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601 records in US in 2008
United States · United States Congress · 15 April 2008
Free Internet Filing Act - Directs the Secretary of the Treasury to enable individual taxpayers to file their income tax returns directly through the Internal Revenue Service website without the use of any intermediary.
United States · United States Congress · 15 April 2008
Consumer Reasonable Energy Price Protection Act of 2008 - Amends the Internal Revenue Code to impose a windfall profit tax on crude oil, natural gas, or fuel which is the product of crude oil or natural gas. Defines "windfall profit" as so much of the profit as exceeds a reasonable profit. Establishes a Reasonable Profits Board to determine reasonable profit. Dedicates the proceeds of such tax to the low-income home energy assistance program.
United States · United States Congress · 15 April 2008
Universal Homeowner Tax Cut Act of 2008 - Amends the Internal Revenue Code to: (1) allow individual taxpayers who do not otherwise itemize a deduction from gross income for up to $1,000 of their state and local real property taxes; (2) require the inclusion in gross income of deferred compensation paid by certain foreign corporations; (3) set forth rules for the application of the economic substance doctrine for evaluating transactions affecting federal income tax liability; and (4) assess new penalties for underpayments of tax attributable to transactions lacking economic substance.
United States · United States Congress · 14 April 2008
Amends the Internal Revenue Code to modify the standards for imposing penalties on tax return preparers for understatements of tax to require: (1) substantial authority for a position with respect to an item on a tax return if such position was not disclosed with the return; and (2) a reasonable basis for a position which was disclosed with the return. Requires tax return preparers to have a reasonable belief that a position with respect to a tax shelter or a reportable transaction (a transaction having a potential for tax avoidance or evasion) will more likely than not be sustained on its merits.
United States · United States Congress · 14 April 2008
Federal Spending and Taxpayer Accessibility Act - Directs the Congressional Research Service (CRS) to create a free public Internet website that includes data for fiscal years after FY2007 and allows the user to search specified information on each federal earmark, including the intended recipient, total dollar amount, the sponsoring Member of Congress, and the status of the bill to which it is attached. Requires the Secretary of the Treasury to provide, upon an eligible individual's request, his or her taxpayer account statement. Requires the Director of the Office of Management and Budget (OMB) to include the financial outlays exceeding $25,000 of all federal agencies for fiscal years after FY2008 on the Internet website established by the Federal Funding Accountability and Transparency Act of 2006. Declares that nothing in this Act shall require the disclosure of classified information.
United States · United States Congress · 14 April 2008
Homefront Heroes Tax Relief Act of 2008 - Amends the Internal Revenue Code to allow taxpayers who do not otherwise itemize a deduction from gross income of up to $500 for amounts paid to provide care packages for members of the Armed Forces serving in a combat zone.
United States · United States Congress · 14 April 2008
Put Your Money Where Your Mouth Is Act of 2008 - Amends the Internal Revenue Code to allow taxpayers to designate on their tax returns a payment of $1 or more to the general fund of the Treasury.
United States · United States Congress · 14 April 2008
Affordable Health Care Expansion Act of 2008 - Amends the Internal Revenue Code to: (1) allow individual taxpayers a refundable tax credit for health insurance costs paid for the benefit of the taxpayer, the taxpayer's spouse, and dependents; (2) require business taxpayers who receive payments for certain employee health insurance coverage to file informational returns; and (3) direct the Secretary of the Treasury to make advance payments of health insurance tax credit amounts to health insurance providers.
United States · United States Congress · 14 April 2008
Homefront Heroes Helping Frontline Families Tax Relief Act of 2008 - Amends the Internal Revenue Code to allow a tax credit of up to $500 for volunteer services provided to military families through the America Supports You program of the Department of Defense.
United States · United States Congress · 14 April 2008
Sets forth the rule for consideration of the bill (H.R. 5719) to amend the Internal Revenue Code of 1986 to conform return preparer penalty standards, delay implementation of withholding taxes on government contractors, enhance taxpayer protections, assist low-income taxpayers.
