Skip to content
PoliticalRepoPoliticalRepo

Subjects · United States

Taxation

Records whose title is actually about this topic. Use a country filter if the list is still too broad.

251 records in US in 2014

Records

Bill· SS. 2709 (113th)open

Export-Import Bank Reauthorization Act of 2014

United States · United States Congress · 30 July 2014

Export-Import Bank Reauthorization Act of 2014 - Amends the Export-Import Bank Act of 1945 to reauthorize the Export-Import Bank of the United States through FY2019. Extends, for FY2015-FY2019, the Bank's authority to use a specified amount of its surplus for information technology system updates. Extends, through FY2019, the termination date of the sub-Saharan Africa advisory committee. Prescribes limitations on outstanding Bank loans, guarantees, and insurance for FY2015-FY2018 and each fiscal year thereafter. Extends, through FY2019, Bank authority to provide financing for the export of nonlethal defense articles and defense services whose primary end use is for civilian purposes. Directs the Bank to submit to Congress and the Comptroller General (GAO) a business plan that includes an estimate of the Bank's appropriate exposure limits for FY2015-FY2019. Directs GAO to study the Bank's medium-term financing programs.

Bill· SS. 2710 (113th)referred

Philanthropic Enterprise Act of 2014

United States · United States Congress · 30 July 2014

Philanthropic Enterprise Act of 2014 - Amends the Internal Revenue Code to exempt the holdings of a private foundation in any business enterprise that meet specified requirements relating to exclusive ownership, minimum distribution of net operating income for the charitable purpose (all profits to charity), and independent operation (i.e., not controlled by a substantial contributor or family members) from the excise taxes on excess business holdings and unrelated business income.

Bill· SS. 2708 (113th)referred

Access to Court Challenges for Exempt Status Seekers (ACCESS) Act of 2014

United States · United States Congress · 30 July 2014

Access to Court Challenges for Exempt Status Seekers (ACCESS) Act of 2014 - Amends the Internal Revenue Code to expand the availability of the declaratory judgment legal remedy to all organizations that are currently classified as tax-exempt (currently, limited to "c-3" charitable, religious, or educational organizations) and to religious and apostolic organizations, for purposes of determining the initial or continuing qualification of such organizations for a tax exemption.

Bill· SS. 2707 (113th)referred

Veterans TRICARE Choice Act

United States · United States Congress · 30 July 2014

Veterans TRICARE Choice Act - Allows an individual who is eligible to participate in the TRICARE program (a Department of Defense [DOD] managed health care program) to: (1) elect to be ineligible to enroll in such program, (2) make tax deductible contributions to a health savings account during the period such individual elects to be ineligible for TRICARE coverage, and (3) enroll in the TRICARE program at a later date during a special enrollment period.

Bill· SS. 2702 (113th)referred

Education Tax Fraud Prevention Act

United States · United States Congress · 30 July 2014

Education Tax Fraud Prevention Act - Amends the Internal Revenue Code to require: (1) individuals who claim a tax credit for qualified tuition and related expenses under the Hope Scholarship or the Lifetime Learning tax credit to include their social security numbers on their tax returns, and (2) the educational institutions of such individuals to provide their employer identification numbers.

Bill· SS. 2701 (113th)referred

Stopping Illegal Obamacare Subsidies Act

United States · United States Congress · 30 July 2014

Stopping Illegal Obamacare Subsidies Act - Prohibits American Health Benefit Exchanges from providing for automatic enrollment in health plans until the Inspector General (IG) of the Department of Health and Human Services (HHS) verifies that each state exchange and the federal exchange established under the Patient Protection and Affordable Care Act (PPACA) have resolved the inconsistencies outlined in the June 14 IG report. Directs the Secretary of HHS to make public the steps that the Centers for Medicare and Medicaid Services (CMS) and the federal exchange will take to clear any inconsistencies that arose on or before the enactment of this Act and to ensure that the systems used by the CMS to determine or assess eligibility for premium tax credits, cost-sharing reductions, Medicaid, and the State Children's Health Insurance Program (CHIP) under title XXI of the Social Security Act can resolve such inconsistencies within 30 days after enactment of this Act. Directs the Secretary to make public the methods that the CMS use to monitor, track, and measure the progress of the federal and state exchanges in resolving inconsistencies. Suspends for plan year 2015 the availability of premium assistance tax credits and the reduced cost-sharing program under PPACA; and allows them to resume only after the Commissioner of the Social Security Administration declares affirmatively that all inconsistencies related to invalid Social Security numbers have been resolved, and the IG determines that this is so. Directs the Secretary to request additional information from any applicant for a qualified health plan on a state or federal exchange whose information contains inconsistencies. Requires the applicant to: (1) be withdrawn from the premium assistance credit and reduced cost-sharing programs if the additional information is not provided within 90 days, and (2) re-enroll in a qualified health plan with appropriate and accurate information during the next open enrollment period.

Bill· SS. 2697 (113th)referred

A bill to amend the Truth in Lending Act to clarify the application of the qualified mortgage rule to rural lenders, and for other purposes.

United States · United States Congress · 30 July 2014

Amends the Truth in Lending Act to limit to a city or town with under 50,000 inhabitants the meaning of "rural" with respect to rural lenders which may presume that the applicant for a residential mortgage loan has a reasonable ability to repay the loan and all applicable taxes, insurance, and assessments.

