by this protocol, they must be returned to Mexico pending their court hearings.
• Impact on Asylum Seekers: This shift from “may” to “shall” would mean that individuals applying for asylum at the U.S. border would have to wait in Mexico, potentially affecting their safety and access to legal support while they await their hearing.
• Legal and Procedural Implications: The bill may lead to more complex legal proceedings as refugees and migrants navigate the requirements to stay in another country while their U.S. immigration claims are processed.

Potential Effects

By making MPP mandatory, there might be changes to how immigration enforcement is executed at U.S. borders. This could lead to an increase in apprehensions at the southern border, as individuals may choose to adhere to the protocols or face immediate deportation if they do not comply.

Additionally, the bill could lead to increased resources being allocated for the processing of asylum claims due to the mandatory nature of MPP, as well as potentially increasing the burden on border countries like Mexico to provide for individuals who are returned.

Relevant Companies

• CSL Limited (CSL) - Involved in the health care and biotechnology sectors; may be impacted due to shifts in health resource allocation concerning asylum seekers in Mexico.
• Cheniere Energy (LNG) - A company engaged in the energy sector that may face operational challenges tied to shifts in immigration labor availability.
• Macerich Company (MAC) - A real estate investment trust that may see effects related to economic conditions in border communities.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 491: Equal COLA Act. This bill was received on 2025-01-16, and currently has 39 cosponsors.

Here is a short summary of the bill:

This bill, titled the Equal COLA Act , aims to make changes to how cost-of-living adjustments (COLAs) are applied to retirement annuities for federal employees. Specifically, it intends to achieve parity between the adjustments made for the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS). The key points of this bill are as follows:

1. Adjustments to Annuity Increases

The bill proposes that starting December 1 of each year, all annuities from the FERS will be increased based on the percent change in the price index from the previous year. This means that the adjustments are designed to reflect inflation and the changes in living costs.

2. Application of the Adjustment

The proposed amendment will apply to:

• Any COLA made after the enactment of this Act: This means that all future adjustments will take into account the new method of calculation.
• Any annuity that is under the section: This includes annuities that commenced before, on, or after the enactment date of the bill.

3. Purpose of the Changes

The motivation behind the bill is to provide equal treatment regarding cost-of-living increases between the two retirement systems—ensuring that federal employees covered by FERS receive adjustment increases that are consistent with those provided to CSRS beneficiaries.

4. Legislative Process

The bill was introduced by Mr. Connolly and co-sponsored by several other representatives. It has been referred to the Committee on Oversight and Government Reform for further consideration.

5. Implications

If passed, this bill is expected to adjust the way federal employees' retirement benefits are calculated in relation to inflation, potentially benefiting many retirees who are covered by the FERS.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 492: Saving the Civil Service Act. This bill was received on 2025-01-16, and currently has 58 cosponsors.

Here is a short summary of the bill:

This bill, titled the Saving the Civil Service Act , aims to prohibit certain changes to the classification of federal employment positions, particularly concerning the transfer of employees between competitive service and excepted service roles. Here is a summary of the key provisions of the bill:

Prohibition of Schedule F

The bill specifically targets the establishment of "schedule F," which was created to reclassify certain federal positions for categories that are exempt from the standard hiring and employment protections found in the competitive service. The bill prohibits any exceptions to competitive service unless they meet specific criteria outlined in existing regulations.

Limitations on Excepted Service Positions

Positions within the competitive service cannot be reclassified as excepted service unless they are placed in one of five predefined schedules (A to E) or under specific conditions established prior to September 30, 2020. The bill ensures that transfers to and from excepted service follow stringent rules:

• A position in the excepted service cannot be shifted to any other schedule outside those defined in the bill.
• Any transfer from competitive to excepted service requires the prior consent of the Director of the Office of Personnel Management.

Transfer Limits During Presidential Terms

The bill sets limits on the number of positions that can be transferred from competitive service to excepted service during any four-year presidential term. Specifically, no more than:

• One percent of the agency's total employees as of the beginning of the term can be moved, or
• Five employees, whichever amount is greater.

Employee Consent Requirements

Before transferring positions, the bill mandates that:

• Employees currently in excepted service must provide written consent to be transferred to a different excepted service schedule.
• Employees in competitive service must also give their written consent to be moved into excepted service.

Regulatory Framework

The Director of the Office of Personnel Management is required to issue regulations to implement these provisions effectively. Additionally, the bill expressly applies to certain positions outlined in Chapter 73 or 74 of Title 38 of the United States Code, ensuring that its provisions cover a broad range of federal employment scenarios.

Definitions

The bill includes definitions for key terms such as:

• Agency: Any department, agency, or instrumentality of the Federal Government.
• Competitive Service: Defined by Section 2102 of Title 5, United States Code.
• Director: Refers to the Director of the Office of Personnel Management.
• Excepted Service: Defined by Section 2103 of Title 5, United States Code.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 519: Federal Subaward Reporting System Modernization and Expansion Act. This bill was received on 2025-01-16, and currently has 6 cosponsors.

Here is a short summary of the bill:

This bill, known as the Federal Subaward Reporting System Modernization and Expansion Act, aims to improve the reporting system for federal subawards to ensure that it operates effectively and efficiently. Here’s a breakdown of the key provisions in layman’s terms:

1. Purpose of the Bill

The bill requires a detailed review and modernization of the current federal subaward reporting system, which is designed to track how federal funds are distributed to subrecipients through prime awards. This is essential for ensuring transparency and accountability in federal spending.

2. Inspector General’s Report

Within 180 days of the bill becoming law, the Inspector General of the General Services Administration is tasked with submitting a report to Congress. This report must include:

• A thorough evaluation of issues in the current federal subaward reporting system that lead to inaccuracies and incomplete data.
• An assessment of how effective and efficient the system is, focusing on several aspects, such as:
  • The accuracy and completeness of reported subaward data.
  • Consistency of reporting requirements across different federal agencies.
  • The burden placed on federal award recipients to comply with these reporting requirements.
  • The accessibility of subaward data for public and stakeholder use.
  • Enforcement mechanisms that ensure compliance with reporting standards.
• Specific recommendations for improving the system based on the evaluations conducted.

3. Plan for Improvement

One year after the bill's enactment, and on an annual basis until fully implemented, the Administrator of the General Services Administration must submit a plan of action aimed at updating the subaward reporting system. This plan will focus on:

• Enhancing the accuracy and completeness of the reported subaward data.
• Standardizing reporting requirements across all federal agencies, including mandates for agencies that do not issue subawards.
• Reducing the compliance burden on federal award recipients.
• Improving public access and availability of subaward information.
• Strengthening enforcement measures to ensure adherence to reporting requirements.

4. Expansion of Reporting Requirements

Beginning one year after the initial improvement plan is submitted, federal agencies will be required to collect information on the first two tiers of subawards from federal awards. This must include:

• Data elements necessary for compliance with existing federal transparency laws.
• Standardized reporting practices across agencies.
• Efforts to alleviate the reporting burden on recipients.
• Provisions that facilitate public access to subaward data.
• Robust enforcement mechanisms for compliance monitoring.

The implementation of these expanded reporting requirements must begin within two years of the bill's passage.

5. Ongoing Reporting and Oversight

After the plan for subaward reporting expansion is developed, the Administrator must periodically update Congress on the progress of the plan until it is fully executed.

6. Definitions

The bill also provides specific definitions for essential terms used within the context of federal funding and reporting, such as "Administrator," "Federal agency," "Federal award," and "subaward reporting system."

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 468: Mel’s Law. This bill was received on 2025-01-15, and currently has 5 cosponsors.

Here is a short summary of the bill:

This bill, titled "Mel’s Law," aims to amend the Higher Education Act of 1965 to require institutions of higher education to implement a policy for awarding posthumous degrees. Here are the key aspects of the bill:

Posthumous Degree Awarding Requirement

The bill stipulates that for colleges and universities to participate in federal student aid programs, they must certify that they have established a policy that allows them to award posthumous degrees. A posthumous degree can be awarded to a deceased student who meets the following criteria:

• The student was enrolled in a degree program at the institution.
• The student died before completing the degree program.
• The student was in good academic standing that would have qualified them for graduation at the time of their death, as determined by the institution.

Accreditation Standards

The bill also amends the accreditation criteria for higher education institutions. It ensures that when agencies or associations evaluate institutions for accreditation, they will not consider the number of posthumous degrees awarded by those institutions. This is to prevent any potential negative impact on an institution's accreditation based on their policy or practice regarding posthumous degrees.

Effective Date

The provisions of this bill will take effect one year after it is enacted into law.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 493: Federal Adjustment of Income Rates Act. This bill was received on 2025-01-16, and currently has 17 cosponsors.

Here is a short summary of the bill:

This bill, known as the Federal Adjustment of Income Rates Act (FAIR Act), aims to increase pay rates for federal employees. Here are the key components of the bill:

Adjustment to Rates of Pay

• Statutory Pay Systems: For the year 2026, the basic pay rates for federal employees under statutory pay systems will be adjusted by 3.3% .
• Prevailing Rate Employees: The bill also specifies that for fiscal year 2026, the pay rates for prevailing rate employees—those who are paid based on market rates in a given geographic area—will see a similar increase of 3.3% . This adjustment takes place regardless of standard wage survey requirements.

Adjustment to Locality Pay

• The bill proposes that locality pay, which is additional compensation based on the cost of living in different areas, will be increased by 1% for calendar year 2026.

The overall goal of this legislation is to ensure that federal employees receive a fair adjustment in their pay to keep up with economic conditions and cost-of-living changes.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 521: Ending Presidential Overreach on Public Lands Act. This bill was received on 2025-01-16, and currently has 14 cosponsors.

Here is a short summary of the bill:

This bill, known as the "Ending Presidential Overreach on Public Lands Act," proposes to change how national monuments are established or extended in the United States. The key points of the bill are as follows:

Key Provisions

• The bill specifically targets national monuments, which are protected areas established to preserve significant natural, historical, or archaeological sites.
• Currently, the President can designate or expand national monuments using the Antiquities Act, which gives this authority to the executive branch.
• If this bill is passed, the power to establish or extend national monuments would be reserved exclusively for Congress. This means that any new designations or expansions would require a specific act of legislation by Congress, rather than a unilateral decision by the President.

Objective

The primary objective of this legislation is to limit presidential authority in managing public lands and ensure that Congress has a direct role in the designation of national monuments. Proponents may view this as a way to enhance democratic oversight and accountability regarding public land management.

Potential Implications

• Increased Congressional Involvement: Congress would need to debate and pass legislation to create or expand national monuments, which could make the process longer and potentially more contentious.
• Impact on Existing Monuments: The bill does not specify whether it would apply retroactively to existing national monuments. This may lead to questions about the status of currently designated areas.
• Land Management Policies: Changes in who holds the authority to designate national monuments could influence broader land management policies and conservation strategies in the future.

Legislative Process

This bill has been introduced in the House of Representatives and is currently referred to the Committee on Natural Resources for consideration. The passage of this bill would require approval from both houses of Congress and the President.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 523: Permanent Tax Cuts for American Families Act of 2025. This bill was received on 2025-01-16, and currently has 13 cosponsors.

Here is a short summary of the bill:

This bill, titled the Permanent Tax Cuts for American Families Act of 2025 , aims to make significant changes to the standard deduction in the U.S. tax system, particularly focusing on increasing the amounts and ensuring they remain in effect indefinitely.

