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Bill· HRH.R. 9702 (117th)referred
United States · United States Congress · 30 December 2022
This bill exempts a trade or business that conducts marijuana sales in compliance with state law from a provision in the Internal Revenue Code that prohibits business-related tax credits or deductions for expenditures in connection with trafficking in controlled substances.
Resolution· HRESH.Res. 1531 (117th)passed
United States · United States Congress · 23 December 2022
Sets forth the rule for consideration of the Senate amendment to the House amendment to the Senate amendment to the bill (H.R. 2617) to amend section 1115 of title 31, United States Code, to amend the description of how performance goals are achieved, and for other purposes; relating to consideration of the Senate amendment to the bill (H.R. 4373) making appropriations for the Department of State, foreign operations, and related programs for the fiscal year ending September 30, 2022, and for other purposes; relating to consideration of the Senate amendments to the bill (H.R. 1082) to prohibit the unauthorized sale of ride-hailing signage and study the incidence of fatal and non-fatal assaults in TNC and for-hire vehicles in order to enhance safety and save lives.
Bill· HJRESH.J.Res. 106 (117th)referred
United States · United States Congress · 23 December 2022
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year or 18.5% of the economic output of the United States. The amendment also requires a cancellation of budget authority that is equal to the amount by which total outlays exceeded these limits during the preceding fiscal year. The amendment requires a three-fourths roll call vote of each chamber of Congress to increase the public debt limit or increase revenue. The amendment also requires the President to submit an annual budget in which total outlays do not exceed total receipts. Congress may waive these requirements due to a declaration of war or a military conflict that causes an imminent and serious military threat to national security.
Bill· HRH.R. 9678 (117th)referred
United States · United States Congress · 22 December 2022
Earth Act of 2022 This bill addresses climate change by establishing requirements concerning renewable energy, zero emission vehicles, regenerative agriculture, and tax incentives related to climate transition costs. Specifically, the bill requires that by 2030, 100% of electricity sold by certain retail electric suppliers must be from renewable energy resources (e.g., wind energy); new motor vehicles (e.g., certain cars and trucks) sold by manufacturers must be zero emission vehicles; land and livestock managed by certain publicly-traded corporations must be managed with regenerative agricultural practices. The Department of Energy (DOE), the Department of Transportation, and the Department of Agriculture (USDA) must create grants to pay up to 50% of the costs of meeting those requirements. DOE must also issue regulations regarding the sourcing, recycling, and disposal of materials used to manufacture renewable energy sources (e.g., equipment that stores renewable energy). The goals of the regulations must be to (1) eliminate the use of rare earth metals in the manufacture of those sources, and (2) ensure the recycling of all such materials. USDA must issue regulations that (1) require the reduction of greenhouse gas emissions resulting from certain land or livestock corporations, and (2) ensure the well-being of animals raised for human consumption or the production of dairy products. The bill also provides tax incentives for electric suppliers, vehicle manufacturers, and such corporations to meet the requirements established by this bill by allowing them to double certain tax deductions for qualified capital climate transitions costs.
Bill· HRH.R. 9680 (117th)referred
United States · United States Congress · 22 December 2022
This bill imposes a 15% flat tax on the taxable income of each individual taxpayer. It defines taxable income as the excess of the sum of wages, taxable retirement distributions, plus unemployment compensation, over the standard deduction. The bill also imposes a 15% flat tax on business taxable income and on noncash compensation provided to employees not engaged in business activity. The bill repeals various existing tax provisions, including the alternative minimum tax, certain tax credits, and estate and gift taxes.
