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Bill· HRH.R. 1185 (116th)referred
United States · United States Congress · 13 February 2019
Family and Medical Insurance Leave Act or the FAMILY Act This bill establishes the Office of Paid Family and Medical Leave within the Social Security Administration. The bill entitles every individual to a family and medical leave insurance (FMLI) benefit payment for a specified benefit period and prescribes a formula for determining the individual's monthly benefit amount, An FMLI benefit payment shall be coordinated with any periodic benefits received under a state or local temporary disability insurance or family leave program. The bill amends the Internal Revenue Code to impose a tax on employers, employees, and self-employed individuals to fund FMLI benefits. It also establishes the Federal Family and Medical Leave Insurance Trust Fund to hold tax revenues.
Bill· HRH.R. 1180 (116th)referred
United States · United States Congress · 13 February 2019
End Shutdowns Act This bill provides continuing appropriations to prevent a government shutdown if any appropriations measure for a fiscal year has not been enacted before the fiscal year begins and continuing appropriations are not in effect. The bill provides appropriations at the rate of operations that was provided for the prior fiscal year to continue programs, projects, and activities for which funds were provided in the preceding fiscal year. The bill also prohibits the House of Representatives from considering matters other than appropriations or emergency legislation on or after October 1 of each fiscal year if continuing appropriations provided by this bill are in effect.
Bill· HRH.R. 1178 (116th)referred
United States · United States Congress · 13 February 2019
Deadline Enforcement Act This bill provides specified continuing appropriations to prevent a government shutdown if any appropriations measure for a fiscal year has not been enacted before the fiscal year begins or a joint resolution making continuing appropriations is not in effect. The bill also withholds congressional salaries and prohibits the use of federal funds for official travel by a Member of Congress while the continuing appropriations are in effect.
Bill· HRH.R. 1177 (116th)referred
United States · United States Congress · 13 February 2019
Stop the Shutdowns Transferring Unnecessary Pain and Inflicting Damage In The coming Years Act This bill provides continuing appropriations to certain federal agencies to prevent a government shutdown if an appropriations bill for the agency has not been enacted before the fiscal year begins and continuing appropriations are not in effect. The bill excludes agencies within or under the legislative branch or the Executive Office of the President, which would continue to be subject to a government shutdown due to a lapse in appropriations.
Bill· HRH.R. 1176 (116th)referred
United States · United States Congress · 13 February 2019
Transparency in Corporate Political Spending Act This bill allows the Securities and Exchange Commission, during FY2019, to promulgate rules regarding the disclosure of corporate political contributions, contributions to tax-exempt organizations, and dues paid to trade associations.
Bill· HRH.R. 1175 (116th)referred
United States · United States Congress · 13 February 2019
Craft Beverage Modernization and Tax Reform Act of 2019 This bill modifies the tax treatment of certain alcoholic beverages to exclude the aging period from the production period for beer, wine, or distilled spirits for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period; reduce excise tax rates on beer and distilled spirits; permit the transfer of beer between bonded facilities without payment of tax; increase the amount of the small wine producer tax credit and expand the categories of producers covered by such credit; allow an adjustment to the producer credit for hard cider; and modify the alcohol content limitations that apply to certain wines for tax purposes. The Department of the Treasury must amend applicable regulations with respect to the use of wholesome products suitable for human consumption in the production of fermented beverages. The bill also increases funding for the Alcohol and Tobacco Tax and Trade Bureau.
Bill· HRH.R. 1172 (116th)referred
United States · United States Congress · 13 February 2019
Ensure Washington Funds Government Responsibly Act This bill provides continuing appropriations to prevent a government shutdown if any appropriations measure for a fiscal year has not been enacted before the fiscal year begins or a joint resolution making continuing appropriations is not in effect. It also prohibits Members of Congress and the President from being paid during any period in which the continuing appropriations are in effect.
Bill· HJRESH.J.Res. 45 (116th)referred
United States · United States Congress · 13 February 2019
This joint resolution provides continuing FY2019 appropriations to several federal agencies through the earlier of February 22, 2019, or the enactment of the applicable appropriations legislation. It is known as a continuing resolution (CR) and prevents a partial government shutdown after the existing CR expires on February 15, 2019, because seven of the remaining FY2019 appropriations bills have not been enacted. (Five of the FY2019 appropriations bills were enacted last year, including the Department of Defense Appropriations Act, 2019; the Energy and Water Development and Related Agencies Appropriations Act, 2019; the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2019; the Legislative Branch Appropriations Act, 2019; and the Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2019.) Additionally, the CR has the effect of extending through February 22, 2019, several authorities and programs that were extended in prior CRs, including the Violence Against Women Act, the authority for the Environmental Protection Agency to collect and spend certain fees related to pesticides, the Temporary Assistance for Needy Families (TANF) program, and several authorities related to immigration.
