Taxation

Fairness in Federal Disaster Declarations Act of 2021

United States · United States Congress · 15 July 2021

Fairness in Federal Disaster Declarations Act of 2021 This bill requires the Federal Emergency Management Agency (FEMA) to amend the rules concerning the factors it considers when evaluating a governor's request for a major disaster declaration. FEMA must (1) provide that, with respect to the evaluation of the need for public assistance, specific weighted valuations shall be assigned to the estimated cost of the assistance (10%), localized impacts (40%), insurance coverage in force (10%), hazard mitigation (10%), recent multiple disasters (10%), programs of other federal assistance (10%), and economic circumstances (10%); and (2) consider the economic circumstances of both the local economy of the affected area (including the local assessable tax base and local sales tax, median income, and poverty rate) and the state economy (including the unemployment rate). Such rules are applicable to any disaster for which a governor requested a major disaster declaration and was denied on or after January 1, 2012.

REVIEW OF THE FISCAL YEAR 2022 USAID BUDGET REQUEST

United States · United States Senate · 14 July 2021

DEPARTMENTS OF LABOR, HEALTH AND HUMAN SERVICES, AND EDUCATION, AND RELATED AGENCIES APPROPRIATIONS FOR FISCAL YEAR 2022

United States · United States Senate · 14 July 2021

[H.A.S.C. No. 117-53] FISCAL YEAR 2022 BUDGET REQUEST FOR MILITARY CONSTRUCTION, ENERGY, AND ENVIRONMENT PROGRAMS

United States · United States House of Representatives · 14 July 2021

Intelligence Community Workforce Agility Protection Act of 2021

United States · United States Congress · 14 July 2021

Intelligence Community Workforce Agility Protection Act of 2021 This bill allows a current tax deduction for the moving expenses of an employee or new appointee of the intelligence community who moves due to a change in assignment that requires relocation. It also allows a current tax exclusion for such employees or appointees for moving expense reimbursements. Under current law, the tax deduction and exclusion for the moving expenses of other taxpayers are suspended for the period beginning in 2018 through 2025.

[H.A.S.C. No. 117-52] FISCAL YEAR 2022 BUDGET REQUEST OF THE DEPARTMENT OF DEFENSE FOR FIXED-WING TACTICAL AND TRAINING AIRCRAFT PROGRAMS

United States · United States House of Representatives · 13 July 2021

FINANCIAL SERVICES AND GENERAL GOVERNMENT APPROPRIATIONS FOR FISCAL YEAR 2022

United States · United States Senate · 13 July 2021

United States Commitment to Peacekeeping Act of 2021

United States · United States Congress · 13 July 2021

United States Commitment to Peacekeeping Act of 2021 This bill repeals a limit on U.S. funding for, details U.S. policy objectives for, and revises reporting requirements related to United Nations (U.N.) peacekeeping operations. Under current law, the United States may contribute no more than 25% of the assessed costs for a U.N. peacekeeping operation; the bill eliminates that funding restriction. The Department of State must instruct the U.S. Permanent Representative to the United Nations to advance the U.S. policy objectives outlined in the bill for standardizing performance assessments of, diversifying the funding base for, and other aspects of U.N. peacekeeping operations. The bill modifies annual reports about U.S. participation in U.N. activities by eliminating a requirement to report on costs of U.N. peacekeeping operations in the prior fiscal year and by adding a requirement to report on U.S. efforts to implement reforms of U.N. peacekeeping. Additionally, the State Department must report on (1) strengthening the role of conflict prevention in U.N. missions, and (2) transitioning U.N. peacekeeping operations to host-country security forces.

Upskilling and Retraining Assistance Act

United States · United States Congress · 13 July 2021

Upskilling and Retraining Assistance Act This bill increases to $12,000 in 2021-2022, the exclusion from employee gross income, for income tax purposes, of employer-paid educational assistance programs. The bill also expands the exclusion to include amounts paid for education-related tools and technology (e.g., hand tools, computers, software, licensure fees).

To amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.

