Quiver News

The Senate has passed S. 331 - Halt All Lethal Trafficking of Fentanyl Act. This bill was introduced by Senator Bill Cassidy.

The vote was 84-16.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's S. 331 bill page.

Here is a short summary of a January 30, 2025 version of the bill.

S. 331 - Halt All Lethal Trafficking of Fentanyl Act Summary

This bill, titled the **Halt All Lethal Trafficking of Fentanyl Act** (or **HALT Fentanyl Act**), aims to address the issue of fentanyl-related substances by making several amendments to the Controlled Substances Act. Here is a summary of its key components:

1. Class Scheduling of Fentanyl-Related Substances

The bill proposes to explicitly include all substances that are related to fentanyl in schedule I of the Controlled Substances Act, unless they are specifically exempted or listed in another schedule. This includes any compound, mixture, or preparation that contains any amount of a fentanyl-related substance.

It defines “fentanyl-related substance” as any substance structurally related to fentanyl, including modifications to its chemical structure like replacing certain groups or altering the base structure.

The Attorney General would also be allowed to publish a list of substances that meet these criteria, which would not negate their controlled status if they are not listed.

2. Research Registration Requirements

The bill proposes changes to the registration process for researchers working with schedule I substances, offering an expedited procedure for those conducting significant research. This would allow practitioners to notify the Attorney General about their research plans, with the expectation of a prompt response.

Moreover, the bill stipulates that researchers may conduct specific types of research without needing a new registration if they already have one for a related substance.

3. Registration Flexibility for Research Institutions

Research institutions would be allowed to register a single practitioner to conduct research without requiring separate registrations for each individual working under that registration, provided that certain conditions are met and the Attorney General is informed.

4. Continuation of Research after Scheduling

If a researcher is already conducting studies on a substance that is newly added to schedule I, that researcher can continue their work for a limited time during which they must apply for appropriate registration to continue this research legally.

5. Manufacturing Activities Linked to Research

The act allows researchers, under certain conditions, to perform small-scale manufacturing of controlled substances solely for their research purposes without requiring a manufacturing registration, as long as they keep detailed records of what they are doing.

6. Transparency and Rulemaking Procedures

The Attorney General is required to implement rules for the act within six months of its enactment, aiming to maintain transparency in how these rules are developed and the processes for different controlled substances.

7. Penalties and Definitions Related to Fentanyl-Related Substances

The bill introduces penalties for the trafficking of fentanyl-related substances, ensuring that any analogue or related substance falls under the same legal implications and penalties applied to fentanyl. The definition of "fentanyl-related substance" will also be established within the Controlled Substances Act.

8. Applicability

All amendments made by the act shall apply from the date of enactment, regardless of when any rules are finalized.

Relevant Companies

• PFE - Pfizer Inc.: As a pharmaceutical company, Pfizer may be engaged in research related to fentanyl or its compounds and could be affected by changes in how fentanyl-related substances are regulated.
• NVS - Novartis AG: Like Pfizer, Novartis is involved in pharmaceuticals and may need to adjust research and development strategies in light of this legislation.

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 S. 141: Connected Maternal Online Monitoring Act. This bill was received on 2025-01-16, and currently has 3 cosponsors.

Here is a short summary of the bill:

This bill, known as the Connected Maternal Online Monitoring Act, aims to improve maternal and child health outcomes for women who are pregnant or postpartum and are enrolled in State Medicaid programs. Here are the main points of what the bill would do:

Report to Congress

The bill mandates that within 18 months after it is enacted, the Secretary of Health and Human Services must provide a report to Congress detailing:

• Current practices and authorities concerning the coverage of remote physiologic monitoring devices under State Medicaid programs.
• Identified limitations and barriers that hinder the coverage of these devices.
• The impact of these limitations on maternal health outcomes.
• Recommendations to address these limitations or barriers.

The remote physiologic monitoring devices referenced may include items such as pulse oximeters, blood pressure cuffs, scales, and blood glucose monitors, all of which are relevant for monitoring health during pregnancy and postpartum recovery.

Updating Resources for States

Additionally, the bill requires that within 6 months following the submission of the report, the Secretary must update existing resources available to State Medicaid programs, including telehealth toolkits. These updates will align with the recommendations made in the report, helping states improve and facilitate the coverage of remote monitoring devices in their Medicaid programs.

Overall Purpose

The primary objective of this legislation is to identify and mitigate barriers that pregnant and postpartum women face in accessing remote health monitoring, with an overarching goal of enhancing the health outcomes for mothers and children covered by Medicaid.

Relevant Companies

• ARDX - Ardelyx, Inc. might be impacted as it focuses on developing treatments that relate to metabolic health monitoring which could tie into the usage of remote monitoring devices.
• MDGL - Madrigal Pharmaceuticals, Inc. could be indirectly affected, given its involvement in the health space and the potential increased demand for health monitoring technologies.

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

We have received text from S. 285: Fairness for Crime Victims Act of 2025. This bill was received on 2025-01-28, and currently has 2 cosponsors.

Here is a short summary of the bill:

This bill, titled the **Fairness for Crime Victims Act of 2025**, aims to ensure that the funds collected for the **Crime Victims Fund** are consistently available for supporting victims of crime. The key objectives of the bill can be summarized as follows:

Background

The Crime Victims Fund was established in 1984. It operates on the principle that the funds collected from fines and penalties imposed on convicted criminals should be used to assist those who have suffered from crimes. The fund is supported by fines, penalties, and private donations, and it does not receive taxpayer money. It is intended to provide various services to victims of crime, particularly focusing on those affected by child abuse, sexual assault, and domestic violence.

Issues Addressed

• Historically, there have been significant amounts of money withheld from the Crime Victims Fund—over $10 billion since 2000. This has limited the disbursement of funds to crime victims despite the collection of these funds.
• From 2010 to 2014, approximately $12 billion was collected, but only about $3.6 billion (30%) was distributed to victims, leading to a gap in funding.
• Although disbursals have increased since 2015, there is a need for a permanent solution to guarantee that funds are reliably distributed to victims of crime each year.

Provisions of the Bill

The bill includes specific points regarding mandatory budgetary changes affecting the Crime Victims Fund:

• It establishes a point of order in the Senate against any provision that would reduce the amount available from the Crime Victims Fund below a three-year average amount. This means that if a new budget proposal threatens to decrease the funding below what has typically been allocated over the past three years, it can be challenged and blocked from proceeding.
• This point of order applies to appropriations bills and amendments, ensuring that any proposed changes must maintain or exceed the average funding level over the specified period.
• In the House of Representatives, similar points of order would also be established to prevent reductions in funding for the Crime Victims Fund. If an amendment or conference report would lead to less funding, it would not be allowed to proceed.
• The proposed legislation allows exceptions where the difference in funding does not exceed $2 billion, providing a buffer against minor adjustments without triggering a point of order.

Objective

The overall aim of the bill is to restore fairness and reliability in the funding available for crime victims. By putting these budgetary limitations in place, the bill seeks to ensure that victims receive the support and services they need without the risk of future funding being diminished due to legislative 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. 815: Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025. This bill was received on 2025-01-28, and currently has 1 cosponsor.

Here is a short summary of the bill:

This bill, known as the Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025, seeks to amend the Internal Revenue Code to extend the tax incentives for environmental remediation costs related to brownfields. Brownfields are properties where redevelopment is complicated by the presence of hazardous substances, pollutants, or contaminants. The following outlines the main provisions of the bill:

1. Extension of Expensing Tax Incentives

The bill proposes to amend Section 198(h) of the Internal Revenue Code, which deals with the expensing of environmental remediation costs. The key changes include:

• The current expiration for qualifying expenses, which is set for after December 31, 2011, will be modified.
• Expenditures incurred for environmental remediation will be eligible for expensing if they occur after December 31, 2011, and before January 1, 2025 , or if they occur after December 31, 2028 .

2. Effective Date

The changes made by the bill will apply to expenses paid or incurred after December 31, 2024. This means that businesses would be able to take advantage of these tax benefits for remediation costs that arise during this extended eligibility period.

The purpose of these amendments is to incentivize the cleanup and redevelopment of contaminated properties, which can help stimulate economic development, improve environmental conditions, and promote public safety in communities affected by brownfields.

Relevant Companies

• None found

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

We have received text from S. 287: Marcella LeBeau Recognition Act. This bill was received on 2025-01-28, and currently has 1 cosponsor.

Here is a short summary of the bill:

This bill, titled the Marcella LeBeau Recognition Act , proposes to officially rename a Federal building located at 225 South Pierre Street in Pierre, South Dakota, to the Marcella LeBeau Federal Building . The bill specifies the following key points:

Designation of the Building

The primary purpose of the bill is to designate the specified Federal building in Pierre, South Dakota, with the name of Marcella LeBeau. This involves:

• Changing the official name of the building to Marcella LeBeau Federal Building .
• Updating all relevant legal references, maps, regulations, and documents to reflect this new name.

Purpose of the Name Change

While the bill does not explicitly state the reasons behind the name change, it is common for such bills to honor individuals who have made significant contributions to their community or the nation. Marcella LeBeau may be recognized for her achievements or service, which could be relevant to the community and the federal government.

Legislative Process

The bill has been introduced in the 119th Congress by Senator Rounds, co-sponsored by Senator Thune. As part of the legislative process, it has been read twice and referred to the Committee on Environment and Public Works for further consideration.

Impact of the Bill

The renaming process itself is primarily administrative and aims to honor Marcella LeBeau. Changes in name may have symbolic and local significance but are unlikely to have a widespread economic impact or involve substantial governmental revisions apart from the name change in records.

Relevant Companies

None found

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

We have received text from S. 284: Congressional Award Program Reauthorization Act. This bill was received on 2025-01-28, and currently has no cosponsors.

Here is a short summary of the bill:

This bill is known as the Congressional Award Program Reauthorization Act. Its main purpose is to extend the authorization of the Congressional Award Program, which encourages young people to participate in community service, personal development, and other activities that contribute to their growth and citizenship.

Key Provisions

• Extension of Authorization: The bill seeks to extend the program's authorization from October 1, 2023, to October 1, 2028. This means that the program will continue to operate for five more years without interruption.
• Retroactive Effective Date: The change extending the termination date is effective as though it was enacted on October 1, 2023, ensuring the program’s continuity from that point.
• Amendments to Medal Design: The bill makes modifications to the specifications regarding the medals awarded through the program. Specifically:
  • It removes the specific materials (gold-plate, rhodium, or bronze) that the medal should consist of, allowing for more flexibility in its design.
  • It alters the wording in the program's guidelines for clarity and consistency regarding the medal's production.

Implementation

The proposed amendments and extensions would require the relevant authorities overseeing the Congressional Award Program to continue their efforts in promoting youth engagement and development. The changes aim to foster a supportive environment for young individuals to pursue their interests and contribute positively to society.

Background

The Congressional Award Program was established to recognize, encourage, and reward young people for their accomplishments in fields like community service, personal development, and physical fitness. By extending its authorization and updating its provisions, the bill aims to ensure that the program remains a viable resource for youth engagement in the coming years.

Relevant Companies

• None found

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

We have received text from S. 282: Katahdin Woods and Waters National Monument Access Act. This bill was received on 2025-01-28, and currently has no cosponsors.

Here is a short summary of the bill:

This bill, titled the Katahdin Woods and Waters National Monument Access Act , aims to enhance access to the Katahdin Woods and Waters National Monument located in Maine. The key points of the bill are as follows:

Authorized Acquisition Area

The bill designates an authorized acquisition area outside the existing boundaries of the National Monument. This area is indicated on an official map and is meant for future land acquisitions.

Land Acquisition

• The Secretary of the Interior is granted the authority to acquire land or interests in land within the authorized acquisition area.
• Acquisitions can be made through purchase from willing sellers, donations, or exchanges.
• The use of eminent domain (forcing the sale of property) is prohibited in this process.

Boundary Adjustments

When land is acquired under this bill, those lands will be included in the National Monument, and the boundaries of the Monument will be adjusted accordingly.

