The STRONG Kids Act establishes a competitive grant program through the Department of Health and Human Services to fund youth sports and physical activity programs nationwide. The program works through a two-tier system where the federal government awards grants to national or regional nonprofit and government organizations, which then distribute subgrants to local youth sports providers to improve program quality, increase participation, and enhance athlete safety. Eligible uses of funding include reducing participation barriers for low-income and disabled youth, training coaches on safety and development, implementing abuse prevention protocols with background checks, improving facilities for accessibility, and providing scholarships to cover participation fees. The legislation prioritizes serving youth with limited resources and requires grantees to provide technical assistance and report on outcomes to Congress every three years. Funding is tied to federal excise tax revenue on sports betting, with 50 percent of 2025 tax receipts allocated for fiscal year 2027, and adjusted for inflation annually through 2037.

The S Corporation Modernization Act of 2026 makes several significant changes to tax rules for small businesses organized as S corporations. The bill expands eligibility for S corporation ownership by allowing nonresident aliens and individual retirement accounts (IRAs) to hold shares, and increases the maximum number of shareholders from 100 to 250. It also raises the passive investment income threshold from 25 percent to 60 percent and eliminates the automatic termination of S corporation status when a company exceeds the old income limit. For inherited S corporation stock, the bill creates a new deduction allowing heirs to amortize built-in gains over 15 years and permits suspended losses to be transferred when the original owner dies. Additionally, the legislation repeals Section 409A, which governs the taxation of nonqualified deferred compensation plans, and counts all employees of a firm as a single shareholder toward the shareholder limit. Most provisions take effect for tax years beginning after December 31, 2025 or 2026, except rules affecting nonresident aliens which apply to sales and dispositions after December 31, 2025.

The ACCESS Act modernizes federal tax rules governing publicly traded partnerships, which are investment vehicles that trade on stock exchanges. The bill makes four main changes to the Internal Revenue Code: it excludes certain publicly traded partnership units from unrelated business income tax for small investors, modifies asset composition rules for regulated investment companies, eliminates separate passive activity loss restrictions for publicly traded partnerships, and exempts certain traded partnership interests from being taxed as foreign investment income under specific conditions. These changes primarily affect investment firms, mutual funds, and individual investors who hold small stakes in publicly traded partnerships. The tax modifications take effect for taxable years beginning after December 31, 2026, with no new federal spending authorized by the legislation.

The Housing Opportunities and Preservation Enhancement Act of 2026 amends the federal tax code to create new tax incentives for partnerships that own and rehabilitate older affordable rental housing. The bill targets residential buildings that are at least 15 years old, have been substantially rehabilitated with costs exceeding either 20 percent of the building's value or $20,000 per unit, and maintain affordability requirements with at least 70 percent of units rented to households earning no more than 80 percent of area median income. Ownership is restricted to partnerships managed by qualified tax-exempt organizations, government agencies, tribal housing authorities, or public housing authorities. The legislation provides significant tax benefits to qualifying properties, including accelerated 15-year depreciation schedules, exemptions from passive activity loss limitations, and the ability to reset property basis to fair market value after ten years of ownership, while also allowing certain debt to be treated favorably under tax rules. The bill takes effect for tax years beginning after its enactment and includes inflation adjustments to the per-unit rehabilitation spending requirement starting in 2027.

The Save Our Pedestrians Act of 2026 requires states to dedicate 5 percent of certain federal highway safety funds to projects specifically aimed at reducing pedestrian injuries and deaths at dangerous crossings. Starting in fiscal year 2027 and continuing each year thereafter, states must spend these set-aside funds on safety improvements at pedestrian crossings identified as high-risk, meaning areas with a documented high rate of vehicle-pedestrian accidents. States will work with local governments to identify which crossings qualify as high-risk based on their injury and fatality records. The bill amends existing federal transportation law to create this new funding requirement, ensuring dedicated resources flow toward pedestrian safety improvements across the country. No specific total dollar amount is mentioned in the legislation, as the 5 percent requirement applies to whatever funds are allocated to states under existing federal highway programs.

