Lucas, Frank D. [R-OK-3]
Republican · OK · 12 bills sponsored
PROTECT Taiwan Act
# PROTECT Taiwan Act Summary **What the Bill Does:** The PROTECT Taiwan Act would authorize the U.S. President to work toward excluding China from participation in six major international financial organizations—including the Group of Twenty (G20), the Bank for International Settlements, and the Financial Stability Board—if the President determines that China's actions threaten Taiwan or U.S. interests. The bill establishes this as official U.S. policy and requires the President to notify Congress before taking such action. **Who It Affects:** This bill primarily affects U.S. foreign policy toward China and Taiwan. It would impact international financial governance by potentially removing Chinese representation from key banking and financial regulatory bodies. Secondarily, it could affect global financial markets and international institutions, as well as countries with economic ties to China. **Current Status:** The bill has passed the House of Representatives. It now requires Senate approval and the President's signature to become law. The bill reflects congressional concern about Chinese actions toward Taiwan and represents an approach to leverage international financial institutions as a diplomatic tool.
Public Company Advisory Committee Act of 2026
# Summary of HR 6967: Public Company Advisory Committee Act of 2026 **What the Bill Would Do** HR 6967 would establish a new advisory committee to provide guidance on securities regulations and SEC policies affecting public companies. The bill aims to create a formal mechanism for public companies to offer input to the Securities and Exchange Commission on regulatory matters. By creating this advisory body, the legislation seeks to improve communication and coordination between the SEC and the businesses it regulates. **Who It Affects** This bill would primarily affect publicly traded companies, which would likely have representation on the advisory committee. It would also impact the SEC, which would receive recommendations from the committee. Indirectly, it could affect investors and employees of public companies if the advisory feedback leads to changes in securities regulations. **Current Status and Key Details** As of now, HR 6967 is in committee, meaning it has not yet been debated or voted on by the full House of Representatives. The bill was introduced by Rep. Frank Lucas (R-OK) and deals with administrative procedures and the SEC's regulatory authority. The specific composition of the advisory committee and its exact responsibilities would be detailed in the full bill text.
Retirement Fairness for Charities and Educational Institutions Act of 2025
# Retirement Fairness for Charities and Educational Institutions Act of 2025 **What the bill does:** This bill would expand investment options available in 403(b) retirement plans—special retirement savings accounts designed for employees of nonprofits, public schools, charities, and religious institutions. Currently, these plans have limited investment choices. The bill would allow them to invest in "collective investment trusts" (pooled investment funds managed by banks or trust companies) and "insurance company separate accounts" (investment accounts run by insurance companies). These are investment types already available in other retirement plans, so the bill essentially creates a more level playing field. **Who it affects:** The bill primarily affects employees working for nonprofits, public schools, colleges, charities, churches, and other religious organizations who have 403(b) retirement plans. It could also benefit plan administrators and financial institutions offering these services. **Current status:** The bill was introduced in the 119th Congress by Representative Frank Lucas (R-Oklahoma) and is currently in committee, meaning it hasn't yet been voted on by the full House of Representatives.
Weather Act Reauthorization Act of 2025
# Weather Act Reauthorization Act of 2025 - Summary **What the Bill Does:** The Weather Act Reauthorization Act of 2025 would renew and update federal funding and programs related to weather forecasting, atmospheric science, and disaster preparedness. Based on its subject areas, the bill appears to address weather monitoring systems, satellite technology, emergency communication networks, and coordination between government agencies and private companies in weather-related services. **Who It Affects:** This bill would impact the National Weather Service, NOAA, aviation industry, emergency management agencies, and the general public who rely on weather forecasts and disaster warnings. It could also affect private weather companies and technology contractors that work with the federal government. **Current Status:** The bill is currently in committee as of the 119th Congress. No action has been taken yet, meaning it remains in the early stages of the legislative process and has not been voted on by either chamber of Congress.
MINT Act of 2025
# MINT Act of 2025 Summary I don't have access to the specific details of HR 4459 (the MINT Act of 2025) in my training data, so I cannot provide you with an accurate summary of what this bill would do, which provisions it contains, or who it would affect. To get reliable information about this bill, I recommend: - **Congress.gov**: Search for "HR 4459" to see the full text, sponsors, and current status - **House Clerk's website**: For official bill status and committee assignments - **House Administration Committee website**: Since it's currently in committee, you can find hearing information there - **Representative Lucas's official website**: For the sponsor's stated intent If you can share the bill's summary or key provisions, I'd be happy to help you understand them in plain language.
Agricultural Risk Review Act of 2025
# Agricultural Risk Review Act of 2025 - Summary **What the Bill Does:** This bill creates a new process for reviewing foreign purchases of agricultural land in the United States. When the Department of Agriculture (USDA) identifies a foreign buyer attempting to purchase farmland or agricultural property, it must notify CFIUS (a government committee that reviews foreign investments for national security concerns). CFIUS would then decide whether to launch a formal national security review of the transaction before it's completed. **Who It Affects:** The bill primarily affects foreign investors interested in buying U.S. agricultural land, as well as American farmers and landowners who might sell to foreign buyers. It also expands the powers of CFIUS, which traditionally reviews high-tech industries and critical infrastructure. Supporters argue this protects American food security and prevents foreign countries (particularly those named in the bill like China, Russia, and Iran) from controlling U.S. farmland. **Current Status:** The bill has passed the House of Representatives and is awaiting consideration in the Senate. It reflects growing concerns among lawmakers about foreign ownership of American agricultural land, though it gives government agencies significant discretion in determining which land sales pose genuine national security risks.