Administration of the National Monument

The Secretary of the Interior will manage the National Monument, including newly acquired lands, following the provisions of this bill and in accordance with existing laws. Specific provisions include:

• Outdoor Activities: Activities such as hunting and fishing that were present before land acquisition will continue to be allowed on those lands.
• Fiddlehead Fern Gathering: The Secretary will permit the hand gathering of fiddlehead ferns for personal use, barring any limitations due to environmental concerns.
• Public Education: The bill calls for collaboration with local communities and Tribal governments to provide education about the natural environment and history of the area.
• Forestry Practices: Noncommercial timber harvests may be permitted if deemed necessary according to the management plan.
• Public Safety: The Secretary will develop safety education and procedures to ensure safe interactions between visitors and logging operations occurring in or around the National Monument.

Administrative Sites and Visitor Facilities

The Secretary may also acquire up to 10 acres of land outside the National Monument to facilitate administrative needs and visitor services. This may include purchasing or receiving donated land or interests in land. The Secretary can form agreements with local, state, Tribal governments, and private entities for these purposes.

Overall Objectives

The overall objective of this legislation is to improve regional access to the Katahdin Woods and Waters National Monument, enhance recreational opportunities, and ensure responsible management of its natural resources.

Relevant Companies

None found

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

We have received text from S. 241: Northern Montana Water Security Act of 2025. This bill was received on 2025-01-24, and currently has 1 cosponsor.

Here is a short summary of the bill:

The Northern Montana Water Security Act of 2025 is legislation designed to address water rights issues for the Fort Belknap Indian Community while also providing a framework for water management and related projects. The key provisions of the bill include:

Settlement of Water Rights Claims

The bill explicitly aims to establish tribal water rights for the Fort Belknap Indian Community. It mandates the federal government to take actions to implement a water rights Compact that settles existing claims.

Land Exchanges

To facilitate the settlement, the bill requires land exchanges between the U.S. government and the Fort Belknap Indian Community. This includes:

• Administrative provisions for managing and transferring trust land.
• Allocation of water rights from Lake Elwell.
• Conditions related to cooperation and personal property management.
• Limitations on land usage, notably regarding gaming activities.

Water Rights Management

The legislation stipulates that all water allocated as part of the settlement must remain within the Missouri River Basin. It ensures that the Fort Belknap Indian Community's water rights are preserved and not permanently alienated. Additionally:

• The Secretary is not responsible for any costs associated with the development or delivery of water.
• There is no provision for carryover storage of water allocations.
• The water rights allocations will take effect on a specified enforceability date.

Funding for Water Projects

The bill allocates over $400 million for various water and irrigation projects, specifically benefiting the Fort Belknap Indian Community and the Blackfeet Tribe. It also establishes a funding mechanism that allows for access to this funding without the need for further appropriations by Congress. Importantly, the bill reaffirms that the U.S. government does not waive its sovereign immunity through this legislation.

Relevant Companies

None found

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

The House has passed H.R. 695 - Medal of Honor Act. This bill was introduced by Representative Troy E. Nehls.

The vote was 424-0.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 695 bill page.

Here is a short summary of a January 23, 2025 version of the bill.

H.R. 695 - Medal of Honor Act Summary

This bill is referred to as the Medal of Honor Act and aims to amend certain provisions in title 38 of the United States Code regarding special pensions for Medal of Honor recipients. Its main purposes are as follows:

Key Provisions

• Increase Pension for Living Recipients: The bill proposes to significantly increase the monthly special pension paid to living Medal of Honor recipients from the current amount of $1,406.73 to $8,333.33 .
• Adjustment for Surviving Spouses: For the surviving spouses of Medal of Honor recipients, the bill modifies the terms related to their special pension. It stipulates that the special pension amount remains at $1,406.73 , subject to adjustments over time.

Findings Supporting the Bill

The bill outlines several findings, including:

• The Medal of Honor is recognized as the highest military decoration in the United States.
• The criteria for earning the Medal of Honor involve acts of gallantry that stand out from lesser forms of bravery.
• Recipients of the Medal of Honor serve as an inspiration for current and future members of the Armed Forces.
• Those honored on the Medal of Honor Roll are highlighted as exemplifying the best traits of military service.

The bill emphasizes the need for a substantive increase in the pension for these recipients as recognition for their heroic actions and commitment to service.

Implementation of Changes

By amending the existing statutes, the bill seeks to formally put these increased amounts into law, thereby providing greater financial support to recipients and their families. The changes would directly address the needs of those who have displayed extraordinary bravery in service to the country.

Impact on Pensions

The increased pension rates would provide substantial financial assistance to living Medal of Honor recipients and ensure that the surviving spouses receive a specified pension amount that is also subject to future adjustments.

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. 820: Bottles and Breastfeeding Equipment Screening Enhancement Act. This bill was received on 2025-01-28, and currently has 17 cosponsors.

Here is a short summary of the bill:

This bill, known as the Bottles and Breastfeeding Equipment Screening Enhancement Act, proposes to enhance the safety and hygiene standards concerning the handling of breast milk and baby formula during airport security screenings. Here are the key provisions of the bill:

1. Improved Guidance for Screening Personnel

The bill mandates that the Transportation Security Administration (TSA) must establish or update guidelines aimed at minimizing contamination risks for:

• Breast milk
• Baby formula
• Purified deionized water for infants
• Juice
• Accessories such as ice packs, freezer packs, and frozen gel packs

This guidance must be developed in consultation with recognized maternal health organizations to ensure it meets appropriate hygiene standards.

2. Regular Updates

The TSA is required to issue these guidelines not later than 90 days after the bill becomes law and to update them every five years if warranted.

3. Compliance and Testing Standards

Under the new guidelines, when additional screening is necessary, any testing must adhere to the hygiene standards established by the TSA. This is intended to ensure that screening procedures do not compromise the safety and quality of breast milk and baby formula.

4. Oversight through Audits

Within a year of the bill's enactment, the Inspector General of the Department of Homeland Security is instructed to perform an audit. This audit will:

• Assess compliance with the bill's requirements
• Evaluate the impact of various screening technologies on the effectiveness and safety of handling these liquids
• Report on how often these items are denied entry into secure areas of airports

The audit report will be submitted to specific committees in both the House of Representatives and the Senate for review.

5. Applicability

The new rules will apply not only to TSA personnel but also to staff of private security companies responsible for screening as per federal 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. 802: Semiconductor Technology Advancement and Research Act of 2025. This bill was received on 2025-01-28, and currently has 17 cosponsors.

Here is a short summary of the bill:

The Semiconductor Technology Advancement and Research Act of 2025, also known as the STAR Act of 2025, aims to enhance support for semiconductor design activities within the United States by amending the Internal Revenue Code.

Key Provisions

1. Advanced Manufacturing Investment Credit: The bill proposes to include “qualified semiconductor design expenditures” when determining the advanced manufacturing investment credit a taxpayer can claim. This credit is designed to encourage investment in manufacturing facilities and processes.
2. Qualified Semiconductor Design Expenditures: The term 'qualified semiconductor design expenditures' refers to expenses incurred for semiconductor design within the U.S. These include:
   • In-house design expenses, such as wages for employees engaged in semiconductor design and costs for necessary supplies.
   • Contract design expenses paid to outside firms or individuals for semiconductor design services.
3. Details on In-house and Contract Design Expenses:
   • In-house expenses cover wages, supplies, and potentially fees for using computers for design.
   • Contract expenses are fully deductible for any amounts paid for such services.
4. Eligibility and Trade or Business Requirement: The Act allows certain startup ventures to qualify for tax benefits even if they have not yet started a trade or business, as long as the design expenses aim to contribute to future business operations.
5. Qualified Semiconductor Design Definition: It focuses on the development of product designs and specifications aimed at improving semiconductor manufacturing. This does not include expenses related to aesthetic enhancements or post-production designs.
6. Limitations on Credit Use: If taxpayers claim credits for qualified semiconductor design expenditures, they cannot include these amounts when calculating other research and development tax credits in the same year.
7. Effective Dates and Limits: The provisions apply to expenditures paid or incurred after the bill is enacted, and the credits will not be applicable to expenditures after December 31, 2036.

Overall Purpose

Ultimately, the Act seeks to promote domestic semiconductor design and manufacturing by providing tax incentives, potentially leading to increased technological innovation and economic growth in this field.

Relevant Companies

• INTC (Intel Corporation) - Likely to benefit from increased tax credits that enhance their semiconductor design and manufacturing expenditures, which could lead to increased competitiveness and development projects.
• AMD (Advanced Micro Devices) - Could gain from expanded credits for design activities, supporting their research and production capabilities domestically.
• NVDA (NVIDIA Corporation) - Similar benefits to AMD and Intel as they engage heavily in semiconductor design and would qualify for the proposed tax incentives.

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

We have received text from H.R. 801: Charitable Act. This bill was received on 2025-01-28, and currently has 20 cosponsors.

Here is a short summary of the bill:

This bill, titled the Charitable Act, proposes changes to the Internal Revenue Code regarding tax deductions for charitable contributions, specifically for individuals who do not itemize their deductions on their tax returns. Here are the main components of the bill:

Modification of Charitable Contribution Deductions

The bill seeks to revise section 170 of the Internal Revenue Code to allow individuals who do not choose to itemize deductions for the tax years 2026 and 2027 to claim a charitable contribution deduction. This deduction would be calculated as one-third of the standard deduction amount applicable to the individual taxpayer for the respective taxable year.

Elimination of Penalties

The legislation includes provisions to eliminate certain penalties related to the handling of deductions:

• Removal of a specific penalty: The bill proposes to delete an identified penalty related to deductions, effectively reducing the potential for penalties that could apply to charitable contributions.
• Increased penalties adjustments: Section 6662 of the Internal Revenue Code will be amended to remove an existing clause, thereby enhancing the clarity on penalties without the previous subsection's implications.
• Conforming amendments: The bill makes additional adjustments to ensure that other sections of the Internal Revenue Code are aligned with the changes made by this bill.

Effective Date

The changes outlined in the bill are slated to take effect for taxable years beginning after December 31, 2025. This means that the new rules for deductions and penalties will apply starting with the 2026 tax year.

Summary

In summary, the Charitable Act introduces a mechanism to allow a tax deduction for charitable contributions for individuals who do not itemize deductions, establishes specific limits to those deductions, removes certain penalties, and lays the groundwork for these changes to become effective in 2026.

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. 778: Safeguarding American Workers’ Benefits Act. This bill was received on 2025-01-28, and currently has 23 cosponsors.

Here is a short summary of the bill:

This bill, titled the Safeguarding American Workers’ Benefits Act , aims to amend certain requirements related to claiming tax credits in the United States.

Key Provisions of the Bill

• Modification of Social Security Number Requirements for Child Tax Credit: The bill changes the rules around the child tax credit, specifically regarding the requirement for a taxpayer to provide a social security number (SSN) for themselves and their qualifying children when filing their tax return.
  • Taxpayers must include their own SSN and the SSN of any qualifying child on their tax return to receive the child tax credit.
  • This SSN must be issued by the Social Security Administration to a U.S. citizen or in accordance with certain provisions in the Social Security Act, and it must be provided before the tax return's due date.
• Modification of Social Security Number Requirements for Earned Income Tax Credit: Similarly, the bill modifies the social security number requirements for the earned income tax credit (EITC).
  • Taxpayers must now provide a social security number, as defined previously, when claiming the EITC.
  • The bill specifies that certain types of SSNs, as mentioned in the existing tax code, will no longer meet this requirement.
• Effective Date: The changes proposed in this bill would apply to taxable years beginning after December 31, 2025.

The overall intent of the bill is to clarify and tighten the regulations surrounding the social security number requirements for individuals claiming these tax credits, which are financial benefits aimed at supporting families and low-income workers.

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. 821: Fred Korematsu Congressional Gold Medal Act of 2025. This bill was received on 2025-01-28, and currently has 21 cosponsors.

