Taxation

To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders.

United States · United States Congress · 23 July 2020

This bill excludes from gross income, for income tax purposes, gains from distributions of intangible property by controlled foreign corporations to U.S. domestic corporations. The bill defines intangible property to include patents, copyrights, licenses, formulas, computer software, and similar items with substantial value.

Building Businesses Back Act of 2020

United States · United States Congress · 23 July 2020

Building Businesses Back Act of 2020 This bill allows taxpayers an election to increase the amount of their general business tax credit for taxable years ending in 2019 or 2020.

ENCORES Act

United States · United States Congress · 23 July 2020

Entertainments New Credit Opportunity for Relief & Economic Sustainability Act or the ENCORES Act This bill allows certain businesses and tax-exempt entities that conduct live events for which tickets are sold to the general public a tax credit for 50% of any refund made during the period beginning on January 31, 2020, and ending on the enactment date of this bill. The bill defines live event as any live concert, comedy show, sporting event, or theatrical production for which tickets were made available to the general public not less than six weeks prior to the event. The credit does not apply to an entity engaged in professional football, basketball, baseball, or other professional sport. The ticket refund paid by the entity to a ticket purchaser for a live event includes events cancelled or postponed due to the COVID-19 (i.e., the coronavirus disease 2019) pandemic

INFORM Consumers Act

United States · United States Congress · 23 July 2020

Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act or the INFORM Consumers Act This bill requires online marketplaces to collect, verify, and disclose certain information from high-volume, third-party sellers. High-volume, third-party sellers include online marketplace participants that conduct 200 or more transactions resulting in total revenues of $5,000 or more during a continuous 12-month period. Online marketplaces must acquire these sellers' (1) bank account numbers, (2) government-issued identification, (3) tax identification numbers, and (4) contact information. Online marketplaces must verify this information and annually certify changes to it. Further, online marketplaces must make certain information (e.g., sellers' names and contact information) available to consumers through the sellers' product listings and provide consumers with methods to report electronically and by telephone any suspicious activity on the marketplace. The bill provides the Federal Trade Commission with the authority to enforce these requirements.

Building Businesses Back Act of 2020

United States · United States Congress · 23 July 2020

Building Businesses Back Act of 2020 This bill allows taxpayers an election to increase the amount of their general business tax credit for taxable years ending in 2019 or 2020.

AMORE Act

United States · United States Congress · 23 July 2020

Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act or the AMORE Act This bill allows a participant in a tax-preferred pension plan or individual retirement plan to make additional contributions to such plans for any taxable year beginning in 2021 or 2022 in an amount not exceeding the participant's unused 2020 contribution amount.

RETAIN Act

United States · United States Congress · 23 July 2020

Retaining Educators Takes Added Investment Now Act or the RETAIN Act This bill allows a refundable tax credit for the employment of early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services providers that is based upon the number of school years for which such individuals have been continuously employed.

Special Districts Provide Essential Services Act

United States · United States Congress · 23 July 2020

Special Districts Provide Essential Services Act This bill makes special districts eligible for the Coronavirus Relief Fund and the Municipal Liquidity Facility program. Specifically, the bill makes special districts eligible for payments from amounts paid to states from any new appropriations to the fund. A special district must submit a request for payment to the state with information demonstrating that the special district has experienced or is likely to experience during the COVID-19 (i.e., coronavirus disease 2019) emergency reduced revenue or operational funding derived from provided services, taxes, fees, or other sources of revenue; reduced indirect funding from the federal government, the state, or a unit of general government below the state level; or as a result of the COVID-19 emergency, increased expenditures necessary to continue operations. The Board of Governors of the Federal Reserve System shall include special districts as eligible issuers in the Municipal Liquidity Facility program, which was created in response to the COVID-19 emergency to buy municipal securities.

Providing for consideration of the bill (H.R. 7608) making appropriations for the Department of State, foreign operations, and related programs for the fiscal year ending September 30, 2021, and for other purposes.

United States · United States Congress · 22 July 2020

Sets forth the rule for consideration of the bill (H.R. 7608) making appropriations for the Department of State, foreign operations, and related programs for the fiscal year ending September 30, 2021.

FLEX Act

United States · United States Congress · 22 July 2020

Farm Labor Expansion Act of 2020 or the FLEX Act This bill allows farmers a new tax credit for 40% of the first-year wages paid to eligible replacement workers. The bill defines an eligible replacement worker as any individual who began a period of unemployment after March 27, 2020, and was receiving unemployment compensation during such period, and performs for the employer substantially the same job functions as temporary agricultural workers. The bill limits the amount of wages taken into account for any employee for purposes of the credit to $25,000 for all taxable years and terminates the credit two years after the enactment of this bill.