Bill· HRH.R. 9687 (117th)referred
United States · United States Congress · 22 December 2022
Medical Innovation Act of 2022 This bill requires certain drug manufacturers to make payments to fund research supported by the Food and Drug Administration (FDA) and the National Institutes of Health (NIH). A drug manufacturer with over $1 billion in net income in a fiscal year that has entered into a relevant settlement agreement regarding specified violations must pay 0.75%-1.5% of its net income to the Department of Health and Human Services for each of its covered blockbuster drugs. A covered blockbuster drug is a drug that has at least $1 billion in net sales in a year and was developed, in whole or in part, through federal investments in medical research. Payments are divided between the FDA and the NIH in proportion to the discretionary funding of those agencies, excluding FDA user fees. Payments are not disbursed if appropriations for the FDA or the NIH are lower than in the prior fiscal year. Priorities for payments must include advancing regulatory science for medical products and research related to diseases that disproportionately account for federal health care spending. A covered blockbuster drug for which a manufacturer has not made a required payment is considered misbranded and subject to prohibitions on introducing or receiving misbranded drugs in interstate commerce.
Bill· HRH.R. 9685 (117th)referred
United States · United States Congress · 22 December 2022
Refugee Protection Act of 2022 This bill modifies provisions related to asylum seekers and addresses related issues. For example, the bill (1) eliminates the statutory time limit for applying for asylum (currently one year after arriving in the United States), (2) establishes stateless protected status for individuals who are not considered a national by any country under that country’s law, and (3) requires the goal for refugee admissions for any given fiscal year to be no fewer than 125,000.
Bill· HRH.R. 9677 (117th)referred
United States · United States Congress · 22 December 2022
Low-Income Tax Clinic Modernization Act This bill modifies provisions relating to clinics that provide free representation to low-income taxpayers in tax controversies before the Internal Revenue Service (IRS). It expands the definition of low-income taxpayer clinics to require clinics to provide technical advice and litigation support for its programs. The bill also increases the aggregate amount that the IRS may allocate for grants to such clinics and the annual amount of such grants.
Bill· HRH.R. 9649 (117th)referred
United States · United States Congress · 21 December 2022
Emerging Business Encouragement Act of 2022 This bill directs the Small Business Administration (SBA) to establish criteria and procedures for small businesses to be designated as emerging business enterprises. The bill provides for various benefits to such enterprises, such as waiving various loan fees and requiring federal agencies to award at least 3% of contracts in each fiscal year to such enterprises.
Resolution· HRESH.Res. 1529 (117th)passed
United States · United States Congress · 21 December 2022
Sets forth the rule for consideration of the bill (H.R. 9640) to amend the Internal Revenue Code of 1986 to provide for examination and disclosure with respect to Presidential income tax returns; providing for consideration of the bill (S. 1942) to standardize the designation of National Heritage Areas, and for other purposes.
Bill· HRH.R. 9646 (117th)referred
United States · United States Congress · 21 December 2022
Eliminating Backlogs Act of 2022 This bill increases the number of employment-based immigration visas available. The total number of additional visas made available under this bill shall be based on a formula relating to certain types of visas issued from FY1992-FY2021. These visas shall be available in FY2023 and in subsequent fiscal years until they are used. Furthermore, the yearly cap on the number of employment-based immigration visas that are made available to a single country shall not apply to the visas made available under this bill. (Generally, individuals from a single country may only receive up to 7% of such visas made available in a fiscal year.)
Bill· HRH.R. 9655 (117th)referred
United States · United States Congress · 21 December 2022
Medicare for America Act of 2019 [ sic ] This bill establishes several health insurance programs and otherwise modifies certain requirements relating to health care coverage, costs, and services. In particular, the bill establishes a national health insurance program to be administered by the Department of Health and Human Services (HHS). Among other requirements, the program must (1) cover all U.S. residents; (2) cover specified items and services, including hospital services, prescription drugs, dental services, and home- and community-based long-term care; and (3) be fully implemented in 2026. HHS must also offer a transitional public health option that provides certain minimum coverage through health insurance exchanges in 2024 and 2025. The bill also makes a series of other changes to health care and tax provisions. For example, the bill (1) allows federal funds to be used for abortions; (2) sunsets a specified tax reform law that, among other things, repealed the penalty for failing to maintain minimum essential health coverage; and (3) prohibits excessive prices for prescription drugs and medical devices, as determined by a newly established federal regulatory board.
