datamatters24/research-document-archive huggingface dataset:
(d) WAIVER.— 
(1) IN
GENERAL.—The President may waive 
the application of sanctions under subsection (b) 
with respect to— 
(A) an individual, on a case-by-case basis 
for periods not to exceed 180 days, if the Presi-
dent determines that such individual’s entry or 
continued presence in the United States is vital 
to the national security interests of the United 
States; or 
(B) a jurisdiction, including a foreign 
country, or any subdivision of such country, 
that is designated as a terrorist sanctuary pur-
suant to section 5, for periods not to exceed 1 
year, if the President determines that waiving 
the application of sanctions with respect to offi-
cials or other residents of such jurisdiction is in 
the national interest of the United States. 
(2) REPORT.—Not later than 15 days before 
granting or renewing a waiver under paragraph (1), 
the President shall submit a report to the appro-
priate congressional committees that includes— 
(A) the name of the individual or the spe-
cific jurisdiction subject to the waiver; 
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(B) a detailed justification explaining how 
the waiver serves— 
(i) the national security interests of 
the United States (for individuals); or 
(ii) the national interest of the United 
States (for jurisdictions); and 
(C) with respect to renewals— 
(i) an assessment of the individual’s 
or jurisdiction’s activities during the most 
recent waiver period; and 
(ii) any conditions imposed to ensure 
compliance with United States interests. 
(e) TERMINATION OF SANCTIONS.—The President 
may terminate the application of sanctions under this sec-
tion with respect to a foreign individual if the President 
determines and reports to the appropriate congressional 
committees not later than 15 days before the termination 
of such sanctions that— 
(1) the foreign individual is no longer engaged 
in the activity that was the basis for such sanctions 
or has taken significant verifiable steps toward stop-
ping such activity; 
(2) the President has received reliable assur-
ances that such individual will not knowingly engage 
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in any activity subject to sanctions under this sec-
tion in the future; or 
(3) the termination of such sanctions is in the 
national security interests of the United States. 
(f) RULEMAKING.—The President shall issue such 
regulations, licenses, and orders as may be necessary to 
carry out this section. 
SEC. 7. SUNSET. 
Any sanctions imposed pursuant to this Act shall ter-
minate 5 years after the date of the enactment of this 
Act. 
Æ 
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wildlife agencies referred to in subsection (b) of this 
section, and any other agencies.’’. 
Æ 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Helping Startups Con-
tinue To Grow Act’’. 
SEC. 2. EMERGING GROWTH COMPANY CRITERIA. 
(a) SECURITIES ACT OF 1933.—Section 2(a)(19) of the 
Securities Act of 1933 (15 U.S.C. 77b(a)(19)) is amended— 
(1) by striking ‘‘$1,000,000,000’’ each place such 
term appears and inserting ‘‘$3,000,000,000’’; 
(2) in subparagraph (B)— 
(A) by striking ‘‘fifth’’ and inserting ‘‘10- 
year’’; and 
(B) by adding ‘‘or’’ at the end; 
(3) in subparagraph (C), by striking ‘‘; or’’ and 
inserting a period; and 
(4) by striking subparagraph (D). 
(b) SECURITIES EXCHANGE ACT OF 1934.—Section 
3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 
78c(a)) is amended, in the first paragraph (80)— 
(1) by striking ‘‘$1,000,000,000’’ each place such 
term appears and inserting ‘‘$3,000,000,000’’; 
(2) in subparagraph (B)— 
(A) by striking ‘‘fifth’’ and inserting ‘‘10- 
year’’; and 
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I 
119TH CONGRESS 
1ST SESSION H. R. 3318 
To require the reorganization of certain offices within the Securities and 
Exchange Commission, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 9, 2025 
Mr. DOWNING introduced the following bill; which was referred to the 
Committee on Financial Services 
A BILL 
To require the reorganization of certain offices within the 
Securities and Exchange Commission, and for other pur-
poses. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘SEC Modernization 
Act’’. 
SEC. 2. COMMISSION ORGANIZATION. 
(a) CHANGES TO THE ORGANIZATION OF THE COM-
MISSION.— 
(1) IN
GENERAL.—The Securities and Ex-
change Commission shall— 
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(A) transfer the Office of the Secretary, 
the Office of the Ethics Counsel, and the Office 
of International Affairs into the Office of the 
General Counsel, with the heads of each trans-
ferred office reporting directly to the General 
Counsel; 
(B) transfer the Office of the Chief Ac-
countant, the Office of Credit Ratings, and the 
Office of Municipal Securities into the Division 
of Corporate Finance, with the heads of each 
transferred office reporting directly to the head 
of the Division of Corporate Finance; 
(C) merge the Office of Legislative and 
Intergovernmental Affairs into the Office of 
Public Affairs, with the head of the larger of 
the two merged offices (by number of employ-
ees) becoming the head of the merged office, 
and such head reporting directly to the Chief of 
Staff; and 
(D) transfer the Office of Investor Edu-
cation and Advocacy into the Office of the In-
vestor Advocate, with the head of the Office of 
Investor Education and Advocacy reporting di-
rectly to the Investor Advocate. 