A bill to amend the CARES Act to ensure that the temporary relief from CECL standards does not terminate in the middle of a company's fiscal year.

United States · United States Congress · 22 July 2020

This bill modifies the delay for required compliance with certain accounting standards applicable to credit losses (i.e., current expected credit losses standards, also known as CECL standards) as applied to insured depository institutions and bank holding companies. Specifically, required compliance with this standard is delayed through the first day of an institution's fiscal year beginning after the end of the emergency declaration regarding the COVID-19 (i.e., coronavirus disease 2019) outbreak. Currently, this delay ends the earlier of the date on which the emergency declaration terminates, or December 31, 2020.

U.S. MADE Act of 2020

United States · United States Congress · 22 July 2020

United States Manufacturing Availability of Domestic Equipment Act or the U.S. MADE Act of 2020 This bill prohibits the use of funds in the Strategic National Stockpile for the procurement of certain items unless they are grown, reprocessed, reused, or produced in the United States. Such items include personal protective equipment, including protective masks and gowns, sanitizing and disinfecting wipes, privacy curtains and coverings, or other textile medical supplies and equipment. The bill also allows a new 30% investment tax credit for qualifying medical personal protective equipment manufacturing projects. The term qualifying medical personal protective equipment manufacturing project is a project which reequips, expands, establishes or continues existing production of drugs, vaccines, and medical equipment for the emergency health security of the United States

Employer Assistance Coordination Act

United States · United States Congress · 22 July 2020

Employer Assistance Coordination Act This bill permits certain small employers who participate in the Payroll Protection Program established to assist such employers adversely affected by the COVID-19 (i.e., coronavirus disease 2019) public health emergency to also claim the refundable employee retention tax credit if their businesses have experienced a significant reduction in revenue or have closed pursuant to a government order. The bill prohibits employers from using funds from both programs based upon the same wages paid to their employees.

School Choice Now Act

United States · United States Congress · 22 July 2020

School Choice Now Act This bill allows the Department of Education (ED) to establish an emergency education freedom grant program to assistance families with education expenses and prevent closures of private schools. It also allows tax credits for contributions to scholarship-granting organizations that provide assistance to families for private school tuition and home-schooling expenses. The Department of the Treasury, in coordination with ED, must establish, host, and maintain a web portal that lists all eligible scholarship-granting programs and provides other specified information.

STATE, FOREIGN OPERATIONS, AND RELATED PROGRAMS APPROPRIATIONS FOR FISCAL YEAR 2021

United States · United States Senate · 21 July 2020

To amend the Internal Revenue Code of 1986 to reduce the floor on the deduction for medical expenses.

United States · United States Congress · 21 July 2020

This bill makes permanent the reduction in the adjusted gross income (AGI) threshold that must be exceeded before a taxpayer may claim a deduction amount for medical expenses. The reduction is from 10% to 7.5% of AGI and 5% in any taxable year beginnning in 2020 or 2021.

Addiction Prevention and Responsible Opioid Practices Act

United States · United States Congress · 21 July 2020

Addiction Prevention and Responsible Opioid Practices Act This bill addresses substance use and mental health related to opiods, including by imposing an excise tax on opioids; modifying controlled substances regulations, prescription drug monitoring programs (PDMPs), and health insurance coverage; and requiring other activities. Specifically, the bill (1) establishes federal licensure requirements for pharmaceutical representatives who market opioids, (2) requires certain training and PDMP participation as conditions for controlled substance registration, and (3) withdraws regulatory approval for opioids with ultra-high doses. In addition, as a condition for receiving certain grants, recipients must, for example, mandate the use of PDMPs in specified ways and increase data-sharing. Additionally, to meet certain certification standards, health information technology must be interoperable with PDMPs. Additionally, the Centers for Medicare & Medicaid Services (CMS) must reimburse mental health services provided through telehealth under Medicare and develop a web-based tool to compare opioid prescribing in state Medicaid programs. The bill also creates grants to support compliance with requirements to provide parity in insurance coverage for mental health and substance use disorder services. The Government Accountability Office must study health care coverage and reimbursements for substance use disorder treatments. Furthermore, the Department of Health and Human Services and the CMS must develop quality measures and guidelines for treatment of non-fatal overdoses, and the Department of Justice must operate a drug take-back program. The National Academies of Sciences, Engineering, and Medicine and medical and dental schools must also report on Medicare coverage of non-opioid treatment for back pain and educational courses on pain management and opioid prescribing practices, respectively.

