Todd Young

A bill to amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.

The proposal would let people deduct the interest they pay on loans for certain vehicles from their federal income taxes, similar to how homeowners can deduct mortgage interest. This would reduce the taxable income for vehicle owners who qualify, potentially lowering their tax bills. The specific types of vehicles eligible for this deduction would be determined by the details of the legislation.

A bill to amend the Internal Revenue Code of 1986 to repeal the excise tax on heavy trucks and trailers, and for other purposes.

The proposal would eliminate a federal tax that truck manufacturers currently pay on heavy trucks and trailers, which could potentially lower costs for trucking companies and businesses that rely on commercial vehicles. The change would affect the trucking industry, manufacturers of large vehicles, and potentially consumers who buy goods transported by truck, though the exact impact on prices and competition remains uncertain. The bill is currently under review by the Senate Finance Committee.

A bill to prohibit the provision of Federal funds to State and local governments and school districts for payment of obligations, to prohibit the Federal Reserve banks, the Department of the Treasury, and other Federal agencies from financially assisting State and local governments and school districts that have defaulted on their obligations, and for other purposes.

The bill would prevent the federal government from giving money to states, cities, and school districts that fail to pay their debts, and would block the Federal Reserve and Treasury Department from providing financial assistance to these governments if they default on their obligations. This would affect state and local governments, school districts, and potentially the services they provide to residents if they face financial crises. The measure aims to enforce financial responsibility by cutting off federal aid to governments that don't meet their payment obligations.

Protecting Charitable Giving Act

The bill would change the penalties that apply when tax return information about donors to certain tax-exempt organizations is improperly disclosed. Currently, there are strict penalties for revealing this donor information, and this legislation would modify how those penalties work. The changes would affect tax-exempt organizations, the IRS, and potentially donors who want their giving information kept private.

WAGES Act of 2026

Employers who invest in apprenticeship programs would receive a tax credit to offset some of the wages and costs they pay for training workers on the job. This would reduce the payroll taxes that companies owe to the federal government, making it cheaper for businesses to hire and train apprentices in skilled trades. The goal is to encourage more employers to create apprenticeships and help workers gain practical job skills while earning money.

CREATE AI Act

The federal government would create a shared computing resource that researchers across universities, companies, and nonprofits could access to develop and test artificial intelligence technology. This would give scientists and engineers who lack expensive equipment the tools they need to conduct AI research, potentially speeding up innovation in areas like medicine, climate science, and other fields. The resource would be managed by the National Science Foundation and other federal agencies to ensure fair access for researchers nationwide.

A resolution recognizing April 14, 2026, as "World Quantum Day", and commemorating and supporting the goals of World Quantum Day.

Congress is officially recognizing April 14, 2026, as "World Quantum Day" to raise awareness about quantum science and technology, which involves the behavior of matter and energy at the smallest scales and has potential applications in computing, medicine, and other fields. The resolution supports the goals of this international observance, which aims to educate the public and encourage interest in quantum research and development. This is a symbolic measure with no direct impact on laws or funding, but it signals congressional support for quantum science as an important area of study and innovation.

A resolution supporting the goals and ideals of National Safe Digging Month.

This resolution expresses support for National Safe Digging Month and encourages all homeowners and excavators to call 811 to find the location of underground utility lines before digging.

National Quantum Initiative Reauthorization Act of 2026

This bill would extend and update the federal government's quantum computing research program, which funds scientists and companies working to develop powerful new computers that could revolutionize fields like medicine, cybersecurity, and artificial intelligence. The legislation would likely allocate money to universities, national laboratories, and private companies to continue building quantum technology and training the next generation of quantum scientists. It affects researchers, tech companies, and anyone who might benefit from advances in computing power and security.

Global Investment in American Jobs Act of 2025

This bill aims to encourage foreign companies to invest in and create jobs within the United States by potentially offering tax incentives or regulatory benefits to international businesses that establish operations or expand their workforce here. The legislation would affect multinational corporations, American workers seeking employment, and federal tax revenue, while the government would need to administer any new investment programs or tax provisions created by the law.

National Biotechnology Initiative Act of 2025

This bill would establish a coordinated national program to advance biotechnology research and development in the United States, likely including funding, regulatory support, and coordination between government agencies, universities, and private companies. The initiative would aim to keep America competitive in biotechnology fields like genetic medicine, synthetic biology, and biomanufacturing, potentially creating jobs and improving medical treatments for patients. The bill is currently being reviewed by the Senate health committee, which has already held hearings on the proposal.

