Taxation

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

351 records in US in 1984

Records

Bill· HRH.R. 4975 (98th)referred

A bill to reduce the motor fuels tax imposed on methanol produced from natural gas so that the tax on such fuel is imposed on an energy-equivalent basis with the fuel tax imposed on gasoline, diesel fuel, and special motor fuels.

United States · United States Congress · 29 February 1984

Amends the Internal Revenue Code to reduce from nine cents to four and one-half cents per gallon the special fuels excise tax on any liquid at least 85 percent of which consists of methanol produced from natural gas.

Bill· HJRESH.J.Res. 498 (98th)referred

A joint resolution approving the interstate cost estimate and interstate substitute cost estimate for fiscal years 1984 and 1985.

United States · United States Congress · 29 February 1984

Directs the Secretary of Transportation to make apportionments: (1) for the National System of Interstate and Defense Highways in accordance with the interstate cost estimate for FY 1985 and 1986; and (2) for the substitute highway and transit projects in accordance with the interstate substitute cost estimate for FY 1984 and 1985.

Bill· SS. 2358 (98th)open

Synthetic Fuels Corporation Fiscal Accountability Act of 1984

United States · United States Congress · 28 February 1984

Synthetic Fuels Corporation Fiscal Accountability Act of 1984 - Amends the United States Synthetic Fuels Corporation Act of 1980 to prohibit the U.S. Synthetic Fuels Corporation from making new awards of financial assistance after the date of the enactment of this Act and before the date on which the Corporation's comprehensive strategy for achieving the national synthetic fuel production goal is approved by Congress. Makes limitations on Corporation construction projects effective upon the enactment of this Act rather than upon approval of the comprehensive strategy as provided under current law.

Bill· SS. 2365 (98th)open

A bill entitled the "Credit Amendments of 1984".

United States · United States Congress · 28 February 1984

Amends the Internal Revenue Code to extend for two years the time period for which the energy investment tax credit is allowable with respect to certain long-term projects. Repeals the termination date for the treatment of certain shale oil property as energy property. (Present law terminated such treatment as of December 31, 1982.)

Bill· SS. 2355 (98th)referred

Highway Tax Reduction Act of 1984

United States · United States Congress · 28 February 1984

Highway Tax Reduction Act of 1984 - Amends the Internal Revenue Code to provide for a reduction in the excise taxes on gasoline, diesel fuel, and special motor fuels and in the heavy truck use tax during any fiscal year in which apportionments have not been made for the Federal-aid highway program. Provides that such reduction shall be effective for a period beginning November 1st of such fiscal year and ending 30 days after such apportionments are made. Prohibits the transfer of funds to the Mass Transit Account of the Highway Trust Fund during any period when such reduction is in effect.

Law· HRH.R. 4957 (98th)enacted

A bill to apportion certain funds for construction of the National System of Interstate and Defense Highways for fiscal year 1985 and to increase the amount authorized to be expended for emergency relief under title 23, United States Code, and for other purposes.

United States · United States Congress · 28 February 1984

Directs the Secretary of Transportation to apportion: (1) for FY 1985, one-half of the sums authorized to be appropriated in accordance with the interstate cost estimate for such fiscal year; and (2) for FY 1984, one-half of the sums to be apportioned for such fiscal year in accordance with the interstate substitute cost estimate. Increases the authorized appropriations out of the Highway Trust Fund (other than the Mass Transit Account) for emergency relief for FY 1984. Makes the following projects eligible for emergency relief funds: (1) a project to alleviate flooding conditions on an interstate highway in the vicinity of Carencro, Louisiana; and (2) a project to repair any Federal-aid primary route in San Mateo County, California, which was destroyed as a result of storms and a mountain slide during the winter of 1982-1983. Makes funds available to Maryland for resurfacing, restoring, rehabilitating, and reconstructing a specified interstate route. Revises provisions with respect to State use of allocated funds. Makes the construction of a bridge in the vicinity of Valley City and Florence, Illinois, eligible for the Federal highway bridge replacement and rehabilitation program. Amends the Surface Transportation Assistance Act of 1982 to remove cement from its Buy American provisions.

Law· HJRESH.J.Res. 493 (98th)enacted

A joint resolution making an urgent supplemental appropriation for the Department of Health and Human Services for the fiscal year ending September 30, 1984.

United States · United States Congress · 28 February 1984

Appropriates funds for FY 1984 for the Department of Health and Human Services for low income home energy assistance.