Bill· HRH.R. 9640 (117th)open
United States · United States Congress · 21 December 2022
Presidential Tax Filings and Audit Transparency Act of 2022 This bill requires the Internal Revenue Service (IRS) to conduct an examination to determine the correctness of a Presidential income tax return as rapidly as practicable after it is filed. The IRS must disclose and make publicly available (on the internet) an initial report, periodic reports, and a final report on the examination of such tax returns. The final report must include the date on which the IRS examination of the return was completed, a list of audit materials, and a description of each proposed adjustment to a return and any controversy relating to its examination. This disclosure of tax return information is an exception to the general rule of confidentiality of taxpayer returns. The bill defines Presidential income tax return as any relevant income tax return of (1) a president while the president is in office, (2) the spouse of a president, (3) a corporation or partnership controlled by a president or a president's spouse, and (4) the estate of a president or a president's spouse.
Bill· HRH.R. 9668 (117th)referred
United States · United States Congress · 21 December 2022
School Infrastructure Finance and Innovation Act or the SIFIA Act This bill allows a new tax credit for the issuance of school infrastructure finance and innovation bonds (SIFIA bonds). The bill defines SIFIA bonds as any bond issue if 100% of the project proceeds of such issue are to be used for the design, construction, expansion, renovation, furnishing, or equipping of qualified school facilities.
Bill· SS. 5353 (117th)referred
United States · United States Congress · 21 December 2022
Refugee Protection Act of 2022 This bill modifies provisions related to asylum seekers and addresses related issues. For example, the bill (1) eliminates the statutory time limit for applying for asylum (currently one year after arriving in the United States), (2) establishes stateless protected status for individuals who are not considered a national by any country under that country’s law, and (3) requires the goal for refugee admissions for any given fiscal year to be no fewer than 125,000.
Bill· SS. 5349 (117th)referred
United States · United States Congress · 21 December 2022
International Competition for American Jobs Act This bill modifies provisions relating to the taxation of foreign entities. Among other provisions, the bill makes permanent the look-thru rule for controlled foreign corporations (CFCs). (A look-thru rule provides that dividends, interest, rents and royalties that one CFC receives or accrues from a related CFC are not treated as foreign personal holding company income); modifies the tax deduction for foreign-derived intangible income and global intangible low-taxed income; modifies the base erosion minimum tax (10% minimum tax imposed to prevent corporations operating in the United States from avoiding tax liability by shifting profits out of the United States); modifies tax rules allocating certain tax deductions for purposes of the foreign tax credit limitation; restores the limitation on the attribution of stock ownership for purposes of applying constructive ownership rules; and includes specified amounts in the gross income of CFC shareholders.
Bill· SS. 5323 (117th)open
United States · United States Congress · 20 December 2022
State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act This bill allows states, tribes, territories, and localities to use certain COVID-19 relief funds for new categories of spending, including for natural disasters and infrastructure projects. It also makes changes to expenditure deadlines and other aspects of this funding. Specifically, recipients may use funds for emergency relief from natural disasters and associated negative economic impacts of natural disasters. In addition, recipients may use a portion of their COVID-19 relief funds for designated infrastructure projects, such as nationally significant freight and highway projects. Furthermore, the bill allows recipients to expend COVID-19 relief funds on these types of infrastructure projects until September 30, 2026. Under current law, recipients must expend the funds by December 31, 2024. Other changes in the bill include (1) modifying eligibility and allocation requirements for funding set aside for counties and Indian tribes that are near public lands, (2) allowing Indian tribes an additional year to expend their COVID-19 relief funds, and (3) establishing a process for government entities to decline COVID-19 relief funds and requiring any declined funds to be used to reduce the federal deficit.
