Hagerty, Bill [R-TN]
Republican · TN · 18 bills sponsored
Main Street Depositor Protection Act
# Main Street Depositor Protection Act - Summary **What the Bill Would Do** The Main Street Depositor Protection Act aims to strengthen protections for bank depositors, particularly everyday Americans and small businesses. Based on its subjects, the bill likely focuses on FDIC (Federal Deposit Insurance Corporation) deposit insurance rules, how banks manage capital and customer funds, and regulations around bank licensing and operations. The specific provisions aren't detailed in this overview, but the bill appears designed to ensure depositors' money is safer and better protected in U.S. banks. **Who It Affects** This legislation would primarily impact regular depositors (everyday bank customers), small business owners who maintain business accounts, and the banking industry itself. Banks would face new regulatory requirements or changes to how they operate and manage deposits. The FDIC would likely play a role in implementing any new protections. **Current Status** As of now, the bill (S 2999) is in committee, meaning it hasn't yet been debated or voted on by the full Senate. It was introduced by Senator Bill Hagerty, a Republican from Tennessee. The bill remains in the early stages of the legislative process.
Financial Services and General Government Appropriations Act, 2026
# Summary of S 3290: Financial Services and General Government Appropriations Act, 2026 This bill would allocate federal funding for fiscal year 2026 to multiple government agencies and departments that handle financial services, federal operations, and oversight functions. The primary agencies receiving funding include the Department of the Treasury (which manages federal finances and tax collection), the Executive Office of the President, federal courts, and Washington D.C.'s local government. Additionally, the bill funds numerous independent agencies responsible for consumer protection, election administration, financial regulation, and other government operations—including the Federal Trade Commission, Federal Communications Commission, and Consumer Product Safety Commission. The bill affects federal employees and operations across these agencies, as well as the general public who rely on their services. Citizens interact with many of these agencies indirectly through consumer protections, financial regulations, and election administration. The specific dollar amounts allocated to each agency are not detailed in this summary, but such appropriations bills determine how much money each agency can spend on staffing, programs, and operations. **Current Status:** The bill is currently in committee, meaning it has been introduced but not yet debated or voted on by the full Senate. It would need to pass both the Senate and House, be reconciled if they pass different versions, and then be signed by the President before becoming law.
Preventing Foreign Interference in American Elections Act
# Preventing Foreign Interference in American Elections Act (S 3129) **What It Would Do** This bill, sponsored by Senator Bill Hagerty (R-TN), aims to strengthen protections against foreign interference in U.S. elections. While specific details aren't available from the summary provided, bills with this title typically focus on measures to prevent foreign governments, entities, or individuals from attempting to influence American election outcomes through methods like disinformation campaigns, hacking, or other interference tactics. **Who It Affects and Current Status** This bill would affect election officials, federal agencies responsible for election security (like the Department of Homeland Security and FBI), and potentially technology companies involved in election processes. It is currently in committee, meaning it has not yet been debated or voted on by the full Senate. The committee review process is where bills are examined in detail before moving forward. **Note:** The summary provided contains limited details about the bill's specific provisions. For complete information about what exactly the bill proposes—such as what new powers it grants agencies, what penalties it establishes, or what specific foreign interference methods it targets—you would need to review the full legislative text on Congress.gov.
Protect Our Communities from DUIs Act
# Protect Our Communities from DUIs Act (S 2553) Summary **What the Bill Would Do** This bill, sponsored by Senator Bill Hagerty (R-TN), is designed to strengthen penalties and enforcement related to driving under the influence (DUI) offenses. While specific provisions aren't detailed in the available information, bills with this title typically focus on measures such as enhanced criminal penalties for DUI convictions, stricter license suspension requirements, or improved coordination between states on DUI enforcement and offender tracking. **Who It Affects** The bill would primarily affect individuals convicted of DUI offenses and potentially state law enforcement agencies. It could also impact drivers through changes to licensing requirements or vehicle regulations related to alcohol impairment. **Current Status** The bill is currently in committee, meaning it has been introduced but has not yet advanced to a floor vote in the Senate. At this stage, it remains under review and has not been enacted into law. *Note: For complete details on specific provisions, you would need to review the full bill text on Congress.gov.*
NeighborWorks Accountability Act
# NeighborWorks Accountability Act Summary **What the Bill Would Do:** The NeighborWorks Accountability Act (S 2484) is a proposed law that would increase oversight and accountability measures for NeighborWorks America, a congressionally chartered nonprofit organization that provides housing counseling, education, and homeownership support services across the country. While the bill's specific provisions aren't detailed in the information available, accountability bills of this type typically aim to strengthen reporting requirements, financial controls, or performance standards for federally-supported organizations. **Who It Affects:** The bill would directly impact NeighborWorks America and potentially the millions of Americans who benefit from its programs—including homebuyers seeking mortgage counseling, people in foreclosure, and communities working on affordable housing initiatives. It could also affect Congress and taxpayers, as enhanced accountability measures are generally designed to ensure federal resources are used effectively. **Current Status:** As of now, S 2484 remains in committee, meaning it has not yet been debated or voted on by the full Senate. The bill was introduced by Senator Bill Hagerty (R-TN) in the 119th Congress. For more specific details about the bill's exact provisions, the congressional record or Congress.gov would provide the full legislative text.
