Sen. Mike Rounds

Tribal Trust Land Homeownership Act of 2025 This act sets forth requirements for the processing of a proposed residential leasehold mortgage, business leasehold mortgage, land mortgage, or right-of-way document by the Bureau of Indian Affairs (BIA). The BIA must notify lenders upon receipt of such documentation, perform a preliminary review of such documents not later than 10 days after receipt, and approve or disapprove of such documents within 20 or 30 days, depending on the type of application. Additionally, the act sets forth requirements for the BIA regarding (1) response times for the completion of certified title status reports, (2) notification of delays in processing, and (3) the form of notices and delivery of certain reports. The act also provides relevant federal agencies and Indian tribes with read-only access to the Trust Asset and Accounting Management System maintained by the BIA. The Government Accountability Office must report on digitizing documents for the purpose of streamlining and expediting the completion of mortgage packages for residential mortgages on Indian land. Finally, the act establishes within the BIA's Division of Real Estate Services the position of Realty Ombudsman.

Maddy summaryThis Senate resolution formally supports the goals and ideals of National Nurses Week, which is observed annually from May 6 to May 12, 2026. The measure recognizes the vital contributions of nurses to the healthcare system and encourages the public to acknowledge their role through ceremonies and activities during the designated week. While the bill does not create new laws or funding, it serves to honor the profession and highlight the importance of nursing in patient care and public health.

Maddy summaryThis Senate resolution formally recognizes the week of May 3 through May 9, 2026, as National Small Business Week to honor the contributions of small business owners and entrepreneurs across the United States. The measure expresses appreciation for the economic role these businesses play and acknowledges the resilience of their owners and employees. By adopting this designation, the Senate aims to celebrate the entrepreneurial spirit within every community without imposing any new laws or regulations.

Maddy summaryThe CREATE AI Act establishes the National Artificial Intelligence Research Resource, a centralized system designed to connect U.S. researchers and educators with advanced computational tools, data, software, and educational materials. Managed by the National Science Foundation, this resource will be built by coordinating contributions from federal agencies, state governments, and private organizations to support artificial intelligence research and workforce development. Access to these tools is primarily reserved for eligible U.S.-based universities, nonprofits, government entities, and small businesses, with a specific provision to exclude individuals employed by designated foreign countries. The bill also outlines a flexible fee structure that includes a free tier for users, mandates the use of open-source software where possible, and requires annual public reporting on the resource's progress.

Maddy summaryThis bill extends increased dependency and indemnity compensation to surviving spouses of veterans who die from amyotrophic lateral sclerosis (ALS). It directly affects the spouses of veterans whose death was caused by ALS, specifically those who died on or after October 1, 2022. The key provision amends a law to treat veterans who died from ALS as if they had the disease for the required period before death, removing a prior time requirement for compensation eligibility. This change ensures surviving spouses qualify for the same benefits previously available only to veterans with longer ALS diagnoses.

Maddy summaryThis Senate resolution formally welcomes King Charles III and Queen Camilla to the United States for a state visit where the King will address a joint session of Congress. The document highlights the long-standing diplomatic and security partnership between the two nations, noting shared values and cooperation on issues like defense and technology. It also marks the occasion as the first time a British monarch has addressed Congress since 1991, coinciding with the 250th anniversary of American independence.

Maddy summaryThis resolution designates April 2026 as Financial Literacy Month to raise public awareness about the importance of personal finance education. The bill calls on the federal government, states, schools, businesses, and other organizations to hold programs and activities during this month. It is based on data showing high levels of financial stress, debt, and a lack of financial education among many Americans.

Maddy summaryThe Physical Therapist Workforce and Patient Access Act of 2026 expands the National Health Service Corps to include physical therapists, allowing them to participate in loan repayment programs to encourage practice in underserved areas. The bill directs the government to identify specific regions with shortages of physical therapy professionals and requires the collection of data to guide where these professionals are assigned. Additionally, it increases funding by $15 million to support these loan repayments and extends Medicare coverage to include physical therapy services provided at rural health clinics and federally qualified health centers starting in 2027.

Maddy summaryThe LIFT AI Act authorizes the National Science Foundation to provide competitive grants to universities and nonprofits for developing AI literacy programs in K-12 schools. These funds are intended to create educational curricula, train teachers on the responsible use of artificial intelligence, and build tools to assess student proficiency in AI concepts. The legislation defines AI literacy as the ability to use, interpret, and mitigate risks associated with AI technology in an age-appropriate manner. By supporting research and professional development, the bill aims to prepare the next generation of students to effectively navigate and innovate within an AI-driven world.

Maddy summaryThe Terrorism Risk Insurance Program Reauthorization Act of 2026 extends the federal terrorism insurance program through 2034, ensuring continued government support for insurance companies facing large losses from terrorist attacks. The bill also updates the schedule for recouping federal funds, shifting the timeline for when insurers must repay taxpayer money to later dates ranging from 2029 to 2036. These changes directly affect insurance carriers and policyholders by maintaining the program's availability for a longer period and adjusting the financial obligations tied to it.