United States · United States Senate · 10 April 2008
United States · United States House of Representatives · 10 April 2008
United States · United States Senate · 10 April 2008
United States · United States Senate · 10 April 2008
United States · United States Senate · 10 April 2008
United States · United States Congress · 10 April 2008
Supporting Emergency Responders Volunteer Efforts Act of 2008 or the SERVE Act of 2008 - Amends the Internal Revenue Code to allow a $1,000 refundable tax credit for individuals who are bona fide volunteer members of a qualified volunteer fire department who provide firefighting, ambulance, or emergency medical services.
United States · United States Congress · 10 April 2008
Medicaid Levy Enhancement Act - Amends the Internal Revenue Code to impose a continuous levy on payments to Medicaid providers and suppliers for delinquent taxes owed by such providers and suppliers.
United States · United States Congress · 10 April 2008
Homeowner Empowerment Act of 2008 - Amends the Internal Revenue Code to: (1) exclude from gross income distributions from individual retirement plans and other qualified retirement plans for payments on the mortgage of a taxpayer's principal residence; (2) require repayments of amounts distributed from such retirement plans over a 12-year period; and (3) waive the 10% penalty on premature distributions from retirement plans for distributions used to pay a mortgage.
United States · United States Congress · 10 April 2008
Social Security Forever Act of 2008 - Amends the Internal Revenue Code to impose on employers, employees, and self-employed individuals an additional employment tax for wages in excess of the social security contribution and benefit base. Requires all Treasury securities to bear a facsimile of the signatures of the President and the Secretary of the Treasury.
United States · United States Congress · 10 April 2008
Medicaid Levy Enhancement Act - Amends the Internal Revenue Code to impose a continuous levy on payments to Medicaid providers and suppliers for delinquent taxes owed by such providers and suppliers.
United States · United States Congress · 10 April 2008
Frank Melville Supportive Housing Investment Act of 2008 - Amends the Cranston-Gonzalez National Affordable Housing Act (the Act) to revise requirements for supportive housing for persons with disabilities. (Retains authority to provide such assistance to private nonprofit organizations to expand the supply of such housing.) Repeals the authority of the Secretary of Housing and Urban Development to provide tenant-based rental assistance directly to eligible persons with disabilities. Authorizes appropriations for such assistance under section 8 (rental voucher program) of the United States Housing Act of 1937 for persons with disabilities in FY2009. Modifies project rental assistance contract requirements, including renewal of, and increases in, annual contract amounts. Requires initial contracts with the sponsor of a project assisted with any low-income housing tax credit or with any tax-exempt housing bonds to have an initial term of up to 360 months and to provide funding for 60 months. Revises the requirement that all units in housing assisted by capital advances and project rental assistance contracts be made available for occupancy by very low-income persons with disabilities for at least 40 years. Requires the Secretary, within 30 days of issuing certain capital advances for multifamily projects (except group homes or independent living facilities), to delegate review and processing of such projects to a state or local housing agency meeting specified criteria. Revises tenant selection procedures. Requires a lease between a tenant and a housing owner to be for at least one year. Revises the application of cost limitations developed by the Secretary to supportive housing. Authorizes the Secretary to waive such limitations. Requires the Secretary to: (1) establish a minimum percentage of capital advances per fiscal year for multifamily projects; and (2) carry out a project rental assistance competitive demonstration program to expand the supply of supportive housing for non-elderly adults with disabilities and with extremely low-incomes or for extremely low-income households that include at least one disabled person.
United States · United States Senate · 9 April 2008
United States · United States Senate · 9 April 2008
United States · United States Congress · 9 April 2008
National Guard and Reserve Retired Pay Equity Act of 2008 - Amends the National Defense Authorization Act for Fiscal Year 2008 to back-date to September 11, 2001, the period of active duty or performed active service, in support of a contingency operation or in other emergency situations, for which members of Ready Reserve components of the armed forces shall receive credit in determining eligibility for early receipt of non-regular service retired pay.
United States · United States Congress · 9 April 2008
Amends the Internal Revenue Code to allow: (1) taxpayers who do not itemize their deductions to deduct from gross income the costs of health insurance and long-term care insurance; and (2) payments from health savings accounts for non-group high deductible health plan premiums.
