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Bill· HRH.R. 7556 (116th)referred
United States · United States Congress · 9 July 2020
This bill allows certain small businesses whose gross receipts do not exceed $1 million a refundable portion of the tax credit for increasing research activities if such businesses are engaging in specified medical research. It defines specified medical research as any qualified research with respect to qualified countermeasures. A qualified countermeasure is a drug, biological product, or device that is determined to be a priority (1) to diagnose, mitigate, prevent, or treat harm from any biological agent (including organisms that cause an infectious disease) or toxin, chemical, radiological, or nuclear agent that may cause a public health emergency affecting national security; (2) to diagnose, mitigate, prevent, or treat harm from a condition that may result in adverse health consequences or death and may be caused by administering a drug, biological product, or device; or (3) is a product or technology intended to enhance the use or effect of a drug, biological product, or device.
Bill· HRH.R. 7555 (116th)referred
United States · United States Congress · 9 July 2020
This bill allows a new research tax credit amount for 14% of specified medical research expenditures. It defines specified medical research expenditures as amounts paid for any qualified research with respect to any qualified countermeasure. A qualified countermeasure is a drug, biological product, or device that is determined to be a priority (1) to diagnose, mitigate, prevent, or treat harm from any biological agent (including organisms that cause an infectious disease) or toxin, chemical, radiological, or nuclear agent that may cause a public health emergency affecting national security; (2) to diagnose, mitigate, prevent, or treat harm from a condition that may result in adverse health consequences or death and may be caused by administering a drug, biological product, or device; or (3) is a product or technology intended to enhance the use or effect of a drug, biological product, or device. The bill also sets forth a special rule for treatment of specified medical research expenditures paid or incurred in taxable years beginning before January 1, 2021.
Bill· HRH.R. 7505 (116th)referred
United States · United States Congress · 9 July 2020
American Innovation Act of 2020 This bill revises the tax treatment of business start-up or organizational expenditures. Specifically, it allows an election to deduct such expenditures in an amount equal to the lesser of the aggregate amount of such expenditures incurred by an active trade of business or $20,000, reduced by the amount by which such aggregate amount exceeds $120,000. The remaining amount of such expenditures shall be amortized over the 180 month period after the trade or business begins. The bill also revises the tax treatment of partnership syndication fees and start-up net operating losses and tax credits after an ownership change.
Bill· HRH.R. 7499 (116th)referred
United States · United States Congress · 9 July 2020
Social Security COVID Correction and Equity Act This bill expands the Old-Age, Survivors, and Disability Insurance (OASDI) benefits program, temporarily expands the Supplemental Security Income (SSI) program, and otherwise modifies these programs. Specifically, the bill revises OASDI benefits by (1) modifying funding formulas, (2) extending eligibility for certain benefits, and (3) increasing income thresholds used to determine the percentage of benefits subject to federal income tax. Changes to OASDI funding formulas include (1) increasing the primary insurance amount, (2) establishing new methods to calculate benefits for individuals with lifetime low earnings and for widows and widowers, and (3) modifiying application of the national average wage index to prevent certain reductions to benefits. In addition, children of a deceased, disabled, or retired worker remain eligible for OASDI benefits through age 22 if they are full-time students. Under current law, they receive benefits through age 18. The bill also extends dependent child benefits under the OASDI program to specified family members other than grandparents or step-grandparents, including in cases where a court grants custody of the dependent child to an eligible family member. To receive benefits under current law, either both parents must be disabled or deceased or a grandparent or step-grandparent must legally adopt the dependent child. The bill also temporarily increases income and resource limits for the SSI program, thereby temporarily expanding eligibility. This program helps aged, blind, and disabled individuals with limited income and resources meet their basic needs.
Bill· HRH.R. 7551 (116th)referred
United States · United States Congress · 9 July 2020
Earned Income and Child Tax Credits Outreach Act of 2020 This bill directs the Department of the Treasury, in January of 2021 and January of 2022, to carry out a public outreach program to inform individual taxpayers of their potential eligibility for the earned income and child tax credits. The Inspector General for Tax Administration of Treasury must study the outreach program and make recommendations for improving it.
