Advancing Policy Priorities Act

Bill Number: H.R. 7315
Origin Chamber: House
Congress: 119th Congress, Session 2
Policy Area: Government Operations and Politics
Status: Introduced
Latest Action: 2026-05-20: Referred to the Subcommittee on Livestock, Dairy, and Poultry.
Last Updated: 2026-05-22T08:07:49Z

AI-Generated Summary

Summary of H.R. 7315: Advancing Policy Priorities Act

Purpose

This legislation aims to advance a broad range of policy priorities by addressing issues in agriculture, veterans' affairs, federal employee benefits, retirement savings, small business support, public safety, cultural institutions, economic security, homeland security, space administration, congressional procedures, maritime policy, and federal budgeting. It seeks to extend programs, enhance benefits, promote economic resilience, and implement administrative reforms across multiple federal sectors.

Key Provisions

The bill is organized into 16 titles, each targeting specific areas:

Title I: Livestock Mandatory Reporting Extension

Extends the Livestock Mandatory Reporting program (requiring price and purchase data from meatpackers) from 2024 to 2025.

Title II: Education and Apprenticeships for Veterans
Requires the Department of Defense to inform separating service members about registered apprenticeship programs.
Directs the Department of Labor and Veterans Affairs to create or update a public website with searchable information on veteran-approved apprenticeships, including costs, contacts, endorsements, hiring preferences, and credentials earned.

Title III: Federal Employee Retirement for Injured Workers
Expresses a congressional sense that agencies should retain injured employees in suitable roles.
Amends Civil Service Retirement System (CSRS), Federal Employees Retirement System (FERS), CIA Retirement Act, and Foreign Service Act to allow certain injured law enforcement officers, firefighters, air traffic controllers, and similar "covered position" workers to have their service in non-covered administrative roles treated as covered service for retirement purposes (e.g., higher contributions and benefits). Applies to injuries after two years from enactment; includes opt-out options and agency certification requirements.

Title IV: Retirement Plan Enhancements

A comprehensive set of reforms to tax-advantaged retirement plans under the Internal Revenue Code:

Mandates automatic enrollment in 401(k) and 403(b) plans with escalating contributions (3-15% of pay), permissible withdrawals, and default investments.
Increases tax credits for small employer pension startups (up to 100% for very small firms) and adds credits for employer contributions.
Enhances the Saver's Credit (50% rate, higher income phaseouts adjusted for inflation).
Allows 403(b) plans to invest in group trusts; raises required minimum distribution age to 75 by 2035; indexes IRA catch-up limits; increases catch-up limits for ages 62-64.
Permits pooled employer plans and multiple-employer 403(b) plans with simplified rules.
Treats student loan payments as elective deferrals for matching contributions.
Provides credits for employers joining existing plans or making military spouses eligible.
Allows small financial incentives for plan participation; safe harbors for correcting automatic contribution errors; expands coverage for part-time workers (500 hours/year eligibility).
Defers taxes on certain ESOP sales of S-corp stock; treats certain securities as publicly traded in ESOPs; eases RMD rules for annuities.
Updates qualifying longevity annuities and insurance-dedicated ETFs; limits recovery of retirement overpayments (no interest, caps on reductions).
Reduces excise tax on RMD failures to 25% (10% if corrected timely); allows blended benchmarks for asset allocation funds.
Reviews reporting/disclosure requirements; eliminates notices for unenrolled participants; creates a "Retirement Savings Lost and Found" database.
Updates mandatory distribution limits to $7,000; expands Employee Plans Compliance Resolution System.
Allows one-time QCD to split-interest entities; excludes firefighter disability pay; extends IRA statute of limitations.
Requires paper statements every 3 years (with opt-outs); separates top-heavy rules for excludible employees; limits birth/adoption distribution repayments to 3 years.
Permits employer reliance on employee certifications for hardship withdrawals; allows penalty-free withdrawals for domestic abuse victims (up to $10,000, repayable in 3 years).
Reforms family attribution rules for controlled/affiliated groups; allows retroactive benefit increases; permits sole proprietors retroactive first-year deferrals.
Limits IRA disqualification to prohibited transaction portions; reviews pension risk transfers.
Technical fixes to SECURE Act; allows Roth IRAs for SIMPLE/SEP plans; harmonizes 403(b) hardship rules; limits super catch-ups to Roth contributions; permits optional Roth matching.
Updates dollar limits and plan amendment deadlines.

Title V: Boots to Business Program

Establishes a Small Business Administration program (through 2028) providing entrepreneurship training (online/in-person) to veterans, transitioning service members, spouses, and dependents, including business planning and resource connections. Requires annual reports on performance.

Title VI: Enhanced Penalties for Trafficking and Coercion

Increases prison terms by up to 5 years for sex trafficking or coercion/enticement involving minors in school zones (within 1,000 feet of schools, activities, or higher education premises).

Title VII: National Museum of Asian Pacific American History and Culture Commission

Creates an 8-member commission to study feasibility, develop a plan of action, fundraising strategy, and recommend legislation for a museum in Washington, DC. Requires reports within 18 months; self-funded, terminates 30 days after final report.

Title VIII: Semiconductor Supply Chain Security

Directs SelectUSA (Commerce Department) to coordinate with states on attracting foreign direct investment (FDI) for semiconductor fabrication, packaging, and materials; assess barriers; report strategies within 2 years to secure U.S. supply chains and exclude adversaries.

