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Bill· SS. 1431 (116th)referred
United States · United States Congress · 13 May 2019
Retirement Security and Savings Act of 2019 This bill modifies various tax policies, credits, and requirements that apply to employer-provided retirement plans and Individual Retirement Accounts.
Bill· SS. 1428 (116th)referred
United States · United States Congress · 13 May 2019
Retirement Parity for Student Loans Act This bill allows certain employer-sponsored retirement plans to make matching contributions for an employee's student loan payments as if the loan payments were salary reduction contributions to the retirement plan.
Bill· SS. 1425 (116th)referred
United States · United States Congress · 13 May 2019
This bill expands several tax deductions for education expenses. Specifically, the bill includes provisions that (1) allow an unlimited tax deduction for student loan interest, (2) repeal the dollar limitation on the tax deduction for qualified tuition and related expenses and make such deduction permanent, (3) allow carryovers to succeeding taxable years of amounts of the deductions for student loan interest and qualified tuition and related expenses that exceed a taxpayer's taxable income, and (4) repeal the dollar limitation on contributions to a Coverdell Education Savings Account.
Bill· SS. 1422 (116th)referred
United States · United States Congress · 13 May 2019
Strengthening the Medicare Trust Fund Act This bill requires net investment income tax revenues to be transferred to the Federal Hospital Insurance Trust Fund, which funds Medicare hospital services.
Bill· HRH.R. 2679 (116th)referred
United States · United States Congress · 10 May 2019
529 Opening Paths To Invest in Our Nation's Students Act or the 529 OPTIONS Act This bill allows tax-free distributions from qualified tuition programs (known as 529 plans) to be used for certain expenses associated with registered apprenticeship programs. The bill expands the definition of "qualified higher education expenses" for which tax-free distributions are allowed to include (1) books, supplies, and equipment required for the enrollment or attendance of a designated beneficiary in an apprenticeship program registered and certified with the Department of Labor; (2) child care at a licensed day care center, and transportation, in connection with such enrollment or attendance; and (3) costs associated with obtaining an industry certification or other credential in connection with an apprenticeship program.
Bill· HRH.R. 2667 (116th)referred
United States · United States Congress · 10 May 2019
Military Spouses Employment Act This bill expands the work opportunity tax credit to include the hiring of a qualified military spouse. (The credit permits employers who hire individuals who are members of a targeted group such as qualified veterans, ex-felons, or long-term unemployment recipients to claim a tax credit equal to a portion of the wages paid to those individuals.) A "qualified military spouse" is any individual who is certified by the designated local agency as being (as of the hiring date) a spouse of a member of the Armed Forces who is serving on a period of extended active duty (in excess of 90 days or for an indefinite period) which includes the hiring date.
Report· HearingH.Hrg.116published
United States · United States House of Representatives · 9 May 2019
Report· HearingH.Hrg.116published
United States · United States House of Representatives · 9 May 2019
Report· HearingH.Hrg.116published
United States · United States House of Representatives · 9 May 2019
Bill· HRH.R. 2654 (116th)referred
United States · United States Congress · 9 May 2019
Strengthening Social Security Act of 2019 This bill expands benefits, and increases specified taxes, related to the Old-Age, Survivors, and Disability Insurance program. Changes to benefits include (1) increasing the primary insurance amount for certain beneficiaries, (2) calculating cost-of-living adjustments by using a price index that tracks the spending patterns of older consumers, and (3) establishing an alternative benefit for widows or widowers in two-income households. Changes to taxes include phasing out the cap on earnings subject to the Social Security payroll tax. Under current law, the maximum amount subject to this tax is $132,900.
Bill· HRH.R. 2649 (116th)referred
United States · United States Congress · 9 May 2019
Tax Equity and Prosperity for Puerto Rican Families Act of 2019 This bill requires the Department of the Treasury to make specified annual federal matching payments to Puerto Rico for expanding its earned income tax credit as specified in the bill. After the tax credit is expanded, Treasury must also provide a one-time grant to Puerto Rico for taxpayer education efforts relating to the earned income tax credit, including education of paid tax preparers. The bill also provides appropriations to carry out the programs established by this bill.
