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Records whose title is actually about this topic. Use a country filter if the list is still too broad.
701 records in US in 2016
United States · United States Congress · 1 March 2016
This bill amends the Internal Revenue Code to provide for a 90-day minimum automatic extension of tax deadlines applicable to individuals and businesses affected by a federally-declared disaster.
United States · United States Congress · 29 February 2016
Sustainable Water Infrastructure Investment Act of 2016 This bill amends the Internal Revenue Code to exempt from state volume caps tax-exempt facility bonds for sewage and water supply facilities.
United States · United States House of Representatives · 26 February 2016
United States · United States Congress · 26 February 2016
Traditional Banking Regulatory Relief Act of 2015 This bill amends the Federal Deposit Insurance Act (FDIA) to prescribe capital requirements for traditional banking organizations (TBOs) at a minimum simple leverage ratio of no less than 10%. A TBO is any bank holding company, savings and loan holding company, bank, or savings association that individually (and when including its parent, subsidiaries, and affiliates) meets the following criteria: has zero trading assets and zero trading liabilities, does not engage in swaps or security-based swaps other than those referencing interest rates or foreign exchange swaps, and has a total gross notional exposure of swaps and security-based swaps of not more than $3 billion. "Simple leverage ratio" means: total equity less goodwill and deferred tax assets, divided by total assets less goodwill and deferred tax assets, as measured by generally accepted accounting principles. A TBO meeting this minimum simple leverage ratio may notify the federal banking agencies to maintain it as the sole measure of its capital adequacy. The risk-based capital requirement shall not apply to it. If the TBO fails to maintain the minimum simple leverage ratio, it shall remain exempt from the risk-based capital requirement for an 18-month grace period. The bill grants a TBO with a simple leverage ratio of 8% or more a phase-in period of 18 months after enactment of this bill within which to elect to meet the minimum simple leverage ratio as its sole measure of capital adequacy. The federal banking agencies, with respect to reports of condition, shall permit a reduced reporting requirement for a TBO electing to maintain a simple leverage ratio as its sole measure of capital adequacy. The 18-month on-site examination cycle shall apply to TBOs (and, as under current law, to insured depository institutions whose assets total less than $1 billion) if the appropriate federal banking agency believes this is consistent with the TBO's safety and soundness. The bill repeals the authority of federal banking agencies, at their discretion, to increase the maximum asset amount of insured depository institutions for certain purposes. The Dodd-Frank Wall Street Reform and Consumer Protection Act is amended to exempt TBOs from mandatory annual stress tests.
United States · United States Congress · 26 February 2016
Environmental Justice Act of 2016 This bill amends the Internal Revenue Code to allow a credit against the employment taxes of a tax-exempt organization equal to 40% of amounts paid or incurred by such organization to support environmental justice communities or projects. The limit on the amount of such credit for a calendar year is $10,000.
United States · United States Congress · 26 February 2016
Sanctioned Iranian Entities Oversight Act of 2016 This bill amends the National Defense Authorization Act for Fiscal Year 2013 to extend through 2019 the annual report the President must submit to Congress regarding the use of certain Iranian seaports by foreign vessels and the use of foreign airports by sanctioned Iranian air carriers. Such report shall also include a description of Department of State efforts to encourage other countries to prohibit the use of air space and airports by sanctioned Iranian air carriers.
United States · United States House of Representatives · 25 February 2016
United States · United States Senate · 25 February 2016
United States · United States Congress · 25 February 2016
Truth in Hotel Advertising Act of 2016 This bill prohibits certain entities that are subject to the enforcement authority of the Federal Trade Commission (FTC) from advertising a rate for a hotel room that does not include all required fees other than taxes and fees imposed by a government. Violations are to be treated as unfair or deceptive acts or practices under the Federal Trade Commission Act. The bill sets forth authority for the FTC and states to enforce against such violations.
