POLISCOPE
Back to feed
HR506FEDERALin_committee

Security First Act (HR)

Original title: Security First Act

January 16, 2025

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

Where This Stands

Introduced
Committee
Floor Vote
Passed
Signed

Currently in_committee. The next step in the legislative lifecycle is Floor Vote.

Last action
Referred to the Subcommittee on Counterterrorism and Intelligence.Jan 16, 2025
Lead sponsor

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

This bill is currently in the committee review stage and has not yet been enacted into law, meaning it currently has no impact on federal policy or resident services.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Subcommittee on Counterterrorism and Intelligence

The subcommittee is responsible for reviewing and determining the next steps for the legislation.

What changed

Current stage: in_committee.

What's next

Floor Vote.

Summary

The Security First Act is a federal bill currently under review by the Subcommittee on Counterterrorism and Intelligence. It is in the early stages of the legislative process.

Key Facts

  • The bill is titled the Security First Act.
  • The bill is classified as an HR (House of Representatives) bill.
  • The bill has been referred to the Subcommittee on Counterterrorism and Intelligence for initial review.

Frequently Asked Questions

Is this bill currently law?
No, the bill is currently in the committee review stage.
What happens next for this bill?
The Subcommittee on Counterterrorism and Intelligence will review the bill before deciding whether to advance it to the full committee.

Why It Matters

This bill is currently in the committee review stage and has not yet been enacted into law, meaning it currently has no impact on federal policy or resident services.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Lobbying Activity

60 Plus Association

2026

TAXATION/INTERNAL REVENUE CODEENVIRONMENT/SUPERFUNDCOPYRIGHT/PATENT/TRADEMARKHEALTH ISSUES

Signed a coalition letter opposing any efforts to raise the corporate tax rate above the 21% level set in the 2017 Tax Cuts and Jobs Act (TCJA). Signed a coalition in support of the Family Business Legacy Act, H.R. 6329. This legislation creates parity in the tax code between the estate and gift taxes by allowing an estate tax deduction for contributions to 501(c)(4), (c)(5), and (c)(6) organizations. Signed a coalition letter urging opposition to proposals that would raise taxes on carried interest investment income.The letter is urging Congress to reject the misnamed Carried Interest Fairness Act, legislation recently reintroduced by Senators Tammy Baldwin, Elizabeth Warren, Bernie Sanders, and other progressive members of Congress. This legislation that would increase the tax rate on carried interest investment by 70%, from 23.8% to 40.8%. Signed a coalition letter in support of H.R.574 - ALIGN Act and highlight the 100% bonus depreciation provision's importance as the tax cut reauthorization efforts continue. Signed a coalition to support of repealing IRA's green new deal subsidies in reconciliation to pay for tax cuts. Signed a coalition letter regarding digital services taxes (DST) in an effort to stop Canadas imposition of a discriminatory digital services tax (DST) on U.S. firms and your efforts to include restrictions on the imposition of DSTs and other unfair digital policies in recently announced trade agreements-providing a model for future trade negotiations. Signed a coalition letter urging the President to index capital gains for inflation.

Protect Democracy United (formerly known as UNITED TO PROTECT DEMOCRACY)

$70,000

2026

GOVERNMENT ISSUES

In support of the No Political Enemies Act to prevent executive punishing of individuals or organizations for constitutionally protected speech, belies, viewpoints, or political participation. In support of amending DHS appropriation riders to improve oversight and accountability on Department of Homeland security surveillance. In opposition to the SAVE America Act and requiring unnecessary barriers to voting. In support of increasing federal election security funding and identifying risks to election security and confidence posed by executive orders. In support of encouraging congressional members to uphold their legal duty to seat future lawfully elected members of Congress from the midterm elections. In support of reforms that strengthening the independence of the Judge Advocate General Corps through reforms of notification to Congress on before their termination. In support of reforms to protect independent legal advice within DoD and protect the non-political nature of the armed forces. In support of reforming the national emergencies framework to prevent executive abuses. Advocating in support of reforms that would prevent the executive branch from harming First Amendment rights of broadcasters.

Protect Democracy United (formerly known as UNITED TO PROTECT DEMOCRACY)

$70,000

2026

GOVERNMENT ISSUES

In support of the No Political Enemies Act to prevent executive punishing of individuals or organizations for constitutionally protected speech, belies, viewpoints, or political participation. In support of amending DHS appropriation riders to improve oversight and accountability on Department of Homeland security surveillance. In opposition to the SAVE America Act and requiring unnecessary barriers to voting. In support of increasing federal election security funding and identifying risks to election security and confidence posed by executive orders. In support of encouraging congressional members to uphold their legal duty to seat future lawfully elected members of Congress from the midterm elections. In support of reforms that strengthening the independence of the Judge Advocate General Corps through reforms of notification to Congress on before their termination. In support of reforms to protect independent legal advice within DoD and protect the non-political nature of the armed forces. In support of reforming the national emergencies framework to prevent executive abuses. Advocating in support of reforms that would prevent the executive branch from harming First Amendment rights of broadcasters.

