Taxation

Bipartisan HSA Improvement Act of 2018

United States · United States Congress · 1 March 2018

Bipartisan HSA Improvement Act of 2018 This bill amends the Internal Revenue Code to modify various requirements for health savings accounts (HSAs). The bill allows: individuals participating in an HSA to receive or be eligible to receive specified items and services at onsite employee clinics and retail health clinics, individuals who are covered by a spouse's health flexible spending arrangement to contribute to an HSA, high deductible health plans that are required for an HSA to include coverage with no deductible for care and prescription medications related to the treatment of medically complex chronic conditions, and HSAs to be used for certain sports and fitness expenses. The bill also: expands the definition of insurance that is permitted under an HSA to include insurance consisting of coverage for excepted benefits (Excepted benefits are not subject to certain requirements under the Patient Protection and Affordable Care Act.), modifies the definition of a dependent to include a child who has not attained the age of 27, and modifies the eligibility rules and other requirements for individuals who also participate in health flexible spending arrangements or health reimbursement arrangements.

America's College Promise Act of 2018

United States · United States Congress · 1 March 2018

America's College Promise Act of 2018 This bill requires the Department of Education (ED) to award grants to states and Indian tribes to waive tuition and fees at community colleges. To receive a grant, states and Indian tribes must agree to waive tuition and fees at all their community colleges and for all eligible students. The bill appropriates $1.5 billion in FY2019, an increasing annual amount through FY2027, and $15.7 billion for FY2028 and each succeeding fiscal year for grants under this community college program. This bill also requires ED to award grants to four-year historically black colleges and universities (HBCUs) and other minority-serving institutions (MSIs) to waive or reduce tuition and fees for up to 60 credits for low-income students. HBCUs and MSIs that participate must: (1) enroll a student body that contains at least 35% low-income students; (2) maintain or adopt reforms and practices to improve completion rates and student outcomes; (3) set performance goals; and (4) execute an articulation agreement with community colleges, if accepting transfer students. It appropriates $61 million for FY2019, an increasing annual amount through FY2027, and $1.6 billion for FY2028 and each succeeding fiscal year for grants under this HBCU/MSI program.

End Taxpayer Subsidies for Drug Ads Act

United States · United States Congress · 1 March 2018

End Taxpayer Subsidies for Drug Ads Act This bill amends the Internal Revenue Code to prohibit tax deductions for expenses relating to direct-to-consumer advertising of prescription drugs. "Direct-to-consumer advertising" is any dissemination, by or on behalf of a sponsor of a prescription drug product, of an advertisement that is: (1) in regard to the drug product, and (2) primarily targeted to the general public.

Gun Violence Prevention and Safe Communities Act of 2018

United States · United States Congress · 27 February 2018

Gun Violence Prevention and Safe Communities Act of 201 8 This bill amends the Internal Revenue Code, with respect to the excise tax on the sale of firearms by manufacturers, producers, or importers, to: (1) increase the rate of such tax to 20% on pistols, revolvers, and other firearms and on any lower frame or receiver for a firearm; and (2) impose a 50% tax on shells and cartridges. The bill exempts any department, agency, or instrumentality of the United States from such tax. The bill allocates revenues from the increased excise tax under this bill for law enforcement and public safety grant programs, including programs for research on gun violence and its prevention. The bill: (1) increases the occupational tax on importers, manufacturers, and dealers in firearms and the transfer tax on firearms; and (2) modifies the definition of "firearm" for excise tax purposes to include a semiautomatic pistol chambered for cartridges and configured with receivers commonly associated with rifles and capable of accepting detachable magazines.

