Improving the Lives of the American People Act

Key Points

• The bill bans Members of Congress, the President, the Vice President, and their spouses and dependent children from owning or trading individual stocks, commodities, futures, and similar investments. Violators face a penalty of 10% of the investment's value and must give up any profits.
• Most workers in the U.S. would earn at least 1 hour of paid time off for every 25 hours worked, up to 80 hours per year. Employers cannot require workers to disclose why they are taking leave or force them to find a replacement.
• Military service members would receive a 4% pay raise starting October 1, 2026, and veterans receiving wartime disability compensation would get a 3% increase on the same date.
• Medicare would begin covering fall prevention items like grab bars, non-slip mats, shower chairs, and bed rails. This coverage would take effect 60 days after enactment.
• The bill restores clean energy tax credits for wind and solar that were cut by a recent reconciliation law, and it permanently bans oil and gas leasing off the coasts of Maine, New Hampshire, Massachusetts, Rhode Island, and Connecticut.
• The bill repeals Medicaid-related provisions from the recent reconciliation law (Public Law 119-21), restoring prior rules. It also codifies a rule banning medical debt from consumer credit reports and appropriates funding to preserve Head Start early education programs.