Sen. John Kennedy

Maddy summaryThis bill increases the tax exclusion for capital gains when selling a primary residence. It doubles the exclusion amount from $250,000 (for single filers) to $500,000 and from $500,000 (for married couples) to $1,000,000. The bill also adds an inflation adjustment for amounts after 2025, tying future increases to the cost-of-living adjustment. It directly affects homeowners who sell their primary residence and would otherwise owe tax on profits exceeding the previous limits. The changes apply to sales after the bill's enactment date.

Maddy summaryS 3302, the Mikaela Naylon Give Kids a Chance Act of 2025, requires drug manufacturers developing cancer treatments to conduct pediatric-focused research for certain drugs targeting pediatric cancer mechanisms. It amends FDA drug approval processes to mandate molecularly targeted pediatric cancer investigations for drugs with new active ingredients or specific approved combinations, ensuring studies address dosing, safety, and efficacy for children. The bill also extends priority review vouchers (which expedite FDA reviews) for rare pediatric disease treatments until 2030 and mandates GAO studies to evaluate how effectively these incentives spur new pediatric cancer drug development. These changes apply to new drug applications submitted three years after the law's enactment, with reports due to Congress at 6, 8, and 10 years.

Maddy summaryThe Energy and Water Development and Related Agencies Appropriations Act, 2026 (S 3293) allocates approximately $13.5 billion in federal funding for energy and water infrastructure programs for fiscal year 2026. The bill provides specific funding for Corps of Engineers civil works projects including flood control, river and harbor maintenance, and aquatic ecosystem restoration, as well as for Department of Energy programs focused on energy efficiency, nuclear energy, and grid infrastructure. It establishes the Water Infrastructure Finance and Innovation Program with $5 million allocated to support dam safety projects and levee maintenance for state and local entities. The bill includes detailed provisions governing how funds can be reprogrammed across different programs, with specific limits on reprogramming amounts for various categories. This funding bill directly affects federal agencies like the Army Corps of Engineers, Department of Energy, and Nuclear Regulatory Commission, as well as state and local governments that receive federal funding for water infrastructure projects.

Maddy summarySRES 513 is a non-binding Senate resolution designating November 22, 2025, as National Adoption Day and all of November 2025 as National Adoption Month. It aims to promote public awareness of adoption, particularly for children in foster care awaiting permanent families, and encourages Americans to support adoption efforts. The resolution directly affects the public, adoption agencies, and foster care systems by formally recognizing these dates for nationwide awareness campaigns. It does not create new laws or policies but seeks to highlight existing adoption opportunities and the need for stable homes for children.

Maddy summaryS 3267, the ASAP Act, would require Medicare to cover early detection screening tests for Alzheimer's disease and related dementias starting January 1, 2028. The bill defines these tests as FDA-cleared or approved blood, genomic, or imaging-based screenings for pre-symptomatic or early-stage detection. It directly affects Medicare beneficiaries aged 65+ who may be at risk for Alzheimer's, ensuring coverage for these specific tests once approved. The key provision adds these screenings to Medicare's payment system under Section 1833(h)(1)(A) of the Social Security Act.

Maddy summaryThis bill prohibits Medicare-approved medical residency programs from requiring residents to undergo abortion-related training without their voluntary opt-in. It specifically bans programs from mandating such training or discriminating against residents who choose not to participate in abortion care (including counseling or referrals). The law applies directly to medical residents in Medicare-funded postgraduate training programs. Key provisions ensure residents can opt out without penalty and prevent programs from penalizing those who decline abortion-related instruction.

Maddy summaryS 3216, the Greenlighting Growth Act, exempts emerging growth companies (EGCs) from certain historical financial reporting requirements under federal securities laws. Specifically, it removes the need for EGCs to present acquired company financial statements for periods before their IPO's earliest audited period, both during their initial public offering and after they no longer qualify as EGCs. This applies to filings under the Securities Act of 1933 and Securities Exchange Act of 1934, waiving requirements in SEC regulations (17 CFR §210.3-05 and §210.8-04) for prior periods. The bill directly affects EGCs, defined as companies with under $1 billion in annual revenue, by simplifying their financial disclosure obligations during and after their IPO transition. This is a procedural change to securities reporting rules, not a new policy.

Maddy summaryThis bill amends the Federal Food, Drug, and Cosmetic Act to expand the authority of the Secretary of Health and Human Services (HHS) to order the destruction of imported goods refused entry at U.S. borders if they pose a public health risk. It specifically broadens the scope beyond drugs and devices to include "any article" (such as food, cosmetics, or other products) that HHS determines presents a significant health concern. The bill also prohibits the unauthorized movement, sale, or export of such refused articles, adding new enforcement provisions under Section 301. This directly affects importers of hazardous goods denied entry, with implementation requiring HHS to finalize regulations within 90 days of enactment.

Maddy summaryThe SPEED Act amends the National Environmental Policy Act (NEPA) to streamline federal environmental reviews for projects like infrastructure, energy, or development. It limits agencies to considering only "reasonably foreseeable" environmental effects directly tied to a specific project - excluding speculative or distant impacts - and prohibits requiring new scientific research unless essential and reasonable. The bill sets strict deadlines (e.g., 180 days for court remands) and restricts legal challenges by requiring claims to be filed within 150 days of a project’s approval and limiting disputes to issues raised during public comment. This directly affects federal agencies (e.g., EPA, Corps of Engineers) and project developers, aiming to accelerate permitting while maintaining procedural NEPA compliance.

Maddy summaryThis bill requires transparency in civil lawsuits involving foreign-funded litigation. It mandates that parties disclose any foreign entity (including foreign states or sovereign wealth funds) providing funding tied to case outcomes, along with detailed certifications about funding sources. Parties must submit these disclosures within 30 days of filing or entering an agreement, and the court may void agreements violating the rules. The bill also requires annual reports to Congress detailing foreign funding sources, amounts, and case types. It directly affects foreign entities funding U.S. civil cases and federal courts handling such cases.