Bill· HRH.R. 2624 (116th)referred
United States · United States Congress · 9 May 2019
SALT Relief and Marriage Penalty Elimination Act of 2019 This bill raises the cap on tax deductions for state and local taxes for taxable years 2018 through 2025. The bill increases the current $10,000 limit to make it equal to the standard deduction the applies for the taxpayer based on filing status.. (For 2019, the standard deduction is $12,200 for single taxpayers and married individuals filing separately, $24,400 for married couples filing jointly, and $18,350 for heads of households).
Bill· HRH.R. 2622 (116th)referred
United States · United States Congress · 9 May 2019
This bill extends the tax credit for the production of refined coal by allowing eligible taxpayers to claim the credit for an additional two years.
Bill· HRH.R. 2614 (116th)referred
United States · United States Congress · 9 May 2019
Group Term Life Insurance Increase Act This bill increases the limit on the amount of employer-provided group term life insurance that an employee may exclude from gross income for income tax purposes. Currently, an employee may exclude from gross income up to $50,000 of the cost of such insurance plus any amount paid by the employee for the purchase of such insurance. The bill increases the $50,000 limit to $375,000, and adjusts such increased limit for inflation in taxable years beginning after 2019.
Bill· SS. 1405 (116th)referred
United States · United States Congress · 9 May 2019
This bill extends the tax credit for the production of refined coal by allowing eligible taxpayers to claim the credit for an additional two years.
Bill· SS. 1396 (116th)referred
United States · United States Congress · 9 May 2019
Protect America's Paper for Recycling Act This bill modifies the tax credit for producing electricity from renewable resources to revise the definition of "municipal solid waste." The bill specifies that municipal solid waste does not include solid waste collected as part of a system which commingles commonly recycled paper with other solid waste which is not commonly recycled at any point from the time of collection through any materials recovery. The bill includes exceptions for incidental and residual waste. In the case of a facility that produces electricity both from municipal solid waste and other solid waste that is not a qualified energy resource (1) the facility is a qualified facility if it otherwise meets the requirements for qualified facilities, and (2) the credit only applies to the portion of the electricity produced from municipal solid waste.
Bill· SS. 1385 (116th)referred
United States · United States Congress · 9 May 2019
Contracting and Tax Accountability Act of 2019 This bill prohibits an executive agency from awarding a contract or grant in excess of the simplified acquisition threshold unless the prospective contractor or grantee certifies in writing to the agency awarding the contract or grant that the contractor or grantee has no seriously delinquent tax debt. Simplified acquisition threshold means the dollar amount below which a nonfederal entity may purchase property or services using small purchase methods. The bill (1) authorizes the Department of the Treasury to disclose to an agency whether such person has a seriously delinquent tax debt, and (2) subjects a person with such debt to suspension or debarment from the federal procurement process. The bill defines seriously delinquent tax debt as a federal tax liability that has been assessed by the Internal Revenue Service and is collectible by levy or a court proceeding, with exceptions for a tax debt (1) that is being paid in a timely manner under an approved installment agreement or an offer-in-compromise, (2) for which a collection due process hearing has been requested or is pending, (3) for which a continuous levy has been issued or agreed to by an applicant for employment, or (4) with respect to which such a levy is released because it has been determined to be an economic hardship to the taxpayer.