Bill· SS. 484 (116th)referred
United States · United States Congress · 13 February 2019
Inaugural Committee Transparency Act of 2019 This bill requires the presidential inaugural committee to disclose to the Federal Election Commission, by 90 days after the presidential inaugural ceremony, any disbursement made in an amount equal to or greater than $200 and the purpose of each disbursement. The committee must also disclose the name and address of the person to whom the disbursement was made, the date of the disbursement, and the total amount and purpose of the disbursement. The bill prohibits (1) an inaugural committee from soliciting or receiving a donation from a foreign national, in addition to the current ban on a committee accepting such a donation; (2) a person from making a donation to an inaugural committee in the name of another; (3) a foreign national from making a donation or making a promise to make a donation to such a committee; or (4) converting a donation to an inaugural committee to personal use. The committee must disburse any remaining donated funds not later than 90 days after the inaugural ceremony to tax-exempt charitable organizations, but may request an extension of such 90-day period.
Bill· SS. 478 (116th)referred
United States · United States Congress · 13 February 2019
Social Security Expansion Act This bill increases benefits and certain taxes related to Old-Age, Survivors, and Disability Insurance. Changes to benefits include (1) increasing the primary insurance amount for certain beneficiaries; (2) revising the method of calculating cost-of-living adjustments; (3) establishing a new minimum benefit for certain low earners; and (4) allowing certain children of retired, deceased, or disabled workers to receive benefits until age 22 if they are a full-time students. Changes to taxes include increasing the net investment income tax for certain taxpayers and extending payroll taxes on wages, salaries, and self-employment earnings to income above $250,000. Under current law, the maximum amount subject to the Social Security payroll tax is $132,900 for 2019. The bill also combines the existing Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund into a single Social Security Trust Fund.
Bill· SS. 473 (116th)referred
United States · United States Congress · 13 February 2019
Law Enforcement Officers Equity Act This bill expands the definition of law enforcement officer under provisions of the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS) to include (1) federal employees whose duties encompass the investigation or apprehension of suspected or convicted criminals and who are authorized to carry a firearm; (2) Internal Revenue Service employees whose duties are primarily the collection of delinquent taxes and the securing of delinquent returns; (3) U.S. Postal Inspection Service employees; (4) Department of Veterans Affairs police officers; and (5) certain U.S. Customs and Border Protection employees who are seized-property specialists with duties relating to custody, management, and disposition of seized and forfeited property. The bill deems service performed by an incumbent law enforcement officer on or after the enactment date of this bill to be service performed as a law enforcement officer for retirement purposes. The past service of such incumbents shall be treated as service performed by a law enforcement officer for retirement purposes only if a written election is submitted to the Office of Personnel Management within five years after the enactment of this bill or before separation from government service, whichever is earlier. An incumbent who makes an election before the enactment of this bill may pay a deposit into the Civil Service Retirement and Disability Fund to cover prior service. A law enforcement officer shall not be subject to mandatory separation under CSRS or FERS during the three-year period beginning on the enactment of this bill.
Bill· SS. 469 (116th)referred
United States · United States Congress · 13 February 2019
Emergency Relief for Federal Contractors Act of 2019 This bill allows penalty-free distributions up to $30,000 in a taxable year from tax-exempt retirement plans to certain federal contractors and District of Columbia employees made during a federal government shutdown.
Bill· SS. 463 (116th)referred
United States · United States Congress · 12 February 2019
Family and Medical Insurance Leave Act or the FAMILY Act This bill establishes the Office of Paid Family and Medical Leave within the Social Security Administration. The bill entitles every individual to a family and medical leave insurance (FMLI) benefit payment for a specified benefit period and prescribes a formula for determining the individual's monthly benefit amount. An FMLI benefit payment shall be coordinated with any periodic benefits received under a state or local temporary disability insurance or family leave program. The bill amends the Internal Revenue Code to impose a tax on employers, employees, and self-employed individuals to fund FMLI benefits. It also establishes the Federal Family and Medical Leave Insurance Trust Fund to hold tax revenues.
Bill· SS. 460 (116th)referred
United States · United States Congress · 12 February 2019
Employer Participation in Repayment Act of 2019 This bill expands the tax exclusion for employer-provided educational assistance to include payments of qualified education loans by an employer to either an employee or a lender.