Key Changes Proposed by the Bill

• Increase in Standard Deduction:
  • The standard deduction for married couples filing jointly would be increased from $4,400 to $18,000 .
  • The standard deduction for single filers would be increased from $3,000 to $12,000 .
• Inflation Adjustment:
  • The bill includes a provision that will allow the standard deduction amounts to be adjusted annually for inflation. This means that each year, the standard deduction can be increased based on the cost-of-living adjustments, ensuring that the real value of the deduction does not diminish over time.
  • Specifically, adjustments would relate to changes in the Consumer Price Index (CPI), ensuring that the deduction reflects the cost of living in the years following the enactment of the bill.
• Removal of Certain Provisions:
  • The bill proposes to strike a specific paragraph (paragraph (7)) from the existing tax code related to the standard deduction, which may be intended to simplify the tax structure associated with it.

Effective Date

The changes proposed in this bill would take effect for taxable years beginning after the enactment of the legislation. This means that once the bill becomes law, the new standard deduction amounts and their indexation for inflation would apply starting with the next tax year.

Overall Impact

The bill aims to benefit taxpayers by allowing them to deduct a larger portion from their taxable income, thereby potentially reducing their overall tax liability. The inflation adjustment mechanism is designed to help maintain the purchasing power of the standard deduction over time, making tax burdens more manageable for families and individuals.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 547: No Child Tax Credit for Illegals Act of 2025. This bill was received on 2025-01-16, and currently has 9 cosponsors.

Here is a short summary of the bill:

This bill, titled the No Child Tax Credit for Illegals Act of 2025 , proposes several amendments to the Internal Revenue Code of 1986, specifically concerning the Child Tax Credit. Below are the key provisions of the bill:

Social Security Number Requirement

The main purpose of the bill is to require taxpayers to include a valid social security number for themselves and each qualifying child when claiming the Child Tax Credit. This requirement is set out as follows:

• General Rule: Taxpayers must provide their own social security number, and the social security number of any qualifying child, to be eligible for the Child Tax Credit.
• Joint Returns: For couples filing jointly, both spouses must provide their social security numbers.
• Exception for Armed Forces: Members of the Armed Forces may provide the social security number of either spouse instead of both.

Definition of Social Security Number

For the purposes of this bill, a "social security number" must be issued by the Social Security Administration and must be:

• Granted to a citizen of the United States, or
• Issued under specific conditions outlined in the Social Security Act.
• It must be acquired before the due date for filing the tax return.

Omission as a Clerical Error

The bill also mandates that if a taxpayer fails to provide the required social security number, this omission will be treated as a mathematical or clerical error when processing the tax return.

Conforming Amendments

Additional adjustments are made to remove a specific paragraph from the existing law that pertains to taxpayer identification numbers (TINs), aligning it with the new requirement for social security numbers.

Effective Date

The proposed changes would apply to tax years that begin after the bill is enacted.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 495: Subterranean Border Defense Act. This bill was received on 2025-01-16, and currently has 7 cosponsors.

Here is a short summary of the bill:

The bill, known as the Subterranean Border Defense Act, aims to enhance the oversight and reporting of operations related to detecting and countering illicit cross-border tunnel activities. Specifically, it introduces a requirement for annual reports detailing efforts to combat these illicit tunnels, which are often used for smuggling drugs, humans, and other contrabands across borders.

Key Provisions

• Annual Reporting Requirement: The bill mandates that the Department of Homeland Security (DHS) prepare and submit annual reports that outline the strategic plan and ongoing operations to counter illicit cross-border tunnel activities.
• Focus on Counter-Tunnel Operations: It emphasizes the importance of developing strategies to detect and eliminate tunnels that may be utilized for illegal activities extending from Mexico and potentially other locations.
• Integration with Existing Frameworks: This legislation amends a previous law, specifically the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023, to include a provision for these annual reports.

Purpose of the Bill

The overall purpose of the Subterranean Border Defense Act is to provide enhanced accountability and transparency regarding the actions taken by the DHS to address the problem of cross-border tunnels. By requiring annual documentation and assessment, the legislation aims to improve the effectiveness of counter-tunnel operations and ensure that resources are allocated efficiently to combat the use of tunnels for illicit activities.

Implications

This bill may result in the increased allocation of resources to tunnel detection and disruption efforts, potentially leading to more comprehensive strategies in border security practices. The annual reporting framework could also help in assessing the effectiveness of current measures and in informing policymakers about the state of tunnels used for illegal activities.

Relevant Companies

• CSCO - Cisco Systems may be involved as a provider of technology solutions for border security systems, including surveillance and tunnel detection technologies.
• ADT - ADT Security Services could be impacted as they offer security systems that may play a role in monitoring and protecting border areas.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The House has passed H.R. 35 - Agent Raul Gonzalez Officer Safety Act. This bill was introduced by Representative Juan Ciscomani.

The vote was 264-155.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 35 bill page.

Here is a short summary of a January 3, 2025 version of the bill.

H.R. 35 - Agent Raul Gonzalez Officer Safety Act Summary

This bill, known as the Agent Raul Gonzalez Officer Safety Act, aims to address the issue of individuals who intentionally flee from federal officers while operating a motor vehicle. It introduces new criminal penalties and immigration consequences for these actions, particularly near the U.S. border.

Key Provisions

Criminal Penalties for Evading Arrest

The bill amends federal law to establish that:

• A person commits an offense if they operate a motor vehicle and intentionally flee from:
• A U.S. Border Patrol agent who is acting lawfully.
• Any federal, state, or local law enforcement officer who is assisting or under the command of a U.S. Border Patrol agent, within 100 miles of the U.S. border.

Penalties for Offenses

The penalties for evading arrest or detention while operating a vehicle are categorized based on the outcomes of the flight:

• If no serious harm occurs, the offender may face:
• Up to 2 years in prison.
• Fines.
• If serious bodily injury results, the penalties increase to:
• 5 to 20 years in prison.
• Fines.
• If the action results in a death, the penalties become significantly more severe, including:
• 10 years to life in prison.
• Fines.

Immigration Consequences

The bill also impacts immigration laws by establishing that:

• Individuals convicted of evading arrest or detention while driving would be classified as inadmissible to the U.S.
• Such individuals may also face deportation if convicted.
• Conviction would make an individual ineligible for various forms of relief under immigration laws, including asylum.

Annual Reporting Requirement

The bill mandates that the Attorney General, in coordination with the Secretary of Homeland Security, produce an annual report detailing:

• The number of people who violate the new section regarding evasion.
• Statistics on charges, apprehensions, and penalties related to these violations.

Relevant Companies

None found

This article is not financial advice. Bill summaries may be unreliable. Consult Congress.gov for full bill text. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 500: Medicare Hearing Aid Coverage Act of 2025. This bill was received on 2025-01-16, and currently has 24 cosponsors.

Here is a short summary of the bill:

This bill, known as the Medicare Hearing Aid Coverage Act of 2025, aims to amend the Social Security Act to expand Medicare coverage regarding hearing aids and the associated examinations. Here are the main points of the bill:

Removal of Coverage Exclusion

The bill intends to eliminate the existing exclusion within Medicare that currently prevents coverage for hearing aids and the examinations required to obtain them. Specifically, it would amend Section 1862(a)(7) of the Social Security Act by removing the phrase that explicitly excludes "hearing aids or examinations therefor." This change would allow Medicare to cover these services beginning January 1, 2026.

Study on Hearing Aid Programs

In addition to the coverage changes, the bill mandates that the Comptroller General of the United States conduct a comprehensive study on programs that provide assistance for hearing aids and related examinations. The study will focus on:

• Identifying the number of individuals in the United States who require hearing aids and their current coverage under federal and private programs.
• Evaluating the effectiveness of these programs in meeting the needs of individuals with hearing loss.
• Investigating existing programs aimed at reducing or mitigating hearing loss.

The findings from this study will be reported to Congress within 18 months of the effective date of the coverage change. The report may also include recommendations for new programs or modifications to existing ones to better serve individuals with hearing loss.

Implementation Timeline

The changes brought about by this legislation will take effect on January 1, 2026. After this date, individuals eligible for Medicare will have access to coverage for hearing aids and the necessary evaluations.

Potential Implications

This legislation would potentially impact the way hearing aids are accessed and financed for Medicare beneficiaries, aiming to improve both availability and affordability of these essential devices and services.

Relevant Companies

• DEO - Companies that produce hearing aids may see a direct impact from an increased demand for their products as more individuals gain access to coverage under Medicare.
• HSIC - Health sciences companies involved in diagnostic equipment and audiology may experience changes in service utilization related to Medicare coverage.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 506: Security First Act. This bill was received on 2025-01-16, and currently has 15 cosponsors.

Here is a short summary of the bill:

The bill, titled the Security First Act, is intended to enhance U.S. border security and combat organized crime and terrorism associated with drug cartels and transnational criminal organizations. Here is a breakdown of its main components:

1. Purpose of the Act

The Act aims to address significant security concerns at the Southwest border with Mexico, including a large number of encounters with individuals crossing the border, the issue of “gotaways” who evade Border Patrol, and the threat from individuals on terrorist watchlists. The bill emphasizes the need for better resources for federal, state, and local law enforcement agencies tasked with border security.

2. Funding for Operation Stonegarden

• Appropriations: The bill authorizes $110 million annually from fiscal years 2025 to 2028 for the Operation Stonegarden grant program, which supports local law enforcement in border operations.
• Technology and Equipment: It also provides for at least $36.67 million each year to procure necessary technology and equipment such as communication systems, sensors, and drones.
• Creation of a Trust Fund: A trust fund will be established to manage these funds, sourced from unreported monetary seizures made by U.S. Customs and Border Protection at the U.S.-Mexico border.

3. Designation of Foreign Terrorist Organizations

• Report Submission: The Secretary of State must report within 60 days of enactment on whether specific Mexican drug cartels and criminal gangs meet the criteria for being designated as foreign terrorist organizations.
• Specified Groups: The bill identifies groups such as the Jalisco New Generation Cartel, Sinaloa Cartel, and Tren De Aragua for consideration.

4. Technology Needs Analysis

The bill mandates a comprehensive analysis of the technology needs for border security. This analysis must cover:

• Assessment of current and needed technologies for preventing terrorism and cross-border crime.
• Recent advancements in various technological domains that could enhance security operations.

Once the initial analysis is submitted, there will be biannual updates for four years to reassess the technology needs and effectiveness.

5. Hiring Practices Report

Within 120 days following the enactment, the Secretary of Homeland Security is required to submit a report detailing the hiring practices from 2018 to 2024, offering insights into recruitment and recommendations for strengthening the department’s operational capacity.

6. Overall Goals

The overarching goal of the Security First Act is to strengthen border security through better funding, technological advancements, and enhanced coordination among various law enforcement agencies. It recognizes the critical role that local law enforcement plays in federal border security operations and seeks to provide adequate resources to effectively manage threats.

Relevant Companies

• BA - Boeing : As a significant manufacturer of drones and other surveillance technologies, Boeing may see increased demand for their products in response to the bill's emphasis on technological procurement for border security.
• RTN - Raytheon Technologies : Raytheon, known for its advanced defensive technologies, could experience heightened interest in its security and surveillance systems due to new funding and requirements set by the bill.
• FLIR - Teledyne FLIR : A key provider of surveillance and imaging technologies, FLIR could see growth in contracts for equipment provision as border technology needs expand.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 530: ACES Act. This bill was received on 2025-01-16, and currently has 19 cosponsors.