United States · United States Congress · 25 February 2016
Building Rail Access for Customers and the Economy Act This bill amends the Internal Revenue Code to make permanent the tax credit for railroad track maintenance.
United States · United States Congress · 25 February 2016
Biased IRS Audit Systems Prevention Act This bill directs the Internal Revenue Service (IRS) to: (1) provide a taxpayer who is selected for an audit sufficient information regarding the reason the taxpayer's return was selected for an audit and to preserve such information for review; (2) document and record how many returns are selected for audit based on randomized selection, scoring under the Discriminant Index Function System, a determination by an IRS examiner, and other methodologies; and (3) repurpose resources for the National Research Program (taxpayer data collection program) to combat tax refund fraud and identity theft. The bill prohibits the IRS from conducting any audit, investigation, or examination of a taxpayer that is primarily for research purposes.
United States · United States Congress · 25 February 2016
Building Rail Access for Customers and the Economy Act or the BRACE Act This bill amends the Internal Revenue Code to make permanent the tax credit for railroad track maintenance.
United States · United States Congress · 25 February 2016
Carbon Capture Act This bill amends the Internal Revenue Code, with respect to the tax credit for carbon dioxide sequestration, to: (1) make such credit permanent after 2015; (2) increase such credit after 2024 for a qualified facility originally placed in service after December 31, 2015; (3) allow such credit to a person who disposes of, or uses as a tertiary injectant, the carbon dioxide; and (4) modify the definition of "qualified facility" for purposes of eligibility for such credit to require not less than 150,000 metric tons (currently, 500,000 metric tons) to be captured at such a facility during the taxable year.
United States · United States Congress · 25 February 2016
Water Conservation Rebate Tax Parity Act This bill amends the Internal Revenue Code to allow an exclusion from gross income of the value of any water conservation and efficiency measure or water runoff management improvement (or any subsidy, rebate, or other amount for such a measure or improvement) received from a water department. A "water department" means any entity (including a public or private utility, the federal government, or a state or local government) engaged in the provision of water to the public through pipes or other conveyances or in the collection, treatment, management, or disposal of storm water or waste water generated by the public.
United States · United States Senate · 24 February 2016
United States · United States Senate · 24 February 2016
United States · United States House of Representatives · 24 February 2016
United States · United States House of Representatives · 24 February 2016
United States · United States House of Representatives · 24 February 2016
United States · United States Senate · 24 February 2016
United States · United States Senate · 24 February 2016
United States · United States Senate · 24 February 2016
United States · United States Congress · 24 February 2016
Healthy Homes Tax Credit Act This bill amends the Internal Revenue Code to allow new tax credits for 50% of: (1) lead hazard reduction activity costs, (2) radon hazard reduction activity costs, and (3) asbestos hazard reduction activity costs. These costs must be incurred with respect to an eligible dwelling and the credit for such costs is generally limited to $5,000 for any eligible dwelling in any taxable year, reduced by costs taken into account in previous taxable years. The bill defines an "eligible dwelling" generally as a dwelling unit that is: (1) placed in service before 1950; (2) located in the United States; and (3) a house, apartment, condominium, mobile home, boat, or similar property, but not a unit used exclusively as a hotel, motel, inn, or similar establishment.
United States · United States Congress · 24 February 2016
Home Lead Safety Tax Credit Act of 2016 This bill allows owners of eligible dwelling units a new tax credit for up to 50% of the lead hazard reduction activity costs for each such unit in a taxable year. An "eligible dwelling unit" is any unit located in the United States that was placed in service before 1978 and the residents of which during the preceding taxable year have a cumulative adjusted gross income of less than $110,000. The bill: (1) specifies the types of lead hazard reduction activity costs eligible for the credit, including risk assessment and abatement costs; and (2) limits the amount of the credit in any taxable year to $3,000 for specified abatement measures and $1,000 for interim lead control measures.