Bill· SS. 2693 (113th)referred

Women's Small Business Ownership Act of 2014

United States · United States Congress · 30 July 2014

Women's Small Business Ownership Act of 2014 - Amends the Small Business Act to direct the Office of Women's Business Ownership within the Small Business Administration (SBA) to address issues concerning specified disciplines required for starting, operating, and increasing a small business. Authorizes the SBA Administrator to provide annual training for women's business ownership representatives. Authorizes the Administrator to provide financial assistance to qualifying entities to conduct projects designed to provide training and counseling meeting the needs of women business owners, especially socially and economically disadvantaged women business owners. Specifies assistance amounts of up to $250,000 per project year. Directs the Administrator to seek advice, input, and recommendations for policy changes from any association of women's business centers to develop: (1) a training program for the staff of such centers, and (2) recommendations to improve the policies and procedures for governing the general operations and administration of the women's business center program. Authorizes the Administrator, upon request by a recipient organization, to waive for a fiscal year (but not more than two consecutive fiscal years) the requirement to obtain matching non-federal funds for the organization's technical assistance and counseling activities carried out using financial assistance under the women's business center program. Directs the Comptroller General (GAO) to study: (1) the unique economic issues facing women's business centers located in predominately rural, urban, or insular areas; and (2) SBA oversight of women's business centers. Authorizes a contracting officer to award a sole source contract under this Act to small businesses owned and controlled by women if each of the businesses is at least 51% owned by one or more women who are economically disadvantaged (and such ownership is determined without regard to any community property law), and meets specified additional criteria. Authorizes a contracting officer to award a sole source contract to a small business owned and controlled by women meeting the same criteria in an industry in which such businesses are substantially underrepresented if the small business also meets specified certification requirements. Extends indefinitely the SBA Intermediary Lending Program (ILP). Replaces requirements governing ILP loan limits, including maximum amounts, with requirements that limit to: (1) $1 million a single loan to an eligible intermediary, (2) $5 million the total amount outstanding and committed to the intermediary by the Administrator under the ILP, and (3) $20 million the total amount of all ILP loans during each of FY2015-FY2017. Revises requirements for the SBA microloan program (direct loans to eligible intermediaries for making fixed interest rate microloans to startup, newly established, or growing small businesses). Increases the ILP's aggregate loan limit for intermediaries after their first year of participation from $5 million to $7 million. Eliminates limitations on an intermediary's use of funds from an accompanying marketing, management, and technical assistance grant to provide information and technical assistance to small businesses that are prospective borrowers. Prohibits the Administrator from collecting the guarantee fee on a guaranteed loan unless amounts are made available to subsidize the cost of guaranteeing such loans for FY2016. Expresses the sense of the Senate on access to capital for small businesses owned and controlled by women.

Bill· SS. 2686 (113th)referred

Wounded Warrior Tax Equity Act of 2014

United States · United States Congress · 30 July 2014

Wounded Warrior Tax Equity Act of 2014 - Amends the Internal Revenue Code to prevent any extension of the tax collection period after assessment for taxpayers who are members of the Armed Forces due to a hospitalization for combat zone injuries.

Bill· HRH.R. 5297 (113th)referred

Strengthening Charities Through Transparency Act of 2014

United States · United States Congress · 30 July 2014

Strengthening Charities Through Transparency Act of 2014 - Amends the Internal Revenue Code to require tax-exempt organizations to file their returns in electronic form and to make such returns available to the public in a machine readable format as soon as practicable. Requires: (1) states, upon the request of the Attorney General, to make available information on charities or charity management officials who have been convicted of fraud, theft, or a financial offense; and (2) the Attorney General to establish a database that lists each such charity or charity management official.

Bill· HRH.R. 5279 (113th)referred

SWEET Act

United States · United States Congress · 30 July 2014

Sugar-Sweetened Beverages Tax Act of 2014 or the SWEET Act - Amends the Internal Revenue Code to impose an excise tax on the sale or transfer of any specified sugar-sweetened beverage product by the manufacturer, producer, or importer thereof. Establishes the rate of such tax as 1cent per 4.2 grams of caloric sweetener contained in such product. Transfers revenues from such tax to the Prevention and Public Health Fund for the sole purpose of funding programs and research to reduce the human and economic costs of diabetes, obesity, dental caries, and other diet-related health conditions in priority populations.

Bill· HRH.R. 5299 (113th)referred

Urban Core Revitalization Act

United States · United States Congress · 30 July 2014

Urban Core Revitalization Act - Amends the Internal Revenue Code, with respect to the rehabilitation tax credit, to include a 15% credit for any qualified rehabilitated building (other than a certified historic structure) located in a low-income community.

Bill· HRH.R. 5298 (113th)referred

Student Job Protection Act of 2014

United States · United States Congress · 30 July 2014

Student Job Protection Act of 2014 - Amends the Internal Revenue Code to exclude students who are employed by an institution of higher education (IHE) and carrying what the school considers a full-time academic workload at the IHE from being counted as full-time employees in calculating the IHE's shared responsibility regarding health care coverage under the Patient Protection and Affordable Care Act.

Bill· HRH.R. 5287 (113th)referred

To amend the Internal Revenue Code of 1986 to provide a tax credit for expenses for household and elder care services necessary for gainful employment.