PLUS Act of 2020

United States · United States Congress · 21 July 2020

Providing Liquidity for Uncollectible Sales Act of 2020 or as the PLUS Act of 2020 This bill allows a new tax credit for the uncollectible accounts receivable of an eligible wholesale distributor. The bill defines an eligible wholesale distributor as any person engaged in the trade or business of selling inventory to a food and beverage establishment that ceases to provide on-premises consumption of food and beverage on or after March 25, 2020, pursuant to an order or recommendation of an applicable governmental authority.

Stopping Payments to the Deceased Act

United States · United States Congress · 21 July 2020

Stopping Payments to the Deceased Act This bill requires the Department of the Treasury to ensure that Social Security death records are integrated into databases used by Treasury to verify taxpayer eligibility for payments, including tax refunds.

Addiction Prevention and Responsible Opioid Practices Act

United States · United States Congress · 21 July 2020

Addiction Prevention and Responsible Opioid Practices Act This bill addresses substance use and mental health related to opiods, including by imposing an excise tax on opioids; modifying controlled substances regulations, prescription drug monitoring programs (PDMPs), and health insurance coverage; and requiring other activities. Specifically, the bill (1) establishes federal licensure requirements for pharmaceutical representatives who market opioids, (2) requires certain training and PDMP participation as conditions for controlled substance registration, and (3) withdraws regulatory approval for opioids with ultra-high doses. In addition, as a condition for receiving certain grants, recipients must, for example, mandate the use of PDMPs in specified ways and increase data-sharing. Additionally, to meet certain certification standards, health information technology must be interoperable with PDMPs. Additionally, the Centers for Medicare & Medicaid Services (CMS) must reimburse mental health services provided through telehealth under Medicare and develop a web-based tool to compare opioid prescribing in state Medicaid programs. The bill also creates grants to support compliance with requirements to provide parity in insurance coverage for mental health and substance use disorder services. The Government Accountability Office must study health care coverage and reimbursements for substance use disorder treatments. Furthermore, the Department of Health and Human Services and the CMS must develop quality measures and guidelines for treatment of non-fatal overdoses, and the Department of Justice must operate a drug take-back program. The National Academies of Sciences, Engineering, and Medicine and medical and dental schools must also report on Medicare coverage of non-opioid treatment for back pain and educational courses on pain management and opioid prescribing practices, respectively.

Sudan Democratic Transition, Accountability, and Fiscal Transparency Act of 2020

United States · United States Congress · 20 July 2020

Sudan Democratic Transition, Accountability, and Fiscal Transparency Act of 2020 This bill requires the Department of State to submit a strategy outlining U.S. support for a transition to civilian-led government in Sudan, and it authorizes certain measures to support and assist such a political transition. Specifically, the bill requires the State Department to submit a strategy that includes (1) an articulation of specific U.S. objectives for the political transition in Sudan and a plan to achieve such objectives; (2) an assessment of reforms necessary to promote human rights, essential freedoms, and accountability, as well as a description of efforts to address such reforms; and (3) an assessment of security sector reforms by the Sudanese government, such as demobilizing militias and fostering civilian control of the armed forces. The bill also authorizes the President to provide certain support for (1) democratic governance, rule of law, human rights, and fundamental freedoms; (2) programs to advance economic growth, private-sector productivity, and market-based solutions to development challenges; (3) conflict mitigation strategies to support long-term peace, stability and oversight of Sudanese security and intelligence services; and (4) accountability for war crimes, crimes against humanity, and genocide. The President must impose sanctions on individuals who the President determines are committing human rights abuses, exploiting natural resources, or undermining the political transition in Sudan. Upon certification that Sudan has taken steps to improve fiscal transparency, the Department of the Treasury and the State Department must engage with international financial institutions to restructure, reschedule, or cancel the sovereign debt of Sudan. During the transitional period in Sudan, Treasury may also support the use of certain funds to respond to the COVID-19 (i.e., coronavirus disease 2019) outbreak in Sudan.

Directing the Clerk of the House of Representatives to make corrections in the engrossment of H.R. 6395.

United States · United States Congress · 20 July 2020

This resolution directs the Clerk of the House of Representatives to make a correction in the engrossment of H.R. 6395 (William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021) to change the title of the division relating to Department of State authorities and activities to the Eliot L. Engel Department of State Authorization Act of 2020.

Providing for consideration of the bill (H.R. 6395) to authorize appropriations for fiscal year 2021 for military activities of the Department of Defense and for military construction, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (H.R. 7027) making additional supplemental appropriations for disaster relief requirements for the fiscal year ending September 30, 2020, and for other purposes; providing for consideration of the bill (H.R. 7327) making additional supplemental appropriations for disaster relief requirements for the fiscal year ending September 30, 2020, and for other purposes; and providing for consideration of the Senate amendments to the bill (H.R. 1957) to amend the Internal Revenue Code of 1986 to modernize and improve the Internal Revenue Service, and for other purposes.