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(2) PRESERVATION
OF
COMMISSION
AUTHOR-
ITY.—Paragraph (1) shall not prohibit the Commis-
sion from reorganizing the offices described in such 
paragraph in the future, if the Commission deter-
mines such reorganization is necessary or appro-
priate in the public interest or for the protection of 
investors. 
(b) REGIONAL OFFICE CONSOLIDATION.—The Secu-
rities and Exchange Commission shall, if the Commission 
determines it appropriate, consolidate the regional offices 
of the Commission. 
Æ 
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(2) Section 6213(g)(2) is amended by striking 
subparagraphs (R) and (S). 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to property placed in service in 
taxable years beginning after December 31, 2025. 
SEC. 3. RESIDENTIAL CLEAN ENERGY CREDIT REPEALED. 
(a) IN GENERAL.—Subpart A of part IV of sub-
chapter A of chapter 1 is amended by striking section 25D 
(and by striking the item relating to such section in the 
table of sections for such subpart). 
(b) CONFORMING AMENDMENTS.— 
(1) Section 23(c)(1) is amended by striking 
‘‘and section 25D’’. 
(2) Section 25(e)(1)(C) is amended by striking 
‘‘sections 23 and 25D’’ and inserting ‘‘section 23’’. 
(3) Section 1016(a) is amended by striking 
paragraph (34). 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to expenditures paid or incurred 
in taxable years beginning after December 31, 2025. 
SEC. 4. PREVIOUSLY-OWNED CLEAN VEHICLES CREDIT RE-
PEALED. 
(a) IN GENERAL.—Subpart A of part IV of sub-
chapter A of chapter 1 is amended by striking section 25E 
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sive community-based services in the same manner 
as such paragraphs apply to State plan amendments 
under such subsection (i) and home and community- 
based services. 
‘‘(5) 
FUNDING
FOR
STATE
PLANNING 
GRANTS.— 
‘‘(A) IN GENERAL.—There is appropriated, 
out of any funds in the Treasury not otherwise 
appropriated, $20,000,000 to the Secretary for 
purposes of implementing, administering, and 
making planning grants to States as soon as 
practicable for purposes of developing a State 
plan amendment request to provide intensive 
community-based services under this subsection, 
to remain available until expended. 
‘‘(B) USE OF FUNDS.—A State shall use 
funds received under a grant under this sub-
section to engage in planning activities for a 
State plan amendment under this subsection, 
including— 
‘‘(i) collaborative activities, at the 
State and Federal level, with providers of 
housing-related services; 
‘‘(ii) developing service quality cri-
teria; and 
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‘‘(iii) developing the infrastructure 
necessary to implement the State plan 
amendment, including data infrastructure 
and staffing.’’. 
(b) RULE OF CONSTRUCTION.—Nothing in this Act 
or the amendments made by this Act may be construed 
to limit the entitlement of children and youth who are eli-
gible for medical assistance under a State Medicaid pro-
gram to receive intensive community-based services 
through the early and periodic screening, diagnostic, and 
treatment services benefit. 
Æ 
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I 
119TH CONGRESS 
1ST SESSION H. R. 3322 
To amend the Internal Revenue Code of 1986 to modify the energy efficient 
home improvement credit to include a credit for natural carbon sinks, 
and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 9, 2025 
Mr. THOMPSON of Pennsylvania (for himself and Ms. SEWELL) introduced the 
following bill; which was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to modify 
the energy efficient home improvement credit to include 
a credit for natural carbon sinks, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Solid American Hard-
wood Tax Credit Act’’. 
SEC. 2. MODIFICATION OF ENERGY EFFICIENT HOME IM-
PROVEMENT CREDIT. 
(a) INCLUSION OF CREDIT FOR NATURAL CARBON 
SINK EXPENDITURES.— 
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(1) IN GENERAL.—Section 25C(a) of the Inter-
nal Revenue Code of 1986 is amended by striking 
‘‘and’’ at the end of paragraph (2), by striking the 
period at the end of paragraph (3) and inserting ‘‘, 
and’’, and by adding at the end the following new 
paragraph: 
‘‘(4) the amount of the natural carbon sink ex-
penditures paid or incurred by the taxpayer during 
such taxable year.’’. 
