Timmons, William R. [R-SC-4]
Republican · SC · 10 bills sponsored
REVIEW Act of 2025
# REVIEW Act of 2025 - Summary **What the Bill Does:** The REVIEW Act of 2025 (HR 6544) would establish new congressional oversight mechanisms for banking and financial institutions regulation. While the specific provisions aren't detailed in the available information, the bill's subjects indicate it would affect how federal agencies regulate banks, credit markets, and financial services, and would likely require additional government studies or investigations into these areas. The bill would also impact how financial information is archived and made available. **Who It Affects:** This legislation would primarily affect banks and other financial institutions subject to federal regulation, as well as Congress itself (which would gain oversight tools). Indirectly, it could impact consumers and businesses that use financial services, depending on what specific regulatory changes result from the oversight mechanisms. **Current Status:** The bill is currently in committee, meaning it has been introduced but hasn't yet advanced to a full floor vote in the House. It was sponsored by Representative William Timmons (R-SC). At this early stage, the bill has not been passed and may not advance further. *Note: More detailed provisions would be available in the full legislative text.*
Federal Acquisition Security Council Improvement Act of 2026
# Federal Acquisition Security Council Improvement Act of 2026 (HR 7274) - Summary **What the Bill Would Do:** This bill would modify how the Federal Acquisition Security Council (FASC) operates. The FASC is a government body responsible for reviewing and blocking purchases of equipment, software, and services by federal agencies when they pose national security risks. The bill would change the council's procedures, decision-making processes, or authority—though specific details aren't provided in the available summary. **Who It Affects:** The bill would primarily affect federal agencies that purchase technology and equipment, the companies that sell to the government, and potentially national security. It could impact supply chain decisions across the federal government and defense contractors. **Current Status:** As of now, the bill is in committee and has not yet advanced further through Congress. This means it's in early stages and would require approval from the relevant committee before it could be voted on by the full House of Representatives. *Note: The full text of the bill would contain specific details about what changes are being proposed to the FASC's operations.*
Federal Supervisor Education Act
# Federal Supervisor Education Act Summary **What It Does:** This bill requires the federal government to establish mandatory training programs for all federal supervisors. Supervisors must complete training within one year of taking their position and then every three years after that. The training covers three main areas: how to set performance goals for employees, employee rights and rules against unfair personnel practices, and guidance for new or struggling supervisors. The Office of Personnel Management (OPM) will create the regulations and set standards for what supervisors should know to effectively manage their teams. **Who It Affects:** This bill directly impacts federal supervisors across all government agencies and indirectly affects their employees. The OPM will oversee implementation, and individual agencies will design and deliver the training programs for their supervisors. **Current Status:** The bill has passed the House of Representatives and is sponsored by Rep. William Timmons (R-SC). It now awaits consideration in the Senate.
Improving Capital Allocation for Newcomers Act of 2025
# Plain Language Summary: Improving Capital Allocation for Newcomers Act of 2025 **What it does:** This bill makes it easier for certain investment firms to qualify as "venture capital funds" by loosening the rules about how many owners they can have and how much money they can manage. Currently, venture capital funds can have no more than 250 owners and $10 million in capital. The bill would increase these limits to 2,000 owners and $150 million. Venture capital funds get special regulatory breaks—they don't have to follow all the same filing, auditing, and communication rules that other investment firms do. **Who it affects:** The bill primarily benefits newer or smaller venture capital firms looking to grow their investor base and assets while maintaining their regulatory advantages. It could also affect investors in these funds and potentially entrepreneurs seeking venture capital funding. The changes make the venture capital category accessible to larger, more established firms than currently allowed. **Current status:** The bill has passed the House of Representatives and is moving through the legislative process. It would need Senate approval and presidential signature to become law.
Clean and Managed Public Spaces Act
# Clean and Managed Public Spaces Act Summary **What the Bill Would Do:** This bill would make it illegal to camp outdoors on public property in Washington, D.C. Anyone caught violating this rule could face a fine of up to $500, jail time of up to 30 days, or both punishments combined. **Who It Affects:** The bill primarily targets homeless individuals or others living in temporary shelters on public lands in D.C., including parks and other government-owned spaces. It would also affect enforcement agencies responsible for implementing and monitoring the new rule. **Current Status:** The bill was introduced by Representative William Timmons (R-SC) in the 119th Congress and is currently in committee, meaning it has not yet been voted on by the full House of Representatives. It remains in the early stages of the legislative process.