United States · United States Congress · 20 July 2020

Sets forth the rule for consideration of the bill (H.R. 6395) to authorize appropriations for fiscal year 2021 for military activities of the Department of Defense and for military construction, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (H.R. 7027) making additional supplemental appropriations for disaster relief requirements for the fiscal year ending September 30, 2020, and for other purposes; providing for consideration of the bill (H.R. 7327) making additional supplemental appropriations for disaster relief requirements for the fiscal year ending September 30, 2020, and for other purposes; and providing for consideration of the Senate amendments to the bill (H.R. 1957) to amend the Internal Revenue Code of 1986 to modernize and improve the Internal Revenue Service.

Small Business Comeback Act

United States · United States Congress · 20 July 2020

Small Business Comeback Act This bill establishes a recovery compensation program whereby the Department of the Treasury shall authorize specified payments to certain small businesses to support their recovery from the COVID-19 (i.e., coronavirus disease 2019) pandemic. Treasury must appoint a Special Administrator to oversee the recovery compensation program, and the administrator must develop an application form that is simple to file and audit that applicants shall use when seeking recovery compensation. The maximum amount of recovery compensation an applicant may receive shall be the lesser of their average payment for total monthly expenses or $50 million. Among other requirements, an eligible entity must (1) be in an impaired sector as defined by the administrator; (2) have significant operations in, and a majority of its employees based in, the United States; and (3) continue to pay salaries or wages to employees who tested positive for COVID-19 or were exposed to COVID-19 in the workplace. Allowable uses of recovery compensation include (1) payroll costs; (2) costs related to the continuation of group health care benefits; (3) insurance premiums; (4) paycheck protection loan and economic injury disaster loan repayment obligations; and (5) federal, state, and local tax obligations. The bill also establishes the Special Inspector General for COVID-19 Recovery Funds, who shall conduct, supervise, and coordinate audits and investigations of the payment of recovery compensation. The bill further establishes the Congressional Oversight Board, which shall oversee the implementation of the recovery compensation program.

A bill to provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.

United States · United States Congress · 20 July 2020

This bill allows employers a 50% payroll tax credit for the cost of qualified employee protection expenses and qualified workplace reconfiguration expenses paid in a calendar quarter. The bill defines qualified employee protection expenses as the cost of testing employees for COVID-19 (i.e., coronavirus disease 2019), equipment to protect employees from COVID-19, and cleaning products or services for preventing the spread of COVID-19; and qualified workplace reconfiguration expenses as amounts paid to design and reconfigure retail space, work areas, break areas, or other employee or customer areas for the primary purpose of preventing the spread of COVID-19 and such design and reconfiguration is completed pursuant to a plan in place before March 13, 2020, and completed before January 1, 2021.

Financial Relief Noting The Large Impact Of Our Nation’s Essential Employees (FRNT LINE) Act

United States · United States Congress · 20 July 2020

Financial Relief Noting The Large Impact Of Our Nation's Essential Employees (FRNT LINE) Act This bill excludes from gross income wages of certain front-line employees during the COVID-19 (i.e., coronavirus disease 2019) emergency period (the period beginning on April 1, 2020, and ending on the earlier of the last day of the first month in which the COVID-19 emergency is no longer in effect, or December 31, 2020). The bill also suspends payment of payroll taxes during the emergency period for employees earning $50,000 or less. .

Hong Kong People's Freedom and Choice Act

United States · United States Congress · 20 July 2020

Hong Kong People's Freedom and Choice Act This bill provides for immigration benefits related to Hong Kong in the event that China puts into effect national security legislation in Hong Kong that would curtail political freedoms. (Hong Kong is part of China but has a separate legal system. U.S. law provides Hong Kong with special treatment due to this autonomy.) If China promulgates the Hong Kong national security law, Hong Kong shall receive temporary protected status for 18 months. During this period, qualifying Hong Kong residents who have been continuously present in the United States since this bill's enactment and apply for such status shall have work authorization and may not be removed from the United States. If the President suspends Hong Kong's special treatment under U.S. law, Hong Kong shall continue for five years to be treated as a separate foreign state when calculating annual per-country caps under immigration law. The Department of Homeland Security (DHS) may provide special immigrant status to a qualifying Hong Kong resident who meets certain educational requirements or owns a company of a certain size. DHS may admit up to 50,000 principal aliens under this provision for each of the five fiscal years after this bill's enactment, and such aliens shall not be subject to other numerical limits. Qualifying Hong Kong residents who fear political persecution from China and apply for permanent resident status shall be deemed to have an approved petition. Certain provisions, such as requiring applicants to have a valid entry document, shall not apply to such individuals.

