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101 records in US in 2019

Records

Bill· HRH.R. 5264 (116th)referred

It’s About Time Act

United States · United States Congress · 22 November 2019

It's About Time Act This bill changes the calendar period for the federal fiscal year (currently October 1 through September 30) to January 1 through December 31 beginning in 2020.

Bill· HRH.R. 5261 (116th)referred

RAISE Act of 2019

United States · United States Congress · 22 November 2019

Rewarding American Investments to Support Employees Act of 2019 or the RAISE Act of 2019 This bill allows employers a tax credit for 10% of the increase in the aggregate amount of wages paid to specified employees in the current taxable year. The credit shall not exceed $500,000 for any employer for any taxable year. The bill defines "specified employee" as any employee who (1) was employed continuously in one or more trades or businesses of the employer, and (2) earned wages not in excess of $75,000.

Bill· HRH.R. 5259 (116th)referred

Preserving Family Farms Act of 2019

United States · United States Congress · 22 November 2019

Preserving Family Farms Act of 2019 This bill amends the Internal Revenue Code to increase to $11.4 million (currently, $750,000) the limitation on the special use valuation for farmland or other trades or businesses for estate tax purposes. The increased amount is adjusted for inflation for estates of decedents dying after 2019.

Bill· HRH.R. 5258 (116th)referred

No Bonuses During Blackouts Act of 2019

United States · United States Congress · 22 November 2019

No Bonuses During Blackouts Act of 2019 This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy reorganization and that make incentive-based payments, other than salary, to any of their 13 highest compensated employees, or that own or lease infrastructure other than climate-resilient infrastructure (i.e., infrastructure capable of reducing the impact of major weather events and natural disasters).

Bill· HRH.R. 5210 (116th)referred

Refugee Protection Act of 2019

United States · United States Congress · 21 November 2019

Refugee Protection Act of 2019 This bill provides protections for aliens such as asylum seekers and contains other provisions. The bill's provisions include eliminating the general requirement that an asylum seeker apply for asylum within one year of arriving in the United States; prohibiting requiring an asylum seeker to provide corroborating evidence of persecution if such evidence is not reasonably obtainable; waiving certain grounds of inadmissibility or deportability for qualifying refugees seeking permanent resident status; requiring the Department of Justice to appoint counsel to a child or particularly vulnerable individual in certain immigration proceedings; increasing the annual cap on principal nonimmigrant U visas (victims of crimes) from 10,000 to 20,000; prohibiting the removal of an alien with certain pending immigration applications, such as a U visa application; imposing limits on when an alien may be removed from the United States in a proceeding without the alien present; establishing a presumption that the least restrictive conditions necessary should be imposed in custody proceedings for asylum seekers, including release if appropriate; establishing that the maximum number of refugees admitted each fiscal year shall be no less than 95,000; directing the Department of State to help other governments increase their capacity to care for and accept refugees; directing the State Department to establish refugee processing centers in other countries in North and Central America; and authorizing the Department of Homeland Security to provide special immigrant status to qualified aliens who assisted U.S. efforts in Syria and admit up to 5,000 such aliens each fiscal year for five years.

Bill· HRH.R. 5250 (116th)open

Veterans Back to Work Act of 2019

United States · United States Congress · 21 November 2019

Veterans Back to Work Act of 2019 This bill amends the Internal Revenue Code to (1) make permanent the work opportunity tax credit for hiring qualified veterans (veterans receiving compensation for a service-connected disability and other federal assistance); and (2) allow employers who hire qualified veterans to elect to claim the tax credit as an exemption from employment and railroad retirement taxes for such veterans' first-year wages, subject to specified limitations. The bill appropriates amounts to the Social Security trust funds and the Social Security Equivalent Benefit Account to cover any revenue loss to such funds resulting from this bill.

Bill· HRH.R. 5240 (116th)referred

To amend the Internal Revenue Code of 1986 to make the look-thru rule for related controlled foreign corporations permanent.

United States · United States Congress · 21 November 2019

This bill amends the Internal Revenue Code to make permanent the tax rule exempting dividends, interest, rents, and royalties received or accrued from certain controlled foreign corporations by a related entity from treatment as foreign holding company income (thus permitting tax deferral of such income).