USAccounts: Investing in America's Future Act of 2018

United States · United States Congress · 27 February 2018

USAccounts: Investing in America's Future Act of 201 8 This bill establishes in the Treasury the USAccount Fund from which the Department of the Treasury must make an initial $500 automatic contribution and subsequent matching contributions of up to $500 annually to accounts known as USAccounts. USAccounts shall be established under this bill for individuals born after December 31, 2018, who have not yet attained age 18. The bill provides for contributions by the government and the private sector to such USAccounts and allows tax-exempt distributions from such accounts for higher education expenses and for funding the individual retirement accounts of an account holder, but prohibits any distributions before an account holder reaches age 18. The bill establishes in the executive branch a USAccount Fund Board to manage investments in the USAccount Fund. The bill amends the Internal Revenue Code to: (1) exempt the USAccount Fund and USAccounts from income taxation, (2) increase the amount of the child tax credit by the applicable USAccount contribution amount, and (3) require the Internal Revenue Service to notify taxpayers of their potential eligibility for the earned income tax credit.

No Tax Breaks for Outsourcing Act

United States · United States Congress · 27 February 2018

No Tax Breaks for Outsourcing Act This bill amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: eliminate an exemption for certain returns from tangible investments made overseas, eliminate deductions for a domestic corporation's foreign-derived intangible income and global intangible low-taxed income, repeal a provision that excludes foreign oil and gas extraction income from the tested income of a controlled foreign corporation, limit the tax deduction for the interest expenses of a U.S. corporation that is a member of a financial reporting group (i.e., a group that prepares consolidated financial statements according to generally accepted accounting principles or international financial reporting standards), modify the rules for the taxation of inverted corporations (U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States), and treat certain foreign corporations managed and controlled primarily in the United States as domestic corporations for tax purposes.

No Tax Breaks for Outsourcing Act

United States · United States Congress · 27 February 2018

No Tax Breaks for Outsourcing Act This bill amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: eliminate an exemption for certain returns from tangible investments made overseas, eliminate deductions for a domestic corporation's foreign-derived intangible income and global intangible low-taxed income, repeal a provision that excludes foreign oil and gas extraction income from the tested income of a controlled foreign corporation, limit the tax deduction for the interest expenses of a U.S. corporation that is a member of a financial reporting group (i.e., a group that prepares consolidated financial statements according to generally accepted accounting principles or international financial reporting standards), modify the rules for the taxation of inverted corporations (U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States), and treat certain foreign corporations managed and controlled primarily in the United States as domestic corporations for tax purposes.

Jobs and Childcare for Military Families Act of 2018

United States · United States Congress · 27 February 2018

Jobs and Childcare for Military Families Act of 2018 This bill amends the Internal Revenue Code to allow a work opportunity tax credit for hiring a qualified military spouse. A "qualified military spouse" is the spouse or domestic partner (as recognized under state law or by the Armed Forces) of a member of the Armed Forces. The bill also requires the Department of Defense and the Department of Homeland Security (with respect to the Coast Guard) to implement flexible spending arrangements that permit members of the Armed Forces to use basic pay and compensation to pay for childcare services for their dependent children on a pre-tax basis.

Don't Break Up the T-Band Act of 2018

United States · United States Congress · 26 February 2018

Don't Break Up the T-Band Act of 2018 This bill repeals the provision of the Middle Class Tax Relief and Job Creation Act of 2012 that directs the Federal Communications Commission to reallocate and auction the 470-512 MHz band (referred to as the "T-Band spectrum").

PILT and SRS Certainty Act

United States · United States Congress · 23 February 2018

PILT and SRS Certainty Act This bill appropriates funds to carry out the Payment in Lieu of Taxes Program for the first full fiscal year after the enactment of this bill and for each of the following four fiscal years. This program compensates local governments for tax revenue lost due to tax-exempt federal lands within their boundaries. The bill amends the Secure Rural Schools and Community Self-Determination Act of 2000 to extend payment and project authorities for the Secure Rural Schools and Community Self-Determination Program for five years. This program provides payments to states to compensate for the cost of providing services in tax-exempt federal lands within their jurisdiction.

State Assistance for Tropical Floriculture Research Act of 2018

United States · United States Congress · 16 February 2018

State Assistance for Tropical Floriculture Research Act of 2018 This bill requires the Department of Agriculture (USDA) to establish and carry out a program to make grants, on a competitive basis, to state departments of agriculture for the research and development of disease resistant varieties of tropical flowers. A grant awarded under the program must be at least $250,000 for a fiscal year. A state department of agriculture that receives a grant must conduct and submit to USDA an audit regarding the use of the grant funds.

