Sen. David McCormick

Maddy summaryThis bill imposes new sanctions on foreign entities (including banks, insurers, and logistics companies) that knowingly facilitate Iran's oil, gas, LNG, or petrochemical exports. It blocks U.S. property of sanctioned entities and bars targeted individuals from entering the U.S. via visa restrictions or revocation. Exceptions cover goods imports and certain international obligations, while the President may grant limited 180-day waivers for national security reasons, subject to congressional reporting. The law aims to disrupt Iran's energy revenue streams used for terrorism, weapons programs, and repression, with enforcement coordinated through a new interagency working group.

Maddy summaryThe Financing Our Energy Future Act (S 510) expands tax-qualified activities for green energy publicly traded partnerships under the Internal Revenue Code. It directly affects businesses investing in renewable energy projects by adding specific eligible activities, such as generating power from qualified renewable sources (e.g., solar, wind, or advanced nuclear), storing energy using new technology, capturing carbon dioxide, and producing low-emission fuels. Key provisions require new fuels to achieve at least a 60% reduction in lifecycle greenhouse gas emissions compared to baseline standards, and mandate that carbon capture facilities capture at least 50% of their carbon oxide output. The changes take effect for taxable years beginning after December 31, 2025.

Maddy summaryThis bill amends the Higher Education Act of 1965 to exempt certain family-owned assets from financial need calculations for college students. Specifically, it removes the net value of a family farm (where the family resides) or a small business (with 100 or fewer full-time equivalent employees) owned and controlled by the family from being counted as assets when determining federal financial aid eligibility. The change applies to need analysis for award years starting after the bill's enactment date. This policy directly affects students from qualifying family farms or small businesses when applying for federal student aid under Title IV programs.

Maddy summaryThis bill amends the CARES Act by removing subsection (c) of Section 4024. It does not create new policies or directly affect any specific group; it only modifies an existing provision in federal law. The change is purely procedural, eliminating a specific subsection without altering the law's overall structure or requirements. No new rules or impacts on housing are introduced. (1 sentence, as it is a procedural amendment).

Maddy summaryS 473, the SENIOR Act, requires the federal government to assess loneliness among older adults as part of existing aging programs. It amends the Older Americans Act to explicitly include "loneliness" alongside "social isolation" in program definitions and mandates a report on how current programs address loneliness's health impacts. The report must analyze loneliness prevalence, health effects, program effectiveness, and the role of family connections across generations, with an interim report due in 2 years and a final report in 5 years. This bill directly affects older individuals identified as having "greatest social need" through programs funded by the Administration on Aging. The legislation focuses on data collection and evaluation, not new funding or immediate policy changes.

Maddy summaryS 475, the Alternatives to PAIN Act, changes Medicare Part D coverage to make non-opioid pain management drugs more accessible and affordable for beneficiaries. It requires Medicare plans to cover qualifying non-opioid pain drugs without deductibles and place them on the lowest cost-sharing tier (meaning patients pay the least out-of-pocket) starting in 2026. The bill also prohibits plans from requiring step therapy (forcing patients to try opioids first) or prior authorization for these specific drugs. Qualifying drugs must treat acute pain (like post-surgery), not work on opioid receptors, have no equivalent alternatives, and meet cost thresholds. This directly affects Medicare Part D beneficiaries needing pain management and the plans that cover them.

Maddy summaryThis bill creates a permanent program to cover tuition and educational expenses for Air National Guard members who meet their training requirements. It requires the Air Force Secretary to use existing authority under federal law (10 U.S.C. §2007) to pay for these costs, replacing temporary or inconsistent approaches. The program directly affects active-duty Air National Guard members who comply with their training obligations under 32 U.S.C. §502(a). This is a concrete policy change to standardize and ensure ongoing tuition assistance, not a new funding source or eligibility expansion.

Maddy summaryThe Focus on Learning Act requires the Surgeon General to study how mobile device use affects student learning, mental health, and school climate in K-12 schools. It establishes a pilot program offering $5 million to fund secure containers/lockers for schools to create "mobile device-free environments" during school hours (excluding school-issued devices). Participating schools must maintain communication systems for staff/emergency response, have clear parent contact processes, and get parental input before implementing the policy. The bill directly affects elementary and secondary schools, students, and parents by mandating a study and pilot program to test device-free learning environments.

Maddy summaryThis bill requires mandatory country of origin labeling for beef products, including ground beef, so consumers can see where their beef comes from. It updates existing labeling rules under the Agricultural Marketing Act of 1946 to specifically include beef (and ground beef) alongside other meats. The law directs the U.S. Trade Representative and Agriculture Secretary to find a World Trade Organization-compliant way to reinstate this labeling within a year of enactment. It directly affects beef producers, retailers, and consumers by changing how beef packaging must identify its country of origin.

Maddy summaryThis bill amends federal securities laws to expand regulatory exemptions for retirement plans used by charities and educational institutions. It specifically updates definitions to include 403(b) plans (common for nonprofit employees) under exemptions from certain registration and oversight rules, provided they meet three conditions: (1) they follow federal retirement law (ERISA), (2) the employer acts as a fiduciary for investment choices, or (3) they are governmental plans. This change directly affects employees of qualifying charities and educational institutions who participate in these 403(b) plans, reducing compliance burdens for their retirement plans. The policy change streamlines regulatory requirements without altering retirement benefits or funding.