Report· HearingS.Hrg.116-356published
United States · United States Senate · 8 May 2019
Report· HearingH.Hrg.116published
United States · United States House of Representatives · 8 May 2019
Report· HearingS.Hrg.116published
United States · United States Senate · 8 May 2019
Report· HearingS.Hrg.116-80published
United States · United States Senate · 8 May 2019
Report· HearingH.Hrg.116published
United States · United States House of Representatives · 8 May 2019
Bill· SS. 1370 (116th)open
United States · United States Congress · 8 May 2019
Gold Star Family Tax Relief Act This bill treats certain military survivor benefits that are received by children as earned income of the child for the purposes of the kiddie tax (the tax on the unearned income of children). This has the effect of exempting the benefits from such tax.
Bill· HRH.R. 2604 (116th)referred
United States · United States Congress · 8 May 2019
Make Marriage Great Again Act of 2019 This bill addresses the tax effect commonly known as the marriage penalty by modifying the tax brackets and income thresholds that married individuals use to calculate their tax liability.
Bill· HRH.R. 2593 (116th)referred
United States · United States Congress · 8 May 2019
This bill requires the Department of the Treasury to collect data and report to Congress on investments held by qualified opportunity funds. Treasury must also make certain information regarding the investments publicly available. Qualified opportunity funds are investment vehicles that are organized as either a partnership or a corporation and receive tax benefits for investing in certain low-income communities that have been designated as opportunity zones.
Report· HearingS.Hrg.116published
United States · United States Senate · 7 May 2019
Report· HearingS.Hrg.116published
United States · United States Senate · 7 May 2019
Resolution· HRESH.Res. 357 (116th)passed
United States · United States Congress · 7 May 2019
Sets forth the rule for consideration of the bill (H.R. 986) to provide that certain guidance related to waivers for State innovation under the Patient Protection and Affordable Care Act shall have no force or effect, and providing for consideration of the bill (H.R. 2157) making supplemental appropriations for the fiscal year ending September 30, 2019.
Bill· HRH.R. 2541 (116th)referred
United States · United States Congress · 7 May 2019
Building United States Infrastructure and Leveraging Development Act or the BUILD Act This bill increases from $15 billion to $20.8 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.
Bill· HRH.R. 2560 (116th)referred
United States · United States Congress · 7 May 2019
Putting First Responders First Act This bill modifies the requirements for calculating taxable income to allow first responders to exclude from gross income certain service-connected disability payments received as part of a pension or annuity. The bill applies to law enforcement officers, firefighters, paramedics, and emergency medical technicians.
Bill· HRH.R. 2543 (116th)referred
United States · United States Congress · 7 May 2019
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 guidance for federal agencies that collect death data, and the Department of the Treasury and the Department of Health and Human Services shall jointly develop a plan to assist and states, local agencies, and Indian tribes in providing the data.
Bill· HRH.R. 2538 (116th)referred
United States · United States Congress · 7 May 2019
Child Safety Accounts Act This bill creates child safety accounts (CSAs) in the District of Columbia for students experiencing safety issues at school (e.g., incidents of bullying, sexual misconduct, fighting or physical assaults on the student, gang activity or drug usage, or food safety needs). Once the Office of School Security determines that an issue exists, parents are given the opportunity to enroll in CSAs for tuition and fees at qualified schools, tutoring services, textbooks, transportation costs, therapy costs to cope with safety incidents, and college courses. The bill sets forth procedures for scholarship granting organizations to accept donations for CSAs and pay out scholarships for students. CSA donors must be taxpayers, individuals, or corporations who file District income tax returns, cannot be claimed as a dependent on another taxpayer return, has donated to a scholarship granting organization, and has been certified by the Chief Financial Officer of the District to make the donation. Finally, this bill establishes a District program to provide tax credits against income tax imposed by the District on (1) certified donors to CSAs, and (2) parents for eligible expenses above the amount provided by the CSA.
Bill· SS. 1355 (116th)referred
United States · United States Congress · 7 May 2019
Segal AmeriCorps Education Award Tax Relief Act of 201 9 This bill modifies the requirements for calculating taxable income to exclude from gross income any AmeriCorps educational awards provided under the National and Community Service Act of 1990.