United States · United States Congress · 13 July 2021

This bill sets forth special tax rules for determining whether financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.

Upward Mobility Enhancement Act

United States · United States Congress · 13 July 2021

Upward Mobility Enhancement Act This bill increases the amount of the tax exclusion for employer-paid educational assistance programs. It also expands the exclusion to include amounts paid for education-related tools and technology (e.g., hand tools, computers, software, licensure fees).

Carbon Capture Improvement Act of 2021

United States · United States Congress · 13 July 2021

Carbon Capture Improvement Act of 2021 This bill authorizes the issuance of tax-exempt facility bonds for the financing of qualified carbon dioxide capture facilities. A qualified carbon dioxide capture facility is any equipment installed in an industrial carbon dioxide facility that satisfies specified capture and storage requirements and (1) is used for the capture, treatment and purification, compression, transportation, or on-site storage of carbon dioxide produced by the industrial carbon dioxide facility; or (2) is integral or functionally related and subordinate to a gasification process that converts a product from coal, petroleum residue, biomass, or other materials that are recovered for their energy or feedstock value into a synthesis gas composed primarily of carbon dioxide and hydrogen for direct use or subsequent chemical or physical conversion.

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2021

United States · United States Congress · 13 July 2021

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2021 This bill extends through 2024 the election to expense (i.e., deduct in the current taxable year) environmental remediation costs (i.e., costs for the abatement or control of hazardous substances at a qualified contaminated site). The bill applies to expenditures paid or incurred after December 31, 2020.

A bill making emergency supplemental appropriations for the fiscal year ending September 30, 2021, and for other purposes.

United States · United States Congress · 12 July 2021

This bill provides FY2021 emergency supplemental appropriations for federal agencies to respond to the events at the U.S. Capitol Complex on January 6, 2021. Specifically, the bill provides appropriations for the National Guard, the Capitol Police, and the Architect of the Capitol.

Twenty-First Century Dams Act

United States · United States Congress · 9 July 2021

Twenty-First Century Dams Act This bill addresses dam infrastructure and safety. First, the bill provides resources for programs related to state dam safety, the rehabilitation of high hazard potential dams, and the inspection of dams. In particular, the bill reauthorizes through FY2026 the National Dam Safety Program. In addition, the bill reauthorizes through FY2026 a program related to the rehabilitation of structural measures and a program related to water infrastructure. Next, the bill allows a new tax credit for maintaining and enhancing hydroelectric dams that is equal to 30% of the basis of any qualified dam safety, environmental, and grid resilience enhancement property placed in service in a taxable year. It also allows a 30% credit for qualified obsolete river obstruction removal expenditures for demolishing and removing certain nonpowered or hydroelectric dams. The bill directs the Department of the Army to establish a program to carry out dam removal projects. Further, the bill establishes the Dam Removal Council to (1) coordinate with participating federal agencies to annually notify all known dam owners of the availability of dam removal funding and provide guidance on the existing programs of participating agencies; (2) evaluate and submit to Army recommendations for dam removal projects, technical assistance programs, and funding allocations; and (3) develop a dam removal strategy. The bill requires certain dam assessments, including a joint assessment by the U.S. Geological Survey and the Department of Energy. The bill also authorizes specified federal agencies to undertake certain activities related to federal dam infrastructure.

Amending the Rules of the House of Representatives to require the Committee on Appropriations to maintain proposed and historical budget authority and outlays for each category of spending.

United States · United States Congress · 9 July 2021

This resolution requires the House Appropriations Committee to maintain proposed and historical budget authority and outlays for each category of spending. Such data shall cover a period comprising the 10 fiscal years immediately preceding the budget year, and be kept up-to-date and provided on the public website of the committee.

New Collar Jobs Act of 2021

United States · United States Congress · 9 July 2021

New Collar Jobs Act of 2021 This bill provides incentives for cybersecurity education. Specifically, the bill establishes an employee cybersecurity education tax credit for an employer who incurs costs for an employee who earns a certain cybersecurity certificate or degree. If a business claims such a credit, then federal agencies must award a score increase to each competitive proposal submitted by the business for a federal contract valued at more than $5 million. In addition, the Department of Education must cancel eligible student loans for borrowers who have (1) made 36 consecutive monthly payments, and (2) held a cybersecurity job in an economically distressed area during at least 12 months of payments. Finally, the bill makes cybersecurity course instructors eligible for awards under the CyberCorps Scholarship for Service program.

