HR 7154, the Streamlining Small Business Contracts Act of 2026, raises the maximum dollar limit for certain sole-source contracts awarded to small businesses under the Small Business Act. The bill amends four specific sections (8(a)(1)(D)(i)(II), 8(m)(7)(B), 8(m)(8)(B), 31(c)(2)(A)(ii), and 36(c)(2)) to increase the threshold from $7 million to $10 million for these contracts. This change directly affects small business concerns that qualify for the specified contracting authorities, allowing them to secure larger contracts without competitive bidding. The key mechanism is simply adjusting the dollar limit in the relevant provisions of the Small Business Act.
The FAST VETS Act (HR 4446) modifies how the Department of Veterans Affairs (VA) updates vocational rehabilitation plans for veterans. It requires the VA to rework a veteran’s individualized plan only if two conditions are met: (1) the veteran’s job-related challenges have changed, making the original goals unachievable, and (2) a new plan would better achieve their long-term employment goals. Veterans currently enrolled in VA vocational rehabilitation programs are directly affected, as this change limits automatic plan revisions to cases where specific, documented shifts in their circumstances occur. The law does not alter eligibility or funding but refines the process for adapting plans to evolving veteran needs.
This bill removes the current $250,000 (single filers) and $500,000 (married couples) limit on tax-free profit when selling a primary residence. It directly affects homeowners who sell their homes by eliminating these dollar caps under Internal Revenue Code Section 121. The key provision amends the tax code to allow full exclusion of capital gains from principal residence sales without the previous monetary limits. The change would apply to home sales occurring after the bill's enactment date.
The McCarran-Ferguson Restoration Act eliminates the Federal Insurance Office and creates a "United States Insurance Representative" within the Treasury Department to coordinate federal insurance policy and represent the U.S. internationally. This position would determine when state insurance regulations might be preempted by international agreements, while maintaining state authority over most insurance matters including health, long-term care, and crop insurance. The bill requires the Representative to consult with states, publish notices, and allow a 30-day period before any preemption takes effect. This legislation aims to streamline international insurance regulatory coordination while preserving state-level oversight of insurance regulation.
HR 7137, the Shutdown Fairness Act, requires federal agencies to pay covered employees (including most federal workers and military personnel) and covered contractors their regular pay during government shutdowns. It appropriates funds from the Treasury to cover standard employee compensation and contractor payments for work performed during a lapse in regular appropriations, ensuring pay continues without delay (within 7 days if a shutdown is ongoing at enactment) and aligns with regular pay schedules. The bill applies only to individuals employed or with accepted offers before the shutdown began and mandates that these payments be charged to future appropriations. It does not change agency obligations under existing contracts or authorize new spending beyond the specified shutdown period.
This bill requires U.S. Department of Homeland Security (DHS) law enforcement officers and agents to follow a new department-wide policy on use of force. It mandates that officers use only objectively reasonable force, prioritize de-escalation, ban chokeholds and carotid restraints, and complete regular training. The policy also requires DHS components to establish internal review teams to analyze incidents and report detailed data every six months - including incidents causing injury, death, or involving deadly force - to the public via the DHS website. Additionally, DHS must brief Congress and inform the public within 24 hours of any incident resulting in hospitalization or death.
SRES 585 is a commemorative resolution honoring Ben Nighthorse Campbell, a former U.S. Senator from Colorado and the first Native American to chair the Senate Committee on Indian Affairs. It recognizes his military service, Olympic judo career, legislative work (including authoring the National Museum of the American Indian Act), and advocacy for tribal communities. The resolution has no policy impact - it formally expresses the Senate’s respect for his legacy, requests transmission to his family, and directs a moment of silence. It directly affects Campbell’s legacy and family, not any current policy or population. (Note: This is a procedural resolution, not a bill with legislative provisions.)
S 3660, the Credit Card Fairness Act, limits late fees charged by large credit card issuers (those with 1 million+ open accounts) to a maximum of $8 per late payment. The bill requires that late fees be proportional to the actual costs incurred by issuers for late payments, not set arbitrarily. It allows the Consumer Financial Protection Bureau (CFPB) to adjust the $8 cap annually based on inflation (using the Consumer Price Index), but the fee must never exceed the issuer's documented costs. This bill directly affects major credit card companies and aims to prevent excessive late fees, codifying the CFPB's existing rule into law.
HR 7095 bans the importation of energy products (like refined oil) classified under chapter 27 of the U.S. tariff system if they were produced using crude oil originating from Russia, even if processed outside Russia. This directly affects U.S. importers and companies handling such energy products. The bill amends existing law to prohibit these imports by requiring customs to block shipments tied to Russian crude oil, regardless of where refining occurred. It targets "laundered" Russian oil that might otherwise enter the U.S. market through third-country refineries. The policy change focuses on restricting the flow of Russian energy revenue through import channels.
The Jumpstart Savings Act creates a new tax-advantaged savings program for state-run accounts that help individuals save for career-specific training and expenses. It directly affects workers, apprentices, and students pursuing certified trades or occupations by allowing tax-free contributions to accounts covering costs like community college tuition, apprenticeship fees, certification exams, trade tools, and business startup expenses. The bill enables rollovers from existing 529 college savings plans into these accounts and requires states to administer the programs with reporting rules similar to current 529 plans. The program will apply to taxable years beginning after December 31, 2025, and is designed to support career advancement in regulated fields.
HR 7100 establishes a Department of Justice Task Force on Anti-Sikh Hate and Discrimination to address systemic bias against Sikhs. The Task Force must draft a formal definition of anti-Sikh hate for DOJ use, develop educational programs for law enforcement and schools, and produce annual reports on hate crimes and trends. It requires quarterly collaboration with Sikh organizations and translation of materials into Punjabi. The bill directly affects Sikhs in the U.S. (who face disproportionate targeting as noted in FBI data) and mandates federal agencies to improve hate crime data collection and response. This is a policy-focused measure to standardize definitions, enhance reporting, and support community safety through DOJ action.
HR 7118, the Genomic Answers for Children’s Health Act of 2026, requires Medicaid to cover whole genome and whole exome sequencing for Medicaid-eligible children with specific medical needs, including genetic disorders, rare diseases, congenital anomalies, developmental delays, or intellectual disabilities. It mandates that this testing be ordered as a first-tier test by a physician and paid separately, not bundled with other services. The bill also requires the Department of Health and Human Services to convene stakeholders, conduct outreach to raise awareness, and publish a report within two years detailing state payment rates and usage data. Additionally, it directs a Comptroller General report assessing implementation barriers, workforce challenges, and payment alignment with market costs. The changes take effect January 1, 2027.