Bill· HRH.R. 9639 (117th)referred
United States · United States Congress · 20 December 2022
Higher Standards for Higher Education Act This bill requires the Department of Education, in its annual report on cohort default rates (generally, a percentage of how many current and former students default on their student loans in a fiscal year), to collect and report additional data for institutions of higher education with an endowment of $1 billion or more.
Bill· HRH.R. 9629 (117th)referred
United States · United States Congress · 20 December 2022
Corporate Responsibility and Taxpayer Protection Act of 2022 This bill imposes an excise tax on large employers (employing an average of at least 500 full-time employees in the preceding calendar year) for qualified federal benefits received by their employees. The bill defines qualified federal benefits to include food stamps, school lunches, section 8 housing subsidies, and Medicaid benefits. It exempts employers that pay their employees $15 per hour and have less than $100 million in assets from classification as a large employer, thus exempting such employers from the excise tax. The bill also makes it an unlawful employment practice for any large employer to inquire whether an applicant for employment receives federal benefits.
Bill· HRH.R. 9630 (117th)referred
United States · United States Congress · 20 December 2022
High-skilled Immigration Reform for Employment Act This bill increases the annual cap on H-1B visas (nonimmigrant visas for workers in specialty occupations) and authorizes grants for education. Specifically, the bill (1) increases the cap on such visas for each fiscal year to from 65.000 to 130,000, and (2) exempts from this cap all visas for individuals with a postgraduate degree from a U.S. institution of higher education (currently, only up to 20,000 such visas are exempted each fiscal year). The bill also modifies the criteria for determining whether an employer is an H-1B-dependent employer. (Such employers are subject to additional requirements.) The Department of Education may make grants to states to support science, technology, engineering, and mathematics (commonly referred to as STEM) education.
Bill· SS. 5302 (117th)referred
United States · United States Congress · 20 December 2022
Health Savings Accounts For All Act of 2022 This bill revises provisions relating to health savings accounts (HSAs). Specifically, the bill increases the annual limitation on tax-deductible contributions to HSAs by plan participants and their employers; eliminates the requirement that an HSA participant must be enrolled in a high deductible health plan as a condition of eligibility; allows payments from HSAs for health insurance premiums and primary care service arrangements; allows payment of medical expenses incurred prior to the establishment of an HSA and correction of administrative errors prior to the due date of an applicable tax return; allows a tax-free rollover of amounts in an HSA, upon the death of an account holder, to the account holder's child, parent, or grandparent; allows payments from HSAs for vitamins, dietary supplements, gym membership, and wearable fitness trackers; and extends bankruptcy protections to HSAs on the same basis as tax-preferred retirement plans.
Bill· SS. 5322 (117th)referred
United States · United States Congress · 20 December 2022
Medical Innovation Act of 2022 This bill requires certain drug manufacturers to make payments to fund research supported by the Food and Drug Administration (FDA) and the National Institutes of Health (NIH). A drug manufacturer with over $1 billion in net income in a fiscal year that has entered into a relevant settlement agreement regarding specified violations must pay 0.75%-1.5% of its net income to the Department of Health and Human Services for each of its covered blockbuster drugs. A covered blockbuster drug is a drug that has at least $1 billion in net sales in a year and was developed, in whole or in part, through federal investments in medical research. Payments are divided between the FDA and the NIH in proportion to the discretionary funding of those agencies, excluding FDA user fees. Payments are not disbursed if appropriations for the FDA or the NIH are lower than in the prior fiscal year. Priorities for payments must include advancing regulatory science for medical products and research related to diseases that disproportionately account for federal health care spending. A covered blockbuster drug for which a manufacturer has not made a required payment is considered misbranded and subject to prohibitions on introducing or receiving misbranded drugs in interstate commerce.
Bill· SS. 5320 (117th)referred
United States · United States Congress · 20 December 2022
This bill defers the collection of income taxes from a U.S. national who is unlawfully or wrongfully detained abroad until 180 days after such national is released from detention, returns to the United States, or departs the detaining country. It also requires the reimbursement of penalties for late payment of income taxes that become due during such detainment. The bill suspends for 270 days after the release of a U.S. national the running of a statute of limitations for the collection of income taxes deferred by this bill. The deferral allowed by this bill does not apply to social security taxes imposed on employees.