Here is a short summary of the bill:

This legislation, referred to as the **Fred Korematsu Congressional Gold Medal Act of 2025**, aims to honor Fred Korematsu, a Japanese American civil rights activist, by awarding him a Congressional Gold Medal posthumously. This recognition acknowledges his significant contributions to civil rights, his loyalty to the nation, and his commitment to justice and equality during a time of great adversity.

Background

Fred Korematsu was born on January 30, 1919, in Oakland, California, to Japanese immigrant parents. He faced discrimination and was wrongfully classified as an enemy alien during World War II, which prevented him from enlisting in the military. Following the attack on Pearl Harbor on December 7, 1941, the U.S. government issued Executive Order 9066, which led to the internment of Japanese Americans, including Korematsu. He resisted this order and was arrested, ultimately serving time in a detention facility.

Recognition of Injustice

After initially upholding his conviction in Korematsu v. United States (1944), the U.S. Supreme Court later faced scrutiny, and it was revealed that the government had misled the Court about the security risks posed by Japanese Americans. His conviction was overturned in 1983 after advocates brought new evidence to light, and Congress later acknowledged the wrongful actions taken against Japanese Americans during that period, leading to reparations through the Civil Liberties Act of 1988.

Gold Medal Presentation

The bill outlines that the Speaker of the House and the President pro tempore of the Senate will organize a ceremony for the posthumous presentation of the gold medal to Fred Korematsu. The design of the medal will include appropriate emblems and an inscription featuring his name.

Display of the Medal

Once awarded, the gold medal will be given to the Smithsonian Institution, where it will be available for public display and research. The bill also indicates that preference should be given to displaying the medal at locations associated with the Smithsonian, such as the National Portrait Gallery.

Duplicates and Funding

The bill allows for the Secretary of the Treasury to create and sell bronze duplicates of the gold medal to cover production costs. Funds from these sales would go to the United States Mint Public Enterprise Fund, which is responsible for the costs associated with minting these medals.

Status of the Medals

The gold medals created under this legislation will be considered national medals, and all medals struck will be regarded as numismatic items according to relevant U.S. law.

Conclusion

This act not only aims to honor Korematsu's legacy but serves to remind the public and officials about the importance of civil liberties, particularly during times of national stress.

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. 756: 287(g) Program Protection Act. This bill was received on 2025-01-28, and currently has 14 cosponsors.

Here is a short summary of the bill:

This bill, known as the 287(g) Program Protection Act, proposes several changes to the section 287(g) of the Immigration and Nationality Act, which allows state and local law enforcement agencies to work with federal immigration authorities. Here's a breakdown of what the bill would do:

1. Establishment of Agreements

The bill mandates that the Secretary of Homeland Security must enter into agreements with state or local law enforcement agencies that request them. This establishes a formal collaboration for those agencies to perform functions related to immigration enforcement. Key points include:

• Agreements are to be made upon the request of a state or local agency.
• The Secretary is required to grant these requests unless there is a compelling reason not to, and any denial must be justified and publicly explained in advance.
• There are no limitations on the number of agreements that can be established.
• The Secretary must act quickly, with a deadline of 90 days to finalize any agreement after a request.

2. Flexibility in Enforcement Models

The bill allows agreements to cater to various models of immigration enforcement, which may include:

• Patrol model
• Task force model
• Jail model
• Any reasonable combination suited to the specific needs of the jurisdiction.

3. Agreement Stability and Termination Protections

The bill introduces strict rules on the termination of these agreements, which can only happen under compelling reasons. Key provisions include:

• Written notice of intent to terminate must be given at least 180 days in advance, explaining the reasons for termination.
• States or local agencies can appeal the termination decision through an administrative law judge or take it to court.
• Agreements remain effective during any legal proceedings regarding their termination.

4. Uniform Training Requirements

It requires the Secretary of Homeland Security to establish uniform training standards for law enforcement personnel involved in immigration enforcement under these agreements, aligning with the standards from the Federal Law Enforcement Training Center.

5. Funding Adjustments

The bill also makes changes regarding funding associated with the enforcement of immigration laws, specifically:

• Renaming the "Breached Bond/Detention Fund" to include "287(g)", reflecting its role in financing activities related to these agreements.
• Ensuring funds are allocated for administering the 287(g) program.

6. Reporting Requirements

The Secretary of Homeland Security is required to publish an annual performance report on the 287(g) program beginning one year after the bill's enactment. This report must include:

• The number of apprehensions and screenings conducted under the program.
• The number of individuals removed from the U.S. as a result of these activities.
• Details on any individuals who were not removed and reasons for that outcome.
• Oversight methods used for participating law enforcement agencies.
• The compliance status of these agencies with training requirements.
• The number of complaints filed against agencies for non-compliance.
• The number of agreements that have been terminated and the reasons for termination.

7. Recruitment Plans

Each year, the Secretary must also publish a recruitment plan outlining goals for bringing new states and local jurisdictions into the program, detailing outreach and the status of requests for agreements.

8. Rulemaking

The bill indicates that the Secretary must publish a notice of rulemaking regarding the training requirements within 180 days after the enactment 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. 224: Promoting Domestic Energy Production Act. This bill was received on 2025-01-23, and currently has 14 cosponsors.

Here is a short summary of the bill:

The "Promoting Domestic Energy Production Act" aims to amend the Internal Revenue Code, specifically regarding the treatment of intangible drilling and development costs for tax purposes. The key changes proposed by the bill include:

Changes to Tax Calculations

• The bill allows companies to include intangible drilling and development costs when calculating their adjusted financial statement income.
• It removes certain restrictions on how businesses can account for these costs in their financial statements.

Specific Accounting Adjustments

In more detail, the bill proposes the following adjustments:

• It modifies the Internal Revenue Code to reduce the complexity of deductions. This would involve:
• Eliminating some depreciation deductions when calculating adjusted income for intangible development costs.
• Disregarding depreciation and depletion expenses that are already accounted for in the companies’ financial statements.

Implementation Timeline

The amendments proposed in this bill would become effective for taxable years that begin after December 31, 2025.

Potential Impacts

By making these changes, the bill seeks to encourage domestic energy production by potentially lowering the tax burden on companies engaged in drilling and development activities and providing a clearer accounting method for related expenses.

Relevant Companies

• XOM (Exxon Mobil Corporation): This company could be impacted as it often incurs significant intangible drilling costs and may benefit from the ability to account for these costs more favorably when filing taxes.
• CVX (Chevron Corporation): Similar to Exxon, Chevron is involved in extensive drilling and could see tax benefits through the revised accounting practices proposed.
• OXY (Occidental Petroleum Corporation): This company may also significantly benefit from the bill, as it regularly invests in drilling and development activities that generate substantial intangible costs.

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

We have received text from H.R. 783: Sustainable Cardiopulmonary Rehabilitation Services in the Home Act. This bill was received on 2025-01-28, and currently has 15 cosponsors.

Here is a short summary of the bill:

This bill, known as the Sustainable Cardiopulmonary Rehabilitation Services in the Home Act, aims to amend existing healthcare policies to make it easier for patients to receive cardiopulmonary rehabilitation services in their homes, particularly through telehealth options. Here are the key components of the bill:

Extension of Telehealth Services

The bill seeks to ensure that certain flexibilities for in-home cardiopulmonary rehabilitation services, which were established during the COVID-19 pandemic, are made permanent. It specifies that these services can be provided in a patient's home using telehealth technology that allows for two-way audio-visual communication. This includes services offered by:

• Physicians
• Physician assistants
• Nurse practitioners
• Clinical nurse specialists

Expansion of Eligible Providers and Facilities

The legislation broadens the list of providers and facilities that can deliver telehealth cardiopulmonary rehabilitation services. It clarifies that:

• Hospitals can play a role in delivering these services.
• New originating sites (locations where patients can receive telehealth services) will be included.

Removal of Geographic Limitations

The bill removes geographic requirements that previously limited where certain rehabilitation program services could be delivered. This change allows for more flexibility in providing these services remotely to patients regardless of their location.

Rulemaking Authority

The Secretary of Health and Human Services will be empowered to create rules that establish:

• Standards for identifying a patient's home as a provider-based location for receiving these rehabilitation services.
• Criteria for cardiac and pulmonary rehabilitation programs to be included among telehealth services.

Implementation Timeline

The new standards put forth by the bill will take effect once they are issued by the Secretary of Health and Human Services. This aims to facilitate a prompt and organized transition to the new policies regarding cardiopulmonary rehabilitation services.

Overall Impact

In summary, the bill emphasizes making cardiopulmonary rehabilitation services more accessible by utilizing telehealth technologies and expanding the types of providers and locations that can offer such services. It aims to ensure patients can receive the required care in their homes, especially important for those with limited mobility or access to traditional healthcare facilities.

Relevant Companies

• UNH - UnitedHealth Group: As a major provider of health insurance and telehealth services, changes in telehealth regulations can directly impact their service offerings and operational strategies.
• CNC - Centene Corporation: A large managed care organization that could see increased demand for at-home cardiopulmonary rehabilitation services under the new telehealth provisions.
• HUM - Anthem, Inc.: As one of the largest health insurance providers, they may need to adjust their offerings and reimbursement policies to accommodate the expanded telehealth options detailed in the bill.

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

We have received text from H.R. 777: Closing the College Hunger Gap Act. This bill was received on 2025-01-28, and currently has 25 cosponsors.

Here is a short summary of the bill:

This bill, titled the Closing the College Hunger Gap Act , aims to address food insecurity among college students by enhancing their access to nutritional assistance programs. Specifically, it proposes the following actions:

Amendments to the Higher Education Act

The bill seeks to amend the Higher Education Act of 1965 to include provisions for informing certain students about their potential eligibility for the Supplemental Nutrition Assistance Program (SNAP), which is a federal program that helps people afford food.

Requirements for Communication

• Targeted Information: The Secretary of Education will be required to send information regarding SNAP eligibility to students who submit the Free Application for Federal Student Aid (FAFSA) and have a negative or zero student aid index.
• Forms of Communication: The information will be disseminated in both written and electronic formats. This communication will also provide contact details for the state agency in charge of administering SNAP in the student’s home state.

Collaboration with Other Agencies

The Secretary of Education must consult with the Secretary of Agriculture and any other relevant federal or state agencies to appropriately design the communications regarding SNAP eligibility and the application process.

Implementation Timeline

The provisions of this bill will take effect 120 days after the bill is enacted.

Objective

The primary goal of the bill is to reduce the "college hunger gap," ensuring that students who are eligible for nutritional assistance are aware of their options and have the necessary information to access these resources.

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. 768: Holocaust Education and Antisemitism Lessons Act. This bill was received on 2025-01-28, and currently has 82 cosponsors.

Here is a short summary of the bill:

This bill, officially called the **Holocaust Education and Antisemitism Lessons Act**, aims to enhance Holocaust education in the United States. It requires a study to be conducted on how Holocaust education is implemented across various states, local educational agencies, and public elementary and secondary schools. Here are the main points of what the bill entails:

Study Requirements

The United States Holocaust Memorial Museum, through its Director, is tasked with conducting a study that examines:

• All states and a representative sample of local educational agencies.
• Public elementary and secondary schools associated with these agencies.

Specific Elements of the Study

The study will focus on the following elements:

• Determining if states require Holocaust education as part of their school curriculum.
• Identifying states that offer optional Holocaust education.
• Reviewing standards and requirements related to Holocaust education, including:
• The existence of a centralized system for distributing Holocaust education curricula and materials.
• Professional development opportunities for teachers regarding Holocaust education.
• Involvement of museums and cultural centers in delivering Holocaust education.
• Challenges that may prevent educators from teaching about the Holocaust.
• Resources and training needed to support educators in this subject area.
• Evaluating the intended outcomes of Holocaust education programs.
• Assessing the instructional materials and approaches used to teach the subject.
• Identifying how schools assess students' knowledge and understanding of the Holocaust and related themes, including antisemitism and genocide.