Bill· HRH.R. 7562 (116th)referred
United States · United States Congress · 9 July 2020
COVID-19 Youth Sports and Healthy Working Families Relief Act This bill establishes measures to provide economic assistance to youth sports providers, programs, and organizations in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill (1) requires the Small Business Administration to establish a loan program for youth sports providers affected by COVID-19, (2) expands the Child and Dependent Care Tax Credit to include expenses for youth physical activities, (3) makes certain sports and fitness expenses eligible to be paid for with Health Savings Accounts and Flexible Spending Accounts (FSAs), and (4) increases the maximum contribution per household for Dependent Care FSAs.
Bill· HRH.R. 7527 (116th)referred
United States · United States Congress · 9 July 2020
Medical Manufacturing, Economic Development, and Sustainability Act of 2020 or the MMEDS Act of 2020 This bill provides incentives for relocating medical manufacturing facilities in the United States and for manufacturing medical products (i.e., drugs and devices) in economically distressed zones. Specifically, the bill allows a income tax credit for 40% of the sum of wages paid in a medical manufacturing economically distressed zone, employee fringe benefit expenses, and depreciation and amortization allowances with respect to qualified medical manufacturing facility property, and a credit for economically distressed zone products and services acquired by domestic medical manufacturers. The bill increases the credit rate for minority businesses.
Bill· HRH.R. 7492 (116th)referred
United States · United States Congress · 6 July 2020
This bill removes conditions on the designation of Puerto Rico as a qualified opportunity zone. In general, a qualified opportunity zone is an economically-distressed community where new investment may be eligible for preferential tax treatment.
Bill· HRH.R. 7491 (116th)referred
United States · United States Congress · 6 July 2020
Energy Tax Credit Direct Payment Act of 2020 This bill reinstates in 2020 the program authorizing the Department of the Treasury to convert certain alternative clean energy tax credits into cash grants.
Report· HearingS.Hrg.116published
United States · United States Senate · 2 July 2020
Bill· SS. 4162 (116th)open
United States · United States Congress · 2 July 2020
Airport Infrastructure Readiness Act of 2020 or the AIR Act of 2020 This bill directs the Department of Transportation (DOT) to apportion Airport Improvement Program funding for FY2022 and FY2023 to an airport sponsor based on the number of passenger boardings at such airport that would result in the highest apportioned amount during either calendar year 2018, calendar year 2019, or the full calendar year prior to the current fiscal year. Additionally, DOT shall not calculate a benefit-to-cost ratio with respect to an air traffic control tower participating in the Contract Tower Program on the basis of an annual aircraft traffic decrease in FY2020 and FY2021. Under the Contract Tower Program, air traffic control towers are staffed by employees of private companies rather than by Federal Aviation Administration (FAA) employees. The FAA is required to perform a benefit-cost analysis to determine eligibility for participation in the program.
Bill· SS. 4203 (116th)referred
United States · United States Congress · 2 July 2020
American Infrastructure Bonds Act of 2020 This bill allows the issuer of an American infrastructure bond a credit with respect to each interest payment under such bond. Specifically, a credit of 35% of such interest is payable for bonds issued before January 1, 2026, and 28% for bonds issued after December 31, 2025.
Bill· SS. 4178 (116th)referred
United States · United States Congress · 2 July 2020
This bill allows employers with not more than 2,000 full-time employees and certain tax-exempt organizations a payroll tax credit for 50% of their expenses for equipment, services, and training for preventing the transmission of the coronovirus (i.e., the virus that causes COVID-19). The bill limits the amount of such expenses that may be taken into account for purposes of calculating the credit and the period of applicability from February 1, 2020, and beginning before January 1, 2022.
