This bill makes changes to several federal programs, including increasing participation in retirement plans, providing apprenticeship training for members of the military, and increasing penalties for human trafficking. It also establishes new programs like a Boots to Business initiative to help current and former military members start their own businesses.
Latest Action
Referred to the Subcommittee on Health.
AI Summary
Plain-English explanation of this bill
This bill makes changes to several federal programs, including increasing participation in retirement plans, providing apprenticeship training for members of the military, and increasing penalties for human trafficking. It also establishes new programs like a Boots to Business initiative to help current and former military members start their own businesses.
Last updated: 12/29/2025
Official Summary
Congressional Research Service summary
<p><strong>Responsible Legislating Act </strong> </p> <p>This bill establishes or modifies various federal programs, including programs to increase participation in tax-exempt retirement plans, assist members of the Armed Forces, and increase penalties for human trafficking. </p> <p>Among other provisions, the bill</p> <ul> <li>extends through FY2024 livestock mandatory reporting requirements under the Livestock Mandatory Reporting Act of 1999;</li> <li>provides for apprenticeship training for members of the Armed Forces; </li> <li>makes various changes to tax-exempt pension plan provisions, including expanding automatic enrollment, increasing the tax credit for retirement savings contributions, and increasing the age for mandatory minimum distributions;</li> <li>establishes a Boots to Business Program to assist current and former members of the Armed Forces, including members of the National Guard and Reserves, interested in business ownership;</li> <li> increases criminal penalties for human trafficking and coercion and enticement in school zones;</li> <li>establishes the Commission to Study the Potential Creation of a National Museum of Asian Pacific American History and Culture;</li> <li>requires a report on increasing foreign direct investment in semiconductor-related manufacturing and production; and </li> <li> directs the Federal Maritime Commission, through a federally-funded research and development center, to evaluate the effect of foreign ownership of marine terminals at the 15 largest U.S. container ports on U.S. economic security.</li> </ul> <p>The bill appropriates funds in FY2024 for programs or divisions of the Departments of Health and Human Services, Agriculture, State, Defense, Homeland Security, and Energy.</p>
Key Points
Main provisions of the bill
Extends mandatory livestock reporting requirements through 2024
Provides apprenticeship training for members of the Armed Forces
Expands automatic enrollment and increases tax credits for retirement savings plans
Establishes a program to help current and former military members start businesses
Increases criminal penalties for human trafficking and related crimes
How This Impacts Americans
Potential effects on citizens and communities
This bill would impact members of the military, retirees, and victims of human trafficking. It could make it easier for military members to save for retirement and start businesses after leaving the service. The increased penalties for human trafficking could lead to more prosecutions and protections for victims.
Policy Areas
Primary Policy Area
Labor and Employment
Related Subjects
Administrative law and regulatory procedures
Advisory bodies
Agricultural marketing and promotion
Appropriations
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business records
Central Intelligence Agency (CIA)
Child safety and welfare
Computers and information technology
+9 more
Scope & Jurisdiction
Jurisdiction Level
federal
Congressional Session
119th Congress
Citation Reference
5673, 119th Congress (2025). "Stop the Trump Electricity Price Hikes Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-5673