Title IX: Homeland Security Grant Equipment Approvals

Establishes a uniform review process for grants to purchase non-consensus-standard equipment, considering federal use, gaps, and international standards. Requires Inspector General report in 3 years.

Title X: NASA Enhanced Use Leasing Extension

Extends NASA's authority to lease underutilized non-excess property through December 31, 2033, to support mission-compatible uses and reduce maintenance costs.

Title XI: Implementation Hearings

Requires House committees to hold hearings on bill implementation within one year (as a House rule).

Title XII: House Code of Official Conduct

Prohibits disclosing whistleblower identities without consent or 2/3 committee vote; allows investigations and non-identifiable info sharing; requires safeguards and notice.

Title XIII: Foreign Ports Ownership Study

Directs Federal Maritime Commission to contract a study on foreign (especially Chinese/Russian) ownership of top 15 U.S. container ports' terminals, including grant funding impacts and economic security risks; report in 1 year.

Title XIV: Budgetary Effects

References PAYGO compliance statement for budgetary scoring.

Title XV: Federal Credit Union Board Meetings

Reduces required meetings: monthly for new/unhealthy unions; quarterly for healthy ones; at least 6/year for others.

Title XVI: Appropriations

Provides $1 million each (available through specified dates) to: HRSA for telehealth in nursing facilities; USDA Budget Office; State Department Capital Fund; DOD Army O&M; DHS Management; DOE Energy Information Administration.

Significant Changes to Existing Law

Retirement and Tax Code (Title IV): Major expansions to automatic enrollment, credits, and flexibilities (e.g., student loan matching, Roth options for matches/SEPs/SIMPLEs); raises RMD ages and distribution limits; limits overpayment recoveries; reforms attribution and error corrections—shifting from voluntary to mandatory elements in some plans.
Federal Employee Retirement (Title III): New provisions treat post-injury administrative roles as "covered" for enhanced benefits, altering CSRS/FERS calculations.
Penalties (Title VI): Adds school-zone enhancements to trafficking/coercion statutes (18 U.S.C. §§ 1591, 2422).
NASA Leasing (Title X): One-year extension of lease authority (51 U.S.C. § 20145).
Whistleblower Protections (Title XII): Strengthens House rules against identity disclosure.
Credit Unions (Title XV): Replaces monthly meetings with risk-based frequency (12 U.S.C. § 1761b).
SECURE Act Fixes (Title IV/445): Clarifies and extends prior reforms.

Potential Impacts

Government Agencies: Increases administrative burdens (e.g., OPM/DOL for retirement rules, SBA for veteran programs) but provides tools for efficiency (e.g., NASA's leasing, DHS equipment reviews). Small appropriations ($1M each) support targeted operations without major funding shifts.
Citizens: Enhances retirement access/savings for workers (automatic enrollment, credits, hardship relief); aids veterans/spouses in business startups; protects domestic abuse victims via penalty-free withdrawals. Improves telehealth in rural nursing homes; bolsters supply chain security against shortages.
International Relations: Promotes FDI alliances for semiconductors while excluding adversaries; studies foreign port ownership to safeguard economic security. Enhanced trafficking penalties may strengthen U.S. global stance on human rights.

No direct impacts on international relations beyond economic/security measures.

Main Stakeholders Affected

Federal Employees and Retirees: Injured workers in high-risk roles (e.g., law enforcement, firefighters) gain retirement protections; broader workforce benefits from plan reforms.
Veterans and Military Families: Access to apprenticeships and entrepreneurship training.
Small Employers and Workers: Tax credits/incentives for pensions; easier plan setups; part-time coverage expansions.
Taxpayers and Retirees: Improved saver's credits, RMD flexibilities, overpayment limits; potential revenue from FDI.
Small Businesses and Ports: Veteran programs; foreign ownership scrutiny.
Cultural/Community Groups: Asian Pacific American stakeholders via museum commission.
Federal Agencies: DOL, Treasury, SBA, NASA, DHS, FMC, NCUA—implementation roles.
Victims of Trafficking/Abuse: Enhanced penalties and withdrawal options.

Notable Legal, Constitutional, or Political Implications

Legal: Expands fiduciary duties and safe harbors in retirement law (e.g., error corrections, overpayments) without altering core ERISA protections; whistleblower rule strengthens congressional oversight but raises free speech/privacy tensions (mitigated by consent/vote requirements). No constitutional challenges evident; aligns with equal protection via veteran/small business aids.
Political: Omnibus nature reflects bipartisan priorities (e.g., veterans, retirement security) but may face debate on tax expenditures (~$ billions in credits over years) and FDI exclusions (geopolitical sensitivities). Self-funded museum commission avoids direct spending. House rulemaking (Titles XI/XII) is internal, not binding on Senate. Potential for PAYGO offsets given appropriations.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Magaziner, Seth [D-RI-2]

Recent Actions

2026-05-20: Referred to the Subcommittee on Livestock, Dairy, and Poultry.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-02-02: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Armed Services, Energy and Commerce, Transportation and Infrastructure, Financial Services, Education and Workforce, Oversight and Government Reform, Foreign Affairs, Agriculture, Natural Resources, Small Business, Science, Space, and Technology, the Judiciary, Homeland Security, Intelligence (Permanent Select), House Administration, Rules, Ethics, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Bill Versions

Advancing Policy Priorities Act — issued 2026-02-02 — PDF (193 pages)