Law· HJRESH.J.Res. 492 (98th)enacted

A joint resolution making an urgent supplemental appropriation for the fiscal year ending September 30, 1984, for the Department of Agriculture.

United States · United States Congress · 28 February 1984

Makes a supplemental appropriation for FY 1984 to the Department of Agriculture to provide emergency food assistance for African countries through the Commodity Credit Corporation (CCC). Requires that a specified amount of such commodities shall be available in connection with dispositions abroad pursuant to title II (the famine relief provisions) of the Agricultural Trade Development and Assistance Act of 1954 (Public Law 480) and that a specified amount shall be available on a competitive bid or barter basis. Authorizes the CCC to purchase commodities to meet emergency requirements if CCC stocks are not available.

Bill· SS. 2353 (98th)open

A bill to amend the Internal Revenue Code of 1954 to provide that one-half of the amounts paid by a self-employed taxpayer for his or her health insurance premiums will be allowed as a business deduction.

United States · United States Congress · 27 February 1984

Amends the Internal Revenue Code to provide that one-half of the cost of insurance paid by a self-employed taxpayer for medical care during the taxable year will be allowed as a business deduction.

Bill· SS. 2349 (98th)open

A bill to amend the Internal Revenue Code of 1954 to deny loss deductions for stock in corporations functioning in the nature of political action committees.

United States · United States Congress · 27 February 1984

Amends the Internal Revenue Code to deny a loss deduction for stock in a corporation where a substantial part of the corporation's activities involve attempts to influence legislation and participate in political campaigns.

Bill· SS. 2345 (98th)open

A bill to provide an Individual Retirement Account credit in lieu of a deduction and to extend Individual Retirement Account benefits to non-working spouses and divorced persons.

United States · United States Congress · 27 February 1984

Amends the Internal Revenue Code to provide that the compensation of the higher-paid spouse may be taken into account in determining the income tax deduction for contributions to the individual retirement account of the other spouse. Treats alimony as compensation for purposes of determining the income tax deduction for contributions to an individual retirement account. Allows an income tax credit in lieu of the income tax deduction presently allowed for contributions to an individual retirement account. Sets the amount of such credit at 35 percent of the amount which would be deductible under present law.

Bill· HRH.R. 4944 (98th)referred

A bill to amend title 10, United States Code, to provide that certain educational benefits paid by the Department of Defense to or on behalf of members of the Armed Forces shall be treated for purposes of taxation in the same manner as educational assistance payments under the GI bill.

United States · United States Congress · 27 February 1984

Exempts from taxation educational assistance payments made by the United States to or on behalf of members or former members of the armed forces or their dependents. Excludes lump-sum payments from such exemption.

Bill· HRH.R. 4949 (98th)referred

A bill to amend the Internal Revenue Code of 1954 to allow employers a tax credit for hiring displaced homemakers.

United States · United States Congress · 27 February 1984

Amends the Internal Revenue Code to qualify displaced homemakers for the targeted jobs income tax credit. Defines "displaced homemaker" as an individual who: (1) has not worked in the labor force for a substantial number of years but has, during those years, worked in the home providing unpaid services for family members; (2) has been dependent on public assistance or on the income of another family member but is no longer supported by that income, or is receiving public assistance on account of dependent children in the home; and (3) is a member of an economically disadvantaged family and is experiencing difficulty in obtaining or upgrading employment.

Bill· HRH.R. 4951 (98th)referred

A bill to amend the Internal Revenue Code of 1954 to increase the amount of the expenses for household and dependent care services necessary for gainful employment which may be taken into account for computing a tax credit, and to include certain organizations providing dependent care within the definition of tax-exempt organization under such Code.

United States · United States Congress · 27 February 1984

Amends the Internal Revenue Code to increase the income tax credit for child care expenses from a maximum of 30 percent to a maximum of 50 percent of such expenses. Reduces such percentage by one percent for each full $1,000 by which the taxpayer's adjusted gross income exceeds $10,000. Grants tax-exempt status to organizations which provide nonresidential dependent care services to the general public for purposes of enabling individuals to maintain employment.

Bill· HRH.R. 4950 (98th)referred

A bill to amend the Internal Revenue Code of 1954 to allow individuals to compute the deduction for retirement savings on the basis of the compensation of their spouses and to treat alimony as compensation for purposes of such deduction.