BOOST Act of 2021

United States · United States Congress · 6 July 2021

Better Opportunity and Outcomes for Socially Disadvantaged Talent Act of 2021 or the BOOST Act of 2021 This bill allows an exclusion from gross income, for income tax purposes, of 50% of any gain from the sale or exchange of a certified equity interest held for more than 3 years for corporations and partnerships in which a socially disadvantaged individual who is a U.S. citizen has an ownership interest.

OPEN Act

United States · United States Congress · 6 July 2021

Openness in Political Expenditures Now Act or the OPEN Act This bill requires each corporation that submits regular and periodic reports to shareholders to (1) include information about certain political activities during the time period covered by the report, and (2) provide copies of reports disclosing political activities to the Federal Election Commission. The bill also prohibits an organization from obtaining tax-exempt status under Section 501(c)(4) of the Internal Revenue Code if its expenditures on covered political activities exceed certain thresholds in a taxable year.

National Defense Authorization Act for Fiscal Year 2022

United States · United States Congress · 2 July 2021

National Defense Authorization Act for Fiscal Year 2022 This bill authorizes FY2022 appropriations for military activities and programs of the Department of Defense (e.g., personnel; research, development, test, and evaluation; and procurement of items such as aircraft, missiles, and ammunition). It also prescribes military personnel strengths for FY2022.

Child Care Flexibility for Working Families Act

United States · United States Congress · 2 July 2021

Child Care Flexibility for Working Families Act This bill modifies the tax credit for employer-provided child care to (1) allow the credit for the reimbursement of costs necessary for an employee's employment, and (2) allow an increased credit for certain small businesses (i.e., businesses with gross receipts not exceeding $25 million and with not more than 50 employees in a taxable year). The bill also requires the Government Accountability Office to complete a study that examines certain aspects of the tax credit.

NFA SBS Act

United States · United States Congress · 1 July 2021

No Frivolous Application for Short-Barreled Shotguns Act or the NFA SBS Act This bill removes certain short-barreled shotguns from the definition of firearms for purposes of the National Firearms Act. It also eliminates the prohibition on the sale or transportation of such shotguns in interstate commerce and treats persons who acquire or possess a short-barreled shotgun as meeting the registration or licensing requirements for such shotguns where such requirements are determined by reference to the National Firearms Act. The bill preempts state or local laws that impose a tax or recordkeeping requirements on short-barreled shotguns. The Department of Justice must destroy records relating to the registration of shotguns described by this bill within one year after the enactment of this bill.

CHIPS and Science Act

United States · United States Congress · 1 July 2021

Legislative Branch Appropriations Act, 2022 This bill provides FY2022 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 FY2022 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.

Clean Energy Innovation and Deployment Act of 2021

United States · United States Congress · 1 July 2021

Clean Energy Innovation and Deployment Act of 2021 This bill sets forth provisions to reduce greenhouse gas emissions, including by establishing (1) a Clean Energy Deployment Administration within the Department of Energy; (2) a zero-emission electricity standard; and (3) incentives, such as tax credits and grants, to power companies for the accelerated deployment of 80% and 100% zero-emission electricity systems. It also reauthorizes through FY2026 and revises the Weatherization Assistance Program.

Fair Allocation of Highway Funds Act of 2021

United States · United States Congress · 1 July 2021

Fair Allocation of Highway Funds Act of 2021 This bill revises the methodology for apportioning federal highway funds among states. Specifically, the bill adjusts each state's apportionment to account for both certain tax payments attributable to highway users in the state and other federal taxes collected in the state relative to such taxes collected in all states. The bill also caps the apportionment that each state may receive.