United States · United States Congress · 30 July 2014

Amends the Internal Revenue Code to allow a new tax credit for employment-related expenses necessary to care for a dependent of a taxpayer who has attained age 50, including expenses for household services and for the care of the dependent, including respite care and hospice care. Limits the amount of such credit to $3,000 for the care of one dependent and $6,000 for the care of two or more dependents of the taxpayer in a taxable year.

Bill· HRH.R. 5284 (113th)referred

To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit and to allow the transfer of such credit in the case of contracted veterans.

United States · United States Congress · 30 July 2014

Amends the Internal Revenue Code, with respect to the work opportunity tax credit, to: (1) make such credit permanent, and (2) allow the transfer of credit amounts to an individual other than the employer for computer services performed by a qualified veteran (i.e. an unemployed veteran with a service-connected disability).

Bill· HRH.R. 5281 (113th)referred

Young Savers Security in Retirement Act of 2014

United States · United States Congress · 30 July 2014

Young Savers Security in Retirement Act of 2014 - Amends the Internal Revenue Code to establish a tax-exempt individual retirement account for taxpayers under age 18, to be known as a young savers account. Treats such accounts as Roth individual retirement accounts for income tax purposes. Allows the tax credit for retirement savings for contributions to a young savers account. Directs the Secretary of the Treasury to pay any overpayment of tax that is attributable to the tax credit for retirement savings to the taxpayer's young savers account.

Bill· HRH.R. 5276 (113th)referred

Bike to Work Act of 2014

United States · United States Congress · 30 July 2014

Bike to Work Act of 2014 - Amends the Internal Revenue Code to include a bicycle sharing system as a mass transit facility for purposes of the tax exclusion of employer-paid commuting expenses. Defines "bicycle sharing system" as a public transportation system: (1) consisting of a network of stations at which bicycles are made available to customers for commuting and short-term, point-to-point use within the network's service area; and (2) that is operated or authorized by a government agency or public-private partnership.

Bill· HRH.R. 5262 (113th)referred

Student Worker Exemption Act of 2014

United States · United States Congress · 30 July 2014

Student Worker Exemption Act of 2014 - Amends the Internal Revenue Code to exclude students who are employed by an institution of higher education (IHE) and carrying a full-time academic workload at the IHE from being counted as full-time employees in calculating the IHE's shared responsibility regarding health care coverage under the Patient Protection and Affordable Care Act.

Bill· HRH.R. 5258 (113th)referred

Families First Act

United States · United States Congress · 30 July 2014

Families First Act - Amends the Internal Revenue Code to allow an adjustment for inflation in calendar years after 2014 to amounts allowed with respect to the tax credit for dependent care expenses necessary for employment and the exclusion from gross income for employer-provided dependent care assistance.

Bill· HRH.R. 5257 (113th)referred

Empowering Families at Home and at Work Act

United States · United States Congress · 30 July 2014

Empowering Families at Home and at Work Act - Amends the Internal Revenue Code to allow a married taxpayer who files a joint tax return a tax deduction for 20% of the first $60,000 of the wages and self-employment income of the lesser earning spouse. Disallows such deduction for taxpayers whose adjusted gross income exceeds $110,000.

Resolution· HRESH.Res. 696 (113th)passed

Providing for consideration of the bill (H.R. 5230) making supplemental appropriations for the fiscal year ending September 30, 2014, and for other purposes; providing for consideration of the bill (H.R. 5272) to prohibit certain actions with respect to deferred action for aliens not lawfully present in the United States, and for other purposes; providing for consideration of the Senate amendment to the bill (H.R. 5021) to provide an extension of Federal-aid highway, highway safety, motor carrier safety, transit, and other programs funded out of the Highway Trust Fund, and for other purposes; and for other purposes.

United States · United States Congress · 30 July 2014

Sets forth the rule for consideration of the bill (H.R. 5230) making supplemental appropriations for the fiscal year ending September 30, 2014, and for other purposes; providing for consideration of the bill (H.R. 5272) to prohibit certain actions with respect to deferred action for aliens not lawfully present in the United States, and for other purposes; providing for consideration of the Senate amendment to the bill (H.R. 5021) to provide an extension of Federal-aid highway, highway safety, motor carrier safety, transit, and other programs funded out of the Highway Trust Fund, and for other purposes.

Bill· SS. 2682 (113th)referred

Made in the U.S.A. Act

United States · United States Congress · 29 July 2014

Made in the U.S.A. Act - Prohibits the head of a federal agency from obligating or expending funds or providing financial assistance for projects for the construction, alteration, maintenance, or repair of a public building or public work unless substantially all of the iron, steel, wood products, cement, and manufactured goods used in the project are produced in the United States (Buy American requirements). Authorizes the head of an agency to waive such prohibition in certain circumstances. Amends the Internal Revenue Code, with respect to the Build America Bond program, to: (1) extend permanently the authority to issue such bonds and the authority for payments to issuers of such bonds, (2) reduce the bond holder tax credit percentage, and (3) treat as bonds qualified for the tax credit any bond (or series of bonds) issued to refund a qualified bond if certain criteria are met. Revises Buy American requirements with respect to federal-aid highways, particularly the handling of waiver requests. Revises similar Buy American requirements with respect to public transportation and Amtrak, particularly rolling stock. Requires the cost of rolling stock components and subcomponents produced in the United States to increase from 60% in FY2015 by 10% annual increments up to 100% for FY2019 and ensuing fiscal years. Prescribes Buy American requirements for procurement of a facility or equipment under federal aviation programs similar to those for rolling stock. Requires the Secretary of Transportation (DOT) to report annually to Congress on: (1) each project for which a waiver of Buy American requirements was issued; and (2) the country of origin and product specifications for steel, iron, or manufactured goods acquired pursuant to each waiver.