Bill· SS. 4173 (116th)referred
United States · United States Congress · 2 July 2020
Military Spouses Retirement Security Act This bill allows a tax credit for certain small businesses that include military spouses in their retirement plans.
Bill· HRH.R. 7451 (116th)referred
United States · United States Congress · 1 July 2020
Helping Entrepreneurs Access Loans Act or the HEAL Act This bill establishes eligibility and provides funding for Small Business Administration (SBA) disaster loans and advance grants for eligible small businesses. Eligible small businesses are those that (1) are located in an area in which the SBA declared a disaster due to civil unrest occurring between May 26, 2020, and July 1, 2020; (2) incurred damage due to such civil unrest; and (3) have average annual gross receipts of $2 million or less. Such small businesses shall be eligible to receive forgivable loans and advance grants under the SBA's disaster loan program. Such loans shall be equal to 100% of the amount required to repair, rehabilitate, or replace property that was damaged or destroyed due to civil unrest and that was not compensated for by insurance, state or local government grants, or any other means. An applicant may also request an advance of up to $10,000 on such loan. Further, a recipient shall be eligible for forgiveness of 75% of such loan if they are still in operation on December 31, 2021, and have submitted specified documentation related to sales and taxes paid. Additionally, the SBA shall waive certain loan requirements such as (1) personal guarantees, (2) inability to obtain credit elsewhere, and (3) provision of collateral.
Bill· HRH.R. 7473 (116th)referred
United States · United States Congress · 1 July 2020
Main Street Revival Act of 2020 This bill allows a specified small business to elect to pay its first-year employment taxes in four equal installments. The bill defines specified small business as any HUBZone business (a business operating in a historically underutilized business zone as defined by the Small Business Act) that is not reasonably expected to employ more than 25 full-time employees in its first year of operation.
Bill· HRH.R. 7477 (116th)referred
United States · United States Congress · 1 July 2020
Workforce Promotion and Access Act or the WPA Act This bill requires the Department of Labor to establish a program to provide competitive grants to eligible entities (i.e., political subdivisions of states and Tribal entities with a high unemployment rate and outlying areas) to establish programs to ensure employment to individuals residing in the areas served by such entities. The bill also imposes a trading excise tax on certain transactions occurring on a qualified board or exchange in the United States or with respect to a derivative.
Bill· SS. 4135 (116th)referred
United States · United States Congress · 1 July 2020
Helping Entrepreneurs Access Loans Act or the HEAL Act This bill establishes eligibility and provides funding for Small Business Administration (SBA) disaster loans and advance grants for eligible small businesses. Eligible small businesses are those that (1) are located in an area in which the SBA declared a disaster due to civil unrest occurring between May 26, 2020, and July 1, 2020; (2) incurred damage due to such civil unrest; and (3) have average annual gross receipts of $2 million or less. Such small businesses shall be eligible to receive forgivable loans and advance grants under the SBA's disaster loan program. Such loans shall be equal to 100% of the amount required to repair, rehabilitate, or replace property that was damaged or destroyed due to civil unrest and that was not compensated for by insurance, state or local government grants, or any other means. An applicant may also request an advance of up to $10,000 on such loan. Further, a recipient shall be eligible for forgiveness of 75% of such loan if they are still in operation on December 31, 2021, and have submitted specified documentation related to sales and taxes paid. Additionally, the SBA shall waive certain loan requirements such as (1) personal guarantees, (2) inability to obtain credit elsewhere, and (3) provision of collateral.
Bill· SS. 4139 (116th)referred
United States · United States Congress · 1 July 2020
Support for Global Financial Institution Pandemic Response Act of 2020 This bill requires each U.S. Executive Director at an international financial institution to take certain actions in support of the global response to COVID-19 (i.e., coronavirus disease 2019). Specifically, each U.S. Executive Director at an international financial institution (e.g., the International Bank for Reconstruction and Development or the International Finance Corporation) must seek the suspension of debt service payments to the institution and the relaxation of fiscal targets for certain programs, oppose programs or loan agreements that would reduce countries' health care spending or other spending related to their responses to COVID-19, and require approval of all Special Drawing Rights (a currency support tool) allocation transfers from wealthier member countries to countries that are emerging or developing to ensure the allocations are used for the public good and in response to the global pandemic. Further, the U.S. Executive Director at the International Monetary Fund must support the issuance of Special Drawing Rights so that governments may access additional resources to finance their responses to COVID-19.