Bill· SS. 1351 (116th)referred
United States · United States Congress · 7 May 2019
Americans Giving Care to Elders (AGE) Act of 201 9 This bill allows a tax credit for a portion of a taxpayer's expenses for eldercare. The credit applies to expenses to care for certain relatives or members of the taxpayer's household who have attained the age of 65 and require assistance with activities of daily living. Eldercare expense include amounts paid for medical care, lodging away from home, adult day services, personal care, respite care, assistive technologies and devices (including remote health monitoring), environmental modifications (including home modifications), and counseling or training for a caregiver. The amount of eldercare expenses incurred during any year that may be taken into account for the credit may not exceed $6,000.
Bill· SS. 1346 (116th)referred
United States · United States Congress · 7 May 2019
Simplifying Financial Aid for Students Act of 2019 This bill revises the Free Application for Federal Student Aid (FAFSA) process and modifies federal student aid eligibility for certain students. Among other things, the bill revises FAFSA to remove certain questions such as those regarding a student's criminal history, Selective Service registration, and combat pay information; make it available to complete on a mobile device; consolidate questions regarding a student's homeless status; allow a student to automatically populate such form using data available from the Internal Revenue Service (IRS); provide forms in the most common languages spoken at home in the United States; and allow a student to complete FAFSA as an independent student under special circumstances. The bill also modifies the student eligibility criteria for federal student financial aid to deem a student eligible for a determination of a zero expected family contribution under certain circumstances, such as when a dependent student's parent participated in a means-tested benefits program (e.g., the Supplemental Nutrition Assistance Program or Medicaid); revise the simplified needs-analysis formula; remove drug conviction and Selective Service registration provisions; and make Dreamer students (i.e., students who have been granted Deferred Action for Childhood Arrivals status) eligible for federal financial aid. Additionally, the IRS must disclose certain tax return information to the Department of Education (ED) for the purpose of administering financial aid and loan programs. The bill also authorizes ED to carry out an early federal Pell Grant commitment program.
Bill· SS. 1344 (116th)referred
United States · United States Congress · 7 May 2019
This bill requires the Department of the Treasury to collect data and report to Congress on investments held by qualified opportunity funds. Treasury must also make certain information regarding the investments publicly available. Qualified opportunity funds are investment vehicles that are organized as either a partnership or a corporation and receive tax benefits for investing in certain low-income communities that have been designated as opportunity zones.
Bill· SS. 1333 (116th)open
United States · United States Congress · 6 May 2019
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 guidance for federal agencies that collect death data, and the Department of the Treasury and the Department of Health and Human Services shall jointly develop a plan to assist and states, local agencies, and Indian tribes in providing the data.
Bill· SS. 1332 (116th)open
United States · United States Congress · 6 May 2019
This bill establishes the congressional budget for the federal government for FY2020 and sets forth budgetary levels for FY2021-FY2029. The bill recommends levels and amounts for FY2020-FY2029 for federal revenues, new budget authority, budget outlays, deficits, public debt, debt held by the public, and the major functional categories of spending. It also recommends levels and amounts for FY2020-FY2029 in the Senate for Social Security and Postal Service discretionary administrative expenses. The bill includes reconciliation instructions that direct several Senate committees to report and submit to the Senate Budget Committee legislation to reduce the deficit by specified amounts over FY2020-FY2029. The committees include the Senate Agriculture, Nutrition, and Forestry Committee; the Senate Armed Services Committee; the Senate Banking, Housing, and Urban Affairs Committee; the Senate Energy and Natural Resources Committee; the Senate Health, Education, Labor, and Pensions Committee; the Senate Homeland Security and Governmental Affairs Committee; and the Senate Veterans Affairs Committee. The Senate Finance Committee must report and submit legislation to reduce the deficit and revenues by specified amounts over FY2020-FY2029. (Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) The bill establishes reserve funds that provide flexibility in applying budget enforcement rules to legislation relating to (1) efficiencies, consolidations, and other savings; or (2) health savings accounts. It also sets forth budget enforcement procedures for legislation considered in the Senate.