DEMAND Act of 2018

United States · United States Congress · 16 February 2018

Donate Extra Money Against National Debt Act of 2018 or the DEMAND Act of 2018 This bill amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt.  Each donation must be designated on a taxpayer's income tax return at the time such return is filed.

PRESIDENT'S FISCAL YEAR 2019 HEALTH CARE PROPOSALS

United States · United States Senate · 15 February 2018

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2019 AND THE FUTURE YEARS DEFENSE PROGRAM

United States · United States Senate · 15 February 2018

[H.A.S.C. No. 115-73] HEARING ON NATIONAL DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2019 AND OVERSIGHT OF PREVIOUSLY AUTHORIZED PROGRAMS BEFORE THE COMMITTEE ON ARMED SERVICES HOUSE OF REPRESENTATIVES ONE HUNDRED FIFTEENTH CONGRESS SECOND SESSION

United States · United States House of Representatives · 15 February 2018

U.S. DEPARTMENT OF VETERANS AFFAIRS BUDGET REQUEST FOR FISCAL YEAR 2019

United States · United States House of Representatives · 15 February 2018

Acequia Conservation Program Eligibility Act

United States · United States Congress · 15 February 2018

Acequia Conservation Program Eligibility Act This bill amends the Food Security Act of 1985 to make acequias eligible for assistance under several Department of Agriculture conservation programs. An "acequia" is a political subdivision of a state that is organized to manage the operation of an irrigation ditch and does not have the power to impose taxes or levies.

Poverty Measurement Improvement Act

United States · United States Congress · 15 February 2018

Poverty Measurement Improvement Act This bill requires the Bureau of the Census, for each of FY2019-FY2028, to conduct a new survey of income and poverty in the United States and to supplement and verify the information obtained using data from the most recent available Current Population Survey (CPS), data furnished by state and federal agencies that administer such benefits, and income-tax data. The Census Bureau shall include in the survey questions related to whether an individual has previously been incarcerated or is on probation. In addition, the Census Bureau shall: (1) collect data from the appropriate administering agencies regarding the income of, and federal means-tested benefits received by, individuals who have previously been incarcerated or are on probation; (2) produce tables and graphs showing for each year the poverty rates and related data calculated using the survey responses and other information collected; and (3) create a database that contains data from the survey, data from the most recent available CPS, and data furnished by administering agencies.  State agencies that administer federal means-tested benefits shall report annually on the benefits received by each household. The Census Bureau must annually provide specified summary statistics comparing income levels to consumption habits.

21st Century Energy Workforce Act of 2018

United States · United States Congress · 15 February 2018

21st Century Energy Workforce Act of 2018 This bill directs the Department of Energy (DOE) to establish a 21st Century Energy Workforce Advisory Board to develop a strategy for the support and development of a skilled energy workforce. Based on the board's recommendations, DOE shall establish a clearinghouse to: maintain and update information and resources on training and workforce development programs for energy- and manufacturing-related jobs; and act as a resource and provide guidance for secondary schools, institutions of higher education (including community colleges and minority-serving institutions), and workforce development, labor management, and industry organizations that would like to develop and implement such related training programs. DOE shall also establish a pilot program to award grants on a competitive basis to eligible entities for job training programs that lead to an industry-recognized credential. Grant amounts are limited to $2 million for any one fiscal year. The federal share of the cost of a job training and education program using a grant shall be up to 65%, while the non-federal share may not be less than 50% cash.

New Skills for New Jobs Act

United States · United States Congress · 15 February 2018

New Skills for New Jobs Act This bill directs the Department of the Treasury to make quarterly matching payments to an eligible community college in an amount equal to the aggregate new job tax withholding matches received by the college for providing qualified training to job trainees under a state new jobs training tax credit program. Under a state new jobs training tax credit program, state income taxes that have been withheld by an employer on behalf of a trainee who has been employed are paid to the eligible community college, to the extent that the payment does not exceed the cost of qualified training specified in a contract between the college and the employer. The bill also provides funding for Treasury to carry out the program.

