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Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

983 rows where congress = 115 and policy_area = "Taxation" sorted by introduced_date descending

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  • Taxation · 983 ✖

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  • 115 · 983 ✖
bill_id congress bill_type bill_number title policy_area introduced_date ▲ latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
115-s-3804 115 s 3804 A bill to reinstate the taxation of foreign oil related income, and for other purposes. Taxation 2018-12-21 2018-12-21 Read twice and referred to the Committee on Finance. Senate Sen. Duckworth, Tammy [D-IL] IL D D000622 0 This bill amends the Internal Revenue Code to reinstate provisions that tax certain foreign oil-related income as foreign base company income under Subpart F (i.e., income of a controlled foreign corporation earned outside the United States). The provisions were repealed in P.L. 115-197 (commonly referred to as the Tax Cuts and Jobs Act). 2023-01-11T13:40:38Z  
115-hr-7358 115 hr 7358 Tax Fairness for Americans Abroad Act of 2018 Taxation 2018-12-20 2018-12-20 Referred to the House Committee on Ways and Means. House Rep. Holding, George [R-NC-2] NC R H001065 0 Tax Fairness for Americans Abroad Act of 2018 This bill allows certain U.S. citizens who are residents of foreign countries to elect to use an alternative tax exclusion for foreign source earned and unearned income. 2023-01-11T13:40:46Z  
115-hr-7361 115 hr 7361 To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency. Taxation 2018-12-20 2018-12-20 Referred to the House Committee on Ways and Means. House Rep. Budd, Ted [R-NC-13] NC R B001305 0 This bill amends the Internal Revenue Code to require the nonrecognition of a taxpayer's gains or losses from like-kind exchanges of virtual currency, in the same manner as gains or losses from like-kind exchanges of real property are currently not recognized. 2023-01-11T13:40:46Z  
115-hr-7373 115 hr 7373 To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies. Taxation 2018-12-20 2018-12-20 Referred to the House Committee on Ways and Means. House Rep. Holding, George [R-NC-2] NC R H001065 0 This bill exempts interests held by certain foreign insurance companies from provisions of the Foreign Investment in Real Property Tax Act of 1980 that tax foreign individuals or corporations on dispositions of investments in U.S. real property interests. 2023-01-11T13:40:45Z  
115-hr-7375 115 hr 7375 SHELTER Act of 2018 Taxation 2018-12-20 2018-12-20 Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Financial Services, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Jones, Brenda [D-MI-13] MI D J000303 1 Stronger, Healthier Environment for Low-Income Tenants and Economic Renewal Act of 2018 or the SHELTER Act of 2018 This bill limits or repeals several tax deductions, credits, and related rules that benefit major integrated oil companies. It also repeals royalty relief (suspension of royalties) for (1) natural gas production from deep wells in shallow waters of the Gulf of Mexico, and (2) deep water oil and gas production in the Western and Central Planning Area of the Gulf (including a specified portion of the Eastern Planning Area). Any increase in revenues as a result of this bill must be credited to the Housing Trust Fund, which provides funding to states for activities to increase affordable housing. The bill also specifies requirements for the fund regarding funding for (1) environmental rehabilitation activities, and (2) childhood lead prevention. 2023-01-11T13:40:45Z  
115-hr-7377 115 hr 7377 Children of Fallen Servicemembers AMT Relief Act Taxation 2018-12-20 2018-12-20 Referred to the House Committee on Ways and Means. House Rep. Larsen, Rick [D-WA-2] WA D L000560 0 Children of Fallen Servicemembers AMT Relief Act This bill amends the Internal Revenue Code, with respect to the individual alternative minimum tax (AMT), to specify that any annuity paid under the Department of Defense (DOD) Survivor Benefit Plan is considered earned income of a child. This prevents the benefits paid to children from being subject to the AMT. (The DOD program provides a lifetime annuity to survivors of military service members and retirees.) 2023-01-11T13:40:45Z  
115-hr-7386 115 hr 7386 Faster Access to Federal Student Aid Act of 2018 Taxation 2018-12-20 2018-12-20 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Walberg, Tim [R-MI-7] MI R W000798 1 Faster Access to Federal Student Aid Act of 2018 This bill requires the Internal Revenue Service (IRS) to disclose certain tax return information to the Department of Education (ED) for the purpose of administering financial aid and loan programs under the Higher Education Act of 1965. (Under current law, students must obtain their own tax return information from the IRS and submit it to ED.) Upon receiving a request from ED, the IRS must disclose specified tax return information to ED for the purposes of establishing, renewing, administering, and conducting analyses and forecasts for estimating costs related to income-contingent or income-based repayment programs; the discharge of loans based on a total and permanent disability; determining the eligibility for, and the amount of, federal student financial aid; and conducting analyses and forecasts for estimating costs related to federal student financial aid programs. ED may only use the disclosed information for the purposes above and for mitigating risks related to the programs. Mitigating risks includes activities related to analyzing or estimating costs, conducting oversight, developing statistics, and reducing improper payments. It does not include conducting criminal investigations or prosecutions. With the consent of the taxpayer, ED may disclose the return information to certain institutions of higher education, state higher education agencies, and scholarship organizations solely for the use in financial aid programs. The bill also specifies notification and reporting requirements related to the disclosures and the implementation of this bill. 2023-01-11T13:40:45Z  
115-hr-7335 115 hr 7335 Fairness and Opportunities for Married Households With Student Loans Act Taxation 2018-12-19 2018-12-19 Referred to the House Committee on Ways and Means. House Rep. Davis, Danny K. [D-IL-7] IL D D000096 0 Fairness and Opportunities for Married Households With Student Loans Act This bill amends the Internal Revenue Code to increase to $5,000 the tax deduction for interest on education loans for married couples filing a joint tax return. 2023-01-11T13:40:47Z  
115-hr-7341 115 hr 7341 SWEET Act Taxation 2018-12-19 2018-12-19 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. DeLauro, Rosa L. [D-CT-3] CT D D000216 0 Sugar-Sweetened Beverages Tax Act of 2018 or the SWEET Act This bill amends the Internal Revenue Code to impose an excise tax on the sale or transfer of any specified sugar-sweetened beverage product by the manufacturer, producer, or importer thereof. The tax rate is 1 cent per 4.2 grams of caloric sweetener contained in such product. This bill transfers revenues from the tax to the Prevention and Public Health Fund for the sole purpose of funding programs and research to reduce the human and economic costs of diabetes, obesity, dental caries, and other diet-related health conditions in priority populations. 2023-01-11T13:40:46Z  
115-hr-7342 115 hr 7342 Stop Subsidizing Childhood Obesity Act Taxation 2018-12-19 2018-12-19 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. DeLauro, Rosa L. [D-CT-3] CT D D000216 0 Stop Subsidizing Childhood Obesity Act This bill amends the Internal Revenue Code to deny a tax deduction for advertising or marketing directed at children (age 14 or under) for food of poor nutritional quality or a brand primarily associated with food of poor nutritional quality. The bill also denies a deduction for related expenses, including: travel; goods or services constituting entertainment, amusement, or recreation; gifts; or other promotion expenses. The Department of the Treasury must enter into a contract with the National Academy of Medicine to develop procedures to evaluate and identify food of poor nutritional quality and brands that are primarily associated with such food. The bill authorizes additional funding to carry out the Fresh Fruit and Vegetable Program under the Richard B. Russell National School Lunch Act. 2023-01-11T13:40:46Z  
115-s-3781 115 s 3781 Retirement Security and Savings Act of 2018 Taxation 2018-12-19 2018-12-19 Read twice and referred to the Committee on Finance. Senate Sen. Portman, Rob [R-OH] OH R P000449 1 Retirement Security and Savings Act of 2018 This bill modifies various tax policies, credits, and requirements that apply to employer-provided retirement plans and Individual Retirement Accounts. 2023-01-11T13:40:39Z  
115-s-3791 115 s 3791 Energy Innovation and Carbon Dividend Act of 2018 Taxation 2018-12-19 2018-12-19 Read twice and referred to the Committee on Finance. Senate Sen. Coons, Christopher A. [D-DE] DE D C001088 1 Energy Innovation and Carbon Dividend Act of 2018 This bill imposes a fee on the carbon content of fuels, including crude oil, natural gas, coal, or any other product derived from those fuels that will be used so as to emit greenhouse gases into the atmosphere. The fee is imposed on the producers or importers of the fuels and is equal to the greenhouse gas content of the fuel multiplied by the carbon fee rate. The rate begins at $15 in 2019, increases by $10 each year, and is subject to further adjustments based on the progress in meeting specified emissions reduction targets. The bill also imposes a specified fee on fluorinated greenhouse gases. The bill includes: exemptions for fuels used for agricultural or nonemitting purposes, rebates for facilities that capture and sequester carbon dioxide, and border adjustment provisions that require certain fees or refunds for carbon-intensive products that are exported or imported. The fees must be deposited into a Carbon Dividend Trust Fund and used for administrative expenses and dividend payments to U.S. citizens or lawful residents. The fees must be decommissioned when emissions levels and monthly dividend payments fall below specified levels. The Environmental Protection Agency (EPA) must evaluate the effectiveness of the fees at reducing emissions. If the targets specified in this bill have been met or exceeded, the EPA may review certain regulations related to the fuels and fluorinated greenhouse gases on which the fees have been imposed. 2023-01-11T13:40:39Z  
115-s-3766 115 s 3766 American Opportunity Accounts Act Taxation 2018-12-18 2018-12-18 Read twice and referred to the Committee on Finance. Senate Sen. Booker, Cory A. [D-NJ] NJ D B001288 0 American Opportunity Accounts Act This bill requires federally funded and managed savings accounts (American Opportunity Accounts) to be established for American children who are under the age of 18. The bill also increases and modifies (1) estate and gift taxes, and (2) capital gains taxes. 2023-01-11T13:40:40Z  