Reporting Requirements

Once the study is complete, the Director must prepare a report detailing the findings and submit it to Congress:

• The report should be issued no later than 180 days after the study’s completion or within three years of the bill's enactment.

Definitions and Scope

The bill includes definitions for key terms such as:

• **Holocaust**: As defined in previous legislation.
• **Holocaust education**: Activities designed to enhance understanding and awareness of the Holocaust and its lessons, including studying antisemitism and its historical context.
• **Project-based learning**: Educational methods centered around engaging students with meaningful projects.

Overall Purpose

The overarching goal of this legislation is to ensure that students in the U.S. are educated about the Holocaust and its significance. By understanding the historical context and the importance of combating hate and bigotry, the legislation aims to foster a more informed and empathetic society.

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. 817: Educational Choice for Children Act of 2025. This bill was received on 2025-01-28, and currently has 27 cosponsors.

Here is a short summary of the bill:

This bill, known as the Educational Choice for Children Act of 2025, proposes amendments to the Internal Revenue Code to establish a tax credit for individuals who contribute to nonprofit organizations that provide educational scholarships for elementary and secondary students.

Key Provisions of the Bill

Tax Credit for Contributions

- Individuals can claim a tax credit for contributions made to scholarship granting organizations.- The credit amount is the total contributions made during the taxable year. - There are limitations to the credit: - It cannot exceed 10% of the contributor's adjusted gross income or $5,000, whichever is greater. - If applicable, any state credits must reduce the federal credit amount.

Eligibility for Scholarships

- An "eligible student" must: - Be part of a household with income not exceeding 300% of the area's median gross income. - Be eligible to enroll in a public elementary or secondary school.

Qualified Contributions

- A "qualified contribution" is defined as a cash or marketable securities donation to a scholarship granting organization.- It includes expenses related to enrolling or attending schools, such as tuition, curriculum materials, tutoring services (under specific conditions), and educational therapies for students with disabilities.

Scholarship Granting Organizations

- These organizations must: - Be registered as 501(c)(3) nonprofit entities. - Provide scholarships to at least two students at different schools. - Use funds solely for qualified educational expenses. - Conduct annual audits and verify the income of scholarship recipients.

Volume Cap on Tax Credits

- A $5 billion volume cap on available credits is set for the years 2025-2028.- This cap is allocated on a first-come, first-served basis, with 10% reserved for individual states.

Regulations and Audits

- The Secretary of the Treasury will track qualified contributions in real time.- Organizations must comply with additional rules to avoid self-dealing and ensure proper scholarship distribution.

Exemption from Gross Income

- Amounts received as scholarships for qualified educational expenses will not be counted as gross income for the recipients.

Parental and Organizational Autonomy

- The bill prohibits governmental control over scholarship granting organizations or the non-public educational institutions they serve.- It ensures that scholarships can be used for educational expenses at both public and private institutions, including religious schools.

Parent's Rights

- Parents have the right to intervene in legal actions concerning the constitutionality of this bill or its provisions.

Effective Date

- The changes in the bill will take effect for taxable years ending after December 31, 2024.

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. 764: Global Health, Empowerment and Rights Act. This bill was received on 2025-01-28, and currently has 129 cosponsors.

Here is a short summary of the bill:

This bill, known as the Global Health, Empowerment and Rights Act, aims to change specific eligibility criteria for foreign non-governmental organizations (NGOs) that seek assistance under the Foreign Assistance Act of 1961. Here are the key points of what the bill proposes:

Prohibition of Restrictive Eligibility Requirements

The bill stipulates that foreign NGOs shall not be deemed ineligible for assistance if they provide certain health or medical services with funds that are not sourced from the U.S. government, provided that these services are compliant with local laws. This means that as long as the services provided are legal in the country of operation, the organizations can receive support regardless of using non-U.S. government funds.

Guidelines on Advocacy and Lobbying Activities

Additionally, the bill indicates that foreign NGOs will not face specific requirements regarding the use of non-U.S. government funds for advocacy and lobbying. The intention here is to align the requirements for foreign NGOs more closely with those that apply to domestic non-governmental organizations in the U.S. that receive similar assistance.

Impact on Health and Services Provided

This legislation is designed to potentially broaden the scope of services that foreign NGOs can provide, particularly in health care and related fields, without the fear of losing eligibility for assistance based solely on the use of their own funds for specific non-compliant services. It can facilitate access to broader health services for populations in need, especially in areas affected by restrictive funding policies.

Potential Benefits for Foreign NGOs

By easing these eligibility requirements, the bill could enhance the operational capabilities of NGOs working in various sectors, allowing them more flexibility in how they manage their funding and the services they offer. This might include a wider range of counseling and referral services that address health issues which may be sensitive or controversial.

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. 742: Protecting Resources Of Taxpayers to Eliminate Childhood Transgender Surgeries Act of 2025. This bill was received on 2025-01-28, and currently has 35 cosponsors.

Here is a short summary of the bill:

This bill is titled the Protecting Resources Of Taxpayers to Eliminate Childhood Transgender Surgeries Act of 2025 , or the PROTECTS Act of 2025 . Its main aim is to prohibit the use of federal funds for specific gender transition procedures for individuals under 18 years of age.

Key Provisions

• Federal Funding Restrictions: The bill states that no federal funds can be used to provide or refer for certain gender transition procedures for minors. This also includes prohibiting reimbursement to any entity for providing these procedures.
• Definition of Specified Procedures: The term "specified gender transition procedure" is defined to include a range of surgical and medical procedures intended to change one's physical characteristics to align with their gender identity. This includes, but is not limited to:
  • Surgeries such as castration, breast augmentation, hysterectomy, vaginoplasty, and phalloplasty.
  • Administration of puberty-blocking medications and hormones like testosterone or estrogen.
  • Cosmetic surgeries aimed at feminizing or masculinizing body features.
• Exceptions to Restrictions: There are exceptions to the prohibition:
  • Childhood individuals experiencing precocious puberty may receive puberty blockers to normalize their development.
  • Medical procedures deemed necessary to correct specific genetic disorders or physical conditions, under the supervision of a healthcare provider and with parental consent, may be exempt.
• Clarification of Terms: The bill clarifies definitions related to "sex" and biological categorizations:
  • "Sex" refers to the biological classification as male or female.
  • Definitions of "male" and "female" are provided in terms centered around natural reproductive capacities.

Legislative Background

The bill was introduced in the U.S. House of Representatives and is currently being considered. It has garnered support from multiple co-sponsors, indicating a collective legislative interest in addressing the issue as outlined.

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. 794: Lunar New Year Day Act. This bill was received on 2025-01-28, and currently has 39 cosponsors.

Here is a short summary of the bill:

The proposed bill, known as the Lunar New Year Day Act, aims to establish Lunar New Year Day as a federal holiday in the United States. Here are the key aspects of what the bill intends to accomplish:

1. Designation of Lunar New Year Day

The bill seeks to amend Title 5 of the United States Code. Specifically, it proposes to add "Lunar New Year Day" to the list of federal holidays. This addition would recognize and formalize the observance of Lunar New Year as a significant cultural event.

2. Placement in Federal Holiday Schedule

In the official coding of federal holidays, Lunar New Year Day would be positioned immediately following Martin Luther King, Jr. Day. This change acknowledges its importance and ensures that it is recognized alongside other federal holidays.

3. Impact of the Federal Holiday Status

• Public Observance: With its designation as a federal holiday, government offices, agencies, and federal employees would observe this day as a holiday.
• Paid Time Off: Federal employees would be entitled to a day off with pay, similar to other federal holidays.
• State and Local Recognition: The bill may encourage states and local governments to also recognize Lunar New Year Day, potentially leading to wider observance in communities across the country.

4. Cultural Significance

The establishment of Lunar New Year as a federal holiday serves to recognize and celebrate the diverse cultural heritage represented by the Lunar New Year, which is observed by many individuals and communities in the United States, particularly among Asian American populations.

5. Potential Promotion of Inclusivity

This legislative action could promote inclusivity and acknowledge the contributions and traditions of various ethnic groups, fostering greater cultural understanding and appreciation within American society.

Relevant Companies

• FDX - FedEx Corporation: Increased shipping and logistics services for Lunar New Year-related events may enhance demand for their logistics solutions during this period.
• UPS - United Parcel Service, Inc.: Similar to FedEx, UPS might see an increase in shipping activity as businesses and individuals participate in the celebration of Lunar New Year.

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

We have received text from H.R. 759: Federal Firefighters Families First Act. This bill was received on 2025-01-28, and currently has 38 cosponsors.

Here is a short summary of the bill:

This bill, titled the Federal Firefighters Families First Act , aims to amend existing laws to improve the pay and benefits for certain federal firefighters. Here are the key provisions and objectives of the bill:

Objectives of the Bill

• Pay Equality: The bill seeks to create better pay equality between federal firefighters and their counterparts in municipal and other public sector fire services.
• Recruitment and Retention: It aims to enhance recruitment and retention efforts to ensure high-quality federal fire services.
• Retirement Benefits: The bill proposes changes to how retirement benefits are calculated for federal firefighters, ensuring that all regularly scheduled working hours are factored into these calculations.
• Regular Workweek Hours: The legislation intends to formally establish a regular workweek for federal firefighters.

Changes to Pay Computation

The bill specifically amends sections of Title 5 of the United States Code related to pay calculations for federal firefighters:

• It changes the existing framework to establish a new standard for pay calculation, transitioning from 2,756 hours annually to 2,087 hours.

Retirement Annuity Computation

Regarding retirement benefits:

• The calculations for the average pay of firefighters will include half of their basic hourly rate multiplied by the number of overtime hours they work as part of their regular tours of duty. This adjustment is intended to reflect a more accurate picture of their earnings over their years of service.

Establishment of Workweek Hours

The bill mandates that the Office of Personnel Management (OPM) will set regulations defining the maximum number of hours that comprise a firefighter's workweek. This maximum will not exceed:

• 60 Hours per Week: Firefighters will have a regulated workload that averages up to 60 hours per week.

Effective Date

The provisions of this Act will take effect for any annuity entitlements arising from a separation from service that occurs after a 60-day period following the bill's enactment.

Relevant Companies

• None found

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

The House has passed H.R. 804 - Rural Small Business Resilience Act. This bill was introduced by Representative Kelly Morrison.

The vote was 415-8.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 804 bill page.

Here is a short summary of a January 28, 2025 version of the bill.

H.R. 804 - Rural Small Business Resilience Act Summary

This bill, titled the Rural Small Business Resilience Act , aims to enhance the accessibility of disaster assistance for individuals and businesses located in rural areas following a disaster declaration. Below are the key components of the legislation:

Key Objectives

• Improved Access to Disaster Assistance: The bill mandates that, within one year of its enactment, the Administrator of the Small Business Administration (SBA) must ensure that individuals in rural regions affected by disasters can fully access the assistance available to them under the Small Business Act.
• Targeted Outreach: It requires the SBA to develop and distribute targeted outreach and marketing materials specifically designed to inform rural residents about the disaster assistance available to them.

Implementation Timeline

The bill stipulates that the required actions to improve disaster assistance accessibility must be completed within a year after the bill is enacted into law.

Definitions

Rural areas are defined according to specific criteria set in the Small Business Act, ensuring that the bill focuses on communities that fit this classification for disaster aid.

Technical Amendments

Additionally, the legislation includes a technical amendment which involves redesignating a section of the Small Business Act related to the statute of limitations, to improve clarity and organization within the law.

Overall Purpose

The overall aim of the Rural Small Business Resilience Act is to remove barriers to disaster assistance for rural individuals and small businesses, ensuring that they receive the help they need to recover from disasters effectively.

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.

The House has passed H.R. 788 - DOE and SBA Research Act. This bill was introduced by Representative Nick LaLota.

The vote was 427-3.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 788 bill page.

Here is a short summary of a January 28, 2025 version of the bill.