Bill· SS. 4129 (116th)referred
United States · United States Congress · 1 July 2020
Lifting Our Communities through Advance Liquidity for Infrastructure Act or the LOCAL Infrastructure Act This bill reinstates tax provisions relating to advance refunding bonds. An advance refunding bond is a tax-exempt bond issued by a state or municipality to refinance or consolidate existing bond obligations.
Bill· HRH.R. 7436 (116th)referred
United States · United States Congress · 30 June 2020
Working Families Childcare Access (WFCA) Act This bill increases to $15,000 the maximum amount of dependent care assistance that may be excluded from the gross income of an employee receiving such assistance. It also permits a carryforward to a succeeding year of unused balances in a dependent care assistance flexible spending arrangement.
Bill· HRH.R. 7416 (116th)referred
United States · United States Congress · 30 June 2020
Coastal and Inland Ports and Terminals Commerce Improvement Act This bill directs the U.S. Maritime Administration (MARAD) of the Department of Transportation to provide grants to the owners or operators of certain inland and small coastal port and terminal facilities, and for infrastructure improvements, equipment purchases, and capital investments at such facilities. Eligible facilities include piers, wharves, docks, terminals, and similar structures used principally for the movement of goods, including areas of land, water, or areas in proximity to such structure that are necessary for the movement of goods, located at a port, to and from which the average annual tonnage of cargo for the immediately preceding three calendar years from the time an application is submitted is less than 8 million short tons as determined using U.S. Army Corps of Engineers data. In providing assistance, MARAD must take into account the economic advantage and the contribution to freight transportation at eligible facilities, and the competitive disadvantage of such facilities; not make more than one award per applicant for each fiscal year appropriation; and promote the enhancement and efficiencies of such facilities. MARAD may not provide funding unless it determines that sufficient funding is available for a recipient to meet federal matching requirements.
Bill· SS. 4104 (116th)open
United States · United States Congress · 30 June 2020
Stopping Improper Payments to Deceased People Act This bill expands and otherwise modifies the sharing of death data, particularly with regard to the recovery of improper payments to deceased individuals. The bill requires the Social Security Administration (SSA) to pay to states their reasonable costs for compiling and sharing records of deaths with the SSA. Under current law, the SSA is not required to pay the states but may choose to do so. In addition, the SSA may share, if certain conditions are met, the death data with federal and state agencies for a broader range of purposes. Such purposes include ensuring proper payments of benefits and tax administration duties. This authority terminates after five years. The Office of Management and Budget shall develop guidance for federal agencies that collect death data, and the Department of the Treasury and the Department of Health and Human Services shall jointly develop a plan to assist and states, local agencies, and Indian tribes in providing the data. Additionally, the SSA must share, within 30 days, death data with Treasury to facilitate the recovery of certain stimulus payments made to individuals who were deceased before January 1, 2020.
Bill· HRH.R. 7417 (116th)referred
United States · United States Congress · 30 June 2020
National Security Resiliency and Sustainability Act of 2020 This bill, for FY2021 and any subsequent fiscal year, directs the Department of Defense (DOD) to improve its energy efficiency, including by reducing energy intensity in DOD buildings by 2.5% annually through the end of FY2027. It also adds requirements relating to clean energy including that electric energy and thermal energy in DOD buildings are comprised of clean energy. DOD must develop, implement, and annually update an integrated Strategic Sustainability Performance Plan for each of FY2021-FY2040.