Bill· SS. 452 (116th)referred
United States · United States Congress · 12 February 2019
Fostering Innovation Act of 2019 This bill establishes a temporary exemption from the requirement that each registered public accounting firm that prepares or issues an audit report for an issuer of securities (other than an emerging growth company) shall attest to, and report on, the internal control assessment made by the management of the issuer. Specifically, this requirement shall not apply with respect to an audit report prepared for an issuer that ceased to be an emerging growth company on the last day of its fiscal year following the five-year period beginning on the date of its first sale of common equity securities, had average annual gross revenues of less than $50 million as of its most recently completed fiscal year, and is not a large accelerated filer. An issuer shall cease to be eligible for the exemption at the earliest of (1) the last day of the fiscal year following the 10-year period beginning on the date of its first sale of common equity securities, (2) the last day of the fiscal year in which its average annual gross revenues exceed $50 million, or (3) when the issuer becomes a large accelerated filer.
Bill· SS. 448 (116th)referred
United States · United States Congress · 12 February 2019
Graduate Student Savings Act of 201 9 This bill allows funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). The bill permits the funds to be considered compensation for purposes of current law provisions that limit annual deductible IRA contributions to the lesser of (1) the deductible amount permitted under current law, or (2) the compensation includible in the individual's gross income for the year.
Bill· SS. 444 (116th)referred
United States · United States Congress · 12 February 2019
Protect Our Citizens from Reckless Extortion of our Debt and Irresponsible Tactics Act of 2019 or the Protect Our CREDIT Act This bill allows the President to increase the statutory debt limit unless a joint resolution of disapproval is passed by Congress and becomes law. Prior to the beginning of each fiscal year, the President must submit to Congress a certification that specifies the existing debt, the debt limit, and the debt that will be necessary to issue during the next year to meet existing commitments. The debt limit is increased by the proposed amount, unless a joint resolution of disapproval is passed by Congress within 15 days and becomes law. Congress must consider the joint resolution using specified expedited legislative procedures. The President must submit an additional certification to Congress during the year if the debt is within $250 billion of the limit, and further borrowing is necessary to meet existing commitments. The certification must propose a new debt limit for the remainder of the year and explain any discrepancy with the earlier certification. The new debt limit also goes into effect, unless a joint resolution of disapproval is passed by Congress within 15 days and becomes law. The bill suspends the debt limit during the period in which Congress is considering a joint resolution of disapproval after the President has submitted a mid-year certification.
Bill· HRH.R. 1148 (116th)referred
United States · United States Congress · 11 February 2019
2018 Natural Disasters Tax Relief Act This bill permits penalty-free distributions from tax-exempt retirement plans for disaster-related purposes. It also allows an employer whose business was closed during a natural disaster an employee retention credit for 40% of the first $6,000 in wages paid to an eligible employee. The bill allows a temporary suspension of limitations on charitable contributions made for relief efforts in one or more qualified disaster areas and sets forth special rules for personal casualty losses and for determining the earned income tax credit for individuals residing in qualified disaster areas or zones. The bill provides for a mandatory 60-day extension of certain tax deadlines for individuals and business owners in a disaster area.
Bill· HRH.R. 1142 (116th)referred
United States · United States Congress · 11 February 2019
Stop the Attack on Local Taxpayers Act of 2019 or the SALT Act This bill amends the Internal Revenue Code to (1) repeal the $10,000 limitation on individual income tax deductions for certain state and local taxes, and (2) increase the top individual income tax rate to 39.6% (currently 37%).
Bill· SS. 437 (116th)referred
United States · United States Congress · 11 February 2019
Stop the Attack on Local Taxpayers Act or the SALT Act This bill amends the Internal Revenue Code to (1) repeal the $10,000 limitation on individual income tax deductions for certain state and local taxes, and (2) increase the top individual income tax rate to 39.6% (currently 37%).
Bill· HRH.R. 1108 (116th)open
United States · United States Congress · 8 February 2019
Aviation Funding Stability Act of 2019 This bill provides continuing appropriations to the Federal Aviation Administration (FAA) from the Airport and Airway Trust Fund if an appropriations bill for the FAA has not been enacted before a fiscal year begins or a joint resolution making continuing appropriations for the FAA is not in effect. The bill provides appropriations at the rate of operations that was provided for the prior fiscal year to continue programs, projects, and activities for which funds were provided in the preceding fiscal year.