Financial Services and General Government Appropriations Act, 2021

United States · United States Congress · 17 July 2020

Financial Services and General Government Appropriations Act, 2021 This bill provides FY2021 appropriations for several federal departments and agencies, including the Department of the Treasury, the Executive Office of the President, the judiciary, the District of Columbia, and several independent agencies. The independent agencies funded in the bill include the Administrative Conference of the United States, the Consumer Product Safety Commission, the Election Assistance Commission, the Federal Communications Commission, the Federal Deposit Insurance Corporation, the Federal Election Commission, the Federal Labor Relations Authority, the Federal Permitting Improvement Steering Council, the Federal Trade Commission, the General Services Administration, the Harry S. Truman Scholarship Foundation, the Merit Systems Protection Board, the Morris K. Udall and Stewart L. Udall Foundation, the National Archives and Records Administration, the National Credit Union Administration, the Office of Government Ethics, the Office of Personnel Management, the Office of Special Counsel, the Postal Regulatory Commission, the Privacy and Civil Liberties Oversight Board, the Public Buildings Reform Board, the Securities and Exchange Commission, the Selective Service System, the Small Business Administration, the U.S. Postal Service, and the U.S. Tax Court. The bill also sets forth requirements and restrictions for using funds provided by this and other appropriations Acts.

Protect America’s Statues Act of 2020

United States · United States Congress · 16 July 2020

Protect America's Statues Act of 2020 This bill makes certain jurisdictions ineligible for historic preservation grants or fixed guideway capital investment grants. Ineligible jurisdictions are those with any law, regulation, policy, or procedure within its control in contravention of federal criminal law relating to the destruction of veterans' memorials or rioting. The Department of the Interior may not award historic preservation grants to ineligible jurisdictions. An ineligible jurisdiction awarded a grant in the fiscal year in which this bill is enacted or after must return 75% of the grant amount. Interior may not approve a fixed guideway capital investment grant for a project in an ineligible jurisdiction. Any obligation or commitment made under a fixed guideway capital investment grant may be revoked if the project is in an ineligible jurisdiction. The Department of Justice shall annually submit to Interior and Congress a list of the jurisdictions that are ineligible.

Family Savings Flexibility Act

United States · United States Congress · 16 July 2020

Family Savings Flexibility Act This bill (1) increases to $2,750 the maximum amount of unused benefits or contributions remaining in a health flexible or dependent care spending arrangement that may be carried over from the 2020 to the 2021 plan year, (2) increases the maximum contribution amount for health savings accounts, and (3) increases the exclusion from employee gross income of employer-paid dependent care assistance.

To provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.

United States · United States Congress · 16 July 2020

This bill allows employers a payroll tax credit for 50% of the sum of qualified employee protection expenses, qualified workplace reconfiguration expenses, and qualified workplace technology expenses paid for each calendar quarter. The bill defines qualified employee protection expenses as the cost of testing employees for COVID-19 (i.e., coronavirus disease 2019), equipment to protect employees from COVID-19, and cleaning products or services for preventing the spread of COVID-19; qualified workplace reconfiguration expenses as amounts paid to design and reconfigure retail space, work areas, break areas, or other employee or customer areas for the primary purpose of preventing the spread of COVID-19, and such design and reconfiguration is completed pursuant to a plan in place before March 13, 2020, and completed before January 1, 2021; and qualified workplace technology expenses as amounts paid for technology systems that employees or customers use for the primary purpose of preventing the spread of COVID-19 and limiting physical contact, and is acquired after March 12, 2020, and placed in service before January 1, 2021.

Making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2021, and for other purposes.

United States · United States Congress · 16 July 2020

Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2021 This bill provides FY2021 appropriations to the Department of Transportation (DOT), the Department of Housing and Urban Development (HUD), and several related agencies. The bill provides appropriations to DOT for the Office of the Secretary, the Federal Aviation Administration, the Federal Highway Administration, the Federal Motor Carrier Safety Administration, the National Highway Traffic Safety Administration, the Federal Railroad Administration, the Federal Transit Administration, the Saint Lawrence Seaway Development Corporation, the Maritime Administration, the Pipeline and Hazardous Materials Safety Administration, and the Office of Inspector General. The bill provides appropriations to HUD for Management and Administration, Public and Indian Housing, Community Planning and Development, Housing Programs, the Federal Housing Administration, the Government National Mortgage Association (Ginnie Mae), Policy Development and Research, Fair Housing and Equal Opportunity, the Office of Lead Hazard Control and Healthy Homes, the Cybersecurity and Information Technology Fund, and the Office of Inspector General. The bill also provides appropriations to several related agencies, including the Access Board, the Federal Maritime Commission, the National Railroad Passenger Corporation (Amtrak) Office of Inspector General, the National Transportation Safety Board, the Neighborhood Reinvestment Corporation, the Surface Transportation Board, and the U.S. Interagency Council on Homelessness. Additionally, the bill sets forth requirements and restrictions for using funds provided by this and other appropriations Acts.