The Historic Preservation and Land Conservation Certainty Act establishes a voluntary settlement program for partnerships that have disputed conservation easement tax deductions with the IRS, allowing them to resolve these disputes without litigation by electing into the program within a 180-day window and paying a calculated settlement amount consisting of back taxes plus penalties capped at a multiple of their actual investment. Once a partnership files an election with Treasury and proper documentation, the settlement becomes immediately binding on all involved parties, who waive their right to contest the matter in court, though individual partners may still file refund claims and partnerships can request administrative review or Tax Court petitions within 90 days if the IRS disputes the computed amount. The bill also modifies the definition of "contributing buildings" in historic districts for tax purposes, allowing buildings to qualify based on identification in National Register nominations or district documentation rather than requiring individual certification by the Secretary of the Interior, with these changes applying retroactively to certain open tax years for conservation donations and prospectively for rehabilitation tax credits beginning after the law is enacted. The settlement program suspends IRS collection efforts during the review period, and the election remains valid if the additional amount is paid within 90 days after final determination.

This bill modifies tax rules for certain financial institutions regarding net operating losses, which occur when a business's deductions exceed its income. Specifically, it allows eligible banks and bank holding companies to carry forward or carry back these losses over extended periods depending on the year, with losses from 2027 able to be carried forward for up to 20 years, losses from 2028 carried back one year and forward for 20 years, and losses from 2029 onward carried back two years and forward for 20 years. The legislation applies to independent banks, bank holding company affiliates that include independent banks, and certain other banking entities, allowing them to elect whether to use these special rules for each applicable year. The changes take effect for net operating losses arising after December 31, 2026, giving financial institutions greater flexibility in managing tax liability during periods of financial losses. No specific appropriations or federal funding are mentioned in the bill.

This bill establishes new tax rules specifically for cryptocurrency mining and staking activities. Under the legislation, taxpayers who receive newly minted digital assets from validating cryptocurrency transactions must generally report the fair market value as ordinary income immediately, though they can elect to defer recognition and instead add their costs to the asset's basis—a choice that would require gains to be taxed as ordinary income rather than capital gains when sold. The bill allows deduction of validation costs like equipment and electricity, defines key terms for digital asset activities, and clarifies that U.S. residents pay tax on this income in the United States while nonresidents are taxed elsewhere, with special rules for partnerships and foreign branches. These provisions apply to assets acquired after the bill becomes law and grant the Treasury Department authority to issue guidance on implementation. The legislation aims to provide clarity on how miners and stakers should report their income while offering an incentive structure to encourage continued investment in cryptocurrency validation work.

The Affordable Housing Credit Carryback Act would amend the tax code to allow developers and investors to carry back unused low-income housing tax credits for five years. Currently, unused housing tax credits can only be carried forward to future years, but this bill would let taxpayers apply excess credits retroactively to previous tax years to offset prior tax liability. This change would primarily benefit housing developers, property owners, and investors involved in constructing or rehabilitating affordable housing projects. The provision would take effect for tax years beginning after the bill is enacted, with no specific funding appropriations mentioned since the bill works through the tax code rather than direct spending. By allowing credits to be used retroactively, the bill aims to improve the financial viability of affordable housing projects and encourage more development of low-income housing.