Bill· SS. 2681 (113th)referred

Keeping Jobs in America Act

United States · United States Congress · 29 July 2014

Keeping Jobs in America Act - Directs the Secretary of Commerce to establish a program to award grants to states that are recruiting high-value jobs (e.g., manufacturing, software publishing, and computer system design jobs that pay a higher than average wage). Allows the use of grants to issue forgivable loans to entities that employ not fewer than 50 full-time employees in high-value jobs and that are deciding whether to locate in rural and distressed areas. Amends the Internal Revenue Code to: (1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and  relocating it within the United States, and (2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses. Extends through 2017 the additional allowance for depreciation of business property (bonus depreciation) and the election to accelerate the alternative minimum tax credit in lieu of bonus depreciation. Makes permanent: (1) the increased $500,000 expensing allowance for depreciable business property and qualified real property, and (2) the new markets tax credit.

Bill· SS. 2680 (113th)referred

Buy it in America Act

United States · United States Congress · 29 July 2014

Buy it in America Act - Directs the Secretary of Commerce to establish the America Star Program as a voluntary program under which manufacturers may have products certified as meeting the standards of a label (i.e., America Star label) that indicates to consumers the extent to which such products are manufactured in the United States. Amends the Internal Revenue Code to: (1) allow a new tax credit (angel investment tax credit) for up to 25% of equity investment in a small business entity that is located in the United States and engages in a qualified high technology trade or business; (2) make permanent the 100% exclusion from gross income of gain from the sale or exchange of qualified small business stock; and (3) establish tax-exempt small business startup savings accounts to make distributions for small business operating capital, the purchase of equipment or facilities, marketing, training, incorporation, and accounting fees.

Bill· SS. 2679 (113th)referred

Superfund Polluter Pays Restoration Act of 2014

United States · United States Congress · 29 July 2014

Superfund Polluter Pays Restoration Act of 2014 - Amends the Internal Revenue Code to: (1) reinstate the Hazardous Substance Superfund financing rate beginning 60 days after enactment of this Act; (2) increase such rate from 9.7 cents to 15.8 cents per barrel of crude oil; (3) adjust for inflation in taxable years beginning after 2014 the $3.5 billion Superfund threshold after which no tax is imposed; (4) reinstate and increase the rates of tax on taxable chemicals; (5) modify the definition of "crude oil" to include any bitumen or bituminous mixture, any oil derived from such mixture (including oil derived from tar sands), and any oil derived form kerogen-bearing sources (including oil derived from oil shale); and (6) allow the use of the Superfund for environmental remediation without further appropriation.

Bill· HRH.R. 5252 (113th)referred

Tax and Fee Collection Fairness Act of 2014

United States · United States Congress · 29 July 2014

Tax and Fee Collection Fairness Act of 2014 - Prohibits a state from requiring any person to collect from, or remit on behalf of, any other person any state or local fee, tax, or surcharge imposed on a purchaser or user with respect to the purchase or use of any product or service within a state, unless there is transactional nexus between the person from whom the state seeks to require such collection or remittance and the purchaser or user of such product or service. Defines "transactional nexus" as a direct monetary transaction between the person required to collect or remit the fee, tax, or surcharge and the purchaser or user upon whom the fee, tax, or surcharge is imposed.

Bill· HRH.R. 5236 (113th)referred

Taxpayer Identity Theft Prevention and Enforcement Act of 2014

United States · United States Congress · 29 July 2014

Taxpayer Identity Theft Prevention and Enforcement Act of 2014 - Amends the federal criminal code to include certain felony violations under the Internal Revenue Code as aggravated identity theft, including the following offenses when committed in connection with the filing of a tax return: (1) conspiracy to defraud the government with respect to claims; (2) false, fictitious or fraudulent claims; and (3) conspiracy to commit any offense against, or to defraud, the United States.

Bill· HRH.R. 5230 (113th)open

Making supplemental appropriations for the fiscal year ending September 30, 2014, and for other purposes.

United States · United States Congress · 29 July 2014

Secure the Southwest Border Supplemental Appropriations Act, 2014 - Provides supplemental FY2014 appropriations for the Department of Homeland Security (DHS), including U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE); the Department of Defense (DOD); the Department of Justice (DOJ); and the Department of Health and Human Services (HHS) for expenses related to the rise in unaccompanied alien children and alien adults accompanied by an alien minor at the southwest border. Permits funds previously appropriated for the Department of State, foreign operations, and related programs for assistance to the countries in Central America to be used for repatriation and reintegration activities. Specifies other authorized, restricted, and prohibited uses of appropriated funds. Includes rescissions of funds previously appropriated to various federal agencies. Secure the Southwest Border Act of 2014 - Amends the William Wilberforce Trafficking Victims Protection Authorization Act of 2008 and the Immigration and Nationality Act to change the procedures for screening and processing unaccompanied alien children who arrive at the border from certain countries. Amends the Immigration and Nationality Act to include the commission of certain drug-related offenses as grounds for per se ineligibility for asylum. Permits appropriations provided to DOD under this Act to be used for the National Guard to provide support for operations on the southern border. Prohibits the Secretary of the Interior and the Secretary of Agriculture (USDA) from impeding, prohibiting, or restricting certain CBP activities on federal lands. Expresses the sense of Congress that the Secretary of Defense should not allow the placement of unauthorized aliens at military installations unless certain conditions are met.