Taxpayer Fairness Fund Act of 2020

United States · United States Congress · 16 July 2020

Taxpayer Fairness Fund Act of 2020 This bill establishes the Taxpayer Fairness Fund to enhance Internal Revenue Service (IRS) enforcement activities. The fund provides amounts for the hiring, training, and employment of IRS personnel to determine and collect owed taxes from individuals with annual incomes of $500,000 or more and corporations with assets valued at $5 million or more. The fund is financed by voluntary designations of certain taxpayers on their tax returns of $5.00 from overpayment of tax.

First Time Homebuyer Pandemic Savings Act

United States · United States Congress · 16 July 2020

First Time Homebuyer Pandemic Savings Act This bill extends for one year the exemption from the penalty for early distributions from tax-preferred retirement plans for distributions related to COVID-19 (i.e., coronavirus disease 2019). It also excludes from gross income COVID-19-related distributions which are first-time homebuyer distributions up to $25,000 in a taxable year.

To provide a payroll tax credit for certain costs of providing employees with testing for COVID-19.

United States · United States Congress · 16 July 2020

This bill allows employers a payroll tax credit for 50% of employee testing expenses for COVID-19 (i.e., coronavirus disease 2019). The credit does not apply to the federal government or any state or local government.

To amend the Internal Revenue Code of 1986 to apply the mailbox rule to certain payments made through the Electronic Federal Tax Payment System.

United States · United States Congress · 16 July 2020

This bill provides that tax payments made through the Electronic Federal Tax Payment System of the Department of the Treasury that are required to be made within a prescribed period or on or before a prescribed date shall be treated as made on the last day of either such prescribed period or on such prescribed date. The bill thus generally applies the mailbox rule (also known as the posting rule) to such payments which provides that payments are considered made on the date they are postmarked.

To modify certain requirements of LIHEAP for purposes of the use of certain funds appropriated in fiscal year 2020, and for other purposes.

United States · United States Congress · 16 July 2020

This bill modifies requirements in FY2020 for the use of certain funds under the the low-income home energy assistance program. Specifically, the bill requires each state, the Commonwealth of Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, the Commonwealth of the Northern Mariana Islands, and each Indian Tribe that receives funding under the program to (1) accept proof of job loss or severe income loss dated after February 29, 2020, such as a layoff or furlough notice or verification of application for unemployment benefits, as sufficient to demonstrate lack of income for an individual or household; and (2) not use more than 12.5% of such funding for administrative costs.

Local Journalism Sustainability Act

United States · United States Congress · 16 July 2020

Local Journalism Sustainability Act This bill allows individual and business taxpayers certain tax credits for the support of local newspapers and media. Specifically, individual taxpayers may claim an income tax credit up to $250 for a local newspaper subscription. The bill also allows local newspaper employers a payroll tax credit for wages paid to an employee for service as a journalist and certain small businesses a tax credit for local newspaper and media advertising expenses.

Making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2021, and for other purposes.

United States · United States Congress · 15 July 2020

Energy and Water Development and Related Agencies Appropriations Act, 2021 This bill provides FY2021 appropriations for U.S. Army Corps of Engineers civil works projects, the Department of the Interior's Bureau of Reclamation, the Department of Energy (DOE), and independent agencies such as the Nuclear Regulatory Commission. The bill provides appropriations for U.S. Army Corps of Engineers civil works projects, including for Investigations, Construction, Mississippi River and Tributaries, Operation and Maintenance, the Regulatory Program, the Formerly Utilized Sites Remedial Action Program, Flood Control and Coastal Emergencies, Expenses, and the Office of the Assistant Secretary of the Army for Civil Works. The bill provides appropriations to the Department of the Interior for the Central Utah Project and the Bureau of Reclamation. The bill provides appropriations to DOE for Energy Programs, including Energy Efficiency and Renewable Energy; Cybersecurity, Energy Security, and Emergency Response; Electricity; Nuclear Energy; Fossil Energy Research and Development; Naval Petroleum and Oil Shale Reserves; the Strategic Petroleum Reserve; the Northeast Home Heating Oil Reserve; the Energy Information Administration; Non-Defense Environmental Cleanup; the Uranium Enrichment Decontamination and Decommissioning Fund; Science; Nuclear Waste Disposal; the Advanced Research Projects Agency--Energy; the Title 17 Innovative Technology Loan Guarantee Program; the Advanced Technology Vehicles Manufacturing Loan Program; the Tribal Energy Loan Guarantee Program; the Office of Indian Energy Policy and Programs; Departmental Administration; and the Office of the Inspector General. The bill also provides appropriations to DOE for Atomic Energy Defense Activities of the National Nuclear Security Administration, Environmental and Other Defense Activities, and the Power Marketing Administrations. The bill provides appropriations to several independent agencies, including the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission. The bill sets forth permissible and prohibited uses for funds provided by this and other appropriations Acts.

