Maddy summaryThis bill changes tax rules to help certain financial guaranty insurance companies avoid being classified as "passive foreign investment companies" (PFICs) under U.S. tax law. It specifically allows these companies to include unearned premium reserves in their insurance liabilities for PFIC calculations if they meet strict exposure ratios: at least 15-to-1 for financial guaranty exposure or 9-to-1 for state/local bond exposure. The bill also requires clearer financial reporting for these companies and applies to taxable years starting after December 2024. It directly affects insurance companies whose sole business is writing or reinsuring financial guaranty insurance (like bond insurance).
Sen. Roger Marshall
Sponsored bills
Maddy summarySRES 261 is a Senate resolution introduced by Senators Marshall and Moran honoring Sarah Lynn Milgrim, a Jewish diplomat working at the Embassy of Israel in Washington, D.C., who was killed in a targeted extremist attack alongside her partner Yaron Lischinsky. The resolution condemns violence targeting religious groups, specifically the attack that killed Milgrim and Lischinsky, and calls for supporting the full prosecution of the perpetrator. It also remembers Milgrim’s life and work promoting peace, including her roles at the University of Kansas, Hillel, and the Israel Embassy. As a ceremonial resolution, it does not create new laws or affect any specific group beyond expressing official Senate sentiment.
Maddy summaryThe Energy Choice Act (S 1945) prohibits state or local governments from restricting how energy is delivered to end-users based on the energy source. It specifically bans laws or regulations that limit connection, installation, or access to energy services (like natural gas, electricity, or renewable fuels) solely because of the energy type. This directly affects state/local agencies and utilities by preventing them from imposing source-specific restrictions on energy infrastructure. The bill aims to ensure all energy sources can be delivered without local regulatory barriers based on their origin.
Maddy summaryThis resolution designates June as "Life Month" each year, recognizing the inherent dignity of all human life. It urges Congress to acknowledge that every life is a sacred gift and to commend organizations and individuals supporting pregnant mothers and families. The resolution does not create new laws or policies but serves as a symbolic statement affirming life as a fundamental right.
Maddy summaryThe Small Biotech Innovation Act exempts qualifying drugs from Medicare's drug price negotiation program starting in 2029 for small biotech manufacturers that meet specific R&D investment thresholds. To qualify, a company must have five or fewer single-source drugs and spend 30% to 70% of its net revenue on research and development (based on the number of drugs), while not being controlled by a foreign government. Manufacturers must apply annually with financial data and certification of R&D spending, and the exemption ends if the company is acquired by a non-qualifying entity after 2029. This directly affects small U.S.-based biotech firms developing innovative drugs, allowing them to avoid price negotiations under Medicare.
Maddy summaryThe SEPSIS Act establishes a dedicated sepsis program within the Centers for Disease Control and Prevention (CDC) to improve prevention, detection, and treatment of sepsis in hospitals. It requires hospitals to adopt evidence-based sepsis protocols (like the Hospital Sepsis Program Core Elements), report on their implementation, and supports pediatric sepsis data collection. The bill authorizes $20 million annually from 2026-2030 to fund CDC efforts, including annual reports to Congress on hospital adoption rates, pediatric sepsis reduction, and a voluntary "honor roll" program recognizing top-performing hospitals. This directly affects hospitals through reporting requirements and CDC through new program responsibilities.
Maddy summaryThis bill creates a new federal tax deduction for cash tips received by workers in occupations that traditionally accept tips (like servers, barbers, and nail technicians) on or before December 31, 2023. It allows a deduction of up to $25,000 per year for tips reported to employers, excluding employees earning over $250,000 from the same employer in the prior year. The Treasury must publish a list of qualifying occupations within 90 days, and the deduction applies to all taxpayers (not just itemizers). The changes take effect for tax years beginning after December 31, 2024.
Maddy summaryThis resolution (SRES 255) is a ceremonial Senate measure honoring former U.S. Senator Christopher "Kit" Bond of Missouri, who died on May 13, 2025. It recognizes his 40+ years of public service, including his roles as Missouri Governor (1973-1977, 1981-1985) and U.S. Senator (1987-2011). The resolution directs the Senate to adjourn briefly as a mark of respect and transmit a copy to his family. It has no policy impact or direct effect on constituents, as it is purely commemorative.
Maddy summaryThe Innovative FEED Act of 2025 creates a new regulatory category for "zootechnical animal food substances" - additives in animal feed that affect digestion, reduce foodborne pathogens, or alter gut microbiome without providing nutrition or treating disease. It requires manufacturers to submit specific data on intended effects and testing methods to the FDA for approval, rather than treating these substances as drugs. The bill mandates clear labeling stating "Not for use in the diagnosis, cure, mitigation, treatment, or prevention of disease in animals" and defines what excludes substances (like hormones or drugs) from this category. This directly affects animal feed manufacturers, the FDA, and the regulatory process for these feed additives, without requiring their use.
Maddy summaryThe Crime Victims Fund Stabilization Act of 2025 amends the law governing deposits into the Crime Victims Fund, adding two new sources: funds from declined criminal prosecutions (without conviction) and certain False Claims Act recoveries (from 2025 through 2030). It specifically excludes two types of False Claims Act funds from these deposits: payments to whistleblowers (qui tam plaintiffs) and reimbursements for government fraud damages. This bill directly affects the Crime Victims Fund, which provides support to victims of crime, and adjusts how federal agencies handle False Claims Act cases. The changes aim to modify the fund's funding sources without altering the False Claims Act itself.