Bill· HRH.R. 5226 (116th)referred

Funding Deadline Enforcement Act

United States · United States Congress · 21 November 2019

Funding Deadline Enforcement Act This bill generally prohibits federal funds from being used to pay for the travel costs of a Member of Congress during a fiscal year until each of the regular appropriations bills for the fiscal year has been enacted. The bill also prohibits the House of Representatives from adjourning for more than 12 hours until each appropriations bill is enacted. Further, on every legislative day until each appropriations bill is enacted, the Speaker of the House shall call for a recorded vote on the approval of the Journal of the last day's proceedings.

Bill· HRH.R. 5220 (116th)referred

A Fast-Tracked Executive Rescission Review (AFTER) of Appropriations Act of 2019

United States · United States Congress · 21 November 2019

A Fast-Tracked Executive Rescission Review (AFTER) of Appropriations Act of 2019 This bill establishes expedited legislative procedures for congressional consideration of proposals by the President to rescind funding, cancel a new item of direct spending, or cancel a limited tax benefit.

Bill· HRH.R. 5215 (116th)referred

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019

United States · United States Congress · 21 November 2019

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019 This bill amends the Internal Revenue Code to extend through 2022 the election to expense (i.e., deduct in the current taxable year) environmental remediation costs (i.e., costs for the abatement or control of hazardous substances at a qualified contaminated site). The bill applies to expenditures paid or incurred after December 31, 2018.

Bill· HRH.R. 5211 (116th)referred

Sustainable Budget Act of 2019

United States · United States Congress · 21 November 2019

Sustainable Budget Act of 2019 This bill establishes the National Commission on Fiscal Responsibility and Reform within the legislative branch to identify policies to improve the fiscal situation in the medium term and achieve fiscal sustainability over the long term. The commission must propose recommendations that (1) are designed to balance the budget, excluding interest payments on the debt, within 10 years; and (2) meaningfully improve the long-term fiscal outlook, including changes to address the growth of entitlement spending and the gap between projected federal revenues and expenditures. Congress must consider the commission's recommendations using specified expedited legislative procedures.

Bill· SS. 2942 (116th)referred

A bill to amend the Internal Revenue Code of 1986 to provide that certain contributions by government entities are treated as contributions to capital.

United States · United States Congress · 21 November 2019

This bill amends the Internal Revenue Code to revise requirements for the tax exclusion for contributions to the capital of a corporation. Specifically, the bill allows an exclusion for certain amounts received by a regulated public utility that provides water or sewerage disposal services.

Bill· SS. 2936 (116th)referred

Refugee Protection Act of 2019

United States · United States Congress · 21 November 2019

Refugee Protection Act of 2019 This bill provides protections for aliens such as asylum seekers and contains other provisions. The bill's provisions include eliminating the general requirement that an asylum seeker apply for asylum within one year of arriving in the United States; prohibiting requiring an asylum seeker to provide corroborating evidence of persecution if such evidence is not reasonably obtainable; waiving certain grounds of inadmissibility or deportability for qualifying refugees seeking permanent resident status; requiring the Department of Justice to appoint counsel to a child or particularly vulnerable individual in certain immigration proceedings; increasing the annual cap on principal nonimmigrant U visas (victims of crimes) from 10,000 to 20,000; prohibiting the removal of an alien with certain pending immigration applications, such as a U visa application; imposing limits on when an alien may be removed from the United States in a proceeding without the alien present; establishing a presumption that the least restrictive conditions necessary should be imposed in custody proceedings for asylum seekers, including release if appropriate; establishing that the maximum number of refugees admitted each fiscal year shall be no less than 95,000; directing the Department of State to help other governments increase their capacity to care for and accept refugees; directing the State Department to establish refugee processing centers in other countries in North and Central America; and authorizing the Department of Homeland Security to provide special immigrant status to qualified aliens who assisted U.S. efforts in Syria and admit up to 5,000 such aliens each fiscal year for five years.