United States · United States Congress · 27 February 1984

Amends the Internal Revenue Code to allow married individuals to compute the amount of their income tax deduction for contributions to retirement savings accounts on the basis of the earned income of their spouses. Treats alimony payments as compensation for purposes of this deduction.

Bill· HRH.R. 4948 (98th)referred

A bill to amend the Internal Revenue Code of 1954 to provide that the zero bracket amount for heads of households shall be the same as the zero bracket amount for joint returns and surviving spouses.

United States · United States Congress · 27 February 1984

Amends the Internal Revenue Code to provide that the zero bracket amount for heads of households shall be the same as the zero bracket amount for joint returns and surviving spouses.

Bill· SS. 2343 (98th)open

A bill to reform the alternative minimum tax.

United States · United States Congress · 23 February 1984

Amends the Internal Revenue Code to establish an alternative minimum taxable floor for purposes of computing the alternative minimum tax for taxpayers other than corporations. Requires that alternative minimum taxable income shall not be less than such minimum taxable floor. Sets forth the method of calculating such minimum taxable floor. Provides that for purposes of such calculation deductions attributable to property held for the production of income or to a trade or business shall not be taken into account to the extent that the deductions from such activities exceed the gross income attributable to such activities.

Bill· HRH.R. 4914 (98th)open

Housing Finance Opportunity Act of 1984

United States · United States Congress · 23 February 1984

Housing Finance Opportunity Act of 1984 - Amends the Internal Revenue Code to permit the continued issuance of tax-exempt mortgage revenue bonds after December 31, 1983.

Bill· HRH.R. 4930 (98th)open

A bill to authorize appropriations for civil defense programs for fiscal years 1985 and 1986, and for other purposes.

United States · United States Congress · 23 February 1984

Authorizes appropriations for FY 1985 and 1986 to carry out the programs of the Federal Civil Defense Act of 1950. Repeals limitations on certain appropriations under such Act, including appropriations for: (1) the payment of travel and per diem expenses for certain students; (2) the donation of radiological instruments; (3) contributions to States for personal equipment for State and local workers; and (4) contributions to States for personnel and administrative expenses.

Bill· HRH.R. 4935 (98th)referred

A bill to approve a six-month interstate cost estimate for fiscal year 1985, and for other purposes.

United States · United States Congress · 23 February 1984

Directs the Secretary of Transportation to apportion one-half of the sums authorized to be appropriated in accordance with the interstate cost estimate for FY 1985, and one-half of the sums to be apportioned in accordance with the interstate substitute cost estimate for FY 1984. Specifies apportionment factors.

Bill· HRH.R. 4936 (98th)referred

A bill to apportion certain funds for interstate highway construction for fiscal year 1985.

United States · United States Congress · 23 February 1984

Directs the Secretary of Transportation to provide for the apportionment of funds for interstate highway construction for FY 1985.

Bill· HRH.R. 4940 (98th)referred

A bill to amend title 4, United States Code, to provide that States using a unitary method of taxation may not treat foreign trades or businesses as members of a unitary business.

United States · United States Congress · 23 February 1984

Provides that States or political subdivisions thereof using a unitary method of income taxation may not treat foreign trade or businesses as members of a unitary business if 80 percent or more of the total business activity is outside the United States. Directs the Secretary of the Treasury to provide to State officials information concerning company earnings and other information for businesses affected by the unitary system of taxation.

Bill· HRH.R. 4929 (98th)referred

Employee Stock Ownership Improvement Act of 1984

United States · United States Congress · 23 February 1984

Employee Stock Ownership Improvement Act of 1984 - Amends the Internal Revenue Code to allow an income tax deduction to a business with an employee stock ownership plan for dividends paid to participants of such plan or to the plan itself under certain circumstances.

Bill· HRH.R. 4919 (98th)referred

A bill to increase the maximum annual dollar amount limitation on deductions allowed under the Internal Revenue Code of 1954 for contributions to an individual retirement account of a spouse and to provide that the limitation relating to the amount of a compensation received, with respect to such deductions, shall be computed on the basis of the combined compensations of a husband and wife.