Defending American Property Abroad Act of 2025
# Defending American Property Abroad Act of 2025 (S 2368) **What the Bill Would Do:** The Defending American Property Abroad Act of 2025 aims to protect American citizens' property and assets located outside the United States. While specific provisions aren't detailed in the summary provided, the bill's title and purpose suggest it would establish mechanisms to defend or recover U.S. citizens' property that may be seized, confiscated, or threatened by foreign governments or entities. This could include legal frameworks, diplomatic measures, or other tools to safeguard American-owned assets abroad. **Who It Affects:** The bill would primarily affect American citizens and businesses that own property or assets in other countries. It could also impact U.S. foreign relations and diplomatic efforts in countries where property disputes occur, as well as federal agencies responsible for protecting American interests internationally. **Current Status:** As of now, the bill remains in committee consideration in the Senate. S 2368 was introduced by Senator Bill Hagerty (R-TN) in the 119th Congress. No specific provisions, amendments, or voting information are available, indicating the bill has not yet advanced to floor debate or a vote.
GENIUS Act
# GENIUS Act Summary **What It Does:** The GENIUS Act creates the first federal regulatory framework for "stablecoins"—a type of digital currency designed to maintain a fixed value, typically pegged to the U.S. dollar. The law allows only certain approved institutions to issue these digital currencies for use by Americans. Issuers must be subsidiaries of banks, federally-approved nonbank payment companies, or state-approved companies (if their stablecoin holdings stay under $10 billion). All issuers must back their stablecoins dollar-for-dollar with U.S. currency or similar liquid assets and be subject to federal or state oversight. **Who It Affects:** This bill primarily impacts cryptocurrency companies and financial institutions interested in creating stablecoins, as well as consumers who might use these digital currencies for payments. It also affects federal banking regulators and state financial regulators tasked with overseeing these new entities. **Current Status:** The bill has already been signed into law, making it official policy. This represents a significant move by Congress to bring cryptocurrency-based payment systems under traditional banking regulation rather than leaving them largely unregulated.
Equal Representation Act
# Equal Representation Act (S 2205) - Summary **What It Would Do:** The Equal Representation Act, sponsored by Senator Bill Hagerty (R-TN), is currently under review in committee. However, based on the bill information provided, specific details about its provisions and intended effects are not available in this record. To understand what the bill would actually do, you would need to review the full text through Congress.gov or the Senate website. **Current Status:** This bill is in the committee review stage, meaning it has not yet been debated or voted on by the full Senate. Bills typically remain in committee for weeks or months while being analyzed and discussed before moving forward. **Next Steps:** If you're interested in learning more about this bill's specific provisions, goals, and potential impact, I'd recommend visiting Congress.gov and searching for "S 2205" to access the complete bill text and any available summaries from the Congressional Research Service.
No Community Development Block Grants for Sanctuary Cities Act
# No Community Development Block Grants for Sanctuary Cities Act (S 2060) **What the Bill Would Do** This bill would prohibit "sanctuary cities"—municipalities that limit cooperation with federal immigration enforcement—from receiving Community Development Block Grants (CDBG). CDBGs are federal funds distributed to local governments for community development projects like housing, infrastructure, and economic development. If passed, cities that don't fully comply with federal immigration enforcement requests could lose access to this federal funding. **Who It Affects** The bill would primarily impact local governments, particularly cities and counties with policies that restrict their police or officials from assisting Immigration and Customs Enforcement (ICE) with immigration enforcement. Residents in these communities could be affected indirectly, as reduced federal funding might limit local development projects and services. The bill was introduced by Senator Bill Hagerty, a Republican from Tennessee. **Current Status** As of now, the bill remains in committee and has not advanced further in the legislative process. This means it has not yet been debated or voted on by the full Senate. The bill reflects ongoing political debate over immigration enforcement and the relationship between local and federal government authority.