Charitable Conservation Easement Program Integrity Act of 2018

United States · United States Congress · 15 February 2018

Charitable Conservation Easement Program Integrity Act of 2018 This bill amends the Internal Revenue Code to limit the aggregate amount of a partner's annual tax deductions for qualified conservation contributions of a partnership to 2.5 times the partner's adjusted basis in the partnership. (Under current law, a "qualified conservation contribution" is the contribution of a qualified real property interest to a qualified organization exclusively for conservation purposes.) The limitation applies for the first five years after the individual becomes a partner in the partnership. It does not apply to certain family partnerships.

STOP Homelessness Act of 2018

United States · United States Congress · 15 February 2018

Services, Tools, and Opportunities to Prevent Homelessness Act of 2018 or the STOP Homelessness Act of 2018 This bill amends the Internal Revenue Code to: (1) establish the Stop Homelessness Fund for the Department of Housing and Urban Development (HUD) to use to provide housing and services to homeless and formerly homeless individuals; (2) allow individual taxpayers to designate on their tax returns a portion (not less than $1) of any overpayment of tax or an additional contribution for the fund; (3) provide appropriations to the fund equal to twice the amount that is designated and contributed by taxpayers to the fund; and (4) require HUD to include in the President's budget, beginning with FY2019, a description of the uses of the fund during the previous fiscal year and the proposed uses for the next fiscal year.

PRESIDENT'S FISCAL YEAR 2019 BUDGET

United States · United States Senate · 14 February 2018

THE PRESIDENT'S FISCAL YEAR 2019 BUDGET

United States · United States House of Representatives · 14 February 2018

PRESIDENT'S BUDGET FOR FISCAL YEAR 2019

United States · United States Senate · 14 February 2018

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2019 AND THE FUTURE YEARS DEFENSE PROGRAM

United States · United States Senate · 14 February 2018

DEPARTMENT OF DEFENSE AUTHORIZATION OF APPROPRIATIONS FOR FISCAL YEAR 2019 AND THE FUTURE YEARS DEFENSE PROGRAM

United States · United States Senate · 14 February 2018

Families of Fallen Servicemembers First Act

United States · United States Congress · 14 February 2018

Families of Fallen Servicemembers First Act This bill provides a permanent appropriation for the payment of death gratuities and related benefits to survivors of deceased members of the uniformed services during a period of lapsed appropriations. The bill provides the appropriations at the rate and under the conditions provided for the most recent fiscal year for which an Act making appropriations for the uniformed services has been enacted. The appropriations are provided during a period of lapsed appropriations, in which appropriations are unavailable due to the absence of the timely enactment of an Act or joint resolution providing appropriations or continuing appropriations for the death gratuity and related benefits.

A bill to amend the Internal Revenue Code of 1986 to repeal the Internal Revenue Service's private debt collection program.

United States · United States Congress · 14 February 2018

This bill amends the Internal Revenue Code to repeal: (1) the authority for the Internal Revenue Service (IRS) to contract with private debt collection agencies to collect delinquent federal tax debt, and (2) the IRS Special Compliance Personnel Program Account which is funded by a portion of the funds collected under the private debt collection program.

Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018

United States · United States Congress · 14 February 2018

Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018 This bill excludes up to $2,500 of bonus income received by an employee in 2018 from being considered taxable earnings for the purpose of determining an employee's federal tax liability. The bill defines a "bonus" as wages paid in addition to the compensation ordinarily given, required, optioned, or obligated under an employment contract.

Child Tax Credit for Pregnant Moms Act of 2018

United States · United States Congress · 13 February 2018

Child Tax Credit for Pregnant Moms Act of 2018 This bill amends the Internal Revenue Code, with respect to the child tax credit, to allow the credit to be used for an unborn child if the child is born and issued a Social Security number before the due date for the tax return (without regard to extensions) for the taxable year. The bill defines an "unborn child" as a member of the species homo sapiens, at any stage of development, who is carried in the womb. If a child is not taken into account for the credit for the year immediately preceding the year of the child's birth, the bill doubles the amount of the credit allowed for the year of the birth.

