Track bills, resolutions, and amendments moving through Congress
HONOR Act
The bill stops U.S. tax credits for Russian taxes to keep revenue domestic and align tax policy with sanctions, but it raises U.S. tax bills for firms with Russian activity and creates treaty and compliance frictions.
Law-Enforcement Innovate to De-Escalate Act
The bill makes certain less‑than‑lethal projectile devices cheaper and administratively easier to make, buy, and use (expanding nonlethal options and easing burden on makers) in exchange for greater availability that raises risks to public safety, enforcement complexity, and federal excise revenue.
Ending Improper Payments to Deceased People Act
The bill strengthens program integrity and reduces improper federal payments by sharing death records (saving taxpayers money and stopping duplicate payments) but raises privacy risks, risks of wrongful payment interruptions, ongoing state costs, and possible delays that may blunt some fraud-prevention gains.
Bankruptcy Administration Improvement Act of 2025
The bill secures more predictable, fee-funded support and longer-term stability for bankruptcy courts and trustees—improving operations and trustee pay—at the cost of shifting how filing fees are allocated, raising the risk of higher costs for filers, reduced flexibility in funding as caseloads change, and added administrative and legal complexity.
504 Program Risk Oversight Act
The bill increases public transparency and risk oversight of the SBA 504 program—helping accountability and potentially stabilizing lending—while raising privacy/reputational risks for some firms, adding administrative costs, and possibly prompting tighter credit for certain small businesses.
VA Budget Shortfall Accountability Act
The bill strengthens VA budget oversight and transparency to reduce funding surprises and protect veteran services, but it imposes new administrative burdens and could trigger near-term costs or temporary public concern before fixes take effect.
Financial Services and General Government and National Security, Department of State, and Related Programs Appropriations Act, 2026
The bill increases transparency and funds a wide array of national-security, foreign‑aid, and global‑health programs while imposing large mandated spending floors and many procedural limits that raise taxpayer costs, add administrative burdens, and reduce agency and diplomatic flexibility.
Disaster Related Extension of Deadlines Act
The bill gives taxpayers in presidentially declared disaster areas clearer and extended tax-deadline relief and reduces related penalties and disputes, at the cost of modest administrative burdens for the IRS and potential delays or confusion that could slow processing for other taxpayers.
Lower Health Care Premiums for All Americans Act
The bill increases PBM and drug‑price transparency and expands options for small employers, potentially lowering drug costs and broadening benefits access, but it also imposes sizable compliance and privacy burdens, risks market disruptions and reduced state consumer protections, and contains policy constraints (including on abortion coverage) that may narrow options for vulnerable enrollees.
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
The bill lowers barriers and recurring frictions to capital formation and investment access for issuers and some investors, but it does so by loosening disclosure, oversight, and investor‑protection guardrails—shifting greater risk onto retail investors and potentially increasing systemic exposure.
Tax Court Improvement Act
The bill strengthens Tax Court procedures and fairness—improving evidence-gathering, expedited handling, and recusal clarity—while expanding administrative authority and tolling protections that may increase costs, oversight challenges, and procedural variability for taxpayers and third parties.
Fair and Accountable IRS Reviews Act
The bill increases taxpayer protection and accountability by requiring supervisor sign-off on proposed IRS penalties, but does so at the cost of slower enforcement, added supervisory burden, and a risk of inconsistent application.
Improving Social Security’s Service to Victims of Identity Theft Act
The bill centralizes and streamlines SSA identity-and-benefit case handling to speed fixes for vulnerable beneficiaries and improve accountability, but it raises privacy/data-concentration risks, could fail to eliminate delays if implemented poorly, and will impose additional administrative costs.
SBA IT Modernization Reporting Act
The bill strengthens SBA IT risk management, budgeting, and cybersecurity and increases transparency, but imposes short-term administrative burdens, potential higher procurement costs, and possible reduced vendor competition during implementation.
Improving Capital Allocation for Newcomers Act of 2025
The bill expands and clarifies private‑fund exemptions to increase capital access and regulatory certainty for funds and startups, but it does so while reducing oversight and transparency for some investors, delaying evidence-based reforms, and creating privacy and future‑proofing risks.
