Sen. Todd Young

Maddy summaryThis bill lowers the income threshold for the refundable child tax credit from $3,000 to $1 in the Internal Revenue Code. It directly affects low-income working families with children who previously earned above $3,000 but now qualify under the new $1 threshold. The key change simplifies eligibility, allowing more families to receive the credit, and takes effect for tax years starting after December 31, 2025.

Maddy summarySRES 288 is a Senate resolution condemning recent ideologically motivated attacks on Jewish individuals, including a violent assault in Boulder, Colorado, on June 1, 2025, and other incidents like the attack on Israeli Embassy staff in Washington, D.C., and fires at the Pennsylvania Governor’s Residence. The resolution formally expresses the Senate’s condemnation of these acts as part of a growing pattern of antisemitism and politically motivated violence. It reaffirms the Senate’s commitment to protecting peaceful assembly and religious practice, while urging federal, state, and local law enforcement to thoroughly investigate such incidents and calling on community leaders to publicly oppose antisemitism. This resolution has no legal effect but serves as a formal statement of the Senate’s position.

Maddy summaryThis bill amends the Small Business Act to require the Small Business Administration (SBA) to provide guidance and support to small businesses on using artificial intelligence (AI). Specifically, it adds a new provision directing the SBA to help small businesses evaluate AI for operations - including best practices, planning for disruptions, protecting data and intellectual property, improving cybersecurity, and ensuring regulatory compliance. The guidance will include training and outreach on integrating AI into business workflows. The bill does not authorize new funding for these activities.

Maddy summaryThis is a Senate resolution (SRES 573), not a legislative bill, expressing the Senate's position on U.S. leadership in religious freedom. It reaffirms the U.S. commitment to promoting religious freedom globally, encourages the Secretary of State to use diplomatic tools to address foreign violations, and supports existing roles like the Ambassador-at-Large for International Religious Freedom. The resolution does not create new laws or change policies but serves as a symbolic statement urging continued U.S. engagement on this issue. It directly affects U.S. diplomatic efforts and messaging toward countries with religious freedom concerns, such as China and Nicaragua, as cited in the resolution's background.

Maddy summaryThe Federal Reserve Transparency Act of 2025 requires the Comptroller General of the United States to audit the Federal Reserve System's Board of Governors and Federal Reserve banks within 12 months of the law's enactment. The audit must be completed within that timeframe, and a detailed report of findings, conclusions, and recommendations must be submitted to Congress within 90 days of completion. This report will be shared with congressional leaders and made available to any member of Congress who requests it. The bill directly affects the Federal Reserve System by imposing new transparency requirements for its operations and financial activities.

Maddy summaryThis bill creates the Innovation Voucher Grant Program to provide small businesses with grants covering up to 75% of costs (up to $75,000 total) for purchasing technical assistance and services from eligible research institutions like universities or nonprofit labs. Small businesses (as defined by the Small Business Act) directly benefit by accessing advanced research capabilities, expertise, and infrastructure to develop new products or services. The program requires competitive applications, mandates post-project reporting on innovation outcomes, and authorizes $10 million annually from 2026-2030 to fund grants, with no more than 5% of funds used for administrative costs.

Maddy summaryThe Digital Trade Promotion Act of 2025 authorizes the President to negotiate digital trade agreements with trusted international partners, focusing on key provisions like free cross-border data flows, prohibitions on discriminatory taxes for digital services, and protection against forced technology transfers. These agreements would directly benefit U.S. businesses, workers, and small-to-medium enterprises in the digital economy by removing trade barriers for digital goods and services. The bill also establishes congressional oversight requirements, including 60-day notice before negotiations begin, a detailed report before signing, and a 30-day review period during which Congress can disapprove an agreement via a joint resolution. It emphasizes aligning digital trade rules with U.S. values like privacy, cybersecurity cooperation, and an open internet, without creating new domestic regulations.

Maddy summarySRES 536 is a non-binding Senate resolution designating December 2, 2025, as "World Nuclear Energy Day." It commemorates nuclear energy's role in clean power generation, highlighting historical milestones like the first nuclear chain reaction (1942) and the first commercial nuclear plant (1957). The resolution celebrates nuclear energy's contributions to U.S. electricity (18% of generation, 43% carbon-free), job creation (over 70,000 direct jobs), and national security, without creating new laws or affecting any group. It serves as a symbolic recognition of the industry's achievements.

Maddy summaryThe PBM Price Transparency and Accountability Act requires pharmacy benefit managers (PBMs) to be more transparent about drug pricing and ensure accurate payments to pharmacies. It establishes national average drug acquisition cost benchmarks for Medicaid, prohibits PBMs from keeping excessive profits through "spread pricing," and mandates detailed reporting of drug pricing, rebates, and fees. The bill affects Medicaid programs, Medicare Part D plans, and the PBMs that negotiate drug prices on behalf of insurers. It includes enforcement mechanisms like civil penalties for non-compliance and requires PBMs to report detailed pricing information to the Secretary of Health and Human Services.

Maddy summaryThis bill creates two pathways to help high school students earn college credit while in high school and graduate early. The "early college fast track pathway" allows students to take college-level courses (like AP, IB, or dual enrollment) that count toward a degree, while the "early high school graduation pathway" lets students graduate in 3 years without needing remedial college courses and provides a scholarship for college. States would receive federal grants to implement these pathways, requiring them to align high school curriculum with college requirements, create statewide credit transfer agreements, and ensure credit transfer between institutions. The bill also changes Pell Grant rules to allow eligible high school students in these pathways to receive Pell Grants without counting toward the usual 12-semester limit. It requires states to track participation and outcomes, particularly for historically underrepresented students.