Financial Services and General Government Appropriations Act, 2022

United States · United States Congress · 1 July 2021

Financial Services and General Government Appropriations Act, 2022 This bill provides FY2022 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.

Primary Care Enhancement Act of 2021

United States · United States Congress · 1 July 2021

Primary Care Enhancement Act of 2021 This bill permits a taxpayer with a primary care service arrangement whose fixed periodic fee does not exceed $150 a month to participate in and contribute to a health savings account.

Help Our Businesses Recover Act of 2021

United States · United States Congress · 1 July 2021

Help Our Businesses Recover Act of 2021 This bill eliminates, for taxable years ending in 2020, the base erosion minimum tax rate applicable to certain large corporations that have deductions with respect to amounts paid or accrued to foreign-related parties exceeding 3% of their total deductions.

Guaranteed Income Pilot Program Act of 2021

United States · United States Congress · 1 July 2021

Guaranteed Income Pilot Program Act of 2021 This bill directs the Department of Health and Human Services (HHS) to establish and implement a three-year pilot program to provide a guaranteed monthly income to individual taxpayers between the ages of 18-65. HHS must consult with the Internal Revenue Service and certain nonpartisan and nonprofit agencies or academic institutions with expertise in social science experimentation to develop and award income subsidies to eligible taxpayers and to conduct a study on the outcomes of the program.

To amend the Internal Revenue Code of 1986 is amended to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions.

United States · United States Congress · 1 July 2021

This bill allows a tax deduction for the investment advisory expenses of certain funeral trusts and cemetery perpetual care funds during the period in which the allowance of miscellaneous itemized deductions is suspended (i.e., 2018 through 2025).

[H.A.S.C. No. 117-51] HEARING ON NATIONAL DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2022 AND OVERSIGHT OF PREVIOUSLY AUTHORIZED PROGRAMS BEFORE THE COMMITTEE ON ARMED SERVICES HOUSE OF REPRESENTATIVES ONE HUNDRED SEVENTEENTH CONGRESS FIRST SESSION

United States · United States House of Representatives · 30 June 2021

Workforce for an Expanding Economy Act

United States · United States Congress · 30 June 2021

Workforce for an Expanding Economy Act This bill establishes a new nonimmigrant visa for temporary nonagricultural workers (H-2C visa) to fill jobs that have remained open for a certain amount of time and are located in an area where the unemployment rate is 4.9% or less. This visa shall only be available for certain occupations, and those requiring a bachelor's degree or higher level of education shall not be eligible. The bill imposes various requirements related to H-2C positions, such as requiring that the employer make certain efforts to recruit a U.S. worker beforehand. The employer must register the opening before filling it with an H-2C worker, and the Department of Homeland Security (DHS) shall maintain a publicly available registry of registered positions. For the first fiscal year after the bill's enactment, no more than 65,000 positions may be registered. For subsequent fiscal years, the number shall be increased or decreased depending on how many positions were registered the previous year and how quickly the allotment was filled. A certain number of allocations shall be reserved for small businesses. An employer seeking to hire H-2C workers shall register with DHS and provide documentation establishing that the employer meets various qualifications. An employer may become ineligible for registration for certain actions, such as having been penalized for a pattern of willful violation of wage and hour laws. H-2C workers shall not be entitled to certain federal public benefits. The Bureau of the Census shall report to Congress on the impact of the H-2C program.

USA Workforce Tax Credit Act

United States · United States Congress · 30 June 2021

USA Workforce Tax Credit Act This bill allows tax credits for charitable contributions to certain nonprofit organizations with the exclusive purpose of providing (1) workforce development and apprenticeship training, or (2) scholarships for elementary and secondary education expenses of students from households with income that does not exceed 200% of the median gross income. The bill limits the credits to specified amounts for individuals and corporations. It also (1) imposes a tax on workforce development, apprenticeship training, and scholarship granting organizations that fail to distribute a specified portion of their receipts; and (2) establishes a $2 billion annual volume cap for the tax credits allowed under this bill.

