Daniel Meuser

Restoring the Secondary Trading Market Act

This bill prohibits states from banning, limiting, or imposing conditions upon off-exchange secondary trading of securities. This prohibition applies if the issuer of those securities provides public information on the issuer's financial status in accordance with federal regulations.

Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2025 or the ACCESS Act of 2025

This bill expands the exemption from certain disclosures applicable to crowdfunding issuers with specified target offering amounts. (Crowdfunding is used to raise capital through a large number of individuals investing potentially small amounts of money.) Under current law, crowdfunding issuers that have target offering amounts of $100,000 or less are not required to make available financial statements reviewed by an independent public accountant. The bill increases that amount to $250,000 and allows the Securities and Exchange Commission to increase this amount to no more than $400,000 upon recommendation of the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate.

Bureau of Consumer Financial Protection-Inspector General Reform Act of 2025 or the CFPB-IG Act of 2025

This bill establishes a separate Office of Inspector General for the Consumer Financial Protection Bureau (CFPB). Currently, such oversight of the CFPB is combined with the Office of Inspector General for the Board of Governors of the Federal Reserve System.

PIIA Reform Act

This bill establishes a federal Overpayment Czar position, requires federal agencies to identify certain programs and activities as susceptible to improper payments (i.e., payments that should not have been made or were made in an incorrect amount), and imposes financial penalties on agencies for noncompliance with requirements related to reducing improper payments.

The bill establishes the position of Director of Improper Payment Mitigation, to be known as the Overpayment Czar, within the Office of Management and Budget (OMB). The duties of the Overpayment Czar include assisting federal agencies in preventing improper payments and fraud.

Under the bill, federal agencies must additionally identify as susceptible to significant improper payments any program or activity that is in the first four years of operation and has or is expected to have outlays exceeding $100 million in any of the first three fiscal years of operation unless, based upon a review of the program or activity, the agency makes a determination to the contrary.

The bill requires a reduction in certain appropriations accounts for agencies that do not comply with various requirements related to reducing improper payments (such as publishing improper payments estimates and programmatic corrective action plans).

States receiving funding for certain programs, such as Medicaid and unemployment compensation, must use payment integrity tools approved by OMB to reduce overpayments.

Each annual governmentwide five-year financial management plan produced by OMB must include a plan to decrease improper payments throughout executive agencies.

USA Batteries Act

This bill eliminates the Superfund chemical excise tax imposed on lead oxide ($8.28 per ton), antimony ($8.90 per ton), and sulfuric acid ($0.52 per ton).

Under current law, an excise tax is imposed through December 31, 2031, on taxable chemicals and taxable chemical substances that are (1) manufactured or produced in the United States, or (2) imported into the United States. The excise tax rate varies between $0.44 per ton to $9.74 per ton, depending on the chemical and certain other variables. (There are 42 listed taxable chemicals, including lead oxide, antimony, and sulfuric acid.)

Further, under current law, amounts collected from the excise tax on taxable chemicals are deposited into the Superfund, which finances the remediation of certain environmentally contaminated sites.

This resolution recognizes and honors Gold Shield Families for their sacrifices and support of their loved ones in service to our nation. Gold Shield Families consist of the families of fallen police officers, firefighters, emergency medical technicians (EMTs), correction officers, emergency dispatch officers, and emergency service providers.