Responsible Legislating Act

This bill, called the Responsible Legislating Act, makes changes that touch everyday life: helping people save more for retirement, increasing safety around schools, checking foreign roles in ports and chip-making, supporting farming, adjusting credit union rules, continuing NASA leases, and adding funding for key federal agencies. It also calls for a public hearing within one year to review how it’s working.

• Retirement savings: Raises how much people can put into a Roth IRA and allows some contributions to SIMPLE or SEP plans to be included (limits apply).
• School safety: Adds up to 5 years to prison time for certain human trafficking or forced-sex crimes that happen in or near schools.
• Chips and ports: Commerce must report on efforts to bring foreign investment to U.S. chip manufacturing, and the Federal Maritime Commission must study how foreign-owned terminals at the 15 largest container ports affect U.S. economic security.
• Farming: Extends livestock market price reporting through fiscal year 2025.
• Credit unions: Lets credit unions with satisfactory safety ratings hold board meetings less often.
• NASA: Allows NASA to keep leasing out some facilities and property through 2033.
• Funding: Provides additional money for the Departments of Health and Human Services, Agriculture, State, Defense, Homeland Security, and Energy.
• Oversight: Requires hearings within one year of the law taking effect to review how it’s being carried out.