Sen. James E. Risch

Maddy summaryS 673, the Small Business Child Care Investment Act, expands access to small business loans for eligible nonprofit child care centers. It redefines "small business" under existing law to include nonprofit providers meeting specific criteria (like 501(c)(3) status, state licensing, and anti-discrimination policies), allowing them to qualify for SBA loan programs. Key provisions require loan guarantees for amounts over $500,000 but not for smaller loans, and prohibit denying eligibility based on religious activities protected by the First Amendment. The bill also mandates annual SBA reports to Congress tracking the number and value of loans provided to these providers.

Maddy summaryThis symbolic Senate resolution (SRES 630) celebrates NATO's 75th anniversary and affirms U.S. support for the alliance. It recognizes NATO's historical role in collective security, highlights the recent additions of Finland and Sweden, and emphasizes the importance of all members meeting the 2% GDP defense spending target. The resolution does not create new laws or funding requirements; it is a non-binding statement expressing support and urging NATO members to fulfill existing commitments. It directly addresses NATO member nations and the U.S. Senate's stance on alliance priorities.

Maddy summaryThe Countering Antisemitism Act establishes a National Coordinator within the Executive Office of the President and an Interagency Task Force to coordinate federal efforts against antisemitism across government agencies. The bill requires annual threat assessments of antisemitic violent extremism from the FBI, DHS, and National Counterterrorism Center, and mandates reports from relevant agencies on implementing the U.S. National Strategy to Counter Antisemitism. It also requires the Department of Education to designate a senior officer to address antisemitic discrimination in higher education and to report on complaints, while directing a study on Holocaust education in schools. Additionally, the legislation amends the Nonprofit Security Grant Program to require public reporting on grant applications and awards, and designates May as Jewish American Heritage Month.

Maddy summaryThe REPO for Ukrainians Act authorizes the U.S. government to confiscate Russian sovereign assets held in the United States and use them to compensate Ukraine for damages caused by Russia's invasion. It establishes a Ukraine Support Fund to hold these assets and directs funds to be used for Ukraine's reconstruction, humanitarian aid, and rebuilding efforts. The bill prohibits releasing these assets until hostilities cease and full compensation is made to Ukraine or Russia participates in a bona fide international compensation mechanism. It requires regular reports to Congress on asset use and establishes mechanisms for international coordination with allies on using these assets for Ukraine's reconstruction.

Maddy summaryThe FEND Off Fentanyl Act authorizes sanctions against foreign individuals and entities involved in trafficking fentanyl and its precursors into the United States, with specific focus on transnational criminal organizations like Mexican cartels and the flow of precursor chemicals from China. It requires the President to submit annual reports to Congress on actions taken under the law and designates fentanyl-related transactions as a primary money laundering concern for financial institutions. The bill also repeals a prohibition on imposing sanctions related to importation of goods under previous fentanyl sanctions law. It aims to increase financial costs for traffickers by blocking assets and prohibiting transactions involving sanctioned persons.

Maddy summarySRES 626 is a Senate resolution expressing the U.S. Senate's support for the U.S.-Japan alliance and welcoming Prime Minister Fumio Kishida's April 2024 visit to the United States. It reaffirms the alliance's role in promoting peace and security in the Indo-Pacific, highlights Japan's defense modernization efforts (including a goal to reach 2% GDP defense spending by 2027), and supports trilateral security cooperation with South Korea and other partners. As a non-binding resolution, it does not create new policy or directly affect individuals but formally underscores shared commitments to security, economic ties, and democratic values.

Maddy summaryS 4075, the Protecting Privacy in Purchases Act, prohibits payment card networks (like Visa or Mastercard) and covered entities (such as banks or processors) from using or requiring special merchant category codes that distinguish firearms retailers from general stores. This directly affects firearms retailers (businesses selling guns or ammunition) and payment networks by preventing them from assigning codes that could flag gun purchases for tracking. The bill requires the Attorney General to investigate complaints about violations and enforce the ban, with potential court action if violations aren't fixed within 30 days. It also preempts state or local laws on this issue and mandates annual reports on enforcement efforts.

Maddy summaryThis Senate resolution designates March 21, 2024, as "National Women in Agriculture Day." It recognizes the contributions of women in agriculture as producers, educators, leaders, and mentors, highlighting their role in farming operations, agricultural sales (accounting for 36% of U.S. farm sales in 2022), and workforce development. The resolution encourages all citizens to acknowledge women's impact on the agricultural industry and support their participation in the field through initiatives like mentorship and education. As a symbolic gesture with no legal effect, it does not create new policies or obligations but aims to raise awareness of women's roles in agriculture.

Maddy summaryThis bill (S 3992) prohibits the Small Business Administration (SBA) from making new direct loans under its 7(a) program, which previously allowed the SBA to lend directly to small businesses. It specifically stops the SBA from issuing new direct loans after the bill's enactment, though it requires the SBA to continue servicing any existing direct loans made before the law took effect. The key mechanism is a clear prohibition on new direct lending, shifting future 7(a) credit access to rely on SBA-guaranteed loans through private lenders instead. This directly affects the SBA's operational authority and the structure of how small businesses access certain types of federal credit.

Maddy summarySRES 597 is a Senate resolution recognizing the heritage, culture, and contributions of American Indian, Alaska Native, and Native Hawaiian women. It formally celebrates their historical and ongoing achievements in fields like military service, business ownership, healthcare, science, arts, and civil rights, without creating new laws or policies. The resolution highlights specific examples, such as their roles in the military (including veterans and pioneers like Minnie Spotted Wolf), economic contributions (e.g., over 160,000 businesses owned by Native women), and cultural preservation efforts. As a symbolic gesture, it does not provide funding or mandate action but aims to honor these women's impact on U.S. society.