To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.

United States · United States Congress · 13 February 2018

This bill amends the Internal Revenue Code, with respect to the requirements for tax-exempt bonds, to reinstate the exclusion from gross income for interest on certain bonds issued to advance refund another bond. The exclusion was repealed for bonds issued after 2017. (A refunding bond is a bond used to pay principal, interest, or the redemption price on a prior bond issue. An advance refunding bond is issued more than 90 days before the redemption of the refunded bond.)

Child Tax Credit for Pregnant Moms Act of 2018

United States · United States Congress · 13 February 2018

Child Tax Credit for Pregnant Moms Act of 2018 This bill amends the Internal Revenue Code, with respect to the child tax credit, to allow the credit to be used for an unborn child if the child is born and issued a Social Security number before the due date for the tax return (without regard to extensions) for the taxable year. The bill defines an "unborn child" as a member of the species homo sapiens, at any stage of development, who is carried in the womb. If a child is not taken into account for the credit for the year immediately preceding the year of the child's birth, the bill doubles the amount of the credit allowed for the year of the birth.

Carryover Equity Act

United States · United States Congress · 8 February 2018

Carryover Equity Act This bill amends the National Agricultural Research, Extension, and Teaching Policy Act of 1977 to allow 1890 land-grant colleges and universities (historically black colleges and universities that were established under the Second Morrill Act of 1890 and receive funding from the Department of Agriculture) to carry over all extension funding into the succeeding fiscal year. (Under current law, the institutions are prohibited from carrying over more than 20% of the funds received in any fiscal year.)

Vaccine Access Improvement Act of 2018

United States · United States Congress · 8 February 2018

Vaccine Access Improvement Act of 2018 This bill amends the Internal Revenue Code, with respect to the excise tax on specified vaccines, to allow the Department of Health and Human Services to designate additional taxable vaccines.

Chronic Disease Management Act of 2018

United States · United States Congress · 8 February 2018

Chronic Disease Management Act of 2018 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to allow the high deductible health plans required for an HSA to provide care for chronic conditions with no deductible. The bill covers care and prescription medicines related to the treatment of medically complex chronic conditions which: (1) are substantially disabling or life threatening, (2) have a high risk of hospitalization or other significant adverse health outcomes, and (3) require specialized delivery systems across domains of care.

Coal Refuse Reclamation Act

United States · United States Congress · 8 February 2018

Coal Refuse Reclamation Act This bill amends the Internal Revenue Code to allow a tax credit for facilities that use coal refuse to produce electricity. The credit is equal to $12 per ton of coal refuse used at a coal refuse facility to produce electricity at the facility during the 10-year period beginning on January 1, 2018. To qualify for the credit, the facility must have been originally placed in service prior to January 1, 2018, and combust coal refuse or fuel composed of at least 75% coal refuse by BTU energy value. The facility must also use: (1) at a minimum, a circulating fluidized bed combustion unit or a pressurized fluidized bed combustion unit equipped with a limestone injection system, for control of acid gases; and (2) a fabric filter particulate emission control system. The bill defines "coal refuse" as any waste coal, rock, shale, slurry, culm, gob, boney, slate, clay and related materials associated with or near a coal seam that are either brought aboveground or otherwise removed from a coal mine in the process of mining coal or that are separated from coal during the cleaning or preparation operations. The term includes underground development wastes, coal processing wastes and excess spoil, but does not include overburden from surface mining activities.

Chronic Disease Management Act of 2018

United States · United States Congress · 8 February 2018

Chronic Disease Management Act of 2018 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to allow the high deductible health plans required for an HSA to provide care for chronic conditions with no deductible. The bill covers care and prescription medicines related to the treatment of medically complex chronic conditions which: (1) are substantially disabling or life threatening, (2) have a high risk of hospitalization or other significant adverse health outcomes, and (3) require specialized delivery systems across domains of care.