Bill· HRH.R. 5174 (116th)referred

State Sponsored Visa Pilot Program Act of 2019

United States · United States Congress · 19 November 2019

State Sponsored Visa Pilot Program Act of 2019 This bill grants nonimmigrant visas to qualified aliens sponsored by a U.S. state (or the District of Columbia) to perform services, provide investment, or otherwise contribute to the state's economy. The Department of Homeland Security (DHS) shall issue a visa to a qualified alien sponsored through a state program that (1) was approved by the state's legislature, (2) regulates the employment and residence of the alien, (3) has procedures to inform DHS of the alien's noncompliance with requirements, and (4) allows the alien to seek employment with new employers. Such a visa may be valid for up to three years and may be renewed. An alien with such a visa shall (1) be authorized to work and reside in the sponsoring state, (2) be subject to all relevant tax and employment laws, and (3) not be entitled to federal public benefits. States may enter into an agreement to jointly administer a sponsoring program, and to provide work authorization to aliens sponsored by other states that are party to the agreement. The number of visas available to each state shall be increased or decreased annually based on factors including (1) the state's economic growth in the prior year, and (2) the percentage of state-sponsored aliens that violated the program's rules. States are authorized to take various actions to enforce program rules. DHS and the Department of Justice shall jointly develop a visa application fraud prevention program.

Bill· HRH.R. 5178 (116th)referred

RAFT Act of 2019

United States · United States Congress · 19 November 2019

Reforming America's Fiscal Toolkit Act of 2019 or the RAFT Act of 2019 This bill modifies the federal budget process to provide for the establishment of a target for the ratio of the public debt to the estimated gross domestic product (GDP). Specifically, the bill requires congressional budget resolutions to include a recommended ratio of public debt to GDP. In addition, congressional budget resolutions for even-numbered fiscal years must either (1) instruct one or more congressional committees to recommend changes in existing laws necessary to achieve the target ratio, or (2) request the establishment of a Joint Select Committee on Fiscal Responsibility to make the recommendations. The bill also sets forth requirements for (1) establishing the Joint Select Committee on Fiscal Responsibility if it is requested, and (2) considering the recommendations of the joint committee or other congressional committees using expedited legislative procedures in the Senate.

Bill· HRH.R. 5167 (116th)referred

CORE Justice Act of 2019

United States · United States Congress · 19 November 2019

Creating Opportunities in Research for Environmental Justice Act of 2019 or the CORE Justice Act of 2019 This bill allows certain educational institutions a tax credit for up to 30% of amounts paid that are necessary for a qualified environmental justice program. The bill defines "qualified environmental justice program" as a program conducted by educational institutions that is designed to address, or improve data about, qualified environmental stressors (i.e., contaminations of air, water, soil, or food) for the primary purpose of improving, or facilitating the improvement of, health and economic outcomes of individuals residing in low-income areas or areas populated disproportionately by racial or ethnic minorities. The bill requires (1) the allocation of credit amounts to educational institutions over a five-year period, and (2) public disclosure of the identity of educational institutions receiving allocations and the amount of each allocation.

Bill· HRH.R. 5166 (116th)referred

Mechanical Insulation Installation Incentive Act of 2019

United States · United States Congress · 19 November 2019

Mechanical Insulation Installation Incentive Act of 2019 This bill allows a tax credit for 10% of the labor costs of installing mechanical insulation property.

Bill· HRH.R. 5165 (116th)referred

Innovative Energy Manufacturing Act of 2019

United States · United States Congress · 19 November 2019

Innovative Energy Manufacturing Act of 2019 This bill amends the Internal Revenue Code to provide for additional annual allocations, in 2020 through 2024, of the qualifying advanced energy project tax credit. The Department of the Treasury must report to Congress by the end of 2025, on domestic job creation attributable to the credit allocations made by this bill.

Bill· HRH.R. 5164 (116th)referred

EV CHARGE Act of 2019

United States · United States Congress · 19 November 2019

Electric Vehicle Charging Helps Access to Renewable Green Energy Act of 2019 or the EV CHARGE Act of 2019 This bill reinstates and extends through 2024, the 30% tax credit for the cost of alternative fuel vehicle refueling property. The bill allows an additional 20% credit for excess costs attributable to refueling property that is intended for general public use or for use exclusively by fleets of commercial or government vehicles.

Bill· HRH.R. 5163 (116th)referred

Green Bus Tax Credit Act of 2019

United States · United States Congress · 19 November 2019

Green Bus Tax Credit Act of 2019 This bill allows a manufacturer a zero-emission bus tax credit. The credit is equal to 10% of the sales price of a zero-emission heavy vehicle. The credit only applies to the first $1 million of a vehicle's sales price. The bill defines "zero-emission heavy vehicle" as a motor vehicle that has a gross vehicle weight rating of not less than 14,000 pounds, is not powered or charged by an internal combustion engine, and is propelled solely by an electric motor that draws electricity from a battery or fuel cell.

