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Bill· SS. 1782 (115th)referred
United States · United States Congress · 7 September 2017
Forty Hours is Full Time Act of 201 7 This bill amends the Internal Revenue Code, with respect to the employer mandate to provide health care coverage, to: (1) modify the formula for calculating the number of full-time employees employed by an applicable large employer subject to the mandate; and (2) define a "full-time employee" as an employee who is employed on average at least 40 hours per week (currently, 30 hours).
Bill· SS. 1778 (115th)referred
United States · United States Congress · 7 September 2017
Patriot Employer Tax Credit Act This bill amends the Internal Revenue Code to allow a Patriot employer a business-related tax credit equal to 10% of up to $15,000 of wages paid to any employee in a taxable year. The bill sets forth criteria for designation as a Patriot employer, including requirements that such employer: (1) maintains its headquarters in the United States and does not expatriate to avoid payment of U.S. income taxes, (2) complies with the employer mandate to provide minimum essential health care coverage to its employees under the Patient Protection and Affordable Care Act, (3) provides employees with paid sick leave or paid family and medical leave, (4) compensates at least 90% of its employees at an hourly rate that is at least 218% of the federal poverty level for an individual for the calendar year divided by 1,750 and provides at least 90% of its employees with a basic level of retirement benefits, (5) provides for differential wage payments to its employees who are members of the Uniformed Services, (6) has a written policy in place for the recruitment of employees who have served in the Uniformed Services or who are disabled, and (7) increases the number of its employees performing substantially all of their services inside the United States to offset the number of employees who work outside the United States.
Bill· SS. 1777 (115th)referred
United States · United States Congress · 7 September 2017
Corporate Responsibility Fee Act of 2017 This bill amends the Internal Revenue Code to impose a specified excise tax on certain employers who employ low-wage employees during the taxable year. A "low-wage" employee is an employee who receives wages from the employer that are less than 218% of the federal poverty line. The bill reduces the amount of the tax for employers who provide certain health and retirement benefits to low-wage employees. Government employers, churches, and church organizations are exempt from the tax.
Bill· HRH.R. 3709 (115th)referred
United States · United States Congress · 7 September 2017
America's College Promise Act of 2017 This bill requires the Department of Education (ED) to award grants to states and Indian tribes to waive tuition and fees at community colleges. To receive a grant, states and Indian tribes must agree to waive tuition and fees at all their community colleges and for all eligible students. An eligible student is a student who: (1) qualifies for resident tuition, (2) enrolls in the college and attends at least half-time, (3) maintains satisfactory academic progress, and (4) enrolls in an academic program with credits that are fully transferable to any public institution of higher education in the state or enrolls in a training program that leads to credentials in an in-demand industry. The bill appropriates $1.5 billion in FY2018, an increasing annual amount through FY2026, and $15.7 billion for FY2027 and each succeeding fiscal year for grants under this community college program. This bill also requires ED to award grants to four-year historically black colleges and universities (HBCUs) and other minority-serving institutions (MSIs) to waive or reduce tuition and fees for up to 60 credits for low-income students. HBCUs and MSIs that participate must: (1) enroll a student body that contains at least 35% low-income students; (2) maintain or adopt reforms and practices to improve completion rates and student outcomes; (3) set performance goals; and (4) execute an articulation agreement with community colleges, if accepting transfer students. It appropriates $61 million for FY2018, an increasing annual amount through FY2026, and $1.6 billion for FY2027 and each succeeding fiscal year for grants under this HBCU/MSI program.
Bill· HRH.R. 3708 (115th)referred
United States · United States Congress · 7 September 2017
This bill amends the Internal Revenue Code (IRC) to exclude from gross income up to $600 (adjusted for inflation after 2018) in gain from the sale or exchange of virtual currency for other than cash or cash equivalents. "Virtual currency" is a digital representation of value that is used as a medium of exchange and is not otherwise currency under provisions of the IRC related to foreign currency transactions.