Protecting Privacy in Purchases Act
# Protecting Privacy in Purchases Act (S 1715) - Summary **What the Bill Would Do:** The Protecting Privacy in Purchases Act aims to limit how companies collect and use personal financial information when you make purchases. While specific details about the bill's provisions aren't provided in the available information, bills with this title typically focus on restricting data collection practices by retailers, payment processors, and other businesses involved in consumer transactions. The goal would be to give consumers more control over their personal shopping and financial data. **Who It Affects:** This bill would impact consumers who shop online and in stores, as well as the businesses that collect payment and purchase information—including retailers, banks, credit card companies, and data brokers. Any company that handles customer transaction data would likely be subject to new rules about how they can collect, store, and share that information. **Current Status:** As of now, S 1715 is in committee, meaning it has been introduced but hasn't yet been debated or voted on by the full Senate. The bill was sponsored by Senator Bill Hagerty (R-TN). Without additional details on the specific privacy protections included, it's difficult to assess the full scope or likelihood of passage, but it represents ongoing congressional interest in consumer privacy protection.
District of Columbia Federal Immigration Compliance Act
# District of Columbia Federal Immigration Compliance Act Summary **What the Bill Would Do:** The District of Columbia Federal Immigration Compliance Act (S 1522) would require Washington, D.C. to comply with federal immigration enforcement requests and cooperate with immigration authorities. While the specific details aren't provided in the available information, bills with this title typically aim to prevent local policies that limit immigration enforcement cooperation—such as "sanctuary city" policies that restrict how local police interact with federal immigration officials. **Who It Affects:** This bill would primarily affect D.C. residents, local law enforcement agencies in Washington, D.C., and individuals in the district who are undocumented immigrants. It would also impact the relationship between D.C.'s local government and federal immigration authorities. **Current Status:** The bill is currently in committee, meaning it has been introduced but has not yet been voted on by the full Senate. As of now, it has not advanced to a floor vote or been passed into law. *Note: Without access to the bill's specific language, this summary reflects common provisions in bills with similar titles. For detailed information about exact provisions, you can review the full text on Congress.gov.*
SNOOP Act of 2025
# SNOOP Act of 2025 - Summary I appreciate your request, but I don't have access to the detailed text or provisions of S 1375 (SNOOP Act of 2025). While I can see it's a bill sponsored by Senator Bill Hagerty (R-TN) currently in committee, the subjects list shows "N/A," which means I don't have the specific information about what this bill would actually do. To provide you with an accurate, factual summary of the bill's provisions, who it affects, and its key details, I would need access to the full bill text or a reliable legislative summary. I'd recommend checking: - **Congress.gov** (official source for all bills and their details) - **Your senator's official website** - **Nonpartisan sources** like the Congressional Research Service or GovTrack This will ensure you get accurate information about what the bill proposes rather than me speculating based on limited information.
Innovate to De-Escalate Modernization Act
# Innovate to De-Escalate Modernization Act Summary **What the Bill Does:** The Innovate to De-Escalate Modernization Act (S 1283) would establish new requirements and funding for law enforcement agencies to acquire and use de-escalation technology and training. The bill aims to equip police departments with modern non-lethal tools and methods designed to reduce the use of force during encounters with the public. **Who It Affects:** This bill primarily affects local, state, and federal law enforcement agencies, which would be required to meet new de-escalation standards. It could also impact communities served by these agencies and potentially affect police budgets and training protocols. **Current Status:** As of now, the bill remains in committee and has not advanced to a floor vote. No action has been taken since its introduction in the 119th Congress (2025-2026). For the most current information on its progress, you can check Congress.gov.