United States · United States Congress · 9 April 2008
Hydrogen Tax Incentives Act of 2008 - Amends the Internal Revenue Code to allow a tax credit for hydrogen infrastructure and fuel costs. Terminates such credit after three years.
United States · United States Congress · 9 April 2008
Amends the Internal Revenue Code to make permanent provisions allowing a taxpayer to elect to deduct state and local general sales taxes in lieu of state and local income taxes.
United States · United States Congress · 9 April 2008
Veterans Travel Tax Relief Act of 2008 - Amends the Internal Revenue Code to allow veterans a deduction from gross income for their travel expenses (e.g., transportation, food, and lodging) to a Department of Veterans Affairs medical center for treatment related to a service-connected disability or for an examination related to a claim for disability compensation or a pension.
United States · United States Congress · 9 April 2008
Amends the Internal Revenue Code to qualify corporations and partnerships created or organized as community development entities in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, or the Virgin Islands for the new markets tax credit.
United States · United States Senate · 8 April 2008
United States · United States Senate · 8 April 2008
United States · United States Congress · 8 April 2008
Makes technical corrections to provisions of the National Defense Authorization Act for Fiscal Year 2008 which provide special immigrant status for certain Iraqis employed by or on behalf of the U.S. government. Authorizes the Secretary of Homeland Security or State to convert approved petitions for such status with respect to which visas are not immediately available to approved petitions for petitions filed before October 1, 2008.
United States · United States Congress · 8 April 2008
United States-Colombia Trade Promotion Agreement Implementation Act - Approves the United States-Colombia Trade Promotion Agreement (the Agreement) entered into with the government of Colombia. Provides for the Agreement's entry into force upon certain conditions being met on or after January 1, 2009. Authorizes the President to proclaim actions, and other appropriate officers of the U.S. government to issue regulations, necessary to ensure appropriate implementation of any provision of this Act that takes effect on the date the Agreement enters into force. Provides for: (1) administration of dispute settlement proceedings; (2) arbitration of certain claims against the United States; and (3) specified tariff modifications. Prescribes requirements for: (1) enforcement of textile and apparel rules of origin; (2) actions for relief from imports benefiting from the Agreement; and (3) certain textile and apparel safeguard measures. Amends the Trade Agreements Act of 1979 to make eligible for U.S. government procurement products or services of a foreign country or instrumentality that is a party to the Agreement. Provides for the following offsets: (1) amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend the authority for the collection of customs user fees for a specified period; and (2) amends the Tax Increase Prevention and Reconciliation Act of 2005 to increase by one percentage point the current increased percentage of any required installment of corporate estimated tax otherwise due in July, August, or September 2012, and by two percentage points the amount of any required installment of corporate estimated tax otherwise due in July, August, or September 2013.
United States · United States Congress · 8 April 2008
Border Fence Trust Fund Act of 2008 - Amends the Internal Revenue Code to establish in the Treasury the Border Improvement Trust Fund and allow individual taxpayers (other than nonresident aliens) to designate that $5.00 ($10.00 in the case of joint returns) of their income taxes be paid over to such Fund to install additional barriers and roads at the U.S. border.
United States · United States Congress · 8 April 2008
Taxpayer Bill of Rights Act of 2008 - Amends the Internal Revenue Code to require the Secretary of the Treasury to publish a summary statement of specified taxpayer rights and obligations. Authorizes the Secretary to: (1) make grants to provide matching funds for qualified return preparation programs that provide volunteer income tax preparation assistance to low-income taxpayers; and (2) refer such taxpayers to taxpayer clinics funded by the federal government. Requires the Secretary to establish a system for regulating and testing federal income tax return preparers. Requires refund loan facilitators to file annual registrations with the Secretary and to make certain disclosures to borrowers about refund anticipation loans. Expands and increases penalties on tax return preparers for understating taxpayer liabilities. Requires the Secretary to furnish to the public the identity of enrolled agents and registered refund loan facilitators. Permits enrolled agents licensed to practice before the Department of the Treasury to use the designation "enrolled agent," "EA," or "E.A." Expresses the sense of Congress that the IRS should provide certain expanded services to taxpayers. Authorizes the Secretary to award demonstration project grants to eligible entitites to provide bank accounts to taxpayers who currently do not have an account with a financial institution.