Bill· HRH.R. 3707 (115th)referred
United States · United States Congress · 7 September 2017
Apprenticeship and Jobs Training Act of 2017 This bill amends the Internal Revenue Code to allow employers a business-related tax credit for up to $5,000 for the training of a qualified individual in a qualified apprenticeship program or multi-employer apprenticeship program. A "qualified individual" is an individual who: (1) is an apprentice participating in a qualified apprenticeship program or multi-employer apprenticeship program, (2) has been employed in either program for a period of at least seven months that ends within the taxable year, and (3) is not a highly compensated employee or a seasonal worker. A "qualified apprenticeship program" is a program that: (1) provides qualified individuals with on-the-job training and instruction for a qualified occupation (i.e., a skilled trade occupation in a high-demand mechanical, technical, health care, or technology field); (2) is registered with the Office of Apprenticeship of the Department of Labor or a state apprenticeship agency recognized by the office; and (3) maintains records relating to the qualified individual. A "qualified multi-employer apprenticeship program" is a program in which multiple employers are required to contribute and that is maintained pursuant to one or more collective bargaining agreements. The bill also allows certain distributions, without penalty, from retirement and pension plans to an employee who is serving as a mentor. A "mentor" is a working individual who: (1) has attained age 55; (2) works reduced hours and engages in mentoring activities for at least 20% of such hours; and (3) is responsible for the training and education of employees or students in an area of expertise for which such individual has a professional credential, certificate, or degree.
Bill· HRH.R. 3702 (115th)referred
United States · United States Congress · 7 September 2017
Manufacturing Economic Recovery Act of 201 7 This bill amends the Internal Revenue Code to allow: (1) a manufacturing recovery tax credit for investment in manufacturing real and tangible personal property used in the United States, including an increased credit for manufacturing property located in an economically disadvantaged area or an extremely economically disadvantaged area; (2) an additional investment tax credit for manufacturing property; and (3) a permanent work opportunity tax credit for hiring a full-time employee in a manufacturing facility located in the United States (manufacturing recovery employee), including an increased credit for hiring individuals receiving unemployment compensation.
Bill· HRH.R. 3700 (115th)referred
United States · United States Congress · 7 September 2017
Investing in 21st Century Schools Act This bill amends the Internal Revenue Code, with respect to qualified zone academy bonds, to: (1) extend through 2020 the national limitation amount for such bonds, and (2) reduce from 10% to 5% of bond proceeds the required contribution amount for private businesses.
Resolution· HRESH.Res. 504 (115th)passed
United States · United States Congress · 6 September 2017
Sets forth the rule for consideration of H.R. 3354 (Department of the Interior, Environment, and Related Agencies Appropriations Act, 2018).
Bill· HRH.R. 3690 (115th)referred
United States · United States Congress · 6 September 2017
Preserving America's Downtowns and Heritage Act of 201 7 This bill amends the Internal Revenue Code to: (1) increase the rate of the rehabilitation tax credit for commercial buildings and for certified historic structures, and (2) allow a new 20% rehabilitation tax credit for certified historic buildings used by a taxpayer as a principal residence.
Bill· HRH.R. 3683 (115th)referred
United States · United States Congress · 6 September 2017
Student and Families Tax Reduction Act This bill amends the Internal Revenue Code to permanently extend the tax deduction for qualified tuition and related expenses.
Resolution· HRESH.Res. 500 (115th)passed
United States · United States Congress · 5 September 2017
Sets forth the rule for consideration of the bill (H.R. 3354) making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2018, and for other purposes; providing for consideration of motions to suspend the rules; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.
Bill· HRH.R. 3679 (115th)referred
United States · United States Congress · 5 September 2017
National Disaster Tax Relief Act of 2017 This bill amends the Internal Revenue Code to provide tax relief for federally-declared disasters in 2012, 2013, 2014, and 2015. For individuals and businesses located in or investing in the affected areas, the bill allows: expensing of certain disaster expenses, increased deductions for charitable contributions for disaster relief, modifications to rules regarding the deduction of losses attributable to disasters, waivers of certain mortgage revenue bond requirements, an extension of the additional depreciation allowance for business property (bonus depreciation), an increased new markets tax credit limitation, penalty-free distributions from retirement plans, an additional tax exemption for individuals who are displaced, an exclusion from gross income for certain cancellations of indebtedness, a modified rule for determining the earned income of individuals for the earned income tax credit and the child tax credit, an increased rehabilitation tax credit for buildings, additional advance refundings of certain tax-exempt bonds, disaster area recovery bonds, additional low-income housing tax credit allocations, payments of disaster assistance to tax-exempt mutual ditch or irrigation companies without affecting their tax-exempt status, an exclusion from gross income for disaster mitigation payments received from state and local governments, a deduction for payments to a tax-exempt natural disaster fund, a five-year replacement period for property for purposes of the exclusion of gain from an involuntary conversion, a tax credit for a portion of the wages paid to employees, and an enhanced deduction for medical expenses.
Bill· HRH.R. 3678 (115th)referred
United States · United States Congress · 5 September 2017
This bill amends the Internal Revenue Code to designate an empowerment zone in the District of Columbia. (Empowerment zones are federally designated geographic areas where certain federal tax incentives and grants are allowed to increase investment and employment.)
