Rep. Derek Tran

Maddy summaryThis concurrent resolution directs the President to withdraw United States Armed Forces from any hostilities against Iran. It specifically invokes the War Powers Resolution, mandating this removal unless Congress formally declares war or provides specific authorization for military force against Iran. The bill clarifies that it does not prevent the U.S. from acting in self-defense, maintaining a defensive troop presence in the region, or continuing intelligence activities related to threats from Iran.

Maddy summaryThe Reverse Big Ugly Tax Breaks for Data Centers Act removes specific tax incentives for large-scale data centers and artificial intelligence facilities. It excludes these facilities from bonus depreciation, a provision that currently allows businesses to deduct the full cost of certain equipment in the year it is purchased. Additionally, the bill prevents these properties from qualifying as opportunity zone business property, which would otherwise offer significant tax benefits for investments in designated areas. The legislation targets structures with a power capacity exceeding 50 megawatts that are dedicated to data storage, processing, or AI operations.

Maddy summaryThe 504 Modernization and Small Manufacturer Enhancement Act of 2026 amends the Small Business Investment Act to expand eligibility for federal financing programs, specifically allowing loans to support workforce training, disaster recovery areas, and small businesses with ten or fewer employees. The bill streamlines loan closing procedures by permitting certified development companies to make minor adjustments to project costs and borrower details without restarting the approval process, while also authorizing approved attorneys to handle closings for priority lenders. Additionally, it relaxes occupancy requirements for new facilities and existing buildings, allowing small manufacturers to lease up to 50 percent of a new facility and other businesses to lease up to 66 percent of an existing building under specific conditions. Finally, the legislation requires the Small Business Administration to implement a marketing plan to improve loan awareness and exempts certain development company loans from standard credit availability rules.

Maddy summaryThe Combating Foreign Threats to Main Street Act of 2026 directs the Small Business Administration to create and distribute educational materials that help small businesses identify and protect against harmful activities by foreign adversaries. These materials must cover topics such as intellectual property theft, cybersecurity risks, forced labor in supply chains, and the dangers of specific commercial relationships with foreign-controlled entities. The bill requires the agency to review and update these resources annually starting in 2027 to ensure they reflect current threats and best practices. Additionally, if the agency determines that a specific activity poses a significant risk to national or economic security, it must notify the relevant congressional committees about the finding and its justification.

Maddy summaryThis concurrent resolution directs the President to withdraw U.S. military forces from hostilities with Iran. It invokes Section 5(c) of the War Powers Resolution, which allows Congress to end ongoing military engagements. The bill permits keeping troops only if they are needed to defend the U.S. or its allies from an immediate attack, provided the President follows specific reporting rules. All other forces must be removed unless Congress has passed a formal declaration of war or a specific authorization for using military force against Iran.

Maddy summaryHR 5967 establishes a federal task force led by the FTC and DOJ to combat scams. The task force, including agencies like the FBI, SEC, and Social Security Administration, will develop a national strategy using existing tools such as the Consumer Sentinel Network and Internet Crime Complaint Center. Key actions include public education, coordination with industry (like banks and social media platforms), and enforcement using current laws against fraud and money laundering. The task force must report to Congress within one year and dissolve after 10 years.

Maddy summaryThe TRAPS Act establishes a federal Task Force on Payment Scams, chaired by the Treasury Secretary, to coordinate efforts across agencies like the FTC, Federal Reserve, and consumer groups. The Task Force will study current scam tactics (such as fake text messages or fraudulent payment platforms), evaluate prevention strategies, and develop recommendations to help consumers avoid and report scams. It must submit an initial report within one year and annual updates, focusing on improving federal-state coordination and education programs. This bill directly affects government agencies and stakeholders participating in the Task Force, with the goal of protecting consumers from evolving payment scams.