Bill· HRH.R. 7431 (116th)referred
United States · United States Congress · 30 June 2020
Helping Small Businesses Reopen Safely Act of 2020 This bill allows certain small business employers, tax-exempt organizations, and governmental employers a payroll tax credit for 90% of the cost of providing eligible personal protective equipment for the benefit of their employees and customers. The bill defines eligible personal protective equipment to include masks or face coverings, hand sanitizers, surface cleaners, or other items for reducing the spread of infectious diseases.
Bill· HRH.R. 7418 (116th)referred
United States · United States Congress · 30 June 2020
Encouraging Americans to Save Act This bill sets forth provisions to provide matching payments for retirement savings and Individual Retirement Account (IRA) contributions for individuals who have attained age 18, excluding dependents and full-time students. Specifically, it allows an enhanced 50% tax credit, up to $3,000, for deductible retirement savings contributions and for IRA contributions. The bill also directs the Department of the Treasury to establish a permanent program to be known as the MyRA Program to allow individuals or employers to establish a Roth IRA. Treasury must also take steps to increase public awareness of the benefits of this bill and the MyRA Program in particular.
Bill· HRH.R. 7428 (116th)referred
United States · United States Congress · 30 June 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.
Bill· HRH.R. 7327 (116th)referred
United States · United States Congress · 25 June 2020
Child Care for Economic Recovery Act This bill provides additional funding in FY2020 for taxpayer services, social services block grants, and infrastructure grants to improve child care safety, including needs assessments. The bill adds and modifies certain tax provisions to increase and make refundable the child and dependent care tax credit; increase the exclusion from employee income for employer-provided dependent care assistance; allow employers payroll tax credits for certain fixed expenses of child care facilities closed due to COVID-19 (i.e., coronavirus disease 2019), certain employer-paid employee dependent care expenses, and the employment of workers who perform domestic service in the private home of an employer; and allow a carryover of unused benefits or contributions remaining in a dependent care flexible spending arrangement from the 2020 plan year to the 2021 plan year. The bill increases funding (1) in FY2020-FY2024 for the general child care entitlement under the Social Security Act, and (2) for child care services for the children of essential workers. The bill requires the Department of Health and Human Services (HHS) to conduct an immediate needs assessment of the condition of child care facilities throughout the United States and authorizes HHS to award grants to acquire, construct, renovate, or improve child care facilities, including expanding facilities to respond to the COVID-19 pandemic.
Bill· HRH.R. 7365 (116th)referred
United States · United States Congress · 25 June 2020
Green Buses for Every Community Act This bill requires at least 10% of funding made available in a fiscal year for the low or no emissions competitive grant program for buses and bus facilities to be distributed to projects serving predominantly low-income communities. The bill defines a low-income community as any population census tract if (1) the poverty rate for such tract is at least 20%; or (2) the tract is not located within a metropolitan area and the median family income for such tract does not exceed 80% of statewide median family income, or the tract is located within a metropolitan area and the median family income does not exceed the 80% or the metropolitan area median family income.
Bill· HRH.R. 7346 (116th)referred
United States · United States Congress · 25 June 2020
This bill modifies the requirement for valid identification numbers for taxpayers claiming a 2020 recovery rebate (the stimulus payment provided to taxpayers in response to the COVID-19 [i.e., coronavirus disease 2019] pandemic). Specifically, it allows married taxpayers to claim the rebate if at least one spouse satisfies the identification requirement.