Bill· HRH.R. 3672 (115th)referred
United States · United States Congress · 5 September 2017
This bill provides $7.85 billion in FY2017 supplemental appropriations to the Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA) for disaster relief requirements, such as response and recovery efforts from Hurricane Harvey. The bill provides $7.4 billion for FEMA's Disaster Relief Fund and $450 million for the SBA's Disaster Loans Program Account to remain available until expended. The bill designates the funds as an emergency requirement and provides that the funds are only available if the President subsequently designates the funds and transmits the designation to Congress. (Emergency spending is exempt from discretionary spending limits and other budget enforcement rules.)
Bill· HRH.R. 3671 (115th)referred
United States · United States Congress · 1 September 2017
Off Fossil Fuels for a Better Future Act This bill transitions away from fossil fuel sources of energy to clean energy sources (e.g., energy efficiency, energy conservation, and renewable energy). By 2027: (1) 80% of electricity sold must be generated from clean energy resources, (2) 80% of new vehicle sales from manufacturers must be sales of zero-emission vehicles, and (3) 80% of train rail lines and train engines must be electrified. By 2035: (1) 100% of electricity must be generated from clean energy resources, (2) 100% of vehicle sales from manufacturers must be zero-emission vehicles, and (3) 100% of train rail lines and train engines must be electrified. The bill establishes a car allowance rebate system within the Department of Transportation to provide economic incentives for consumers to purchase new, clean energy vehicles. No federal permits for new major fossil fuel projects may be issued in 2018 and thereafter. The bill amends the Internal Revenue Code to: (1) terminate specified fossil fuel subsidies, (2) permanently extend renewable electricity production tax credits for electricity generated from wind, and (3) permanently extend a business energy investment tax credit for solar or wind energy technologies. A Community Assistance Fund is established for specified industrial and energy efficiency programs. The bill permanently reauthorizes the Weatherization Assistance Program, which provides energy efficiency retrofits of low-income homes. It prohibits exports of domestically produced crude oil and natural gas, including liquefied natural gas. The Center for Clean Energy Workforce Development is established within the Department of Labor.
Bill· HRH.R. 3670 (115th)referred
United States · United States Congress · 1 September 2017
Rent Relief Act of 2017 This bill amends the Internal Revenue Code to allow a refundable tax credit for individuals who pay rent for a principal residence that exceeds 30% of the individual's gross income for the taxable year. The amount of the credit ranges from 10% to 100% of the excess, depending on the gross income of the taxpayer. The credit is not available for taxpayers with gross income that exceeds $125,000. Rent that exceeds 150% of the fair market rent for the residence may not be taken into account for the purpose of determining the amount of the credit. For individuals who reside in government-subsidized housing, the bill allows a credit equal to 1/12 of the rent paid by the taxpayer (and not subsidized under the program) during the year with respect to the residence.
Bill· SS. 1761 (115th)open
United States · United States Congress · 18 August 2017
Intelligence Authorization Act for Fiscal Year 2018 This bill authorizes for FY2018 the intelligence-related activities of the: Office of the Director of National Intelligence (ODNI); Central Intelligence Agency (CIA); Department of Defense; Defense Intelligence Agency; National Security Agency; Departments of the Army, Navy, and Air Force; Coast Guard; Departments of State, Treasury, Homeland Security, and Justice; Federal Bureau of Investigation; Drug Enforcement Administration; National Reconnaissance Office; National Geospatial-Intelligence Agency; and Department of Energy (DOE). The bill also authorizes for FY2018 the CIA Retirement and Disability System. In addition, the bill: requires the ODNI to establish a Supply Chain and Counterintelligence Risk Management Task Force; requires DOE to establish a pilot program for securing energy infrastructure; directs various agencies to report to Congress on intelligence matters including security clearances, bug bounty programs, foreign-investment risks, geospatial commercial activities, Russian threats to U.S. elections, and specified intelligence-community employment matters; and otherwise modifies provisions regarding the intelligence community.
Bill· HRH.R. 3659 (115th)referred
United States · United States Congress · 18 August 2017
Fair Accounting for Condominium Construction Act This bill amends the Internal Revenue Code to exempt certain residential construction contracts from the requirement to use the percentage of completion method of accounting.
Bill· HRH.R. 3653 (115th)referred
United States · United States Congress · 15 August 2017
Making Your Retirement Accessible Act or the MyRA Act This bill amends the Internal Revenue Code to establish an employee retirement option known as a MyRA account. A MyRA account functions as a Roth Individual Retirement Account. An employee who elects to establish a MyRA account may contribute any portion of a tax refund or make automatic payroll contributions to the account. The funding of MyRA accounts is limited to retirement savings bonds issued by the Department of the Treasury with a specified interest rate and maturity date. The bill imposes a tax on any employer who fails to comply with the requirement for making direct deposits to a MyRA account of wages designated by an employee.