Here is a short summary of the bill:

This bill, known as the ACES Act, proposes a study to be conducted by the National Academies of Sciences, Engineering, and Medicine on the prevalence and mortality of cancer among U.S. military aircrew members. Here are the main points of what the bill entails:

Purpose of the Study

The primary goal of the bill is to understand how cancer affects individuals who served in the Armed Forces as active duty aircrew members. This study will cover:

• Identifying exposures related to military occupations that may contribute to cancer, such as chemicals and other agents.
• Reviewing existing literature to establish links between these exposures and various types of cancers.
• Determining the prevalence of cancers specifically among these aircrew members and assessing mortality rates linked to these cancers.

Cancers to be Studied

The specific cancers that the study will focus on include, but are not limited to:

• Brain cancer
• Colon and rectal cancers
• Kidney cancer
• Lung cancer
• Melanoma skin cancer
• Non-Hodgkin lymphoma
• Pancreatic cancer
• Prostate cancer
• Testicular cancer
• Thyroid cancer
• Urinary bladder cancer
• Other cancers deemed appropriate by the Secretary of Veterans Affairs

Data Sources

To conduct the study, various data sources may be utilized, including:

• Health care databases from the Department of Veterans Affairs and Department of Defense
• The national death index from the Centers for Disease Control and Prevention
• Previous studies related to military personnel and cancer

Reporting Requirements

Once the study is completed, the National Academies are required to submit a report detailing the findings to the Secretary of Veterans Affairs and the committees involved in veterans’ affairs in both the House of Representatives and the Senate.

Definition of Covered Individual

The term "covered individual" refers to anyone who has served on active duty in the Army, Navy, Air Force, or Marine Corps and who has been an aircrew member of a fixed-wing aircraft. This includes roles such as pilots, navigators, and other crew members who regularly flew in these aircraft.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 599: Protect Funding for Women’s Health Care Act. This bill was received on 2025-01-22, and currently has 21 cosponsors.

Here is a short summary of the bill:

The bill known as the Protect Funding for Women’s Health Care Act proposes to prohibit any Federal funding from being allocated to the Planned Parenthood Federation of America (PPFA), including its affiliates, subsidiaries, successors, or clinics. This means that any governmental financial support currently provided to Planned Parenthood for its health care services would be halted.

Key Points of the Bill

• Funding Prohibition: The bill explicitly states that no Federal funds may be made available to Planned Parenthood or its affiliates.
• Women’s Health Services: The bill acknowledges that there are numerous state and local health departments, community health centers, hospitals, and private practitioners that currently provide, and will continue to provide, essential health services for women, such as:
  • Diagnostic laboratory and radiology services
  • Well-child care
  • Prenatal and postpartum care
  • Immunization
  • Family planning services, including contraception
  • Sexually transmitted disease testing
  • Cervical and breast cancer screenings
  • Referrals to other necessary health services
• Continuity of Care: It is stated that funds that are no longer allocated to Planned Parenthood would be redirected to other eligible health care entities to ensure that women can still access necessary health care services.

Findings of Congress

• The legislation points out that various health entities provide services to all individuals, regardless of their ability to pay, particularly in areas where there is a shortage of medical services.
• The overall goal of the bill is to ensure that women's health care services continue without being reliant on Federal funding of Planned Parenthood.

Exclusions and Limitations

The bill clarifies that its enactment will not influence any existing limitations regarding federal funding associated with abortion services nor will it decrease the total amount of Federal funding available for women's health care overall.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 452: Miracle on Ice Congressional Gold Medal Act. This bill was received on 2025-01-15, and currently has 181 cosponsors.

Here is a short summary of the bill:

This bill, titled the "Miracle on Ice Congressional Gold Medal Act," proposes to award Congressional Gold Medals to members of the 1980 U.S. Olympic Men's Ice Hockey Team. The medals are to be presented in recognition of their significant achievement at the 1980 Winter Olympics in Lake Placid, New York, where the team, made up of amateur collegiate players, achieved a historic victory against the Soviet Union in a match often referred to as the "Miracle on Ice." This victory not only revitalized national morale during a troubled time in U.S. history, marked by economic difficulties and increased tensions with the Soviet Union, but also inspired future generations and transformed the sport of hockey in the United States.

Key Provisions of the Bill

• Short Title: The act is to be referred to as the "Miracle on Ice Congressional Gold Medal Act."
• Award of Medals: The Speaker of the House and the President pro tempore of the Senate will arrange for the presentation of three gold medals to the members of the 1980 Olympic team.
• Medal Design: The Secretary of the Treasury will design and strike the gold medals, which will feature suitable emblems and inscriptions.
• Disposition of Medals: After the awards are made, one medal each will be given to:
  • The Lake Placid Olympic Center in Lake Placid, NY, for display and research.
  • The United States Hockey Hall of Fame in Eveleth, MN, for display and research.
  • The U.S. Olympic and Paralympic Museum in Colorado Springs, CO, for display and research.
• Duplicate Medals: The Secretary may strike and sell bronze duplicates of the gold medals to cover production costs.
• Medal Status: The medals will be classified as national medals and treated as numismatic items under U.S. law.
• Funding: The costs incurred in striking the medals will be charged against the United States Mint Public Enterprise Fund, and proceeds from selling the bronze duplicates will also contribute to this fund.

Historical Context

The 1980 U.S. Olympic Men's Ice Hockey Team, coached by Herb Brooks, faced significant challenges, including competing against a Soviet team that had won four consecutive Olympic gold medals. The final match, played on February 22, 1980, attracted immense public attention, drawing 34.2 million viewers and becoming a symbol of national pride during a period of political and economic strife in the United States. This event is remembered as one of the greatest sports moments of the 20th century and spurred a substantial increase in American interest in hockey, with registration in USA Hockey growing by nearly 400 percent since that time.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 539: Chiropractic Medicare Coverage Modernization Act of 2025. This bill was received on 2025-01-16, and currently has 53 cosponsors.

Here is a short summary of the bill:

This bill, titled the Chiropractic Medicare Coverage Modernization Act of 2025, aims to amend the Social Security Act to broaden Medicare coverage for chiropractic services. Here’s a breakdown of what the bill proposes:

Key Findings

• Chiropractic services have been included in Medicare since 1972.
• The current Medicare chiropractic coverage is limited to one specific service, which has not kept pace with private sector and other federal healthcare programs.
• There is growing evidence showing the effectiveness and cost benefits of chiropractic services in patient care.
• The bill seeks to align Medicare chiropractic coverage with that offered by the Veterans Affairs, Department of Defense, Federal Employee Health Benefits Program, and private health insurers.

Purpose of the Bill

The primary goal of the bill is to recognize doctors of chiropractic as “physicians” under Medicare. This includes coverage for a wider range of functions that chiropractors are allowed to perform within their state licensure, including but not limited to the manual manipulation of the spine to correct subluxations.

Medicare Coverage Expansion

General Provisions

The bill proposes to alter section 1861(r)(5) of the Social Security Act. The modification would mean that coverage extends to services provided by licensed doctors of chiropractic, as long as these services fall within the scope of practice defined by the state in which they operate.

Payment Limitations

Additionally, there will be limitations on the payment for chiropractic services described in section 1861(r)(5). According to the new provisions, Medicare will cover services only if:

• They are provided by chiropractors who have verified attendance in an educational documentation webinar or other similar training designed by the Secretary of Health.
• The services include manual manipulation of the spine to correct a subluxation.

Conclusion

The Chiropractic Medicare Coverage Modernization Act of 2025 is aimed at expanding Medicare's coverage for chiropractic services, thus allowing Medicare patients greater access to the range of services that licensed chiropractors can offer.

Relevant Companies

• HLT - Hilton Worldwide Holdings Inc. may be indirectly impacted as chiropractic services can play a role in employee wellness programs, particularly for workers in physical jobs or those suffering from back pain, potentially affecting employee health outcomes and corporate healthcare costs.
• ANTM - Anthem, Inc. could see changes in cost structures and reimbursements in Medicare-related services, which could affect their broader health insurance offerings and partnerships with chiropractic services.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 515: Ensuring Military Readiness Not Discrimination Act. This bill was received on 2025-01-16, and currently has 31 cosponsors.

Here is a short summary of the bill:

This bill, named the "Ensuring Military Readiness Not Discrimination Act," aims to amend existing laws related to service in the Armed Forces by prohibiting discrimination based on various characteristics. It focuses specifically on two primary areas:

Nondiscrimination in Eligibility Standards

The bill states that any qualifications set for eligibility to serve in the Armed Forces must only consider an individual's ability to meet specific military standards relevant to the position they are applying for. It prohibits any criteria that relate to:

• Race
• Color
• National origin
• Religion
• Sex (which includes gender identity, sexual orientation, and characteristics related to sex such as intersex traits)

Equality of Treatment and Opportunity

Furthermore, the bill requires that any personnel policies created by the Secretary of the military branches ensure that all members of the Armed Forces are treated equally and have the same opportunities. This applies regardless of:

• Race
• Color
• National origin
• Religion
• Sex (including gender identity, sexual orientation, and sex characteristics)

Clerical Amendments

The legislation also includes a clerical amendment which updates the legal documentation in the United States Code to reflect the new regulations, including adding new sections related to the prohibition of gender discrimination.

Purpose of the Bill

The overall aim of the "Ensuring Military Readiness Not Discrimination Act" is to create a more inclusive environment in the military by ensuring that all personnel are judged solely on their abilities relevant to military service, rather than personal characteristics or identity factors. This is intended to enhance military readiness and foster equality among members of the Armed Forces.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 513: Offshore Lands Authorities Act of 2025. This bill was received on 2025-01-16, and currently has 24 cosponsors.

Here is a short summary of the bill:

This bill, known as the Offshore Lands Authorities Act of 2025, aims to modify the way unleased offshore lands can be withdrawn from mineral leasing by the President of the United States. It includes several key provisions:

1. Nullification of Previous Withdrawals

The bill seeks to invalidate certain presidential actions that withdrew unleased offshore lands from oil and gas leasing. Specifically, it targets the following:

• The December 20, 2016, withdrawal related to the Arctic Outer Continental Shelf.
• The December 16, 2014, withdrawal concerning the North Aleutian Basin Planning Area.
• Sections of Executive Orders and memoranda from 2023 and 2025 relevant to leasing in other areas.

2. Limitation of Presidential Authority

The bill amends the Outer Continental Shelf Lands Act to impose restrictions on the President's power to withdraw unleased offshore lands:

• Withdrawals cannot exceed 150,000 acres either in total or contiguous with other withdrawals.
• Withdrawals cannot last longer than 20 years.
• No more than 500,000 acres can be withdrawn cumulatively without Congressional approval.

3. Required Assessments for Withdrawals

Before the President can withdraw unleased lands, several assessments must be completed:

• A mineral resource assessment must be conducted within five years of the proposed withdrawal.
• Economic, energy, and national security evaluations must be performed in consultation with other relevant federal agencies.
• An assessment regarding the potential loss of federal revenues must be provided.
• A report summarizing these assessments must be submitted to designated Congressional committees.

