US Congress Subject | Taxation

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USHB4566EngrossVirginia Beach Strong Act This bill confirms that cash contributions made for the exclusive benefit of the families of the dead or wounded victims of the mass shooting in Virginia Beach, Virginia, on May 31, 2019, shall be treated as tax deductible c...
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2019-12-11
Message on Senate action sent to the House.
USHB5250IntroVeterans Back to Work Act of 2019 This bill amends the Internal Revenue Code to (1) make permanent the work opportunity tax credit for hiring qualified veterans (veterans receiving compensation for a service-connected disability and other federal ass...
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2019-12-11
Sponsor introductory remarks on measure. (CR H10028)
USHB5377IntroRestoring Tax Fairness for States and Localities Act This bill increases the tax deduction for state and local taxes in 2019 to $20,000 for persons filing a joint tax return. It eliminates the current $10,000 cap on the deduction in 2020 and 2021. Th...
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2019-12-10
[Hearing: Dec 16 @ 5:00 pm]
To House Ways And Means Committee
USHB5252IntroTo amend the Internal Revenue Code of 1986 to repeal opportunity zones. This bill repeals the investment tax incentive known as qualified opportunity zones on the day after the enactment date of this bill and also repeals the special basis rule for i...
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2019-12-05
Sponsor introductory remarks on measure. (CR H9286)
USHB5293IntroUniversal Charitable Giving Act of 2019 This bill amends the Internal Revenue Code to allow a deduction from gross income (above-the-line deduction) for charitable contributions of individuals who do not elect to itemize deductions for the taxable ye...
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2019-12-03
To House Ways And Means Committee
USHB5271IntroWRCR Act of 2019 Worker Relief and Credit Reform Act of 2019 This bill amends the Internal Revenue Code, with respect to the earned income tax credit, to (1) make the credit available to certain students, (2) modify the age requirement for the credit...
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2019-11-26
To House Ways And Means Committee
USHB5258IntroNo Bonuses During Blackouts Act of 2019 This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy reorganization and that make incentive-based payments, other than salary, to any of their 13 highest co...
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2019-11-22
To House Ways And Means Committee
USHB5261IntroRAISE Act of 2019 Rewarding American Investments to Support Employees Act of 2019 This bill allows employers a tax credit for 10% of the increase in the aggregate amount of wages paid to specified employees in the current taxable year. The credit sha...
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2019-11-22
To House Ways And Means Committee
USHB5259IntroPreserving Family Farms Act of 2019 This bill amends the Internal Revenue Code to increase to $11.4 million (currently, $750,000) the limitation on the special use valuation for farmland or other trades or businesses for estate tax purposes. The incr...
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2019-11-22
To House Ways And Means Committee
USSB2942IntroA bill to amend the Internal Revenue Code of 1986 to provide that certain contributions by government entities are treated as contributions to capital.
[Detail][Text][Discuss]
2019-11-21
To Senate Finance Committee
USHB5215IntroBrownfields Redevelopment Tax Incentive Reauthorization Act of 2019 This bill amends the Internal Revenue Code to extend through 2022 the election to expense (i.e., deduct in the current taxable year) environmental remediation costs (i.e., costs for ...
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2019-11-21
To House Ways And Means Committee
USHB5240IntroTo amend the Internal Revenue Code of 1986 to make the look-thru rule for related controlled foreign corporations permanent. This bill amends the Internal Revenue Code to make permanent the tax rule exempting dividends, interest, rents, and royalties...
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2019-11-21
To House Ways And Means Committee
USHB5154IntroGEO Act of 2019 Geothermal Energy Opportunity Act of 2019
[Detail][Text][Discuss]
2019-11-19
To House Ways And Means Committee
USHB5156IntroCarbon Capture and Sequestration Extension Act of 2019 This bill extends for one year the tax credit for carbon oxide sequestration.
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2019-11-19
To House Ways And Means Committee
USHB5155IntroWaste Heat to Power Investment Tax Credit Act of 2019 This bill amends the Internal Revenue Code to include waste energy recovery property in the 30% energy tax credit, subject to a phaseout. The bill defines "waste energy recovery property" as prope...
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2019-11-19
To House Ways And Means Committee
USHB5165IntroInnovative Energy Manufacturing Act of 2019
[Detail][Text][Discuss]
2019-11-19
To House Ways And Means Committee
USHB5166IntroMechanical Insulation Installation Incentive Act of 2019 This bill allows a tax credit for 10% of the labor costs of installing mechanical insulation property.