Bill· HRH.R. 7330 (116th)referred
United States · United States Congress · 25 June 2020
Growing Renewable Energy and Efficiency Now Act of 2020 or the GREEN Act of 2020 This bill provides tax incentives for investment in renewable energy resources and energy efficiency programs. Among other provisions, the bill extends for five years the tax credit for production of electricity from certain renewable resources (e.g., wind facilities, biomass, landfill trash facilities), the election to treat certain tangible property as energy property for purposes of the energy tax credit, and certain provisions of the energy tax credit; expands the energy tax credit to include energy storage technology, waste energy recovery property, and qualified biogas property; extends for two years the tax credit for carbon oxide sequestration; allows elective payments in lieu of certain energy-related tax credits; modifies the phaseout provisions of the income and excise tax credits for biodiesel and renewable diesel and extends the termination date for such credits; extends for five years and increases the tax credit for nonbusiness energy property and the new energy efficient home tax credit; extends for six years the residential energy efficient property tax credit; extends for five years the tax deduction for energy efficient commercial buildings; modifies the limitations on new qualified plug-in electric drive motor vehicles tax credit and allows a new credit for such vehicles that are previously-owned; allows a new tax credit for zero emission heavy vehicles (vehicles with a gross weight rating of not less than 14,000 pounds and not powered by an internal combustion engine); extends for five years the tax credits for qualified fuel cell motor vehicles and alternative fuel cell refueling property; provides for additional allocations of the advanced energy project tax credit; allows a new tax credit for the labor costs of installing mechanical insulation property; allows a new tax credit to promote environmental justice programs (programs to improve health and economic outcomes of individuals residing in low-income areas or areas populated disproportionately by racial or ethnic minorities); and requires the Department of the Treasury to report on the utility of data from the Greenhouse Gas Reporting Program for determining the amount of greenhouse gases emitted by taxpayers for purposes of imposing a fee on them for such emissions.
Bill· HRH.R. 7351 (116th)referred
United States · United States Congress · 25 June 2020
Opportunity Starts At Home Act This bill allows a new tax credit for contributions to a reserve fund for low-income housing supportive services. These services include health services, job training, financial counseling, and resident engagement services and are provided at no cost to tenants of a qualified low-income building.
Bill· SS. 4071 (116th)referred
United States · United States Congress · 25 June 2020
American Citizen Coronavirus Relief Act This bill requires taxpayers and their dependent children to include a valid Social Security number on their tax returns in order to receive a 2020 recovery rebate. The bill allows a reduced rebate for taxpayers filing a joint return if one spouse provides a valid number.
Bill· SS. 4073 (116th)referred
United States · United States Congress · 25 June 2020
Neighborhood Homes Investment Act This bill establishes a new business-related tax credit to finance home building and rehabilitation in neighborhoods that meet certain eligibility criteria relating to poverty rates, income, and home values. The credit is limited to 35% of the lesser of the qualified development cost (i.e., the cost of construction, substantial rehabilitation, demolition, and environmental remediation of residential properties) or 80% of the national median sale price for new homes. The credit applies to single family homes containing four or fewer residential units, condominiums, or houses or apartments owned by cooperative housing corporations.
Bill· SS. 4085 (116th)referred
United States · United States Congress · 25 June 2020
Ending Taxpayer Funding of Anarchy Act This bill prohibits, for FY2021 and each fiscal year thereafter, a state or political subdivision of a state (state) that is an anarchist jurisdiction at any time during a fiscal year from receiving federal financial assistance from an executive agency during that fiscal year. Anarchist jurisdiction is defined as a state that has a statute, ordinance, policy, or practice in effect that, despite ongoing danger to individuals or property, allows any entity or official to purposefully (1) abdicate the reserved powers of the state to be performed by non-governmental actors in a manner that is detrimental to the health, safety, and welfare of its citizens; and (2) refuse to provide police, fire, or emergency medical services to one or more individuals in the state as a consequence of such abdication. If a state that is ineligible to receive such assistance during a fiscal year receives federal financial assistance, the agency shall direct the state to immediately return it and reallocate such assistance to states that are not anarchist jurisdictions.
