US Congress Subject | Income tax deductions

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USHB636PassAmerica'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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2016-07-15
Became Public Law No: 114-190.
USHB1270EngrossRestoring Access to Medication and Improving Health Savings Act of 2016 (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 savin...
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2016-07-11
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 550.
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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2016-07-11
Motion to Discharge Committee filed by Mr. Courtney. Petition No: 114-6. ( ">Discharge petition text with signatures.)
USHB3590IntroHalt Tax Increases on the Middle Class and Seniors Act (Sec. 2) This bill amends the Internal Revenue Code to roll back the increased threshold for determining the amount of the tax deduction for medical expenses. Currently, individual taxpayers unde...
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2016-07-05
Placed on the Union Calendar, Calendar No. 508.
USHB5545IntroPreventing Investment in Terrorist Regimes Act
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2016-06-21
To House Ways And Means 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 (includin...
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2016-06-09
Placed on the Union Calendar, Calendar No. 476.
USHB4936IntroMain Street Jobs and Opportunity Act of 2016 This bill amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption, with a...
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2016-05-17
To House Subcommittee on the Constitution And Civil Justice Committee
USSB2823IntroSteel Industry Preservation Act This bill amends the Internal Revenue Code to extend and modify the production tax credit for steel industry fuel. (Under current law, steel industry fuel is a fuel which is: (1) produced through a process of liquefyin...
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2016-04-20
To Senate Finance Committee
USHB5002IntroSteel Industry Preservation Act This bill amends the Internal Revenue Code to extend and modify the production tax credit for steel industry fuel. (Under current law, steel industry fuel is a fuel which is: (1) produced through a process of liquefyin...
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2016-04-20
To House Ways And Means Committee
USHB4948IntroArtist-Museum Partnership Act of 2015 This bill amends the Internal Revenue Code to allow taxpayers who create literary, musical, artistic, scholarly compositions, or similar property a fair market value (determined at the time of contribution) tax d...
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2016-04-14
To House Ways And Means Committee
USHB4942IntroDELIVER Act of 2016 Delivering Elderly Lunches and Increasing Volunteer Engagement and Reimbursements Act of 2016 This bill amends the Internal Revenue Code to increase the standard mileage rate for the tax deduction for the charitable use of a passe...
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2016-04-14
To House Ways And Means Committee
USHB4943IntroTribal Tax and Investment Reform Act of 2016
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2016-04-14
To House Education And The Workforce Committee
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 Co...
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2016-03-23
To House Subcommittee on Health, Employment, Labor, and Pensions Committee
USHB4067IntroSAVE Act of 2015 Small Businesses Add Value for Employees 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 rollover...
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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
USHB4870IntroPromise Zone Job Creation Act of 2016 This bill amends the Internal Revenue Code to direct the Departments of Housing and Urban Development and Agriculture, acting jointly, to designate, before January 1, 2017, not more than 20 areas as Promise Zones...
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2016-03-23
To House Ways And Means Committee
USSB2734IntroCLEAN UP Act Creating Livable Environments And New Usable Property Act This bill amends the Internal Revenue Code to extend through 2019: (1) the exclusion of gain or loss on the sale or exchange of brownfield sites (land used for commercial or indus...
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2016-03-17
To Senate Finance Committee
USHB4770IntroTo amend the Internal Revenue Code of 1986 to provide appropriate rules for the application of the deduction for income attributable to domestic production activities with respect to certain contract manufacturing or production arrangements. This bil...
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2016-03-16
To House Ways And Means Committee
USSB2677IntroIn the Red Act of 2016
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2016-03-15
To Senate Finance Committee
USSB2666IntroCorporate Inverters Earnings Stripping Reform Act of 2016 This bill amends the Internal Revenue Code to impose limitations on the tax deduction for interest paid by corporations which are designated as applicable entities (i.e., members of an expande...
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2016-03-10
To Senate Finance Committee
USSB2648IntroCREATE Act of 2016 Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2016 This bill amends the Internal Revenue Code to prescribe a special rule for the deduction from a creator's gross income of the fair market va...
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2016-03-08
To Senate Finance Committee
USHB4658IntroTo amend the Internal Revenue Code of 1986 to decrease the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line deduction for travel expenses. This bill amends the Internal Rev...
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2016-03-04
To House Subcommittee on Readiness Committee
USSB2623IntroProtecting Americans from Drug Marketing Act This bill amends the Internal Revenue Code to deny a tax deduction for the cost of direct-to-consumer advertising of prescription drugs. The bill defines "direct-to-consumer advertising" as any disseminati...
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2016-03-03
To Senate Finance Committee
USHB4696IntroHOME Act Helping Our Middle-Income Earners Act This bill amends the Internal Revenue Code to allow individual taxpayers an income-based tax deduction, up to $5,000, for qualified homeowners association assessments paid during the taxable year. The bi...
