Small Business Disaster Damage Fairness Act of 2025This bill increases from $14,000 to $50,000 the threshold loan amount over which the Small Business Administration (SBA) may require collateral for a disaster loan.The Government Accountability Office must report on the performance, including the default rate, of such loans.Additionally, the SBA must (1) distinguish between rural and urban communities in the outreach and marketing for disaster loans, and (2) incorporate actions to mitigate challenges encountered by rural communities in accessing such loans.

Stop Government Rewards Enriching Executives in the District Act of 2025 or the Stop GREED Act of 2025This bill prohibits the Department of Veterans Affairs (VA) from providing certain senior level employees with a critical skill incentive, which is generally a payment bonus for employees possessing a high-demand skill or skill that is at a shortage. Specifically, the VA may not provide such an incentive to an employee in a Senior Executive Service position or other comparable position at the central office of the VA (e.g., the Veterans Health Administration), regardless of the actual location where the employee performs the functions of the position.The bill also provides that an incentive may be provided to senior-level employees on an individual basis and upon approval by specified officers (e.g., the Under Secretary for Health). Additionally, senior-level employees whose positions are primarily at the central office of the VA but perform some portion of the job function at other VA facilities are exempt from the prohibition.The VA must report to Congress annually regarding senior-level employees who were provided a critical skill incentive.

Access to Counsel Act of 2025This bill provides various protections for covered individuals subject to secondary or deferred inspections when seeking admission into the United States. Covered individuals include U.S. nationals, lawful permanent residents, non-U.S. nationals (aliens under federal law) in possession of a visa, returning asylees, and refugees.The Department of Homeland Security must ensure that a covered individual subject to secondary or deferred inspection has a meaningful opportunity to consult with counsel and certain related parties, such as a relative, within an hour of the start of the secondary inspection and as necessary during the inspection process. The counsel and related party must be allowed to advocate on behalf of the covered individual, including by providing evidence and information to the examining immigration officer.A lawful permanent resident subject to secondary or deferred inspection may not abandon lawful permanent resident status until the individual has had a meaningful opportunity to seek advice from counsel, unless the individual voluntarily and knowingly waives in writing this opportunity to seek counsel's advice.

Setting Consumer Standards for Lithium-Ion Batteries ActThis bill requires the Consumer Product Safety Commission to issue a final consumer product safety rule for rechargeable lithium-ion batteries used in micromobility devices, such as electric bikes and electric scooters.Specifically, the rule must require manufacturers and distributors of such products to comply with the applicable safety standards jointly established by the American National Standards Institute, the Standards Council of Canada, and UL Solutions Inc.

National Origin-Based Antidiscrimination for Nonimmigrants Act or the NO BAN ActThis bill imposes limitations on the President's authority to suspend or restrict aliens from entering the United States. It also prohibits religious discrimination in various immigration-related decisions, such as whether to issue an immigrant or nonimmigrant visa, unless there is a statutory basis for such discrimination.The President may temporarily restrict the entry of any aliens or class of aliens after the Department of State determines that the restriction would address specific and credible facts that threaten U.S. interests such as public safety.The bill also imposes limitations on such restrictions, such as requiring the President, State Department, and the Department of Homeland Security (DHS) to (1) only issue a restriction when required to address a compelling government interest, and (2) narrowly tailor the suspension to use the least restrictive means to achieve such an interest.Before imposing a restriction, the State Department and DHS shall consult with Congress. The State Department and DHS shall report to Congress about the restriction within 48 hours of the restriction's imposition. If such a report is not made, the restriction shall immediately terminate.Individuals or entities present in the United States and unlawfully harmed by such a restriction may sue in federal court.The bill transfers the authority to suspend the entry of aliens traveling to the United States on a commercial airline that failed to comply with regulations related to detecting fraudulent travel documents from the Department of Justice to DHS. 

A bill to amend the Endangered Species Act of 1973 to provide exemptions from the consultation requirements required under that Act for agency actions that fulfill critical human water needs, and for other purposes.

Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 or the GENIUS Act of 2025 This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must redeem for a fixed monetary value).Under the bill, only permitted issuers may issue a payment stablecoin in the United States. Permitted issuers must be a subsidiary of an insured depository institution, a federal-qualified nonbank payment stablecoin issuer, or a state-qualified payment stablecoin issuer. Permitted issuers must be regulated by the appropriate federal or state regulator. Permitted issuers may choose federal or state regulation; however, state regulation is limited to those with a stablecoin issuance of $10 billion or less.Permitted issuers must maintain reserves backing the stablecoin on a one-to-one basis using U.S. currency or other similarly liquid assets, as specified. Permitted issuers must also publicly disclose their redemption policy and publish monthly the details of their reserves.The bill sets forth requirements for (1) reusing reserves; (2) providing safekeeping services for stablecoins; and (3) supervisory, examination, and enforcement authority.In a bankruptcy insolvency proceeding involving a payment stablecoin issuer, stablecoin holders have priority over all other claims. Under the bill, permitted payment stablecoins are not considered securities under securities law. However, permitted issuers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.The Federal Reserve must create and implement agreements with other jurisdictions that similarly regulate stablecoins for the purpose of facilitating international transactions and interoperability with U.S. dollar-denominated stablecoins issued overseas.