115-s-3771 115 s 3771 Retirement Parity for Student Loans Act Taxation 2018-12-18 2018-12-18 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7791) Senate Sen. Wyden, Ron [D-OR] OR D W000779 3 Retirement Parity for Student Loans Act This bill allows certain employer-sponsored retirement plans to make matching contributions for an employee's student loan payments as if the loan payments were salary reduction contributions to the retirement plan. 2023-01-11T13:40:39Z  
115-s-3772 115 s 3772 Retirement Fairness Act Taxation 2018-12-18 2018-12-18 Read twice and referred to the Committee on Finance. Senate Sen. Merkley, Jeff [D-OR] OR D M001176 0 Retirement Fairness Act This bill amends the Internal Revenue Code to limit contributions and require increased minimum distributions for individuals with certain retirement plans with balances that exceed $4 million (adjusted for inflation after 2019). 2023-01-11T13:40:39Z  
115-hjres-145 115 hjres 145 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Returns by Exempt Organizations and Returns by Certain Non-Exempt Organizations". Taxation 2018-12-13 2018-12-13 Referred to the House Committee on Ways and Means. House Rep. Price, David E. [D-NC-4] NC D P000523 19 This joint resolution nullifies a Department of the Treasury rule (Rev. Proc. 2018-38) that modifies the requirements for information returns filed by certain tax-exempt organizations. The Treasury rule exempts certain tax-exempt organizations that are not 501(c)(3) organizations from the requirement to report the names and addresses of their contributors on returns filed with the Internal Revenue Service (IRS). The organizations must continue to collect and keep the information to make it available to the IRS upon request. 2023-01-11T13:40:52Z  
115-hr-7300 115 hr 7300 Taxpayer Penalty Protection Act of 2018 Taxation 2018-12-13 2018-12-13 Referred to the House Committee on Ways and Means. House Rep. Chu, Judy [D-CA-27] CA D C001080 5 Taxpayer Penalty Protection Act of 2018 This bill amends the Internal Revenue Code to establish a safe harbor to reduce the amount of estimated income tax that certain taxpayers are required to pay for 2018. (Under current law, a penalty applies if taxpayers do not use either withholding or estimated tax payments to make a required annual payment before the end of the year. The required payment is the lesser of 90% of the tax for the taxable year or a specified percentage of the preceding year's tax.) For 2018, the bill reduces the percentage of the preceding year's tax from 100% to 80%. For taxpayers with adjusted gross incomes for the preceding year that exceed $150,000, the bill reduces the percentage from 110% to 100%. 2023-01-11T13:40:48Z  
115-hr-7308 115 hr 7308 Increased Transparency in 501(c)(4) Organizations Act of 2018 Taxation 2018-12-13 2018-12-13 Referred to the House Committee on Ways and Means. House Del. Norton, Eleanor Holmes [D-DC-At Large] DC D N000147 0 Increased Transparency in 501(c)(4) Organizations Act of 2018 This bill amends the Internal Revenue Code (IRC) to require tax-exempt organizations to make available for public inspection notifications that must be submitted to the Internal Revenue Service regarding the intent to operate under section 501(c)(4) of the IRC. 2023-01-11T13:40:48Z  
115-hr-7289 115 hr 7289 Fairness for Every Driver Act Taxation 2018-12-12 2018-12-12 Referred to the House Committee on Ways and Means. House Rep. Smith, Jason [R-MO-8] MO R S001195 0 Fairness for Every Driver Act This bill amends the Internal Revenue Code to: (1) terminate and repeal the tax credit for new qualified plug-in electric drive motor vehicles, (2) impose a user fee on alternative fuel vehicles used in the United States, and (3) require the user fees to be transferred to the Highway Trust Fund. "Alternative fuel vehicles" include plug-in electric vehicles, fuel cell electric vehicles, and other motor vehicles propelled to a significant extent by an electric motor that draws power from any source that is not subject to certain fuel taxes. 2023-01-11T13:40:48Z  
115-hr-7254 115 hr 7254 Keeping the Promise to American Public Servants Act of 2018 Taxation 2018-12-11 2018-12-11 Referred to the House Committee on Ways and Means. House Rep. Heck, Denny [D-WA-10] WA D H001064 0 Keeping the Promise to American Public Servants Act of 2018 This bill amends the Internal Revenue Code to allow federal employees to deduct certain moving expenses that are reimbursed or furnished in kind to an individual. 2023-01-11T13:40:50Z  
115-hr-7259 115 hr 7259 Dental Loan Repayment Assistance Act Taxation 2018-12-11 2018-12-11 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Clarke, Yvette D. [D-NY-9] NY D C001067 2 Dental Loan Repayment Assistance Act This bill amends the Internal Revenue Code to exclude from gross income payments received under the federally funded student loan repayment program for full-time faculty members of dental schools with programs in general, pediatric, or public health dentistry. The bill also requires the Government Accountability Office to report to Congress on the participation of dental providers and faculty in areas and schools receiving funding under the program. 2023-01-11T13:40:49Z  
115-hr-7227 115 hr 7227 Taxpayer First Act of 2018 Taxation 2018-12-10 2018-12-20 Received in the Senate. House Rep. Jenkins, Lynn [R-KS-2] KS R J000290 1 Taxpayer First Act of 2018 This bill modifies requirements for the Internal Revenue Service (IRS) regarding its organizational structure, customer service, enforcement procedures, management of information technology, and use of electronic systems. The bill includes provisions that establish the IRS Independent Office of Appeals to resolve federal tax controversies without litigation; require the IRS to develop customer service and training strategies; continue the IRS Free File Program; exempt certain low-income taxpayers from payments required to submit an offer-in-compromise; modify certain tax enforcement procedures and requirements; establish requirements for responding to Taxpayer Advocate Directives; permanently authorize the Volunteer Income Tax Assistance Matching Grant Program; modify procedures for whistle-blowers; establish requirements for cybersecurity and identify protection; allow the IRS to require additional taxpayers to file returns electronically; require the IRS Commissioner to appoint a Chief Information Officer; modify requirements for managing information technology; specify requirements for retaining electronic records; prohibit the rehiring of certain IRS employees who were removed for misconduct; make Tax Court judges subject to the same grounds for disqualification as other federal judges; and authorize streamlined critical pay authority for certain IRS information technology positions. The bill requires the IRS to implement online accounts for taxpayers and return preparers, an Internet platform for Form 1099 filings, a fully automated program for disclosing taxpayer information for third-party income verification using the Internet, and uniform standards and procedures for accepting electronic signatures. 2023-01-11T13:40:51Z  
115-hr-7235 115 hr 7235 Lifelong Learning and Training Account Act of 2018 Taxation 2018-12-10 2018-12-10 Referred to the House Committee on Ways and Means. House Rep. DelBene, Suzan K. [D-WA-1] WA D D000617 1 Lifelong Learning and Training Account Act of 2018 This bill establishes tax-preferred savings accounts that may be used to pay for training expenses and will be managed by state programs known as Lifelong Learning and Training Account programs. Tax-exempt distributions from an account may be used for training that results in a recognized postsecondary credential, such as an industry-recognized certificate or certification, a license recognized by the federal government or a state, or an associate or baccalaureate degree. The bill specifies contribution limits, age restrictions, and income limits that apply to beneficiaries of the accounts. Accounts that meet the requirements are eligible to receive certain federal matching funds for contributions made by the beneficiary or an employer. 2023-01-11T13:40:50Z  
115-hr-7242 115 hr 7242 Disaster Recovery and Opportunity Act of 2018 Taxation 2018-12-10 2018-12-10 Referred to the House Committee on Ways and Means. House Rep. Meadows, Mark [R-NC-11] NC R M001187 0 Disaster Recovery and Opportunity Act of 2018 This bill amends the Internal Revenue Code to allow the chief executive officer (e.g., governor) of a state to designate certain population census tracts in areas related to federally declared disasters as opportunity zones. This makes investments in the areas eligible for various tax incentives. 2023-01-11T13:40:50Z  
115-s-3725 115 s 3725 Online Sales Simplicity and Small Business Relief Act of 2018 Taxation 2018-12-06 2018-12-06 Read twice and referred to the Committee on Finance. Senate Sen. Shaheen, Jeanne [D-NH] NH D S001181 3 Online Sales Simplicity and Small Business Relief Act of 2018 This bill prohibits states from imposing a sales tax collection duty on certain remote sellers. A "remote seller" is a person without a physical presence in a state who makes a sale in the state. With respect to remote sellers, a state: (1) may not impose a sales tax collection duty for any sale that occurred before June 21, 2018, and (2) may only impose a sales tax collection duty for a sale that occurs after January 1, 2020. In the case of a small business remote seller (no more than $10 million in gross annual receipts in the United States), a state may not impose a sales tax collection duty on any person other than the purchaser if the sale is made: (1) on or after June 21, 2018; and (2) before the date that is 30 days after the states develop and Congress approves an interstate compact, applicable to the state and sale, governing the imposition of tax collection duties on remote sellers. 2023-01-11T13:40:41Z  
115-s-3730 115 s 3730 RISE Act Taxation 2018-12-06 2018-12-06 Read twice and referred to the Committee on Finance. Senate Sen. Booker, Cory A. [D-NJ] NJ D B001288 0 Rightfully Investing in Supporting Educators Act or the RISE Act This bill allows a refundable tax credit for certain elementary school teachers, secondary school teachers, and early childhood educators who teach low-income students. 2023-01-11T13:40:41Z  
