US Congress Subject | Income tax deductions

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USHB636EngrossAmerica's Small Business Tax Relief Act of 2015 (Sec. 2) This bill amends the Internal Revenue Code to make permanent after 2014 the $500,000 allowance for the expensing of depreciable business property (section 179 property) and the $2 million thres...
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2016-04-19
Message on Senate action sent to the House.
USHB3555IntroJobs! Jobs! Jobs! Act of 2015 This bill: (1) prohibits the use of funds made available by this Act, with specified exceptions, for a project for the construction, alteration, maintenance, or repair of a public building or public work unless all of th...
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2016-03-23
To House Subcommittee on Workforce Protections Committee
USHB3777IntroAmerica First Act This bill increases discretionary spending limits, repeals sequestration for direct spending, and includes offsets that change direct spending programs and tax provisions. The bill amends the Balanced Budget and Emergency Deficit ...
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2016-03-23
To House Subcommittee on Health, Employment, Labor, and Pensions Committee
USHB4067IntroSmall Businesses Add Value for Employees Act of 2015 or the SAVE Act of 2015 This bill amends the Internal Revenue Code, with respect to employer-established simple individual retirement accounts (IRAs) and pension plans, to: repeal restrictions on...
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2016-03-23
To House Subcommittee on Health, Employment, Labor, and Pensions Committee
USHB4184IntroFood Recovery Act of 2015 This bill amends the following to provide funding, expand tax deductions, and establish requirements to reduce food waste: the Richard B. Russell National School Lunch Act; the Internal Revenue Code; the Federal Food, Drug,...
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2016-03-23
To House Subcommittee on Early Childhood, Elementary, and Secondary Education Committee
USSB1109EngrossTruth in Settlements Act of 2015 Sets forth new requirements for the public disclosure of any covered settlement agreement entered into by a federal executive agency. (Sec. 2) Defines "covered settlement agreement" as a settlement agreement (includ...
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2016-03-01
Ordered to be Reported by Unanimous Consent.
USHB644Pass(This measure has not been amended since the Conference Report was filed in the House on December 9, 2015. The summary of that version is repeated here.) Trade Facilitation and Trade Enforcement Act of 2015 TITLE I--TRADE FACILITATION AND TRADE ENFO...
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2016-02-24
Became Public Law No: 114-125.
USHB4474IntroFairness for Agricultural Machinery and Equipment Act This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-yea...
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2016-02-04
To House Ways And Means Committee
USHB3762VetoTITLE I--HEALTH, EDUCATION, LABOR, AND PENSIONS (Sec. 101) This bill amends the Patient Protection and Affordable Care Act (PPACA) to terminate the Prevention and Public Health Fund, which provides for investment in prevention and public health progr...
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2016-02-02
The Chair announced that the bill and accompanying veto message were referred to the Committee on the Budget. The Chair directed the Clerk to notify the Senate of the action to the House.
USHB2029PassHighlights: The Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2016 provides FY2016 appropriations to the Department of Defense (DOD) for military construction, military family housing, the U.S. share of the Nort...
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2015-12-18
Became Public Law No: 114-113.
USHB4296IntroYouth Exchange Support Act of 2015 This bill amends the Internal Revenue Code to increase from $50 to $400 per month the amount of the charitable contribution tax deduction for taxpayers who provide housing and support to a student enrolled in an edu...
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2015-12-18
To House Ways And Means Committee
USHB4311IntroProtecting Charitable Contributions Act of 2015 This bill provides that the definitions and regulations in effect on January 1, 2015, relating to the substantiation of deductible charitable contributions in excess of $250, shall apply on and after th...
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2015-12-18
To House Ways And Means Committee
USSB2391IntroAmerican Clean Energy Investment Act of 2015 This bill amends the Internal Revenue Code to extend and modify tax provisions relating to energy. TITLE I--REDUCING CARBON POLLUTION AND CREATING JOBS BY TRANSITIONING TO SUSTAINABLE ENERGY SOURCES This...
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2015-12-10
To Senate Finance Committee
USHB4192IntroThis bill amends the Internal Revenue Code to set forth a special valuation rule for charitable remainder unitrusts that terminate early for purposes of the tax deduction for charitable contributions.
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2015-12-08
To House Ways And Means Committee
USSB2370IntroProtecting Charitable Contributions Act of 2015 This bill provides that the definitions and regulations in effect on January 1, 2015, relating to the substantiation of deductible charitable contributions in excess of $250, shall apply on and after th...
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2015-12-08
To Senate Finance Committee
USHR540IntroDeclares that the House of Representatives shall: support the achievement of near zero greenhouse gas emissions nationally by January 1, 2050, through policies that shift the U.S. energy supply strategy from fossil fuels to 100% renewable energy, in...