Preventing Waste, Fraud, and Abuse in TANF ActThis bill limits how and when states may use Temporary Assistance for Needy Families (TANF) funds and establishes an eligibility threshold for all TANF-funded assistance and services.Currently, each state sets its own eligibility threshold for TANF-funded cash assistance. The bill establishes an upper limit on eligibility applicable to all assistance and services (including non-cash benefits) funded by TANF family assistance grants. Under this provision, only families with income under 200% of the federal poverty guidelines may receive TANF-funded assistance and services.Further, the bill generally requires states to obligate TANF funds by the end of the fiscal year after they are paid and to spend funds by the end of the second fiscal year after they are paid. However, states may reserve a specified portion of their TANF funds for future use. (There is currently no requirement to use TANF funds within a specified period.)The bill also explicitly requires states to use federal TANF funds to supplement, not replace, state and local funding for TANF-supported programs. (Current law requires states to spend a specified minimum amount on TANF-eligible activities and populations, known as the maintenance of effort requirement.)States must also take specified steps to track and report on improper payments of federal funds (e.g., overpayments, underpayments, payments to ineligible recipients). Within one year of enactment, HHS must submit to Congress a plan to reduce or eliminate improper payments made by states under the TANF program within 10 years.

The No Wasted Space Act establishes a nine-member commission to study potential uses for the Smithsonian Institution's Arts and Industries Building on the National Mall in Washington, DC. The commission, composed of members appointed by congressional leaders and the Smithsonian Board of Regents, will examine educational institutions, museums, and cultural organizations that could potentially occupy the space, and will assess the costs of converting the building into a modern museum. Within one year of its first meeting, the commission must submit a detailed report to the President and Congress that includes a fundraising plan to support the building's operations without relying on federal appropriations and legislative recommendations regarding renovation timelines, appropriations levels, and a potential new name for the building. Commission members will serve without pay but receive travel reimbursement, and the commission will be responsible for funding its own operations through donations and contributions. The commission will dissolve 30 days after submitting its final recommendations.

The Supporting Energy and Economic Development (SEED) Act extends federal tax incentives for biodiesel and renewable diesel fuel producers through 2029, five years beyond the current 2024 expiration date. The bill amends the tax code to continue an income tax credit for biodiesel and renewable diesel, as well as excise tax credits for these fuels used in commercial and non-commercial applications. A key provision prevents companies from receiving double benefits by claiming both the existing biodiesel incentives and newer clean fuel credits under separate tax provisions. The changes take effect immediately upon enactment and primarily benefit fuel producers, agricultural operations, and businesses that use renewable diesel products, while supporting the domestic biofuel industry's economic development and energy independence goals.

The Pay Less at the Pump Act of 2026 eliminates a federal tax on hazardous substances that had been financing environmental cleanup efforts through the Superfund program. This tax, which applies to the chemical and oil industries, will be terminated effective January 1, 2026, and the bill also changes rules for how the Superfund trust fund can borrow money—switching from allowing advances until 2032 to requiring repayment on a quarterly basis. The legislation affects oil and chemical companies that currently pay this tax, and consumers may see slightly lower fuel prices, though the primary financial impact will be reduced federal revenue for cleaning up contaminated industrial sites. The bill takes effect immediately upon passage for the loan provision and on January 1, 2026 for the tax termination itself. This change means that future environmental cleanup costs will need to be funded through other sources rather than this industry-specific excise tax.

This bill amends Medicare law to help family caregivers access their relatives' health information more easily by expanding the 1–800–MEDICARE hotline service. Under the legislation, Medicare beneficiaries can authorize a family caregiver to retrieve their personal health information through this toll-free number by completing a simple authorization form. The bill requires the Department of Health and Human Services to conduct widespread outreach and education campaigns to inform Medicare beneficiaries, healthcare providers, family caregivers, and the general public about this new option, with information provided through multiple channels including Medicare.gov, social media, and notices sent to beneficiaries. The legislation also mandates that the government develop and publicize best practices to protect beneficiaries from fraud related to unauthorized access to their health information, and requires the 1–800–MEDICARE staff to receive training on assisting family caregivers. All materials and services must be made available in non-English languages, and the bill includes no specific funding amount but directs the Secretary of Health and Human Services to implement these requirements within one year of enactment.