Legislative Branch Appropriations Act, 2021

United States · United States Congress · 14 July 2020

Legislative Branch Appropriations Act, 2021 This bill provides FY2021 appropriations for the legislative branch, including the House of Representatives and Joint Items such as the Joint Economic Committee, the Joint Committee on Taxation, the Office of the Attending Physician, and the Office of Congressional Accessibility Services. In addition, the bill provides FY2021 appropriations for the Capitol Police; the Office of Congressional Workplace Rights; the Congressional Budget Office; the Architect of the Capitol; the Library of Congress, including the Congressional Research Service and the Copyright Office; the Government Publishing Office; the Government Accountability Office; the Open World Leadership Center Trust Fund; and the John C. Stennis Center for Public Service Training and Development. (Pursuant to the longstanding practice of each chamber of Congress determining its own requirements, funds for the Senate are not included in the House bill.) The bill also sets forth requirements and restrictions for using funds provided by this bill.

MFAR Transparency Act

United States · United States Congress · 13 July 2020

MFAR Transparency Act This bill restricts the implementation of, and requires additional reporting with respect to, the Centers for Medicare & Medicaid Services (CMS) proposed rule titled Medicaid Program; Medicaid Fiscal Accountability Regulation , published on November 18, 2019. The proposed rule establishes new reporting requirements for states with respect to supplemental payments and upper payment limits under Medicaid and generally modifies requirements relating to state Medicaid financing. The bill prohibits the CMS from finalizing or otherwise implementing the proposed rule without congressional authorization. Additionally, the Government Accountability Office must report on the fiscal impact of the proposed rule on health care facilities and state and local governments.

Coast Guard Combat-Injured Tax Fairness Act

United States · United States Congress · 13 July 2020

Coast Guard Combat-Injured Tax Fairness Act This bill extends the provisions of the Combat-Injured Veterans Tax Fairness Act of 2016 to the Department of Homeland Security, with respect to the U.S. Coast Guard when it is not operating in the Department of the Navy. That act directed the Department of Defense to identify (1) certain disability severance payments paid after January 17, 1991, to to veterans with combat-related injuries, from which it withheld amounts for tax purposes; and (2) the individuals to whom such severance payments were made.

RAM Act of 2020

United States · United States Congress · 13 July 2020

Reshoring American Manufacturing Act of 2020 or the RAM Act of 2020 This bill allows business taxpayers a tax credit, up to $25 million in a taxable year, for the cost of eligible reshoring expenses. The bill defines eligible reshoring expenses as amounts paid for the transportation (including any import duties, fees, or tariffs imposed with respect to such transportation) of manufacturing equipment from China to the United States. The credit expires after 2023.

Making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2021, and for other purposes.

United States · United States Congress · 13 July 2020

Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2021 This bill provides FY2021 appropriations for the Department of Agriculture (USDA), the Food and Drug Administration, and related agencies. The bill provides appropriations to USDA for Agricultural Programs, including the Office of the Secretary, Executive Operations, the Economic Research Service, the National Agricultural Statistics Service, the Agricultural Research Service, the National Institute of Food and Agriculture, the Animal and Plant Health Inspection Service, the Agricultural Marketing Service, and the Food Safety and Inspection Service. The bill also provides appropriations to USDA for Farm Production and Conservation Programs, including the Farm Production and Conservation Business Center, the Farm Service Agency, the Risk Management Agency, and the Natural Resources Conservation Service. The bill provides appropriations to the Federal Crop Insurance Corporation Fund and the Commodity Credit Corporation Fund. For USDA Rural Development programs, the bill includes appropriations for Rural Development Salaries and Expenses, the Rural Housing Service, the Rural Business-Cooperative Service, and the Rural Utilities Service. The bill provides appropriations to the Food and Nutrition Service for Child Nutrition Programs; the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC); the Supplemental Nutrition Assistance Program (SNAP, formerly known as the food stamp program); the Commodity Assistance Program; and Nutrition Programs Administration. The bill provides appropriations to the Foreign Agricultural Service for (1) Food for Peace Title II Grants, and (2) McGovern-Dole International Food for Education and Child Nutrition Program Grants. The bill also provides appropriations for the Food and Drug Administration, the Commodity Futures Trading Commission, and the Farm Credit Administration. Additionally, the bill sets forth requirements and restrictions for using funds provided by this and other appropriations Acts.

