Below find legislation currently before Congress being monitored by PFMA. PFMA's position is provided in red where applicable.
Biden cybersecurity plan calls for workforce development transformation
SC Magazine | Jul. 31, 2023
Meuser U.S. business sovereignty bill passes House Financial Services Committee
Penn Business Report | Aug. 1, 2023
This time, the SEC means business with its breach notification rules
SC Media | Jul. 31, 2023
Fetterman introduces bill to allow striking workers to collect SNAP benefits
City and State PA | Jul. 28, 2023
Ensuring Fee-Free Benefit Transactions Act (S. 2449 | H.R. 4103) - Permanently prohibits processing or other related fees from being imposed on retailers or consumers participating in the Supplemental Nutrition Assistance Program (SNAP). The bill also protects retailers from the financial burden of a migration to EBT chip cards.
Supporting All Healthy Options When Purchasing Produce (SHOPP) Act (S.2223 | H.R. 3127) - Would ensure that certain key nutrition programs include the promotion of fresh frozen produce for lower-income Americans.
Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Fiscal Year 2024 Appropriations Bill
Lift the Bar Act (S. 2038 | H.R. 4170) - Would restore access to SNAP and other federal assistance programs, like Medicaid and the Children’s Health Insurance Program, by removing the five-year bar on participation for adult legal permanent residents.
Tax Cuts for Working Families Act (H.R. 3936) - Renames the standard tax deduction as the guaranteed deduction. It allows an additional bonus amount of $2,000 ($4,000 for married couples filing jointly) in taxable years beginning in 2024 and 2025 but reduces the bonus amount for taxpayers whose modified adjusted gross income exceeds $200,000 ($400,000 for joint filers).
Small Business Jobs Act (H.R. 3937) - Increases the reporting threshold for subcontract labor from $600 to $5,000. Repeals the reduction in the IRS reporting threshold for transactions made via Zelle and others from $20,000 to $600.
Build it in America Act (H.R. 3938) - Bill to amend the Internal Revenue Code of 1986 to encourage economic growth.
Credit Card Competition Act (S.1838 | H.R. 3881) - A bill to amend the Electronic Fund Transfer Act to require the Board of Governors of the Federal Reserve system to prescribe regulations relating to network competition in credit card transactions.
Modernizing Agricultural and Manufacturing Bonds Act (H.R. 3787) - Modernizes the Internal Revenue Code (IRC) as it relates to small issue bonds, specifically the private activity bond rules for first-time farmers and manufacturing bonds.
Food Label Modernization Act - Amends the Federal Food, Drug, and Cosmetic Act to strengthen requirements related to nutrient information on food labels.
Zero Food Waste Act (H.R. 652) - Directs establish a grant program to study and reduce food waste.
SHIP IT Act (H.R 471) - Bolsters the trucking profession through the availability of workforce grants and tax credits and streamlines the commercial driver’s license (CDL) process. Also improves truck parking and rest facilities and modernizes the waiver process during disease and supply chain emergencies.
Pharmacy Benefit Manager Transparency Act (S. 127) - This bipartisan legislation would help control drug costs and incentivize transparent PBM practices.