115-s-3712 115 s 3712 LIFT (Livable Incomes for Families Today) the Middle Class Act Taxation 2018-12-05 2018-12-05 Read twice and referred to the Committee on Finance. Senate Sen. Harris, Kamala D. [D-CA] CA D H001075 0 LIFT (Livable Incomes for Families Today) the Middle Class Act This bill establishes a refundable middle class tax credit of up to $3,000 for individuals and up to $6,000 for married individuals filing joint returns. Taxpayers must be at least 18 years of age to receive the credit and may elect to receive payments of the credit in advance on a monthly basis. The bill limits the amount of the credit and eligibility for the credit based on annual income and filing status. Both the income limitations and the amount of the credit must be adjusted for inflation after 2019. The bill also requires the Internal Revenue Service to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of underserved populations. The program must be substantially similar to the Community Volunteer Income Tax Assistance matching grants demonstration program established under the Consolidated Appropriations Act, 2008. The bill expresses the sense of the Senate that the costs of the bill should be offset through (1) repealing P.L. 115-97 (commonly known as the Tax Cuts and Jobs Act), with the exception of provisions that provide relief to taxpayers with under $100,000 in annual income; and (2) assessing a fee on financial institutions with total consolidated assets of more than $50 billion. 2023-01-11T13:40:42Z  
115-hr-7203 115 hr 7203 Long-Term Care Account Act Taxation 2018-11-30 2018-11-30 Referred to the House Committee on Ways and Means. House Rep. Marchant, Kenny [R-TX-24] TX R M001158 1 Long-Term Care Account Act This bill allows tax-exempt long-term care accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. The bill excludes from gross income (1) the gains that are contributed to the accounts, and (2) distributions from the accounts that are used exclusively for the long-term care expenses of the account beneficiary or the account beneficiary's spouse. 2023-01-11T13:40:59Z  
115-hr-7208 115 hr 7208 To amend the Internal Revenue Code of 1986 to allow the child tax credit with respect to stillbirths. Taxation 2018-11-30 2018-11-30 Referred to the House Committee on Ways and Means. House Rep. Griffith, H. Morgan [R-VA-9] VA R G000568 3 This bill amends the Internal Revenue Code to allow the child tax credit to be used for stillbirths. A "stillbirth" is delivery after the involuntary death of an unborn child who was carried in the womb for 20 weeks or more. 2023-01-11T13:40:59Z  
115-hr-7196 115 hr 7196 Energy Sector Innovation Credit Act of 2018 Taxation 2018-11-29 2018-11-29 Referred to the House Committee on Ways and Means. House Rep. Reed, Tom [R-NY-23] NY R R000585 2 Energy Sector Innovation Credit Act of 2018 This bill allows investment and production tax credits for electricity-generating facilities that use new or improved technologies that meet specified requirements. The bill also allows a credit for investments in certain retrofits that improve efficiency; decrease water consumption; or reduce, sequester, or control air pollution at existing electricity-generating facilities. 2023-01-11T13:41:00Z  
115-s-3697 115 s 3697 Workforce Development Through Post-Graduation Scholarships Act of 2018 Taxation 2018-11-29 2018-11-29 Read twice and referred to the Committee on Finance. Senate Sen. Peters, Gary C. [D-MI] MI D P000595 1 Workforce Development Through Post-Graduation Scholarships Act of 2018 This bill amends the Internal Revenue Code to exclude post-graduation scholarship grants from gross income in the same manner as scholarships are currently excluded. A "post-graduation scholarship grant" is a grant provided by a program that: is established by certain tax-exempt organizations; requires the grantee to live and work in an applicable community that meets certain requirements regarding income, out-migration, and bachelor's degree attainment rates; and under which, in accordance with the conditions of a grant, the organization repays any portion of an education loan incurred by an individual to pay higher education expenses. In implementing this bill, the Department of the Treasury must prescribe specified regulations and meet reporting requirements. The Government Accountability Office must report on the post-graduation scholarship grants covered by this bill. 2023-01-11T13:40:54Z  
115-hr-7184 115 hr 7184 No Retroactive Online Taxation Act of 2018 Taxation 2018-11-28 2018-11-28 Referred to the House Committee on the Judiciary. House Rep. Sensenbrenner, F. James, Jr. [R-WI-5] WI R S000244 0 No Retroactive Online Taxation Act of 2018 This bill bans states from imposing a sales tax collection duty on a remote seller for any sale that occurred before June 21, 2018. A "remote seller" is a person without a physical presence in a state who makes a sale into the state. The ban does not apply to any sales tax collected or paid by a remote seller before June 21, 2018. 2023-01-11T13:41:00Z  
115-s-3674 115 s 3674 Removing Incentives for Outsourcing Act Taxation 2018-11-28 2018-11-28 Read twice and referred to the Committee on Finance. Senate Sen. Klobuchar, Amy [D-MN] MN D K000367 2 Removing Incentives for Outsourcing Act This bill modifies the tax treatment of foreign source income of domestic corporations to: (1) eliminate a provision that allows companies to deduct a portion of the tangible assets of their controlled foreign corporations (CFCs) before the tax on foreign income applies, and (2) require net CFC tested income to be determined on a country-by-country basis rather than globally. The bill also requires the Joint Committee on Taxation to study options for reforming laws related to the taxation of income from international sources. 2023-01-11T13:40:54Z  
115-hr-7173 115 hr 7173 Energy Innovation and Carbon Dividend Act of 2018 Taxation 2018-11-27 2018-11-27 Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Deutch, Theodore E. [D-FL-22] FL D D000610 9 Energy Innovation and Carbon Dividend Act of 2018 This bill amends the Internal Revenue Code to impose a fee on the carbon content of fuels, including crude oil, natural gas, coal, or any other product derived from those fuels that will be used so as to emit greenhouse gases into the atmosphere. The fee is imposed on the producers or importers of the fuels and is equal to the greenhouse gas content of the fuel multiplied by the carbon fee rate. The rate begins at $15 in 2019, increases by $10 each year, and is subject to further adjustments based on the progress in meeting specified emissions reduction targets. The bill also imposes a specified fee on fluorinated greenhouse gases. The bill includes: exemptions for fuels used for agricultural or nonemitting purposes, rebates for facilities that capture and sequester carbon dioxide, and border adjustment provisions that require certain fees or refunds for carbon-intensive products that are exported or imported. The fees must be deposited into a Carbon Dividend Trust Fund and used for administrative expenses and dividend payments to U.S. citizens or lawful residents. The fees must be decommissioned when emissions levels and monthly dividend payments fall below specified levels. The bill also amends the Clean Air Act to suspend certain regulations that limit greenhouse gas emissions. The suspensions expire if the emissions targets established by this bill are not reached after a specified time period. 2023-01-11T13:41:01Z  
115-hr-7174 115 hr 7174 To amend the Internal Revenue Code of 1986 to allow certain veterans organizations to take into account the membership of spouses, widows, and widowers of members of the Armed Forces for purposes of determining tax exempt status. Taxation 2018-11-27 2018-11-27 Referred to the House Committee on Ways and Means. House Rep. Eshoo, Anna G. [D-CA-18] CA D E000215 0 This bill amends the Internal Revenue Code to allow certain veterans organizations, for which there is no auxiliary unit or society, to take into account members who are spouses, widows, or widowers of past or present members of the Armed Forces to determine whether the organization meets the membership requirements for tax-exempt status. 2023-01-11T13:41:01Z  
115-hr-7176 115 hr 7176 Restoring Economic Opportunities for Small Family C-Corporations Taxation 2018-11-27 2018-11-27 Referred to the House Committee on Ways and Means. House Rep. King, Steve [R-IA-4] IA R K000362 1 Restoring Economic Opportunities for Small Family C-Corporations This bill reinstates (1) the 15% corporate tax bracket for up to $50,000 in taxable income, and (2) the additional tax on corporations with taxable income that exceeds $100,000. The bill limits the additional tax to the lesser of 5% of the excess or $3,000. (Under current law, corporations are taxed at a flat 21% rate.) 2023-01-11T13:41:00Z  
115-s-10 115 s 10 A bill to amend the Internal Revenue Code of 1986 to exclude from gross income certain Federally-subsidized loan repayments for dental school faculty. Taxation 2018-11-27 2018-11-27 Read twice and referred to the Committee on Finance. Senate Sen. Cardin, Benjamin L. [D-MD] MD D C000141 1 This bill amends the Internal Revenue Code to exclude from gross income payments received under the federally funded student loan repayment program for full-time faculty members of dental schools with programs in general, pediatric, or public health dentistry. The bill also requires the Government Accountability Office to report to Congress on the participation of dental providers and faculty in areas and schools receiving funding under the program. 2023-01-11T13:40:58Z  
115-s-6 115 s 6 Lifelong Learning and Training Account Act of 2018 Taxation 2018-11-26 2018-11-26 Read twice and referred to the Committee on Finance. Senate Sen. Warner, Mark R. [D-VA] VA D W000805 1 Lifelong Learning and Training Account Act of 2018 This bill establishes tax-preferred savings accounts that may be used to pay for training expenses and will be managed by state programs known as Lifelong Learning and Training Account programs. Tax-exempt distributions from an account may be used for training that results in a recognized postsecondary credential, such as an industry-recognized certificate or certification, a license recognized by the federal government or a state, or an associate or baccalaureate degree. The bill specifies contribution limits, age restrictions, and income limits that apply to beneficiaries of the accounts. Accounts that meet the requirements are eligible to receive certain federal matching funds for contributions made by the beneficiary or an employer. 2023-01-11T13:40:54Z  
115-hr-7166 115 hr 7166 Hurricane Michael Tax Relief Act Taxation 2018-11-20 2018-11-20 Referred to the House Committee on Ways and Means. House Rep. Dunn, Neal P. [R-FL-2] FL R D000628 1 Hurricane Michael Tax Relief Act This bill amends the Internal Revenue Code to allow various tax credits, deductions, and modifications to existing rules for individuals and businesses affected by Hurricane Michael. With respect to individuals and businesses in the affected areas, the bill: waives the 10% additional tax on early distributions from retirement plans for up to $100,000 in distributions made on or after October 9, 2018, and before January 1, 2020; permits individuals to recontribute funds to retirement plans if the funds were distributed for a home purchase in a Hurricane Michael disaster area that was cancelled on account of the hurricane; increases the limit and extends the repayment deadline for loans from retirement plans; allows an employee retention tax credit for a portion of the wages paid to an employee whose principal place of employment on specified dates was in a Hurricane Michael disaster zone; temporarily suspends the limitation on charitable contributions for relief efforts in the Hurricane Michael disaster area; modifies the rules for the deduction for personal casualty losses; and allows taxpayers to use earned income from the immediately preceding year for the purpose of determining earned income for the earned income tax credit and the child tax credit. 2023-01-11T13:41:01Z  