United States · United States Congress · 8 April 2008
Taxpayer Assistance and Simplification Act of 2008 - Amends the Internal Revenue Code to: (1) modify penalty provisions for tax return preparers who take an unreasonable position in the preparation of a tax return causing an underpayment of tax; (2) eliminate certain restrictions on the tax deduction for employee use of cellular telephones; (3) exempt recipients of home care services from liability for employment taxes for payments made to home care service providers; (4) authorize the Secretary of the Treasury to make grants for volunteer income tax assistance programs; (5) require written notice to taxpayers of eligibility for the earned income tax credit; (6) place restrictions on information relating to refund anticipation loans; (7) require the Secretary to notify a taxpayer of any unauthorized use of such taxpayer's identity (suspected identity theft) uncovered during an tax investigation; (8) repeal the authority of the Internal Revenue Service (IRS) to enter into private debt collection contracts; (9) extend the period during which the IRS may return property seized in a wrongful tax levy; and (10) increase penalties for failures to provide correct tax information and to file partnership or S corporation tax returns. Delays until 2012 the 3% withholding requirement on government payments to contractors providing goods and services. Directs the Secretary of the Treasury to conduct a feasibility study on alternative means of delivering tax refunds. Expands the prohibitions against the misuse of Department of the Treasury names and symbols to include misuse on an Internet domain address.
United States · United States Congress · 8 April 2008
United States-Colombia Trade Promotion Agreement Implementation Act - Approves the United States-Colombia Trade Promotion Agreement (the Agreement) entered into with the government of Colombia. Provides for the Agreement's entry into force upon certain conditions being met on or after January 1, 2009. Authorizes the President to proclaim actions, and other appropriate officers of the U.S. government to issue regulations, necessary to ensure appropriate implementation of any provision of this Act that takes effect on the date the Agreement enters into force. Provides for: (1) administration of dispute settlement proceedings; (2) arbitration of certain claims against the United States; and (3) specified tariff modifications. Prescribes requirements for: (1) enforcement of textile and apparel rules of origin; (2) actions for relief from imports benefiting from the Agreement; and (3) certain textile and apparel safeguard measures. Amends the Trade Agreements Act of 1979 to make eligible for U.S. government procurement products or services of a foreign country or instrumentality that is a party to the Agreement. Provides for the following offsets: (1) amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend the authority for the collection of customs user fees for a specified period; and (2) amends the Tax Increase Prevention and Reconciliation Act of 2005 to increase by one percentage point the current increased percentage of any required installment of corporate estimated tax otherwise due in July, August, or September 2012, and by two percentage points the amount of any required installment of corporate estimated tax otherwise due in July, August, or September 2013.
United States · United States Congress · 8 April 2008
Housing Assistance Tax Act of 2008 - Amends the Internal Revenue Code relating to the low-income housing tax credit, tax-exempt housing bonds, real estate investment trusts (REITs) and to provide assistance to first-time home buyers and home owners. Increases in 2008 and 2009 the state allocation limits on low-income housing tax credits. Modifies certain rules relating to the low-income housing tax credit, tax-exempt housing bonds, and the rehabilitation of government-leased buildings. Allows: (1) first-time home buyers a refundable tax credit for 10% of the purchase price of a principal residence, up to $7,500; and (2) individual taxpayers who claim the standard deduction an additional deduction from gross income for state and local real property taxes. Authorizes: (1) an additional $10 billion in the volume cap for issuing tax-qualified bonds for certain residential rental projects; and (2) use of mortgage bond proceeds to refinance certain subprime residential mortgage loans. Exempts from the alternative minimum tax (AMT) tax-exempt interest on certain housing bonds. Allows low-income housing and rehabilitation tax credit amounts to offset AMT liability. Allows certain municipal bonds that are guaranteed by federal home loan banks to qualify as tax-exempt bonds. Modifies rules relating to REITs to: (1) treat passive foreign exchange gains attributable to overseas real estate investment as qualifying REIT income; (2) increase from 20 to 25% the the maximum value of an REIT's total assets that may be represented by securities of one or more taxable REIT subsidiaries; (3) revise safe harbor rules for the excise tax penalty on certain REIT sales activities; and (4) treat rental payments made by a health care facility to an REIT as qualifying REIT income. Requires brokers who sell publicly-traded securities to report the customer's adjusted basis in such securities. Delays until after 2009 the taxpayer election to allocate interest expense between U.S. and foreign sources for purposes of the foreign tax credit limitation.