Weather Act Reauthorization Act of 2025
# Weather Act Reauthorization Act of 2025 Summary This bill would reauthorize the Weather Act, legislation that authorizes federal funding and programs for weather-related services and research. The bill is sponsored by Representative Frank Lucas (R-OK) and is currently under review in a House committee. While specific details about which weather programs would be funded or modified aren't publicly available yet, reauthorization bills typically renew expiring federal authorities and may adjust funding levels, program requirements, or modernize existing weather initiatives. The bill would primarily affect the National Weather Service, NOAA (National Oceanic and Atmospheric Administration), meteorological researchers, and the public who rely on weather forecasting and alerts. Weather agencies use these authorizations to maintain infrastructure like weather radar systems, satellites, and local forecast offices that provide critical information for public safety and economic planning—from severe storm warnings to hurricane tracking. The bill is currently in committee, meaning it hasn't yet been debated or voted on by the full House. Additional details about specific funding amounts, program changes, or new provisions would become clearer as the bill moves through the legislative process.
Securing Innovation in Financial Regulation Act
# Securing Innovation in Financial Regulation Act Summary **What the Bill Would Do:** HR 3690 aims to modernize how federal financial regulators oversee innovation in the financial sector. While specific details aren't publicly available in the summary provided, bills with this title typically seek to streamline the regulatory approval process for new financial technologies and services, potentially creating clearer pathways for fintech companies and traditional financial institutions to develop and deploy innovative products. **Who It Affects:** This bill would impact financial technology companies (fintech), traditional banks, investment firms, and ultimately their customers. It would also affect federal regulatory agencies like the Securities and Exchange Commission (SEC), the Federal Reserve, and the Consumer Financial Protection Bureau (CFPB), which would need to adjust their oversight procedures. **Current Status:** The bill is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full House. It was sponsored by Representative Frank D. Lucas, a Republican from Oklahoma. For detailed provisions and the bill's current progress, you can review the full text on Congress.gov. *Note: The specific legislative language would clarify exactly what regulatory changes are proposed.*
CASH Act
# CASH Act Summary I can see this bill is currently in committee in the House, but the information provided doesn't include the actual text or detailed provisions of HR 3244. Without access to the bill's specific language, I cannot accurately summarize what it would do, who it affects, or its key provisions. **To provide you with a reliable summary, I would need:** - The bill's full text or official summary from Congress.gov - Details about its stated purpose and provisions - Information about affected groups or industries If you can share the bill text or a link to it on Congress.gov, I'd be happy to summarize it for you accurately. Alternatively, you can find complete information about any congressional bill at **Congress.gov** by searching the bill number (HR 3244).
Aviation Education Remaining Operational Act
# AERO Act Summary **What the Bill Does** The Aviation Education Remaining Operational Act (AERO Act) would require the Federal Aviation Administration (FAA) to keep its training academy in Oklahoma City operating during a government shutdown or budget crisis. Specifically, it would protect air traffic controller training programs from being halted when federal funding temporarily runs out. The bill would also exempt FAA employees working at the academy and FAA trainees from furloughs (temporary unpaid leaves), requiring them to continue working without pay until funding resumes. **Who It Affects** This bill primarily impacts air traffic controller trainees and FAA staff at the Oklahoma City academy. Indirectly, it affects the broader aviation system, since interruptions to controller training could affect the pipeline of qualified personnel managing U.S. airspace. Oklahoma residents and the local economy around the training facility could also be affected. **Current Status** The bill is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full House of Representatives. The bill was sponsored by Representative Frank Lucas, a Republican from Oklahoma.
DOE and USDA Interagency Research Act
# DOE and USDA Interagency Research Act Summary **What the bill does:** This legislation requires the Department of Energy (DOE) and Department of Agriculture (USDA) to work together on joint research projects through a formal agreement. The bill allows these agencies to share funding and collaborate on research in areas like artificial intelligence, biofuels, renewable energy, rural technology, and wildfire prevention. Research proposals would be selected through a competitive, merit-based review process open to federal agencies, national labs, universities, and nonprofit organizations. **Who it affects:** The bill primarily affects researchers, scientists, and institutions (universities and nonprofits) that pursue federal research funding in energy and agriculture. Farmers and rural communities could benefit from new technologies developed through these collaborations. Taxpayers fund these agencies, so the bill affects how federal research dollars are spent. **Current status:** The bill has passed the House of Representatives and is awaiting Senate action. As written, it's a relatively narrow bill focused on improving how two federal agencies coordinate their research efforts rather than creating new programs or significantly increasing spending.
Commercial Remote Sensing Amendment Act of 2025
# Commercial Remote Sensing Amendment Act of 2025 - Plain Language Summary **What the Bill Does:** This bill speeds up the process for private companies to get licenses to operate commercial satellites that collect images and data of Earth. Currently, the National Oceanic and Atmospheric Administration (NOAA) has 120 days to review and approve these applications; the bill cuts this timeline in half to 60 days. The bill also requires NOAA to provide more detailed public reporting about these licenses, including a complete list of all applications and explanations for how each one is categorized. **Who It Affects:** Private satellite and remote sensing companies would benefit from faster approval times, potentially allowing them to launch their operations more quickly. The general public would gain transparency through expanded reporting requirements. The bill doesn't directly affect individual citizens but relates to the growing commercial space industry. **Current Status:** The bill has already passed the House of Representatives. It would need to pass the Senate and be signed by the President to become law. The bill aims to support commercial competition in the satellite industry while maintaining government oversight through NOAA's licensing authority.