United States · United States Congress · 24 February 2016
SAVE for Small Businesses Act or the Savings Accounts for a Variable Economy for Small Businesses Act This bill amends the Internal Revenue Code to: (1) provide for tax-exempt small business savings accounts, and (2) allow tax deductible contributions to such accounts of not more than 10% of the gross profits of an eligible small business (a business employing an average of 50 or fewer full-time employees) for the preceding taxable year. The bill excludes qualified distributions from such accounts from gross income for income tax purposes. A "qualified distribution" is: (1) any amount that is distributed from a small business savings account during a specified period of economic hardship, and (2) the distribution of which is certified as being part of a plan that provides for the reinvestment of such distribution for the funding of worker hiring or financial stabilization for the purposes of job retention or creation. The Secretary of the Treasury shall: (1) establish minimum standards for small business savings accounts that seek to minimize fees and risk of loss of principal, and (2) ensure a range of investment risk options available to account beneficiaries.
United States · United States Congress · 24 February 2016
Directs the House Budget Committee to hold a public hearing on the President's FY2017 budget request with the Director of the Office of Management and Budget as a witness.
United States · United States Senate · 23 February 2016
United States · United States Senate · 23 February 2016
United States · United States Senate · 23 February 2016
United States · United States Congress · 23 February 2016
Fiscal Year 2016 Department of Veterans Affairs Seismic Safety, Construction, and Leases Authorization Act This bill authorizes the Department of Veterans Affairs (VA) to carry out the following major medical facility projects (each with specified maximum authorized funds): seismic corrections to buildings, including retrofitting and replacement of high-risk buildings, in San Francisco, California; seismic corrections to facilities, including facilities to support homeless veterans, at the medical center in West Los Angeles, California; seismic corrections to the mental health and community living center in Long Beach, California; construction of an outpatient clinic, administrative space, cemetery, and columbarium in Alameda, California; realignment of medical facilities in Livermore, California; construction of a replacement community living center in Perry Point, Maryland; and seismic corrections and other renovations to several buildings and construction of a specialty care building in American Lake, Washington. A specified amount is authorized to be appropriated to the VA for such projects for FY2016 or the year in which funds are appropriated for the Construction, Major Projects, account. Such projects may only be carried out using specified funds. The VA shall submit to Congress the following information for each such project: line item accounting of construction management expenditures, future amounts budgeted for construction management, and any agreement entered into by the VA regarding the Army Corps of Engineers providing project services. The VA may carry out major medical facility leases (each with specified maximum authorized funds) for specified outpatient clinics and research spaces.
United States · United States Congress · 23 February 2016
Reducing Long-Term Unemployment Act This bill amends the Internal Revenue Code to extend until December 31, 2017, the suspension of employment and railroad retirement taxes for employers who hire unemployed individuals. The aggregate reduction in taxes from such suspension is limited to $5,000 per employee. The bill modifies the unemployment requirement to require a signed affidavit from the unemployed individual that, during the entire 27-week period ending on the hiring date, such individual: (1) was receiving federal or state unemployment compensation, or (2) was unemployed and would have received unemployment compensation except for having exhausted the right to receive such compensation during such period.
United States · United States Congress · 23 February 2016
Stop Corporate Earnings Stripping Act of 2016 This bill amends the Internal Revenue Code to limit the tax deduction available to certain foreign-controlled U.S. multinational corporations for excess interest on debt incurred by such corporation (i.e., earnings stripping) by: (1) repealing the debt-to-equity ratio threshold required for such deduction, (2) reducing the permitted net interest expense threshold from 50% to 25% of the corporation's adjusted taxable income, (3) repealing the carryforward of excess amounts of interest, and (4) limiting to five years the carryforward of disallowed interest expense.