115-s-3636 115 s 3636 Encouraging Americans to Save Act Taxation 2018-11-15 2018-11-15 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7053-7054) Senate Sen. Wyden, Ron [D-OR] OR D W000779 5 Encouraging Americans to Save Act This bill replaces the existing saver's tax credit for certain individuals who contribute to retirement accounts with federal matching payments. For individuals with incomes that do not exceed specified levels, the bill requires the federal government to provide matching contributions equal to 50% of up to $1,000 in annual contributions to retirement accounts. The bill also requires the Department of the Treasury to reestablish the MyRA program, which is a program that establishes and maintains Roth Individual Retirement Accounts for individuals. The investments in the accounts are limited to retirement savings bonds issued by Treasury. 2023-01-11T13:40:56Z  
115-s-3638 115 s 3638 Estate Tax Rate Reduction Act Taxation 2018-11-15 2018-11-15 Read twice and referred to the Committee on Finance. Senate Sen. Kyl, Jon [R-AZ] AZ R K000352 4 Estate Tax Rate Reduction Act This bill amends the Internal Revenue Code to reduce the rate for the tax on estates, gifts, and generation-skipping transfers to 20%. (Under current law, the highest rate is 40%.) The bill also exempts the budgetary effects of the tax reduction from the Pay-As-You-Go (PAYGO) rules established by the Statutory Pay-As-You-Go Act of 2010 and the FY2018 congressional budget resolution. 2023-01-11T13:40:56Z  
115-s-3648 115 s 3648 Hurricanes Florence and Michael and California Wildfire Tax Relief Act Taxation 2018-11-15 2018-11-15 Read twice and referred to the Committee on Finance. Senate Sen. Burr, Richard [R-NC] NC R B001135 6 Hurricanes Florence and Michael and California Wildfire Tax Relief Act This bill allows various tax credits, tax deductions, and modifications to existing tax rules for individuals and businesses affected by Hurricane Florence, Hurricane Michael, and wildfires in California. 2023-01-11T13:40:55Z  
115-s-3621 115 s 3621 A bill to amend the Internal Revenue Code of 1986 to provide for a permanent extension of the lower threshold for the medical expense deduction. Taxation 2018-11-14 2018-11-14 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6966) Senate Sen. Collins, Susan M. [R-ME] ME R C001035 1 This bill amends the Internal Revenue Code to make permanent the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer is allowed to claim an itemized deduction for medical expenses. (In 2017, the threshold was temporarily reduced from 10% to 7.5% for 2017 and 2018. This bill makes the 7.5% threshold permanent.) 2023-01-11T13:40:56Z  
115-s-3611 115 s 3611 Faster Access to Federal Student Aid Act of 2018 Taxation 2018-11-13 2018-12-20 Held at the desk. Senate Sen. Alexander, Lamar [R-TN] TN R A000360 9 Faster Access to Federal Student Aid Act of 2018 This bill requires the Internal Revenue Service (IRS) to disclose certain tax return information to the Department of Education (ED) for the purpose of administering financial aid and loan programs under the Higher Education Act of 1965. (Under current law, students must obtain their own tax return information from the IRS and submit it to ED.) Upon receiving a request from ED, the IRS must disclose specified tax return information to ED for the purposes of establishing, renewing, administering, and conducting analyses and forecasts for estimating costs related to income-contingent or income-based repayment programs; the discharge of loans based on a total and permanent disability; determining the eligibility for, and the amount of, federal student financial aid; and conducting analyses and forecasts for estimating costs related to federal student financial aid programs. ED may only use the disclosed information for the purposes above and for mitigating risks related to the programs. Mitigating risks includes activities related to analyzing or estimating costs, conducting oversight, developing statistics, and reducing improper payments. It does not include conducting criminal investigations or prosecutions. With the consent of the taxpayer, ED may disclose the return information to certain institutions of higher education, state higher education agencies, and scholarship organizations solely for the use in financial aid programs. The bill also specifies notification and reporting requirements related to the disclosures and the implementation of this bill. 2023-01-11T13:40:42Z  
115-hr-7086 115 hr 7086 Tax Fairness for Workers Act Taxation 2018-10-23 2018-10-23 Referred to the House Committee on Ways and Means. House Rep. Lamb, Conor [D-PA-18] PA D L000588 22 Tax Fairness for Workers Act This bill amends the Internal Revenue Code to allow an above-the-line deduction for union dues and expenses. (An above-the-line deduction is subtracted from gross income and is available whether or not a taxpayer itemizes other deductions.) The bill also reinstates the miscellaneous itemized deduction for unreimbursed expenses attributable to the performance of services as an employee. (Under current law, all miscellaneous itemized deductions are suspended through 2025.) 2023-01-11T13:41:14Z  
115-hr-7065 115 hr 7065 To amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles. Taxation 2018-10-16 2018-10-16 Referred to the House Committee on Ways and Means. House Rep. Black, Diane [R-TN-6] TN R B001273 2 This bill amends the Internal Revenue Code, with respect to the tax credit for new plug-in electric drive motor vehicles, to change the phase-out period for the credit to the period beginning with calendar year 2022. (Under current law, the credit phases out for a manufacturer's vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States after December 31, 2009.) 2023-01-11T13:41:15Z  
115-hr-7072 115 hr 7072 Reserve Component Employer Incentive, Compensation, and Relief Act of 2018 Taxation 2018-10-16 2018-10-16 Referred to the House Committee on Ways and Means. House Rep. Walz, Timothy J. [D-MN-1] MN D W000799 2 Reserve Component Employer Incentive, Compensation, and Relief Act of 2018 This bill amends the Internal Revenue Code to allow a tax credit for certain employers of reservists (i.e., members of the National Guard or a reserve component of the Armed Forces). The tax credit is equal to $1,000 for each reservist employed during the year, plus an additional amount that ranges from $3,000 to $10,000, depending on the number of days the reservist serves in the uniformed services during the year. 2023-01-11T13:41:15Z  
115-hr-7058 115 hr 7058 Digital Goods and Services Tax Fairness Act of 2018 Taxation 2018-10-12 2018-11-15 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. House Rep. Smith, Lamar [R-TX-21] TX R S000583 1 Digital Goods and Services Tax Fairness Act of 2018 This bill prohibits a state or local jurisdiction from imposing: (1) multiple taxes on the sale of a covered electronic good or service, or (2) discriminatory taxes on the sale or use of a digital good or service. A "digital good or service" is delivered or transferred electronically to a customer. A "covered electronic good or service" is a digital good, digital service, audio or video programming service, or Voice over Internet Protocol (VoIP) service. The bill also: specifies services that are excluded from the definition of "digital service;" restricts taxation of a covered electronic good or service to taxation by a state or local jurisdiction whose territorial limits encompass a customer tax address, as defined by this bill; makes the seller of covered electronic goods or services responsible for obtaining and maintaining such address; and specifies rules regarding the taxation of bundled transactions, digital code, and VoIP services. 2023-01-11T13:41:15Z  
115-s-3580 115 s 3580 Seniors Affordable Housing Tax Credit Act Taxation 2018-10-11 2018-10-11 Read twice and referred to the Committee on Finance. Senate Sen. Heller, Dean [R-NV] NV R H001041 0 Seniors Affordable Housing Tax Credit Act This bill establishes a tax credit for states to allocate to taxpayers who rent properties to low-income seniors using a rental reduction agreement. Under a rental reduction agreement, the rent and utility payments for an eligible senior unit must be equal to the lesser of: (1) 30% of the monthly family income of the residents of the unit, or (2) the applicable standard fair market rent for the unit. An eligible senior unit must have family income that does not exceed the greater of: (1) 30% of the area median gross income, or (2) the applicable poverty line for a family of the size involved. The unit must also include at least one occupant who has attained the age of 55 at the beginning of the lease 2023-01-11T13:41:08Z  
115-s-3581 115 s 3581 Digital Goods and Services Tax Fairness Act of 2018 Taxation 2018-10-11 2018-10-11 Read twice and referred to the Committee on Finance. Senate Sen. Thune, John [R-SD] SD R T000250 1 Digital Goods and Services Tax Fairness Act of 2018 This bill prohibits a state or local jurisdiction from imposing: (1) multiple taxes on the sale of a covered electronic good or service, or (2) discriminatory taxes on the sale or use of a digital good or service. A "digital good or service" is delivered or transferred electronically to a customer. A "covered electronic good or service" is a digital good, digital service, audio or video programming service, or Voice over Internet Protocol (VoIP) service. The bill also: specifies services that are excluded from the definition of "digital service;" restricts taxation of a covered electronic good or service to taxation by a state or local jurisdiction whose territorial limits encompass a customer tax address, as defined by this bill; makes the seller of covered electronic goods or services responsible for obtaining and maintaining such address; and specifies rules regarding the taxation of bundled transactions, digital code, and VoIP services. 2023-01-11T13:41:08Z  
115-s-3582 115 s 3582 A bill to amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles. Taxation 2018-10-11 2018-10-11 Read twice and referred to the Committee on Finance. Senate Sen. Heller, Dean [R-NV] NV R H001041 0 This bill amends the Internal Revenue Code, with respect to the tax credit for new plug-in electric drive motor vehicles, to change the phase-out period for the credit to calendar year 2022. (Under current law, the credit phases out for a manufacturer's vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States after December 31, 2009.) 2023-01-11T13:41:08Z  
