Rep. Bryan Steil

Maddy summaryHRES 625 is a symbolic House resolution recognizing the essential work of congressional staff and support staff (nearly 15,000 total) who assist Members of Congress. It acknowledges their role in handling constituent services - such as passport renewals, immigration cases, and Social Security benefits - and supporting legislative operations on Capitol Hill and in local offices. The resolution does not create new policies or funding but formally thanks these staff for their contributions to constituent engagement and government functions. It was introduced in the House on July 27, 2023, and referred to the Committee on House Administration.

Build the Wall and Fight Fentanyl Act of 2023 This bill establishes accounts to fund the construction of physical barriers along the U.S. southern border and to provide grants to address fentanyl abuse. These accounts shall be funded from the sale of assets belonging to cartels that have been seized by the Drug Enforcement Administration, U.S. Immigration and Customs Enforcement, or U.S. Customs and Border Protection. The bill defines cartel as (1) an organization with operations in Mexico and the United States designated as a significant transnational criminal organization; (2) certain named organizations, such as the Sinaloa Cartel and the Juarez Cartel; and (3) other organizations as designated by the President.

Preserving Family Farms Act of 2023 This bill amends the Internal Revenue Code to increase to $13 million (currently, $750,000) the limitation on the special use valuation for farmland or other trades or businesses for estate tax purposes. The increased amount is adjusted for inflation for estates of decedents dying after 2023.

Maddy summaryThis bill expands employee ownership in S corporations by extending tax deferral for selling company stock to employee ownership plans (ESOPs), creating a Treasury Department office to provide education and technical assistance for ESOPs, and amending small business rules to maintain eligibility for government programs after ESOP ownership exceeds 49%. It establishes a new Labor Department "Advocate for Employee Ownership" to coordinate federal efforts, educate stakeholders, and recommend policy improvements. The bill directly affects S corporations using ESOPs, their employees who become owners, and small businesses that might lose government program access due to ESOP acquisitions. Key provisions include tax incentive extensions, new support offices, and updated small business classification rules.

Maddy summaryHR 3933, the TAP Promotion Act, requires standardized presentations about Veterans Affairs (VA) benefits during military transition counseling for service members separating from the armed forces. These presentations must be approved by the VA, delivered by authorized veterans service organizations (VSOs), and include information on how VSOs assist with VA claims - without encouraging membership in specific organizations. The bill mandates a one-hour limit per presentation and requires the VA to submit annual reports to Congress detailing which VSOs presented, attendance numbers, and recommendations for improvement. This policy directly affects service members preparing for civilian life and the VSOs providing these transition resources.

Maddy summaryThis bill directs the U.S. Treasury to mint commemorative coins marking the Marine Corps' 250th anniversary in 2025. It authorizes three coin types: $5 gold coins (max 50,000), $1 silver coins (max 400,000), and half-dollar coins (max 750,000), with surcharges of $35, $10, and $5 respectively. The surcharge proceeds will fund the Marine Corps Heritage Center's educational programs, with no net cost to taxpayers as the Treasury must recover all minting costs through the surcharges. The coins can only be issued during 2025, and the Treasury must ensure all costs are covered before distributing funds to the Heritage Foundation.

Maddy summaryHR 4721, the Main Street Tax Certainty Act, makes a permanent the 20% tax deduction for eligible small business owners under Section 199A of the tax code. This provision directly affects pass-through business owners (like S-corps, partnerships, and sole proprietorships) who qualify for the deduction. The bill achieves this by removing the temporary expiration language (subsection (i)) from the existing tax code provision. The key change is ending the need for annual congressional extensions of this deduction, providing long-term tax certainty for small businesses.

Maddy summaryHR 1815 creates a three-year pilot program to test assisted living services as an alternative to VA nursing home care for eligible veterans. It directly affects veterans currently receiving VA nursing home care or needing higher care than VA domiciliary services but not meeting full nursing home criteria. The program selects six VA service networks (prioritizing regions with high nursing home use and rural areas), contracts with approved facilities meeting VA standards, and pays lower rates than nursing home costs. The VA must report annually on participants, costs, barriers, and quality, with a final report recommending whether to expand the program nationwide.

Maddy summaryHR 4590 would create legal liability for companies that sell paid proxy voting advice (such as firms providing stockholder voting recommendations for a fee) if they fail to disclose key details like their voting methodology, information sources, or conflicts of interest. It specifically targets firms marketing themselves as independent proxy advisors, separate from other investment services. The bill amends securities law to treat such omissions or false statements as violations under existing disclosure rules. This directly affects commercial proxy advisory firms, not individual investors or public companies.

Maddy summaryHR 4589 would require proxy advisory firms to register with the Securities and Exchange Commission (SEC) before providing voting advice to clients. The bill establishes detailed registration requirements, including certifications that firms can provide advice based on accurate information and in shareholders' best economic interest, along with disclosures about potential conflicts of interest. Registered firms would need to annually report on their methodologies, staff qualifications, and financial condition, while maintaining policies to manage conflicts and ensure recommendation accuracy. This bill would directly affect proxy advisory firms that provide voting recommendations to institutional investors and other clients who vote shares held on behalf of shareholders.