Securing Timely Opportunities for Payment and Maximizing Awards for Detaining Unlawful Regime Officials Act of 2025 or the STOP MADURO ActThis bill authorizes the Department of State to pay a reward of up to $100 million for certain information directly leading to the arrest and conviction of Nicolas Maduro Moros.For example, under the bill, the State Department may pay such a reward to one or more individuals who furnish information directly leading to Maduro's arrest and conviction in any country for specified narcotics-related offenses.The bill also requires that any such payment come solely from the liquidation of assets that the U.S. President or the Department of the Treasury's Office of Foreign Assets Control has withheld pursuant to specified laws and executive orders from Maduro, officials of the Maduro regime, and their co-conspirators.

Barcode Automation for Revenue Collection to Organize Disbursement and Enhance Efficiency Act or the BARCODE Efficiency ActThis bill requires the Internal Revenue Service (IRS) to use barcodes, barcode scanning technology, and optical character recognition (or similar) technology to digitize certain federal tax return information and correspondence, unless the technology is slower or less reliable than other IRS processes (subject to conditions). Specifically, the bill requires a scannable barcode on electronically-prepared federal tax returns that are printed and filed in paper format with the IRS. The bill also requires the IRS to use barcode scanning technology to convert data included on such returns into an electronic format.Further, the bill requires the IRS to use optical character recognition (or similar) technology to transcribe federal tax returns and correspondence received by the IRS that are not prepared electronically and are received in paper format.However, under the bill, the use of barcodes, barcode scanning technology, and optical character recognition (or similar) technology is not required if (1) such technology is slower or less reliable than manual transcription or any other IRS process, and (2) the IRS provides a report to Congress regarding the determination to not use such technology.

This bill requires the Joint Committee on the Library to contract for and place a statue of Benjamin Franklin in the Capitol.The committee shall place the statue in a permanent public location where it is accessible during a guided tour provided by the Capitol Visitor Center.The contract must be executed by December 31, 2025, and the statue must be placed by December 31, 2026. 

Decoupling from Foreign Adversarial Battery Dependence ActThis bill prohibits the Department of Homeland Security (DHS) from using appropriated funds to procure a battery produced by certain entities, particularly six specific companies owned and operated in China. This prohibition begins on October 1, 2027.The bill allows DHS to waive the prohibition if DHS assesses in the affirmative that (1) the batteries to be procured do not pose a risk to U.S. national security, data, or infrastructure; and (2) there is no available alternative to procure batteries that are of similar or better cost and quality and that are produced by an entity not specified in this bill.DHS may also waive the prohibition upon a determination that the batteries to be procured are for the sole purpose of research, evaluation, training, testing, or analysis.The bill requires DHS to notify Congress within 15 days after granting a waiver under this bill.The bill also requires DHS to report to Congress on the anticipated impacts associated with carrying out this bill, including with respect to specified agencies of DHS.

Restoring State Mineral Revenues ActThis bill increases payments states receive for specified revenue generated from oil, gas, geothermal steam, coal, and certain other natural resources on onshore federal land. Specifically, the bill eliminates the 2% administrative fee that the Bureau of Land Management currently deducts from a state's payment for such natural resources developed within the state.

Carried Interest Fairness Act of 2025This bill taxes income from carried interest at ordinary income tax rates and makes other changes related to carried interest. (Some exceptions apply.)As background, a general partner in a private equity firm or hedge fund (typically structured as a partnership) generally receives a share of the profits from the assets managed by the general partner (known as carried interest). Under current law, carried interest is characterized (for federal tax purposes) as an interest in a partnership’s capital and, thus, taxed at capital gains tax rates (which may be lower than the applicable ordinary income tax rates). Under the bill, net capital gain and loss attributable to carried interest is recharacterized as ordinary income and loss and, thus, taxed at ordinary income tax rates. (Some exceptions apply.)The bill also treats as ordinary the money (or fair market value of property) received by a partner in a sale or exchange of carried interest. (Thus, the bill extends what is known as the hot asset rule to include carried interest.)Further, the bill deems distributions of carried interest by a partnership in exchange for interest in other partnership property a sale or exchange of such property and, thus, requires the partner to recognize ordinary gain on the distributed carried interest.Finally, the bill imposes self-employment taxes on carried interest income.

Advancing Innovation and Maintenance through Headquarters for Instruction, Growth, and High-tech training Act or the AIM HIGH ActThis bill requires the Department of the Air Force to operate a Technical Training Center of Excellence. Among other duties, the center must (1) facilitate collaboration among all Air Force technical training installations; and (2) identify and promulgate best practices, standards, and benchmarks. 

This bill prohibits the Big Cypress National Preserve in Florida from being designated as wilderness or as a component of the National Wilderness Preservation System. The National Park Service currently manages Big Cypress National Preserve, which is a freshwater swamp ecosystem of 729,000 acres. In general, development activities, commercial activities, permanent structures, and roads are prohibited in wilderness areas. In contrast, natural preserves typically allow some development activities, such as hunting or oil and gas exploration.