Bill· HRH.R. 3652 (115th)referred
United States · United States Congress · 11 August 2017
This bill amends the Internal Revenue Code to repeal the termination date for the work opportunity tax credit, thus making such credit permanent.
Bill· HRH.R. 3648 (115th)referred
United States · United States Congress · 11 August 2017
Vested Employee Pension Benefit Protection Act This bill amends the Internal Revenue Code to allow employees in the building and construction industry to make distributions from their tax-exempt multi-employer pension plan at age 55 if: (1) they are not separated from employment at the time of such distributions, (2) they were participants in such plan on or before April 30, 2013, and (3) the plan provides for payment of separate accrued benefits when the employee attains the plan's normal retirement age. The bill suspends payment of distributions for such building and construction industry employees if their multi-employer plan is in endangered or critical status.
Bill· HRH.R. 3647 (115th)referred
United States · United States Congress · 8 August 2017
Save America Comprehensive Immigration Act of 2017 This bill amends the Immigration and Nationality Act to provide increased protections and eligibility for family-sponsored immigrants. The bill establishes: (1) the Board of Family-based Visa Appeals, and (2) the Task Force to Rescue Immigrant Victims of American Sex Offenders. The bill sets forth provisions regarding: (1) the Border Patrol and other law enforcement officers, including regarding personnel increases; (2) status adjustment, including an adjustment for Haitians; (3) sex offenders; (4) unfair immigration-related employment practices; (5) removal proceedings, including for removal based om criminal offenses; (6) asylee and refugee proceedings; and (7) naturalization. The Anti-Smuggling Unit within the Border Patrol is reestablished. The worldwide level of diversity immigrants is increased. Gender-based persecution is established as a grounds for refugee status. Adjustment to permanent resident is provided for certain temporary protected status persons. The bill authorizes S (witness or informant) nonimmigrant status for aliens in possession of critical reliable information concerning commercial alien smuggling or trafficking in immigration documents. The definition of "law enforcement officer" under provisions of the Federal Employees Retirement System and the Civil Service Retirement System is amended to include: (1) federal employees not otherwise covered by such term whose duties include the investigation or apprehension of suspected or convicted individuals and who are authorized to carry a firearm, and (2) Internal Revenue Service employees whose duties are primarily the collection of delinquent taxes and the securing of delinquent returns. The bill repeals: (1) provisions prohibiting government entities and officials from preventing communications with federal immigration authorities, and (2) authority permitting state personnel to carry out immigration officer functions. The fashion model H-1B visa is replaced with an O-visa.
Bill· HRH.R. 3641 (115th)referred
United States · United States Congress · 4 August 2017
Free File Permanence Act of 2017 This bill requires the Department of the Treasury to continue to operate the Internal Revenue Service (IRS) Free File Program. The program must work with state government agencies to enhance and expand the use of the program, while continuing to: provide free commercial-type online individual income tax preparation and electronic filing services to the lowest 70% of taxpayers by income; provide all taxpayers (regardless of income) with a basic, online electronic fillable forms utility; and work with the private sector to provide the free tax preparation and electronic filing services. Treasury must work with the private sector through the program to identify and implement innovative new program features to improve and simplify the taxpayer's experience with completing and filing individual income tax returns. The IRS and members of the tax software and electronic industry involved in the program must support and promote improvements within the program by mutually testing, piloting, and offering innovative solutions to: simplify the tax system, reduce compliance and reporting burdens, increase tax return accuracy through financial data authentication, strengthen the tax system against fraud through cybersecurity collaboration, avoid duplication, and maximize the use of electronic technology. The Electronic Tax Administration Advisory Committee must report annually to Congress regarding the program, including website statistics, cybersecurity standards, demographic information, marketing and education efforts, simplifications and innovations, and state and local participation.
Bill· SS. 1750 (115th)referred
United States · United States Congress · 3 August 2017
American Job Protection Act This bill amends the Internal Revenue Code to repeal the requirement for certain large employers to offer full-time employees and their dependents minimum essential health insurance coverage under an employer-sponsored health plan (commonly referred to as the employer mandate) and related reporting requirements regarding employer-provided health insurance coverage.
Bill· SS. 1749 (115th)referred
United States · United States Congress · 3 August 2017
American Liberty Restoration Act This bill amends the Internal Revenue Code to repeal the requirement for individuals to be covered by a health insurance plan that provides at least minimum essential coverage (commonly referred to as the individual mandate) and related reporting requirements regarding health insurance coverage.