4. Congressional Disapproval Procedure

The bill establishes a process for Congress to disapprove presidential withdrawals. Key elements include:

• Joint resolutions can be introduced to disapprove a withdrawal, which must be processed by relevant committees.
• Specific procedures are set for how these resolutions are to be debated and voted upon in both the House of Representatives and the Senate.

5. Integration with Existing Leasing Programs

Any new withdrawal by the President cannot conflict with areas that are already included in an active oil and gas leasing program.

6. Judicial Review Limitations

Decisions made under this bill, including assessments and withdrawals, are not subject to judicial review, meaning courts cannot contest these actions.

Relevant Companies

• XOM - Exxon Mobil Corporation: As a major player in the oil and gas industry, changes to mineral leasing policies could significantly impact their exploration and production strategies in offshore areas.
• CVE - Cenovus Energy Inc.: This company is involved in oil and gas exploration and could be directly affected by new access to previously withdrawn offshore areas.
• CHK - Chesapeake Energy Corporation: As a firm engaged in energy production, the lifting of previous restrictions could present new opportunities for offshore drilling.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 507: Veterans Member Business Loan Act. This bill was received on 2025-01-16, and currently has 24 cosponsors.

Here is a short summary of the bill:

This bill, titled the Veterans Member Business Loan Act , aims to modify the existing Federal Credit Union Act. Specifically, it seeks to change the definition of what qualifies as a "member business loan" for credit unions in relation to veterans.

Key Provisions

• Inclusion of Veteran Loans: The bill proposes to exclude loans extended to veterans from the definition of member business loans. This classification means that loans given to veterans will not be subject to the same regulations or limits that apply to other member business loans.
• Definition of Veteran: The term "veteran" is defined as per section 101 of title 38, United States Code, which generally covers individuals who have served in the military and have been discharged under conditions other than dishonorable.
• Effective Date: The changes stipulated in the bill would take effect six months following the enactment of the law.

Implications

By modifying the member business loan definition, the bill could potentially enable credit unions to provide more accessible financial assistance to veterans wanting to start or expand their businesses. This could lead to an increase in entrepreneurship among veterans and could affect the overall economic landscape for veteran-owned businesses.

Relevant Companies

• USB - U.S. Bancorp: As a large financial institution, U.S. Bancorp could potentially adjust its lending strategies to accommodate the changes in veteran loan classifications.
• JPM - JPMorgan Chase & Co.: As one of the leading banks in the country, JPMorgan might also explore new products targeted at veteran entrepreneurs in light of this bill.
• C - Citigroup Inc.: Citigroup could be impacted due to its large scale operations in providing loans, possibly affecting how they address veteran loans specifically.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 503: Qualified Immunity Act of 2025. This bill was received on 2025-01-16, and currently has 12 cosponsors.

Here is a short summary of the bill:

This bill is titled the Qualified Immunity Act of 2025 and its primary purpose is to amend how qualified immunity applies to law enforcement officers in legal actions under federal law, specifically section 1983, which deals with civil rights violations.

Key Provisions of the Bill

1. **Codifying Qualified Immunity**

The bill aims to officially define and clarify qualified immunity for law enforcement officers. Under this proposed legislation, qualified immunity would protect a law enforcement officer from personal liability in civil lawsuits if the officer can demonstrate either of the following:- **Lack of Clarity**: That the right, privilege, or immunity in question was not clearly established at the time of the alleged violation, meaning that a reasonable officer in a similar situation would not have known that their actions were unconstitutional or in violation of federal law. - **Consistent Conduct**: That a court had previously determined that the specific conduct alleged was consistent with the Constitution and federal laws, meaning that the officer's actions had previously been deemed lawful.

2. **Protection for Law Enforcement Agencies**

The bill also stipulates that if a law enforcement officer is found not liable under the provisions of this act, the law enforcement agency or local government employing that officer cannot be held liable for that officer's actions if they were acting within the scope of their employment at the time.

3. **Definition of Law Enforcement Officer and Agency**

The legislation defines a law enforcement officer as any federal, state, tribal, or local official with statutory powers to enforce the law through arrest or apprehension. Furthermore, a law enforcement agency refers to any public agency engaged in the enforcement of laws and possessing the powers to arrest.

4. **Effective Date**

If the bill is enacted, the changes would take effect 180 days after the law is signed.

Purpose and Findings

The bill articulates that the purpose of qualified immunity is to protect law enforcement officers from being held liable for mistakes made in the line of duty, provided those mistakes are reasonable. The findings state that this measure balances the need for accountability in law enforcement with the need to allow officers to perform their duties without fear of constant litigation, especially in complex and fast-changing situations.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 475: Sanction Russian Nuclear Safety Violators Act of 2025. This bill was received on 2025-01-16, and currently has 14 cosponsors.

Here is a short summary of the bill:

This legislation, titled the "Sanction Russian Nuclear Safety Violators Act of 2025," aims to impose sanctions on individuals and entities that threaten the safety and integrity of the Zaporizhzhia Nuclear Power Plant in Ukraine, which has been occupied by Russian forces since their invasion of Ukraine in February 2022. The bill specifies actions to be taken against those that jeopardize the operational control of the plant by Ukraine or compromise its safety.

Findings

The bill outlines several key findings, including:

• Russia's military has occupied the Zaporizhzhia Nuclear Power Plant, the largest in Europe, and has placed military equipment within it.
• Officials from Russia's State Atomic Energy Corporation, Rosatom , have been involved at the plant, leading to concerns about interference in its operations.
• The International Atomic Energy Agency ( IAEA ) has pointed out that the presence of Rosatom officials raises significant safety risks, especially considering structural damage at the plant due to military actions.
• Failure to address militarization of the power plant is deemed dangerous by the director general of the IAEA.
• Russia's evacuation of local personnel around Zaporizhzhia further raises safety concerns about the facility.

Sanctions

The bill authorizes the President to impose sanctions on foreign persons who have endangered the Zaporizhzhia Nuclear Power Station since the invasion started. The sanctions include:

• Asset Blocking: The President can block and prohibit all transactions involving the property or interests of sanctioned foreign persons that are located in or under U.S. jurisdiction.
• Visa and Immigration Actions: Individuals believed to be responsible for endangering the plant's safety are deemed ineligible for U.S. admission and may have existing visas revoked.

Exceptions to Sanctions

There are exceptions to the sanctions provisions, including:

• Compliance with international obligations, such as obligations under United Nations agreements.
• Exemptions for humanitarian assistance related to the provision of food, medicine, or other essential services.
• Provisions that allow actions aimed at reestablishing Ukrainian control over the nuclear facility.

Implementation and Penalties

The bill empowers the President to implement these sanctions using existing authorities under the International Emergency Economic Powers Act. Penalties for violating the sanctions would align with penalties under this act, applicable to anyone who attempts or conspired to violate the regulations.

Waivers

The President can waive the sanctions if deemed vital to U.S. national security interests, provided that Congress is notified 15 days prior to such waiver taking effect.

Definitions

Key terms are defined, including:

• Foreign Person: Any individual or entity that is not a U.S. person.
• U.S. Person: This includes U.S. citizens, permanent residents, entities organized in the U.S., and persons physically present in the U.S.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 424: State Border Security Reimbursement Act of 2025. This bill was received on 2025-01-15, and currently has 12 cosponsors.

Here is a short summary of the bill:

This bill, titled the State Border Security Reimbursement Act of 2025 , aims to provide financial reimbursement to states for their border security expenses. The primary focus of the bill is to address the financial burden that certain states, particularly Texas, have incurred due to what is described as a failure of the Federal Government to adequately manage border security.

Key Aspects of the Bill

Findings

• The bill highlights that the responsibility of border security primarily lies with the Federal Government.
• It notes that Texas has had to allocate substantial public funds for border security as a result of perceived shortcomings by the Federal Government.
• Texas is reported to have spent over $3.2 billion on border security since the 2008-2009 budget, with specific allocations in each biennium budget cycle.
• The bill argues that citizens in border states are effectively being taxed twice for border security: once at the state level and again federally.
• It emphasizes that states are facing undue financial burdens when they use state funds for federally mandated responsibilities.

Reimbursement Framework

The bill sets forth a process for reimbursement for states that qualify based on their expenditures:

• Eligibility: States that have spent more than $2.5 billion on border security and enforcement in support of Federal efforts in the last ten years are eligible for reimbursement.
• Application Process: Governors of eligible states must submit an accounting of all non-federally funded border security expenses incurred by the state and its municipalities within 180 days of the bill's enactment.
• Reimbursement Timeline: The Federal Government is required to reimburse the eligible states for their expenses within one year of the submission of their application.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 535: Inaugural Fund Integrity Act. This bill was received on 2025-01-16, and currently has 13 cosponsors.

Here is a short summary of the bill:

This bill, titled the Inaugural Fund Integrity Act, aims to amend the Federal Election Campaign Act of 1971 to enhance regulations surrounding Inaugural Committees, specifically focusing on donations. Here’s a breakdown of the key provisions:

Prohibited Donations

• Inaugural Committees would be banned from soliciting, accepting, or receiving donations from:
  • Anyone that is not an individual (such as corporations or organizations).
  • Foreign nationals.
• Individuals would be prohibited from:
  • Making donations to an Inaugural Committee in another person's name.
  • Knowingly allowing their name to be used for such a donation.
  • Using donations for personal benefit unrelated to official committee responsibilities.

Limitations on Donations

• The bill establishes a cap of $50,000 on total donations to Inaugural Committees from individuals.
• This limit will be adjusted every Presidential election year, starting in 2032, based on inflation or other specified increments.

Disclosure Requirements

• Inaugural Committees must report any donations of $1,000 or more to the Federal Election Commission (FEC) within 24 hours, including details like:
  • Amount of the donation
  • Date received
  • Name and address of the donor
• By 90 days post-inauguration, Committees must submit a final report disclosing:
  • All donations of $200 or more
  • Total amount of disbursements and specific categories such as operating expenses and loan repayments
  • Name and details of individuals receiving disbursements over $200

Definitions

• The term "donation" includes any gift, loan, or any financial support made to an Inaugural Committee.
• It explicitly excludes volunteer services provided without compensation.
• The definition of a "foreign national" follows existing laws, ensuring clarity regarding who is subject to restrictions.
• "Inaugural Committee" is defined per existing legal frameworks.

Effective Date

The provisions of this bill will apply to Inaugural Committees established for inaugurations taking place in 2029 and in years following.

Reporting Amendments

The bill also makes amendments to existing reporting requirements concerning Inaugural Committees, and specifies conditions under which a committee is recognized as an official Inaugural Committee based on compliance with the new regulations.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 417: End U.N. Censorship Act. This bill was received on 2025-01-15, and currently has 5 cosponsors.

Here is a short summary of the bill:

The bill, known as the End U.N. Censorship Act, introduces several provisions regarding the United States' financial contributions to the United Nations (UN) and specifically targets the support of a tool called iVerify that has been developed by the United Nations Development Programme (UNDP). Below is a detailed summary of its main components.

Key Provisions

• Prohibition on Federal Funds: The bill prohibits the use of any federal funds made available to the Department of State or any other governmental department or agency for the following purposes:
• To develop, implement, or support the iVerify tool created by the UNDP.
• To fund any effort that aims to label speech or expression as malicious, misleading, or disinformation.
• To make voluntary contributions to the UN or its entities that fund or support the iVerify platform or similar initiatives.
• To contribute to any international organization for the purpose of supporting the iVerify platform or other similar efforts related to labeling speech or disinformation.
• Rescission of Funds: Any federal funds that were previously proposed to be used for these purposes would be permanently rescinded. This means:
• The funds withheld will not be returned to the UN or any other organization, nor will they be considered as debts to be repaid.
• These rescinded funds will instead be deposited into the general fund of the Treasury.