Bill· HRH.R. 1135 (116th)open
United States · United States Congress · 8 February 2019
Indian Health Service Advance Appropriations Act of 201 9 This bill authorizes advance appropriations for the Indian Health Services and Indian Health Facilities accounts of the Indian Health Service. The advance appropriations provide new budget authority that first becomes available in the first fiscal year after the budget year. The bill requires the President's budget request to include information on estimates for the advance appropriations.
Bill· HRH.R. 1128 (116th)open
United States · United States Congress · 8 February 2019
Indian Programs Advanced Appropriations Act This bill authorizes advance appropriations for several covered appropriations accounts of (1) the Bureau of Indian Affairs and Bureau of Indian Education within the Department of the Interior, and (2) the Indian Health Service within the Department of Health and Human Services. The advance appropriations provide new budget authority that first becomes available for the first fiscal year after the budget year. The covered accounts within the Bureau of Indian Affairs and Bureau of Indian Education include (1) Operation of Indian Programs, (2) Contract Support Costs, and (3) the Indian Guaranteed Loan Program Account. The covered accounts within the Indian Health Service include (1) Indian Health Services, and (2) Contract Support Costs. The bill also requires the President's budget and the supporting documents submitted to Congress to include detailed estimates related to the advance appropriations.
Bill· HRH.R. 1120 (116th)referred
United States · United States Congress · 8 February 2019
Marijuana Revenue and Regulation Act This bill removes marijuana from the list of controlled substances and establishes requirements for the taxation and regulation of marijuana products. The bill imposes (1) an excise tax on marijuana products produced in or imported into the United States, and (2) an occupational tax on marijuana production facilities and export warehouses. The term "marijuana product" does not include (1) any article containing marijuana that has been approved by the Food and Drug Administration (FDA) for sale for therapeutic purposes and is marketed and sold solely for such purpose, or (2) industrial hemp. The excise tax includes exemptions for (1) products used for research or by government entities for nonconsumption purposes; and (2) the transfer of products between production, import, and export facilities. The Department of Justice must remove marijuana from all schedules of controlled substances under the Controlled Substances Act. The bill prohibits marijuana from being shipped or transported into any state or jurisdiction where it is illegal. Producers, importers, and exporters of marijuana products must (1) obtain a permit from the Department of the Treasury, and (2) comply with certain requirements regarding recordkeeping, packaging, labeling, and advertising. The bill also establishes penalties for violations of marijuana laws; prohibits the sale of more than one ounce of marijuana in any single retail transaction; and provides specified authorities to the FDA and the Bureau of Alcohol, Tobacco, Firearms, and Explosives with respect to marijuana.
Bill· HRH.R. 1119 (116th)referred
United States · United States Congress · 8 February 2019
Responsibly Addressing the Marijuana Policy Gap Act of 2019 This bill removes federal restrictions on, and creates new protections for, marijuana-related conduct and activities that are authorized by state or tribal law (i.e., state-authorized). Among other things, the bill does the following: eliminates regulatory controls and administrative, civil, and criminal penalties under the Controlled Substances Act for state-authorized marijuana-related activities; allows businesses that sell marijuana in compliance with state or tribal law to claim certain federal tax credits and deductions; eliminates restrictions on print and broadcast advertising of state-authorized marijuana-related activities; creates protections for depository institutions that provide financial services to marijuana-related businesses; specifies that a marijuana-related business is entitled to federal bankruptcy protections; establishes a process to expunge criminal records related to certain marijuana-related convictions; reestablishes federal student aid eligibility for certain students convicted of a misdemeanor offense for marijuana possession; exempts real property from civil forfeiture due to state-authorized marijuana-related conduct; prohibits the inadmissibility or deportability of aliens for state-authorized marijuana-related conduct; specifies that drug-related criminal activity, which is prohibited in federally assisted housing, does not include state-authorized marijuana-related conduct; establishes a new, separate registration process to facilitate medical marijuana research; authorizes health care providers employed by the Department of Veterans Affairs to recommend participation in state marijuana programs; and authorizes medical providers through an Indian health program to make medical recommendations regarding marijuana.
Bill· HRH.R. 1124 (116th)referred
United States · United States Congress · 8 February 2019
Preventing Future Shutdowns Act of 2019 This bill provides continuing appropriations to prevent a government shutdown if any of the regular appropriations bills for a fiscal year have not been enacted before the fiscal year begins or a joint resolution making continuing appropriations is not in effect. If appropriations have not been provided to federal agencies prior to the beginning of a fiscal year, the bill provides specified appropriations to continue programs, projects, and activities for which funds were provided in the preceding fiscal year.