Bill· SS. 1327 (116th)referred
United States · United States Congress · 6 May 2019
This bill extends 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, 2018, and before January 1, 2022), during which facilities may qualify for the credit by being placed in service.
Bill· HRH.R. 2517 (116th)referred
United States · United States Congress · 3 May 2019
United States Postal Service Shipping Equity Act This bill authorizes the mailing of alcoholic beverages by a covered entity in accordance with the delivery requirements otherwise applicable to a privately carried shipment. Covered entity is defined as an entity (including a winery, brewery, or beverage distilled spirits plant, or other wholesale, distributer, or retailer of alcoholic beverages) that has registered with, obtained a permit from, or obtained approval of an application from the Department of the Treasury pursuant to the Federal Alcohol Administration Act or the Internal Revenue Code provisions regarding alcohol, tobacco, and certain other excise taxes. The bill directs the U.S. Postal Service (USPS) to prescribe regulations: (1) requiring such mailing to be through a means that ensures direct delivery to a duly authorized agent at a postal facility or to the addressee, who must be at least 21 years of age and present a valid, government-issued photo identification at the time of delivery; (2) prohibiting such alcoholic beverages from being for resale or any other commercial purpose; and (3) requiring such covered entity to certify that the mailing is not in violation of applicable laws or regulations and to provide other information as directed by the USPS, including with respect to the prepayment of state alcohol beverage taxes.
Bill· HRH.R. 2523 (116th)referred
United States · United States Congress · 3 May 2019
Anti-Congestion Tax Act This bill prohibits the Department of Transportation (DOT) from awarding capital investment grants to the Metropolitan Transportation Authority for projects in New York until DOT certifies that drivers using certain vehicular crossings (Holland Tunnel, Lincoln Tunnel, or George Washington Bridge) to enter into Manhattan receive exemptions from congestion fees. Drivers entering Manhattan using any of the three crossings receive a federal tax credit at the end of the year equal to the amount paid in congestion fees.
Report· HearingH.Hrg.116published
United States · United States House of Representatives · 2 May 2019
Report· HearingS.Hrg.116published
United States · United States Senate · 2 May 2019
Bill· HRH.R. 2500 (116th)open
United States · United States Congress · 2 May 2019
National Defense Authorization Act for Fiscal Year 2020 This bill authorizes FY2020 appropriations and sets forth policies for Department of Defense (DOD) programs and activities, including military personnel strengths. It does not provide budget authority, which is provided in subsequent appropriations legislation. The bill authorizes appropriations to DOD for Procurement, including aircraft, weapons and tracked combat vehicles, shipbuilding and conversion, missiles, and space procurement; Research, Development, Test, and Evaluation; Operation and Maintenance; Working Capital Funds; Chemical Agents and Munitions Destruction; Drug Interdiction and Counter-Drug Activities; the Defense Inspector General; the Defense Health Program; the Armed Forces Retirement Home; Overseas Contingency Operations; and Military Construction. The bill authorizes the FY2020 personnel strength for active duty and reserve forces and sets forth policies regarding military personnel, acquisition policy and management, international programs, and National Guard and Reserve Forces facilities. The bill also authorizes appropriations for base realignment and closure activities.
Law· HRH.R. 2476 (116th)enacted
United States · United States Congress · 2 May 2019
Securing American Nonprofit Organizations Against Terrorism Act of 2019 This bill establishes in the Department of Homeland Security a Nonprofit Security Grant Program, under which the Federal Emergency Management Agency (FEMA) shall make grants to eligible nonprofit organizations (tax-exempt organizations and those determined to be at risk of a terrorist attack) for target hardening and other security enhancements to protect against terrorist attacks.