United States · United States Congress · 8 April 2008
National Guard and Ready Reserves Employment Protection Act of 2008 - Amends the Internal Revenue Code to allow employers a tax credit for 15% of the first $10,000 of wages paid to an employee who is a member of the National Guard or Ready Reserve. Terminates such credit after 2011.
United States · United States Congress · 7 April 2008
Transportation Empowerment Act - Authorizes appropriations out of the Highway Trust Fund (HTF) for the interstate maintenance program, emergency relief, the interstate bridge program, the federal lands highways program, highway safety programs, surface transportation research, and certain administrative expenses. Authorizes a state, upon determining that excess funds have been made available, to transfer the excess funds to, and use them for, any surface transportation purpose (including mass transit and rail) in the state. Revises requirements regarding state apportionments under the interstate maintenance component for resurfacing, restoring, rehabilitating, and reconstructing the Interstate System. Prohibits any restriction on the ability of a state, as part of any highway improvement project, to impose and collect a toll on any highway that is part of the Interstate System. Allows a state to use revenue collected from such toll only for a new highway infrastructure project in the state. Amends the Internal Revenue Code (IRC) to: (1) extend, for five years, the availability of HTF funds for certain authorized expenditures; (2) set a core programs financing rate for gasoline, special motor fuels, kerosene, and diesel fuel; (3) establish in the HTF an Infrastructure Special Assistance Fund; and (4) provide for the return of excess tax receipts to states for transportation purposes. Grants consent to states to enter into interstate compacts to establish infrastructure banks to invest in the construction of surface transportation projects. Amends the IRC to reduce taxes on gasoline, diesel fuel, kerosene, and special fuels funding the HTF.
United States · United States Congress · 4 April 2008
Splash and Dash Correction Act of 2008 - Amends the Internal Revenue Code to disallow income and excise tax credits for alcohol and biodiesel used as fuel and other alternative fuels or mixtures unless such fuels are produced in or imported into the United States for consumption.
United States · United States House of Representatives · 3 April 2008
United States · United States Senate · 3 April 2008
United States · United States Senate · 3 April 2008
United States · United States Congress · 3 April 2008
Economic Recovery in Health Care Act of 2008 - Prohibits the Secretary of Health and Human Services from finalizing, implementing, enforcing, or otherwise taking any action to give effect prior to April 1, 2009, to the following administrative actions: (1) the proposed and final rule (with certain exceptions) entitled "Medicaid Program; Health-Care Related Taxes," published, respectively, on March 23, 2007, and on February 22, 2008; (2) the proposed rule entitled "Medicaid Program; Graduate Medical Education," published on May 23, 2007; (3) the State Health Official Letter 07-001, dated August 17, 2007, issued by the Director of the Center for Medicaid and State Operations in the Centers for Medicare & Medicaid Services regarding certain requirements under the State Children's Health Insurance Program (SCHIP) relating to the prevention of the substitution of health benefits coverage for children and the enforcement of medical support orders; (4) the proposed rule entitled "Medicaid Program; Clarification of Outpatient Clinic and Hospital Facility Services definition and Upper Payment Limit," published on September 28, 2007; (5) the interim final rule entitled "Medicaid Program; Optional State Plan Case Management Services," published on December 4, 2007; and (6) the proposed rule entitled "Revisions to Procedures for the Departmental Appeals Board and Other Departmental Hearings," published on December 28, 2007. Amends the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act of 2007 to extend through April 1, 2009, the moratorium relating to the cost limit for providers operated by units of government and provisions to ensure the integrity of the federal-state financial partnership. Amends the Medicare, Medicaid, and SCHIP Extension Act of 2007 to extend through April 1, 2009, the moratorium relating to rehabilitation services, school-based administration, and school-based transportation. Provides for state fiscal relief through a temporary increase of Medicaid federal medical assistance percentage (FMAP) and targeted grants to Round One (FY2008 and FY2009) and Round Two (FY2009 only) Qualifying States. Makes appropriations for related payments to such states.