Bill· HRH.R. 1118 (116th)referred
United States · United States Congress · 8 February 2019
Small Business Tax Equity Act of 201 9 This bill exempts a trade or business that conducts marijuana sales in compliance with state law from a provision in the Internal Revenue Code that prohibits business-related tax credits or deductions for expenditures in connection with trafficking in controlled substances.
Bill· HRH.R. 1098 (116th)referred
United States · United States Congress · 7 February 2019
Blocking Deadly Fentanyl Imports Act This bill expands reporting requirements related to foreign countries that produce illicit fentanyl and limits assistance to countries that fail to take various actions to combat illegal drug production and trafficking. The President's annual report to Congress on U.S. strategy for controlling international narcotics shall include a section that identifies the countries that are the most significant sources of illicit fentanyl, fentanyl analogues, and precursor chemicals used for producing fentanyl. The report shall also describe the extent to which such a country has cooperated with U.S. efforts to prevent exports of such substances into the United States. The United States shall withhold 50% of the foreign assistance allocated to each identified country for the fiscal year. The Department of the Treasury shall also direct U.S. Executive Directors in each multilateral development bank to vote against making loans or allocating funds to such countries. Both restrictions may be waived if the President certifies that the country has cooperated fully with U.S. anti-drug trafficking efforts or if vital U.S. national interests necessitate such a waiver. The bill also directs the President to identify countries that (1) have not adopted various procedures for countering narcotics production and distribution, or (2) are incapable of prosecuting individuals that manufacture or distribute new types of drugs.
Bill· HRH.R. 1095 (116th)referred
United States · United States Congress · 7 February 2019
Disaster Certainty Act of 2019 This bill automatically extends tax filing deadlines by 60 days for taxpayers who have a principal residence or place of business located in a disaster area.
Bill· HRH.R. 1093 (116th)referred
United States · United States Congress · 7 February 2019
Stop Price Gouging Act This bill imposes an excise tax on pharmaceutical companies that sell prescription drugs that are subject to price spikes that exceed the annual percentage increase in the Chained Consumer Price Index. For each taxable prescription drug, the excise tax ranges from 50% to 100% of price spike revenue received by the company, depending on the size of the price spike and including an adjustment for revenue that is due solely to an increase in the cost of the inputs necessary to manufacture the drug. Pharmaceutical companies must submit specified data regarding drug prices and revenue to the Inspector General (IG) of the Department of Health and Human Services (HHS), and the IG must submit an assessment of the data to the Internal Revenue Service. HHS, upon the recommendation of the IG, may exempt certain drugs from the excise tax if (1) a for-cause price increase exemption should apply or; (2) the drug has an average manufacturer price of not greater than $10 for a 30-day supply and is marketed by at least 3 other holders of applications approved under the Federal Food, Drug, and Cosmetic Act. The Government Accountability Office must examine (1) how drug manufacturers and health plans establish initial launch prices for newly approved drugs, and (2) alternative methods that have been proposed for setting the price of new drugs.
Bill· HRH.R. 1089 (116th)referred
United States · United States Congress · 7 February 2019
Monetary Metals Tax Neutrality Act of 201 9 This bill exempts gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots which are valued primarily based on their metal content and not their form.
Bill· HRH.R. 1085 (116th)referred
United States · United States Congress · 7 February 2019
Give it Back to the Taxpayers Act This bill requires appropriations for Member's Representational Allowances for the House of Representatives that remain at the end of the fiscal year to be deposited in the Treasury and used for deficit or debt reduction. The Member's Representational Allowance is the budget authorized for each Member of Congress in support of the conduct of official and representational duties.
Bill· HRH.R. 1084 (116th)referred
United States · United States Congress · 7 February 2019
Family Savings Act of 2019 This bill modifies requirements for tax-exempt multi-employer and pooled employer retirement plans and expands qualified tuition plans (commonly known as 529 plans) to cover additional programs and expenses. Among other things, the bill treats certain education fellowships and stipend payments as compensation for Individual Retirement Account (IRA) purposes, repeals the maximum age for contributions to a traditional IRA, increases the credit limitation for small employer pension plan startup costs, allows a new tax credit for small employer automatic enrollment plans, exempts certain individuals with pension plan assets not exceeding $50,000 from required minimum distribution rules, and modifies nondiscrimination rules to protect certain older pension plan participants, Additionally, the bill (1) expands 529 plans to allow distributions for registered apprenticeship programs, education loan repayments, and certain elementary and secondary school expenses in addition to tuition; (2) allows unborn children to be beneficiaries of 529 plans; and (3) permits penalty free withdrawals from retirement plans for expenses related to the birth or adoption of a child.