United States · United States Congress · 23 February 1984

Bill· SS. 2319 (98th)open

Tax Shelter Reform Act of 1984

United States · United States Congress · 22 February 1984

Tax Shelter Reform Act of 1984 - Amends the Internal Revenue Code to deny an income tax deduction for certain property where a taxpayer uses property of another for personal purposes and such other person uses similar property of the taxpayer for personal purposes. Imposes an addition to income tax or estate or gift tax where a court (including the United States Claims Court and the Tax Court) makes a final determination that property has been significantly overvalued or undervalued. Sets forth the method for calculating such tax. Establishes an alternative minimum taxable floor for purposes of computing the alternative minimum tax for taxpayers other than corporations. Requires that the alternative minimum taxable income shall not be less than such minimum taxable floor. Sets forth the method of calculating such minimum taxable floor. Provides that for purposes of such calculation deductions attributable to property held for the production of income or to a trade or business shall not be taken into account to the extent that the deductions from such activities exceed the gross income attributable to such activities. Limits the basis of passenger automobiles to $15,000 for purposes of determining the amount of depreciation and investment tax credit allowable. Allows for an automobile price inflation adjustment (if required) for the calendar year in which the automobile is placed in service. Limits the amount that can be deducted as an ordinary and necessary business expense for leasing automobiles for periods longer than one month. Denies an income tax deduction for interest paid or incurred to purchase or carry certain short-term obligations except to the extent that the taxpayer declares any interest income from such short-term securities. Requires any corporation or partnership organized for tax shelter purposes to file with the Secretary of the Treasury a duplicate of any materials required to be filed with the Securities and Exchange Commission. Requires the Secretary to conduct a study of tax shelters and report the results to specified committees of the Congress not later than December 1, 1984.

Bill· SS. 2330 (98th)open

Fairness for Adopting Families Act of 1984

United States · United States Congress · 22 February 1984

Fairness for Adopting Families Act of 1984 - Amends the Internal Revenue Code to remove the dollar limitation on the income tax deduction for adoption expenses. Expands such deduction to include all reasonable and necessary expenses which are directly related to a legal adoption of any child (current law restricts expenses to those incurred in the adoption of a child with special needs), if such adoption has been arranged by a State or local agency, a nonprofit agency, or through a private placement which does not violate a Federal or State law. Disallows such deduction for expenses in connection with embryo transplantation, in vitro fertilization, or surrogate parenthood. Disallows such deduction for expenses incurred for travel outside the United States, unless such travel is required as a condition of the child's adoption, to assess the health and status of the child, or to escort the child back to the United States. Excludes from an employee's gross income any amounts paid on his behalf by an employer pursuant to an adoption assistance program.

Bill· SS. 2322 (98th)open

A bill to amend the Internal Revenue Code of 1954 to allow individuals to compute the amount of the deduction for retirement savings on the basis of the compensation of the spouse.

United States · United States Congress · 22 February 1984

Bill· SS. 2323 (98th)open

A bill to amend the Internal Revenue Code of 1954 to impose an excise tax on the receipt of golden parachute payments and to deny any deduction with respect to such payments.

United States · United States Congress · 22 February 1984

Amends the Internal Revenue Code to impose a 90 percent excise tax on any golden parachute payment (payments of substantial financial settlements to executives of corporations subject to takeovers). Denies an income tax deduction for the payment of any golden parachute payment.

Bill· HRH.R. 4894 (98th)open

Housing Finance Opportunity Act of 1984

United States · United States Congress · 22 February 1984

Housing Finance Opportunity Act of 1984 - Amends the Internal Revenue Code to permit the continued issuance of tax-exempt mortgage revenue bonds after December 31, 1983.

Bill· HRH.R. 4900 (98th)referred

Panama Canal Appropriations Authorization Act, Fiscal Year 1985

United States · United States Congress · 22 February 1984

Panama Canal Appropriations Authorization Act, Fiscal Year 1985 - Authorizes appropriations for the Panama Canal Commission for FY 1985 for: (1) operating expenses; (2) capital outlay; and (3) reimbursement of other agencies. Authorizes additional appropriations for the Commission for FY 1985 as may be necessary for specified purposes. Amends the Panama Canal Act of 1979 to terminate the Panama Canal Commission Fund on October 1, 1984. Requires that tolls for the use of the Panama Canal and all other receipts of the Commission shall, effective October 1, 1984, be credited to the miscellaneous receipts of the Treasury. Requires that: (1) any deficit incurred by the Commission shall be subtracted from the Commission's receipts for the second fiscal year beginning after the fiscal year in which the deficit is incurred; and (2) appropriations to or for the use of the Commission shall be limited to the remaining amount for the second fiscal year beginning after the fiscal year in which the deficit is incurred.