New Opportunities for Business Ownership and Self-Sufficiency ActThis bill increases the percentage of individuals who may participate in a Self-Employment Assistance (SEA) program, generally expands eligibility for such programs, and modifies certain SEA program requirements.As background, an SEA program provides an individual with an SEA allowance, rather than regular unemployment compensation benefits, if such individual is (1) eligible for unemployment compensation benefits and identified as likely to exhaust such benefits, (2) participating in self-employment assistance activities which include entrepreneurial training, business counseling, and technical assistance and are approved by the state, and (3) working full-time on establishing a business and becoming self-employed. Under current law, the number of individuals participating in an SEA program may not exceed 5% of the individuals receiving regular unemployment compensation benefits in the state.The billincreases the percentage of individuals who may participate in a state SEA program to 10%,eliminates the requirement that an individual be determined likely to exhaust unemployment compensation benefits (generally expanding individual eligibility for an SEA program), andrequires individuals to certify (at least weekly) that they are working full-time on establishing a business and becoming self-employed.Finally, the bill allows individuals to meet the requirement to participate in state-approved self-employment assistance activities if such activities either (1) include entrepreneurial training, business counseling, and technical assistance (permitted under current law); or (2) are performed pursuant to a state-approved business plan and market feasibility study.

The Infertility Treatment Affordability Act of 2025 creates a new tax credit to help Americans afford infertility treatments. Eligible individuals can claim a credit worth 50 percent of their qualified infertility treatment expenses, with a maximum annual credit of approximately $13,000 (adjusted for inflation after 2025). The credit phases out for higher-income earners and includes up to $5,000 as a refundable credit, meaning some taxpayers can receive money back even if they owe no taxes. The law covers treatments provided by licensed physicians for diagnosed infertility, as well as fertility preservation procedures conducted before medical treatments that may cause infertility, such as chemotherapy. The credit becomes effective for tax years beginning after December 31, 2024, and can be carried forward for up to five years if unused, though taxpayers cannot claim the credit for expenses already covered by insurance or government assistance.

This bill amends Medicare's payment system to speed up patient access to newly approved breakthrough medical devices. Specifically, it allows breakthrough devices that receive FDA approval to qualify for conditional Medicare payment reimbursement even if they miss the standard deadline for the Medicare New Technology Add-On Payment program—as long as they gain FDA approval before July 1 of the fiscal year they apply. The legislation applies to devices already designated by the FDA for expedited review and priority processing. The bill affects Medicare beneficiaries (seniors and some disabled individuals) and medical device manufacturers seeking faster reimbursement for innovations. No new funding is required, as the law specifies implementation must be "budget neutral," meaning Medicare's overall spending limits remain unchanged. The bill applies retroactively to devices approved by the FDA on or after July 1, 2023.

Veterans Border Patrol Training ActThis bill requires the Department of Homeland Security (DHS) to collaborate with the Department of Defense (DOD) and Department of Veterans Affairs to establish a five-year interdepartmental pilot program, under which DHS must use the DOD SkillBridge Program to train and hire transitioning servicemembers as border patrol agents for U.S. Customs and Border Protection.

This bill extends federal tax credits for biodiesel and renewable diesel fuels by two years, pushing the expiration dates from the end of 2024 to the end of 2026. The legislation maintains existing tax incentives for biodiesel producers and blenders who mix biodiesel into conventional fuel, as well as producers of second-generation biofuels made from waste materials. To prevent double-dipping, the bill includes provisions that prohibit companies from claiming both the biodiesel tax credits and a separate clean fuel production credit for the same fuel. The bill takes effect for fuel sold or used after December 31, 2024, and covers both biodiesel used in taxable operations and biodiesel used for other purposes, supporting the renewable fuel industry during a critical period.