115-s-3595 115 s 3595 Student Loan Repayment Acceleration Act Taxation 2018-10-11 2018-10-11 Read twice and referred to the Committee on Finance. Senate Sen. Gardner, Cory [R-CO] CO R G000562 0 Student Loan Repayment Acceleration Act This bill amends the Internal Revenue Code to exclude from the gross income of an employee up to $10,000 per year in student loan payments made by an employer. The loan payments are also exempt from certain payroll taxes. 2023-01-11T13:41:07Z  
115-s-3600 115 s 3600 Travel Trailer and Camper Technical Correction Act Taxation 2018-10-11 2018-10-11 Read twice and referred to the Committee on Finance. Senate Sen. Donnelly, Joe [D-IN] IN D D000607 1 Travel Trailer and Camper Technical Correction Act This bill amends the Internal Revenue Code, with respect to the limit on the deduction for business interest, to modify the definition of "floor plan financing indebtedness" to include the financing of certain trailers and campers. Under current law, "floor plan financing indebtedness" is: (1) used to finance the acquisition of motor vehicles held for sale or lease, and (2) secured by the acquired inventory. The bill specifies that, for the purpose of this definition, a motor vehicle includes any trailer or camper which is designed to: (1) provide temporary living quarters for recreational, camping, or seasonal use; and (2) be towed by, or affixed to, a motor vehicle. 2023-01-11T13:41:07Z  
115-s-3563 115 s 3563 Hire Student Veterans Act Taxation 2018-10-10 2018-10-10 Read twice and referred to the Committee on Finance. Senate Sen. Heitkamp, Heidi [D-ND] ND D H001069 2 Hire Student Veterans Act This bill amends the Internal Revenue Code to: (1) allow a work opportunity tax credit for hiring a veteran attending an institute of higher learning using educational assistance provided under certain programs administered by the Department of Defense or the Department of Veterans Affairs, and (2) modify the minimum employment period required for veterans that qualify for the credit under this bill. 2023-01-11T13:41:09Z  
115-s-3566 115 s 3566 Advancing Carbon Capture in Energy Generation Act Taxation 2018-10-10 2018-10-10 Read twice and referred to the Committee on Finance. Senate Sen. Heitkamp, Heidi [D-ND] ND D H001069 2 Advancing Carbon Capture in Energy Generation Act This bill amends the Internal Revenue Code, with respect to the tax credit for advanced coal projects, to: (1) lower the carbon dioxide sequestration requirement to 60% for certain electrical generating units in existence on October 3, 2008, and (2) revise certain technology and environmental performance requirements. 2023-01-11T13:41:09Z  
115-hr-7057 115 hr 7057 Child and Dependent Care Modernization Act of 2018 Taxation 2018-10-09 2018-10-09 Referred to the House Committee on Ways and Means. House Rep. Wagner, Ann [R-MO-2] MO R W000812 1 Child and Dependent Care Modernization Act of 2018 This bill amends the Internal Revenue Code, with respect to employer-provided dependent care assistance programs, to: (1) increase the amounts of dependent care assistance that employees may exclude from gross income, (2) require the increased limits to be adjusted for inflation after 2019, and (3) allow certain unused dependent care flexible spending account balances to be carried forward into the next year. 2023-01-11T13:41:15Z  
115-s-3559 115 s 3559 Fairness for Every Driver Act Taxation 2018-10-06 2018-10-06 Read twice and referred to the Committee on Finance. Senate Sen. Barrasso, John [R-WY] WY R B001261 2 Fairness for Every Driver Act This bill amends the Internal Revenue Code to: (1) terminate and repeal the tax credit for new qualified plug-in electric drive motor vehicles, (2) impose a user fee on alternative fuel vehicles used in the United States, and (3) require the user fees to be transferred to the Highway Trust Fund. "Alternative fuel vehicles" include plug-in electric vehicles, fuel cell electric vehicles, and other motor vehicles propelled to a significant extent by an electric motor that draws power from any source that is not subject to certain fuel taxes. 2023-01-11T13:41:10Z  
115-hr-7041 115 hr 7041 P3 Act Taxation 2018-10-05 2018-10-16 Referred to the Subcommittee on Trade. House Rep. Kilmer, Derek [D-WA-6] WA D K000381 2 Preventing Pollution through Partnerships Act or the P3 Act This bill amends the Internal Revenue Code to allow state and local governments to issue green infrastructure bonds as tax-exempt private activity bonds. The bonds are not subject to the state volume caps that apply to certain tax-exempt private activity bonds. A green infrastructure bond must be issued as part of an issuance that requires 95% or more of the net proceeds to be used to develop, carry out, or certify approved green infrastructure projects. The approved projects are to construct, rehabilitate, maintain, or repair green infrastructure that has been certified by the state in which the project is located as effectively addressing nonpoint source pollution. "Green infrastructure" is infrastructure that preserves, enhances, or mimics natural infiltration, evapotranspiration, or capture of storm water. 2023-01-11T13:41:16Z  
115-s-3544 115 s 3544 Prohibiting Incentives for Corporations that Kickout Employees Tax (PICKET) Act Taxation 2018-10-03 2018-10-03 Read twice and referred to the Committee on Finance. Senate Sen. Tester, Jon [D-MT] MT D T000464 0 Prohibiting Incentives for Corporations that Kickout Employees Tax (PICKET) Act This bill amends the Internal Revenue Code to increase the corporate tax rate from 21% to 35% for corporations participating in a labor lockout during the taxable year. A "labor lockout" is a dispute involving a work stoppage, wherein an employer withholds work from its employees in order to gain a concession from them. The bill also denies certain tax deductions and credits for remuneration (including wages or other benefits) paid by the taxpayer to a temporary replacement worker during a labor lockout. 2023-01-11T13:41:10Z  
115-hr-7021 115 hr 7021 To amend the Internal Revenue Code of 1986 to provide for distributions from 529 plans to pay certain early education expenses. Taxation 2018-10-02 2018-10-02 Referred to the House Committee on Ways and Means. House Rep. Paulsen, Erik [R-MN-3] MN R P000594 1 This bill amends the Internal Revenue Code to allow tax-free distributions from qualified tuition programs (known as 529 plans) to be used for qualified early education expenses, subject to a limit of $10,000 per beneficiary. "Qualified early education expenses" are expenses for providing educational and other care to a child under age 5 (including childcare provided before and after school), as determined under state law and pursuant to attendance at a school or facility licensed in the state for the purpose. 2023-01-11T13:41:16Z  
115-hr-6969 115 hr 6969 Travel Trailer and Camper Technical Correction Act Taxation 2018-09-28 2018-09-28 Referred to the House Committee on Ways and Means. House Rep. Emmer, Tom [R-MN-6] MN R E000294 1 Travel Trailer and Camper Technical Correction Act This bill amends the Internal Revenue Code, with respect to the limit on the deduction for business interest, to modify the definition of "floor plan financing indebtedness" to include the financing of certain trailers and campers. Under current law, "floor plan financing indebtedness" is: (1) used to finance the acquisition of motor vehicles held for sale or lease, and (2) secured by the acquired inventory. The bill specifies that, for the purpose of this definition, a motor vehicle includes any trailer or camper which is designed to: (1) provide temporary living quarters for recreational, camping, or seasonal use; and (2) be towed by, or affixed to, a motor vehicle. 2023-01-11T13:41:27Z  
115-hr-6970 115 hr 6970 Presidential Tax Transparency Act Taxation 2018-09-28 2018-09-28 Referred to the House Committee on Ways and Means. House Rep. Fitzpatrick, Brian K. [R-PA-8] PA R F000466 1 Presidential Tax Transparency Act This bill amends the Internal Revenue Code to require the Internal Revenue Service (IRS) to disclose and make publicly available tax returns and return information for certain candidates for President and Vice President of the United States. The requirement applies to tax returns and return information for the 10-year period before the individual becomes a candidate. The disclosure may not include the Social Security number of any individual, any financial account number, the name of any individual under age 18, or the home address of any individual (other than the city and state in which the address is located). 2023-01-11T13:41:27Z  
115-hr-6973 115 hr 6973 Safe Harbor for Taxpayers with Forked Assets Act of 2018 Taxation 2018-09-28 2018-09-28 Referred to the House Committee on Ways and Means. House Rep. Emmer, Tom [R-MN-6] MN R E000294 0 Safe Harbor for Taxpayers with Forked Assets Act of 2018 This bill establishes a safe harbor period that prohibits certain penalties and additional taxes from applying to a taxpayer who receives a forked convertible virtual currency until the Internal Revenue Service issues regulations or guidance, or legislation is enacted, that addresses specified issues related to the tax treatment of forked convertible virtual currency. A "forked convertible virtual currency" is any convertible virtual currency to which the taxpayer becomes entitled by reason of a hard fork. A "hard fork" is any material change in the shared digital ledger which is used to verify by consensus transactions in the currency if the change results in the maintenance of independent shared digital ledgers with respect to the currency. The legislation, regulations, or guidance must prescribe the tax treatment of receiving forked convertible virtual currency, rules for calculating and allocating the basis of forked convertible virtual currency, rules for calculating the fair market value of forked convertible virtual currency at any given time, and rules for determining the holding period of forked convertible virtual currency. 2023-01-11T13:41:26Z  
115-hr-6976 115 hr 6976 Employee Profit-Sharing Encouragement Act of 2018 Taxation 2018-09-28 2018-09-28 Referred to the House Committee on Ways and Means. House Rep. Watson Coleman, Bonnie [D-NJ-12] NJ D W000822 0 Employee Profit-Sharing Encouragement Act of 2018 This bill amends the Internal Revenue Code to prohibit certain employers from deducting the compensation of highly compensated individuals unless the employer makes profit-sharing distributions to employees during the year. 2023-01-11T13:41:26Z  
