Sen. John Cornyn

Maddy summaryThis bill, the HONOR Act (S 327), denies U.S. taxpayers a foreign tax credit for taxes paid to the Russian Federation during a specific period. It amends the tax code to block the credit for Russian taxes paid from 30 days after the bill's enactment until normal U.S. trade relations with Russia resume. The key provision directly affects U.S. individuals and businesses that pay taxes to Russia, preventing them from reducing their U.S. tax liability with those Russian payments. The rule takes effect 30 days after enactment, with a 90-day delay for the deduction limitation. The bill explicitly states it applies without regard to U.S. trade treaties with Russia.

Maddy summaryThis bill would require financial institutions to file reports at least 72 hours before certain currency or money instruments leave the United States if they are being transported by foreign nationals from countries designated as state sponsors of terrorism or other high-risk nations. The report must include detailed personal information about the person transporting the funds, such as identity documents, taxpayer identification numbers, and contact details, as well as information about the beneficiary receiving the money. The law also requires disclosure of whether the funds originate from any U.S. government benefit programs and if the transporter has any ownership interest in the entity receiving those funds. This measure directly affects banks, money transfer services, and individuals transporting currency from specified countries.

Maddy summaryThis bill would remove the federal approval for the drug mifepristone, which is used in combination with other medications to end pregnancies, and would make it illegal to distribute the drug for that purpose. It also creates a new federal lawsuit option allowing individuals to sue drug manufacturers for physical or mental harm they claim resulted from using mifepristone. The law would take effect 14 days after passing, with the new lawsuit provision becoming active 90 days after enactment.

Maddy summaryThis bill establishes a sanctions framework that would impose economic penalties on the Chinese government and Communist Party if they threaten Taiwan's security. It requires the President to identify threats and then blocks property, restricts financial transactions, and prohibits investments in sanctioned Chinese entities. The legislation also allows for increased import duties on Chinese goods and bans the trading of Chinese securities on U.S. exchanges. Key provisions include targeting Chinese officials, state-owned banks, and companies that support China's military-industrial capacity, while providing the President authority to waive sanctions for national security reasons.

Maddy summaryThis bill, known as the Highway Formula Fairness Act, changes how the federal government distributes highway funding to states starting in fiscal year 2027. Instead of using current population or other metrics, the new formula bases each state's share on the amount of highway funding it received in 2012, relative to the total given to all states that year. The bill also includes a floor provision ensuring no state receives less than 95% of what its share would be based on its proportion of highway user tax payments to the federal Highway Trust Fund. These changes directly affect how billions of dollars in federal highway, safety, and infrastructure funds are allocated to state transportation departments.

Maddy summaryThis bill amends the Community Development Banking and Financial Institutions Act of 1994 to require the Treasury Secretary to testify annually before Congress about the Fund's operations. It also strengthens the CDFI Bond Guarantee Program by adjusting guarantee limits and extending the program's authorization period. Additionally, the bill expands capital assistance options for community development financial institutions and creates a new lending program specifically for Native community development financial institutions to support homeownership in Tribal and Native communities.

Maddy summaryThe Gun Owner Registration Information Protection Act (S 3916) prohibits federal funding for state or local databases that track lawfully owned firearms or their owners. It defines such databases as those listing firearms possessed by individuals or the individuals themselves who legally own firearms. The bill allows federal funding for databases tracking lost or stolen firearms and their owners, but not for general ownership records. This would require states and localities to cover costs for firearms ownership databases using non-federal funds, shifting financial responsibility away from federal support.

Maddy summaryThe Stop Illegal Alien Cops Act amends a federal firearms law to adjust references to prohibitions on firearm possession. It replaces two existing references (to restrictions on illegal aliens and certain transfers) with four, including the current prohibition on illegal aliens (people without legal U.S. immigration status) from possessing firearms. The bill's title indicates it targets illegal aliens serving as police officers, as they would require firearm possession for their duties. However, the bill text does not explicitly state this application to law enforcement roles, only modifying the firearms law.

Maddy summaryThe Need for Speed Act (S 3906) requires the U.S. Department of Transportation to develop a national infrastructure intelligence tool in partnership with a university transportation research institute. This tool will integrate existing public data - such as traffic speeds, crash records, truck parking availability, freight movement, and highway condition reports - to help transportation agencies identify congestion causes, measure impacts, and deploy solutions more quickly. It directly affects federal, state, and local transportation agencies, metropolitan planning organizations, and regional coalitions that manage roads and traffic systems. The tool must be updated annually using $50 million in Highway Trust Fund funding over five years, leveraging current data systems like the Federal Highway Administration’s performance monitoring tools.

Maddy summaryThe SAVES Act of 2025 establishes a five-year pilot program at the Department of Veterans Affairs (VA) to fund nonprofit organizations that provide service dogs to eligible veterans with specific disabilities, such as blindness, mobility issues, PTSD, or traumatic brain injury. Nonprofits must apply competitively, meet training and animal welfare standards (including ADA compliance), and provide service dogs at no cost to veterans, with the VA covering all program expenses. The VA will also provide ongoing veterinary insurance for the dogs, which continues even after the pilot ends. This program is funded with $10 million annually for five years, targeting veterans as defined by VA medical criteria.