Supply Chain Disruptions Relief Act This bill modifies the treatment of liquidations of new motor vehicle inventory as qualified LIFO (last in first out accounting method) inventory. It allows new motor vehicle dealers to elect to wait until the end of 2025 to replace their inventory for purposes of determining income attributable to the sale of such inventory during 2020 and 2021.
Sponsored bills
This joint resolution nullifies a Department of Education rule published on July 6, 2022, concerning final priorities, requirements, definitions, and selection criteria for the Charter Schools Program.
This resolution supports the annual recognition of Interscholastic Athletic Administrators' Day on December 14, 2022. In addition, the resolution commends (1) athletic administrators for their commitment to secondary school student athletes, and (2) the National Interscholastic Athletic Administrators Association for providing continuous learning and preparation to athletic administrators.
Childcare Development of Employee Solutions for Early Rearing in Towns with Shortages Act or the Childcare DESERTS Act This bill allows recipients of Small Business Administration loans under the 7(a) loan program and 504 loan program to use such loans to provide child care services to their employees.
Helping Startups Continue to Grow Act of 2022 This bill allows certain issuers of securities regulated as emerging growth companies to continue operating under such regulations, including those related to reduced disclosures and other exemptions, for an additional five years.
Opportunity Zones Transparency, Extension, and Improvement Act This bill revises rules and reinstates reporting requirements relating to qualified opportunity zones (economically distressed communities where new investments, under specified conditions, may be eligible for preferential tax treatment). Specifically, the bill terminates the designation of zones that are disqualified due to median family income exceeding 130% of national median family income and permits states to identify and expand terminations of such zones. The bill also reinstates reporting requirements for qualified opportunity zones and imposes penalties for noncompliance with such requirements, extends the opportunity zones temporary deferral period for qualifying capital gain through 2028, and establishes a State and Community Dynamism Fund to support public and private investment in qualified opportunity zones.
This resolution expresses support for the goals and ideals of Sickle Cell Disease Awareness Month. Sickle cell disease is an inherited blood disorder than can lead to pain, anemia, infections, and stroke.
Maddy summarySRES 851 is a ceremonial resolution celebrating the 45th anniversary of the Senate Black Legislative Staff Caucus, established in 1977 by Jackie Parker and Ralph Everett. It honors the Caucus for its role in improving working conditions for Black Senate staff, promoting diversity and inclusion, and supporting Black Senators since its founding. The resolution recognizes the Caucus's ongoing work advancing justice and equality within the Senate, but it contains no policy changes or binding requirements. As a commemorative resolution, it does not affect legislation or create new obligations.
Maddy summarySRES 858 is a symbolic Senate resolution expressing support for National Adoption Day and National Adoption Month. It does not create new laws or allocate funds but publicly endorses efforts to promote adoption awareness, celebrate adoptive families, and encourage Americans to consider adoption. The resolution specifically recognizes that every child deserves a permanent family and urges people to support adoption opportunities during November and year-round. It highlights existing statistics about children in foster care (e.g., 114,000 waiting for adoption) but focuses solely on raising awareness, not changing policies. This resolution was introduced by 35 Senators and adopted without legislative effect.
Protect Farmers from the SEC Act This bill prohibits the Securities and Exchange Commission from requiring the disclosure of greenhouse gas emissions related to agricultural products.