Future of Artificial Intelligence Innovation Act of 2026

This bill would establish a framework for how the federal government supports and regulates artificial intelligence development in the United States, likely aiming to keep American companies competitive while addressing safety and ethical concerns. It probably affects tech companies, researchers, and potentially workers in industries that use AI systems. The bill is still in early stages and hasn't yet been debated or voted on by Congress.

A resolution honoring the life and legacy of Coach Louis Leo "Lou" Holtz.

This resolution honors the life and accomplishments of legendary football coach Lou Holtz, recognizing his significant contributions to college sports and his impact on players and communities throughout his career. The resolution was approved by the Senate without any changes, serving as an official statement of respect for Holtz's legacy in athletics and coaching.

Diabetes Foot Health Access and Modernization Act of 2026

This bill would expand Medicare coverage for foot care services for people with diabetes, allowing more patients to access preventive foot exams and treatments from podiatrists and other foot care specialists without having to pay out of pocket. The change aims to help diabetic patients catch foot problems early, which can prevent serious complications like infections and amputations that are costly to treat. The bill is currently being reviewed by the Senate Finance Committee.

AI-Ready Bio-Data Standards Act

This bill would establish common standards for how biological and health data is formatted and shared so that artificial intelligence systems can more easily access and analyze it. The standards would help researchers, hospitals, and tech companies work with genetic, medical, and other biological information in a consistent way, potentially speeding up medical discoveries and improving AI applications in healthcare. The measure affects healthcare providers, technology companies, researchers, and patients whose data would be used in these AI systems.

America’s Living Library Act

This bill would establish protections and management standards for certain public lands to preserve them as natural and cultural resources for future generations. The legislation likely aims to designate specific areas as protected zones while allowing limited public access for recreation, education, and scientific study. It would affect federal land management agencies, outdoor enthusiasts, and communities near public lands.

IRA Charitable Rollover Facilitation and Enhancement Act of 2026

This bill would make it easier for people over 70½ to donate money directly from their retirement accounts (IRAs) to charities without having to pay taxes on those donations. Currently, these charitable donations have strict limits and complicated rules, so the bill aims to expand how much people can give and simplify the process. This would benefit both older Americans who want to support causes they care about and charities that receive donations.

A resolution expressing support for the designation of February 21 through February 28, 2026, as "National FFA Week", recognizing the important role of the National FFA Organization in developing the next generation of globally conscious leaders who will change the world, and celebrating the 50th anniversary of the chartering of the State of Alaska as a State FFA Association.

This resolution supports the designation of February 21-28, 2026, as National FFA (Future Farmers of America) Week. It also celebrates the 50th anniversary of the chartering of Alaska as a State FFA Association of the National FFA Organization.

SAFER Transport Act

The SAFER Transport Act aims to improve transportation safety by establishing or strengthening safety standards and regulations for vehicles and transportation systems. The bill likely affects drivers, passengers, and transportation companies by requiring compliance with new safety measures, though the specific requirements would depend on the bill's detailed provisions. This legislation has been sent to the Senate Commerce Committee for review and consideration.

After Hours Child Care Act

This bill would help families access child care during evenings, nights, and weekends when most traditional day care centers are closed, making it easier for parents who work non-standard hours to find affordable supervision for their children. The legislation likely includes funding or tax incentives to encourage child care providers to offer extended hours and support working parents who struggle to balance jobs with child care responsibilities.

AI for Mainstreet Act

This bill would help small businesses and entrepreneurs use artificial intelligence tools by providing funding, training, and technical support to make AI more accessible and affordable for Main Street companies. It aims to ensure that smaller businesses aren't left behind as AI technology becomes more common in commerce, giving them resources to compete with larger corporations that have more money to invest in these tools.

Calumet National Heritage Area Act

This bill would establish a new National Heritage Area in the Calumet region, likely spanning parts of Indiana and Illinois, to preserve and promote the area's historical, cultural, and natural significance. The designation would allow federal funding and coordination to support local conservation efforts, tourism, and community development while giving the region official recognition for its heritage value. Residents, local governments, and businesses in the Calumet area would benefit from increased resources and attention to preserving the region's industrial and environmental history.

Enhanced COVID-19 Transparency Act of 2025

This bill would require the federal government to provide more detailed public information about the origins and spread of COVID-19, particularly focusing on any national security implications or classified information that could be safely disclosed. The measure aims to increase transparency around how the pandemic began and spread, which could affect public understanding of the government's pandemic response and military or intelligence operations related to COVID-19. It's currently being reviewed by the Senate's intelligence committee to determine what information can be released without compromising national security.