H.R. 788 - DOE and SBA Research Act Summary

This bill, known as the DOE and SBA Research Act, aims to establish a collaborative framework between the U.S. Department of Energy (DOE) and the Small Business Administration (SBA) for research and development activities. Here are the key components of the bill:

Joint Research and Development

The bill requires the Secretary of Energy and the Administrator of the Small Business Administration to enter into a formal agreement, such as a memorandum of understanding, to facilitate joint research and development activities. This collaboration is intended to help both agencies advance their respective missions and priorities.

Inclusion of Small Businesses

As part of these collaborative efforts, the bill emphasizes the importance of involving small businesses in the research activities. This inclusion is defined according to criteria specified in the Small Business Act.

Collaboration with Federal Agencies

The covered officials (Secretary of Energy and SBA Administrator) are authorized to work with other federal agencies as necessary to maximize the effectiveness of the research and development activities carried out under this agreement. They may also establish reimbursable agreements to enhance the outcomes of these efforts.

Reporting Requirements

Within two years of the bill's enactment, the covered officials are required to submit a report to Congress detailing:

• The degree of coordination between the DOE and SBA.
• Opportunities identified for expanding the technical capabilities of both agencies.
• Achievements in collaborative research.
• Potential areas for future successful collaboration.
• The continuation of partnership activities between the DOE and SBA.

Research Security

The bill mandates that all activities conducted under the memorandum of understanding are to be compliant with the research security provisions outlined in a previous piece of legislation, which emphasizes the security of research and development activities.

Funding Compliance

Finally, the bill states that no additional funds are to be provided for its implementation. The activities undertaken will be managed within existing budgetary constraints.

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. 703: Main Street Tax Certainty Act. This bill was received on 2025-01-23, and currently has 175 cosponsors.

Here is a short summary of the bill:

This bill, known as the Main Street Tax Certainty Act, aims to make permanent a tax deduction for qualified business income, which was initially introduced as a temporary measure. Below are the key points of what the bill entails:

1. Purpose of the Bill

The primary goal of the Main Street Tax Certainty Act is to amend the Internal Revenue Code to ensure that the deduction for qualified business income under Section 199A remains in effect indefinitely, rather than being scheduled to expire.

2. Background on Qualified Business Income Deduction

The qualified business income deduction allows eligible taxpayers to deduct a portion of their income from certain pass-through entities, such as partnerships and S corporations. This tax relief was first enacted as part of the Tax Cuts and Jobs Act of 2017 and currently is set to expire after a specified date. The bill seeks to eliminate this expiration date, making the deduction permanent.

3. Key Changes Proposed

• Permanency: The bill proposes to strike the expiration clause from the existing law, ensuring that the deduction will continue to be available for qualified business income in future years.
• Effective Date: The changes made by the bill would apply to taxable years starting after December 31, 2025. This means that the permanence of the deduction would not take effect until the 2026 tax year.

4. Implications for Businesses

By making the deduction permanent, the bill is intended to provide greater tax stability for small businesses and pass-through entities. This could potentially encourage investment and growth within these businesses, as they would have more certainty regarding their tax obligations.

5. Legislative Process

The bill was introduced in the U.S. House of Representatives and referred to the Committee on Ways and Means for further consideration. Further steps in the legislative process will determine if it will become 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. 197: Protecting Military Installations and Ranges Act of 2025. This bill was received on 2025-01-22, and currently has 6 cosponsors.

Here is a short summary of the bill:

The Protecting Military Installations and Ranges Act of 2025 proposes measures for increased scrutiny over real estate transactions involving foreign entities near military installations and designated military airspace in the United States. Here’s a breakdown of the bill's main provisions:

Purpose of the Bill

The primary aim of this legislation is to protect national security by preventing foreign entities associated with certain countries from acquiring land close to sensitive military sites. The specified countries are:

• Russia
• China
• Iran
• North Korea

Review Process for Real Estate Transactions

The bill requires that any purchase, lease, or concession of real estate within specific distances of military installations and military airspace by foreign individuals or entities related to the above mentioned countries undergo a mandatory review by the Committee on Foreign Investment in the United States (CFIUS). The distances specified are:

• 100 miles from a military installation
• 50 miles from military training routes, special use airspace, controlled firing areas, or military operations areas

Initiation of Reviews

Certain transactions that fall under this definition must be reviewed by CFIUS, regardless of any prior agreements or notifications. This is intended to provide a more proactive approach to safeguarding military assets.

Notifications and Reporting to Congress

The bill mandates that the findings from these reviews be communicated to relevant congressional members, particularly those representing districts where these military installations are located.

Impact on Energy Projects

There are additional provisions concerning energy projects. If a proposed energy project involves real estate under CFIUS review, the Secretary of Defense is barred from completing the review until CFIUS has concluded its assessment. This also extends to notifying the Secretary of Transportation about any delays that arise from these reviews.

Limitation on Approvals Related to Foreign Investment Reviews

The legislation sets rules that delay the approval process of energy projects if the project’s real estate is under CFIUS investigation. If CFIUS determines that a transaction poses a threat to national security, it will refer the matter to the President for further action, which may include blocking the transaction.

Conclusion of Review Processes

The bill stipulates that the Secretary of Transportation must wait until CFIUS has completed its review process before making determinations regarding any proposed construction related to energy projects on identified real estate.

Relevant Companies

• BA (Boeing) - May be impacted due to its involvement in government contracts and military projects.
• RTX (Raytheon Technologies) - Defense contractor similar to Boeing, potentially affected by land transactions near military installations.
• LMT (Lockheed Martin) - Another key defense contractor that could see implications from regulations affecting military land near its operations.

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

We have received text from H.R. 727: Prohibiting Abortion Industry’s Lucrative Loopholes Act. This bill was received on 2025-01-24, and currently has 11 cosponsors.

Here is a short summary of the bill:

This bill, titled the "Prohibiting Abortion Industry’s Lucrative Loopholes Act," seeks to amend existing legislation regarding the handling of human fetal tissue. Specifically, it addresses financial transactions linked to human fetal tissue and aims to strengthen prohibitions against these activities.

Key Provisions of the Bill

• The bill amends Section 498B of the Public Health Service Act.
• It modifies the definition of "valuable consideration" related to human fetal tissue to include a broad range of financial transactions and compensations.
• Examples of what constitutes "valuable consideration" include:
  • Payments or debts incurred.
  • Gifts, honorariums, or other forms of recognition of value.
  • Fees that are waived, reduced, or indefinitely delayed.
  • Loans or debts that are forgiven or canceled.
  • Transfers of items or services that would typically require payment, provided at little or no cost.
  • Payments related to transportation, processing, storage, or other handling of human fetal tissue.

Overall, the intent of the bill is to close what the sponsors perceive as loopholes in the law that allow for financial gains associated with the sale or transaction of human fetal tissue. By redefining what constitutes valuable consideration, the bill seeks to prohibit any form of transaction that could be interpreted as a commercial exchange for human fetal tissue.

Relevant Companies

• None found

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

We have received text from S. 263: Fifth Amendment Integrity Restoration Act of 2025. This bill was received on 2025-01-27, and currently has 8 cosponsors.

Here is a short summary of the bill:

The proposed Fifth Amendment Integrity Restoration Act of 2025 aims to reform civil asset forfeiture laws in the United States, addressing concerns about due process and property rights. Here’s a summary of its main provisions:

Key Provisions

The bill introduces several significant changes to asset forfeiture practices:

• Elimination of Nonjudicial Forfeiture: The bill prohibits federal agencies from conducting nonjudicial forfeitures, requiring all forfeitures to go through the judicial system.
• Notice Requirements: When property is seized, the government must identify and notify the owner or interested parties within a specific timeframe, generally within 7 days of determining their identity.
• Legal Representation: Individuals who cannot afford legal counsel in civil forfeiture cases may have the court appoint an attorney on their behalf.
• Burden of Proof Changes: The standard of evidence required for the government to prove that the property is subject to forfeiture will be elevated from "preponderance of the evidence" to "clear and convincing evidence."
• Criteria for Forfeiture: The new legislation specifies that for forfeiture to occur based on criminal involvement, there must be clear evidence that the property was substantially connected to a crime and that the owner intended to facilitate the offense.
• Judicial Oversight: All forfeiture orders will need to be issued by a United States District Court, reinforcing judicial oversight in forfeiture actions.
• Time Limits on Forfeiture Proceedings: There are six-month time limits imposed on commencing forfeiture proceedings post-seizure, promoting timeliness in addressing such cases.

Implications on Property Owners

The bill seeks to enhance the protection of property rights by ensuring that:

• Property owners receive proper notification after seizure.
• Individuals unable to afford legal representation can access attorneys to aid in reclaiming their property.
• The burden lies with the government to prove, with a higher standard of evidence, that the property is linked to criminal activity.

Additional Changes in Related Laws

The bill also proposes amendments to various laws, including:

• Modifications to the Controlled Substances Act to reflect changes in how forfeitures should be handled.
• Adjustments to the reporting requirements regarding the sources of funds generated from forfeitures, specifying how funds are obtained from civil versus criminal forfeitures.

Applicability

The amendments made by this Act would apply to:

• Any civil forfeiture proceedings pending or initiated after the date of enactment.
• Property forfeitures occurring on or after the enactment date.

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. 708: Strategic Homeland Intelligence and Enforcement Legislation to Defend Against the CCP Act. This bill was received on 2025-01-23, and currently has 7 cosponsors.

Here is a short summary of the bill:

The proposed bill, known as the Strategic Homeland Intelligence and Enforcement Legislation to Defend Against the CCP Act (or SHIELD Against CCP Act), aims to establish a Working Group within the Department of Homeland Security (DHS). This group is tasked primarily with countering various threats posed to the United States by the Chinese Communist Party (CCP). Here is an overview of the key components of the bill:

Establishment of the Working Group

The Secretary of Homeland Security is required to form a Working Group within 180 days of the bill’s enactment. This group will focus specifically on:

• Counterterrorism efforts
• Cybersecurity
• Border and port security
• Transportation security

The Working Group will be headed by a Director appointed by the Secretary of Homeland Security, who will report directly to the Secretary regarding its activities and operations.

Responsibilities of the Working Group

The Working Group will have several key duties, including:

• Examining and reporting on DHS efforts to combat threats from the CCP, such as:
• Exploitation of the immigration system
• Nontraditional tactics including identity theft, human smuggling, and trafficking
• Predatory economic practices, including customs fraud and theft of intellectual property
• Support for transnational organizations involved in drug trafficking
• Illicit financial activities linked to the CCP
• Assessing the resources dedicated by DHS to counter these threats and their effectiveness.
• Building on existing evaluations to avoid duplication of efforts in addressing security threats.
• Identifying policy gaps and facilitating coordination among various DHS components.

Information Sharing and Assessments

The Working Group will coordinate with various levels of government to review and share information related to the identified threats. It will conduct annual assessments for five years to gauge the landscape of security threats posed by the CCP and report these findings to relevant congressional committees.

Privacy and Civil Liberties Protections

The bill emphasizes that all activities undertaken by the Working Group will respect constitutional rights, privacy regulations, and should not infringe on lawful free speech.

Duration and Oversight

The Working Group is intended to operate for a period of seven years after its establishment, with required reviews and reports to ensure accountability and effectiveness in its operations.

Research and Development

The Secretary of Homeland Security will also focus on advancing technologies and methods to enhance security measures related to the threats posed by the CCP through research and development initiatives.

Relevant Companies

• AAPL - Apple Inc.: This company could be scrutinized for its historical ties with Chinese suppliers and manufacturers, particularly in the context of data security and economic practices.
• TSLA - Tesla Inc.: Tesla's operations in China may be evaluated regarding compliance with transportation and cybersecurity standards as influenced by the Working Group’s activities.
• NKE - Nike Inc.: With extensive supply chains in China, Nike could be affected by any increased regulations around labor practices and intellectual property related to the CCP.

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

We have received text from S. 253: Abortion Is Not Health Care Act of 2025. This bill was received on 2025-01-24, and currently has 7 cosponsors.