Bill· HRH.R. 5254 (113th)referred

VA Bonus Accountability Act

United States · United States Congress · 29 July 2014

Stop Wasteful Bonuses in Department of Veterans Affairs Act of 2014 or the VA Bonus Accountability Act - Prohibits a federal agency from awarding a bonus to any employee for five years after the end of a fiscal year in which the Inspector General of the agency or another senior ethics official or the Comptroller General (GAO) makes an adverse finding relating to the employee. Requires repayment of a bonus awarded in any year in which an adverse finding is made.

Bill· HRH.R. 5251 (113th)referred

Incentivizing Foreign Investment to Upgrade America's Infrastructure Act of 2014

United States · United States Congress · 29 July 2014

Incentivizing Foreign Investment to Upgrade America's Infrastructure Act of 2014 - Amends the Internal Revenue Code to exempt a qualified foreign pension fund from taxation of gain or loss from, or tax withholding requirements on, the disposition of U.S. real property interests. Defines "qualified foreign pension fund" as any trust, corporation, or other organization or arrangement that: (1) is created or organized outside the United States; (2) is established to provide employee retirement or pension benefits; (3) does not have a single participant or beneficiary with a right to more than 5% of its assets; (4) is subject to regulation and tax reporting requirements in the country in which it is established or operates; and (5) is provided favorable tax treatment by the laws of the country in which it is established or operates.

Bill· HRH.R. 5243 (113th)referred

Let Seniors Work Act of 2014

United States · United States Congress · 29 July 2014

Let Seniors Work Act of 2014 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to: (1) eliminate the payroll tax for individuals who have attained retirement age, and (2) remove the limitation on the amount of outside income which a beneficiary may earn (earnings test) without incurring a reduction in benefits.

Bill· HRH.R. 5239 (113th)referred

To amend the Internal Revenue Code of 1986 to exclude from gross income any discharge of student loan indebtedness.

United States · United States Congress · 29 July 2014

Amends the Internal Revenue Code, with respect to the exclusion from gross income of income attributable to the discharge of student loan indebtedness, to: (1) include indebtedness discharged due to income-contingent and income-based repayment plans, the death or disability of the borrower, or the closing of an educational institution; and (2) revise the definition of "student loan" to mean a loan made by any lender, including a loan for the refinancing of an existing loan.

Bill· HRH.R. 5234 (113th)referred

Rewarding the TEAM Act

United States · United States Congress · 29 July 2014

Rewarding the Training of Employees for American Manufacturing Act of 2014 or the Rewarding the TEAM Act - Amends the Internal Revenue Code to allow manufacturing employers located in the United States a business-related tax credit for the manufacturing training expenses of their employees. Includes within the definition of "manufacturing training expenses" related course work, certification testing, and essential skill acquisition.

Bill· SS. 2672 (113th)referred

SISA Act

United States · United States Congress · 28 July 2014

Sanction Iran, Safeguard America Act of 2014 or the SISA Act - Amends the Iran Sanctions Act of 1996, the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, the National Defense Authorization Act for Fiscal Year 2012, the Iran Threat Reduction and Syria Human Rights Act of 2012, and the Iran Freedom and Counter-Proliferation Act of 2012 to eliminate authority to waive sanctions relating to: transportation of crude oil from Iran; financial institutions that engage in certain transactions; the financial sector of Iran; persons that support or conduct certain transactions with Iran's Revolutionary Guard Corps and other sanctioned persons; the sale, supply, or transfer of certain materials to or from Iran; the provision of underwriting services or insurance or reinsurance for activities or persons with respect to which sanctions have been imposed; and foreign financial institutions that facilitate financial transactions on behalf of specially designated nationals. Amends the Iran Threat Reduction and Syria Human Rights Act of 2012 to direct the President to prohibit any correspondent account or a payable-through account opened and maintained in the United States by a foreign financial institution that has knowingly conducted or facilitated any significant financial transaction, on or after July 31, 2012, for the purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, or petrochemical products from Iran. Requires the imposition on violators of specified sanctions under the Iran Sanctions Act of 1996. Requires the President to block and prohibit all transactions in property and interests in property in or that enter the United States (or the possession or control of a U.S. person) of any person that has, on or after July 31, 2012, materially assisted, sponsored, or provided financial support or related goods or services for the National Iranian Oil Company, the Naftiran Intertrade Company, or the Central Bank of Iran. Requires the President also to block and prohibit similar transactions involving the purchase or acquisition of U.S. bank notes or precious metals by the government of Iran. Amends the Iran Freedom and Counter-Proliferation Act of 2012 to direct the President to block and prohibit similar transactions involving any Iranian person included on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury. Directs the President to impose specified sanctions with respect to: (1) a person that has, on or after June 1, 2013, knowingly engaged in a significant financial transaction in connection with the automotive sector of Iran; (2) any related correspondent account or a payable-through account held by a foreign financial institution that has knowingly facilitated such a transaction; and (3) any foreign financial institution that has knowingly facilitated a significant financial transaction on behalf of any blocked person or specially designated Iranian national. Requires revision of the Federal Acquisition Regulation to require a certification from each prospective federal contractor that is part of the automotive sector of any foreign country, that the prospective contractor (and any person owned or controlled by it): (1) does not have a business relationship with the government of Iran; and (2) has not, in the previous 90 days, conducted any transaction with an Iranian person or any entity owned or controlled by one. Amends the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to prohibit importation into the United States of refined petroleum products made using Iranian origin crude oil regardless of whether the crude oil was commingled with crude oil not of Iranian origin. Prohibits any regulatory exception to the prohibition on direct or indirect imports from Iran. Amends the National Defense Authorization Act for Fiscal Year 2012 with respect to sanctions on petroleum transactions. Directs the President to block and prohibit all activities or transactions that contribute materially, or pose a risk of material contribution, to the proliferation of weapons of mass destruction or the means to deliver them. Prohibits any obligation or expenditure of authorized appropriations for negotiations with Iran until a join resolution has been enacted making specified certifications.

