Maddy summaryThis bill requires the U.S. government to prioritize payments for Social Security benefits, military pay, veterans' benefits, Medicare, and debt held by the public if the national debt reaches its legal limit. It mandates that the Treasury automatically increase the debt ceiling by the amount needed to cover these priority payments during any two-week period where revenue would otherwise fall short. The law directly affects Social Security recipients, active-duty military personnel, veterans, Medicare beneficiaries, and holders of U.S. Treasury debt. Key provisions include automatic debt limit adjustments based on revenue projections and holding excess funds for future payment periods. The bill aims to prevent default on these critical obligations without requiring new congressional action during debt limit crises.
Sponsored bills
Maddy summaryThis bill prohibits federal funds from covering abortions in most circumstances, including health benefits plans, with exceptions for cases of rape, incest, or when a pregnancy endangers a woman's life. It specifically bars the use of Affordable Care Act (ACA) premium tax credits and cost-sharing reductions for health plans that cover abortion, requiring insurers to disclose abortion coverage details separately in marketing materials. The law applies to all federal health programs and ACA marketplace plans, ensuring taxpayer dollars aren't used for abortion services or coverage. It does not affect private insurance plans purchased with non-federal funds or separate abortion coverage options.
Maddy summaryThe Student Empowerment Act (S 57) expands the use of 529 college savings plans to cover more elementary and secondary school expenses. It allows families to use these tax-advantaged accounts for tuition, curriculum materials, books, online resources, tutoring by licensed instructors, standardized test fees, dual enrollment courses, and licensed therapies for students with disabilities. This applies to students in public, private, religious, and homeschool settings, directly benefiting parents and students using 529 plans for K-12 education. The amendment takes effect for distributions made after the bill's enactment date.
Maddy summaryThis bill prohibits the Department of Defense from imposing new COVID-19 vaccine mandates without explicit congressional approval. It directly affects military members discharged or facing adverse actions (like separation or rank reduction) solely due to refusing the vaccine. Key provisions require the DoD to adjust discharges to "honorable," reinstate members to their prior rank, expunge adverse records related to vaccination status, and provide back pay for lost benefits. The bill also mandates equal retention and promotion opportunities for unvaccinated service members and creates exemption processes for specific cases like natural immunity or religious objections. These changes apply regardless of whether members previously sought vaccine accommodations.
Maddy summaryThis bill proposes a constitutional amendment that would limit Members of Congress to a maximum of three terms in the House of Representatives and two terms in the Senate. It specifies that filling a vacancy for more than one year in the House or more than three years in the Senate counts toward these term limits. The amendment would not apply to terms served before its ratification. If approved by three-fourths of state legislatures within seven years, it would change how long representatives and senators could serve. This is a proposed constitutional change, not current law.
Maddy summaryThis bill raises the reporting threshold for payment platforms like PayPal or Venmo. It requires these platforms to report transaction data only if a business receives over $20,000 in payments across more than 200 transactions in a year. This change directly affects payment processors and their business users by reducing the volume of transactions they must report to the IRS.
Supply Chain Disruptions Relief Act This bill modifies the treatment of liquidations of new motor vehicle inventory as qualified LIFO (last in first out accounting method) inventory. It allows new motor vehicle dealers to elect to wait until the end of 2025 to replace their inventory for purposes of determining income attributable to the sale of such inventory during 2020 and 2021.
Health Marketplace for All Act of 2022 This bill permits entities such as self-employed companies and membership organizations to form health marketplace pools to offer large group health insurance plans as a single employer. (In general, large group health plans cover employees of an employer that has 51 or more employees; in some states, large groups are defined as 101 employees or more.) Subject to specified nondiscrimination rules related to preexisting conditions and health status, health marketplace pools must offer plans to all members or employees of the pool on an equal basis. Health marketplace pools are not considered joint employers for the purpose of other federal labor or employment laws.
Health Savings Accounts For All Act of 2022 This bill revises provisions relating to health savings accounts (HSAs). Specifically, the bill increases the annual limitation on tax-deductible contributions to HSAs by plan participants and their employers; eliminates the requirement that an HSA participant must be enrolled in a high deductible health plan as a condition of eligibility; allows payments from HSAs for health insurance premiums and primary care service arrangements; allows payment of medical expenses incurred prior to the establishment of an HSA and correction of administrative errors prior to the due date of an applicable tax return; allows a tax-free rollover of amounts in an HSA, upon the death of an account holder, to the account holder's child, parent, or grandparent; allows payments from HSAs for vitamins, dietary supplements, gym membership, and wearable fitness trackers; and extends bankruptcy protections to HSAs on the same basis as tax-preferred retirement plans.
This joint resolution nullifies a Department of Education rule published on July 6, 2022, concerning final priorities, requirements, definitions, and selection criteria for the Charter Schools Program.