Bill· SS. 5311 (117th)referred
United States · United States Congress · 20 December 2022
IRS Customer Service and Transformation Act of 2022 This bill requires the Internal Revenue Service (IRS) to submit an initial plan to Congress to address how it intends to meet customer service and technology modernization and related objectives. The IRS must submit semiannual updates to the plan, indicate progress made in implementing the plan, and any changes or challenges in implementing the plan. The bill requires the Government Accountability Office in each calendar year after 2022 and before 2032, to report to specified congressional committees on various matters relating to the IRS, including the progress of the IRS in meeting its objectives and on technology modernization. The bill sets forth customer service objectives that the IRS must accomplish not later than January 1, 2025. It must make available to the public not later than January 1, 2026, certain electronic forms and filing procedures. Finally, the National Taxpayer Advocate is authorized to appoint counsel in the Office of the Taxpayer Advocate to report directly to the National Taxpayer Advocate.
Bill· SS. 5293 (117th)referred
United States · United States Congress · 19 December 2022
Health Enterprise Zones Act of 2022 This bill provides for the designation of Health Enterprise Zones in certain geographic areas with documented and measurable health disparities. This designation, which expires 10 years after the date on which the first zone is designated, confers eligibility for certain grants, Medicare incentive payments, student loan repayment programs, and tax credits for those working to reduce health disparities and improve health outcomes in these zones. Specifically, community-based nonprofits or local government agencies, in coalition with health care providers, social service organizations, and others, may apply to the Department of Health and Human Services (HHS) for the designation. The application must include a plan to reduce health disparities and achieve other outcomes. In implementing the program, HHS must consult with, among others, the Department of Housing and Urban Development. When approving applications, HHS shall consider factors including geographic diversity and the commitment of supporting funds from the private sector. HHS (1) may award grants to organizations or agencies that applied for the designation to support activities aligned with their plans, and (2) must carry out a student loan repayment program for health care providers who agree to provide services in a Health Enterprise Zone. In addition, the bill establishes tax credits for employers that hire, and individuals who work as, Health Enterprise Zone workers.
Bill· HRH.R. 9611 (117th)referred
United States · United States Congress · 16 December 2022
This bill delays the implementation of a de minimis exception to the tax reporting requirements of third party network transactions for transactions not exceeding $600.
Bill· HRH.R. 9612 (117th)referred
United States · United States Congress · 16 December 2022
Protecting Adopting Families from Audits Act This bill requires the Internal Revenue Service (IRS) to submit a written report to the congressional tax committees comparing the audit rate of individual taxpayers who claim the adoption tax credit to the audit rate of those taxpayers who do not claim such credit. The initial report must be submitted not later than the end of 2023 and then annually thereafter through 2036. The IRS must also submit a written report regarding its audit practices for individuals who claim refundable and nonrefundable tax credits.
Bill· HRH.R. 9613 (117th)referred
United States · United States Congress · 16 December 2022
Preventing Improper Payments Act This bill designates any program or activity making more than $100 million in payments in a fiscal year as susceptible to significant improper payments. Under current law, programs designated as susceptible to significant improper payments are subject to additional assessments and reporting requirements. The bill requires each agency to submit to Congress, as part of the annual financial report of the agency, a report on implementing financial and administrative controls and certain other practices with respect to fraud risk; identifying risks and vulnerabilities to fraud; and establishing strategies, procedures, and other steps to curb fraud.
Bill· SS. 5291 (117th)referred
United States · United States Congress · 15 December 2022
This bill delays the implementation of a de minimis exception to the tax reporting requirements of third party network transactions for transactions not exceeding $600.