Health CARE Training Act

United States · United States Congress · 30 June 2021

Health Career Advancement and Remuneration Exclusion for Training Act or the Health CARE Training Act This bill adds requirements to and otherwise modifies the Health Profession Opportunity Grants program. The program awards grants for demonstration projects to provide Temporary Assistance for Needy Families recipients and other low-income individuals with education and training for health care occupations that pay well and have labor shortages or are in high demand. Specifically, entities administering the projects must provide participants with education and training to obtain a post-secondary credential that meets the standards of the state in which the project is conducted or that meets standards set by the Department of Health and Human Services, as applicable. In addition, the bill expressly excludes cash stipends or emergency assistance paid to project participants from income for federal income tax purposes.

WISH Act

United States · United States Congress · 30 June 2021

Well-Being Insurance for Seniors to be at Home Act or the WISH Act This bill provides initial funding to establish a federal long-term care insurance benefit and puts in place a new payroll tax to finance the benefit in the future. The initial funding for the benefit and related outreach must be repaid to the Department of the Treasury within 10 years.

Expressing the sense of the House of Representatives that welfare programs discourage marriage and hurt the institution of the family in the United States.

United States · United States Congress · 30 June 2021

This resolution expresses the sense that welfare programs discourage marriage and hurt the institution of the family. It also supports action to review and change governmental programs, tax credits, or policies that financially penalize married couples as opposed to unmarried individuals.

Multi-State Worker Tax Fairness Act of 2021

United States · United States Congress · 30 June 2021

Multi-State Worker Tax Fairness Act of 2021 This bill limits the authority of a state to impose its income tax on the compensation of a nonresident individual to the period in which the nonresident individual is physically present in the state.

Supporting America’s Young Entrepreneurs Act of 2021

United States · United States Congress · 30 June 2021

Supporting America's Young Entrepreneurs Act of 2021 This bill provides deferment and cancellation of federal student loans for certain founders and employees of small business start-ups. The bill also establishes a young entrepreneurs business center. First, the bill allows a founder of a small business start-up to defer student loan payments for up to three years. Next, the bill directs the Department of Education (ED) to cancel up to $20,000 in federal student loan debt for a borrower who (1) has made 24 monthly payments on the loan while employed as a founder of a small business start-up in a distressed area, (2) is approved for loan cancellation by the young entrepreneurs business center established by the bill, and (3) is not currently in default on the loan. Further, ED must cancel up to $3,000 in federal student loan debt for a borrower who (1) has made 12 monthly payments on the loan while employed full-time by a small business start-up, and (2) is not currently in default on the loan. The bill also excludes from an individual's gross income, for income tax purposes, the amount of such canceled student loan debt. Finally, the bill establishes a young entrepreneurs business center within the Small Business Administration to certify small business start-ups, identify distressed areas, and approve loan cancellations. To be certified by the center, a start-up must have a founder who is a recent graduate of an institution of higher education.

Audit the Pentagon Act of 2021

United States · United States Congress · 30 June 2021

Audit the Pentagon Act of 2021 This bill requires defense spending reductions during any fiscal year after FY2022 where the Comptroller of the Department of Defense (DOD) fails to certify that a department, agency, or other element of DOD has achieved an unqualified opinion on its full financial statements. The amount of any reductions must be deposited in the General Fund of the Department of the Treasury and must be available for deficit reduction. The bill excludes from any reductions accounts related to military personnel, reserve personnel, National Guard personnel, and the Defense Health Program. The President may waive a reduction if the President certifies that a reduction would negatively affect (1) national security or members of the Armed Forces who are deployed in combat zones, or (2) the Defense Health Program account.

Low Carbon Biofuel Act

United States · United States Congress · 30 June 2021

Low Carbon Biofuel Act This bill allows certain taxpayers (defined by this bill as an oxygenate blender and a retailer ) a new business-related income tax credit for the sale or blending of E15 gasoline (more than 13 and not more than 15 volume percent ethanol) and other fuels containing more than 15 volume percent ethanol.

End Zuckerbucks Act

United States · United States Congress · 30 June 2021

End Zuckerbucks Act This bill prohibits tax-exempt charitable organizations from providing direct funding to official election organizations.