Objective of the Bill

The primary objective of the End U.N. Censorship Act is to prevent U.S. government funding from being allocated to initiatives that the bill's sponsors believe could interfere with free speech. By specifically targeting the iVerify tool and similar platforms associated with labeling information, the bill aims to restrict governmental support for programs that label or categorize speech as misleading or false.

Impact on International Relations

This bill may affect the United States' relationship with the United Nations and its related programs, particularly those focused on information verification and combating misinformation. It addresses concerns within the U.S. about sovereignty and the potential overreach of international organizations into domestic speech issues.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 421: Small Business Regulatory Flexibility Improvements Act. This bill was received on 2025-01-15, and currently has 4 cosponsors.

Here is a short summary of the bill:

The Small Business Regulatory Flexibility Improvements Act seeks to make changes to existing laws to better support small businesses and tribal organizations in navigating regulations. The bill introduces several key amendments aimed at improving the regulatory environment for these entities.

Enhanced Analysis of Regulatory Impacts

One of the main objectives of the bill is to amend the Regulatory Flexibility Act to require a more thorough analysis of how new rules affect small businesses. This includes:

• Examining not only the direct impacts of regulations but also any indirect effects and potential benefits.
• Broadening the definitions related to regulations so that more small businesses and tribal organizations are considered under the rules.

Plain Language Guides

The bill proposes amendments to the Small Business Regulatory Enforcement Fairness Act that mandates federal agencies to develop:

• Plain language guides: These guides will help small businesses understand and comply with regulations more easily.

Waiving Civil Fines for Paperwork Violations

Another significant provision in the legislation allows for the waiver of civil fines for first-time violations of paperwork requirements. This means:

• Small businesses that commit a paperwork violation for the first time may not face fines unless the agency deems it necessary.

Reporting Requirements

To ensure that agencies are adequately supporting small businesses, the bill also includes a requirement for a report on the Chief Counsel's capacity to assist small entities. This will likely enhance accountability and improve the resources available to small businesses.

Overall Impact

The Small Business Regulatory Flexibility Improvements Act aims to create a more favorable regulatory environment for small businesses and tribal organizations by enhancing the analysis of regulations, improving communication through plain language, and providing leniency for first-time violations. These changes are intended to simplify compliance and support the operations of small entities.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 482: No Tax on Tips Act. This bill was received on 2025-01-16, and currently has 6 cosponsors.

Here is a short summary of the bill:

This bill, titled the "No Tax on Tips Act," proposes changes to the Internal Revenue Code related to how tips are treated for tax purposes. Here are the main points of the legislation:

Deduction for Qualified Tips

The bill introduces a new tax deduction for tips received by employees in certain occupations:

• Deduction Details: Employees will be allowed to deduct cash tips they receive during the taxable year, specifically those reported to their employers. The maximum deduction amount is set at $25,000 per taxpayer per year.
• Definition of Qualified Tips: Qualified tips are defined as cash tips received by individuals in jobs that have historically received tips (like waitstaff or bartenders) up until December 31, 2023. The Secretary of the Treasury will publish a list of these occupations within 90 days after the bill becomes law.
• Limitations on Employees: The bill excludes individuals from claiming the deduction if they received more than a certain level of total compensation from their employer in the previous year.

Allowances for Non-Itemizers

The bill allows non-itemizing taxpayers to claim this deduction, meaning they don't have to itemize their tax deductions to benefit from the tip deduction.

Non-Application of Certain Limitations for Itemizers

• The deduction for qualified tips will not be categorized as a miscellaneous itemized deduction, allowing itemizers to take the full deduction without it impacting their overall limit.
• This provision is designed to give more taxpayers the ability to benefit from the deduction regardless of their overall itemized deduction amounts.

Withholding Adjustments

The Secretary of the Treasury is tasked with modifying tax tables and withholding procedures to reflect the new deduction for qualified tips.

Extension of Credit for Employer Social Security Taxes

This part of the bill expands an existing tax credit:

• Application to Beauty Services: The bill extends the existing credit for employers who pay social security taxes on tips to also include beauty service establishments (like salons and spas).
• Definition of Beauty Services: Beauty services will be defined to include barbering and hair care, nail care, esthetics, and spa treatments.
• Minimum Wage Consideration: The adjustment to the credit will consider the current minimum wage rates for food and beverage establishments, ensuring the credit is relevant to modern standards.

Effective Date

The provisions set forth in the bill will take effect for taxable years starting after December 31, 2024.

Relevant Companies

• Darden Restaurants (DRI) : This company could be affected as it operates restaurants where tipping is a standard practice, meaning employees could benefit from the deduction.
• Rush Street Interactive (RSI) : Involved in the hospitality industry, which includes services where tipping occurs, potentially making the deduction relevant for its employees.
• Planet Fitness (PLNT) : While primarily a gym, some services within this business may involve tips, particularly in personal training where gratuities might be customary.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 474: Lumbee Fairness Act. This bill was received on 2025-01-16, and currently has 9 cosponsors.

Here is a short summary of the bill:

The Lumbee Fairness Act is a proposed piece of legislation that aims to amend the Lumbee Act of 1956, which pertains to the Lumbee Tribe of North Carolina. The main provisions of the bill focus on federal recognition, eligibility for federal services, land trust, jurisdiction, and related definitions. Here’s a breakdown of what the bill would do:

1. Federal Recognition

The bill seeks to officially recognize the Lumbee Tribe as a federally recognized tribe. This would involve:

• Removing out-of-date provisions from the original 1956 law.
• Including findings that support the recognition of the Lumbee Tribe.
• Stipulating that all federal laws applicable to Indian tribes will apply to the Lumbee Tribe and its members.
• Allowing groups of Indians in certain North Carolina counties to petition for tribal acknowledgment.

2. Eligibility for Federal Services

If the bill passes, the Lumbee Tribe and its members would be eligible for federal services and benefits that are typically available to federally recognized tribes. This includes:

• Defining service areas for benefits, particularly for members living in Robeson, Cumberland, Hoke, and Scotland counties in North Carolina.
• Developing a needs assessment for services in collaboration with the tribe.
• Verifying a tribal roll to establish membership for the purpose of service delivery.

3. Land into Trust

The Secretary of the Interior would be authorized to take land into trust for the Lumbee Tribe, which means that lands would be held by the federal government for the benefit of the tribe. This includes provisions for lands in Robeson County, treating them as part of a reservation for the purposes of federal regulation.

4. Jurisdiction

The bill outlines the jurisdiction of the State of North Carolina over the land held in trust for the Lumbee Tribe. It specifies that North Carolina would have jurisdiction over:

• Criminal offenses committed on tribal lands.
• Civil actions arising on tribal lands.

Additionally, it allows for the potential transfer of some state jurisdiction to the federal government following an agreement between the tribe and the state.

5. Definitions

The bill includes definitions for key terms such as 'Secretary', meaning the Secretary of the Interior, and 'Tribe', which refers specifically to the Lumbee Tribe.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 479: Healthy SNAP Act of 2025. This bill was received on 2025-01-16, and currently has 10 cosponsors.

Here is a short summary of the bill:

The Healthy SNAP Act of 2025 is proposed legislation that aims to amend the existing Food and Nutrition Act of 2008, specifically targeting the Supplemental Nutrition Assistance Program (SNAP) in the United States. The key provisions of the bill include:

Changes to the Definition of Food

The bill updates the definition of "food" within the SNAP program by excluding certain items. Specifically, the following products will not be allowed under SNAP:

• Alcoholic beverages
• Tobacco
• Soft drinks
• Candy
• Ice cream
• Prepared desserts such as cakes, pies, cookies, or similar products

Designation of Food Items

Under the new provisions, the Secretary of Agriculture is required to designate which foods and food products can be included in the SNAP program. This must happen within 180 days of the bill's enactment. The Secretary will consider:

• Foods that can help address nutrient deficiencies in the diets of low-income individuals.
• Products that promote public health and align with cultural eating patterns.
• Ensuring the selected foods are appropriate in terms of fat, sugar, and salt content.

Review and Amendment of Food Items

The Secretary is mandated to conduct a scientific review of the designated food items at least every five years. This review will ensure that the list of allowed foods reflects current nutrition science and public health priorities. The Secretary will also have the authority to amend the food selections as necessary based on this review.

Nutrition Standards for Prepared Meals

Prepared meals that are available under the program will also need to meet specific nutritional standards set forth by the Secretary. This aims to ensure that all meals provided through SNAP are consistent with health guidelines.

Cultural Considerations

Recognizing the diversity of cultural eating habits, state agencies will have the option to substitute equivalent foods that may be culturally appropriate for the designated foods, but only with the approval of the Secretary. This allows for flexibility and better accessibility of the program for various communities.

Implementation Timeline

The bill outlines a clear timeline for the implementation of these changes, notably the requirement for food designation to occur within 180 days of the bill's passage, along with ongoing reviews every five years thereafter.

Relevant Companies

• PG (Procter & Gamble) - May face impacts due to changes in consumer behavior regarding food products, particularly if their food lines are affected by SNAP eligibility.
• KO (Coca-Cola) - May see direct effects from the exclusion of soft drinks from SNAP eligibility.
• PEP (PepsiCo) - Similar to Coca-Cola, their beverage lines might be impacted, as well as any snack options that may need to meet new nutritional criteria.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 478: Promoting New Bank Formation Act. This bill was received on 2025-01-16, and currently has 20 cosponsors.

Here is a short summary of the bill:

This bill, known as the Promoting New Bank Formation Act, focuses on easing regulations for new banks and specifically targets rural community banks. Here are the key components of the bill:

1. Phase-In Period for Capital Standards

The bill requires federal banking agencies to create rules that would allow newly established banks (referred to as de novo banks) a three-year period to meet federal capital requirements. This phase-in period would start from the date they become insured depository institutions, allowing these banks more time to build their capital reserves without facing immediate scrutiny.

2. Changes to Business Plans

During the three-year phase-in period, newly insured banks or their holding companies can request changes to their previously approved business plans. The requests must be reviewed by the appropriate federal banking agency within 30 days, after which the agency can approve, conditionally approve, or deny the request. If no decision is made within that timeframe, the request is considered automatically approved. If denied, the agency must provide reasons and suggest modifications that could lead to an approval.

3. Leverage Ratio for Rural Banks

The bill sets the Community Bank Leverage Ratio for rural depository institutions at 8% during the same three-year period. This could help smaller rural banks maintain higher lending capabilities in their communities. Additionally, the federal agencies are tasked with establishing lower leverage ratio percentages during the first two years of this period to ease the transition for these banks.

4. Agricultural Loan Authority

The bill also amends existing laws related to the Home Owners' Loan Act, allowing federal savings associations to offer both secured and unsecured loans for agricultural purposes. This broadens the financial resources available for agricultural activities, benefiting rural economies.

5. Study on New Banks

The federal banking agencies are required to conduct a study exploring the reasons behind the low establishment of new insured depository institutions over the past decade. This study aims to identify challenges and come up with recommendations to encourage the formation of more banks, especially in areas that currently lack access to banking services. A report summarizing the findings must be submitted to Congress within one year of the bill's enactment.