Bill· SS. 4078 (116th)referred
United States · United States Congress · 25 June 2020
Emergency Affordable Housing Act of 2020 This bill enhances provisions of the low-income housing tax credit and adjusts the credit to provide assistance during the COVID-19 (i.e., coronavirus disease 2019) pandemic. Specifically, the bill increases to three years (currently, two years) following an allocation of housing credits, the period for making rehabilitation expenditures for a low-income housing tax credit project; extends to three years the period during which a project may be placed in service and remain eligible for the credit; reduces for a two-year period the financing percentage for an affordable housing project from 50% to 25%; establishes a 4% minimum credit rate for affordable housing projects that received a housing credit allocation after 2019; makes permanent the expansion of the 9% housing tax credit; increases the credit for low-income housing tax credit buildings that designate at least 20% of their occupied units for extremely low-income households; increases the credit during a specified temporary period to compensate for construction or leasing delays due to the COVID-19 pandemic; and allows a credit for low-income housing supportive services.
Bill· HRH.R. 7313 (116th)referred
United States · United States Congress · 24 June 2020
21st Century Aerospace Infrastructure Act of 2020 This bill directs the Department of Transportation (DOT) to establish a pilot program, through FY2023, to issue transportation infrastructure grants to operators of outer space launch sites for the construction, repair, or maintenance of infrastructure and facilities at such sites. A launch site means the location on Earth from which a launch takes place Grants issued to an operator may not exceed $2.5 million for a fiscal year. DOT may issue supplemental grants to operators in support of state, local, or private matching under specified conditions.
Bill· HRH.R. 7309 (116th)referred
United States · United States Congress · 24 June 2020
American Assistance for American Companies Act This bill disallows certain tax benefits for inverted domestic corporations. An inverted domestic corporation is a U.S. corporation that acquires foreign entities to reincorporate in a foreign jurisdiction with income tax rates lower than U.S. rates). Specifically, an inverted domestic corporation may not claim net operating loss carrybacks, increased deductibility of business interest, nor participate in Federal Reserve Lending Facilities. The bill allows an inverted domestic corporation to elect to be treated as a domestic corporation for U.S. tax purposes.
Bill· HRH.R. 7324 (116th)referred
United States · United States Congress · 24 June 2020
Universal Giving Pandemic Response Act This bill allows taxpayers who do not otherwise itemize their tax deductions to deduct from their gross income charitable contributions made in 2019 and 2020. The amount of such deduction may not exceed one-third of the taxpayer's standard deduction in any year.
Bill· HRH.R. 7318 (116th)referred
United States · United States Congress · 24 June 2020
Greener Transportation for Communities Act This bill authorizes the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure used to charge or fuel zero-emissions vehicles. The bill defines zero-emissions vehicles as (1) any any light-duty vehicle or light-duty truck conforming to the applicable low-emission vehicle standard, or any heavy-duty vehicle with an engine conforming to such standard; or (2) vehicles that produce zero exhaust emissions of any criteria pollutant (or precursor pollutant) or greenhouse gas under any possible operational modes and conditions.
Bill· SS. 4067 (116th)referred
United States · United States Congress · 24 June 2020
American Assistance for American Companies Act This bill disallows certain tax benefits for inverted domestic corporations. An inverted domestic corporation is a U.S. corporation that acquires foreign entities to reincorporate in a foreign jurisdiction with income tax rates lower than U.S. rates). Specifically, an inverted domestic corporation may not claim net operating loss carrybacks, increased deductibility of business interest, nor participate in Federal Reserve Lending Facilities. The bill allows an inverted domestic corporation to elect to be treated as a domestic corporation for U.S. tax purposes.
Bill· SS. 4063 (116th)referred
United States · United States Congress · 24 June 2020
Impact Aid Coronavirus Relief Act This bill allows local educational agencies (LEAs) participating in the Impact Aid Program to use the student count and federal property valuation data from their FY2021 program applications for their FY2022 program applications. The program provides funding to LEAs that have lost property tax revenue due to the presence of tax-exempt federal property or to those that have experienced increased expenditures due to enrollment of federally connected children (e.g., children living on Indian lands or military bases).