[H.A.S.C. No. 117-50] Department of Defense Information Technology, Cybersecurity, and Information Assurance for Fiscal Year 2022

United States · United States House of Representatives · 29 June 2021

[H.A.S.C. No. 117-49] THE FISCAL YEAR 2022 NATIONAL DEFENSE AUTHORIZATION BUDGET REQUEST FOR THE DEPARTMENT OF THE ARMY

United States · United States House of Representatives · 29 June 2021

Tax Deadline Simplification Act

United States · United States Congress · 29 June 2021

Tax Deadline Simplification Act This bill requires individual estimated income tax to be paid on a quarterly basis.

Save Affordable Housing Act of 2021

United States · United States Congress · 28 June 2021

Save Affordable Housing Act of 2021 This bill revises the low-income housing tax credit to repeal the qualified contract option for a building that received its allocation of housing credit dollar amount before January 1, 2019, or received before that date, a determination from the bond issuer or housing credit agency of its eligibility to receive an allocation of a housing credit dollar amount. Under current law, properties eligible for the low-income housing tax credit are subject to a 30-year affordability period, during which the value of properties is set at a below market rate. The qualified contract option allows property owners, in some cases, to convert to market rate after 15 years.

Affordable HOUSE Act of 2021

United States · United States Congress · 28 June 2021

Affordable Housing Opportunities for Utilization, Sustainment, and Expansion Act of 20 21 or the Affordable HOUSE Act of 2021 This bill modifies the low-income housing tax credit basis limitation rules applicable to the acquisition of buildings in service within the previous 10 years.

Disaster Reforestation Act

United States · United States Congress · 28 June 2021

Disaster Reforestation Act This bill sets forth a special rule for the tax deduction for casualty losses of uncut timber (including pre-merchantable timber). It provides that in losses of any uncut timber from fire, storm, insects, invasive species, drought, or other casualty, or from theft, the basis for determining the amount of the deduction for such loss shall not be less than the excess of the value of such timber determined immediately before such loss was sustained, over the salvage value of such timber. To be eligible for the casualty loss deduction, the uncut timber subject to the loss must be reforested not later than the close of the five-year period beginning on the date of the loss.

To extend the authority to collect Shasta-Trinity Marina fees through fiscal year 2027.

United States · United States Congress · 25 June 2021

This bill extends through FY2027 the authority of the Department of Agriculture to collect fees for a marina in the Shasta-Trinity National Forest in California.

Black Farmers and Socially Disadvantaged Farmers Increased Market Share Act

United States · United States Congress · 25 June 2021

Black Farmers and Socially Disadvantaged Farmers Increased Market Share Act This bill addresses ways to increase market access for socially disadvantaged farmers and ranchers and to ensure civil rights accountability for Department of Agriculture (USDA) employees. ( Socially disadvantaged farmers and ranchers are those who have been subjected to racial or ethnic prejudice because of their identity as members of a group without regard to individual qualities.) Specifically, USDA must establish a program to make grants to support new or expanding food hubs designed to increase market access for socially disadvantaged farmers and ranchers. USDA shall establish a process to prioritize the purchase of agricultural food products from socially disadvantaged farmers and ranchers. That process must account for barriers to market entry faced by socially disadvantaged farmers and ranchers while maintaining the integrity of the purchasing process. The bill also establishes an agriculture hub income tax credit, which shall be an amount equal to 25% of the qualified food hub expenses for the taxable year. USDA must (1) ensure that its officials and employees are held accountable for engaging in discriminatory or retaliatory actions, harassment, civil rights violations, or related misconduct; and (2) bear the burden of proving by substantial evidence that an adverse decision was valid.

Taxpayer Protection and Preparer Proficiency Act of 2021

United States · United States Congress · 25 June 2021

Taxpayer Protection and Preparer Proficiency Act of 2021 This bill authorizes the Department of the Treasury to regulate tax return preparers, including by sanctioning preparers for incompetence and disreputable behavior and by establishing minimum competency standards for preparers.