Bill· HRH.R. 5213 (113th)referred

STARS Act

United States · United States Congress · 28 July 2014

Simplifying Technical Aspects Regarding Seasonality Act of 2014 or the STARS Act - Amends the Internal Revenue Code to exempt seasonal employees from the definition of "full-time employee" for purposes of the employer mandate to provide employees with minimum essential health care coverage. Defines "seasonal employee" as an employee who is employed in a position for which the customary annual employment is not more than six months and which requires performing labor or services that are ordinarily performed at certain seasons or periods of the year.

Bill· HRH.R. 5211 (113th)referred

To amend section 811 of Public Law 111-84 to apply that section to all contractors for all sole-source contracts exceeding $20,000,000.

United States · United States Congress · 25 July 2014

Amends the National Defense Authorization Act for Fiscal Year 2010 to amend the definition of a "covered procurement" that is subject to the requirement for written justification and approval prior to the award of a single-source contract exceeding $20 million to include a military or executive agency procurement.

Bill· SS. 2663 (113th)referred

Partner with Korea Act

United States · United States Congress · 24 July 2014

Partner with Korea Act - Amends the Immigration and Nationality Act to create an E-4 treaty trader visa category for up to 15,000 nationals of the Republic of Korea (South Korea) each fiscal year who are coming to the United States solely to perform specialty occupation services and with respect to whom the Secretary of Labor has certified to the Secretary of Homeland Security (DHS) and the Secretary of State that the intending employer has filed an attestation concerning U.S. worker protections with the Secretary of Labor.

Bill· SS. 2660 (113th)referred

A bill to amend the Internal Revenue Code of 1986 to clarify the special rules for accident and health plans of certain governmental entities, and for other purposes.

United States · United States Congress · 24 July 2014

Amends the Internal Revenue Code, with respect to the exclusion of payments made from an accident or health plan funded by a state entity from gross income for income tax purposes, to: (1) include payments made to an employee or to a spouse, dependent, or child of an employee; and (2) extend reimbursement of health care expenses under such a plan to any beneficiary of a deceased plan participant other than a surviving spouse, dependent, or child.

Bill· HRH.R. 5184 (113th)referred

National Regulatory Budget Act of 2014

United States · United States Congress · 24 July 2014

National Regulatory Budget Act of 2014 - Establishes the Office of Regulatory Analysis in the executive branch as an independent establishment. Requires the Director of the Office to submit an annual report to specified congressional committees that includes: (1) regulatory costs imposed on regulated entities; (2) an analysis of any major changes in estimation methodology used by the Office since its last annual report; (3) an analysis of any major estimate changes caused by improved or inadequate data; (4) recommendations on how regulations may be streamlined, simplified, and modernized; and (5) recommendations for repealing regulations and reducing the cost of regulations without diminishing their effectiveness. Requires the Director to publish a regulatory analysis of each proposed covered federal rule (a rule, an information collection requirement, guidance, or a directive that imposes not less than $25 million in annual costs on regulated entities) and each proposed withdrawal or modification of a covered federal rule by an executive agency that imposes or reduces costs on a regulated entity. Requires Congress to pass an annual bill establishing a National Regulatory Budget that sets an overall regulatory cost cap and an agency regulatory cost cap for each executive agency for the fiscal year. Requires agencies to provide the information that the Director requests and imposes sanctions for failing to cooperate. Prohibits an executive agency that exceeds the annual agency regulatory cost cap imposed by the National Regulatory Budget for a fiscal year from promulgating a new covered federal rule that increases regulatory costs.