Bill· SS. 1746 (115th)referred
United States · United States Congress · 3 August 2017
CBO Show Your Work Act This bill amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO) to make available to Congress and the public each fiscal model, policy model, and data preparation routine that the CBO uses to estimate the costs and other fiscal, social, or economic effects of legislation. For each estimate of the costs and other fiscal effects of legislation, the CBO must also disclose, in a manner sufficient to permit replication by individuals not employed by the CBO, the data, programs, models, assumptions, and other details of the computations used to prepare the estimate. For data that may not be disclosed, the CBO must make available to Congress and the public: a complete list of all data variables for the data; descriptive statistics for all data variables for the data, to the extent that the descriptive statistics do not violate the rule against disclosure; a reference to the statute requiring that the data not be disclosed; and contact information for the individual or entity who has unrestricted access to the data.
Bill· SS. 1743 (115th)referred
United States · United States Congress · 3 August 2017
Coal Community Empowerment Act of 2017 This bill amends the Internal Revenue Code to authorize tax incentives and grants for areas impacted by employment in coal mines. Coal Community Zones are counties that either: (1) lost at least 50 coal mining jobs from 2011-2015 out of a total of not more than 20,000 employed workers in 2011, or (2) had at least 5% of their employment in coal mining on average from 2011-2015. For taxpayers located in or investing in the zones, the bill allows: additional tax-exempt bonds, an employment tax credit for hiring individuals in the zones, additional expensing for business property, a deduction for building or revitalizing a commercial building, the elimination of capital gains taxes on certain gains that are invested in zones, and additional new markets tax credits to finance projects in the zones. The Department of Labor and the Department of Education must jointly establish grant programs for: individual support accounts to fund education and training costs that will prepare individuals in zones for long-term, high-wage employment; the development, revamping, improvement, or expansion of education and training programs for zones in in-demand industry sectors or occupations or industries in local demand; and programs for businesses to provide in-house training and future employment to individuals in zones.
Bill· SS. 1724 (115th)referred
United States · United States Congress · 2 August 2017
Healthy Food Access for All Americans Act This bill amends the Internal Revenue Code to allow tax credits and grants for activities that provide access to healthy food in food deserts. A food desert must be more than 1 mile away from a grocery store in a metropolitan area or more than 10 miles away outside of a metropolitan area. It must also meet population requirements and have either a poverty rate of at least 20% or a median family income that does not exceed 80% of the median for the state or metropolitan area. For entities that are certified by the Department of the Treasury as special access food providers using specified criteria, the bill allows tax credits for operating a new grocery store or renovating an existing grocery store in a food desert. The bill also authorizes grants for a portion of: (1) the construction costs of building a permanent food bank in a food desert, and (2) the annual operating costs of temporary access merchants (mobile markets, farmers markets, and food banks). Treasury, in coordination with the Department of Agriculture (USDA), must annually allocate the tax credits and grants to special access food providers. Grants authorized by this bill are not considered gross income for tax purposes. The bill also amends the Department of Agriculture Reorganization Act of 1994 to require USDA to update the Food Access Research Atlas at least annually to account for food retailers that are placed in service during that year.
Bill· SS. 1716 (115th)referred
United States · United States Congress · 2 August 2017
Strong Families Act This bill amends the Internal Revenue Code to: (1) allow certain employers a business-related tax credit for a specified percentage (not to exceed 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, (2) limit the allowable amount of such credit with respect to any employee to the product of the normal hourly wage rate of such employee for each hour (or fraction thereof) of actual services performed for the employer and the number of hours (or fraction thereof) for which family and medical leave is taken, and (3) terminate such credit five years after the enactment of this bill. The Government Accountability Office shall complete a study on the effectiveness of the tax credit for paid family and medical leave.
Bill· SS. 1715 (115th)referred
United States · United States Congress · 2 August 2017
Equal Dignity for Married Taxpayers Act of 201 7 This bill amends the Internal Revenue Code to change provisions that refer to married couples to make such provisions equally applicable to legally married same sex couples.