United States · United States Congress · 3 April 2008
Clean Energy Tax Stimulus Act of 2008 - Amends the Internal Revenue Code to extend certain tax incentives for energy production and conservation. Extends through 2009 the tax credit for the production of electricity from renewable resources (e.g., biomass, geothermal energy, landfill gas, and trash combustion). Includes marine and hydrokinetic renewable energy as a renewable resource eligible for such credit. Allows sales of electricity produced from renewable resources to regulated public utilities. Extends the energy investment tax credits for solar energy (through 2016) and for fuel cell and microturbine property (through 2017). Repeals the dollar per kilowatt limitation for fuel cell property under the energy investment tax credit. Allows public electric utilities to qualify for such credit. Extends through 2009 the tax credit for residential energy efficient property expenditures. Repeals the $2,000 limitation on the tax credit for solar electric property. Allows an offset against the alternative minimum tax (AMT) of tax credit amounts. Extends through 2009 the tax credit for investment in clean renewable energy bonds. Increases the national limitation amount for such bonds. Extends through 2009 deferral provisions relating to the recognition of gain by certain electric utilities. Extends through 2009 the tax credit for nonbusiness energy property. Includes residential biomass fuel stoves (pellet stoves) as eligible energy property for purposes of such credit. Extends through 2010 the tax credit for energy efficient new homes. Extends through 2009 the tax deduction for energy efficient commercial buildings and increases the allowable amount of such deduction. Extends the tax credit for energy efficient appliances to include appliances produced in 2008, 2009, and 2010. Revises and updates energy efficiency standards for such appliances in accordance with the Energy Independence and Security Act of 2007.
United States · United States Congress · 3 April 2008
Smuggled Tobacco Prevention Act of 2008 - Amends the Internal Revenue Code to require manufacturers and importers of tobacco products to legibly print a unique serial number on all packages of tobacco products manufactured or imported for sale or distribution. Imposes marking requirements for exports of tobacco products. Authorizes the Secretary of the Treasury to require additional secure methods of identification or marking of tobacco products. Requires the Secretary to prescribe a system of tobacco tax stamps, meter impressions, or other tax-payment indicia for tobacco products. Requires tobacco products sold on Indian reservations to be visibly and prominently labeled as such. Prohibits the export of tobacco products without the posting of a bond with the Secretary. Extends permit, recordkeeping, and reporting requirements to wholesalers of tobacco products. Establishes new criminal offenses relating to the distribution of tobacco products. Increases the civil penalty for tobacco-related infractions from $1,000 to $10,000. Amends the federal criminal code to: (1) extend criminal penalties for contraband cigarettes to tobacco products (i.e., cigars, cigarettes, smokeless tobacco, pipe tobacco, and roll-your-own tobacco) and define "contraband tobacco product" for purposes of such penalties; (2) establish new unlawful acts relating to tobacco products and machines used to manufacture or package tobacco products; and (3) establish whistleblower protections for employees who provide information about violations relating to contraband tobacco.
United States · United States Congress · 3 April 2008
Elderly Care Tax Act of 2008 - Amends the Internal Revenue Code to exempt recipients of home care services under federally-assisted state or local government home care programs for the elderly or disabled from payment of employment taxes for amounts paid to service providers. Imposes liability for payment of such taxes on the fiscal administrators of such programs.
United States · United States Congress · 3 April 2008
Volunteer Firefighter/Emergency Medical Service Gas Price Relief Act of 2008 - Amends the Internal Revenue Code to allow volunteers who provide firefighting or emergency medical services a tax deduction for up to $250 of their travel expenses, whether or not such taxpayer itemizes.
United States · United States Congress · 3 April 2008
Volunteer Firefighter Recruitment and Retention Act of 2008- Amends the Internal Revenue Code to allow volunteer firefighters with eight or more years of service a $1,500 tax credit ($1,000 for three or more years).