Bill· HRH.R. 5196 (113th)referred

USA Act

United States · United States Congress · 24 July 2014

Unified Savings and Accountability Act or the USA Act - Title I: Provisions Relating to Federal Property, Federal Contracts and Information Technology - Requires: (1) the Administrator for Federal Procurement Policy to issue guidance to federal agencies for reinvigorating the role of the competition advocate, and (2) agency chief information officers to use transparency mechanisms to report to the Office of Management and Budget (OMB), annually, on efforts to identify and eliminate potentially duplicative information technology investment. Requires the Director of OMB to: issue a policy requiring consistency among all agencies in identifying information technology investments in any required reporting, issue government-wide savings goals for the strategic sourcing of goods and services by executive agencies required to have a Chief Financial Officer, require each executive agency to develop a policy consistent with OMB guidance for performing analysis to measure how well each operational/steady state information technology investment is achieving expected goals and to determine whether the investment provides the most cost effective way of delivering business value, issue guidance for specified agencies to complete their commodity IT baselines, require specified agencies to report quarterly on progress in the migration of enterprise IT systems and IT infrastructure to a shared service, and direct the Federal Chief Information Officer (Federal CIO) to require agencies to report on specified IT actions as part of integrated data collection quarterly reporting. Requires: (1) the Federal Acquisition Regulation to be revised to address reverse auctions by federal agencies, and (2) the OMB Director to issue government-wide guidance advising agencies to collect and analyze data on the level of interactive bidding and fees paid to determine the cost effectiveness of using reverse auctions in procurement and on best practices to maximize competition and savings in the use of reverse auctions. Requires the Administrator of General Services (GSA) to develop and use criteria to prioritize potential long-term ownership solutions to current high-value leases among other capital investments and to use this ranking to create long-term cross agency strategy that facilitates consideration of targeted investments in ownership Requires the Federal CIO to develop, implement, and report annually on agency progress in carrying out a Federal Data Center Optimization Initiative. Requires each agency included in the Initiative to: (1) use specified methods to achieve maximum server utilization and maximum energy efficiency for federal data centers, (2) use the most cost-effective measures to implement the Initiative, and (3) report to the Federal CIO annually on resulting costs and savings. Requires agency savings to be used to enhance information technology capabilities and services. Requires OMB to issue, and executive agencies to implement, recommendations for reducing or consolidating the number of federal data centers by at least 40% by the end of FY2018 and by at least 80% by the end of FY2023. Title II: Other Matters - Amends the Social Security Act to direct the Secretary of Health and Human Services (HHS) to report on: (1) efforts to finalize plans and schedules for fully implementing and expanding the use of the Integrated Data Repository and actions taken to define expected financial benefits; and (2) actions taken to plan, schedule, and conduct training on the One Program Integrity System used to analyze and extract data from such Repository and actions taken to define expected financial benefits. Amends the Internal Revenue Code to authorize the Secretary of the Treasury, upon receiving certification by the Commissioner of Internal Revenue (IRS) that any individual has a seriously delinquent tax debt in excess of $50,000, with specified exceptions, to transmit such certification and disclose certain tax return information to the Secretary of State for action with respect to denial, revocation, or limitation of a passport for such individual pursuant to the Passport Act of 1926. Prohibits the Secretary of State, upon receiving such certification, from issuing a passport to such individual, except in emergency circumstances or for humanitarian reasons. Requires the Secretary to revoke a passport previously issued to such individual, but authorizes limiting such a passport to return travel to the United States. Prohibits the Secretary of the Treasury from minting or issuing any circulating coin, or engraving or printing any U.S. currency, that costs more to produce than its denomination. Directs the Public Printer to make any House or Senate document available only in an electronic format that is accessible through the Internet, with specified exceptions. Directs the Board of Governors of the Federal Reserve System to: (1) sequester all $1 coins bearing the design common to those $1 coins minted and issued from 1979 through 1981 and in 1999; (2) undertake and report on efforts to improve the circulation of the $1 coin, other than those sequestered; (3) continuously conduct education programs to help businesses using or accepting cash to choose the best mix of $1 coins and bank notes to facilitate and reduce transaction costs; and (4) work with the Departments of State and Treasury to ensure that countries that have adopted the dollar as a base unit of exchange and that place orders for supplies of $1 monetary units are fully briefed on the durability and longevity of $1 coins in high-circulation economies. Declares it to be U.S. policy that after $1 coins achieve sufficient market penetration, $1 coins should replace $1 Federal Reserve notes. Allows Federal Reserve banks to continue to place $1 Federal Reserve notes into circulation until the number of $1 coins placed into circulation exceeds 600 million annually, or until four years after enactment of this Act, whichever is earlier. Directs the IRS Commissioner to develop a long-term strategy to improve web services provided to taxpayers. Directs the Departments of Housing and Urban Development (HUD), Agriculture (USDA), and Veterans Affairs (VA) to: (1) analyze, annually, the effectiveness and long-term costs and benefits of their programs, actions, and strategies for avoidance or mitigation of foreclosure losses regarding loans for and mortgages on one- to four-family homes made, insured, or guaranteed by such Department; and (2) provide additional guidance on loss mitigation efforts to servicers of such loans and mortgages.

Bill· HRH.R. 5199 (113th)referred

Municipal Bond Market Support Act of 2014

United States · United States Congress · 24 July 2014

Municipal Bond Market Support Act of 2014 - Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit amount after 2014.

Bill· HRH.R. 5198 (113th)referred

To amend the Internal Revenue Code of 1986 to provide an appeal process for designation as qualified census tracts and difficult development areas under the low-income housing credit.

United States · United States Congress · 24 July 2014

Amends the Internal Revenue Code to allow a state or local government agency to petition the Secretary of Housing and Urban Development (HUD) to review a HUD designation of (or failure to designate) an area as a qualified census tract (low income area) or difficult development area (an area with high construction, land, and utility costs relative to area median gross income).

