Trent Kelly

This resolution expresses support for recognizing a Day of Tears and lowering flags to half-staff to honor unborn lives lost to abortion.

This bill designates the facility of the United States Postal Service located at 825 Highway 198 in Beaumont, Mississippi, as the "Jeremy Malone Post Office".

**Strengthening our Servicemembers with Milk Act** This bill requires the Department of Defense (DOD) to provide varieties of fluid or powdered milk (e.g., unflavored or organic) to members of the Armed Forces at dining facilities on military installations. Under the bill, DOD is prohibited from purchasing such milk from an entity owned or controlled by a foreign adversary.

This bill increases funding for the Conservation Stewardship Program. As background, this Department of Agriculture program provides financial and technical assistance to agricultural producers to maintain and improve existing conservation systems and to adopt additional conservation activities in a comprehensive manner on a producer's entire operation.

This bill addresses trade between the United States and covered countries. Under this bill, a *covered country* is any country excluding Belarus, Cuba, and North Korea. Specifically, the bill authorizes the President to determine that Section 402 of the Trade Act of 1974 (commonly known as the Jackson-Vanik amendment) does not apply to a covered country. The Jackson-Vanik amendment denies normal trade relations (NTR) status to some current and former nonmarket economy countries unless they comply with certain freedom-of-emigration requirements. Under a provision of this amendment, the President may extend NTR status to a country affected by the amendment by waiving the freedom-of-emigration requirements or determining that the country is not in violation of those requirements, subject to an annual review. Additionally, the bill authorizes the President to extend permanent NTR status to a covered country.

This bill increases the annual limit on the tax credit for qualified railroad track maintenance expenses (also referred to as the short line railroad tax credit) and expands eligibility for claiming the credit. Under current law, the tax credit is limited each tax year to $3,500 multiplied by the sum of the number of miles of railroad track owned or leased by the taxpayer (miles owned or leased) and the number of railroad track miles assigned to the taxpayer by a Class II or III railroad (miles assigned). This bill increases the annual limit to $6,100 multiplied by the sum of miles owned or leased and miles assigned. The $6,100 amount used in the calculation of the tax credit limit is adjusted for inflation for tax years beginning after 2025. The bill also expands eligibility for the tax credit to include gross expenses for maintaining railroad tracks owned or leased as of January 1, 2024. Under current law, the tax credit is limited to gross expenses for maintaining railroad tracks owned or leased as of January 1, 2015.