Maddy summaryThe Protecting Access to Credit for Small Businesses Act prohibits the Small Business Administration (SBA) from making direct loans under the 7(a) program for new applications. This means the SBA will no longer provide direct funding to small businesses through this specific channel, though it will continue servicing existing direct 7(a) loans approved before the bill's enactment. The bill does not affect the SBA’s standard role in guaranteeing loans made by banks under the 7(a) program, which remains the primary method for small business lending. As a result, small businesses seeking 7(a) loans after the bill takes effect must work with participating banks rather than the SBA directly.
Sponsored bills
Maddy summaryThis bill (S 2449, "Recovery of Stolen Checks Act") allows taxpayers who have had paper tax refunds lost or stolen to elect receiving replacement refunds via direct deposit instead of a paper check. It amends the Internal Revenue Code to require the IRS to establish regulations within six months enabling this election process for eligible taxpayers. The key provision creates a new option for individuals needing replacement refunds for lost or stolen paper checks, shifting the method from physical mail to direct deposit. This directly affects taxpayers who previously received paper refunds but now face loss or theft. The bill focuses on streamlining the replacement process without changing tax rates or eligibility.
Maddy summaryThis bill requires hospitals and obstetric providers to disclose policies on providing life-saving care to premature infants, directly affecting parents expecting premature births and healthcare facilities. Hospitals must publicly state if they have a minimum gestational age for treatment, whether care decisions are case-by-case, and transfer plans for infants needing higher-level care. Obstetric providers must share these policies with patients during the first prenatal visit. Non-compliant hospitals and providers risk losing federal Medicaid and CHIP funding starting January 2026. The law aims to ensure transparency about neonatal care options before delivery.
Maddy summaryThis resolution commends the Florida Panthers for winning the 2025 Stanley Cup Final and congratulates their fans. It directs the Senate to send a copy of the resolution to the team's ownership (including Vincent Viola), management (Matthew Caldwell), and hockey operations leadership (Bill Zito). The resolution is purely ceremonial and does not create any legal obligations or policy changes. It specifically recognizes the team's playoff victories and individual player awards from the 2024-2025 NHL season.
Maddy summaryThis bill strengthens the federal 287(g) program, which allows state and local law enforcement agencies to collaborate with U.S. Immigration and Customs Enforcement (ICE) on immigration enforcement. It requires the Department of Homeland Security (DHS) to approve state/local requests for 287(g) agreements unless there is a compelling reason to deny them, prohibits limiting the number of agreements, and prevents arbitrary termination of existing agreements without due process. The bill also mandates annual public reports tracking participation, outcomes (like arrests and removals), compliance with training standards, and reasons for any agreement terminations. Additionally, it clarifies funding for the program by adding 287(g) expenses to the Breached Bond/Detention Fund and requires DHS to establish uniform training standards aligned with federal law enforcement training.
Maddy summaryS 2406, the Canadian Snowbirds Act of 2025, creates a new visa category for Canadian retirees aged 50 or older. It allows eligible Canadian citizens who maintain a residence in Canada, have U.S. accommodations (ownership or rental), and meet other criteria (like not working locally or using certain public benefits) to enter the U.S. as visitors for up to 240 days per year. The bill also modifies tax law to treat these individuals as nonresident aliens for tax purposes. This directly affects Canadian retirees seeking extended stays in the U.S. without working locally or accessing specific U.S. benefits.
Maddy summaryS 330, the CCP IP Act, imposes sanctions on Chinese individuals and entities determined to have engaged in significant theft of U.S. intellectual property. The President must block their U.S. assets and deny visas or entry to the U.S. for those involved in IP theft or acting on behalf of the Chinese government. It also restricts visas for senior Chinese Communist Party officials, military personnel, and their immediate family members. The bill requires reports on implementation and allows limited waivers for national security reasons, but does not specify penalties beyond the defined sanctions.
Maddy summaryS 2371, the Safe Baby Formula Act of 2025, requires the U.S. Department of Health and Human Services (HHS) to study the health impacts of arsenic, cadmium, mercury, and lead in infant formula within one year of enactment. Within 90 days of the bill becoming law, HHS must establish either enforceable action levels or formal maximum contamination limits for these toxic metals in infant formula. The bill directly affects infant formula manufacturers and distributors, who will need to comply with the new safety standards. The law defines "infant formula" using the existing federal definition under the Federal Food, Drug, and Cosmetic Act.
Maddy summaryThis bill requires U.S. agencies to track and report on investments by American businesses into countries designated as "countries of concern" (like China, Russia, Iran, and North Korea) and entities tied to those nations. The Commerce Department, Treasury, and Securities and Exchange Commission must submit quarterly reports detailing the value and volume of direct investments (over $5 million per transaction) and portfolio investments (over $10 million per transaction), broken down by sector and U.S. state. Reports must also account for investments routed through offshore financial centers and cover specific activities like corporate spin-offs, joint ventures, or acquisitions involving "covered entities." The bill focuses solely on transparency and data collection, not on restricting investments or imposing new financial penalties.
Maddy summaryS 2382, the Trusted Foreign Auditing Act of 2025, prohibits U.S. stock exchanges from listing foreign companies that use "compromised auditors" for their financial audits. It directly affects foreign companies headquartered in designated "covered countries" (like those identified as national security threats in U.S. intelligence reports) seeking to list on U.S. exchanges. The bill defines a "compromised auditor" as a foreign branch or subsidiary of an accounting firm influenced by a covered country, and bans trading of such companies' securities if they retain these auditors. This creates a concrete policy change by requiring exchanges to block listings based on specific audit firm affiliations tied to national security concerns.