Bill· HRH.R. 5162 (116th)referred

Green VAN Act of 2019

United States · United States Congress · 19 November 2019

Green Vehicle Adoption Nationwide Act of 2019 or the Green VAN Act of 2019 This bill allows a manufacturer a 10% tax credit of the sales price of a zero-emission heavy vehicle. The credit only applies to the first $1 million of a vehicle's sales price. The bill defines "zero-emission heavy vehicle" as a motor vehicle that has a gross vehicle weight rating of not less than 14,000 pounds, is not powered or charged by an internal combustion engine, and is propelled solely by an electric motor that draws electricity from a battery or fuel cell.

Bill· HRH.R. 5161 (116th)referred

Affordable EVs for Working Families Act of 2019

United States · United States Congress · 19 November 2019

Affordable EVs for Working Families Act of 2019 This bill allows an income-based tax credit for the purchase of a previously-owned qualified plug-in electric drive motor vehicle. The credit is limited to 30% of the sales price of such a vehicle. The bill defines "previously-owned qualified plug-in electric drive motor vehicle" to mean a motor vehicle the model year of which is at least two years earlier than the calendar year in which the vehicle is acquired and that meets certain requirements under the Clean Air Act.

Bill· HRH.R. 5160 (116th)referred

Energy Efficient Commercial Buildings Act of 2019

United States · United States Congress · 19 November 2019

Energy Efficient Commercial Buildings Act of 2019 This bill reinstates and extends that tax deduction for energy efficient commercial buildings through 2024. It also increases the maximum allowable amount of such deduction. The bill modifies American Society of Heating, Refrigerating and Air-Conditioning Engineer (ASHRAE) standards and other efficiency standards for commercial buildings.

Bill· HRH.R. 5159 (116th)referred

Empowering Homeowners Energy Efficiency Act of 2019

United States · United States Congress · 19 November 2019

Empowering Homeowners Energy Efficiency Act of 2019 This bill amends the Internal Revenue Code to expand the tax credit for nonbusiness energy property to include a credit for home energy audits. The amount of such credit is 30% of the cost of a home energy audit, not to exceed $150. The bill defines "home energy audit" to mean an inspection and written report for a dwelling owned and used by a taxpayer as the taxpayer's principal residence. The audit must identify the most significant and cost-effective energy efficiency improvements for such dwelling, including an estimate of the energy and cost savings for each improvement, and be conducted and prepared by a certified home energy auditor.

Bill· HRH.R. 5158 (116th)referred

Promoting Sustainable Energy Projects for Tribal Communities Act of 2019

United States · United States Congress · 19 November 2019

Promoting Sustainable Energy Projects for Tribal Communities Act of 2019 This bill allows Indian tribal governments to elect to receive payments, in lieu of tax credits, for energy property and electricity produced from certain renewable resources.

Bill· HRH.R. 5157 (116th)referred

Renewable Energy Investment Act of 2019

United States · United States Congress · 19 November 2019

Renewable Energy Investment Act of 2019 This bill allows Indian tribal governments and other taxpayers to elect to receive tax excludable payments in lieu of credit amounts attributable to the tax credits for energy property and for electricity produced from certain renewable resources. The payments to such other taxpayers are limited to 85% of the credit amounts.

Bill· HRH.R. 5156 (116th)referred

Carbon Capture and Sequestration Extension Act of 2019

United States · United States Congress · 19 November 2019

Carbon Capture and Sequestration Extension Act of 2019 This bill extends for one year the tax credit for carbon oxide sequestration.

Bill· HRH.R. 5155 (116th)referred

Waste Heat to Power Investment Tax Credit Act of 2019

United States · United States Congress · 19 November 2019

Waste Heat to Power Investment Tax Credit Act of 2019 This bill amends the Internal Revenue Code to include waste energy recovery property in the 30% energy tax credit, subject to a phaseout. The bill defines "waste energy recovery property" as property that generates electricity solely from heat from buildings or equipment if the primary purpose of such buildings or equipment is not the generation of electricity. Such property may not have a capacity in excess of 50 megawatts.