SMART Act of 2025
# SMART Act of 2025 Summary **What the Bill Does** The SMART Act of 2025 (HR 4437) would establish new regulations and oversight requirements for how banks handle customer accounts, deposits, and capital. The bill appears to focus on banking and financial institutions regulation, potentially requiring changes to how banks manage business records and their own financial operations. Congress would gain expanded authority to investigate and oversee these banking practices. **Who It Affects** This bill would primarily impact banks and other financial institutions, which would need to comply with new requirements. Customers with bank accounts and deposits could be affected depending on what specific provisions the bill contains. Businesses that rely on banking services would also be touched by any changes to how financial institutions operate. **Current Status** As of now, HR 4437 is in committee, meaning it has not yet been debated or voted on by the full House of Representatives. The bill was introduced by Representative William Timmons (R-SC). Since it's still in the early stages, the specific details of what the bill would require are not yet available in public summaries. *Note: Without access to the bill's full text, this summary reflects the general subject areas indicated. For detailed provisions, readers should consult Congress.gov or the bill's complete text.*
Fit for Duty Act
# Fit for Duty Act Summary I don't have access to the detailed text or provisions of HR 4536 (Fit for Duty Act) to provide you with accurate, specific information about what it would do, who it affects, or its key provisions. The basic information available shows only that it's a House bill sponsored by Representative William Timmons (R-SC) currently in committee, but these details alone don't explain the bill's actual purpose or impact. To get a reliable summary, I'd recommend: - **Congress.gov**: Search "HR 4536" for the full bill text and summaries - **Representative Timmons' website**: Often includes sponsor statements explaining their bills' intent - **News sources**: Major outlets sometimes cover significant legislation If you can share the bill's actual text or summary, I'd be happy to explain it in plain language.
Timely and Accurate Benefits Act
# Timely and Accurate Benefits Act (HR 1755) - Summary **What the Bill Does:** The Timely and Accurate Benefits Act would establish requirements to improve how federal benefits are delivered and managed. While specific details aren't provided in the available information, the bill's title suggests it aims to ensure that Social Security, Medicare, veterans' benefits, and similar federal programs are administered more quickly and accurately, reducing errors and delays that beneficiaries currently experience. **Who It Affects:** This bill would primarily affect people who receive federal benefits, including seniors receiving Social Security, Medicare beneficiaries, veterans, disabled individuals, and others enrolled in federal assistance programs. It could also impact the federal agencies responsible for administering these programs. **Current Status:** As of now, HR 1755 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. William Timmons (R-SC) but remains in the early stages of the legislative process. *Note: Limited details about specific provisions are currently available for this bill.*
Old Glory Only Act
# Old Glory Only Act (HR 465) Summary **What It Would Do** This bill would require that only the U.S. flag be flown above U.S. diplomatic and consular posts (embassies, consulates, and similar government facilities abroad). Currently, these locations sometimes display other flags alongside the American flag, such as state flags or organizational flags. If passed, this legislation would eliminate that practice and mandate the U.S. flag as the sole flag displayed at these government buildings. **Who It Affects and Current Status** The bill primarily affects the State Department and other federal agencies that oversee diplomatic facilities worldwide. It has minimal direct impact on the general public, though it could affect diplomatic protocols and symbolism at U.S. facilities abroad. Currently, the bill is in committee, meaning it has been assigned to a congressional committee for review and has not yet been voted on by the full House of Representatives.
PPP Shell Company Discovery Act
# PPP Shell Company Discovery Act Summary **What the Bill Does** This bill would require the Internal Revenue Service (IRS) to identify and investigate potentially fraudulent Paycheck Protection Program (PPP) loans—federal emergency funds distributed during the COVID-19 pandemic. Specifically, the IRS would create lists of loan recipients whose loans were forgiven and flag suspicious cases, then notify the Department of Justice for possible prosecution. **Key Provisions & Who It Affects** The bill targets three categories of potential fraud: (1) PPP loan recipients who received forgiveness but didn't pay payroll taxes in 2019, suggesting they may not have been legitimate businesses; (2) recipients whose total PPP loans exceeded four times their actual monthly wages in 2019, indicating they may have received more aid than they were entitled to; and (3) all other PPP recipients whose loans were forgiven. The measure primarily affects PPP borrowers suspected of misusing funds, while supporting law enforcement efforts to hold fraudsters accountable. **Current Status** The bill is currently in committee and has not yet been voted on by the full House. It was introduced by Rep. William Timmons (R-SC) in the 119th Congress.