DEPARTMENT OF DEFENSE AUTHORIZATION FOR APPROPRIATIONS FOR FISCAL YEAR 2019 AND THE FUTURE YEARS DEFENSE PROGRAM

United States · United States Senate · 7 February 2018

Embassy Security Authorization Act, Fiscal Year 2019

United States · United States Congress · 7 February 2018

Improving Embassy Design and Security Act of 2018 This bill sets forth diplomatic post design and construction requirements. The Department of State shall: use the design-build project delivery system in which one entity works under a single contract to provide design and construction services at diplomatic posts that have not yet received design or construction contracts, develop a vertical standard design for diplomatic posts that are to be situated on smaller plots of land, adapt the design that utilizes a standardized design template with design-build project delivery at diplomatic posts that require a more customized design, and consult with Congress regarding any diplomatic post project that utilizes a non-standard design.

Forest Recovery Act

United States · United States Congress · 7 February 2018

Forest Recovery Act This bill amends the Internal Revenue Code, with respect to the deduction for casualty losses, to establish special rules for losses of uncut timber. In the case of the loss of uncut timber from fire, storm, other casualty, or theft, the basis used for determining the amount of the deduction may not be less than the excess of: (1) the fair market value of the uncut timber determined immediately before the loss was sustained, over (2) the salvage value of the timber. The rule applies only if: (1) the timber was held for the purpose of being cut and sold, and (2) the uncut timber subject to the loss is reforested within five years of the loss. The bill also exempts casualty losses from uncut timber from the rule restricting the deduction for personal casualty losses to losses attributable to a federally declared disaster.

Working Families Relief Act of 2018

United States · United States Congress · 7 February 2018

Working Families Relief Act of 2018 This bill amends the Internal Revenue Code to limit the temporary (for tax years 2018 through 2025) refundable portion of the child tax credit, with respect to any qualifying child, to the greater of: (1) $1,400, or (2) the excess of the taxpayer's Social Security taxes for the year over the credit allowed under the earned income tax credit. (Under current law, the maximum is $1,400, adjusted for inflation after 2018).

Border and Port Security Act

United States · United States Congress · 6 February 2018

Border and Port Security Act This bill requires U.S. Customs and Border Protection (CBP), every fiscal year, to hire, train, and assign at least 500 new officers above the level as of September 30 of the immediately preceding fiscal year until the total number of officers equals the requirements identified each year in the Workload Staffing Model developed by the CBP. The CBP shall, every fiscal year, hire, train, and assign specified levels of new agricultural specialists, full-time investigators within its Office of Professional Responsibility, and support staff, including technicians, to perform non-law enforcement administrative functions. In calculating the number of officers needed at each port of entry through the Workload Staffing Model, the Office of Field Operations of the CBP shall: (1) rely on data collected regarding the inspections and other activities conducted at each such port of entry; and (2) consider volume from seasonal surges, other projected changes in commercial and passenger volumes, the most current commercial forecasts, and other relevant information. The bill amends the Homeland Security Act of 2002 to require CBP's annual report on staffing to include information on how many agricultural specialists are assigned to each field office and port of entry and information concerning the progress made toward meeting officer, agricultural specialist, and support staff hiring targets, while accounting for attrition. The CBP must also report on infrastructure and equipment needed to prevent the illegal transportation of opioids and other drugs through U.S. ports of entry.

Carryover Equity Act of 2018

United States · United States Congress · 6 February 2018

Carryover Equity Act of 2018 This bill amends the National Agricultural Research, Extension, and Teaching Policy Act of 1977 to allow 1890 land-grant colleges and universities (historically black colleges and universities that were established under the Second Morrill Act of 1890 and receive funding from the Department of Agriculture) to carry over all extension funding into the succeeding fiscal year. (Under current law, the institutions are prohibited from carrying over more than 20% of the funds received in any fiscal year.)