115-hr-6978 115 hr 6978 Business Activity Tax Simplification Act of 2018 Taxation 2018-09-28 2018-11-15 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. House Rep. Chabot, Steve [R-OH-1] OH R C000266 1 Business Activity Tax Simplification Act of 2018 This bill expands the federal prohibition against state taxation of interstate commerce to include taxation of out-of-state transactions involving all forms of property and services, including the furnishing or gathering of information and sales or transactions involving digital goods or services. (Under current law, the prohibition applies only to sales of tangible personal property.) The bill also (1) prohibits state taxation of an out-of-state entity unless the entity has a physical presence in the taxing state, (2) sets forth criteria for determining physical presence in a state, and (3) specifies requirements for computing the tax liability of affiliated businesses operating in a state. 2023-01-11T13:41:26Z  
115-hr-6981 115 hr 6981 School SAFETY Results Act of 2018 Taxation 2018-09-28 2018-09-28 Referred to the House Committee on Ways and Means. House Rep. Budd, Ted [R-NC-13] NC R B001305 0 School Security and Facilities Enhancement to Yield Results Act of 2018 or the School SAFETY Results Act of 2018 This bill amends the Internal Revenue Code to exclude from gross income a portion of the law enforcement pension received by a retired law enforcement officer who is volunteering as a school resource officer at an elementary or secondary school. The amount of the exclusion per year may not exceed the lesser of: (1) the product of $10, multiplied by the number of hours the individual spends performing school resource service during the year; and (2) $2,000. 2023-01-11T13:41:26Z  
115-hr-6983 115 hr 6983 Uncovering Foreign Influence in the United States Act of 2018 Taxation 2018-09-28 2018-09-28 Referred to the House Committee on Ways and Means. House Rep. Conaway, K. Michael [R-TX-11] TX R C001062 6 Uncovering Foreign Influence in the United States Act of 2018 This bill establishes additional disclosure requirements for certain tax-exempt organizations that receive foreign source contributions. The bill also imposes an excise tax on a U.S. person who fails to disclose a political contribution that is made on behalf of or funded by a person other than a U.S. person or bona fide resident of a U.S. possession. 2023-01-11T13:41:26Z  
115-hr-6999 115 hr 6999 Conservation Capital Gains Exclusion Act of 2018 Taxation 2018-09-28 2018-09-28 Referred to the House Committee on Ways and Means. House Rep. Meadows, Mark [R-NC-11] NC R M001187 0 Conservation Capital Gains Exclusion Act of 2018 This bill amends the Internal Revenue Code to exclude from gross income, for income tax purposes, any gain from the sale of land or a qualified real property interest to a qualified organization exclusively for conservation purposes. A "qualified organization" includes certain governmental units and tax-exempt organizations. A "qualified real property interest" is any interest in real property that is: (1) the entire interest of the taxpayer, (2) a remainder interest, or (3) a restriction (granted in perpetuity) on the use which may be made of the real property. 2023-01-11T13:41:25Z  
115-hr-7000 115 hr 7000 Tribal Tax Empowerment and Jobs Act of 2018 Taxation 2018-09-28 2018-09-28 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Noem, Kristi L. [R-SD-At Large] SD R N000184 0 Tribal Tax Empowerment and Jobs Act of 2018 This bill extends or modifies several tax credits, tax deductions, and related rules that affect Native Americans tribes. 2023-01-11T13:41:25Z  
115-hr-6928 115 hr 6928 Consumers REBATE Act Taxation 2018-09-27 2018-09-27 Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Energy and Commerce, Science, Space, and Technology, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. McNerney, Jerry [D-CA-9] CA D M001166 0 Consumers Rebate to ban Emissions and Boost AlTernative Energy Act or the Consumers REBATE Act This bill imposes an excise tax on the carbon dioxide content of coal, oil, and natural gas. The tax must be paid by the producer, miner, or importer of the taxable carbon substance and does not apply to exports of the substances. Beginning in 2020, the tax rate is $25 per ton of carbon dioxide content of the life-cycle emissions from the taxable carbon substance. After 2020, the tax increases by $10 each year and does not apply if specified emissions reduction benchmarks have been attained. The bill also includes provisions that require certain fees or refunds for taxable carbon substances that are exported or imported. Funds equivalent to the revenues received from the tax must be transferred to a Carbon Trust Fund established by this bill. The funds must be used, as provided by appropriations Acts, to offset reductions in individual income tax rates, pay quarterly dividends to certain individuals with valid Social Security numbers; and for specified worker transition assistance, energy, research, and infrastructure priorities. 2023-01-11T13:41:28Z  
115-hr-6936 115 hr 6936 Bridge to Medicare Act of 2018 Taxation 2018-09-27 2018-09-27 Referred to the House Committee on Ways and Means. House Rep. Bera, Ami [D-CA-7] CA D B001287 4 Bridge to Medicare Act of 2018 This bill amends the Internal Revenue Code to allow certain retirees a tax deduction for health insurance premiums paid for a plan offered in the individual market. The deduction applies to individuals who: (1) have no earned income, (2) are not eligible for certain Medicare benefits, and (3) are not eligible for a premium assistance tax credit to purchase insurance on an exchange established under the Patient Protection and Affordable Care Act. 2023-01-11T13:41:28Z  
115-hr-6937 115 hr 6937 Health Savings Modernization Act of 2018 Taxation 2018-09-27 2018-09-27 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Bera, Ami [D-CA-7] CA D B001287 1 Health Savings Modernization Act of 2018 This bill modifies the requirements for tax-favored health savings accounts (HSAs) to: allow the high deductible health plans required for an HSA to provide certain coverage without a deductible, allow HSAs to be used for the medical expenses of adult children who are under the age of 27, allow excess payments of the premium assistance tax credit to be paid to the taxpayer's HSA, modify the limit on out-of-pocket expenses for high deductible health plans, and increase the HSA contribution limit to the amount of the limit for the sum of the deductible and out-of-pocket expenses for a high deductible health plan. The bill also eliminates provisions in the Patient Protection and Affordable Care Act that restrict the individuals who may purchase catastrophic health plans. (Under current law, the plans are limited to individuals who are younger than 30 years of age or who have a hardship exemption.) 2023-01-11T13:41:28Z  
115-hres-1097 115 hres 1097 Supporting responsible middle class tax cuts. Taxation 2018-09-27 2018-09-27 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Rosen, Jacky [D-NV-3] NV D R000608 2 Expresses support for responsible middle class tax cuts and closing special interest loopholes rather than providing more tax cuts for corporations and the ultrawealthy. Opposes repealing any existing middle class tax cuts and paying for any tax cuts with cuts to Social Security, Medicare, or Medicaid. 2023-01-11T13:41:23Z  
115-hr-6899 115 hr 6899 Human Trafficking Survivor Tax Relief Act Taxation 2018-09-26 2018-09-26 Referred to the House Committee on Ways and Means. House Rep. Marchant, Kenny [R-TX-24] TX R M001158 3 Human Trafficking Survivor Tax Relief Act This bill amends the Internal Revenue Code to exclude from gross income civil damages, restitution, or other monetary awards (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded to victims of peonage, slavery, or human trafficking. 2023-01-11T13:41:29Z  
115-hr-6900 115 hr 6900 Spotlight Act Taxation 2018-09-26 2018-09-26 Referred to the House Committee on Ways and Means. House Rep. Price, David E. [D-NC-4] NC D P000523 15 Spotlight Act This bill repeals an Internal Revenue Service (IRS) revenue procedure (Rev. Proc. 2018-38) that exempts certain tax-exempt organizations that are not 501(c)(3) organizations from the requirement to report the names and addresses of substantial contributors (persons who contribute more than $5,000 per year) on information returns that are filed with the IRS. The bill requires tax-exempt organizations that fall under sections 501(c)(4), 501(c)(5), and 501(c)(6) of the Internal Revenue Code (e.g., social welfare organizations, labor organizations, business leagues) to disclose the names and addresses of all substantial contributors on their returns. The information must also be made available to the public. The bill also eliminates the authority of the IRS to provide exceptions to the disclosure requirements for tax-exempt organizations. This provision does not apply to determinations made by the IRS before July 16, 2018. 2023-01-11T13:41:29Z  
115-hr-6915 115 hr 6915 Building Efficiently Act of 2018 Taxation 2018-09-26 2018-09-26 Referred to the House Committee on Ways and Means. House Rep. Langevin, James R. [D-RI-2] RI D L000559 0 Building Efficiently Act of 2018 This bill amends the Internal Revenue Code to expand the new energy efficient home tax credit to allow, in lieu of the existing credit, a credit for 3.3% of the cost of constructing a new energy efficient home that is a qualified energy efficient residential rental property. An energy efficient residential rental property must be certified as being constructed, reconstructed, or retrofitted under a plan designed to reduce energy and power consumption of the building by at least 40% compared to: (1) the baseline annual energy and power consumption of the building in the case of a retrofit made to an existing building, or (2) a reference building which meets the minimum requirements of the International Energy Conservation Code 2004 in any other case. The bill also eliminates the basis reduction requirements for low-income housing properties receiving: (1) the new energy efficient home credit, (2) the energy efficient commercial buildings deduction, or (3) the credit for investments in energy property. 2023-01-11T13:41:29Z  
115-hr-6921 115 hr 6921 Students and Families Empowerment Act Taxation 2018-09-26 2018-09-26 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. House Rep. Rice, Kathleen M. [D-NY-4] NY D R000602 0 Students and Families Empowerment Act This bill amends the Internal Revenue Code, with respect to the deduction for interest on education loans, to replace the dollar limitation and the limitation based on modified adjusted gross income with a $750,000 limit ($1.5 million in the case of a joint return) on the aggregate amount of qualified education loans that may be taken into account for the deduction. The bill excludes from gross income the discharge of any student loan debt pursuant to income contingent and income-based repayment plans under the Higher Education Act of 1965. The bill also amends the Higher Education Act of 1965 to extend from 6 months to 12 months: (1) the grace period before payment must begin on Federal Direct Stafford Loans and Federal Direct Unsubsidized Stafford Loans after the student ceases to carry at least one-half of the normal full-time academic workload, and (2) the deferment periods for parent borrowers and graduate or professional student borrowers with Federal Direct PLUS Loans. The bill prohibits interest from accruing on a Federal Direct Unsubsidized Stafford Loan or a Federal Direct PLUS Loan during the 12-month extension or deferral period. 2023-01-11T13:41:28Z  