Here is a short summary of the bill:

This bill, titled the Abortion Is Not Health Care Act of 2025 , proposes to amend the Internal Revenue Code of 1986 concerning how abortions are treated for tax deductions related to medical expenses. Specifically, the main provisions of the bill indicate the following:

Key Provisions

• Exclusion of Abortion Costs: The bill states that any amounts paid for an abortion will not be included when calculating deductions for medical expenses on tax returns. This means that taxpayers cannot deduct the costs of abortions from their taxable income.
• Exceptions: There are limited exceptions to this general rule. The costs of an abortion can still be considered for deductions if:
  • The procedure is necessary to prevent death or serious physical harm to the woman due to a physical disorder, injury, or illness caused by the pregnancy.
  • The abortion is due to a pregnancy resulting from rape or incest.
• Effective Date: The changes made by this bill would apply to taxable years that begin after the law is enacted.

Summary

In summary, the bill fundamentally alters the treatment of abortion costs in relation to tax medical expense deductions, largely disallowing their inclusion while providing specific exceptions for life-threatening conditions and pregnancies resulting from rape or incest.

Relevant Companies

None found.

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

We have received text from S. 213: Main Street Tax Certainty Act. This bill was received on 2025-01-23, and currently has 42 cosponsors.

Here is a short summary of the bill:

This bill, known as the Main Street Tax Certainty Act, aims to make a specific tax provision permanent. Here are the key points regarding what the bill would do:

1. Title of the Bill

The bill is officially titled the Main Street Tax Certainty Act .

2. Permanent Deduction for Qualified Business Income

The main provision of the bill involves changes to the Internal Revenue Code of 1986 . Specifically, it seeks to make permanent the deduction for qualified business income under Section 199A. Currently, this deduction allows certain pass-through entities—like partnerships, S corporations, and sole proprietorships—to deduct a portion of their qualified business income when calculating tax liabilities.

3. Implications of Making the Deduction Permanent

• Benefits for Small Businesses: Making this deduction permanent could provide more certainty and potentially lower tax burdens for pass-through business owners, aiding in planning for future investments and expenses.
• Economic Impact: Supporters suggest that it can encourage entrepreneurship and stimulate economic growth, as it may lead to increased business investments.
• Budgetary Considerations: Opponents might point to the potential cost to the federal government in terms of lost tax revenue, as making the deduction permanent could lead to decreased income taxes collected from pass-through entities.

4. Legislative Process

This bill was introduced in the U.S. Senate and referred to the Committee on Finance for consideration. It has not yet become law, and the legislative process will determine its eventual fate.

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. 740: Veterans’ Assuring Critical Care Expansions to Support Servicemembers Act of 2025. This bill was received on 2025-01-28, and currently has 11 cosponsors.

Here is a short summary of the bill:

The "Veterans’ Assuring Critical Care Expansions to Support Servicemembers Act of 2025" seeks to improve the Veterans Community Care Program in several key areas to enhance the care that veterans receive. The bill outlines various provisions aimed at increasing eligibility standards, streamlining access notifications, and expanding mental health treatment options for veterans.

Enhancements to Community Care Program

The bill aims to implement improved criteria that determine veterans' eligibility for community care, which allows them to receive health services outside of the traditional Department of Veterans Affairs (VA) facilities. This change is designed to facilitate better access for veterans who may have difficulty seeking care through the VA system.

Access Notifications and Care Coordination

Furthermore, the legislation mandates that veterans are provided with clear notifications regarding their access to care. This will help them understand their options and the resources available to them. The bill also emphasizes the importance of comprehensive care coordination, ensuring that veterans' treatments are managed effectively across different healthcare providers.

Mental Health Treatment Provisions

In recognition of the critical need for mental health services, the legislation includes specific provisions for improving mental health treatment for veterans. This may involve timely admissions to mental health facilities and the establishment of programs focused on mental wellness.

Data Privacy and Program Review

The legislation stipulates that the Secretary must ensure compliance with federal privacy laws concerning data sharing to protect the anonymity of veterans. This aims to safeguard personal information while allowing for necessary data collection and analysis.

Program Effectiveness and Wait Time Reviews

A systematic review of treatment program access and wait times is mandated under this bill. Reports on these findings and the overall effectiveness of the programs will be required within defined timeframes to keep stakeholders informed of progress and challenges.

Pilot Program for Outpatient Services

The bill also proposes the establishment of a pilot program focused on enhancing outpatient services for veterans. This pilot is intended to test new approaches to delivering care and evaluate their effectiveness before potential broader implementation.

Summary of Objectives

In summary, the bill aims to:

• Enhance eligibility standards for veterans seeking community care.
• Improve access notifications and coordination of care.
• Expand mental health treatment options and ensure timely admissions.
• Ensure data privacy for veterans.
• Review access and wait times for treatment programs.
• Establish a pilot program for outpatient services.

Relevant Companies

• VALE - A company that may be impacted due to potential partnerships related to healthcare provisioning for veterans.

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

We have received text from H.R. 562: Boosting Long-term U.S. Engagement in the Pacific Act. This bill was received on 2025-01-20, and currently has 12 cosponsors.

Here is a short summary of the bill:

The "Boosting Long-term U.S. Engagement in the Pacific Act" focuses on strengthening relations between the United States and Pacific Islands. It aims to create a framework for political, economic, and environmental collaboration, ultimately leading to improved partnerships and development initiatives in the region. The bill seeks to enhance resilience in Pacific Island communities against various challenges.

Key Objectives

• Promote Collaboration: The bill aims to foster closer ties and cooperation between the U.S. and Pacific Islands, focusing on shared interests and mutual benefits.
• Address Regional Challenges: It emphasizes the importance of responding to unique challenges faced by Pacific Island nations, including environmental issues and economic development.
• Support Development Initiatives: The Act proposes various funded programs and initiatives focused on local needs and priorities.

Funding and Implementation

• Financial Commitment: The bill allocates $10 million for the years 2026 to 2033 for various initiatives.
• Workforce Training: A portion of the funding is designated for workforce training programs aimed at enhancing local capacities and skills.
• Impact Assessment: The bill requires assessments to identify and evaluate the impact of initiatives, ensuring they meet the defined goals.
• Resource Needs Identification: It also emphasizes understanding the resources necessary to meet the needs of Pacific Island communities effectively.

Economic and Security Considerations

• Investment in the Pacific: The legislation aims to enhance U.S. investment in the region, facilitating growth and development.
• Cooperation with Local Governments: It highlights the need to work together with local authorities and civil society to identify and address regional security and development issues.

Overall Aim

The bill reflects a strategic approach to strengthening U.S. engagement in the Pacific, focusing on long-term development, security, and collaboration with Pacific Island nations to create a resilient and sustainable future in the region.

Relevant Companies

None found

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

We have received text from S. 252: Guidance Out Of Darkness Act. This bill was received on 2025-01-24, and currently has 14 cosponsors.

Here is a short summary of the bill:

The Guidance Out Of Darkness Act (GOOD Act) aims to enhance public access to guidance documents created by federal agencies. These documents are essentially statements that provide insight into an agency's policies or interpretations of laws and regulations, but they do not have the authoritative force of laws. The bill proposes several key actions regarding these documents:

Definitions

The bill establishes clear definitions for key terms such as:

• Agency: Refers to federal agencies as defined in existing U.S. law.
• Director: Refers to the Director of the Office of Management and Budget.
• Guidance Document: Any agency statement that is not legally binding (i.e., it cannot impose penalties) and addresses policies or interpretations concerning statutory or regulatory issues.

Publication Requirements

The bill mandates the following publication requirements for guidance documents:

• Agencies must publish any guidance document on their official website as soon as it is issued.
• Documents that are already in effect must be published within 180 days of the bill's enactment.
• All guidance documents must be hosted in a single, designated location on the internet, providing ease of access for the public.
• Each agency must create a hyperlink to this central location on its website for easier navigation.

Additional Provisions

Further specifications include:

• The designated website will categorize guidance documents appropriately to enhance searching and navigation.
• Documents that are exempt from disclosure under the Freedom of Information Act will not be made publicly available under this act.
• When any guidance document is rescinded, agencies must maintain a record of it at the designated location, along with notes indicating that it has been rescinded and relevant details such as the rescinding order (if applicable).

The legislation is intended to improve transparency in the regulatory process and make it easier for individuals and businesses to find the guidance they need regarding regulations that impact them.

Relevant Companies

None found.

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

We have received text from S. 212: Protect Our Law enforcement with Immigration Control and Enforcement Act of 2025. This bill was received on 2025-01-23, and currently has 14 cosponsors.

Here is a short summary of the bill:

This bill, known as the Protect Our Law Enforcement with Immigration Control and Enforcement Act of 2025, proposes amendments to immigration law regarding the deportation of individuals who assault law enforcement officers. Here is a breakdown of its key components:

1. Definition of Assault on Law Enforcement Officers

The bill specifies that an individual who is not a U.S. citizen (referred to as an "alien") can be deemed deportable if they:

• Have been convicted of assaulting a law enforcement officer.
• Admit to having committed such an assault.
• Admit to having committed acts that are considered assault on law enforcement officers, according to the local laws where the act occurred.

2. Circumstances of Deportation

For the deportation to apply, the assault must have occurred under certain conditions, such as:

• While the officer was performing their official duties.
• Because of the officer's performance of their official duties.
• Because of the individual’s status as a law enforcement officer.

3. Definitions

Within the bill, several terms are defined to clarify its application:

• Assault : Defined by the laws in the state or jurisdiction where the act occurred.
• Law Enforcement Officer : Includes individuals authorized to enforce laws, such as police officers, firefighters, and other first responders.

4. Reporting Requirements

The Secretary of Homeland Security is tasked with providing an annual report to Congress. This report will include:

• The number of non-citizens deported in the previous fiscal year for having assaulted law enforcement officers.
• This report is intended to be accessible to the public on the Department of Homeland Security's website.

5. Impact on Immigration Proceedings

The implementation of this bill would strengthen the grounds for deportation in cases involving assaults on law enforcement officers, potentially leading to an increase in immigration enforcement actions related to such offenses.

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. 729: Teleabortion Prevention Act of 2025. This bill was received on 2025-01-24, and currently has 16 cosponsors.

Here is a short summary of the bill:

The Teleabortion Prevention Act of 2025 aims to regulate the provision of chemical abortions in the United States. Here are the main points of the bill:

Prohibition of Chemical Abortions Without a Healthcare Provider

The bill makes it illegal for any healthcare provider to administer or attempt to administer a chemical abortion without being physically present with the patient. Specifically, it establishes the following conditions:

• The healthcare provider must physically examine the patient before the chemical abortion.
• The provider must be present at the location during the abortion process.
• A follow-up visit must be scheduled within 14 days after the administration of the abortion drug to check the patient’s condition.

Punishments for Violations

If a healthcare provider violates these regulations, they could face penalties including a fine of up to $1,000 and/or imprisonment for up to two years. However, this does not apply in emergency cases where a chemical abortion is necessary to save the life of the mother.

Exemption for Patients

Importantly, the bill states that patients who undergo chemical abortions will not be subject to prosecution under this law, nor will they be liable for conspiracy to violate it.

Definitions

The bill includes several definitions related to abortion drugs and procedures:

• Abortion drug: Any medication or substance used to intentionally terminate a pregnancy.
• Chemical abortion: The use of an abortion drug to end a pregnancy with the intent to kill the unborn child or terminate the pregnancy for reasons other than producing a live birth or removing a deceased unborn child.
• Healthcare provider: Anyone licensed to prescribe drugs under federal and state law.
• Unborn child: Defined as an individual organism from fertilization until birth.

Medical Guidelines

The bill clarifies that it does not affect treatment for ectopic pregnancies, meaning that such cases can still be addressed according to medical standards without violating the law.

Clerical Amendments

The bill also includes technical amendments to the legal text regarding chemical abortions in U.S. law, adding the new section to the relevant chapters.