Protect Democracy United (formerly known as UNITED TO PROTECT DEMOCRACY)

$70,000

2025

GOVERNMENT ISSUES

In support of the No Political Enemies Act to prevent executive punishing of individuals or organizations for constitutionally protected speech, belies, viewpoints, or political participation. In support of exploring enhanced reporting requirements to the Defense Production Act in the NDAA and tariff issuance to prevent executive abuse. In opposition to FCCs retaliatory agenda by advocating for meaningful First Amendment limits on its ability to punish news organizations for the content they air or the editorial decisions they make. In consideration of the Empowering SPEECH Act which primarily aims to protect First Amendment rights and related freedoms on college campuses In support of reforms that strengthening the independence of the Judge Advocate General Corps through reforms of notification to Congress on before their termination. In opposition to arbitrary deployments of National Guard members to American cities. In support of the Protecting Our Democracy Act to address abuses of presidential power, election security and integrity, and improving the system of checks and balances. In opposition to requiring documentary proof of citizenship through the U.S. Election Assistance Commission. In support of increasing federal election security funding. In support of maintaining the constitutional separation of powers ensuring that Congress has the power of the purse.

1607 STRATEGIES, LLC

on behalf of Structured Finance Association

2020

BANKINGFINANCIAL INSTITUTIONS/INVESTMENTS/SECHOUSINGTAXATION/INTERNAL REVENUE CODE

Issues affecting structured finance, the transition from LIBOR and Consumer Financial Protection Bureau actions affecting the expectations of market participants involved in securitization. Issues related to mortgage finance reform. Issues regarding Consumer Financial Protection Bureau rulemaking concerning qualified mortgages. Issues related to FASBs new accounting standards.

1607 STRATEGIES, LLC

on behalf of Structured Finance Association

2020

BANKINGFINANCIAL INSTITUTIONS/INVESTMENTS/SECHOUSINGTAXATION/INTERNAL REVENUE CODE

Issues affecting structured finance, the transition from LIBOR and Consumer Financial Protection Bureau actions affecting the expectations of market participants involved in securitization. Issues related to mortgage finance reform. Issues regarding Consumer Financial Protection Bureau rulemaking concerning qualified mortgages. Issues related to FASBs new accounting standards.

1607 STRATEGIES, LLC

on behalf of Structured Finance Association

2020

BANKINGFINANCIAL INSTITUTIONS/INVESTMENTS/SECHOUSINGTAXATION/INTERNAL REVENUE CODE

Issues affecting structured finance, the transition from LIBOR and Consumer Financial Protection Bureau actions affecting the expectations of market participants involved in securitization. Issues related to mortgage finance reform. Issues regarding Consumer Financial Protection Bureau rulemaking concerning qualified mortgages. Issues related to FASBs new accounting standards.

1607 STRATEGIES, LLC

on behalf of Structured Finance Association

2020

BANKINGFINANCIAL INSTITUTIONS/INVESTMENTS/SECHOUSINGTAXATION/INTERNAL REVENUE CODE

Issues affecting structured finance, the transition from LIBOR and Consumer Financial Protection Bureau actions affecting the expectations of market participants involved in securitization. Issues related to mortgage finance reform. Issues regarding Consumer Financial Protection Bureau rulemaking concerning qualified mortgages. Issues related to FASBs new accounting standards.

121 Strategies & Government Relations

on behalf of Gemalto, Inc.

2015

CONSUMER ISSUES/SAFETY/PRODUCTSHEALTH ISSUESHOMELAND SECURITYMEDICARE/MEDICAID

Financial services data breach; Protection of consumer personally identifiable information; Healthcare data breach; Medical identity theft; Healthcare fraud, waste and abuse.

121 Strategies & Government Relations

on behalf of Gemalto, Inc.

2015

CONSUMER ISSUES/SAFETY/PRODUCTSHEALTH ISSUESHOMELAND SECURITYMEDICARE/MEDICAID

Financial services data breach; Protection of consumer personally identifiable information; Healthcare data breach; Medical identity theft; Healthcare fraud, waste and abuse.

Sponsors

Connected Entities

organizationSubcommittee on Counterterrorism and IntelligenceThe congressional body currently reviewing the bill.Map →

Analysis Score

0–100
  • Significance10
    How much this matters to a regular citizen
  • Controversy0
    Intensity of disagreement among stakeholders
  • Entertainment0
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

Publisher tools

Share or embed this record

POLISCOPE publisher tools

Share or embed this record