United States · United States Congress · 12 February 2016
United States Commission on the Organization of Petroleum Exporting Countries Act of 2016 This bill establishes the United States Commission on the Organization of Petroleum Exporting Countries (OPEC) to investigate and address any practices on the part of OPEC that prevent or reduce competition in the global oil market. The Commission shall be composed of a bipartisan group of 16 experts on energy and related matters chosen by the leadership of both parties in Congress and appointed by the President. All members of the Commission must be U.S. citizens. The bill requires the Commission to: determine whether the anti-competitive behavior of OPEC is designed to disadvantage U.S. oil producers; assess the impact of OPEC's policies on U.S. economic and energy security interests; assess how federal agencies are working to alleviate the potential negative impacts of OPEC's behavior; and produce policy recommendations for tax, trade, defense, diplomacy, and other areas where OPEC's behavior is found to cause adverse impacts. The Commission must submit a report of its findings and recommendations to Congress and the President within 12 months. The Commission shall terminate within 90 days after submission of its report. On receipt of the Commission's report, the President will have 90 days to submit Congress a proposal to implement or respond to the recommendations.
United States · United States Congress · 12 February 2016
Critical Access and Rural Equity Act of 2016 or the CARE Act of 2016 This bill amends title XVIII (Medicare) of the Social Security Act to specify that, for purposes of determining Medicare payment and reasonable costs for both inpatient and outpatient critical access hospital (CAH) services, the Centers for Medicare & Medicaid Services (CMS) shall recognize as allowable costs those related to specified emergency, diagnostic, anesthetist, community health, and off-campus clinical services. Furthermore, in determining payment and reasonable costs for both inpatient and outpatient CAH services, CMS shall not disallow payment to a CAH on the basis that such payment offsets the cost of a current permissible health care-related tax imposed on and paid by the CAH. CMS must make specified payment adjustments to account for such a tax. Generally, under current law, a facility must be located beyond a specified driving distance from another hospital or facility in order to be designated as a CAH. The bill specifies that this requirement does not apply with respect to a CAH's off-campus provider-based clinic. Current law further requires a facility to provide certain 24-hour emergency care services as a condition of designation as a CAH. The bill allows CMS to waive this requirement with respect to a facility that coordinates with a nearby facility or hospital that provides such services.
United States · United States Congress · 12 February 2016
Expanding Employee Ownership Act of 2016 This bill amends the Internal Revenue Code to exclude from the gross income of an employee: (1) shares of employer securities received in a qualified employee stock distribution as compensation for services that do not exceed the lowest number of employer securities received by any employee in such distribution; (2) any gain on such securities if held by an employee for not less than 10 years; and (3) in the case of any qualified disposition of an employer security that meets such 10-year holding requirement, any gain on so much stock acquired during the 60-day period beginning on the date of such disposition as does not exceed the fair market value of the employer security so disposed. Employers may claim a tax deduction for the fair market value of securities transferred in a stock distribution. Employees must recapture in gross income the amount of employer securities excluded from gross income if such securities are disposed of within five years after receipt.
United States · United States Congress · 12 February 2016
Zika Immunization Plan Act or the ZIP Act This bill amends the Internal Revenue Code to allow a tax credit for 10% of qualified research expenses related to the development of a vaccine for the Zika virus.