A bill to require the Director of National Intelligence to develop a strategy on intelligence coordination and sharing relating to critical and emerging technologies.

The federal government's intelligence agencies would be required to create a coordinated plan for sharing information about advanced technologies that could affect national security, such as artificial intelligence, quantum computing, and biotechnology. This strategy would help different intelligence agencies work together more effectively rather than operating in separate silos, ensuring that critical technology threats are identified and communicated across the government. The plan would ultimately help policymakers and military leaders make better-informed decisions about emerging technological risks.

Motorsports Fairness and Permanency Act of 2025

This bill would make permanent certain tax breaks for the motorsports industry, likely including deductions or credits related to racing events, vehicle modifications, or facility improvements that currently expire or are set to expire. The changes would primarily benefit motorsports businesses, event organizers, and companies involved in racing operations by giving them more stable, long-term tax treatment. The bill is currently under review by the Senate Finance Committee.

Artificial Intelligence Public Awareness and Education Campaign Act

The government would launch a public education campaign to help Americans understand what artificial intelligence is, how it works, and how it affects their daily lives. The campaign would use various media and outreach methods to inform workers, consumers, and students about both the benefits and potential risks of AI technology. This aims to increase public knowledge about AI before it becomes even more widespread in workplaces, healthcare, and other areas of society.

A resolution recognizing April 14, 2025, as "World Quantum Day", and commemorating and supporting the goals of World Quantum Day.

This resolution recognizes April 14, 2025, as World Quantum Day and encourages schools and educators to observe the day with activities that teach students about quantum physics.

A resolution supporting the goals and ideals of National Safe Digging Month.

This resolution expresses support for National Safe Digging Month and encourages all homeowners and excavators to call 811 to find the location of underground utility lines before digging.

Assisting Small Businesses Not Fraudsters Act

This bill would help small businesses access federal loans and support programs by making it harder for fraudsters to steal these resources through false applications. The measure likely tightens verification requirements and penalties for people who commit fraud when applying for small business assistance, protecting legitimate entrepreneurs and taxpayers from losing funding to scams.

Leveling the Playing Field 2.0 Act

Leveling the Playing Field 2.0 Act This bill addresses unfair trade practices by making various changes to U.S. antidumping and countervailing duty laws. Antidumping laws provide relief to U.S industries and workers that are materially injured or threatened with injury due to imports of like products sold in the U.S. market at less than fair value, while countervailing duty laws provide such relief from imports of products subsidized by a foreign government or public entity. Specifically, the bill establishes a process for successive antidumping and countervailing duty investigations. Successive investigations may be concurrent (an ongoing investigation of the same product) or recently completed (not more than two years before the date of the initiation of the successive investigation). Further, the bill establishes a timeline for the Department of Commerce to issue determinations in successive investigations. Among other provisions, the bill authorizes Commerce to apply countervailing duty law to subsidies provided by a foreign government or public entity to a company operating in a different country, use another method for calculating the cost of production in specific circumstances, and require importers to certify that the imported merchandise is not subject to an antidumping or countervailing duty order. Additionally, the bill statutorily establishes procedures for Commerce to conduct circumvention inquiries, including by specifying the deadlines for preliminary and final determinations. The bill also provides statutory authority for Commerce to investigate currency undervaluation as a countervailable subsidy.

STRATEGIC Minerals Act

Securing Trade and Resources for Advanced Technology, Economic Growth, and International Commerce in Minerals Act or STRATEGIC Minerals Act This bill authorizes actions to facilitate trade and increase U.S. access to critical minerals and rare earth elements (REEs). Under the bill, critical minerals are any mineral, element, substance, or material designated as critical by the U.S. Geological Survey (e.g., aluminum and cobalt). Additionally, the bill includes a group of 17 elements within the definition of REEs , including elements used in permanent magnets (e.g., dysprosium and neodymium). Specifically, the bill authorizes the President, acting through the Office of the U.S. Trade Representative, to (1) negotiate, enter into, and enforce a free trade agreement with a country or countries with respect to critical minerals and REEs when the President determines it is in the national interest; and (2) proclaim a modification or continuance of any existing duty, or continuance of existing duty-free or excise treatment, as the President determines necessary to carry out the agreement. The bill prohibits agreements with nonmarket economy countries that are designated as foreign countries of concern (e.g., China and Russia). The bill outlines procedures for congressional notification, consultation, and review of these trade agreements. The bill also expands the definition of domestic source under the Defense Production Act, thereby making certain businesses from countries that are party to free trade agreements under this bill eligible for financial incentives to increase production of critical components, critical technology items, materials, and industrial resources needed for U.S. national security.