Bill· SS. 5277 (117th)referred
United States · United States Congress · 15 December 2022
Fair Elections Now Act of 2022 This bill establishes the Freedom from Influence Fund, which shall provide funding to Senate candidates who meet specified conditions and agree to abide by certain requirements, such as limits on types of campaign funding sources. The bill also imposes a tax on certain U.S. government contracts.
Bill· SS. 5271 (117th)referred
United States · United States Congress · 15 December 2022
Retirement Savings for Americans Act of 2022 This bill provides retirement savings accounts to eligible workers without employer-sponsored retirement plans. Participants' contributions are matched (up to certain thresholds) by the government through a federal income tax credit.
Bill· HRH.R. 9585 (117th)referred
United States · United States Congress · 15 December 2022
American Property Act This bill imposes an excise tax on foreign persons who own any specified under-utilized residential real property for more than one-half of any taxable year. The amount of such tax is 1% of the estimated value of such property. The bill defines specified under-utilized residential real property as any specified residential property located in the United States that is occupied as a dwelling unit for less than 180 days during the taxable year. Specified residential property means a single-family home or structure consisting of four residential units or less, or a part of a building that is a semi-detached house, rowhouse unit, residential condominium unit or other similar premises that is, or is intended to be, a separate parcel or other division of real property, and includes any land that was conveyed with such home, structure, or building.
Bill· HRH.R. 9587 (117th)referred
United States · United States Congress · 15 December 2022
Tenants' Right to Organize Act This bill provides for the right of tenants who receive certain rental assistance to establish, operate, and participate in a tenant organization. Specifically, tenants who participate in Housing Choice Voucher (i.e., Section 8 tenant-based housing assistance) or Low-Income Housing Tax Credit programs administered by the Department of Housing and Urban Development have the right to engage in a tenant organization to address issues related to their living environment and participate in community development activities. Public housing agencies and unit owners are required to recognize tenant organizations and allow tenants to conduct protected activities, including distributing leaflets, initiating tenant contact, and convening meetings in the building. A public housing agency or building owner may not require prior permission for any of these activities. Further, these entities may not retaliate against a tenant for participating in a tenant organization. The bill also provides grants for state and local organizations for training and outreach with respect to tenant organization capacity building and technical assistance.
Bill· HRH.R. 9574 (117th)referred
United States · United States Congress · 15 December 2022
Restaurant Revitalization Tax Credit Act This bill allows certain restaurants affected by the COVID-19 pandemic a credit against payroll tax liability up to 100% of the wages paid to their employees, not to exceed $25,000 in any calendar quarter.
Bill· HRH.R. 9589 (117th)referred
United States · United States Congress · 15 December 2022
This bill modifies provisions of the Taxpayer First Act relating to taxpayer identity verification (i.e., the electronic Income Verification Express Service) and disclosures of taxpayer information. The bill requires the Internal Revenue Service (IRS) to implement a program that insures that certain disclosures of taxpayer returns or return information are accomplished only after a financial institution or other relevant entity (other than the taxpayer) has formed a reasonable belief that the identity of the taxpayer has been authenticated. The bill requires the IRS to ensure that the taxpayer information disclosure program complies with specified security standards and guidelines, including those relating to security and confidentiality of taxpayer information. The bill prohibits the IRS from requiring a taxpayer seeking a disclosure of information to access any information technology system or service used by the IRS for any purpose relating to a disclosure, including identity verification or the provision of electronic consent.