Resolution· HRESH.Res. 686 (113th)referred

Providing for consideration of the bill (H.R. 2821) to provide tax relief for American workers and businesses, to put workers back on the job while rebuilding and modernizing America, and to provide pathways back to work for Americans looking for jobs.

United States · United States Congress · 24 July 2014

Sets forth the rule for consideration of the bill (H.R. 2821) to provide tax relief for American workers and businesses, to put workers back on the job while rebuilding and modernizing America, and to provide pathways back to work for Americans looking for jobs.

Bill· HRH.R. 5178 (113th)referred

Crime Victim Restitution and Court Fee Intercept Act

United States · United States Congress · 23 July 2014

Crime Victim Restitution and Court Fee Intercept Act - Amends the Internal Revenue Code to require the chief justice of the highest court of any state that wishes to collect past-due, legally enforceable state judicial debts to designate a single state entity to communicate judicial debt information to the Secretary of the Treasury. Directs the Secretary, upon receiving notice from such an entity that a named person owes a past-due, legally enforceable state judicial debt, to pay such debt from any tax refund due to such person. Defines "state judicial debt" to include court costs, fees, fines, assessments, restitution to victims of crime, and other monies resulting from a judgment or sentence rendered by any court or tribunal of competent jurisdiction handling criminal or traffic cases in the state.

Bill· HRH.R. 5173 (113th)referred

Strong Families Act

United States · United States Congress · 23 July 2014

Strong Families Act - Amends the Internal Revenue Code to allow certain employers a business-related tax credit for up to 25% of the amount of wages paid to their employees during any period (not exceeding 12 weeks) in which such employees are on family and medical leave. Limits the allowable amount of such credit to $4,000 per employee for any taxable year.

Resolution· HRESH.Res. 680 (113th)passed

Providing for consideration of the bill (H.R. 3393) to amend the Internal Revenue Code of 1986 to consolidate certain tax benefits for educational expenses, and for other purposes, and providing for consideration of the bill (H.R. 4935) to amend the Internal Revenue Code of 1986 to make improvements to the child tax credit.

United States · United States Congress · 23 July 2014

Sets forth the rule for consideration of the bill (H.R. 3393) to amend the Internal Revenue Code of 1986 to consolidate certain tax benefits for educational expenses, and for other purposes, and providing for consideration of the bill (H.R. 4935) to amend the Internal Revenue Code of 1986 to make improvements to the child tax credit.

Bill· SS. 2637 (113th)referred

SBA Intermediary Lending Program Act of 2014

United States · United States Congress · 22 July 2014

SBA Intermediary Lending Program Act of 2014 - Amends the Small Business Act to make permanent the Small Business Administration (SBA) Intermediary Lending Program (ILP). Limits to a maximum of: (1) $1 million a single ILP loan to an eligible intermediary, (2) $5 million the total amount outstanding and committed to the intermediary by the Administrator under the program, and (3) $20 million the total amount of all ILP loans during each of FY2015-FY2017. Authorizes the Administrator, during FY2018 and each ensuing fiscal year, to use amounts made available for the program.

Bill· SS. 2636 (113th)referred

Alaska Native Conservation Parity Act of 2014

United States · United States Congress · 22 July 2014

Alaska Native Conservation Parity Act of 2014 - Amends the Internal Revenue Code to allow Alaska Native Corporations an increased tax deduction for donations of conservation easements related to lands conveyed under the Alaska Native Claims Settlement Act. Permits a 15-year carryover of contribution amounts that exceed annual limitations on the amount of such tax deduction.

Bill· SS. 2634 (113th)referred

National Disaster Tax Relief Act of 2014

United States · United States Congress · 22 July 2014

National Disaster Tax Relief Act of 2014 - Amends the Internal Revenue Code to provide tax relief for disasters declared in 2012, 2013, and 2014 by: extending through 2014 the election to expense qualified disaster expenses (i.e., for removal of debris, demolition, and repair of business-related property); increasing the tax deduction for charitable contributions for disaster relief for individual and corporate taxpayers; allowing through 2014 the deduction of losses attributable to disasters; allowing waivers of requirements relating to mortgage revenue bonds; extending through 2014 the additional allowance for depreciation of business property (bonus depreciation); allowing an increase through 2016 of the new markets tax credit limitation amount within a federally-declared disaster area; permitting the use of tax-exempt retirement plan funds in federally-declared disasters without penalty; allowing an additional tax exemption for individuals who are displaced as a result of a federally-declared disaster; allowing an exclusion from gross income of imputed income from the cancellation of indebtedness resulting from federally-declared disasters; providing a special rule to allow individuals affected by a disaster in 2012, 2013, or 2014 to claim a full earned income tax credit; increasing the rehabilitation tax credit for buildings affected by a federally-declared disaster; permitting one additional advance refunding of a tax-exempt bond that is outstanding on the date on which a federally-declared disaster occurs; allowing the issuance of qualified disaster area recovery bonds; allowing an additional allocation of the low-income housing tax credit in 2015 to states affected by a federally-declared disaster occurring in 2012 2013, or 2014;   allowing payments of disaster assistance to tax-exempt mutual ditch or irrigation companies without affecting their tax-exempt status; allowing an exclusion from gross income for disaster mitigation payments received from state and local governments; and allowing a tax deduction for payments to a tax-exempt natural disaster fund.

PreviousPage 5 of 6Next