Sen. Katie Boyd Britt

Maddy summaryS 1907, the Federal Firearms Licensee Protection Act of 2023, increases penalties for crimes committed against licensed firearm businesses. It amends federal law to impose a maximum 20-year prison term for knowingly violating firearm licensing rules or attempting to do so. If a burglary or robbery occurs on a licensed dealer’s, manufacturer’s, or importer’s business premises, the law mandates minimum sentences of 3 years for burglary and 5 years for robbery. This bill directly affects federal firearms licensees by strengthening criminal penalties for attacks on their business locations.

Maddy summaryThis bill directs the U.S. Treasury to instruct American representatives at the International Monetary Fund (IMF) to oppose any increase in the Chinese renminbi's weight within the IMF's currency basket (used to value Special Drawing Rights), unless China meets four specific conditions. These conditions require China to comply with IMF rules, not have recently manipulated its currency (per U.S. trade laws), implement policies for the renminbi to be "freely usable," and adhere to international debt and export credit standards. The U.S. position on this issue would remain in effect for 10 years from enactment. The bill directly affects U.S. voting at the IMF and China's potential inclusion in the IMF's currency basket.

Maddy summaryThe Save Our Gas Stoves Act (S 1859) prevents the U.S. Department of Energy from implementing new energy efficiency standards for gas stoves that could make them unavailable in the U.S. market. It amends energy law to require the Secretary to confirm that any new standard won't eliminate gas stove options before proceeding. The bill also directly prohibits the Department from finalizing, implementing, or enforcing the specific 2023 proposed rule on gas stove energy standards (titled "Energy Conservation Program: Energy Conservation Standards for Consumer Conventional Cooking Products"). This bill primarily affects gas stove manufacturers and consumers who rely on gas stoves as their primary cooking option.

Maddy summaryLeveling the Playing Field 2.0 Act makes significant changes to U.S. antidumping and countervailing duty investigations. It establishes special rules for successive investigations (follow-up investigations on the same merchandise), addresses cross-border subsidies and foreign market distortions that affect pricing, and requires importers to provide certifications to prevent duty evasion. The bill also includes provisions for investigating currency undervaluation as a countervailable subsidy. These changes primarily affect U.S. manufacturers competing with foreign imports and importers of goods from countries with potentially distorted markets. The bill aims to improve the accuracy and effectiveness of trade remedy investigations to better protect U.S. industries.

Maddy summaryThis bill redefines "equity" within the Department of Defense as the opportunity for qualified individuals to participate in programs, prohibits mandatory adoption of beliefs about racial or ethnic superiority, and bans race-based distinctions in military personnel decisions. It directly affects active-duty service members, military dependents, and DoD civilian employees by requiring all promotions, assignments, and training to be based solely on individual merit and performance. Key provisions ban DoD directives compelling adherence to certain beliefs, prohibit training suggesting racial superiority, and mandate that demographic data collection for reporting remains the only exception to race-based distinctions. The bill focuses on ensuring military decisions prioritize merit over identity, aligning with the bill's stated findings about military readiness and equal opportunity.

Maddy summaryThis bill requires banks with over $10 billion in assets to claw back certain executive compensation if the bank fails. It directly affects executives, directors, and controlling shareholders at large banks that cause significant financial harm or fail. The key provision mandates recovery of salary, bonuses, equity awards, and other covered compensation paid within the prior three years when a bank becomes insolvent or is resolved. Any recovered funds must be deposited into the Deposit Insurance Fund. This amends existing banking law to strengthen accountability for executive pay during bank failures.

Maddy summaryThe Formula 3.0 Act eliminates tariffs on infant formula base powder (dry mixtures requiring only vitamins/minerals to become formula) when imported by manufacturers authorized by the FDA or granted enforcement discretion by the FDA. It also establishes new duty-free or reduced tariff rates for finished infant formula products entering the U.S. The bill directly affects U.S. infant formula manufacturers and importers who meet FDA authorization requirements, lowering costs for domestically produced formula. These changes take effect 120 days after the bill’s enactment.

Maddy summaryThe Main Street Tax Certainty Act permanently extends the 20% tax deduction for qualified business income (QBI), which currently applies to owners of pass-through businesses like sole proprietorships, partnerships, and S corporations. The bill achieves this by amending the tax code to remove an expiration date (via striking subsection (i) of Section 199A of the Internal Revenue Code). This change directly affects small business owners who rely on the QBI deduction to reduce their taxable income. The key provision eliminates uncertainty about the deduction’s future, ensuring continued eligibility without requiring future legislative action.

American Infrastructure Bonds Act of 2023 This bill allows the issuer of an American infrastructure bond a tax credit for 28% of the interest payable under such bond.

Maddy summaryThis bill amends the Immigration and Nationality Act to make non-citizens deportable if convicted of assaulting a law enforcement officer under specific circumstances. It defines "assault" according to local law and covers officers acting in their official duties, due to their duties, or because of their role as a law enforcement officer or first responder (including firefighters). The key provision adds this assault offense to the list of deportable acts, directly affecting non-citizens who commit such assaults. The bill does not change existing immigration enforcement procedures but expands the grounds for deportation related to violence against officers.