(2) NATURAL CARBON SINK EXPENDITURES.— 
Section 25C of such Code is amended by redesig-
nating subsections (f), (g), and (h) as subsections 
(g), (h), and (i), respectively, and by inserting after 
subsection (e) the following new subsection: 
‘‘(f) NATURAL CARBON SINK EXPENDITURES.—For 
purposes of this section— 
‘‘(1) IN GENERAL.—The term ‘natural carbon 
sink expenditures’ means expenditures made by the 
taxpayer for any natural carbon sink if— 
‘‘(A) such natural carbon sink is installed 
on or in connection with a dwelling unit located 
in the United States and owned and used by 
the taxpayer as the taxpayer’s principal resi-
dence (within the meaning of section 121), 
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‘‘(B) the original use of such natural car-
bon sink commences with the taxpayer, and 
‘‘(C) such natural carbon sink reasonably 
can be expected to remain in use for at least 5 
years. 
‘‘(2) NATURAL CARBON SINK.—The term ‘nat-
ural carbon sink’ means any flooring, paneling, mill-
work, cabinetry doors, cabinetry facing, window, or 
skylight, comprised of deciduous trees grown and 
processed in the United States.’’. 
(b) EXTENSION OF CREDIT.—Section 25C(i)(2) of 
such Code, as redesignated by subsection (a)(2), is amend-
ed by striking ‘‘2032’’ and inserting ‘‘2035’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to property placed in service after 
the date of the enactment of this Act. 
Æ 
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I 
119TH CONGRESS 
1ST SESSION H. R. 3323 
To update the definition of an emerging growth company, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 13, 2025 
Mr. STEIL (for himself and Mrs. WAGNER) introduced the following bill; which 
was referred to the Committee on Financial Services 
A BILL 
To update the definition of an emerging growth company, 
and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Helping Startups Con-
tinue To Grow Act’’. 
SEC. 2. EMERGING GROWTH COMPANY CRITERIA. 
(a) SECURITIES ACT OF 1933.—Section 2(a)(19) of 
the Securities Act of 1933 (15 U.S.C. 77b(a)(19)) is 
amended— 
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(1) by striking ‘‘$1,000,000,000’’ each place 
such term appears and inserting ‘‘$3,000,000,000’’; 
(2) in subparagraph (B)— 
(A) by striking ‘‘fifth’’ and inserting ‘‘10- 
year’’; and 
(B) by adding ‘‘or’’ at the end; 
(3) in subparagraph (C), by striking ‘‘; or’’ and 
inserting a period; and 
(4) by striking subparagraph (D). 
(b) SECURITIES EXCHANGE ACT OF 1934.—Section 
3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 
78c(a)) is amended, in the first paragraph (80)— 
(1) by striking ‘‘$1,000,000,000’’ each place 
such term appears and inserting ‘‘$3,000,000,000’’; 
(2) in subparagraph (B)— 
(A) by striking ‘‘fifth’’ and inserting ‘‘10- 
year’’; and 
(B) by adding ‘‘or’’ at the end; 
(3) in subparagraph (C), by striking ‘‘; or’’ and 
inserting a period; and 
(4) by striking subparagraph (D). 
Æ 
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IB 
Union Calendar No. 102 
119TH CONGRESS 
1ST SESSION H. R. 3323 
[Report No. 119–133] 
To update the definition of an emerging growth company, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 13, 2025 
Mr. STEIL (for himself and Mrs. WAGNER) introduced the following bill; which 
was referred to the Committee on Financial Services 
JUNE 4, 2025 
Additional sponsor: Mr. LICCARDO 
JUNE 4, 2025 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
[For text of introduced bill, see copy of bill as introduced on May 13, 2025] 
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(B) by adding ‘‘or’’ at the end; 
(3) in subparagraph (C), by striking ‘‘; or’’ and 
inserting a period; and 
(4) by striking subparagraph (D). 
(c) TECHNICAL CORRECTION.— 
(1) Section 3(a) of the Securities Exchange Act 
of 1934 (15 U.S.C. 78c(a)) is amended by redesig-
nating the second paragraph (80) as paragraph (81). 
(2) Section 4A(a)(1)(B) of the Securities Act of 
1933 (77d–1(a)(1)(B)) is amended by striking ‘‘sec-
tion 3(a)(80)’’ and inserting ‘‘section 3(a)’’. 
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Union Calendar No. 102 
119TH CONGRESS 
1ST SESSION 
H. R. 3323 
[Report No. 119–133] 
A BILL 
To update the definition of an emerging growth 
company, and for other purposes. 