Bill· HRH.R. 5154 (116th)referred

GEO Act of 2019

United States · United States Congress · 19 November 2019

Geothermal Energy Opportunity Act of 2019 or the GEO Act of 2019 This bill provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.

Resolution· HRESH.Res. 708 (116th)passed

Providing for consideration of the Senate amendment to the bill (H.R. 3055) making appropriations for the Departments of Commerce and Justice, Science, and Related Agencies for the fiscal year ending September 30, 2020, and for other purposes.

United States · United States Congress · 18 November 2019

Sets forth the rule for consideration of the Senate amendment to the bill (H.R. 3055) making appropriations for the Departments of Commerce and Justice, Science, and Related Agencies for the fiscal year ending September 30, 2020.

Bill· HRH.R. 5143 (116th)referred

OPEN Act

United States · United States Congress · 18 November 2019

Openness in Political Expenditures Now Act or the OPEN Act This bill requires each corporation that submits regular and periodic reports to shareholders to (1) include information about certain political activities during the time period covered by the report, and (2) provide copies of reports disclosing political activities to the Federal Election Commission. The bill also prohibits an organization from obtaining tax-exempt status under 501(c)(4) of the Internal Revenue Code if its expenditures on covered political activities exceed certain thresholds in a taxable year.

Bill· HRH.R. 5135 (116th)referred

Housing Homeless Veterans Act of 2019

United States · United States Congress · 18 November 2019

Housing Homeless Veterans Act of 201 9 This bill establishes certain priorities for funding distributed under the Veterans Affairs Supportive Housing (VASH) program and requires the reallocation of certain unused funds under the program. Specifically, the Department of Housing and Urban Development (HUD), in making VASH program funds available among public housing agencies (PHAs) for rental voucher assistance for homeless veterans who have chronic mental illnesses or chronic substance-use disorders, must give priority to PHAs that (1) serve areas that have the highest numbers of homeless veterans, (2) have fully utilized their available HUD-VASH funds for the preceding fiscal year, and (2) have demonstrated need for such incremental assistance. Additionally, HUD must (1) recapture certain unused HUD-VASH assistance from PHAs in jurisdictions with decreasing homeless populations, and (2) reallocate the recaptured amounts to PHAs that have used their entire allocations of HUD-VASH assistance.

Bill· HRH.R. 5114 (116th)referred

Stop EITC and CTC Seizures Act

United States · United States Congress · 15 November 2019

Stop EITC and CTC Seizures Act This bill prohibits the Department of the Treasury from reducing a taxpayer's tax refund for student loan debt to the extent that such reduction would cause the refund to be less than the sum of the earned income tax credit and the child tax credit.

Bill· HRH.R. 5082 (116th)referred

Gigabit Opportunity Act

United States · United States Congress · 14 November 2019

Gigabit Opportunity Act This bill amends the Internal Revenue Code to authorize the designation of qualified gigabit opportunity zones in low-income communities and to provide tax incentives for investments in the zones. Governors may submit nominations for a limited number of qualified gigabit opportunity zones in low-income communities to the Department of the Treasury for certification and designation. Governors must give particular consideration to areas that are facing obstacles to economic development due to a lack of geographic broadband coverage or speed; are the focus of mutually reinforcing state, local, or private economic development initiatives; are poised for economic growth that requires access to high speed broadband for commercial purposes; and represent the areas of a state where such service would result in the highest return on investment. For eligible taxpayers who sell certain broadband services, the bill allows (1) deferrals, reductions, or exemptions from taxes on capital gains invested in certain property used to provide broadband services in a zone (depending on how long the property is held); and (2) immediate expensing of the costs of the property. The bill also allows tax-exempt private activity bonds to be used for certain broadband projects in the zones. Within one year of enactment of this bill, the Federal Communications Commission must publish a Uniform Model Broadband Deployment Act containing laws for the state regulation of the deployment of broadband services. Qualified zones must either adopt  the Act or laws comparable to the Act.

Bill· HRH.R. 5101 (116th)referred

Superfund Polluter Pays Act

United States · United States Congress · 14 November 2019

Superfund Polluter Pays Act This bill reinstates and extends the Hazardous Substance Superfund Financing rate through 2023 and increases the rate to 16.3 cents a barrel, adjusted for inflation beginning after 2019. The bill imposes on corporations a 0.12% tax of the excess of the modified environmental tax taxable income of the corporation over $3.13 million.