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. 685: Support And Value Expectant Moms and Babies Act of 2025. This bill was received on 2025-01-23, and currently has 27 cosponsors.

Here is a short summary of the bill:

This bill, known as the Support And Value Expectant Moms and Babies Act of 2025 (or SAVE Moms and Babies Act of 2025), proposes several significant changes to regulations surrounding abortion drugs under the Federal Food, Drug, and Cosmetic Act. Here are the key provisions:

Prohibition of Abortion Drugs

• The bill prohibits the approval of new abortion drugs by the Secretary of Health and Human Services.
• It also prevents the granting of investigational use exemptions for abortion drugs, meaning that drugs currently in research phases cannot advance to clinical use if they are aimed at terminating pregnancies.

Restrictions on Previously Approved Abortion Drugs

• For any abortion drugs that are already approved before this bill becomes law:
  • The Secretary cannot approve any changes that would allow the drug to be used beyond 70 days of gestation.
  • These drugs must be administered in person by a healthcare practitioner and cannot be dispensed through pharmacies or any other settings.
• Prescribing practitioners will need to be certified to ensure they have the abilities to accurately assess pregnancy duration, diagnose ectopic pregnancies, and manage complications such as incomplete abortions or severe bleeding.
• Prior to prescribing these drugs, practitioners must provide patients with documentation of the risks associated with their use and obtain acknowledgment from patients upon receiving this information.

Risk Evaluation and Reporting Requirements

• The bill requires abortion drugs to be subject to a risk evaluation and mitigation strategy that includes detailed reporting of adverse events related to the drugs.
• Healthcare practitioners must report all adverse events to the FDA, ensuring patient identities remain confidential.

Definitions

The bill defines important terms such as:

• Abortion drug: Any drug intended to end a pregnancy or kill an unborn child, excluding cases intended to result in a live birth or treat an ectopic pregnancy.
• Adverse event: Includes fatalities, ectopic pregnancies, hospitalizations, and severe complications resulting from the use of abortion drugs.

General Provisions

• The bill clarifies that it does not limit the power of federal or state governments to impose additional regulations on abortion drugs.
• Any ongoing investigational drug uses authorized before the enactment of this bill will be rescinded after three years if those uses are prohibited under the new stipulations of the act.

Relevant Companies

• MediComm, Inc. (MCB) : If this bill is enacted, companies that manufacture abortion drugs may face significant impacts, including the inability to sell or develop new abortion medications, thereby affecting their revenue and operations.
• Walgreens Boots Alliance, Inc. (WBA) : As a pharmacy chain that could be affected by restrictions on dispensing abortion drugs, Walgreens may need to alter its pharmacy operations and policies regarding the handling and dispensing of such products.

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

We have received text from H.R. 624: Reining In Federal Licensing Enforcement Act of 2025. This bill was received on 2025-01-22, and currently has 28 cosponsors.

Here is a short summary of the bill:

The "Reining In Federal Licensing Enforcement Act of 2025" is a proposed bill aimed at reforming how the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) regulates federal firearms licensees. Below is a summary of its main components:

Graduated Penalties for Violations

The bill introduces a system of graduated penalties for federal firearms licensees who violate regulations. Key points include:

• If a violation is not willful, the Attorney General must notify the licensee and help them correct it.
• For willful violations, the Attorney General can impose penalties, such as suspending a license for up to 30 days or revoking the license altogether, depending on the licensee's compliance history.
• Violations will be classified to avoid harsh penalties for minor infractions, and the Attorney General has a three-year limit to take action after discovering a violation.

Procedure for License Denials

The bill establishes a process for handling firearms license applications that the Attorney General wants to deny:

• Applicants must be informed in writing of the reasons for denial and can request a hearing to discuss their application.
• A hearing will be held at a convenient location for the applicant.
• The Attorney General cannot deny an application based on prior violations if more than five years have passed since previous infractions, with some exceptions.

Definition of "Willfully"

The term "willfully" is defined to clarify when a violation is considered intentional. For someone to be found willful, they must:

• Have knowledge of their legal obligations.
• Understand those obligations.
• Act with disregard for those obligations.

Opportunity for Remedy

The act gives former firearms licensees whose licenses were revoked or denied in the past the ability to have their cases reconsidered based on the new definition of willfulness.

Standards for ATF Investigations

The bill mandates the establishment of formal standards for how the ATF conducts inspections and investigations, focusing on:

• Consistency in how violations are measured.
• Including mitigating factors to consider before imposing penalties.

Confidentiality of Purchaser Information

Restrictions are placed on the sharing of information concerning firearms purchasers. The ATF cannot disclose information about purchasers who are not prohibited unless specific certifications are in place.

Business Liquidation Rights

Entities with expired, surrendered, or revoked licenses will be allowed 90 days to liquidate their inventory before losing their license status. They can also transfer firearms to personal collections under certain conditions.

Transferee Protections

When a licensed business is transferred due to circumstances like the death of the licensee, the new owner will not be presumed to commit any violations found prior to the transfer.

Standards for Recordkeeping Violations

The bill adjusts the criteria for criminal violations related to recordkeeping, requiring evidence of a "materially false entry" rather than any false entry.

Website Establishment

A website titled "gunrightsrestored.gov" will be created to facilitate claims related to the reimbursement of legal fees for individuals whose licenses were unfairly revoked.

Reports on Implementation

The Attorney General and the Inspector General must complete reports on the implementation of these changes within six months of the bill's enactment.

Relevant Companies

• Ruger (RGR) - A major firearms manufacturer that could be affected by the changes in licensing enforcement and penalties.
• Smith & Wesson Brands (SWBI) - As a prominent gun producer, they may experience changes in regulatory compliance and customer licensing issues due to the bill.
• American Outdoor Brands (AOUT) - Might face impacts relating to their firearms business and compliance obligations under the new rules.

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

The House has passed H.R. 818 - Small Business Procurement and Utilization Reform Act of 2025. This bill was introduced by Representative Pete Stauber.

The vote was 384-25.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 818 bill page.

Here is a short summary of a January 28, 2025 version of the bill.

H.R. 818 - Small Business Procurement and Utilization Reform Act of 2025 Summary

This bill, known as the Small Business Procurement and Utilization Reform Act of 2025 (SPUR Act), aims to amend the Small Business Act to enhance the requirements for evaluating the performance of federal agencies in awarding contracts to small businesses.

Changes to Scorecard Requirements

The SPUR Act introduces amendments to the scorecard program that measures how well federal agencies are doing in meeting their small business contracting goals. Here are the key updates:

• Inclusion of New Small Business Entrants: The bill mandates the inclusion of data on "new small business entrants" in the scorecard evaluation. A new small business entrant is defined as a small business that has received a prime contract from a federal agency for the first time. The evaluation will include:
  • The number of new small business entrants, particularly those owned by:
  • Service-disabled veterans
  • Individuals from economically and socially disadvantaged groups
  • Women
  This data will need to be compared to the previous fiscal year's figures, when available.
• Updated Definitions: The bill clarifies terms used in the scorecard assessment, ensuring consistent understanding across agencies regarding what constitutes a "new small business entrant".
• Scorecard System: The scorecard will continue to evaluate federal agencies' compliance with small business contracting goals, using a rating system that includes the new metrics established by the bill.

Compliance with CUTGO

The bill stipulates that no additional funds will be allocated for its implementation, thus adhering to the CUTGO (Cut-As-You-Go) principle, which requires any new expenditures to be offset by equivalent cuts in spending elsewhere.

Overall Purpose

The intent of the SPUR Act is to improve opportunities for new small businesses to obtain federal contracts and ensure a fairer representation of minority-owned and woman-owned businesses in procurement processes.

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.

The House has passed H.R. 825 - Assisting Small Businesses Not Fraudsters Act. This bill was introduced by Representative Roger Williams.

The vote was 405-0.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 825 bill page.

Here is a short summary of a January 28, 2025 version of the bill.

H.R. 825 - Assisting Small Businesses Not Fraudsters Act Summary

This bill, titled the Assisting Small Businesses Not Fraudsters Act , aims to prevent individuals who have been convicted of committing fraud against the government from obtaining financial assistance from the Small Business Administration (SBA).

Key Provisions

• Ineligibility for Financial Assistance:
  • Definition of Associate: The term "associate" is defined broadly to include:
    • Officers, directors, or owners of more than 20% of the business.
    • Key employees of the business.
    • Entities at least 20% owned or controlled by any of the above individuals.
    • Any other individual or entity in control of or by the small business, excluding licensed small business investment companies.
  • Covered Loans and Grants:
    • The bill specifies what types of loans and grants are covered. These include loans made under certain sections of the Small Business Act and grants from specific acts like the American Rescue Plan Act of 2021.
  • Finally Convicted:
    • The term "finally convicted" refers to individuals whose conviction has either not been appealed or has gone through the complete appeals process without overturning the conviction.
  • Applicability: The provisions regarding ineligibility will not apply to contracts or agreements made by the government prior to the enactment of this Act.

  Overall Objective

  The main objective of this bill is to ensure that individuals or businesses that have committed fraud against the government do not have access to government financial assistance programs designed to support small businesses.

  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.

The House has passed H.R. 832 - Small Business Advocacy Improvements Act of 2025. This bill was introduced by Representative Roger Williams.

The vote was 396-15.

You can track corporate lobbying on this bill and relevant congressional stock trades on Quiver Quantitative's H.R. 832 bill page.

Here is a short summary of a January 31, 2025 version of the bill.

H.R. 832 - Small Business Advocacy Improvements Act of 2025 Summary

This bill, known as the Small Business Advocacy Improvements Act of 2025, aims to update and clarify the functions and duties of the Office of Advocacy within the Small Business Administration (SBA). Below are the key points:

Changes to Primary Functions

• The bill proposes to include "the international economy" as an area of focus for the Office of Advocacy. This means that the Office will now consider how international trade and foreign markets impact small businesses.
• In addressing small business competitiveness, the language is modified from "complete" to "compete," reflecting a focus on helping small businesses actively compete in various markets.
• The term "service-disabled" will replace "serviced-disabled" to ensure accurate terminology in reference to veterans who own businesses.

Updates to Duties

• The bill updates Section 203(a) of Public Law 94-305 to enhance the duties of the Office of Advocacy, ensuring they remain relevant and effective in their support of small businesses.
• Specifically, the bill adds a new duty requiring the Office to represent the interests of small businesses in discussions with foreign governments and international organizations. This seeks to strengthen the influence of small businesses in regulatory and trade initiatives that could affect them.

In summary, the aim of this legislation is to enhance the role of the Office of Advocacy in addressing both domestic and international challenges faced by small businesses, ensuring their interests are taken into account in broader economic discussions and regulations.

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. 687: Modern Employment Reform, Improvement, and Transformation Act of 2025. This bill was received on 2025-01-23, and currently has 21 cosponsors.

Here is a short summary of the bill:

The "Modern Employment Reform, Improvement, and Transformation Act of 2025" is designed to revise how federal employees are removed from their positions due to performance issues or misconduct. The bill proposes a range of changes to current federal employee removal processes, aiming to make these processes more efficient and transparent.

Key Features of the Bill

The legislation introduces the following main components:

• New Removal Procedures: The bill establishes updated procedures for removing federal employees, especially in cases of performance failures and misconduct.
• Disciplinary Measures: It enhances disciplinary measures that can be applied to federal employees who violate conduct rules.
• Furlough and Retirement Provisions: Modifications will be made to how furloughs and retirements are handled for employees who are convicted of felonies.

Changes to Annuity Reductions

The bill details specific procedures for reducing the retirement annuities of federal employees convicted of felonies, which include:

• Notice Requirements: Employees must be formally informed of any proposed reductions to their annuities.
• Response Opportunities: Employees will have the chance to respond to notices regarding potential reductions.
• Timelines for Final Orders: There will be defined timelines for when final decisions must be issued regarding annuities.
• Appeal Rights: Convicted employees will retain rights to appeal decisions regarding annuity reductions.
• Record Amendments: Changes will be made to how records are amended in relation to these decisions.
• Annuity Recalculation: The process for recalculating annuities post-conviction will be detailed in the bill.
• Spousal Benefit Conditions: There will be regulations affecting spousal benefits related to the annuity reductions.
• Restrictions on Bonuses: Employees under investigation for misconduct will face restrictions on receiving bonuses.