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2019-11-19
To House Ways And Means Committee
USHB5161IntroAffordable EVs for Working Families Act of 2019
[Detail][Text][Discuss]
2019-11-19
To House Ways And Means Committee
USHB5159IntroEmpowering Homeowners Energy Efficiency Act of 2019 This bill amends the Internal Revenue Code to expand the tax credit for nonbusiness energy property to include a credit for home energy audits. The amount of such credit is 30% of the cost of a home...
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2019-11-19
To House Ways And Means Committee
USHB5167IntroCORE Justice Act of 2019 Creating Opportunities in Research for Environmental Justice Act of 2019 This bill allows certain educational institutions a tax credit for up to 30% of amounts paid that are necessary for a qualified environmental justice pr...
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2019-11-19
To House Ways And Means Committee
USHB5158IntroPromoting Sustainable Energy Projects for Tribal Communities Act of 2019
[Detail][Text][Discuss]
2019-11-19
To House Ways And Means Committee
USHB5157IntroRenewable Energy Investment Act of 2019
[Detail][Text][Discuss]
2019-11-19
To House Ways And Means Committee
USHB5164IntroEV CHARGE Act of 2019 Electric Vehicle Charging Helps Access to Renewable Green Energy Act of 2019 This bill reinstates and extends through 2024, the 30% tax credit for the cost of alternative fuel vehicle refueling property. The bill allows an addit...
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2019-11-19
To House Ways And Means Committee
USHB5160IntroEnergy Efficient Commercial Buildings Act of 2019 This bill reinstates and extends that tax deduction for energy efficient commercial buildings through 2024. It also increases the maximum allowable amount of such deduction. The bill modifies American...
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2019-11-19
To House Ways And Means Committee
USHB5163IntroGreen Bus Tax Credit Act of 2019 This bill allows a manufacturer a zero-emission bus tax credit. The credit is equal to 10% of the sales price of a zero-emission heavy vehicle. The credit only applies to the first $1 million of a vehicle's sales pric...
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2019-11-19
To House Ways And Means Committee
USHB5162IntroGreen VAN Act of 2019 Green Vehicle Adoption Nationwide Act of 2019 This bill allows a manufacturer a 10% tax credit of the sales price of a zero-emission heavy vehicle. The credit only applies to the first $1 million of a vehicle's sales price. The ...
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2019-11-19
To House Ways And Means Committee
USHB4796IntroMobile Workforce State Income Tax Simplification Act of 2019 This bill prohibits the wages or other remuneration earned by an employee who performs employment duties in more than one state from being subject to income tax in any state other than (1) ...
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2019-11-15
To House Subcommittee on Antitrust, Commercial, and Administrative Law
USHB5114IntroStop EITC and CTC Seizures Act This bill prohibits the Department of the Treasury from reducing a taxpayer's tax refund for student loan debt to the extent that such reduction would cause the refund to be less than the sum of the earned income tax cr...
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2019-11-15
To House Oversight and Reform Committee
USSB2867IntroRural Broadband Investment Tax Credit Act This bill allows a new tax credit for up to 10% of investment in qualifying broadband projects, subject to specified limitations. The bill includes in the definition of "qualifying broadband project" any proj...
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2019-11-14
To Senate Finance Committee
USSB2866IntroRural Broadband Financial Flexibility Act This bill allows the use of tax-exempt private activity bonds to finance qualified broadband projects. A "qualified broadband project" is any project that is designed solely to provide broadband service to on...
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2019-11-14
To Senate Finance Committee
USHB5089IntroAlternative Fuel Tax Credit Extension Act of 2019 This bill extends and phases out the tax credit for alternative fuels used as a motor fuel, including compressed, liquefied, and renewable natural gas. It provides for a credit equal to the product of...
[Detail][Text][Discuss]
2019-11-14
To House Ways And Means Committee
USSB2871IntroIndian Health Service Health Professions Tax Fairness Act of 2019 This bill excludes from gross income, for income tax purposes, payments under the Indian Health Service Loan Repayment Program and certain amounts received under the Indian Health Prof...
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2019-11-14
To Senate Finance Committee
USHB5082IntroGigabit Opportunity Act This bill amends the Internal Revenue Code to authorize the designation of qualified gigabit opportunity zones in low-income communities and to provide tax incentives for investments in the zones. Governors may submit nominati...
[Detail][Text][Discuss]
2019-11-14
To House Ways And Means Committee
USHB5101IntroSuperfund Polluter Pays Act This bill reinstates and extends the Hazardous Substance Superfund Financing rate through 2023 and increases the rate to 16.3 cents a barrel, adjusted for inflation beginning after 2019. The bill imposes on corporations a ...