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2016-03-03
To House Ways And Means Committee
USHB4699IntroWorking Parents Flexibility Act of 2016 This bill amends the Internal Revenue Code to establish a tax-exempt parental leave savings account for the care of a child, to which an individual taxpayer who has earned income from employment during the past...
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2016-03-03
To House Ways And Means Committee
USHB4672IntroTo amend the Internal Revenue Code of 1986 to make permanent the exception for marginal production from the taxable income limit on percentage depletion for oil and natural gas wells. This bill amends the Internal Revenue Code to make permanent the s...
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2016-03-02
To House Ways And Means Committee
USHB644PassAmerica Gives More Act of 2015 TITLE I--TRADE FACILITATION AND TRADE ENFORCEMENT (Sec. 101) This bill directs the U.S. Customs and Border Protection (CBP) to ensure that CBP partnership programs, such as the Customs-Trade Partnership Against Terroris...
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2016-02-24
Became Public Law No: 114-125.
USHB4469IntroHealth Savings Act of 2016 This bill amends the Internal Revenue Code, with respect to the taxation of health savings accounts (HSAs), to: rename high deductible health plans as HSA-qualified health plans; allow spouses who have both attained age 55 ...
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2016-02-24
Sponsor introductory remarks on measure. (CR H865)
USHB4608IntroSAVE for Small Businesses Act Savings Accounts for a Variable Economy for Small Businesses Act This bill amends the Internal Revenue Code to: (1) provide for tax-exempt small business savings accounts, and (2) allow tax deductible contributions to su...
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2016-02-24
To House Ways And Means Committee
USHB4581IntroStop Corporate Earnings Stripping Act of 2016 This bill amends the Internal Revenue Code to limit the tax deduction available to certain foreign-controlled U.S. multinational corporations for excess interest on debt incurred by such corporation (i.e....
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2016-02-23
To House Ways And Means Committee
USHB4577IntroExpanding Employee Ownership Act of 2016 This bill amends the Internal Revenue Code to exclude from the gross income of an employee: (1) shares of employer securities received in a qualified employee stock distribution as compensation for services th...
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2016-02-12
To House Ways And Means Committee
USHB4541IntroSTAPLER Act of 2016 Save Teachers of Adults from Paying out of Their Livelihood for Education Resources Act of 2016 This bill amends the Internal Revenue Code to include individuals who provide adult education for at least 250 hours in a taxable year...
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2016-02-11
To House Ways And Means Committee
USSB2519IntroEmpowering 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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2016-02-09
To Senate Finance Committee
USHB4494IntroRenters Fairness and Equality Act This bill amends the Internal Revenue Code to allow a tax deduction of all rent paid paid or accrued on the principal residence of a taxpayer, but denies such deduction if the assessed or appraised value of the resid...
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2016-02-08
To House Ways And Means Committee
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
USSB2499IntroHealth Savings Act of 2016 This bill amends the Internal Revenue Code, with respect to the taxation of health savings accounts (HSAs), to: rename high deductible health plans as HSA-qualified health plans; allow spouses who have both attained age 55 ...
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2016-02-04
To Senate Finance Committee
USHB3762VetoRestoring Americans' Healthcare Freedom Reconciliation Act of 2015 TITLE 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, ...
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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.
USHB4377IntroAmerican Business Competitiveness Act of 2015 This bill amends the Internal Revenue Code to: reduce the tax rate on the net business income of individual and corporate taxpayers to a maximum 25%; allow full expensing of deductible investment expenses...
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2016-01-13
To House Ways And Means Committee
USHB2029PassMilitary Construction and Veterans Affairs and Related Agencies Appropriations Act, 2016 (Sec. 3) Provides that references to "this Act" included in any division refer only to the provisions of the division unless the bill expressly provides otherwis...
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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 t...
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2015-12-10
To Senate Finance Committee
USHB4192IntroTo amend the Internal Revenue Code of 1986 to clarify the valuation rule applicable to the early termination of certain charitable remainder unitrusts. This bill amends the Internal Revenue Code to set forth a special valuation rule for charitable re...
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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
USHR540IntroExpressing the sense of the House of Representatives that the policies of the United States should support a transition to near zero greenhouse gas emissions, 100 percent clean renewable energy, infrastructure modernization, green jobs, full employme...
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2015-12-04
To House Subcommittee on Energy and Power 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 compute...
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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
USHB4012IntroSAVE Benefits Act Seniors And Veterans Emergency 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 ...
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2015-12-03
To House Subcommittee on Disability Assistance and Memorial Affairs 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) who...
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2015-12-03
To House Subcommittee on Disability Assistance and Memorial Affairs Committee
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