Bill· HRH.R. 1071 (116th)referred
United States · United States Congress · 7 February 2019
Student and Families Tax Reduction Act This bill permanently extends the tax deduction for qualified tuition and related expenses. (The deduction expired at the end of 2017.)
Bill· HRH.R. 1070 (116th)referred
United States · United States Congress · 7 February 2019
Student Loan Interest Tax Deduction Expansion Act This bill modifies the tax deduction for interest on qualified education loans to increase (1) the dollar limitation on the deduction to $7,500 ($15,000 in the case of a joint return), and (2) the limitation on modified adjusted gross income to $100,000 (twice the amount in the case of a joint return).
Bill· HRH.R. 1068 (116th)referred
United States · United States Congress · 7 February 2019
Working Families Relief Act of 2019 This bill provides that the maximum amount of the temporary (for tax years 2018 through 2025) refundable portion of the child tax credit, with respect to any qualifying child, is the greater of (1) $1,400 (adjusted for inflation after 2018), or (2) the excess of the taxpayer's Social Security taxes for the year over the credit allowed under the earned income tax credit. (Under current law, the maximum is $1,400, adjusted for inflation after 2018).
Bill· HRH.R. 1059 (116th)referred
United States · United States Congress · 7 February 2019
No Budget, No Recess Act This bill requires Members of Congress to record their presence by electronic device for purposes of establishing a quorum (1) on April 16 and on every other calendar day thereafter until adoption of a concurrent resolution on the budget for the next fiscal year, and (2) on October 1 and on every other calendar day thereafter until passage of each of the general appropriation bills for that fiscal year. This requirement does not apply on weekends or holidays. During such periods, the House of Representatives may not adjourn for more than one calendar day, excluding weekends and holidays. The House may not adjourn for more than three days in August if the appropriations bills have not been approved.
Bill· HRH.R. 1043 (116th)referred
United States · United States Congress · 7 February 2019
Employer Participation in Repayment Act of 2019 This bill expands the tax exclusion for employer-provided educational assistance to include payments of qualified education loans by an employer to either an employee or a lender.
Bill· HRH.R. 1040 (116th)referred
United States · United States Congress · 7 February 2019
Flat Tax Act This bill authorizes an individual or a person engaged in business activity to make an irrevocable election to be subject to a flat tax (in lieu of the existing income tax provisions) of 19% for the first two years after an election is made, and 17% thereafter. The bill calculates taxable income for individual taxpayers by subtracting a basic standard deduction and an additional standard deduction for each dependent from the total of wages, retirement distributions, and unemployment compensation. "Business taxable income" is gross active income reduced by certain deductions for the cost of business inputs, wages, and retirement contributions. The bill imposes an employer tax on the value of excludable compensation provided to employees not engaged in business activity of 19% for the first two years after an election is made under this bill and 17% thereafter. The bill also repeals the estate, gift, and generation-skipping transfer taxes. A two-thirds vote of the House of Representatives and the Senate is required to increase the flat tax rate proposed by this bill or to reduce the amount of the standard deduction or business-related deductions allowed by this bill.
Bill· SS. 422 (116th)referred
United States · United States Congress · 7 February 2019
Small Business Tax Equity Act of 201 9 This bill exempts a trade or business that conducts marijuana sales in compliance with state law from a provision in the Internal Revenue Code that prohibits business-related tax credits or deductions for expenditures in connection with trafficking in controlled substances.
Bill· SS. 421 (116th)referred
United States · United States Congress · 7 February 2019
Responsibly Addressing the Marijuana Policy Gap Act of 2019 This bill removes federal restrictions on, and creates new protections for, marijuana-related conduct and activities that are authorized by state or tribal law (i.e., state-authorized). Among other things, the bill does the following: eliminates regulatory controls and administrative, civil, and criminal penalties under the Controlled Substances Act for state-authorized marijuana-related activities; allows businesses that sell marijuana in compliance with state or tribal law to claim certain federal tax credits and deductions; eliminates restrictions on print and broadcast advertising of state-authorized marijuana-related activities; creates protections for depository institutions that provide financial services to marijuana-related businesses; specifies that a marijuana-related business is entitled to federal bankruptcy protections; establishes a process to expunge criminal records related to certain marijuana-related convictions; reestablishes federal student aid eligibility for certain students convicted of a misdemeanor offense for marijuana possession; exempts real property from civil forfeiture due to state-authorized marijuana-related conduct; prohibits the inadmissibility or deportability of aliens for state-authorized marijuana-related conduct; specifies that drug-related criminal activity, which is prohibited in federally assisted housing, does not include state-authorized marijuana-related conduct; establishes a new, separate registration process to facilitate medical marijuana research; authorizes health care providers employed by the Department of Veterans Affairs to recommend participation in state marijuana programs; and authorizes medical providers through an Indian health program to make medical recommendations regarding marijuana.