115-s-3504 115 s 3504 Human Trafficking Survivor Tax Relief Act Taxation 2018-09-26 2018-09-26 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6343-6346) Senate Sen. Cornyn, John [R-TX] TX R C001056 3 Human Trafficking Survivor Tax Relief Act This bill amends the Internal Revenue Code to exclude from gross income civil damages, restitution, or other monetary awards (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded to victims of peonage, slavery, or human trafficking. 2023-01-11T13:41:19Z  
115-hr-6871 115 hr 6871 Rural Broadband Connectivity Act of 2018 Taxation 2018-09-25 2018-09-25 Referred to the House Committee on Ways and Means. House Rep. Marino, Tom [R-PA-10] PA R M001179 5 Rural Broadband Connectivity Act of 2018 This bill amends the Internal Revenue Code to allow a tax credit for a portion of the cost of a broadband project designed to expand the number of individuals with broadband service in a qualified rural census tract. A "qualified rural census tract" must be designated by the Department of the Treasury as: (1) being rural, and (2) having less than 50% of residents with access to broadband service. 2023-01-11T13:41:30Z  
115-hr-6873 115 hr 6873 EITC Modernization Act of 2018 Taxation 2018-09-25 2018-09-25 Referred to the House Committee on Ways and Means. House Rep. Watson Coleman, Bonnie [D-NJ-12] NJ D W000822 18 EITC Modernization Act of 2018 This bill modifies the Earned Income Tax Credit (EITC) to: (1) make certain individuals who are college students or have an aged or disabled dependent eligible for the credit, (2) specify minimum credit amounts for the qualifying students and individuals with an aged or disabled dependent, (3) allow certain EITC recipients to elect to receive the credit payments monthly, and (4) decrease from 25 to 18 the minimum age of eligibility for individuals without dependents. The bill also requires the Internal Revenue Service to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of underserved populations. 2023-01-11T13:41:30Z  
115-hr-6890 115 hr 6890 CAPITAL Act of 2018 Taxation 2018-09-25 2018-09-25 Referred to the House Committee on Ways and Means. House Rep. Meadows, Mark [R-NC-11] NC R M001187 7 Creating Advancement and Personal Improvement in Targeted American Localities Act of 2018 or the CAPITAL Act of 2018 This bill amends the Internal Revenue Code to allow opportunity zones to be designated every 10 years. (Opportunity zones are certain low-income areas in which various tax incentives are available for investments in the zones. Under current law, the existing designations expire after 10 years, and no additional designations are permitted.) 2023-01-11T13:41:30Z  
115-sjres-64 115 sjres 64 A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Returns by Exempt Organizations and Returns by Certain Non-Exempt Organizations". Taxation 2018-09-24 2018-12-12 Held at the desk. Senate Sen. Tester, Jon [D-MT] MT D T000464 41 This joint resolution nullifies a Department of the Treasury rule (Rev. Proc. 2018-38) that modifies the requirements for information returns filed by certain tax-exempt organizations. The Treasury rule exempts certain tax-exempt organizations that are not 501(c)(3) organizations from the requirement to report the names and addresses of their contributors on returns filed with the Internal Revenue Service (IRS). The organizations must continue to collect and keep the information to make it available to the IRS upon request. 2023-01-11T13:40:38Z  
115-hr-6854 115 hr 6854 Hurricane Florence Tax Relief Act Taxation 2018-09-20 2018-09-20 Referred to the House Committee on Ways and Means. House Rep. Holding, George [R-NC-2] NC R H001065 11 Hurricane Florence Tax Relief Act This bill amends the Internal Revenue Code to allow various tax credits, deductions, and modifications to existing rules for individuals and businesses affected by Hurricane Florence. With respect to individuals and businesses in the affected areas, the bill: waives the 10% additional tax on early distributions from retirement plans for up to $100,000 in distributions made on or after September 13, 2018, and before January 1, 2020; permits individuals to recontribute funds to retirement plans if the funds were distributed for a home purchase in a Hurricane Florence disaster area that was cancelled on account of the hurricane; increases the limit and extends the repayment deadline for loans from retirement plans; allows an employee retention tax credit for a portion of the wages paid to an employee whose principal place of employment on specified dates was in a Hurricane Florence disaster zone; temporarily suspends the limitation on charitable contributions for relief efforts in the Hurricane Florence disaster area; modifies the rules for the deduction for personal casualty losses; and allows taxpayers to use earned income from the immediately preceding year for the purpose of determining earned income for the earned income tax credit and the child tax credit. 2023-01-11T13:41:31Z  
115-s-3459 115 s 3459 Disabled Access Credit Expansion Act Taxation 2018-09-18 2018-09-18 Read twice and referred to the Committee on Finance. Senate Sen. Duckworth, Tammy [D-IL] IL D D000622 6 Disabled Access Credit Expansion Act This bill amends the Internal Revenue Code, with respect to the tax credit for expenditures by an eligible small business to provide access to disabled individuals, to: (1) increase from $10,250 to $20,500 the annual dollar limitation for eligible access expenditures, (2) require the $20,500 limit to be adjusted for inflation after 2018, and (3) increase from $1 million to $2.5 million the gross receipts limitation for an eligible small business. The bill also requires the Department of Justice (DOJ) to carry out an ADA Mediation Program to: (1) facilitate voluntary mediation to resolve disputes arising under the Americans with Disabilities Act of 1990, and (2) train mediators who provide services through the program. DOJ may hire or enter into contracts with personnel for the program. DOJ must also report to Congress on the ADA Information Line, which is a toll-free line operated by DOJ to provide information and materials to the public about the requirements of the Americans with Disabilities Act of 1990. 2023-01-11T13:41:21Z  
115-s-3473 115 s 3473 Qualified Health Savings Account Distribution Act of 2018 Taxation 2018-09-18 2018-09-18 Read twice and referred to the Committee on Finance. Senate Sen. Sasse, Ben [R-NE] NE R S001197 0 Qualified Health Savings Account Distribution Act of 2018 This bill amends the Internal Revenue Code, with respect to the requirements for tax-preferred health accounts, to modify the rules for using a conversion or termination of a flexible spending account or a health reimbursement arrangement to establish a health savings account. 2023-01-11T13:41:20Z  
115-hr-6832 115 hr 6832 Safe Helicopters Now Act Taxation 2018-09-17 2018-09-17 Referred to the House Committee on Ways and Means. House Rep. Polis, Jared [D-CO-2] CO D P000598 1 Safe Helicopters Now Act This bill amends the Internal Revenue Code to allow a tax credit equal to 10% of the costs of making changes to a fuel system in an emergency medical rotorcraft to comply with certain requirements for fuel system crash resistance. 2023-01-11T13:41:32Z  
115-hr-6841 115 hr 6841 Disaster Savings and Resilient Construction Act of 2018 Taxation 2018-09-17 2018-09-17 Referred to the House Committee on Ways and Means. House Rep. Reed, Tom [R-NY-23] NY R R000585 0 Disaster Savings and Resilient Construction Act of 2018 This bill amends the Internal Revenue Code to allow a business-related tax credit for a specified portion of the cost of commercial and residential buildings that comply with resilient construction requirements in a federally-declared major disaster area. The bill defines "resilient construction requirements" as requirements that such buildings are designed and constructed to: (1) resist hazards brought on by a major disaster; (2) continue to provide their primary functions after a major disaster; (3) reduce the magnitude or duration of a disruptive event; and (4) have the absorptive capacity, adaptive capacity, and recoverability to withstand a potentially disruptive event. The credit does not apply to property for which a certificate of occupancy is issued after December 31, 2022. 2023-01-11T13:41:31Z  
115-hr-6842 115 hr 6842 Disaster Certainty Act Taxation 2018-09-17 2018-09-17 Referred to the House Committee on Ways and Means. House Rep. Rice, Tom [R-SC-7] SC R R000597 0 Disaster Certainty Act This bill amends the Internal Revenue Code to delay several tax-related deadlines by 60 days for residents of areas in which the governor has requested a federal disaster declaration under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. 2023-01-11T13:41:31Z  
115-s-3449 115 s 3449 Electric CARS Act of 2018 Taxation 2018-09-17 2018-09-17 Read twice and referred to the Committee on Finance. Senate Sen. Merkley, Jeff [D-OR] OR D M001176 10 Electric Credit Access Ready at Sale Act of 2018 or the Electric CARS Act of 2018 This bill amends the Internal Revenue Code to modify and extend several tax credits related to electric cars. The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2028. In addition, the bill modifies the credit to: remove the limitation on the number of vehicles per manufacturer that are eligible for the credit, allow a taxpayer to assign the credit to a financing entity, and allow an unused credit to be carried forward for five years. The bill also extends through 2028 the tax credits for: (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles. 2023-01-11T13:41:21Z  
115-s-3450 115 s 3450 Presidential Tax Transparency Act Taxation 2018-09-17 2018-09-17 Read twice and referred to the Committee on Finance. Senate Sen. Sasse, Ben [R-NE] NE R S001197 0 Presidential Tax Transparency Act This bill amends the Internal Revenue Code to require the Internal Revenue Service (IRS) to disclose and make publicly available tax returns and return information for certain candidates for President and Vice President of the United States. The requirement applies to tax returns and return information for the 10-year period before the individual becomes a candidate. The disclosure may not include the Social Security number of any individual, any financial account number, the name of any individual under age 18, or the home address of any individual (other than the city and state in which the address is located). 2023-01-11T13:41:21Z  