Systemic Risk Authority Transparency Act
The bill boosts speedier GAO and congressional oversight and transparency around systemic-risk designations and bank supervision while trading off greater exposure of confidential supervisory materials, potential diversion of agency resources during crises, concentrated access to sensitive materials, and higher legal risks.
Mikaela Naylon Give Kids a Chance Act
This bill increases regulatory clarity, pediatric and transplant-focused initiatives, and transparency that can improve access and oversight, but it does so while raising federal costs, imposing new administrative burdens, and introducing risks that could delay pediatric data, weaken enforcement incentives, and shift incentives for drug developers.
Internal Revenue Service Math and Taxpayer Help Act
The bill makes tax-error notices clearer and easier to respond to and increases delivery certainty and congressional oversight, but it requires new IRS processes that raise costs, risk operational strain from short deadlines, and could inadvertently heighten taxpayer scrutiny or confusion.
Digital Asset Market Clarity Act of 2025
The bill centralizes and clarifies federal oversight—providing stronger custody, disclosure, and AML safeguards and a statutory pathway for some token classifications—while imposing substantial compliance burdens, preempting state rules, creating transitional uncertainty, and leaving protection gaps for non‑brokered crypto users that could harm small firms, some investors, and market liquidity.
Bankruptcy Administration Improvement Act of 2025
The bill trades higher, more predictable funding for trustees and clearer federal fee allocations (which can improve bankruptcy administration and retain judicial experience) against higher costs shifted to filers, reduced local court funding flexibility, and some legal and accountability risks.
Filing Relief for Natural Disasters Act
This bill broadens and speeds access to automatic, 120-day federal tax-filing/payment extensions for states, D.C., and U.S. territories after local emergency declarations—giving disaster-affected taxpayers more time and faster relief—while creating risks of delayed refunds, short-term federal revenue pressure, and added administrative complexity and uneven application.
Small Entity Update Act
The bill reduces compliance burdens for many small broker-dealers and advisers and locks in periodic inflation updates and public review, but does so at the potential cost of weaker investor disclosures/protections, added short-term administrative costs, and some regulatory uncertainty.
GENIUS Act
The bill sharply increases consumer safety, AML/sanctions capabilities, and regulatory clarity for payment stablecoins but does so by concentrating issuance among regulated banking entities, imposing heavy compliance and surveillance regimes, and restricting many non‑bank and foreign options—trading broader access and innovation for stronger oversight and stability.
To provide for reconciliation pursuant to title II of H. Con. Res. 14.
This package delivers sizable tax relief, defense/industrial and targeted domestic investments while tightening immigration and benefit rules and expanding fossil fuel development — producing near‑term financial and program gains for many Americans at the cost of higher federal spending, greater compliance burdens, and increased risks to climate, coverage, and immigrant access.
No Tax on Tips Act
The bill lowers taxes for tipped workers and gives payroll‑tax relief to beauty‑sector employers—boosting take‑home pay and hiring—but does so at the cost of reduced federal revenue and added compliance, fairness, and benefit‑accrual risks.
Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.
The resolution creates a detailed, multi-year fiscal and procedural roadmap aimed at achieving large deficit reductions and stronger defense funding, at the cost of concentrating procedural power in budget chairs and significant risk of cuts to mandatory social programs, constrained flexibility, and weaker regulatory safeguards.
National Taxpayer Advocate Enhancement Act of 2025
The bill strengthens the Office of the Taxpayer Advocate's legal independence and removes uncertainty about prior authority, at the cost of modest additional IRS administrative expense and some reduction in local staffing flexibility.
Recovery of Stolen Checks Act
The bill speeds and secures replacement tax refunds and reduces ongoing administrative burden by shifting to electronic direct deposit, but it may disadvantage unbanked taxpayers, raise fraud/misdirection risks if safeguards are weak, and requires short-term IRS implementation costs.
Electronic Filing and Payment Fairness Act
Full-Year Continuing Appropriations and Extensions Act, 2025
The bill prevents service interruptions and funds critical health, housing, defense, and disaster needs in the near term, but does so by committing large advance and emergency appropriations that increase near‑term federal outlays, limit some congressional flexibility and oversight, and create short‑term funding and transparency trade‑offs.