Bill· SS. 420 (116th)referred
United States · United States Congress · 7 February 2019
Marijuana Revenue and Regulation Act This bill removes marijuana from the list of controlled substances and establishes requirements for the taxation and regulation of marijuana products. The bill imposes (1) an excise tax on marijuana products produced in or imported into the United States, and (2) an occupational tax on marijuana production facilities and export warehouses. The term "marijuana product" does not include (1) any article containing marijuana that has been approved by the Food and Drug Administration (FDA) for sale for therapeutic purposes and is marketed and sold solely for such purpose, or (2) industrial hemp. The excise tax includes exemptions for (1) products used for research or by government entities for nonconsumption purposes; and (2) the transfer of products between production, import, and export facilities. The Department of Justice must remove marijuana from all schedules of controlled substances under the Controlled Substances Act. The bill prohibits marijuana from being shipped or transported into any state or jurisdiction where it is illegal. Producers, importers, and exporters of marijuana products must (1) obtain a permit from the Department of the Treasury, and (2) comply with certain requirements regarding recordkeeping, packaging, labeling, and advertising. The bill also establishes penalties for violations of marijuana laws; prohibits the sale of more than one ounce of marijuana in any single retail transaction; and provides specified authorities to the FDA and the Bureau of Alcohol, Tobacco, Firearms, and Explosives with respect to marijuana.
Bill· SS. 407 (116th)referred
United States · United States Congress · 7 February 2019
Carbon Capture Modernization Act This bill modifies sequestration and other requirements for the qualifying advanced coal project tax credit.
Bill· SS. 400 (116th)referred
United States · United States Congress · 7 February 2019
Blocking Deadly Fentanyl Imports Act This bill expands reporting requirements related to foreign countries that produce illicit fentanyl and limits assistance to countries that fail to take various actions to combat illegal drug production and trafficking. The President's annual report to Congress on U.S. strategy for controlling international narcotics shall include a section that identifies the countries that are the most significant sources of illicit fentanyl, fentanyl analogues, and precursor chemicals used for producing fentanyl. The report shall also describe the extent to which such a country has cooperated with U.S. efforts to prevent exports of such substances into the United States. The United States shall withhold 50% of the foreign assistance allocated to each identified country for the fiscal year. The Department of the Treasury shall also direct U.S. Executive Directors in each multilateral development bank to vote against making loans or allocating funds to such countries. Both restrictions may be waived if the President certifies that the country has cooperated fully with U.S. anti-drug trafficking efforts or if vital U.S. national interests necessitate such a waiver. The bill also directs the President to identify countries that (1) have not adopted various procedures for countering narcotics production and distribution, or (2) are incapable of prosecuting individuals that manufacture or distribute new types of drugs.
Bill· SS. 379 (116th)referred
United States · United States Congress · 7 February 2019
This bill allows tax-exempt distributions from qualified tuition programs (known as 529 plans) to be used for expenses required for programs to obtain a recognized postsecondary credential or occupational license. A "recognized postsecondary credential" is a credential consisting of an industry-recognized certificate or certification, a certificate of completion of an apprenticeship, a license recognized by the state involved or federal government, or an associate or baccalaureate degree.
Bill· SS. 378 (116th)referred
United States · United States Congress · 7 February 2019
Stop Price Gouging Act This bill imposes an excise tax on pharmaceutical companies that sell prescription drugs that are subject to price spikes that exceed the annual percentage increase in the Chained Consumer Price Index. For each taxable prescription drug, the excise tax ranges from 50% to 100% of price spike revenue received by the company, depending on the size of the price spike and including an adjustment for revenue that is due solely to an increase in the cost of the inputs necessary to manufacture the drug. Pharmaceutical companies must submit specified data regarding drug prices and revenue to the Inspector General (IG) of the Department of Health and Human Services (HHS), and the IG must submit an assessment of the data to the Internal Revenue Service. HHS, upon the recommendation of the IG, may exempt certain drugs from the excise tax if (1) a for-cause price increase exemption should apply; or (2) the drug has an average manufacturer price of not greater than $10 for a 30-day supply and is marketed by at least 3 other holders of applications approved under the Federal Food, Drug, and Cosmetic Act. The Government Accountability Office must examine (1) how drug manufacturers and health plans establish initial launch prices for newly approved drugs, and (2) alternative methods that have been proposed for setting the price of new drugs.