United States · United States House of Representatives · 11 February 2016
United States · United States House of Representatives · 11 February 2016
United States · United States Senate · 11 February 2016
United States · United States Senate · 11 February 2016
United States · United States Senate · 11 February 2016
United States · United States Congress · 11 February 2016
Making Opportunities for Broadband Investment and Limiting Excessive and Needless Obstacles to Wireless Act or the MOBILE NOW Act This bill requires the National Telecommunications and Information Administration (NTIA) and the Federal Communications Commission (FCC), by December 31, 2020, to make available at least 255 megahertz of federal and nonfederal spectrum below the frequency of 6000 megahertz for mobile and fixed wireless broadband use. The spectrum must be made available on a licensed or unlicensed basis for shared use by nonfederal and federal users to enable the deployment of wireless broadband services. The NTIA must assess the feasibility of authorizing mobile or fixed terrestrial wireless operations, including for advanced mobile service operations, on federal entities and operations in specified bands between 24250 and 86000 megahertz. The FCC must then publish a notice of proposed rulemaking within two years after enactment of this Act to consider service rules authorizing such operations. The Department of Commerce and the FCC must submit reports evaluating the feasibility of allowing commercial wireless services to share use of specified frequencies between 3100 and 4200 megahertz. The FCC must include in its proposals for the assignment of new licenses for nonfederal use under Spectrum Pipeline Act of 2015 any spectrum within those frequencies identified as most suitable for sharing with commercial wireless services if the frequencies are suitable for allocation by competitive bidding. Before 2017, the FCC must take action in its Program Alternatives for Small Wireless Communications Facility Deployments proceeding. The Middle Class Tax Relief and Job Creation Act of 2012 is amended to require executive agencies, within a reasonable period of time, to grant or deny applications for easements or rights-of-way to, in, over, or on federal property to install, construct, modify, or maintain a communications facility installation. Executive agencies must: (1) notify applicants of the reasons for denials, (2) explain delays if a decision is not made within 150 days after receiving an application, and (3) designate an agency point of contact for applicants. The bill expands the categories of infrastructure, antennas, wiring, and wireless transmission equipment for which applicants may seek such easements or rights-of-way. The bill expresses the sense of Congress that federal agencies should: (1) include conduit installation in federally funded highway construction projects, and (2) ensure that communications providers may access such conduit on a nondiscriminatory basis. The Office of Science and Technology Policy (OSTP) must establish a single database of real property owned, leased, or managed by executive agencies that is capable of supporting a communications facility installation. The OSTP must make the database available to: (1) entities that construct or operate communications facility installations or provide communications service, and (2) state and local governments so that they may provide information regarding state and local properties to include in the database. Commerce must submit recommendations to incentivize federal entities to relinquish, or share with federal or nonfederal users, federal spectrum for commercial wireless broadband services. The Office of Management and Budget may provide pre-auction funding to federal agencies for auctions intended to occur within eight years (currently, five years) after the transfer of funds. Federal entities may request an immediate transfer of funds to pay for relocation or sharing costs after the frequencies are reallocated by competitive bidding.
United States · United States Congress · 11 February 2016
Reaffirms the House of Representatives' commitment to recovering all powers of the American people expressly delegated to the legislative branch in Article I of the Constitution. Reaffirms its commitment to maintaining the separation of powers through proper and thorough oversight of the executive branch and its departments and agencies. Declares its intent to reclaim legislative powers from executive departments and agencies, whether improperly claimed or previously granted. Reaffirms Congress's authority as delegated by the people to lay and collect taxes, pay debts, and provide for the common defense and general welfare. Reaffirms its authority on behalf of the people to make rules for the government and regulation of the armed forces.
United States · United States Congress · 11 February 2016
No Windfalls for Bailed Out Executives Act This bill amends the Internal Revenue Code to deny deferred compensation to, or to require repayment of deferred compensation received by, key employees, members of the board of directors or other officers of a corporation, or any other employee having annual compensation of more than $1 million during any 36-month period in which their employer receives extraordinary assistance from the federal government. The bill defines "extraordinary governmental assistance" as grants, loans, loan guarantees, or other assistance to an employer that is intended to prevent such employer from becoming imminently insolvent or to cure such insolvency.
United States · United States Congress · 11 February 2016
Save Teachers of Adults from Paying out of Their Livelihood for Education Resources Act of 2016 or the STAPLER Act of 2016 This bill amends the Internal Revenue Code to include individuals who provide adult education for at least 250 hours in a taxable year in the definition of "eligible educator" for purposes of the $250 tax deduction allowed to such educators for their education-related costs.
United States · United States Senate · 10 February 2016
United States · United States House of Representatives · 10 February 2016
United States · United States House of Representatives · 10 February 2016
United States · United States House of Representatives · 10 February 2016
United States · United States Senate · 10 February 2016