Bill· SS. 1710 (115th)referred
United States · United States Congress · 2 August 2017
Close Big Oil Tax Loopholes Act This bill amends the Internal Revenue Code to limit or repeal certain tax benefits for major integrated oil companies (certain companies with annual gross receipts over $1 billion and an average daily worldwide production of crude oil of at least 500,000 barrels), including: (1) the foreign tax credit for companies that are dual capacity taxpayers; (2) the tax deduction for income attributable to the production, refining, processing, transportation, or distribution of oil, natural gas, or primary products thereof; (3) the tax deduction for intangible drilling and development costs; (4) the percentage depletion allowance for oil and gas wells; and (5) the tax deduction for qualified tertiary injectant expenses. The bill modifies the definition of "major integrated oil company" to include certain successors in interest that control more than 50% of the crude oil production or natural gas production of the company. The bill also amends the Energy Policy Act of 2005 to repeal royalty relief (suspension of royalties) for: (1) natural gas production from deep wells in shallow waters of the Gulf of Mexico; and (2) deep water oil and gas production in the Western and Central Planning Area of the Gulf (including the portion of the Eastern Planning Area encompassing whole lease blocks lying west of 87 degrees, 30 minutes west longitude). Any net savings that occur as a result of this bill must be used for reducing the federal budget deficit or the federal debt.
Bill· SS. 1705 (115th)referred
United States · United States Congress · 2 August 2017
Forest Service Flexible Partnerships Act of 2017 This bill authorizes the Department of Agriculture (USDA) to lease as an administrative site, for consideration that is at least the market value of the site: any facility or improvement that was acquired or is used for the administration of the National Forest System (NFS); any federal land associated with such a facility or improvement that was acquired or is used for the administration of Forest Service activities and underlies or abuts such facility or improvement; or per fiscal year, no more than 10 isolated, undeveloped parcels no larger than 40 acres each. The bill makes the National Environmental Policy Act of 1969 applicable to the leasing of administrative sites, subject to an exception. Cash consideration for an administrative site shall be available to USDA to pay: necessary and incidental costs incurred in acquiring, improving, maintaining, reconstructing, or constructing a facility or improvement for the NFS and the lease of such site; and reasonable commissions or fees for brokerage services obtained regarding the lease.
Bill· HRH.R. 3633 (115th)referred
United States · United States Congress · 1 August 2017
CEO Accountability and Responsibility Act This bill amends the Internal Revenue Code to: (1) increase the corporate income tax rate for publicly traded corporations that pay their chief executive officers or highest paid employees more than 100 times the median compensation of all their U.S. employees, and (2) decrease the rate for publicly traded corporations that pay their chief executive officers or highest paid employees less than 50 times the median compensation of all their U.S. employees.
Bill· SS. 1699 (115th)referred
United States · United States Congress · 1 August 2017
United States-Cuba Trade Act of 2017 This bill repeals the embargo on trade with Cuba. The bill: (1) makes ineffective certain prohibitions on exports to Cuba; (2) extends nondiscriminatory treatment (normal trade relations) to Cuban products; (3) prohibits regulation or banning of travel to and from Cuba by U.S. citizens or residents or of any transactions incident to travel; and (4) repeals the President's authority to continue direct restrictions on trade with Cuba. The President shall: (1) conduct negotiations with Cuba on settling claims of U.S. nationals for the taking of property by the Cuban government, and (2) engage in bilateral dialogue with Cuba on securing the protection of internationally recognized human rights. The President may establish specified export controls and trade restrictions with respect to Cuba. The President may impose export controls and exercise certain emergency economic authorities with respect to Cuba only if there is an unusual threat to U.S. national security. The bill repeals: (1) the Cuban Democracy Act of 1992; (2) the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996; (3) the prohibition against allocation of the annual sugar quota to a country unless such country verifies that it does not import Cuban sugar for reexport to the United States; (4) the prohibition on transactions or payments respecting certain U.S. intellectual property; and (5) restrictions on assistance to any independent state of the former Soviet Union that engages in trade with, or provides other support to, Cuba. Cuba is removed from the list of state sponsors of terrorism, subject to agricultural and medical export restrictions. Common carriers may provide telecommunications services, including installations and repairs, between the United States and Cuba. The Department of the Treasury may not limit the amount of remittances to Cuba that may be made by any person subject to U.S. jurisdiction. The Internal Revenue Code is amended to require the President to report to Congress on a country's status prior to the denial of foreign tax credits for certain foreign countries.
Bill· SS. 1698 (115th)referred
United States · United States Congress · 1 August 2017
Settlement Trust Improvement Act of 2017 This bill amends the Internal Revenue Code, with respect to the tax treatment of Alaska Native Settlement Trusts, to: (1) allow an Alaska Native Corporation to assign certain payments referenced in the Alaska Native Claims Settlement Act to a trust without including the payments in the gross income of the corporation, (2) allow the corporation to elect annually to deduct contributions made to a trust, (3) allow a trust to elect to defer the recognition of gains related to contributions of property other than cash until the sale or exchange of the property, and (4) establish information reporting requirements for deductible contributions to a trust.
Bill· SS. 1674 (115th)referred
United States · United States Congress · 31 July 2017
Rebuild America's Schools Act of 2017 This bill authorizes additional grant funding and tax-favored bonds to be used for the repair, renovation, and construction of public elementary and secondary schools.