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2015-12-04
To House Subcommittee on Energy and Power Committee
USHB4012IntroSeniors And Veterans Emergency Benefits Act or the SAVE Benefits Act This bill directs the Department of the Treasury to disburse a payment equal to 3.9% of the average amount of annual benefits to certain individuals (except prisoners, fugitive felo...
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2015-12-03
To House Subcommittee on Disability Assistance and Memorial Affairs Committee
USSB2350IntroFull Expensing Act of 2015 This bill amends the Internal Revenue Code to expand the expensing allowance for certain depreciable business property (section 179 property) by: (1) redefining "section 179 property" to include tangible property or comput...
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2015-12-03
To Senate Finance Committee
USHB4175IntroGroundwater Conservation Incentive Act of 2015 This bill amends the Internal Revenue Code to expand the tax deduction for soil and water conservation expenditures to include expenditures to reduce groundwater use and for the conversion from groundwat...
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2015-12-03
To House Ways And Means Committee
USHB4144IntroSeniors And Veterans Emergency (SAVE) Benefits Act This bill directs the Department of the Treasury to disburse a payment equal to 3.9% of the average amount of annual benefits to certain individuals (except prisoners, fugitive felons, or aliens) wh...
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2015-12-03
To House Subcommittee on Disability Assistance and Memorial Affairs Committee
USHB4165IntroMechanical Insulation Installation Incentive Act of 2015 This bill amends the Internal Revenue Code to allow an additional tax deduction for the cost of installing mechanical insulation property. The bill: (1) limits the amount of such deduction to ...
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2015-12-03
To House Ways And Means Committee
USSB2346IntroEmergency Citrus Disease Response Act This bill amends the Internal Revenue Code to allow a full deduction in the current taxable year of the cost of replanting lost or damaged citrus plants. The taxpayer must own an equity interest of at least 50% ...
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2015-12-02
To Senate Finance Committee
USSR323IntroSupports the designation of December 1, 2015, as #Giving Tuesday to: (1) encourage charitable giving; (2) effect positive change; and (3) promote causes dedicated to progress, prosperity, and a better world. Supports strong incentives for all people ...
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2015-12-01
To Senate Finance Committee
USHB868IntroVeterans TRICARE Choice Act Allows an individual who is eligible to participate in the TRICARE program (a Department of Defense [DOD] managed health care program) to: (1) elect to be ineligible to enroll in such program, (2) make tax deductible cont...
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2015-11-23
To House Subcommittee on Military Personnel Committee
USHB4090IntroHealth Care Choices for Seniors Act
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2015-11-20
To House Subcommittee on Health Committee
USSB2313IntroPhilanthropic Facilitation Act This bill amends the Internal Revenue Code to: (1) expand the definition of, and requirements relating to, "program-related investments" made by private foundations to for-profit entities to further certain charitable ...
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2015-11-19
To Senate Finance Committee
USHB4068IntroPromote Startups Act of 2015 This bill amends the Internal Revenue Code to increase the maximum tax deduction for business start-up expenditures from $5,000 to $15,000 and to increase the deduction for the organizational expenditures of corporations ...
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2015-11-18
To House Ways And Means Committee
USSB2296IntroWorkforce Health Improvement Program Act of 2015 This bill amends the Internal Revenue Code to modify the tax exclusion of the value of on-premises employer-provided athletic facilities. The bill provides for an exclusion from the gross income of an ...
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2015-11-18
To Senate Finance Committee
USHB4040IntroBridge to a Clean Energy Future Act of 2015 This bill amends the Internal Revenue Code to extend various tax credits and deductions relating to energy and to repeal certain tax preferences for oil and gas activities. TITLE I--EXTENSION AND MODIFICAT...
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2015-11-17
To House Ways And Means Committee
USHB1434IntroBank on Students Emergency Loan Refinancing Act Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to establish a program to refinance the unpaid principal, accrued unpaid interest, and late ...
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2015-11-16
To House Subcommittee on Higher Education and Workforce Training Committee
USHB2082IntroSTEM K to Career Act This bill amends the Higher Education Act of 1965 (HEA) to require the Department of Education to forgive student loan obligations of borrowers employed as full-time teachers of science, technology, engineering, or mathematics (S...
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2015-11-16
To House Subcommittee on Higher Education and Workforce Training Committee
USHB2096IntroPromotion and Expansion of Private Employee Ownership Act of 2015 Amends the Internal Revenue Code to: (1) extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities...
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2015-11-16
To House Subcommittee on Health, Employment, Labor, and Pensions Committee
USHB2721IntroPathways Out of Poverty Act of 2015 DIVISION A--EDUCATION TITLE I--STRONG START FOR AMERICA'S CHILDREN Subtitle A--Access to Voluntary Prekindergarten for Low- and Moderate-Income Families Directs the Department of Education (ED) to allot matching g...