Bill· SS. 4049 (116th)open
United States · United States Congress · 23 June 2020
National Defense Authorization Act for Fiscal Year 2021 This bill authorizes FY2021 appropriations and sets forth policies for Department of Defense (DOD) programs and activities, including military personnel strengths. It does not provide budget authority, which is provided in subsequent appropriations legislation. The bill authorizes appropriations to DOD for Procurement, including aircraft, weapons and tracked combat vehicles, shipbuilding and conversion, and missiles; Research, Development, Test, and Evaluation; Operation and Maintenance; Working Capital Funds; Chemical Agents and Munitions Destruction; Drug Interdiction and Counter-Drug Activities; the Defense Inspector General; the Defense Health Program; the Armed Forces Retirement Home; Overseas Contingency Operations; and Military Construction. The bill authorizes the FY2021 personnel strengths for active duty and reserve forces and sets forth policies regarding military personnel; acquisition policy and management; Space Force matters; international programs; National Guard and Reserve Forces facilities; compensation and other personnel benefits; health care; DOD organization and management; civilian personnel matters; matters relating to foreign nations; and strategic programs, cyber, and intelligence matters. The bill authorizes appropriations for base realignment and closure activities, and maritime matters. The bill also authorizes appropriations and sets forth policies for Department of Energy national security programs, including the National Nuclear Security Administration and the Defense Nuclear Facilities Safety Board.
Bill· SS. 4039 (116th)referred
United States · United States Congress · 23 June 2020
Telemedicine Everywhere Lifting Everyone's Healthcare Experience And Long Term Health HSA Act of 2020 or the TELEHEALTH HSA Act of 2020 This bill makes permanent the preferred treatment of telehealth and other remote care services for purposes of health savings accounts.
Bill· SS. 4040 (116th)referred
United States · United States Congress · 23 June 2020
Gun Owner Privacy Act This bill restricts the use of federal funds in connection with the implementation and operation of a firearms-related background check system. Specifically, it prohibits the use of federal funds for a firearms-related background check system that does not immediately destroy all information about a person who is eligible to own firearms, or the implementation or collection of a tax or fee in connection with a firearms-related background check.
Bill· SS. 4041 (116th)referred
United States · United States Congress · 23 June 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.
Bill· HRH.R. 7288 (116th)referred
United States · United States Congress · 22 June 2020
Taxpayer Research and Coronavirus Knowledge Act of 2020 This bill requires the Department of Health and Human Services (HHS), in coordination with specified federal agencies, to compile a public, searchable database of federal contracts, tax benefits, and other support for COVID-19 (i.e., coronavirus disease 2019) biomedical research and development, including information regarding the source and amount of such support. HHS must develop the database within one month and update it every two weeks.
Bill· HRH.R. 7295 (116th)referred
United States · United States Congress · 22 June 2020
Student Recovery Eligibility for Low-Income Individuals to Exact Funds Act of 2020 or the Student RELIEF Act of 2020 This bill increases the 2020 recovery rebate allowed during the COVID-19 (i.e., coronavirus disease 2019) emergency period for dependents who are students eligible for Pell Grants.
Bill· SS. 4031 (116th)referred
United States · United States Congress · 22 June 2020
American Tax Rebate and Incentive Program Act or the American TRIP Act This bill allows individual taxpayers a new nonrefundable tax credit in 2020 and 2021 for certain travel, hospitality, and entertainment expenses. The bill directs the Department of Commerce to award grants to states to support destination marketing organizations. The bill defines destination marketing organization as a state or nonprofit entity engaged in marketing and promoting communities and facilities to business and leisure travelers by assisting with the location of meeting and convention sites, providing travel information and maps, and organizing group tours.
Bill· SS. 4032 (116th)referred
United States · United States Congress · 22 June 2020
Universal Giving Pandemic Response Act This bill allows taxpayers who do not otherwise itemize their tax deductions to deduct from their gross income charitable contributions made in 2019 and 2020. The amount of such deduction may not exceed one-third of the taxpayer's standard deduction in any year.