Bill· SS. 1673 (115th)referred
United States · United States Congress · 31 July 2017
Pay What You Owe Before You Go Act This bill amends the Internal Revenue Code to require the recapture in subpart F income (i.e., income of a controlled foreign corporation earned outside the United States which is not tax deferred) of the accumulated deferred foreign income of such corporation (i.e., the undistributed earnings of the controlled foreign corporation over its undistributed U.S. earnings) for its last taxable year.
Bill· SS. 1672 (115th)referred
United States · United States Congress · 31 July 2017
Incentivizing Offshore Wind Power Act This bill amends the Internal Revenue Code to: (1) allow a 30% tax credit for investment in a qualifying offshore wind facility (an offshore facility using wind to produce electricity), and (2) direct the Department of the Treasury to establish a qualifying credit for offshore wind facilities program to consider and award certifications for investments eligible for such a credit to qualifying offshore wind facility sponsors. The total amount of megawatt capacity for offshore facilities with respect to which credits may be allocated under the program may not exceed 3,000 megawatts. The bill requires Treasury to review credits allocated under this bill periodically and authorizes Treasury to make additional allocations and reallocations of such credits upon determining that: (1) the limit on the total amount of megawatt capacity for offshore facilities with respect to which credits may be allocated under the program has not been attained, or (2) scheduled placed-in-service dates of previously certified facilities have been significantly delayed and the applicant for certification will not meet the required timeline.
Bill· HRH.R. 3632 (115th)referred
United States · United States Congress · 28 July 2017
Promoting Affordable Childcare for Everyone Act or the PACE Act This bill amends the Internal Revenue Code, with respect to the tax credit for expenses for household and dependent care services necessary for gainful employment (known as the Child and Dependent Care Tax Credit), to: (1) make the credit refundable, (2) increase the rate for the credit, and (3) require the dollar amounts for such credit to be adjusted for inflation after 2017. The bill also increases the amount of employer-provided dependent care assistance which may be excluded from the gross income of an employee and requires the increased exclusion amount to be adjusted for inflation after 2018.
Bill· HRH.R. 3630 (115th)referred
United States · United States Congress · 28 July 2017
Student Loan Borrowers' Bill of Rights Act of 2017 This bill allows educational loans to be discharged in bankruptcy cases. In addition, the bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to reinstate the six-year statute of limitations for certain student loans. The bill prohibits the collection of amounts individuals owe the Department of Education (ED) under title IV through: (1) offsets of Social Security, railroad retirement, or black lung benefits; (2) offsets of tax refunds; or (3) wage garnishment. The bill amends the Internal Revenue Code to (1) exclude discharged student loan debt from an individual's gross income, and (2) allow distributions from qualified tuition programs (known as 529 plans) to be used for student loan payments. Parents with certain PLUS loans made on behalf of dependent students are now eligible for income-based repayment plans. The bill prohibits: (1) evidence of an individual's default on a loan made, insured, or guaranteed under title IV from being used in a federal or state proceeding involving the individual's professional or vocational license; or (2) institutions of higher education from blocking students' access to their student records due to loan default. ED must cancel 50% of the balance of the interest and principal due on direct loans that are not in default for borrowers who are employed in a public service job for five years during repayment and make 60 monthly payments on such loans after October 1, 2017.
Bill· HRH.R. 3628 (115th)referred
United States · United States Congress · 28 July 2017
Leveraging and Energizing America's Apprenticeship Programs Act or the LEAP Act This bill amends the Internal Revenue Code to allow employers a business-related tax credit of $1,500 for hiring an apprenticeship employee who has not attained age 25 at the close of the taxable year or $1,000 for hiring an apprenticeship employee who has attained age 25. The credit is available for no more than two taxable years with respect to any apprenticeship employee. An "apprenticeship employee" means any employee who is: (1) a party to an apprenticeship agreement registered with the Office of Apprenticeship of the Employment and Training Administration of the Department of Labor or a recognized state apprenticeship agency; and (2) employed by the employer in the occupation identified in the apprenticeship agreement, whether or not the employer is a party to such agreement.
Bill· HRH.R. 3620 (115th)referred
United States · United States Congress · 28 July 2017
Affordable Coverage for More Americans Act of 2017 This bill amends the Internal Revenue Code, with respect to the health care premium assistance refundable tax credit, to: (1) expand eligibility for the credit by defining an "applicable taxpayer" as a taxpayer whose household income for the year does not exceed 600% of the federal poverty line (currently 400%), (2) specify the applicable premium percentages for the credit for taxpayers with incomes that are from 400% to 600% of the federal poverty line, and (3) specify the dollar limitations for the recapture of excess advance payments of the credit from such taxpayers.