6. Definitions

The bill includes definitions for terms like "appropriate Federal banking agency," "depository institution," and "insured depository institution," which are based on existing definitions in the Federal Deposit Insurance Act.

Relevant Companies

• KEY - KeyCorp: As a bank holding company, KeyCorp could be affected as new competition from de novo banks might impact market share and lending practices.
• USB - U.S. Bancorp: Similar to KeyCorp, increased competition from new banks could influence U.S. Bancorp's operations and financial strategies.
• PNC - PNC Financial Services: The establishment of new banks, particularly in underserved rural areas, might shift customer focus and services provided by PNC.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 470: Red Snapper Act of 2025. This bill was received on 2025-01-16, and currently has 22 cosponsors.

Here is a short summary of the bill:

This bill is titled the Red Snapper Act of 2025 and aims to regulate how and when the Secretary of Commerce can issue rules regarding fishing in the South Atlantic region, specifically concerning bottom closures for red snapper and other species managed under the Fishery Management Plan for the Snapper-Grouper Fishery. Here are the key points of the bill:

Purpose and Findings

• The bill recognizes the significance of fishing as an economic contributor in the South Atlantic, particularly noting that recreational fishing in Florida generates around $14 billion and supports approximately 119,000 jobs.
• Red snapper is acknowledged as a valuable fish for both recreational and commercial fishing communities.
• In 2018, a 6-day recreational red snapper fishing season contributed an estimated $13 million to the regional economy.
• Fishery managers have been effectively working to recover red snapper populations since 2010, leading to high stock abundance and strong recruitment.
• Record high populations have resulted in increased unintentional catches and discards of red snapper, which is leading to higher mortality rates for the fish.
• Despite these issues, local experts believe that the red snapper fishery has largely recovered.
• Suggestions have been made for future management that may include shorter fishing seasons or broader area closures to further protect the red snapper population.
• The State of Florida has expressed concerns regarding the economic effects of potential area closures on fishing activities.
• A significant investment ($8.7 million) has been made in independent research to accurately assess the red snapper population in South Atlantic waters, highlighting the importance of incorporating this data into future fishery management decisions.

Main Provisions of the Bill

The bill stipulates that the Secretary of Commerce:

1. Must refrain from issuing any interim or final rule or Secretarial Amendment that enacts area or bottom closures in the South Atlantic for species managed under the Snapper-Grouper Fishery Plan.
2. This prohibition stands until two conditions are met:
• The South Atlantic Great Red Snapper Count study is completed.
• The data from this study is integrated into the subsequent stock assessment of red snapper in the region.

Implications

The bill is designed to ensure that regulatory decisions regarding fishing closures in the South Atlantic region are based on the most current scientific assessments of red snapper populations rather than potentially outdated or incomplete data. This approach aims to balance the needs of the fishery with economic considerations for local communities and stakeholders involved in the fishing industry.

Relevant Companies

• FDX (FedEx Corporation): If fishing regulations are tightened, it may impact the logistics and shipping of seafood, including red snapper, affecting transportation costs and operations.
• SEAS (SeaWorld Entertainment, Inc.): Changes in fishery management, especially concerning recreational fishing, could influence visitor attractions related to marine life and fishing experiences.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 473: Stopping Home Office Work’s Unproductive Problems Act of 2025. This bill was received on 2025-01-16, and currently has 23 cosponsors.

Here is a short summary of the bill:

This bill, titled the Stopping Home Office Work’s Unproductive Problems Act of 2025 , aims to return federal agencies to pre-pandemic work conditions by limiting the extent of telework (working from home) allowed. Below are the key components of the legislation:

Restoration of Telework Policies

Each federal agency is required to reinstate telework policies that were in place as of December 31, 2019, within 30 days after the bill is enacted. This means that no additional telework arrangements can be allowed until the agency has submitted a plan to Congress for future policies.

Agency Studies and Reporting

Within six months of the bill's enactment, heads of each federal agency must submit a study to Congress. This study should cover:

• The impacts of telework expansion during the COVID-19 pandemic on the agency’s mission and customer service performance.
• Costs associated with maintaining underutilized properties or paying locality pay for remote employees.
• Issues faced in providing secure and effective communication tools and access to necessary agency data for teleworkers.
• Effects of telework on the distribution of personnel across the country.
• Any other relevant impacts the agency identifies.

Requirements for Future Telework Plans

If an agency intends to propose changes or expansions to telework policies beyond what is reinstated by this bill, it must:

• Submit a detailed plan and assessment of the expected positive impacts on the agency’s mission and costs.
• Include a certification from the Director of the Office of Personnel Management confirming that the proposed plan meets the requirements set in the bill.

Limitations on Implementation

Agencies cannot implement any new plans regarding telework unless they receive the necessary certification. If an agency's initial plan is not certified, it can submit revised plans until it receives approval.

Definitions

The bill defines key terms, including:

• Agency: Refers to an Executive agency as defined under U.S. code, excluding the Government Accountability Office.
• Director: Refers to the Director of the Office of Personnel Management.
• Telework: Includes remote work as defined under U.S. code.

General Goal

The overall aim of the bill is to enhance productivity and efficiency within federal agencies by ensuring more employees are present at their official workplaces, based on the belief that in-person work fosters better performance and service delivery.

Relevant Companies

• CSCO (Cisco Systems): As a major provider of networking hardware and telecommunications equipment, changes in telework policies may influence demand for their collaboration tools as federal agencies revert to in-office work.
• MSFT (Microsoft): With products like Microsoft Teams and Office 365 used widely for remote work, shifts in federal telework policies could affect the usage and sales of their services.
• ZM (Zoom Video Communications): Changes in telework may impact the use of Zoom's services in federal agencies, as in-person meetings become the norm again.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 469: Semiquincentennial Congressional Time Capsule Act. This bill was received on 2025-01-15, and currently has 23 cosponsors.

Here is a short summary of the bill:

The Semiquincentennial Congressional Time Capsule Act is a proposed piece of legislation aimed at creating a time capsule to commemorate the 250th anniversary of the United States. Below are the main points regarding what this bill would establish:

Creation of the Time Capsule

The bill mandates the Architect of the Capitol to create a time capsule named the "Semiquincentennial Congressional Time Capsule." This time capsule will serve to preserve significant materials related to the history and achievements of the United States leading up to this milestone anniversary.

Contents of the Time Capsule

The contents of the time capsule will be determined jointly by key congressional leadership, including:

• Office of the Speaker of the House
• Office of the Minority Leader of the House
• Office of the Majority Leader of the Senate
• Office of the Minority Leader of the Senate

The time capsule is required to include:

• A representative selection of relevant books, manuscripts, printed materials, memorabilia, and relics pertaining to the Semiquincentennial.
• Copies or representations of significant legislative and institutional milestones of Congress up to the time the capsule is sealed.
• A message from Congress intended for future legislators when the capsule is opened.
• Any other items deemed appropriate by the congressional leaders involved.

To facilitate this, they may consult with experts from the Architect of the Capitol, the Smithsonian Institution, and other relevant federal entities.

Duties of the Architect of the Capitol

The Architect of the Capitol will have specific responsibilities, including:

• Preparing the time capsule for sealing and burial by July 4, 2026, at a location on the West Lawn of the Capitol.
• Coordinating the timing to allow participants to also attend a separate burial event of another time capsule in Philadelphia.
• Installing a plaque that provides pertinent information about the time capsule.

Unsealing the Time Capsule

The time capsule is to remain sealed until July 4, 2276. On this date, the Speaker of the House will present it to the 244th Congress, which will then decide how to manage and use the contents contained within.

Timeline for Actions

The key dates mentioned in the bill include:

• Creation and preparation of the time capsule by July 4, 2026.
• Sealing the capsule until July 4, 2276, when it is to be officially unsealed.

Funding and Implementation

While the bill outlines the creation and contents of the time capsule, it does not specify the funding mechanisms or budgetary implications involved in its implementation. This detail would likely be addressed during the execution phase of the legislation.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from S. 100: Repealing Big Brother Overreach Act. This bill was received on 2025-01-15, and currently has 25 cosponsors.

Here is a short summary of the bill:

The bill titled the "Repealing Big Brother Overreach Act" proposes to eliminate the Corporate Transparency Act, which was enacted as part of a larger defense authorization legislation. The main elements of this bill include:

1. Repeal of the Corporate Transparency Act

The bill seeks to completely repeal the Corporate Transparency Act, which was designed to enhance transparency in corporate ownership. This Act requires certain types of corporations and limited liability companies (LLCs) to disclose information about their beneficial owners (the individuals who ultimately own or control the company) to the Financial Crimes Enforcement Network (FinCEN). The goal was to combat money laundering and other forms of financial crime by providing law enforcement with better tools to trace ownership of companies.

2. Amendments to Federal Law

In tandem with the repeal of the Corporate Transparency Act, the bill includes technical and conforming amendments to federal law, specifically Title 31 of the United States Code. These amendments will remove references to the Corporate Transparency Act and update related sections to reflect this repeal:

• Adjustments in Section 5321 to exclude the now-repealed sections regarding corporate transparency.
• Changes to compliance requirements under the Anti-Money Laundering Act of 2020 to remove any mandates that originated from the Corporate Transparency Act.

3. Potential Impact on Financial Reporting and Transparency

By repealing this Act, the bill would reduce the regulatory obligations for many corporations and LLCs regarding the disclosure of ownership information. This means that businesses would no longer be required to provide FinCEN with information on their beneficial owners, which is intended to support efforts in financial crime prevention.

4. Committee Review

The bill has been introduced in the Senate and is currently under review by the Committee on Banking, Housing, and Urban Affairs. This review process will determine whether the bill moves forward for further consideration or debate.

5. Sponsored by Various Senators

The bill is sponsored by Mr. Tuberville and has several co-sponsors, indicating a level of political support for the repeal from particular members of the Senate.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 472: Restore Department of Veterans Affairs Accountability Act of 2025. This bill was received on 2025-01-16, and currently has 26 cosponsors.

Here is a short summary of the bill:

This bill, titled the "Restore Department of Veterans Affairs Accountability Act of 2025," aims to amend existing laws regarding the personnel actions of employees at the Department of Veterans Affairs (VA). The key provisions can be summarized as follows:

1. Overview of Personnel Actions

The bill provides the Secretary of Veterans Affairs the authority to remove, demote, or suspend employees in supervisory roles based on performance or misconduct. The Secretary can take disciplinary action if substantial evidence supports that an employee's behavior warrants such a response.

2. Disciplinary Procedures

The proposed changes include:

• Notice and Evidence: Affected employees will receive advance notice of disciplinary actions and have access to all evidence supporting the action.
• Representation: Employees are entitled to representation during the disciplinary process.
• Grievance Process: A formal internal grievance process will be established, allowing employees to contest disciplinary actions taken against them.
• Timeliness: The overall process for notice, response, and final decision should not exceed 15 business days.

3. Judicial Review

Employees adversely affected by a decision that is not grieved can seek judicial review. However, disciplinary decisions such as removal, demotion, or suspension cannot be appealed to the Merit Systems Protection Board.

4. Application of Procedures

The new disciplinary procedures apply to any relevant misconduct or performance issues beginning from the date the act is enacted, thereby ensuring immediate implementation.