The EITC for Older Workers Act of 2025 removes the current age cap that prevents workers 65 and older from claiming the Earned Income Tax Credit (EITC), a tax benefit that supplements income for low- to moderate-earning workers. Currently, the EITC is only available to workers under age 65, but this bill eliminates that upper age limit, making older workers who continue working eligible for the credit regardless of age. The change would take effect for tax years beginning after December 31, 2025, meaning workers would first benefit from it when filing their 2026 tax returns. The legislation affects older Americans who are still in the workforce and earning modest incomes. The bill does not specify new federal funding since the EITC operates through the tax code, though it would increase the cost of the tax credit by expanding eligibility to an additional population.

This is a ceremonial resolution congratulating The Ohio State University Buckeyes football team for winning the 2025 College Football Playoff National Championship on January 20, 2025, with a 34-23 victory over Notre Dame. The resolution honors the team's achievements, including quarterback Will Howard's performance as Offensive MVP and linebacker Cody Simon's Defensive MVP award, while also recognizing several players named as All-Americans and All-Big Ten selections. The bill acknowledges that the team faced an especially challenging path to the championship by playing four top-10 ranked teams and finished the season with 14 wins and 2 losses. No funding is involved in this measure—it is purely a symbolic recognition of the team's accomplishment and directs the House Clerk to prepare an official copy for presentation to Ohio State's university president, athletics director, and head coach Ryan Day.

Religious Workforce Protection ActThis bill allows the Department of Homeland Security (DHS) to extend the nonimmigrant visa status of certain religious workers.Under current law, if specified conditions are met, nonimmigrant religious workers may receive a visa for a period not to exceed five years. The bill allows DHS to grant an extension until the individual’s application for adjustment of status to permanent resident or an immigrant visa has been processed and a decision has been made. To be eligible for the extension, the individual must be (1) the beneficiary of a certain type of immigrant petition, and (2) eligible for such immigrant status absent the application of certain numerical limitations.Such individuals who have pending adjustment of status applications are also granted certain job flexibilities, such as the ability to change employers. Individuals who have previously departed the U.S. due to the expiration of their visa are exempt from the one-year foreign residence requirement to renew their visa.

Comprehensive Alternative Response for Emergencies Act of 2025 or the CARE Act of 2025This bill requires the Center for Medicare and Medicaid Innovation (CMMI) to test a five-year model that provides for Medicare payment for ground ambulance services that do not result in the transport of the patient. Under the model, Medicare payment may be furnished for ground ambulance services when an ambulance is dispatched in response to an emergency medical call but the ambulance does not end up transporting the patient. Payment rates under the model must generally align with the payment rates that apply when there is an actual transport. The Government Accountability Office must report on the general access of Medicare beneficiaries to emergency medical services, including the impact of the model on beneficiary access and outcomes.

The Revitalizing Downtowns and Main Streets Act creates a new federal tax credit to encourage the conversion of old commercial buildings into affordable housing. Building owners who convert vacant or underused non-residential properties that are at least 20 years old into housing where at least 20 percent of units are reserved for people earning 80 percent or less of the area median income can claim a credit worth 20 percent of their conversion costs. The legislation sets aside $12 billion nationally for these credits, with an additional $3 billion reserved specifically for projects in economically distressed areas, and allows states to allocate credits through their housing agencies based on community needs and development readiness. The credit applies to conversion projects completed after the bill's enactment and includes special incentives—up to 30 percent or 35 percent credits—for projects in high-poverty areas, rural historic preservation areas, or areas with lower income requirements, making it particularly attractive for revitalizing downtown districts and main street corridors.

This bill amends the Temporary Assistance for Needy Families (TANF) program to establish strict timelines for how states must use federal funds and creates a "rainy day fund" option for states. Specifically, states would be required to obligate TANF funds within one year of receiving them and spend them within two years, with exceptions allowing states to set aside up to 15 percent of annual funding for future use—though total reserves cannot exceed 50 percent of the previous year's funding. States that want to reserve funds would need to notify the federal government of their intention to do so. The bill aims to increase transparency and ensure funds reach families more quickly while giving states some flexibility to build savings for economic downturns. The new requirements would take effect on October 1, 2026, affecting all state TANF programs nationwide.