Streamlining and Investing in Broadband Infrastructure Act

United States · United States Congress · 6 February 2018

Streamlining and Investing in Broadband Infrastructure Act This bill requires the National Telecommunications and Information Administration to issue best practices relating to broadband infrastructure and installation for state broadband coordination offices, with an emphasis on rural areas. The Department of Transportation (DOT) must require states to install broadband conduits, which support broadband or wireless facilities for broadband service, in certain highway construction projects. DOT must ensure that: (1) standards are established that apply to all areas, including rural and remote areas with low population density; and (2) any requesting broadband provider has access to such installed conduits on a competitively neutral and nondiscriminatory basis, for a charge not to exceed a cost-based rate. The bill amends the Middle Class Tax Relief and Job Creation Act of 2012 to require federal agencies and other entities to grant real property interests necessary for the installation, construction, or modification of a communications facility installation, as defined by this bill.

Access Business Credit Act of 2018

United States · United States Congress · 6 February 2018

Access Business Credit Act of 2018 This bill amends the Internal Revenue Code to exclude from the gross income of certain banks interest received on small business loans of up to $5 million. The bill applies to loans that are: (1) secured by land situated in the United States that is used or held by the small business in connection with the active conduct of a farming business, or (2) incurred in the ordinary course of the trade or business of the small business. To be eligible for the exclusion, the bank must have less than $50 billion in assets at the closing of the preceding taxable year.

Stopping Improper Payments to Deceased People Act

United States · United States Congress · 5 February 2018

Stopping Improper Payments to Deceased People Act This bill requires the Social Security Administration (SSA) to pay to states their reasonable costs for compiling and sharing records of deaths with the SSA. Under current law, the SSA is not required to pay the states but may choose to do so. The SSA may share the death data with federal and state agencies for various purposes. Such purposes include ensuring proper payments of benefits and tax administration duties. The Office of Management and Budget shall develop a plan to help federal and state agencies and Indian tribes use the death data.

American Opportunity Carbon Fee Act of 2018

United States · United States Congress · 5 February 2018

American Opportunity Carbon Fee Act of 201 8 This bill amends the Internal Revenue Code to impose fees on: (1) fossil fuel products producing carbon dioxide emissions, including coal, petroleum products, and natural gas; (2) fluorinated greenhouse gases; (3) emissions of any greenhouse gas from any greenhouse gas emissions source; and (4) associated emissions (attributable to venting, flaring, and leakage across the supply chain). The bill directs the Department of the Treasury to: establish, implement, and report on a program to identify all major source categories of associated emissions and collect data on associated emissions from the coal, petroleum products, and natural gas supply chains; make specified adjustments to the new fees for importers and exporters of energy-intensive manufactured goods; make a specified payment each calendar year to certain Social Security beneficiaries, veterans, and disabled individuals; make cost mitigation grants to states to assist low-income and rural households and provide job training and worker transition assistance; and establish a website to make regular disclosures concerning revenue, tax savings, and benefits attributable to this bill. The bill also allows a new carbon fee offset tax credit for the lesser of: 6.2% of earned income, or $800.

Stopping Improper Payments to Deceased People Act

United States · United States Congress · 5 February 2018

Stopping Improper Payments to Deceased People Act This bill requires the Social Security Administration (SSA) to pay to states their reasonable costs for compiling and sharing records of deaths with the SSA. Under current law, the SSA is not required to pay the states but may choose to do so. The SSA may share the death data with federal and state agencies for various purposes. Such purposes include ensuring proper payments of benefits and tax administration duties. The Office of Management and Budget shall develop a plan to help federal and state agencies and Indian tribes use the death data.

A bill to amend the Internal Revenue Code of 1986 to extend the credit for production of refined coal.

United States · United States Congress · 5 February 2018

This bill amends the Internal Revenue Code to extend the tax credit for the production of refined coal. With respect to refined coal production facilities that do not produce steel industry fuel, the bill: (1) allows facilities that were placed in service before January 1, 2012, to claim the credit for an additional 10 years, and (2) establishes an additional 3-year period (after December 31, 2017, and before January 1, 2021), during which facilities may qualify for the credit by being placed in service.