Bill· HRH.R. 2505 (116th)open
United States · United States Congress · 2 May 2019
Unauthorized Spending Accountability Act of 201 9 This bill establishes a three-year budgetary level reduction schedule with respect to unauthorized programs funded through the annual appropriations process. The term "budgetary level" refers to an allocation provided to the congressional appropriations committees under section 302(a) of the Congressional Budget Act of 1974 by a congressional budget resolution or a deeming resolution. The schedule applies to programs included in the Congressional Budget Office's annual report listing programs that are funded through the appropriations process and have an authorization of appropriations that has either expired or will expire during the year. For the first year after a program's authorization has expired, the bill requires the budgetary level to be reduced by 10% of the funds appropriated for the program in the expiring fiscal year. The bill then requires reductions of 15% in the second and third years before terminating the program at the end of the third unauthorized year. Programs that are reauthorized during the three-year period are exempt from the budgetary level reductions if the reauthorization contains a sunset provision limiting the authorization of appropriations period to no more than three years. The bill establishes the Spending and Accountability Commission to review all mandatory spending programs and submit to Congress a legislative proposal to establish an authorization cycle for discretionary spending programs. The commission may recommend legislation to replace the budgetary level reductions required by this bill with reductions in mandatory spending. The commission's reauthorization schedule must limit reauthorizations to three years, include the budgetary level reductions established by this bill, and establish a mechanism for replacing the budgetary level reductions with reductions to mandatory spending programs. The House of Representatives must consider the commission's proposal using specified expedited legislative procedures.
Bill· HRH.R. 2510 (116th)referred
United States · United States Congress · 2 May 2019
American Cars, American Jobs Act of 2019 This bill establishes in the National Highway Traffic Safety Administration the American Cars, American Jobs Program. Under the program, the Department of Transportation must issue vouchers of $3,500 to offset the purchase or lease price of a new automobile made in the United States if at least 45% of the automobile's parts come from the United States or Canada and assembly of the automobile occurs in the United States. The amount of the voucher for new qualified plug-in electric drive motor vehicles is $4,500. The bill amends the Internal Revenue Code to disallow a tax deduction for the global low-tax income of certain foreign subsidiaries of U.S. automakers whose profits exceed a specified percentage of their value.
Bill· HRH.R. 2499 (116th)referred
United States · United States Congress · 2 May 2019
Hire Student Veterans Act This bill allows a work opportunity tax credit for hiring a veteran attending an educational institution using educational assistance provided under certain programs administered by the Department of Defense or the Department of Veterans Affairs. It also modifies the minimum employment period required for veterans who qualify for the credit under this bill.
Bill· HRH.R. 2497 (116th)referred
United States · United States Congress · 2 May 2019
Tribal Adoption Parity Act This bill allows Indian tribal governments to determine whether a child has special needs for the purposes of the adoption tax credit.
Bill· HRH.R. 2484 (116th)referred
United States · United States Congress · 2 May 2019
Tribal Tax and Investment Reform Act of 2019 This bill treats Indian tribal governments as states for purposes of the annual allocation of the tax-exempt bond volume cap. It also repeals provisions that limit an Indian tribal government's eligibility to issue tax-exempt bonds or to be exempt from specified excise taxes to transactions involving the exercise of an essential government function customarily performed by state and local governments. The bill (1) treats employee benefit or pension plans maintained by Indian tribes and domestic relations orders issued pursuant to tribal law in the same manner as plans maintained by states and domestic relations orders issued pursuant to state law; and (2) treats tribal charities and foundations in the same manner as charities and foundations funded and controlled by other governmental entities for purposes of the tax-exempt status of, and deduction for contributions to, such organizations. The bill gives Indian tribes or tribal organizations access to the Federal Parent Locator Service if they are eligible for a grant to operate a child support enforcement program. It makes those tribes and tribal organizations eligible to participate in the program that collects past-due support from individual tax refunds. An Indian tribal government may determine whether a child has special needs for the purpose of the tax credit for the adoption of a child with special needs.
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