GENIUS Act of 2025
# GENIUS Act of 2025 Summary **What It Does:** The GENIUS Act would create the first comprehensive federal framework for regulating "stablecoins"—digital currencies backed by traditional money or liquid assets. The bill aims to allow these cryptocurrencies to be issued and used in the U.S. by establishing clear rules about who can issue them, how they must be backed, and what oversight applies. Only certain financial institutions would be permitted to issue stablecoins: subsidiaries of traditional banks, federally-regulated fintech companies, or state-regulated issuers (for smaller operations under $10 billion). **Key Requirements:** The bill mandates that stablecoin issuers maintain full cash reserves (dollar-for-dollar backing) and publicly disclose their redemption policies. Issuers must submit to federal or state regulation, with state oversight limited to smaller operations. The framework also includes fraud protections and gives Congress oversight authority to monitor the system. **Who It Affects:** The bill primarily impacts cryptocurrency companies wanting to issue stablecoins, traditional financial institutions, and potentially consumers using digital currencies for payments. It could accelerate mainstream adoption of cryptocurrency-based payment systems while reassuring regulators and the public about their stability. **Current Status:** The bill is currently in committee (S 919, 119th Congress), meaning it has not yet been debated or voted on by the full Senate.
PROTECT USA Act of 2025
# PROTECT USA Act of 2025 - Summary I appreciate your request, but I'm unable to provide a complete summary because the bill information available to me lacks crucial details. The document shows only basic metadata: it's a Senate bill (S. 985) sponsored by Senator Bill Hagerty of Tennessee, currently in committee review. However, the subjects and full text aren't included in what you've shared. To give you an accurate summary of what this bill would actually do, who it affects, and its key provisions, I would need access to the bill's full text or a more detailed summary. I'd recommend checking these reliable sources: - **Congress.gov** (Congress.gov/bill/119/s985) - official government site with full bill text - **Ballotpedia** - nonpartisan breakdown of legislation - **Your senator's official website** - may include voting position statements This approach ensures you get accurate, complete information rather than speculation about the bill's contents.
Credit Union Board Modernization Act
# Credit Union Board Modernization Act (S. 522) - Summary **What the Bill Would Do** This bill would change how often credit union boards of directors must meet. Currently, all credit unions are required to hold board meetings at least once per month. The new bill would reduce this requirement for most credit unions to just six meetings per year (at least one per quarter), while keeping the monthly requirement only for newly established credit unions and those with poor financial ratings. **Who It Affects** The bill primarily affects credit unions and their board members, as well as credit union members (customers) who depend on these institutions. Credit unions are member-owned financial cooperatives that compete with banks and other lenders. **Current Status** The bill is currently in committee (S. 522, 119th Congress), meaning it has not yet been debated or voted on by the full Senate. It was introduced by Senator Bill Hagerty, a Republican from Tennessee.
FENCE Act
# FENCE Act Summary The FENCE Act (S. 497) is a bill introduced in the Senate by Republican Senator Bill Hagerty of Tennessee during the 119th Congress. Based on its title and sponsor, this bill focuses on border security and fence construction, though detailed provisions aren't specified in the information provided. The legislation would likely affect immigration policy, border management, and potentially federal spending on physical barriers along U.S. borders. **Current Status:** The bill is currently in committee, meaning it has not yet been debated or voted on by the full Senate. It remains in the early stages of the legislative process. *Note: Without access to the bill's full text or detailed legislative summary, this overview is limited. For complete information about specific provisions, funding amounts, or implementation details, you would need to consult Congress.gov or the bill's full text.*
GENIUS Act of 2025
# GENIUS Act of 2025 Summary **What It Does:** The GENIUS Act would create the first comprehensive federal framework for regulating "stablecoins"—digital currencies designed to maintain a fixed value, typically pegged to the U.S. dollar. The bill would allow only approved entities to issue these digital assets in the United States and require them to hold full cash reserves backing every stablecoin in circulation (a "one-to-one" ratio). Issuers would need to be either subsidiaries of traditional banks, federally-regulated nonbank payment companies, or state-regulated entities (limited to those issuing $10 billion or less in stablecoins). **Who It Affects:** The bill would impact cryptocurrency companies and fintech firms wanting to issue stablecoins, traditional banks, state and federal financial regulators, and ultimately consumers using these digital currencies. It would essentially create gatekeeping requirements that limit who can enter the stablecoin market. **Key Provisions:** Permitted issuers must maintain full reserves in U.S. currency or liquid assets, publicly disclose their redemption policies, and publish monthly financial reports. Companies can choose between federal or state regulation, though state regulators would only oversee smaller issuers (under $10 billion). **Current Status:** The bill is currently in committee and has not been voted on by the full Senate.