Maddy summaryHR 1321, the "More Homes on the Market Act," increases the tax exclusion for gains from selling a primary residence. It doubles the exclusion amount from $250,000 to $500,000 for single filers and from $500,000 to $1,000,000 for married couples filing jointly. The bill also adds automatic annual inflation adjustments to these amounts starting in 2023, ensuring the exclusion keeps pace with rising costs. This change directly affects homeowners who sell their primary residence and meet the ownership and use requirements under current tax law. The policy modifies the Internal Revenue Code to make selling a home less financially burdensome for qualifying homeowners.
Rep. Greg Landsman
Sponsored bills
This bill excludes from gross income, for income tax purposes, compensation received by individuals and businesses for losses resulting from the East Palestine, Ohio train derailment on February 3, 2023. This includes lost business income paid by a federal, state, or local government agency, Norfolk Southern Railway, or any subsidiary, insurer, or agent of the railway, or any related person.
Maddy summaryThis bill authorizes the U.S. President to lend or lease defensive military equipment to Taiwan’s government to strengthen its ability to defend against potential aggression from China’s military, including scenarios like naval blockades, amphibious assaults, or missile strikes. It requires Taiwan to pay for damaged or lost equipment and to repay the U.S. for defense services or construction over 12 years, with interest rates subject to congressional review. The bill mandates a 90-day report to Congress assessing Taiwan’s defense needs, supply chain challenges, and timelines for delivering and integrating military equipment. It does not create new policy but establishes procedures for U.S. defense support to Taiwan under specific conditions.
Maddy summaryThe Peace Corps Reauthorization Act of 2023 makes several key updates to support Peace Corps volunteers. It increases readjustment allowances from $125 to $375, establishes protocols for safely returning volunteers whose service was interrupted by catastrophic events, and improves health care provisions including mental health services. The bill extends noncompetitive hiring eligibility for returning volunteers for up to three years and implements a zero-tolerance policy for illegal drug use. It also adds protections against retaliation for volunteers who report issues related to waste, fraud, or safety concerns. These changes aim to better support volunteers before, during, and after their service.
Maddy summaryThis bill establishes pay equity for federal firefighters by adjusting how their retirement benefits are calculated and setting a standard workweek. It requires retirement annuities to include overtime hours worked as part of a firefighter's regular schedule (e.g., overtime during standard shifts), rather than excluding them. The bill also mandates a maximum 60-hour regular workweek for federal firefighters, set by the Office of Personnel Management within one year of enactment. These changes directly affect federal firefighters, aiming to improve pay comparability with municipal firefighters and other federal employees while supporting recruitment and retention.
Maddy summaryThe Richard L. Trumka Protecting the Right to Organize Act of 2023 strengthens workers' rights to organize unions by making it harder for employers to interfere with organizing efforts. Key provisions include changing the definition of "employee" to make it more difficult to classify workers as independent contractors, prohibiting employers from threatening to permanently replace striking workers, and requiring employers to provide voter lists for union elections. The bill also creates a new electronic voting system for union elections, strengthens whistleblower protections for workers reporting labor violations, and increases penalties for unfair labor practices. These changes directly affect workers seeking to form unions, employers who may interfere with organizing, and labor organizations. The bill aims to make it easier for workers to exercise their right to collective bargaining under the National Labor Relations Act.
Maddy summaryHR 1222, the Buffalo Soldiers Congressional Gold Medal Act of 2023, authorizes a single Congressional Gold Medal to honor the six all-Black cavalry and infantry regiments established in 1866 (later consolidated into four regiments). The medal recognizes their service from the post-Civil War era through World War II, including roles in frontier protection, national park preservation, and combat during major conflicts. After awarding the medal, it will be permanently displayed at the Smithsonian's National Museum of African American History and Culture, with bronze duplicates available for sale to cover costs. This bill is purely commemorative, with no new policies or direct impacts on current laws or individuals.
Maddy summaryThis bill requires drug manufacturers to include patient experience data in the U.S. Food and Drug Administration's risk-benefit assessments for new drug approvals. It amends the Federal Food, Drug, and Cosmetic Act to mandate that sponsors submit and describe how patient experience data was considered during the review process. The law directly affects pharmaceutical companies seeking new drug approvals and the FDA during its evaluation. The key provision adds specific language to the approval framework, making patient experience data a formal part of the assessment.
Maddy summaryThis bill directs the Joint Committee of Congress on the Library to obtain a statue of Shirley Chisholm and place it permanently in the U.S. Capitol within two years of enactment. It authorizes the Architect of the Capitol to handle the agreement for the statue under the Committee's terms, with necessary funding approved as needed. The bill does not change laws or affect specific people or groups; it is a procedural measure to honor Shirley Chisholm, the first Black woman elected to Congress, through a permanent Capitol display.
Maddy summaryHR 1088, the Shirley Chisholm Congressional Gold Medal Act, authorizes a posthumous Congressional Gold Medal to honor Congresswoman Shirley Chisholm, the first African-American woman elected to Congress (1968) and the first Black candidate for a major party's presidential nomination (1972). The bill directs the Treasury Secretary to design and strike a gold medal featuring Chisholm's image, which will be presented by Congress and then permanently displayed at the Smithsonian Institution. Duplicate bronze medals may be sold to the public to cover production costs, with proceeds deposited into the U.S. Mint fund. This bill commemorates Chisholm's legacy and achievements without creating new laws or affecting any current policies.