Bill· HRH.R. 3619 (115th)referred
United States · United States Congress · 28 July 2017
Increasing American Jobs and Exports Act This bill amends the Export-Import Bank Act of 1945 to authorize the Export-Import Bank of the United States, subject to appropriations, to use up to 3% of the bank's surplus, for each of the five fiscal years following enactment of this Act, to cover its administrative expenses. The bank shall use at least one-third of that 3% of surplus to expand or establish bank regional offices.
Bill· HRH.R. 3603 (115th)referred
United States · United States Congress · 28 July 2017
Stop Corporate Earnings Stripping Act of 201 7 This bill amends the Internal Revenue Code to limit the tax deduction available to certain foreign-controlled U.S. multinational corporations for excess interest on debt incurred by such corporations (i.e., earnings stripping) by: (1) repealing the debt-to-equity ratio threshold required for such deduction, (2) reducing the permitted net interest expense threshold from 50% to 25% of the corporation's adjusted taxable income, (3) repealing the excess limitation carryforward, and (4) limiting to five years the carryforward of disallowed interest expenses with respect to amounts paid or incurred before, on, or after the date of enactment of this bill.
Bill· HRH.R. 3582 (115th)referred
United States · United States Congress · 28 July 2017
Recognizing the Environmental Gains In Overcoming Negligence Act or the REGION Act This bill prohibits funds made available for any fiscal year from being used to close, consolidate, or eliminate an office of the Environmental Protection Agency, including a regional or program office.
Bill· HRH.R. 3537 (115th)referred
United States · United States Congress · 28 July 2017
We the People Act of 2017 This bill amends various provisions related to elections, including by: expanding and otherwise revising various disclosure and reporting requirements related to campaign communications; imposing penalties for willfully violating limits related to campaign contributions for coordinated expenditures; revising notification requirements for campaign contributions of $1,000 or more from any contributor during a calendar year; replacing the Federal Election Commission with the Federal Election Administration, which shall enforce specified election-related laws and formulate related policies; imposing restrictions on covered financial-services regulators, such as by prohibiting them from using their position to influence any matter that provides a direct and substantial pecuniary benefit to certain former employers or clients; requiring the President and Vice President to disclose financial interests, including tax returns, to Congress and the Office of Government Ethics; modifying the system for the public financing of presidential elections, including by providing for 600% matching funds for smaller campaign contributions and requiring a candidate who accepts public financing to agree not to accept certain bundled contributions; requiring each state to conduct redistricting through a plan developed by an independent commission or, if such a commission plan is not enacted, a plan selected by the state's highest court or developed by a U.S. district court; and directing states to permit same-day voter registration.
Resolution· HCONRESH.Con.Res. 75 (115th)referred
United States · United States Congress · 28 July 2017
Expresses the sense of Congress regarding: elimination of homelessness by 2020; expanded funding for the low-income rental housing assistance program, the Community Development Block Grant program, the HOME Investment Partnerships program, the McKinney-Vento homeless assistance program, and the Low-Income Housing Tax Credit program; substantial additional funding to the National Housing Trust Fund; increased funding for job training and related programs; a federal "housing first" policy linking housing with supportive services for persons with special needs; and permanent housing connected to employment, transportation, and job training programs for American families and individuals.
Bill· HRH.R. 3595 (115th)referred
United States · United States Congress · 28 July 2017
Strong Families Act This bill amends the Internal Revenue Code to: (1) allow certain employers a business-related tax credit for a specified percentage (not to exceed 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, (2) limit the allowable amount of such credit with respect to any employee to the product of the normal hourly wage rate of such employee for each hour (or fraction thereof) of actual services performed for the employer and the number of hours (or fraction thereof) for which family and medical leave is taken, and (3) terminate such credit five years after the enactment of this bill. The Government Accountability Office shall complete a study on the effectiveness of the tax credit for paid family and medical leave.
Bill· HRH.R. 3584 (115th)referred
United States · United States Congress · 28 July 2017
This bill amends the Internal Revenue Code, with respect to empowerment zones, to: (1) extend the termination date for empowerment zone designations to December 31, 2020, and (2) allow nominations for existing zones to be amended to provide for the new termination date. (Empowerment zones are federally designated geographic areas where certain federal tax incentives and grants are allowed to increase investment and employment.) The bill also extends the $400 million annual limitation for qualified zone academy bonds to 2018, 2019, and 2020. (Under current law, the limit is zero after 2016 unless provisions permitting the carryover of unused limitation apply.)