Statements on Introduced Bills and Joint Resolutions
Floor Speech
3350
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.
This Act may be cited as the ``ACO Assignment Improvement Act of 2025''. SEC. 2. IMPROVEMENTS TO THE ASSIGNMENT OF BENEFICIARIES UNDER THE MEDICARE SHARED SAVINGS PROGRAM.
Section 1899(c)(1) of the Social Security Act (42 U.S.C. 1395jjj(c)(1)) is amended--
(1) in subparagraph (A), by striking ``and'' at the end;
(2) in subparagraph (B), by striking the period at the end and inserting ``; and''; and
(3) by adding at the end the following new subparagraph:
``(C) in the case of performance years beginning on or after January 1, 2026, primary care services provided under this title by an ACO professional described in subsection (h)(1)(B).''. ______
By Mr. BARRASSO (for himself and Mr. Bennet):
S. 3352. A bill to amend the Internal Revenue Code of 1986 to permit rollover contributions from Roth IRAs to designated Roth accounts; to the Committee on Finance.
3352
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.
This Act may be cited as the ``Retirement Rollover Flexibility Act''. SEC. 2. ROLLOVER CONTRIBUTIONS FROM ROTH IRAS TO DESIGNATED ROTH ACCOUNTS.
(a) Treatment as Rollover Distribution for Purposes of Roth IRA.--
(1) In general.--Section 408(d)(3)(A) of the Internal Revenue Code of 1986 is amended by striking ``; or'' at the end of clause (i) and inserting a comma, by striking the period at the end of clause (ii) and inserting ``, or'' and by inserting after clause (ii) the following new clause:
``(iii) the entire amount received (including money and any other property) is paid in a direct trustee-to-trustee transfer to a designated Roth account (within the meaning of section 402A)--
``(I) from an eligible Roth IRA, or
``(II) in an automatic portability transaction (as defined in section 4975(f)(12)(A)(i)).''.
(2) Eligible roth ira.--Section 408(d)(3) is amended by adding at the end the following new subparagraph:
``(J) Eligible roth ira.--For purposes of subparagraph (A)(iii), the term `eligible Roth IRA' means a Roth IRA which--
``(i) is the only Roth IRA (other than a Roth IRA established under section 401(a)(31)(B)(i)) maintained for the benefit of the individual during the taxable year of the taxpayer in which the distribution or payment described in subparagraph (A)(iii) is made, and
``(ii) has a balance at the time of the payment or distribution which is not in excess of the amount described in section 401(a)(31)(B)(ii).''.
(b) Treatment as Rollover Contribution for Purposes of Designated Roth Account.--
(1) In general.--Section 402A(c)(3)(B) of the Internal Revenue Code of 1986 is amended by inserting ``or under section 408(d)(3)(A)(iii)'' after ``subparagraph (A)''.
(2) Treatment of earnings in case of taxable distributions.--Section 402A(d) of such Code is amended by adding at the end the following new paragraph:
``(6) Treatment of roth ira rollover contributions.-- Notwithstanding section 72, the total amount of any rollover contribution to a designated Roth account under section 408(d)(3)(A)(iii) shall be treated as investment in the contract.''.
(c) Coordination With Nonexclusion Period.--Section 402A(d)(2)(B) of such Code is amended--
(1) by striking ``earlier'' in the matter preceding subclause (i) and inserting ``earliest'',
(2) by striking ``or'' at the end of clause (i),
(3) by striking the period at the end of clause (ii), and
(4) by adding at the end the following:
``(iii) if a rollover contribution was made to such designated Roth account from a Roth IRA under section 408(d)(3)(A)(iii)(II) and the automatic portability provider (as defined in section 4975(f)(12)(A)(ii)) provides the first taxable year to which a contribution was made to the source plan, the first taxable year in which the individual made contributions to the source plan. For purposes of clause (iii), the term `source plan' means the eligible retirement plan (as defined in section 401(a)(31)(B)(ii)) from which amounts were transferred to the Roth IRA as described in section 4975(f)(12)(A)(i)(I).''.
(d) Effective Date.--The amendments made by this section shall apply to amounts paid or distributed after the date of the enactment of this Act.
By Ms. Collins (for herself, Mr. King, and Mrs. Shaheen):
S. 3353. A bill to authorize the Secretary of Agriculture to provide grants to States, territories, and Indian Tribes to address contamination by perfluoroalkyl and polyfluoroalkyl substances on farms, and for other purposes; to the Agriculture, Nutrition, and Forestry.
3377
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. DELAYED IMPLEMENTATION OF RULE RELATING TO IMPORTATION OF SHEEP AND GOATS AND PRODUCTS DERIVED FROM SHEEP AND GOATS.
(a) In General.--During the period beginning on the date of the enactment of this Act and ending on the date that is 1 year after the date on which the report is submitted under subsection (b), the Secretary of Agriculture, and any other Federal official, may not finalize, implement, administer, or enforce the proposed rule entitled ``Importation of Sheep, Goats, and Certain Other Ruminants'' (81 Fed. Reg. 46619) and dated July 18, 2016.
(b) Study and Report.--
(1) Study.--
(A) In general.--The Secretary of Agriculture shall conduct a study on the potential costs and benefits of the rule referred to in subsection (a).
(B) Contents.--The study required by subparagraph (A) shall assess--
(i) the estimated amount of sheep and goat meat imported into the United States as a result of the implementation of the rule referred to in subsection (a);
(ii) the estimated increase in the number of live sheep and goats imported into the United States as a result of the rule;
(iii) the estimated demand for sheep and goat meat in the United States during the 10-year period beginning on the date of the enactment of this Act, disaggregated by region and State;
(iv) the impact of the COVID-19 pandemic on the economic data and market conditions for imports of sheep and goat meat and live sheep and goats;
(v) the potential effects of the rule on--
(I) the supply and prices of live sheep and goats in the United States;
(II) producers of and markets for live sheep and goats in the United States, disaggregated by region and State;
(III) export opportunities for United States producers of sheep and goat meat;
(IV) the competitiveness of the sheep and goat industries in the United States;
(V) consumer confidence in sheep and goat meat;
(VI) the health of sheep and goat herds in the United States; and
(VII) disease outbreaks across species of animals;
(vi) the estimated amount of direct payments made by foreign countries to producers of live sheep and goats in such countries as a result of the implementation of the rule referred to in subsection (a); and
(vii) any negative impacts that could result from the implementation of the rule referred to in subsection (a) not covered by clauses (i) through (vi).
(2) Report.--
(A) In general.--Not later than 1 year after the date of the enactment of this Act, the Secretary of Agriculture shall submit to the committees specified in subparagraph (B) a report that includes--
(i) an analysis of the results of the study conducted under paragraph (1); and
(ii) recommendations for changes to the rule referred to in subsection (a) to eliminate or mitigate any negative effects of the implementation of the rule.
(B) Committees specified.--The committees specified in this subparagraph are--
(i) the Committee on Agriculture, Nutrition, and Forestry, the Committee on Foreign Relations, the Committee on Finance, and the Committee on Homeland Security and Governmental Affairs of the Senate; and
(ii) the Committee on Agriculture, the Committee on Foreign Affairs, and the Committee on Oversight and Reform of the House of Representatives.
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