Barry Loudermilk

America 250 Commemorative Flag Act.

The legislation would authorize the creation and sale of a special commemorative flag to mark the 250th anniversary of American independence in 2026. Proceeds from selling these flags would go toward funding patriotic events and educational programs celebrating this milestone. The measure would allow Americans to purchase an official flag design while supporting community commemoration activities.

Financial Reporting Threshold Modernization Act

Financial Reporting Threshold Modernization Act This bill increases the threshold amounts for certain reporting by financial institutions, adjusts these amounts periodically for inflation, and requires a review of specified financial forms and reporting requirements. The bill increases the threshold dollar amounts above which financial institutions are required to file currency-transaction and suspicious-activity reports with the Financial Crimes Enforcement Network (FinCEN). The bill also increases the transaction threshold above which an entity must register with FinCEN as a money services business. Further, these amounts must be updated every five years to reflect the change in the consumer price index. Treasury must review and report on the effectiveness and efficiency of the forms and requirements regarding domestic coin and currency transactions, foreign currency transactions, and anti-money laundering and combating the financing of terrorism measures, among other matters. Treasury must also make appropriate updates to such forms. The bill also extends through 2031 the requirement that the director of FinCEN must be made annually available for testimony before congressional committees regarding certain FinCEN issues, including resources needed to implement beneficial ownership reporting requirements.

New BANK Act of 2025

The New BANK Act would make changes to banking regulations and financial sector rules, though the specific details aren't clear from the title alone. Based on its placement in the legislative process, the bill likely aims to modify how banks operate, what they're required to do, or how they're supervised by federal agencies. The changes would affect banks, their customers, and potentially borrowers and investors who rely on the financial system.

Respect State Housing Laws Act

Respect State Housing Laws Act This bill eliminates a provision that requires a 30-day notice period before a landlord may begin eviction proceedings against a tenant in federally assisted or federally backed housing.

American FIRST Act of 2025

The bill aims to strengthen financial regulations and oversight of the banking and financial sector, likely focusing on consumer protections, lending practices, or market stability. While the specific provisions aren't detailed in the available information, the legislation would affect banks, financial institutions, and potentially consumers who use financial services. The bill is currently awaiting consideration by the full House of Representatives.

FCRA Liability Harmonization Act

This bill would change the rules for how credit reporting companies can be sued when they make mistakes on credit reports or violate consumer protection laws. It likely aims to create more consistent legal standards across different states and courts for holding credit bureaus accountable, which could affect both consumers trying to fix errors on their credit records and the companies that maintain those records.

Catastrophic Specialty Hospital Act of 2025

This bill would establish a new category of specialty hospitals designed to treat patients with severe, complex medical conditions that require intensive care. The legislation likely aims to create Medicare payment rules and operational standards for these hospitals so they can serve critically ill patients while managing costs for the healthcare system. The bill would affect hospitals specializing in catastrophic care, Medicare beneficiaries needing intensive treatment, and potentially insurance companies and healthcare providers involved in treating the most medically complex cases.

Portal for Appraisal Licensing Act of 2025

The legislation would create a centralized online system where people can apply for and manage appraisal licenses across different states, streamlining a process that currently requires navigating separate state requirements. This would make it easier for appraisers—professionals who evaluate property values for banks and homebuyers—to get licensed and work in multiple states without duplicating paperwork and fees. The change could speed up home loan approvals and reduce costs for both appraisers and the financial institutions that hire them.

TAILOR Act of 2025

Taking Account of Institutions with Low Operation Risk Act of 2025 or the TAILOR Act of 2025 This bill addresses the supervision of financial institutions. Federal financial regulatory agencies must (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's tailoring requirement applies to future regulatory actions and to regulations adopted within the last 15 years. The bill also reduces certain reporting requirements for community banks eligible for a simplified capital leverage ratio. Finally, federal banking agencies must report on the modernization of bank supervision, including examiner workforce and training and statutory changes necessary to achieve more effective supervision.

To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.

This bill requires certain institutional investment managers that use proxy advisory firms to disclose information related to voting on shareholder proposals. (Proxy advisory firms provide voting services and advice to institutional investors in public companies for proposals presented at shareholder meetings.) Generally, institutional investment managers must report annually (1) how the manager voted on each shareholder proposal, (2) the percentage of votes cast in accordance with proxy advisory firm recommendations, and (3) explanations such as how votes are reconciled with fiduciary duties. Managers must also certify that votes were based solely on the best economic interest of the shareholders. In addition, large institutional investment managers must (1) inform customers that shareholders are not required to vote on every proposal; (2) on certain votes, determine through an economic analysis the vote that is in the best economic interest of shareholders; and (3) report any such analysis annually.

Ensuring U.S. Authority over U.S. Banking Regulations Act

Ensuring U.S. Authority over U.S. Banking Regulations Act This bill requires specified federal banking regulators to make disclosures (1) when issuing major rules to conform with recommendations from non-governmental international organizations, and (2) when engaging with certain non-governmental international organizations about climate-related topics. Specifically, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Federal Housing Finance Agency must submit to Congress notice, testimony, and a detailed economic analysis with respect to a major covered rule prior to its issuance. A major covered rul e under the bill is a rule (1) that has an effect on the U.S. economy of at least $10 billion over a 10-year-period, and (2) that is intended to align or conform with a recommendation from a non-governmental international organization (including the Financial Stability Board and the Basel Committee on Banking Supervision). Further, in order to engage with certain international organizations about climate-related financial risks, these regulators must report annually on (1) the international organization’s activities that the regulator participates in, such as a task force or committee; and (2) the organization's governmental and non-governmental funding sources.