5. Whistleblower Protection Measures

The bill includes provisions to protect whistleblowers. Specifically:

• Employees who have made whistleblower disclosures cannot be subject to removal or demotion without approval from the Office of Special Counsel.

6. Senior Executive Procedures

The bill modifies procedures related to senior executives, ensuring that the same standards apply for performance-based actions as do for other VA employees, emphasizing substantial evidence in any disciplinary decision.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 484: Food Deserts Act. This bill was received on 2025-01-16, and currently has 38 cosponsors.

Here is a short summary of the bill:

The Food Deserts Act aims to address the issue of food deserts in the United States, which are areas where residents have limited access to affordable and nutritious food. Here’s a breakdown of the main elements of what the bill proposes:

1. Grant Program for States

The bill directs the Secretary of Agriculture to create a grant program through which States can obtain funds. These funds are meant to support the establishment and operation of grocery stores in underserved communities. Specifically, the program will provide:

• Capitalization grants for states to create revolving funds.
• Revolving funds that states can use to make loans for grocery store projects.

2. Purpose of Revolving Fund

The funds from the revolving fund can be used for various purposes, including:

• Opening new grocery stores in underserved areas (note: funds cannot be used for new construction).
• Supporting the operations of existing grocery stores.
• Improving access to healthy food within these communities.

3. Eligibility Criteria for Loans

States can only provide loans to entities that meet specific criteria, such as:

• Being a grocery store or planning to become one.
• Emphasizing healthful, unprocessed foods and providing staple foods such as fruits and vegetables.
• Maintaining affordable prices that are at or below market value.
• Demonstrating qualifications to operate a grocery store or having partnerships for technical assistance.

4. Prioritization of Applications

States are encouraged to prioritize loan applications from entities that:

• Hire local residents from the underserved community.
• Offer classes on healthful diets.
• Source food from local farms.
• Have established connections with the grocery supply chain.

5. Loan Administration and Repayment

The bill also outlines how loans should be managed:

• States will administer the revolving fund and ensure the loans are made at or below market interest rates, with the potential for interest-free loans.
• Loans must be repaid with established sources of revenue within specified time frames.
• States may charge a small administrative fee (up to 4% of the loan amount).

6. Technical Assistance

The Secretary of Agriculture is responsible for providing technical assistance to those receiving loans to help with food sourcing and operational needs.

7. Bankruptcy Provisions

In case a loan recipient files for bankruptcy, amounts owed from loans will take precedence over other debts.

8. Funding and Authorization

The bill authorizes the appropriation of $150 million for the fiscal year 2026 to support the program and its activities.

9. Definitions

The bill includes definitions for various key terms, such as:

• Capitalization grant : A grant made to a State to fund the program.
• Underserved community : Areas defined by limited access to healthy food options.
• Revolving fund : A fund established by States specifically to support this initiative.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from S. 51: Washington, D.C. Admission Act. This bill was received on 2025-01-09, and currently has 41 cosponsors.

Here is a short summary of the bill:

The Washington, D.C. Admission Act aims to make Washington, D.C. a state in the United States. The bill outlines the necessary procedures for the admission of D.C. as a state and establishes the framework for its congressional representation as a full-fledged member of the Union. Key components of the bill include:

Statehood Procedures

The bill details the steps required for Washington, D.C. to become a state. This includes provisions for holding elections that will determine the local government as well as the election of representatives to Congress.

Name Changes

In conjunction with the admission, the bill proposes that all legal references to "District of Columbia" will be changed to "Capital". Furthermore, the "District of Columbia National Guard" will be renamed to the "Capital National Guard." This is part of the effort to recognize its new status as a state and ensure consistency in legislative language.

Termination of Municipal Corporation Status

Upon admission as a state, Washington, D.C. will cease to function as a municipal corporation. This means that the governance structure and legal status of D.C. will change significantly, aligning it more closely with the structure and functionalities of other states.

Accrued Service Obligations

The bill states that obligations for accrued service for individuals, such as retirement benefits for employees, will continue as they were under the District of Columbia's status prior to statehood. However, these obligations will only apply until the new state establishes its own laws concerning judge retirement funding. Following the certification of these laws, the obligations will no longer be in effect.

Implications for Federal Properties

The legislation also addresses the status of federal properties located in Washington, D.C. It establishes that these properties will be retained by the federal government even after D.C. gains statehood, ensuring that federal functions can continue without interruption.

Impact on Current Residents

The residents of Washington, D.C. will gain additional rights and representation by becoming state residents. They will have access to congressional representation, as well as the rights and responsibilities that come with statehood, potentially including new local and state government initiatives tailored to their needs.

Legislative Context

This bill adds to ongoing discussions and legislative efforts aimed at reshaping the political landscape surrounding the governance of Washington, D.C. It reflects broader considerations regarding representation, state rights, and the federal structure of governance in the United States.

Relevant Companies

• AMZN - Amazon may be impacted in terms of its corporate operations and regulatory environment due to changes in governance and potentially new laws affecting businesses operating in the newly established state.
• GOOGL - Google could see implications for its business operations and local regulations affecting technology and data security given the change in D.C.'s status.
• MSFT - Microsoft might be directly impacted regarding regulatory conditions affecting its operations and services provided within the state of D.C.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 485: Muhammad Ali Congressional Gold Medal Act. This bill was received on 2025-01-16, and currently has 53 cosponsors.

Here is a short summary of the bill:

The bill titled "Muhammad Ali Congressional Gold Medal Act" aims to posthumously award a Congressional Gold Medal to Muhammad Ali, recognizing his significant contributions to the United States both as a celebrated athlete and an advocate for civil rights and humanitarian causes.

Key Provisions of the Bill

• Awarding the Gold Medal: The bill authorizes the Speaker of the House and the President pro tempore of the Senate to arrange for the presentation of a gold medal in honor of Muhammad Ali.
• Design and Production: The Secretary of the Treasury is tasked with designing and striking the gold medal, which will feature suitable emblems, devices, and inscriptions that honor Ali's legacy.
• Transfer of Medal: After the presentation ceremony, the medal will be transferred to Muhammad Ali's wife, Lonnie Ali.
• Duplicate Medals: The Secretary may also strike and sell bronze duplicates of the gold medal. Sales will be priced to cover all associated costs, such as labor and materials.
• National Medal Status: The medals produced under this Act will be classified as national medals and considered numismatic items under legal statutes.
• Funding: The costs associated with striking the medals will be charged against the United States Mint Public Enterprise Fund, and proceeds from the sale of duplicate bronze medals will also be deposited into this fund.

Background on Muhammad Ali

Muhammad Ali, born Cassius Marcellus Clay, Jr., on January 17, 1942, in Louisville, Kentucky, is celebrated for his remarkable achievements in boxing and his profound impact on social issues. His career highlights include:

• Winning a gold medal at the 1960 Summer Olympics.
• Becoming the first boxer to win the heavyweight title three times.
• Facing legal challenges for his stance as a conscientious objector to the Vietnam War, which was later upheld by the Supreme Court.
• Championsing civil rights and humanitarian efforts, receiving numerous awards for his advocacy and contributions to society.
• Establishing the Muhammad Ali Center in Louisville, promoting respect, hope, and understanding.

Acknowledgments and Impact

Muhammad Ali garnered recognition from various organizations and figures, with honors that include multiple awards for sportsmanship and humanitarian contributions, as well as his role in the Civil Rights Movement. He served as a U.N. Messenger of Peace and was actively involved in raising awareness and funding for Parkinson’s disease research following his own diagnosis.

Relevant Companies

• AMZN - Amazon.com Inc.: Might be involved due to potential partnerships related to the sale or promotion of medals or memorabilia.
• GOOGL - Alphabet Inc. (Google): May indirectly benefit through increased public interest and use of platforms to commemorate and promote the medal's significance.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 429: Rosie the Riveter Commemorative Coin Act. This bill was received on 2025-01-15, and currently has 111 cosponsors.

Here is a short summary of the bill:

This bill, known as the Rosie the Riveter Commemorative Coin Act, aims to honor and commemorate the contributions of women who supported the U.S. Home Front during World War II by authorizing the minting of special commemorative coins. Below are the key components of the bill:

Purpose

The primary purpose of the bill is to create and issue commemorative coins to acknowledge the vital role played by American women during World War II, particularly in industries and services that supported the military efforts while men were away. This effort recognizes their hard work, sacrifice, and resilience in the face of challenges, including discrimination and unequal pay.

Findings

The bill states several findings about the contributions of women, including:

• Over six million women entered the workforce to fill jobs left by men who joined the military.
• Many women worked in critical roles in factories, farms, shipyards, and more, contributing significantly to the war effort.
• The collective efforts of these women have been symbolized by the iconic figure of Rosie the Riveter, representing their resilience and strength.
• Despite their contributions, women faced discrimination in the workplace, often receiving lower pay than their male counterparts.
• This recognition is a way to honor the legacy of women who worked during this time and inspire future generations.

Coin Specifications

The bill authorizes the minting of several types of coins, including:

• $5 gold coins: Up to 50,000 coins weighing 8.359 grams and made of at least 90% gold.
• $1 silver coins: Up to 400,000 coins weighing 26.73 grams and made of at least 90% silver.
• Half-dollar coins: Up to 750,000 coins weighing 11.34 grams, minted to standard half-dollar specifications.

Legal Tender and Numismatic Status

The coins created under this act will be legal tender and considered numismatic items for collectors.

Design of the Coins

The designs of the coins will reflect the legacy of women who contributed to the war effort. Each coin will include:

• The value of the coin
• The year "2028" as the date of issuance
• Words such as "Liberty," "In God We Trust," "United States of America," and "E Pluribus Unum."

The designs will be chosen by the Secretary of the Treasury in consultation with the Rosie the Riveter Trust and reviewed by the Citizens Coinage Advisory Committee.

Issuance and Sale

The coins will be issued in uncirculated and proof qualities, and they may be sold only during the one-year period starting January 1, 2028. The Secretary of the Treasury will set sale prices that include the coins' face value, surcharges, and the costs associated with their production.

Surcharges

A surcharge will be added to each coin sold. This surcharge will be:

• $35 for each $5 coin
• $10 for each $1 coin
• $5 for each half-dollar coin

The surcharges collected will go to the Rosie the Riveter Trust to assist in maintaining the Rosie the Riveter WWII Home Front National Historical Park and for educational programs related to the Home Front efforts during the war.

Financial Assurances

The bill includes provisions to ensure that the minting and issuing of these coins will not incur a net cost to the U.S. Government. Funds will not be distributed to beneficiaries until the total costs of production are recovered by the U.S. Treasury.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from S. 92: Defending American Sovereignty in Global Pandemics Act. This bill was received on 2025-01-14, and currently has 15 cosponsors.

Here is a short summary of the bill:

This bill, titled the Defending American Sovereignty in Global Pandemics Act , aims to establish specific limits on the ability of the United States to engage with international agreements related to pandemic preparedness and response, particularly those governed by the World Health Organization (WHO). Here’s a summary of its main provisions:

Senate Approval Requirement

The bill mandates that before the U.S. can agree to any international treaty or agreement under the WHO regarding pandemic response, it must first receive approval from the Senate. This includes any convention or agreement intended to enhance pandemic prevention, preparedness, and response measures.

Funding Suspension

Additionally, the bill proposes to suspend any financial commitments to the WHO until the Senate has formally ratified any applicable international agreement. This suspension would apply to the obligation or expenditure of funds, meaning that the U.S. government cannot allocate money to the WHO in the interim between the effective date of the agreement and its ratification by the Senate.