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2015-11-16
To House Subcommittee on Higher Education and Workforce Training Committee
USHB2300IntroEmpowering Patients First Act of 2015 This bill repeals the Patient Protection and Affordable Care Act and the health care provisions of the Health Care and Education and Reconciliation Act of 2010, effective as of their enactment. This bill replaces...
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2015-11-16
To House Subcommittee on Health, Employment, Labor, and Pensions Committee
USHB4016IntroThis bill amends the Internal Revenue Code to extend the period in which a corporation may carryover excess contributions for purposes of the tax deduction for charitable contributions from 5 to 20 succeeding taxable years.
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2015-11-16
To House Ways And Means Committee
USSB2251IntroSeniors And Veterans Emergency Benefits Act or the SAVE Benefits Act This bill directs the Department of the Treasury to disburse a payment equal to 3.9% of the average amount of annual benefits to certain individuals (except prisoners, fugitive felo...
[Detail][Text][Discuss]
2015-11-05
To Senate Finance Committee
USHB3957IntroEmergency Citrus Disease Response Act This bill amends the Internal Revenue Code to allow a full deduction in the current taxable year of the cost of replanting lost or damaged citrus plants. The taxpayer must own an equity interest of at least 50% ...
[Detail][Text][Discuss]
2015-11-05
To House Subcommittee on Health Committee
USHB3982IntroFamily Cord Blood Banking Act This bill amends the Internal Revenue Code to treat the cost of private umbilical cord blood or tissue, or placental blood or tissue, banking services as a medical care expense for purposes of the tax deduction for medic...
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2015-11-05
To House Ways And Means Committee
USHB3933Intro179 Act This bill amends the Internal Revenue Code, with respect to the taxpayer election to expense depreciable business property (179 property), to make permanent: (1) the increased $500,000 limitation on the amount of such property eligible for e...
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2015-11-05
To House Ways And Means Committee
USHB3934IntroCorporate Fair Share Tax Act This bill amends the Internal Revenue Code to limit the tax deduction of the interest expense of a U.S. corporation that is a member of a financial reporting group (a group that prepares consolidated financial statements ...
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2015-11-05
To House Ways And Means Committee
USHB3917IntroCharitable Automobile Red-Tape Simplification Act of 2015 or the CARS Act of 2015 This bill amends the Internal Revenue Code, with respect to the tax deduction for charitable contributions, to modify the substantiation rules for donations of qualifi...
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2015-11-03
To House Ways And Means Committee
USSB2218IntroPersonal Health Investment Today Act of 2015 or the PHIT Act of 2015 This bill amends the Internal Revenue Code to allow a medical care tax deduction for up to $1,000 ($2,000 for a joint return or a head of household) of qualified sports and fitness ...
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2015-10-29
To Senate Finance Committee
USHB2510Intro(Sec. 1) This bill amends the Internal Revenue Code to make permanent the additional 50% depreciation allowance, known as bonus depreciation, for depreciable business property (i.e., qualified property) placed in service after December 31, 2014. The ...
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2015-10-28
Placed on the Union Calendar, Calendar No. 240.
USHB3623IntroFairness 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.
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2015-10-27
Sponsor introductory remarks on measure. (CR H7197)
USHB765IntroRestaurant and Retail Jobs and Growth Ac (Sec. 2) This bill amends the Internal Revenue Code to make permanent the 15-year recovery period for qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement p...
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2015-10-23
Placed on the Union Calendar, Calendar No. 232.
USHB1270IntroRestoring Access to Medication Act of 2015 (Sec. 2) This bill repeals provisions of the Internal Revenue Code, added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings ...
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2015-10-23
Placed on the Union Calendar, Calendar No. 234.
USHB2940IntroEducator Tax Relief Act of 2015 (Sec. 2) This bill amends the Internal Revenue Code, with respect to the tax deduction for the expenses of elementary and secondary school teachers, to: (1) allow an inflation adjustment to the amount of such deduction...
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2015-10-23
Placed on the Union Calendar, Calendar No. 236.
USSB2202IntroAgriculture Equipment and Machinery Depreciation Act This bill amends the Internal Revenue Code to eliminate the placed-in-service restriction on the depreciation of certain farming business machinery and equipment and to make permanent the five-year...
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2015-10-22
To Senate Finance Committee
USHR482IntroRecognizes that the United States needs a strong and vibrant charitable and philanthropic sector to enable communities to meet local needs. Expresses support for: (1) the designation of #GivingTuesday as a way to encourage charitable giving; and (2) ...
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2015-10-20
To House Ways And Means Committee
USHB3760IntroOffending Oil Polluters Act This bill amends the Internal Revenue Code to deny any tax credit or deduction to an offending oil polluter. The bill defines "offending oil polluter" as any person who is responsible for a vessel or facility from which o...
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2015-10-16
To House Ways And Means Committee
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