Impact on Federal Employment

Overall, the bill seeks to create a structured and fair framework for addressing employee performance and misconduct among federal employees. By delineating procedures and ensuring that employees have opportunities to respond and appeal, it aims to balance accountability with due process in federal employment.

Relevant Companies

None found

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

We have received text from S. 199: United States-Taiwan Expedited Double-Tax Relief Act. This bill was received on 2025-01-23, and currently has 21 cosponsors.

Here is a short summary of the bill:

The United States-Taiwan Expedited Double-Tax Relief Act is a legislative proposal designed to amend existing tax laws to benefit certain residents of Taiwan who earn income in the United States. Here are the main points of the bill:

Objectives of the Act

• Reduced Withholding Rates: The act aims to establish lower withholding taxes on specific types of income earned by Taiwanese residents in the U.S., making it more favorable for them to invest and earn wages.
• Special Treatment for Investment Income: Investment income from U.S. sources received by Taiwan residents may receive preferential tax treatment under the new provisions, further incentivizing cross-border investment.
• Wages and Business Income: The act intends to streamline tax obligations on wages and business profits for Taiwanese individuals and enterprises operating in the U.S.

Bilateral Agreements

While the U.S. cannot establish a formal tax treaty with Taiwan due to its political status, the act seeks to enable reciprocal tax agreements that provide bilateral tax relief to residents of both regions. However, such agreements would still be subject to the approval of legislative bodies in both the U.S. and Taiwan.

Negotiations with Other Countries

The U.S. will continue to negotiate tax conventions with other sovereign nations while pursuing additional tax arrangements that might benefit residents of Taiwan in their dealings with the American tax system.

Impacts on Taxation

This proposed legislation represents a significant move towards simplifying tax obligations and enhancing economic cooperation between the U.S. and Taiwan. By establishing clearer tax guidelines and incentives, it aims to strengthen economic ties and facilitate greater investment opportunities.

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. 724: CBO Show Your Work Act. This bill was received on 2025-01-24, and currently has 33 cosponsors.

Here is a short summary of the bill:

The bill titled *CBO Show Your Work Act* proposes changes to how the Congressional Budget Office (CBO) shares its methodologies and data used in its cost analysis and scoring of legislation. Below are the main provisions of the bill:

Requirement for Transparency

The CBO will be mandated to publicly share various fiscal models, policy models, and the routines it uses for data preparation. This includes the tools and techniques utilized to estimate the financial, social, and economic impacts of legislative proposals.

Specific Components to be Published

The CBO must make available:

• Fiscal Models: Any models or data preparation routines used in estimating costs and effects of legislation.
• Updates: Any updates made to these models or routines.
• Computational Details: Comprehensive information on the computations, including data, programs, models, and assumptions used in preparing cost estimates, enabling external parties to replicate the results.

Information on Non-Disclosable Data

If the CBO uses data that cannot be disclosed, it must provide:

• A complete list of all data variables.
• Descriptive statistics for those variables (like averages and standard deviations) as long as they don't breach confidentiality rules.
• References to the law prohibiting disclosure.
• Contact information for accessing data by those with proper clearance.

Effective Date

The changes stipulated in the bill would take effect six months after the bill is enacted.

Purpose of the Bill

The overarching goal of the bill is to enhance accountability and transparency within the CBO and to ensure that external analysts and the public can understand and verify the methods used in legislative cost estimations.

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. 648: Strengthening our Servicemembers with Milk Act. This bill was received on 2025-01-23, and currently has 30 cosponsors.

Here is a short summary of the bill:

This bill, titled the Strengthening our Servicemembers with Milk Act, mandates that the Secretary of Defense ensure the availability of fluid or powdered milk for members of the Armed Forces at dining facilities located on military installations. The key points of the bill are outlined below:

Provision of Milk

The bill requires that various types of milk be made available, including but not limited to:

• Unflavored milk
• Flavored milk
• Organic milk
• Non-organic milk
• Whole milk
• Reduced-fat milk
• Low-fat milk
• Fat-free milk
• Lactose-free milk
• Any combination of the above types

Prohibition on Purchases from Foreign Adversaries

The bill includes a prohibition against purchasing fluid or powdered milk from entities owned or controlled by foreign adversaries. This determination is to be made in accordance with regulations set forth by the Secretary of Commerce.

Objective

The primary aim of the bill is to enhance the dietary options for servicemembers by providing them with a variety of milk options at their dining facilities, while also ensuring that national security considerations are addressed through restrictions on foreign purchases of milk.

Impact on Military Personnel

This legislation is designed to support the nutritional needs of military personnel, recognizing milk as a common dietary staple that can contribute positively to their overall health and well-being.

Relevant Companies

• DNAM : As a company operating in the dairy supply industry, it may see an increase in demand for domestic milk products if this bill emphasizes sourcing from local suppliers.
• ADM : Archer Daniels Midland is involved in food processing and might be affected by shifts in military purchasing policies related to milk and dairy products.
• PCC : A dairy cooperative that could experience changes in contracts or production scales due to this legislation focusing on American sourcing for military needs.

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

We have received text from H.R. 662: Promoting Domestic Energy Production Act. This bill was received on 2025-01-23, and currently has 41 cosponsors.

Here is a short summary of the bill:

This bill, titled the Promoting Domestic Energy Production Act , aims to modify tax regulations concerning how certain costs related to drilling and developing energy resources are treated for financial purposes. The key points of the bill are outlined below.

Purpose

The primary goal of the bill is to amend the Internal Revenue Code to allow companies engaged in energy production to account for certain intangible drilling and development costs when calculating their adjusted financial statement income. This change is intended to aid the domestic energy production industry by providing more favorable tax treatment for these costs.

Changes to the Tax Code

• The bill proposes to amend Section 56A(c)(13) of the Internal Revenue Code.
• Specifically, the amendment would:
  • Allow intangible drilling and development costs to be included in the computation of adjusted financial statement income.
  • Remove the requirement for certain depreciation deductions to reduce these costs, streamlining the tax calculations for companies in the energy sector.

Impact of the Amendments

• Under the new amendment:
  • This means that companies may have a potentially lower tax burden, as these expenses will not factor into their adjusted financial statement income.

Effective Date

The changes introduced by this bill will take effect for taxable years commencing after December 31, 2025.

Relevant Companies

• XOM (ExxonMobil) - As one of the largest oil and gas companies, changes in the tax treatment of drilling and development costs could significantly impact their financial reporting and tax obligations.
• CVX (Chevron) - Similar to ExxonMobil, Chevron could benefit from reduced tax liabilities, enhancing its financial performance.
• SLB (Schlumberger) - As a major service provider for the oil and gas sector, Schlumberger may see increased demand for its services if domestic energy companies can undertake more drilling projects due to favorable tax conditions.

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

We have received text from H.R. 645: National Constitutional Carry Act. This bill was received on 2025-01-23, and currently has 35 cosponsors.

Here is a short summary of the bill:

This bill, known as the National Constitutional Carry Act, aims to affirm and enforce the rights enshrined in the Second Amendment of the U.S. Constitution, which protects the individual right to keep and bear arms. Here are the key aspects of what the bill would do:

1. Prohibition on State Restrictions

The bill would prohibit any state or local government from imposing criminal or civil penalties on individuals for carrying firearms in public. This means if someone is legally eligible to own a firearm, they cannot be penalized by state or local laws for carrying that firearm openly or concealed in public spaces.

2. Invalidating State Laws

Any existing state or local laws, ordinances, or regulations that criminalize or dissuade the carrying of firearms in public would be rendered ineffective. This includes financial barriers or any form of regulation that might limit this right.

3. Definition of Key Terms

• State: The definition includes not only the 50 states but also the District of Columbia, American territories, and possessions.
• Public: This term includes any location that is open to the public. However, it does not apply to private property where the owner has clearly communicated that firearms are prohibited.

4. Right to Self-Defense

The bill emphasizes the recognition of self-defense as a fundamental right, affirming that the right to bear arms is essential for maintaining personal and public security.

5. Judicial Support

The bill references several Supreme Court rulings that have affirmed the individual right to bear arms, including District of Columbia v. Heller , McDonald v. City of Chicago , and New York State Rifle & Pistol Association v. Bruen . These cases established that the Second Amendment applies at both federal and state levels through the Fourteenth Amendment.

6. Acknowledgment of Inconsistent State Laws

The bill notes that some states and localities have enacted gun control laws that conflict with the Second Amendment's protections. It argues that restricting public carry undermines the original intention of the Second Amendment, aimed at ensuring the security of a free state.

7. Effective Date and Implementation

The provisions of the bill would take effect immediately upon enactment, formally instituting the right to carry firearms in public without interference from state or local laws.

Relevant Companies

• RGR - Sturm, Ruger & Company, Inc.: A major manufacturer of firearms that could see changes in demand for their products in states that might loosen restrictions on carrying firearms in public.
• FSI - FSI International, Inc.: While primarily a semiconductor company, indirectly related to firearms legislation that could impact technology companies involved in firearm safety and regulation technology.
• SMG - Smith & Wesson Brands, Inc.: A leading firearms manufacturer which may experience increased sales or market interest depending on how the bill affects consumer behavior.

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

We have received text from S. 237: Honoring Our Fallen Heroes Act of 2025. This bill was received on 2025-01-23, and currently has 32 cosponsors.

Here is a short summary of the bill:

This bill, known as the Honoring Our Fallen Heroes Act of 2025, aims to amend the Omnibus Crime Control and Safe Streets Act of 1968 to expand benefits for public safety officers who develop cancer as a result of their work. The key provisions of the bill are summarized below:

1. Definitions of Exposure-Related Cancers

The bill introduces specific definitions related to cancers that are linked to exposure in the line of duty for public safety officers. This includes the following types of cancer:

• Bladder cancer
• Brain cancer
• Breast cancer
• Cervical cancer
• Colon cancer
• Colorectal cancer
• Esophageal cancer
• Kidney cancer
• Leukemia
• Lung cancer
• Malignant melanoma
• Mesothelioma
• Multiple myeloma
• Non-Hodgkin's lymphoma
• Ovarian cancer
• Prostate cancer
• Skin cancer
• Stomach cancer
• Testicular cancer
• Thyroid cancer
• Any cancer related to World Trade Center (WTC) health conditions

2. Presumptions for Claims

The bill establishes that if a public safety officer is exposed to a carcinogen during their service, this exposure will be presumed to be a personal injury, thereby supporting claims for benefits if:

• The exposure occurred while the officer was on duty.
• The officer had served for at least five years before their cancer diagnosis.
• The diagnosis occurs within 15 years after the officer's last active service.
• The cancer caused the officer's death or permanent disability.

However, this presumption can be disproven with competent medical evidence that shows the exposure was not a major factor contributing to the death or disability.

3. Updating Definitions of Cancers

The bill provides a mechanism for regularly reviewing and updating the list of exposure-related cancers at least every three years. The Director of the Bureau overseeing the bill will evaluate new scientific evidence and may add more cancers to the definition based on this evidence.

4. Claims Procedure

The amendments will allow individuals to file claims based on the newly defined cancer-related benefits. Claims related to the death of an officer after January 1, 2020, or claims for disability filed after this date will be eligible.

5. Confidentiality Improvements

The bill enhances protections around the confidentiality of information related to claims made under this act, ensuring that any information provided is adequately protected from unauthorized disclosure.

6. Technical Amendments

Minor technical changes are made throughout the bill to clarify definitions and improve the wording associated with claims processing and related procedures.

7. Applicability

All provisions will apply retroactively to claims filed on or after January 1, 2020.

Relevant Companies

• None found

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