115-hr-6812 115 hr 6812 Employee Business Expense Deduction Reinstatement Act of 2018 Taxation 2018-09-13 2018-09-13 Referred to the House Committee on Ways and Means. House Rep. Grothman, Glenn [R-WI-6] WI R G000576 0 Employee Business Expense Deduction Reinstatement Act of 2018 This bill amends the Internal Revenue Code to reinstate the miscellaneous itemized deduction for unreimbursed expenses paid or incurred by an individual in connection with the performance of services as an employee. (Under current law, all miscellaneous itemized deductions are suspended through 2025. Miscellaneous itemized deductions are allowed if they collectively exceed 2% of adjusted gross income.) 2023-01-11T13:41:32Z  
115-hr-6813 115 hr 6813 Homecare for Seniors Act Taxation 2018-09-13 2018-09-13 Referred to the House Committee on Ways and Means. House Rep. Johnson, Sam [R-TX-3] TX R J000174 8 Homecare for Seniors Act This bill amends the Internal Revenue Code to allow distributions from health savings accounts (HSAs) to be used for qualified home care. "Qualified home care" includes a contract to provide three or more of the following services in the residence of the service recipient: assistance with eating, assistance with toileting, assistance with transferring, assistance with bathing, assistance with dressing, assistance with continence, and medication adherence. The Department of Health and Human Services must carry out a campaign to increase public awareness of the in-home service expenses that are eligible for tax-free distribution from HSAs. 2023-01-11T13:41:32Z  
115-hr-6817 115 hr 6817 Home Equity Loan Deduction Restoration Act Taxation 2018-09-13 2018-09-13 Referred to the House Committee on Ways and Means. House Rep. Maloney, Carolyn B. [D-NY-12] NY D M000087 0 Home Equity Loan Deduction Restoration Act This bill amends the Internal Revenue Code to reinstate the deduction for interest on home equity loans. (Under current law, the deduction is suspended through 2025.) 2023-01-11T13:41:32Z  
115-hr-6824 115 hr 6824 Online Sales Simplicity and Small Business Relief Act of 2018 Taxation 2018-09-13 2018-09-13 Referred to the House Committee on the Judiciary. House Rep. Sensenbrenner, F. James, Jr. [R-WI-5] WI R S000244 7 Online Sales Simplicity and Small Business Relief Act of 2018 This bill prohibits states from imposing a sales tax collection duty on certain remote sellers. A "remote seller" is a person without a physical presence in a state who makes a sale in the state. With respect to remote sellers, a state: (1) may not impose a sales tax collection duty for any sale that occurred before June 21, 2018, and (2) may only impose a sales tax collection duty for a sale that occurs after January 1, 2019. In the case of a small business remote seller (no more than $10 million in gross annual receipts in the United States), a state may not impose a sales tax collection duty on any person other than the purchaser if the sale is made: (1) on or after June 21, 2018; and (2) before the date that is 30 days after the states develop and Congress approves an interstate compact, applicable to the state and sale, governing the imposition of tax collection duties on remote sellers. 2023-01-11T13:41:32Z  
115-hr-6790 115 hr 6790 Monetary Metals Tax Neutrality Act of 2018 Taxation 2018-09-12 2018-09-12 Referred to the House Committee on Ways and Means. House Rep. Mooney, Alexander X. [R-WV-2] WV R M001195 1 Monetary Metals Tax Neutrality Act of 2018 This bill amends the Internal Revenue Code to exempt gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of: (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots which are valued primarily based on their metal content and not their form. 2023-01-11T13:41:33Z  
115-hr-6756 115 hr 6756 American Innovation Act of 2018 Taxation 2018-09-10 2018-09-28 Received in the Senate and Read twice and referred to the Committee on Finance. House Rep. Buchanan, Vern [R-FL-16] FL R B001260 26 American Innovation Act of 2018 This bill consolidates and expands the existing tax deductions for start-up expenditures and organizational expenditures of taxpayers beginning an active trade or business. For the year in which an active trade or business begins, the bill allows a single deduction equal to the lesser of (1) the aggregate amount of start-up and organizational expenditures paid or incurred in connection with the active trade or business, or (2) $20,000, reduced (but not below zero) by the amount by which the aggregate amount exceeds $120,000. The $20,000 and $120,000 limits must be adjusted for inflation after 2019. The bill also allows a start-up business to use net operating loss carryforwards, net operating losses, and unused general business tax credits after an ownership change without being subject to certain limitations required under current law. 2023-01-11T13:41:34Z  
115-hr-6757 115 hr 6757 Family Savings Act of 2018 Taxation 2018-09-10 2018-09-28 Received in the Senate and Read twice and referred to the Committee on Finance. House Rep. Kelly, Mike [R-PA-3] PA R K000376 29 Family Savings Act of 2018 This bill modifies the requirements for employer-provided retirement plans and tax-favored savings accounts. With respect to employer-provided retirement plans, the bill modifies requirements regarding: multiple employer and pooled employer plans, nonelective contributions to 401(k) plans, loans, the portability of lifetime income investments, the treatment of custodial accounts upon termination of section 403(b) plans, retirement income accounts for church-controlled organizations, required minimum distributions, retirement plan contributions picked up by government employers for new or existing employees, elective deferrals by members of the Ready Reserve of a reserve component of the Armed Forces, and nondiscrimination rules. The bill modifies requirements for other tax-favored savings account to: treat taxable non-tuition fellowship and stipend payments as compensation for the purpose of an Individual Retirement Account (IRA), repeal the maximum age for traditional IRA contributions, allow individuals to establish tax-favored universal savings accounts, expand the purposes for which qualified tuition programs (commonly known as 529 plans) may be used, and allow certain penalty-free withdrawals from retirement plans if a child is born or adopted. 2023-01-11T13:41:34Z  
115-hr-6760 115 hr 6760 Protecting Family and Small Business Tax Cuts Act of 2018 Taxation 2018-09-10 2018-10-01 Received in the Senate and Read twice and referred to the Committee on Finance. House Rep. Davis, Rodney [R-IL-13] IL R D000619 40 Protecting Family and Small Business Tax Cuts Act of 2018 This bill amends the Internal Revenue Code to make permanent several tax provisions that were enacted in 2017 and are scheduled to expire at the end of 2025. The bill makes permanent provisions that: reduce individual tax rates, modify the taxation of the unearned income of children, allow a deduction for qualified business income of pass-through entities, increase the standard deduction, increase and modify the child tax credit, increase the limitation for certain charitable contributions, allow additional contributions to ABLE accounts (tax-favored accounts designed to enable individuals with disabilities to save for and pay for disability-related expenses), allow certain members of the Armed Forces in the Sinai Peninsula of Egypt to receive combat zone tax benefits, exclude from gross income discharges of student loan debt due to the death or disability of the student, repeal the deduction for personal exemptions, limit individual deductions for state and local taxes, limit the mortgage interest deduction, double the estate and gift tax exemption amount, increase the alternative minimum tax exemption amount for individuals, and repeal or limit several other deductions and exclusions. The bill also: extends through 2020 the reduction in the adjusted gross income threshold for the medical expense deduction, modifies the capital gains tax brackets, and modifies tax filing requirements for married taxpayers. 2023-01-11T13:41:34Z  
115-hr-6767 115 hr 6767 To amend the Internal Revenue Code of 1986 to allow qualified education loan repayments from section 529 plans. Taxation 2018-09-10 2018-09-10 Referred to the House Committee on Ways and Means. House Rep. Paulsen, Erik [R-MN-3] MN R P000594 0 This bill amends the Internal Revenue Code to allow qualified tuition programs (known as 529 plans) to be used to repay qualified education loans. The bill allows up to $10,000 in distributions from a 529 plan to be used to pay the principal or interest on a qualified education loan of the designated beneficiary or a sibling of the beneficiary. 2023-01-11T13:41:34Z  
115-hr-6736 115 hr 6736 Small Business Tax Fairness and Compliance Simplification Act Taxation 2018-09-07 2018-09-07 Referred to the House Committee on Ways and Means. House Rep. LaHood, Darin [R-IL-18] IL R L000585 1 Small Business Tax Fairness and Compliance Simplification Act This bill expands the tax credit for a portion of the employer-paid Social Security taxes for employee cash tips to include beauty service establishments. (Under current law, the credit is limited to tips received for providing, serving, or delivering food or beverages.) The credit applies to tips received in connection with providing beauty services to a customer or client if tipping employees who provide the service is customary. "Beauty services" include barbering and hair care, nail care, esthetics, and body and spa treatments. The bill also (1) establishes an employer tip reporting safe harbor, and (2) specifies reporting requirements for income received from renting space to individuals who provide beauty services. The employer tip reporting safe harbor provides an exemption from certain Internal Revenue Service tip examinations for employers who meet certain requirements for educational programs, reporting procedures, compliance with tax law, and recordkeeping. 2023-01-11T13:41:35Z  

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CREATE TABLE legislation (
    bill_id TEXT PRIMARY KEY,
    congress INTEGER,
    bill_type TEXT,
    bill_number INTEGER,
    title TEXT,
    policy_area TEXT,
    introduced_date TEXT,
    latest_action_date TEXT,
    latest_action_text TEXT,
    origin_chamber TEXT,
    sponsor_name TEXT,
    sponsor_state TEXT,
    sponsor_party TEXT,
    sponsor_bioguide_id TEXT,
    cosponsor_count INTEGER DEFAULT 0,
    summary_text TEXT,
    update_date TEXT,
    url TEXT
);
CREATE INDEX idx_leg_congress ON legislation(congress);
CREATE INDEX idx_leg_type ON legislation(bill_type);
CREATE INDEX idx_leg_policy ON legislation(policy_area);
CREATE INDEX idx_leg_date ON legislation(introduced_date);
CREATE INDEX idx_leg_sponsor ON legislation(sponsor_name);
CREATE INDEX idx_leg_sponsor_bioguide ON legislation(sponsor_bioguide_id);
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