Fiscal Transparency Act of 2020

United States · United States Congress · 13 July 2020

Fiscal Transparency Act of 2020 This bill requires each federal agency to post annual budget and financial profiles on a public website that is currently maintained by the Department of the Treasury. The profiles must include specified details regarding the mission, organization, activities, statutory authorities, budgetary resources, and financial audits for the agency and each of its components.

SAVE Jobs Act

United States · United States Congress · 13 July 2020

Save American Vital Energy Jobs Act or the SAVE Jobs Act This bill extends energy-related tax provisions and expands incentives for job creation in the energy sector during the COVID-19 (i.e., coronavirus disease 2019) emergency period. Specifically, the bill extends for one year the construction period for carbon oxide sequestration facilities for purposes of the tax credit, suspends capitalization rules in 2020 to permit immediate expensing of certain inventory costs, reduces the required deposit of certain motor fuel excise taxes from 95% to 25%, allows expensing of intangible drilling costs in 2020, permits extensions and suspensions of production and operations under onshore and offshore leases during the COVID-19 emergency period, requires a royalty rate reduction during the COVID-19 emergency period for a maximum 180-day period, and requires the Department of the Interior to delay until July 1, 2022, the effective date for compliance with the 2016 final rule titled Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform.

Made in America: Preparation for a Pandemic Act of 2020

United States · United States Congress · 9 July 2020

Made in America: Preparation for a Pandemic Act of 2020 This bill establishes a pandemic preparation tax credit and a requirement to maintain in the Strategic National Stockpile a specified amount of personal protective equipment (PPE). The pandemic preparation tax credit is an amount equal to 20% of the qualified expenses paid or incurred by the taxpayer for purposes of producing PPE that qualifies for addition to the Strategic National Stockpile. The Office of Management and Budget (OMB) shall ensure that the stockpile includes an amount of PPE sufficient to meet the health security needs of the United States for one year during a pandemic or other emergency. The bill requires that at least 25% of the PPE in the stockpile be produced domestically, with exceptions. If the OMB determines that the requirement is not satisfied, it shall (1) notify specified congressional committees on a quarterly basis, and (2) post each notification on a General Services Administration website.

Clean Energy Innovation and Deployment Act of 2020

United States · United States Congress · 9 July 2020

Clean Energy Innovation and Deployment Act of 2020 This bill addresses provisions related to clean energy and zero-emission electricity technology. Among these provisions, the bill (1) implements measures to deploy clean energy technologies and make them commercially available, including through the activities of a Clean Energy Deployment Administration within the Department of Energy; (2) sets forth requirements for a zero-emission electricity standard; (3) provides incentives to power companies for the accelerated deployment of a zero-emission electricity system, including tax credits and grants; (4) reauthorizes through FY2030 and revises the Weatherization Assistance Program; and (5) establishes a nationwide program to improve education and training for jobs in energy-related industries with existing or expected worker shortages.

Crack Down on Dark Money Act

United States · United States Congress · 9 July 2020

Crack Down on Dark Money Act This bill prohibits tax-exempt 501(c)(4) social welfare organizations from using more than 10% of their total expenditures on covered political expenditures (i.e., direct or indirect expenditures for an exempt function, including influencing or attempting to influence the selection, nomination, election, or appointment of any individual to any federal, state, or local public office or office in a political organization, or the election of presidential or vice-presidential electors, whether or not such individual or electors are selected, nominated, elected, or appointed). The bill also requires a social welfare organization that spends funds on political intervention to publicly disclose the name and address of any contributor donating $5,000 or more to such organization. The term political intervention includes advocacy for the election, defeat, nomination or recall of a political candidate, the making of contributions to a political campaign, communications to the electorate about political candidates, and political use of resources.

Infectious Disease Therapies Research and Innovation Act of 2020

United States · United States Congress · 9 July 2020

Infectious Disease Therapies Research and Innovation Act of 2020 This bill exempts from the definition of passive activity , for purposes of the passive loss tax rules, any qualified medical research activity of a specified medical research small business pass-thru entity. The bill defines specified medical research small business pass-thru entity as any domestic pass-thru entity if more than 80% of such entity's expenditures on research are paid or incurred in connection with qualified medical research activities and the gross receipts of such entity for the taxable year are less than $1 million.