Bill· HRH.R. 1028 (116th)referred
United States · United States Congress · 6 February 2019
Restoring Integrity, Governance, Honesty, and Transparency Act of 2019 or the RIGHT Act of 2019 This bill revises ethics requirements applicable to certain federal government employees. Specifically, the bill requires candidates for President or Vice President to disclose 20 years of tax returns, which the Office of Government Ethics (OGE) may publish after making necessary redactions; the disclosure of information regarding contributions to a government official's legal defense fund; the OGE to prohibit any executive branch officer or employee from receiving reimbursement for, or payment of, legal fees incurred in connection with executive branch service; the Office of Special Counsel to report and recommend disciplinary action for certain ethics violations by an employee of the White House or the Executive Office of the President; and travel reports regarding the use of government aircraft to be submitted quarterly and to include an explanation of the decision to use such aircraft and the estimated cost to the government. The bill prohibits the use of federal funds to pay for expenses incurred at a property owned or operated by the President, Vice President, or any federal employee if such payment would result in a financial benefit for such individuals; and government contractors from donating to inaugural committees. The bill further provides that executive agencies subject to ethics reporting and disclosure requirements include the Executive Office of the President, the Office of the Vice President, and the White House; and restrictions on the employment of relatives include the White House and the Executive Office of the President.
Bill· HRH.R. 1027 (116th)referred
United States · United States Congress · 6 February 2019
Fairness for Every Driver Act This bill terminates and repeals the tax credit for new qualified plug-in electric drive motor vehicles. It also imposes a user fee on alternative fuel vehicles used in the United States and requires the fees to be transferred to the Highway Trust Fund. "Alternative fuel vehicles" include plug-in electric vehicles, fuel cell electric vehicles, and other motor vehicles propelled to a significant extent by an electric motor that draws power from any source that is not subject to certain fuel taxes.
Bill· HRH.R. 1007 (116th)referred
United States · United States Congress · 6 February 2019
Retirement Enhancement and Savings Act of 201 9 This bill modifies requirements for tax-favored retirement savings accounts, employer-provided retirement plans, and retirement benefits for federal judges. With respect to employer-provided plans, the bill modifies requirements regarding multiple employer plans, automatic enrollment and nonelective contributions, loans, terminating or transferring plans, reporting and disclosure rules, nondiscrimination rules, selecting lifetime income providers, and Pension Benefit Guaranty Corporation premiums. The bill also increases the tax credit for small employer pension plan startup costs and allows a tax credit for small employers that establish retirement plans that include automatic enrollment. With respect to Individual Retirement Accounts (IRAs), the bill treats taxable non-tuition fellowship and stipend payments as compensation, repeals the maximum age for traditional IRA contributions, and permits any IRA to be a shareholder of any S corporation that is a bank. The bill makes several modifications to retirement benefits for magistrate judges of the U.S. Tax Court and other federal judges. The bill also modifies various tax provisions to reinstate and increase the tax exclusion for benefits provided to volunteer firefighters and emergency medical responders, revise the required distribution rules for pension plans, increase penalties for failing to file tax or retirement plan returns, and require the Internal Revenue Service to share returns and return information with U.S. Customs Border Protection to administer the heavy vehicle use tax.
Bill· HRH.R. 1000 (116th)referred
United States · United States Congress · 6 February 2019
Humphrey-Hawkins 21st Century Full Employment and Training Act of 2019 or the Jobs for All Act This bill creates the National Full Employment Trust Fund to fund employment opportunity grants for the purpose of achieving full employment. The grant program is to be administered by the Department of Labor and funded by a tax on securities transactions and loans from the Federal Reserve System. Labor shall make grants to public and nonprofit entities to create employment opportunities and free-standing job-training programs. Grant funds may be used for, among other things, (1) affordable housing, (2) employment opportunities for disadvantaged youth, (3) repair of schools and parks, (4) expansion of emergency food programs, and (5) the expansion of work-study opportunities for secondary and post-secondary students.
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