Bill· HRH.R. 5089 (116th)referred

Alternative Fuel Tax Credit Extension Act of 2019

United States · United States Congress · 14 November 2019

Alternative Fuel Tax Credit Extension Act of 2019 This bill extends and phases out the tax credit for alternative fuels used as a motor fuel, including compressed, liquefied, and renewable natural gas. It provides for a credit equal to the product of (1) 50 cents and the number of gallons of alternative fuel used in certain vehicles before January 1, 2025, and (2) 25 cents for 2025 through 2026. The credit terminates after 2026. The bill also extends outlay payments of such credit through 2026.

Bill· HRH.R. 5085 (116th)referred

Budget Process Enhancement Act

United States · United States Congress · 14 November 2019

Budget Process Enhancement Act This bill modifies the federal budget process to withhold the salaries of Members of Congress and cancel the salaries of certain employees of the Office of Management and Budget when certain budget process requirements are not met. The bill also changes the assumptions that the Congressional Budget Office uses to calculate its baseline for discretionary spending to eliminate certain adjustments for inflation and other factors. (A baseline is a projection of federal spending and receipts during a fiscal year under current law.)

Bill· HRH.R. 5083 (116th)referred

Debt Ceiling Alternative Act

United States · United States Congress · 14 November 2019

Debt Ceiling Alternative Act This bill establishes requirements and authorities for notifying Congress, issuing bonds, proposing rescissions, and selling assets if the debt limit will be reached. The Department of the Treasury must notify Congress if it estimates that the U.S. debt will reach the statutory debt limit during a quarter. After Congress is notified, Treasury must issue bonds that (1) have an interest rate linked to the nominal gross domestic product of the United States, (2) may only be used to pay the principal and interest on obligations of the United States held by the public or the Social Security trust funds, and (3) are exempt from the debt limit. Once Congress is notified that the debt limit will be reached, the President may issue a message to Congress containing a list of budget authority proposed to be rescinded. The list may only contain items related to unobligated balances of funds made available before the beginning of the fiscal year during which such notification is provided. Congress must consider the message using specified expedited legislative procedures. If the debt limit notice has been provided to Congress, the President may also order the sale of specified mortgage-related assets owned or held by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Association (Freddie Mac), and the Federal Reserve. The proceeds from the sales must be deposited in the Treasury.

Bill· SS. 2871 (116th)referred

Indian Health Service Health Professions Tax Fairness Act of 2019

United States · United States Congress · 14 November 2019

Indian Health Service Health Professions Tax Fairness Act of 2019 This bill excludes from gross income, for income tax purposes, payments under the Indian Health Service Loan Repayment Program and certain amounts received under the Indian Health Professions Scholarships Program.

Bill· SS. 2867 (116th)referred

Rural Broadband Investment Tax Credit Act

United States · United States Congress · 14 November 2019

Rural Broadband Investment Tax Credit Act This bill allows a new tax credit for up to 10% of investment in qualifying broadband projects, subject to specified limitations. The bill includes in the definition of qualifying broadband project any project that is designed solely to provide broadband service to one or more rural areas in which more than 50% of households lack access to adequate broadband service.

Bill· SS. 2866 (116th)referred

Rural Broadband Financial Flexibility Act

United States · United States Congress · 14 November 2019

Rural Broadband Financial Flexibility Act This bill allows the use of tax-exempt private activity bonds to finance qualified broadband projects. A qualified broadband project is any project that is designed solely to provide broadband service to one or more rural areas in which more than 50% of residential households do not have access to adequate broadband service. The bill also allows direct payments to issuers of broadband infrastructure bonds for 35% of the interest payable under such bonds.

Bill· HRH.R. 5066 (116th)referred

Tax Excessive CEO Pay Act of 2019

United States · United States Congress · 13 November 2019

Tax Excessive CEO Pay Act of 2019 This bill requires an increase in the corporate income tax rate based upon the ratio of compensation paid to the corporation's highest paid employee to median worker compensation. The pay ratios range from greater than 50 to 1 (0.5% increase) to greater than 500 to 1 (5% increase). The bill exempts corporations whose average annual gross receipts during a three-year period are less than $100 million from the rate increase.