Bill· HRH.R. 4902 (98th)referred

A bill to amend the Internal Revenue Code of 1954 to reduce the minimum adjusted gross income limitation on medical expense deductions from 5 percent of adjusted gross income to 3 percent.

United States · United States Congress · 22 February 1984

Amends the Internal Revenue Code to reduce the minimum adjusted gross income limitation on medical expense deductions from five percent to three percent of adjusted gross income.

Bill· HRH.R. 4885 (98th)referred

Tax Amnesty Act of 1984

United States · United States Congress · 21 February 1984

Tax Amnesty Act of 1984 - Provides for a one-time amnesty from criminal and civil tax penalties for taxpayers who: (1) file a written statement with specified information concerning any underpayment of tax; (2) pay the amount of such underpayment when filing the statement; and (3) within 30 days of notification of the amount of interest payable on any tax delinquent amount, pays the full amount of such interest or delinquency. Permits installment payments of tax due in certain cases. Disallows an amnesty period for taxpayers against whom a tax deficiency has already been assessed or who have committed fraud in seeking amnesty or against whom a criminal investigation is pending. Allows such amnesty for a six month period beginning on the date of enactment of this Act.

Bill· HRH.R. 4869 (98th)referred

Coal Severance Tax Prohibition Act of 1984

United States · United States Congress · 21 February 1984

Coal Severance Tax Prohibition Act of 1984 - Amends the Energy Policy and Conservation Act to prohibit a State from imposing a severance tax on any coal produced in the State which is destined for shipment in interstate commerce.

Bill· HRH.R. 4875 (98th)referred

Service Liability Partial Self-Insurance Act of 1983

United States · United States Congress · 21 February 1984

Service Liability Partial Self-Insurance Act of 1983 - Amends the Internal Revenue Code to allow an income tax deduction to any taxpayer furnishing professional design services for cash contributions to a service liability trust. Defines services liability as liability for tort damages attributable to negligence in, breach of warranty regarding, or defects in the professional construction or modification design of buildings or structures on real property. Limits the allowable deduction: (1) for a taxpayer with a severe service liability problem to a maximum of $100,000, or one of two specified formula sums, whichever is least; and (2) for a taxpayer with no severe liability problem to a maximum of $25,000, or one of two formula sums, whichever is least. Penalizes unauthorized distributions from such accounts except for: (1) corrective withdrawal of excess contributions; (2) distributions when a change of circumstances causes continued maintenance of such trust to have no trade or business purposes; (3) transfers of rollover amounts; (4) distributions following complete liquidation of the pertinent trade or business; and (5) certain sales deemed distributions. Limits the investment of account assets to: (1) Federal public debt securities; (2) nondefaulted State or local obligations; (3) time or demand deposits in certain federally insured financial institutions; or (4) any other investment asset permissible under the State law where such account is organized. Treats service liability loss reserves as amounts accumulated for the reasonably anticipated needs of a business, for purposes of avoiding the accumulated earnings tax.

Bill· HRH.R. 4871 (98th)referred

A bill to require amendment of the Internal Revenue Code of 1954 to provide a simple income tax with a single low rate of tax and to require the Secretary of the Treasury to propose legislation to establish such an income tax.

United States · United States Congress · 21 February 1984

Requires amendment of the Internal Revenue Code to provide for a simplified income tax based on certain principles, including: (1) taxation of income only once and as close as possible to the source of the income; (2) income should be taxed at a single low rate not to exceed 15 percent; (3) low-income households should pay no tax; (4) individuals and businesses should be the only two taxpaying entities; (5) tax should be imposed on the gross revenues of the business; and (6) individuals should be allowed no deductions except for a few categories. Requires the Secretary of the Treasury to propose legislation to establish such an income tax.

Bill· HRH.R. 4872 (98th)referred

A bill to amend the Internal Revenue Code of 1954 to provide that interest credited on a deposit or account in a bank or other financial institution shall not be included in income if such interest cannot be withdrawn because of a bankruptcy or other insolvency proceeding.

United States · United States Congress · 21 February 1984

Amends the Internal Revenue Code to provide that interest credited on a deposit or account in a bank or other financial institution shall not be included in income if such interest cannot be withdrawn because of bankruptcy or other solvency proceedings.

Bill· SS. 2306 (98th)open