Bill· HRH.R. 9561 (117th)referred
United States · United States Congress · 14 December 2022
Hong Kong Economic and Trade Office (HKETO) Certification Act This bill requires the President to periodically determine whether to allow the Hong Kong Economic and Trade Offices (HKETOs) to continue to operate in the United States. (The HKETOs are the official representative offices for Hong Kong, a semi-autonomous city that was established as a British colony in 1841. The United Kingdom transferred sovereignty over Hong Kong to China in 1997). Under this bill, the President must periodically (at least once a year) certify to Congress a determination as to whether the HKETOs should be covered by the International Organizations Immunities Act. (The act provides immunities and privileges to certain international organizations, such as immunity from certain lawsuits and exemption from property taxes.) If the President certifies that the HKETOs no longer merit receiving such privileges and immunities, the HKETOs must terminate operations in the United States no later than 180 days after the certification is delivered to Congress. If the President certifies that the HKETOs continue to merit such privileges and immunities, the HKETOs may continue operations for another year, unless Congress enacts a joint resolution disapproving of the certification. The President may also revoke the application of such privileges and immunities to the HKETOs. A federal government entity may enter into an agreement or partnership with an HKETO only if the HKETOs are still authorized to operate in the United States under this bill.
Bill· HRH.R. 9524 (117th)referred
United States · United States Congress · 14 December 2022
Capital Loss Inflation Fairness Act This bill increases the allowance for capital losses and adjusts the increased allowance amount for inflation after 2023.
Bill· SS. 5253 (117th)referred
United States · United States Congress · 14 December 2022
Hong Kong Economic and Trade Office (HKETO) Certification Act This bill requires the President to periodically determine whether to allow the Hong Kong Economic and Trade Offices (HKETOs) to continue to operate in the United States. (The HKETOs are the official representative offices for Hong Kong, a semi-autonomous city that was established as a British colony in 1841. The United Kingdom transferred sovereignty over Hong Kong to China in 1997). Under this bill, the President must periodically (at least once a year) certify to Congress a determination as to whether the HKETOs should be covered by the International Organizations Immunities Act. (The act provides immunities and privileges to certain international organizations, such as immunity from certain lawsuits and exemption from property taxes.) If the President certifies that the HKETOs no longer merit receiving such privileges and immunities, the HKETOs must terminate operations in the United States no later than 180 days after the certification is delivered to Congress. If the President certifies that the HKETOs continue to merit such privileges and immunities, the HKETOs may continue operations for another year, unless Congress enacts a joint resolution disapproving of the certification. The President may also revoke the application of such privileges and immunities to the HKETOs. A federal government entity may enter into an agreement or partnership with an HKETO only if the HKETOs are still authorized to operate in the United States under this bill.
Bill· SS. 5262 (117th)referred
United States · United States Congress · 14 December 2022
Angel Tax Credit Act This bill allows a new business-related tax credit for 25% of equity investments of $25,000 or more in a domestic corporation or partnership that (1) has its headquarters in the United States, (2) has gross revenues for the taxable year of less than $1 million, (3) employs fewer than 25 full-time employees, (4) has been in existence for less than 7 years as of the date of the investment, (5) has more than 50% of its employees performing substantially all of their services in the United States, and (6) is engaged in a high technology trade or business. The bill limits the allowable amount of such credit to $250,000 in any taxable year and imposes an overall limitation on such credit of $500 million for each of calendar years 2023 through 2027.
Bill· SS. 5257 (117th)referred
United States · United States Congress · 14 December 2022
This bill extends through December 31, 2023, the tax relief for individuals and businesses in presidentially-declared disaster areas declared on or after January 1, 2020.
Bill· HRH.R. 9514 (117th)referred
United States · United States Congress · 13 December 2022
Working Families Childcare Access Act of 2022 or the WFCA Act of 2022 This bill allows certain additional expenses to be paid from a dependent care flexible spending arrangement (FSA), specifically qualified sports, tutoring, and music or art expenses. It also increases the eligibility age for dependent care benefits to 15, allows a carryforward of unused benefits to the next plan year, and increases to $15,000 the maximum amount of dependent care benefits excludible from employee gross income.
Bill· HRH.R. 9510 (117th)referred
United States · United States Congress · 13 December 2022
Stop Anticompetitive Healthcare Act of 2022 This bill provides the Federal Trade Commission with enforcement authority over certain tax-exempt, hospital or cooperative hospital service organizations.