Bill· SS. 2849 (116th)referred

Tax Excessive CEO Pay Act of 2019

United States · United States Congress · 13 November 2019

Tax Excessive CEO Pay Act of 2019 This bill requires an increase in the corporate income tax rate based upon the ratio of compensation paid to the corporation's highest paid employee to median worker compensation. The pay ratios range from greater than 50 to 1 (0.5% increase) to greater than 500 to 1 (5% increase). The bill exempts corporations whose average annual gross receipts during a three-year period are less than $100 million from the rate increase.

Bill· SS. 2841 (116th)referred

Support Our Start-Ups Act

United States · United States Congress · 13 November 2019

Support Our Start-Ups Act This bill amends the Internal Revenue Code to extend the tax deduction for new business expenditures to organizational expenditures, generally defined as expenditures incident to the creation of a corporation or a partnership. The bill also increases the maximum deduction amount for start-up and organizational expenditures from $5,000 to $20,000 and increases from $50,000 to $120,000 the threshold amount after which the maximum deduction amount for such expenditures is reduced.

Bill· SS. 2840 (116th)open

Essential National Security Authorities Act for Fiscal Year 2020

United States · United States Congress · 12 November 2019

Essential National Security Authorities Act for Fiscal Year 2020 This bill authorizes FY2020 appropriations and sets forth policies for Department of Defense programs and activities. The bill also authorizes appropriations and sets forth policies for Department of Energy national security programs.

Bill· HRH.R. 5043 (116th)referred

Millionaires Surtax Act

United States · United States Congress · 12 November 2019

Millionaires Surtax Act This bill imposes an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million.

Bill· HRH.R. 5042 (116th)referred

Opportunity Zone Reform Act

United States · United States Congress · 12 November 2019

Opportunity Zone Reform Act This bill modifies requirements relating to qualified opportunity zones. A "qualified opportunity zone" is an area in which investment is encouraged to promote economic development and job creation in distressed communities by providing tax benefits to investors. The bill revises requirements for the designation of certain census tracts as qualified opportunity zones based on median family income. It also excludes certain property from the term "qualified opportunity zone business property," including self storage property, parking property, stadiums, and certain residential rental property. The bill requires the Internal Revenue Service to provide a publicly available list of investment vehicles that are certified as qualified opportunity funds. The Government Accountability Office must report to Congress on the effectiveness of the Opportunity Zone program in the fifth and tenth year after the enactment of this bill.

Bill· SS. 2838 (116th)referred

A bill to amend the Ted Stevens Olympic and Amateur Sports Act to improve the transparency of the United States Center for Safe Sport, to provide grant accountability, and to protect victims of abuse from retaliation, and for other purposes.

United States · United States Congress · 12 November 2019

This bill requires the U.S. Center for Safe Sport to provide grant funding accountability and protect victims of abuse from retaliation. Amounts transferred to the center by the U.S. Olympic Committee (USOC) or a national governing body shall be used primarily for the investigation and resolution of allegations of sexual misconduct, or other misconduct, made by amateur athletes affiliated with the USOC, a national governing body, or a paralympic sports organization. The center shall be audited at least annually and shall report to Congress annually. The Department of Justice (DOJ) may petition in the U.S. District Court for the District of Columbia for removal of officers and directors of the center if the center (1) engages in any act, practice, or policy that is materially inconsistent with its purpose; or (2) refuses, fails, or neglects to discharge the obligations of the center to protect the safety of amateur athletes. DOJ may not award a grant to an entity that supports oversight of the USOC if it holds amounts in an offshore account for the purpose of avoiding payment of tax on unrelated business income of charitable organizations. The USOC, a national governing body, a paralympic sports organization, or any officer, employee, contractor, or agent may not retaliate against any protected individual, including amateur athletes, coaches, or trainers, because of a protected disclosure regarding abuse. National governing bodies must provide protection from retaliation to protected individuals.

Bill· HRH.R. 5008 (116th)referred

VA Improvement Act

United States · United States Congress · 8 November 2019

VA Improvement Act This bill requires the Inspector General of the Department of Veterans Affairs (VA) to identify and transmit a list of specific improvement recommendations for VA medical centers that are underperforming regarding quality of care for the most recent fiscal year.

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