Effective Dates

The restrictions outlined in the bill would come into effect as soon as an applicable agreement is enacted. Specifically:

• The U.S. cannot become a party to any agreement under the WHO unless it goes through the constitutional treaty process.
• Funding for the WHO would not resume until the Senate confirms the ratification of such an agreement.

Objective

The primary objective of this bill is to ensure that the United States maintains control over its obligations in global health matters and to reinforce the role of the Senate in the ratification of international treaties concerning public health, specifically during pandemics.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 378: Thin Blue Line Act. This bill was received on 2025-01-14, and currently has 17 cosponsors.

Here is a short summary of the bill:

The proposed legislation, known as the Thin Blue Line Act, aims to amend existing U.S. law regarding the death penalty. Specifically, it seeks to add new aggravating factors for imposing the death penalty against individuals who kill or attempt to kill certain categories of law enforcement officers or first responders. Here’s a breakdown of the main components of the bill:

Key Provisions

• Aggravating Factors Introduced: The bill proposes to include a new aggravating factor under Title 18, Section 3592 of the U.S. Code. This addition would apply when a defendant kills or targets law enforcement officers or first responders.
• Definition of Victims: The bill defines the targeted individuals as those authorized by law to engage in specific public safety roles, including:
  • Preventing, investigating, or prosecuting criminal violations;
  • Apprehending or arresting individuals for criminal activities;
  • Serving as firefighters or other first responders.
• Conditions of Targeting: The aggravating factor would apply if the targeted person was killed or attacked:
  • While performing their official duties;
  • Because of their official duties;
  • Due to their status as a public official or employee.

Impact on Legal Proceedings

This legislation would potentially increase the circumstances under which a defendant could receive the death penalty in cases involving the targeting of law enforcement or first responders. It explicitly emphasizes the protection of individuals in these public safety roles by classifying acts against them as more severe under the law.

Relevant Companies

• None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from S. 89: Sporting Firearms Access Act of 2025. This bill was received on 2025-01-14, and currently has 13 cosponsors.

Here is a short summary of the bill:

This bill is known as the Sporting Firearms Access Act of 2025. Its main goal is to reform the current restrictions on importing firearms and ammunition into the United States. Here are the key provisions outlined in the bill:

Changes to Firearm Importation Rules

The bill proposes several amendments to the existing laws regarding the importation of firearms and ammunition:

• Authority of the Attorney General: The bill states that the Attorney General will have the authority to allow the importation of certain firearms and ammunition that are generally recognized as suitable for sporting purposes, which include uses such as hunting, recreational target shooting, and organized competitions.
• Conditional Importation: Importation of firearms and ammunition will be subject to the Attorney General's determination, but there are specific criteria that must be met for these determinations to proceed.
• Timeframe for Decisions: The Attorney General is required to make a determination about the importation request within 90 days. If this decision is not made within that period, the importation will automatically be allowed.

Process for Denial of Importation

If the Attorney General denies a request to import a firearm or ammunition, the following procedures will apply:

• Basis for Denial: The Attorney General must provide a written explanation for the denial and post this information on the Bureau of Alcohol, Tobacco, Firearms, and Explosives' website.
• Similar Imports: The Attorney General cannot deny the importation of a firearm or ammunition that is substantially similar to firearms currently available in the U.S.
• Hearing Rights: Individuals who are denied importation rights may request a hearing to review the denial, which must be held at a convenient location for the person appealing the decision.

Legal Recourse for Denied Applications

If a denial occurs after the hearing, the affected party has the right to challenge this decision in a U.S. district court. The process allows for:

• The court to review any evidence submitted during the hearing.
• The burden of proof lying with the Attorney General to justify the denial.
• Possibility of recovering attorney fees if the court overturns the denial.

Technical Amendments

The bill also contains technical amendments related to prior laws, making adjustments to certain legal references within the U.S. code pertaining to the importation of firearms.

Overall Objective

The overall objective of the Sporting Firearms Access Act of 2025 is to clarify and streamline the process for importing firearms and ammunition for sporting purposes while ensuring that there are established rights and procedures for individuals whose requests have been denied. By doing so, the bill aims to enhance the ability for individuals to access firearms intended for recreational and competitive use.

Relevant Companies

• Ruger (RGR) : A manufacturer of firearms, may be affected by increased demand for sporting firearms if import restrictions are eased.
• Sportsman's Warehouse (POWW) : A retail company selling hunting and shooting sports equipment, may experience changes in inventory options and sales due to potential increased importation.
• Vista Outdoor (VSTO) : A company involved in outdoor sports and ammunition manufacturing, could see impacts on their product lines related to imported firearms and ammunition.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 438: PFC Joseph P. Dwyer Peer Support Program Act. This bill was received on 2025-01-15, and currently has 13 cosponsors.

Here is a short summary of the bill:

This bill, known as the PFC Joseph P. Dwyer Peer Support Program Act, aims to create a program for financial support that will enable various state and local organizations to set up and run peer-to-peer mental health support for veterans. Here are the key elements of the bill:

Establishment of a Grant Program

The bill authorizes the Secretary of Veterans Affairs to create a grant program called the PFC Joseph P. Dwyer Peer Support Program. Through this program, grants will be provided to qualified entities to develop and implement peer-to-peer mental health services specifically for veterans.

Eligible Entities

The bill defines "eligible entities" as the following organizations that can apply for grants:

• A nonprofit organization that has a history of serving veterans’ mental health needs.
• A congressionally chartered veteran service organization.
• A state, local, or Tribal veteran service agency, director, or commissioner.

Grant Amounts

Organizations that receive grants through this program may receive up to $250,000 to support their peer-to-peer mental health initiatives.

Use of Funds

Grant recipients are expected to utilize the funds for various purposes, including:

• Implementing a program that conforms to specific standards set forth by the Secretary.
• Hiring veterans to act as peer specialists who will facilitate both group and individual support sessions for veterans seeking assistance.
• Providing mental health support to veterans around the clock, every day of the week.
• Employing staff to assist in the operational needs of the program.

Program Standards

The Secretary will be responsible for forming an advisory committee that will create standards for the peer support programs. These standards will define:

• The initial and ongoing training requirements for veteran peer volunteers.
• The necessary administrative staffing and best practices for effectively addressing the varied needs of veterans participating in the program.

Record Keeping

Recipients of the grant are not required to maintain records regarding the veterans they support, nor are they obligated to report any personally identifiable information about these veterans to the Secretary of Veterans Affairs.

Funding Authorization

The bill proposes to allocate $25 million over a three-year period to fund this grant program, beginning from the date the legislation is enacted.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 342: Honor Inauguration Day Act. This bill was received on 2025-01-13, and currently has 17 cosponsors.

Here is a short summary of the bill:

This bill, titled the "Honor Inauguration Day Act," aims to establish a requirement for the United States flag to be flown at its highest peak on every presidential Inauguration Day. The primary goal of the legislation is to honor and celebrate the democratic process and the will of the people as expressed through elections.

Key Provisions of the Bill

• The bill formally requires that the U.S. flag be displayed at its highest point on Inauguration Day, which is the day a newly elected president is inaugurated into office.
• This requirement is set to apply regardless of any other laws or regulations that might typically dictate how or where the flag is displayed.

Purpose of the Bill

According to the findings included in the bill:

• The United States has a long and notable electoral history that serves as a model for other countries.
• Voting represents the ultimate expression of the public's will.
• Inauguration Day is intended to be a day of celebration for this democratic process and the expression of the people's choice.
• As a symbol of this celebration, it is proposed that the American flag should be proudly flown at its highest position on this significant day.

Implementation

Should this bill be enacted into law, every January Inauguration Day would see the U.S. flag displayed at its highest point in honor of the occasion, thereby reinforcing the importance of the peaceful transition of power in the American political system.

Relevant Companies

None found

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from H.R. 404: Hearing Protection Act. This bill was received on 2025-01-15, and currently has 51 cosponsors.

Here is a short summary of the bill:

This bill, known as the Hearing Protection Act, aims to amend various sections of the Internal Revenue Code and the United States Code in relation to firearm silencers. Below are the key components of what the bill proposes:

1. Removal of Silencers from Firearm Definition

The bill seeks to redefine the term "firearm" by removing silencers from its definition. This means that silencers would no longer be classified as firearms, which can change how they are regulated under federal law.

2. Equal Treatment of Silencers

The legislation proposes that individuals acquiring or possessing firearm silencers will be considered to have met the registration and licensing requirements set forth by the National Firearms Act. This simplifies the legal status of silencers for holders and manufacturers.

3. Preemption of State Laws

The bill would also preempt any state or local laws that impose taxes or extra regulations on silencers that could affect interstate commerce. This means states would not be allowed to impose their own regulations that differ from federal law regarding the sale and ownership of silencers.

4. Destruction of Records

Within a year of the law's enactment, the Attorney General would be required to destroy any records that register firearm silencers in the National Firearms Registration and Transfer Record. This measure aims to eliminate historical data on registered silencers that would no longer fall under federal regulation.

5. Amendments to Gun Control Regulations

The bill includes amendments to other sections of the United States Code that redefine rules concerning firearm silencers and mufflers. For example:

• The definitions of "firearm silencer" and "firearm muffler" would be clarified to specify the devices designed to silence or muffle the noise of a firearm.
• It introduces specific identification and serialization requirements for licensed importers and manufacturers of silencers.

6. Tax on Silencers

The bill imposes a 10% federal tax on the transfer or sale of firearm silencers and mufflers, thereby imposing a federal financial responsibility on silencers similar to that of other taxed items.

7. Effective Date

The amendments outlined in the bill would apply to activities and products after a period of 90 days from the enactment date of the law.

Relevant Companies

• RGR : Sturm, Ruger & Company, Inc. may see an increase in demand for their silencer products if they become less regulated.
• SAFM : American Outdoor Brands, which owns the Smith & Wesson brand, could benefit from streamlined regulations on silencers, potentially increasing sales.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

We have received text from S. 84: Sarah's Law. This bill was received on 2025-01-14, and currently has 34 cosponsors.

Here is a short summary of the bill:

This bill, titled "Sarah's Law," aims to amend the existing U.S. Immigration and Nationality Act concerning the detention of non-citizens who are charged with certain crimes. Here are the key components of the bill:

Mandatory Detention of Certain Aliens

The bill proposes that U.S. Immigration and Customs Enforcement (ICE) must detain aliens (non-citizens) who:

• Have been charged with a crime that resulted in the death or serious bodily injury of another person.
• Have not been properly inspected or admitted into the United States.
• Hold a nonimmigrant visa that has been revoked.
• Are subject to specific provisions of U.S. immigration law.

Notification Requirements

The bill also establishes a protocol for notifying victims or their family members when an alien charged with a crime is detained. ICE is required to:

• Obtain information from law enforcement regarding the victims involved in the crimes.
• Provide timely and ongoing information to the victims or their nearest relatives that includes:
• The alien's full name, any aliases, date of birth, and nationality.
• The alien's immigration status and criminal history.
• The alien's custody status and any changes in that status.
• An overview of the U.S. Government's efforts to remove the alien from the country.

Savings Provision

Lastly, the bill includes a provision stating that it does not limit the rights of crime victims under any other laws, ensuring that existing victim rights are maintained.

Relevant Companies

None found.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.