Resolution· HCONRESH.Con.Res. 121 (117th)open
United States · United States Congress · 8 December 2022
This concurrent resolution makes a correction in the enrollment of H.R. 7776 (James M. Inhofe National Defense Authorization Act for Fiscal Year 2023) to amend the official title of the bill.
Bill· HRH.R. 9466 (117th)referred
United States · United States Congress · 8 December 2022
Housing, Opportunity, Mobility, and Equity Act of 2022 This bill addresses zoning policies, housing affordability, and economic security. Specifically, the bill requires each state or local government that receives a Community Development Block Grant from the Department of Housing and Urban Development or a Surface Transportation Block Grant from the Department of Transportation to develop and implement a strategy to support zoning policies or regulatory initiatives that create a more affordable, elastic, and diverse housing supply. Additionally, the bill establishes a tax credit for individuals who spend more than 30% of their adjusted gross income on rent and requires the Department of the Treasury to make advance payments of this credit to eligible taxpayers who elect that option. The bill also requires Treasury to establish a Rainy Day Savings Program to allow an eligible taxpayer to defer 20% of the amount that would otherwise be refunded to the taxpayer. Treasury must invest the deferred amount and later disburse that amount, along with any interest, to the taxpayer.
Bill· HRH.R. 9469 (117th)referred
United States · United States Congress · 8 December 2022
Student Mental Health Improvement Act of 2022 This bill establishes a grant program through which the Department of Education may award grants to eligible students attending institutions of higher education to pursue careers in mental health occupations. It also allows for a refundable tax credit for qualified school-based mental health professionals.
Bill· HRH.R. 9481 (117th)referred
United States · United States Congress · 8 December 2022
Michael F. Donoughe Tax Credit for Off Road Electric Vehicles Act This bill allows a new tax credit for new off-road plug-in electric vehicles. The amount of the credit in a taxable year is the lesser of 10% of the cost of such vehicle, or $2,500. The bill defines a new qualified off-road plug-in electric vehicle to include any vehicle that has a capacity of not less than 6 kilowatt hours (currently, 7 kilowatt hours), has a dry weight of less that 3,500 pounds, has 3 or more wheels and 1 or more seats, is designed to be used primarily on rough terrain, and is capable of achieving a speed of 40 miles per hour.
Resolution· HRESH.Res. 1512 (117th)passed
United States · United States Congress · 8 December 2022
This resolution provides for House adoption and amendment of H.R. 7776, the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023.
Bill· HRH.R. 9462 (117th)referred
United States · United States Congress · 8 December 2022
Retirement Savings for Americans Act of 2022 This bill provides retirement savings accounts to eligible workers without employer-sponsored retirement plans. Participants' contributions are matched (up to certain thresholds) by the government through a federal income tax credit.
Bill· SS. 5223 (117th)referred
United States · United States Congress · 8 December 2022
Housing, Opportunity, Mobility, and Equity Act of 2022 This bill addresses zoning policies, housing affordability, and economic security. Specifically, the bill requires each state or local government that receives a Community Development Block Grant from the Department of Housing and Urban Development or a Surface Transportation Block Grant from the Department of Transportation to develop and implement a strategy to support zoning policies or regulatory initiatives that create a more affordable, elastic, and diverse housing supply. Additionally, the bill establishes a tax credit for individuals who spend more than 30% of their adjusted gross income on rent and requires the Department of the Treasury to make advance payments of this credit to eligible taxpayers who elect that option. The bill also requires Treasury to establish a Rainy Day Savings Program to allow an eligible taxpayer to defer 20% of the amount that would otherwise be refunded to the taxpayer. Treasury must invest the deferred amount and later disburse that amount, along with any interest, to the taxpayer.
Bill· SS. 5219 (117th)referred
United States · United States Congress · 8 December 2022
Restaurant Revitalization Tax Credit Act This bill allows certain restaurants affected by the COVID-19 pandemic a credit against payroll tax liability up to 100% of the wages paid to their employees, not to exceed $25,000 in any calendar quarter.