JUNE 4, 2025 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
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HR 3383 RFS
(F) confirmations and account statements 
meeting 
the 
requirements 
under 
section 
240.10b of title 17, Code of Federal Regula-
tions; 
(G) proxy statements meeting the require-
ments under section 240.14a–3 of title 17, 
Code of Federal Regulations; 
(H) privacy notices meeting the require-
ments of Regulation S–P under subpart A of 
part 248 of title 17, Code of Federal Regula-
tions; 
(I) affiliate marketing notices meeting the 
requirements of Regulation S–AM under sub-
part B of part 248 of title 17, Code of Federal 
Regulations; and 
(J) all other regulatory documents re-
quired to be delivered by covered entities to in-
vestors under the securities laws and the rules 
and regulations of the Commission and the self- 
regulatory organizations. 
(5) SECURITIES LAWS.—The term ‘‘securities 
laws’’ has the meaning given the term in section 
3(a) of the Securities Exchange Act of 1934 (15 
U.S.C. 78c(a)). 
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‘‘(j) If it is shrimp imported or offered for import 
into the United States and the shrimp has been manufac-
tured, processed, packed, or held in a foreign country the 
government or food inspection system of which does not 
comply with the applicable requirements of section 
807(c).’’. 
(c) REPORT TO CONGRESS.—Not later than 1 year 
after the date of enactment of this Act, and annually 
thereafter, the Secretary of Health and Human Services 
shall submit to the Committee on Health, Education, 
Labor, and Pensions of the Senate and the Committee on 
Energy and Commerce of the House of Representatives 
a report that describes the implementation of the amend-
ments made by subsections (a) and (b). 
Æ 
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I 
119TH CONGRESS 
1ST SESSION H. R. 3325 
To amend the Internal Revenue Code of 1986 to treat energy efficient 
kegs as efficient commercial building property for purposes of the energy 
efficient commercial buildings deduction. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 13, 2025 
Mr. LAHOOD (for himself, Mr. HORSFORD, Ms. TENNEY, and Ms. DELBENE) 
introduced the following bill; which was referred to the Committee on 
Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to treat energy 
efficient kegs as efficient commercial building property 
for purposes of the energy efficient commercial buildings 
deduction. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Creating Hospitality 
Economic Enhancement for Restaurants and Servers Act’’ 
or the ‘‘CHEERS Act’’. 
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SEC. 2. ENERGY EFFICIENT KEG PROPERTY. 
(a) IN GENERAL.—Section 179D(d) of the Internal 
Revenue Code of 1986 is amended by inserting after para-
graph (5) the following new paragraph: 
‘‘(6) QUALIFIED
ENERGY-EFFICIENT
DRAFT 
PROPERTY.— 
‘‘(A) IN GENERAL.—Notwithstanding sub-
section (c)(1)(D), for purposes of this section, 
qualified energy-efficient draft property shall be 
treated as energy efficient commercial building 
property. 
‘‘(B) 
QUALIFIED
ENERGY-EFFICIENT 
DRAFT PROPERTY DEFINED.—For purposes of 
this paragraph, the term ‘qualified energy-effi-
cient draft property’ means property— 
‘‘(i) which meets the requirements of 
paragraphs (A) and (B)(i) of paragraph 
(1) of subsection (c), 
‘‘(ii) which is principally used in the 
conduct of a trade or business of operating 
a restaurant, bar, or entertainment venue, 
and 
‘‘(iii) which is a stainless steel or alu-
minum container or related commercial tap 
equipment used for the distribution and 
sale of alcohol. 
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‘‘(C) REGULATIONS.—The Secretary shall 
issue such regulations or other guidance as may 
be necessary or appropriate to carry out the 
purposes of this paragraph, including regula-
tions providing for the appropriate treatment of 
taxpayers that rent or lease qualified energy ef-
ficient draft property to further such pur-
poses.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to property placed in service after 
December 31, 2024. 
Æ 
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I 
119TH CONGRESS 
1ST SESSION H. R. 3326 
To prohibit the use of Federal funds to rename the Persian Gulf, and 
for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 13, 2025 
Ms. ANSARI introduced the following bill; which was referred to the Committee 
on Foreign Affairs 
A BILL 
To prohibit the use of Federal funds to rename the Persian 
Gulf, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Persian Gulf Act’’. 
SEC. 2. PROHIBITION ON USE OF FEDERAL FUNDS TO RE-
NAME PERSIAN GULF. 
(a) IN GENERAL.—Notwithstanding any other provi-
sion of law, no Federal funds are authorized to be appro-
priated or otherwise made available to rename the Persian 
Gulf. 
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(b) REFERENCES.—No law, map, regulation, docu-
ment, paper, or other record of the United States may 
refer to the Persian Gulf by a different name without ex-
press authorization of Congress. 
Æ 
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