[Detail][Text][Discuss]
2019-11-14
To House Ways And Means Committee
USSB2841IntroSupport Our Start-Ups Act This bill amends the Internal Revenue Code to extend the tax deduction for new business expenditures to organizational expenditures, generally defined as expenditures incident to the creation of a corporation or a partnershi...
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2019-11-13
To Senate Finance Committee
USSB2849IntroTax Excessive CEO Pay Act of 2019 This bill requires an increase in the corporate income tax rate based upon the ratio of compensation paid to the corporation's highest paid employee to median worker compensation. The pay ratios range from greater th...
[Detail][Text][Discuss]
2019-11-13
To Senate Finance Committee
USHB5066IntroTax Excessive CEO Pay Act of 2019 This bill requires an increase in the corporate income tax rate based upon the ratio of compensation paid to the corporation's highest paid employee to median worker compensation. The pay ratios range from greater th...
[Detail][Text][Discuss]
2019-11-13
To House Ways And Means Committee
USHB5043IntroMillionaires Surtax Act This bill imposes an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million.
[Detail][Text][Discuss]
2019-11-12
To House Ways And Means Committee
USHB5042IntroOpportunity Zone Reform Act This bill modifies requirements relating to qualified opportunity zones. A "qualified opportunity zone" is an area in which investment is encouraged to promote economic development and job creation in distressed communitie...
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2019-11-12
To House Ways And Means Committee
USHB5011IntroOpportunity Zone Accountability and Transparency Act This bill requires a qualified opportunity fund to file an annual return containing certain information, including (1) the name, address, and tax identification number of the fund; (2) certificatio...
[Detail][Text][Discuss]
2019-11-08
To House Ways And Means Committee
USHB4999IntroTo amend the Internal Revenue Code of 1986 to require fairness and diversity in opportunity zone investment. This bill amends the Internal Revenue Code, with respect to opportunity zones, to require a qualified opportunity fund to have an investment ...
[Detail][Text][Discuss]
2019-11-08
To House Ways And Means Committee
USHB5012IntroInvesting in American Workers Act This bill allows a business-related tax credit for employers who increase worker training expenditures. The credit is equal to 20% of the excess of (1) the qualified training expenditures for the taxable year, over (...
[Detail][Text][Discuss]
2019-11-08
To House Ways And Means Committee
USHB5007IntroFarmers' Access to Resources and Machinery Act This bill amends the Internal Revenue Code, with respect to private activity bond financing for first-time farmers, to (1) increase from $450,000 to $524,200 (adjusted annually for inflation) the amount ...
[Detail][Text][Discuss]
2019-11-08
To House Ways And Means Committee
USSB2819IntroLifetime Learning Credit Enhancement Act This bill amends the Internal Revenue Code, with respect to the lifetime learning tax credit, to increase the taxpayer income ceiling for purposes of the phaseout of such credit. Under current law, the phaseou...
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2019-11-07
To Senate Finance Committee
USSB2809IntroMillionaires Surtax Act This bill imposes an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million.
[Detail][Text][Discuss]
2019-11-07
To Senate Finance Committee
USSB2793IntroPrimary Care Patient Protection Act of 2019 This bill modifies the requirements for the high deductible health plans that are required for tax-preferred health savings accounts. The bill requires the plans to offer coverage with no deductible for pri...
[Detail][Text][Discuss]
2019-11-06
To Senate Finance Committee
USSB2787IntroOpportunity Zone Reporting and Reform Act This bill establishes annual reporting requirements for qualified opportunity funds and requires certain identifying information on persons investing in such funds. It also provides for penalties for failing ...
[Detail][Text][Discuss]
2019-11-06
To Senate Finance Committee
USSB2790IntroFoster Opportunity EITC Act of 2019 This bill amends the Internal Revenue Code to modify earned income tax credit provisions to increase such credit for individuals with no children and extend from 65 to 68 the age limit for such credit. It also lowe...
[Detail][Text][Discuss]
2019-11-06
To Senate Finance Committee
USHB4926IntroPrevent Family Fire Act of 2019 This bill allows a new business-related tax credit for 10% of the amount of the first retail sale of a safe firearm storage device. The amount upon which the credit is based may not exceed $400. A "safe firearm storage...
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2019-10-31
Sponsor introductory remarks on measure. (CR H8707)
USSB2756IntroPhilanthropic 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 pu...
[Detail][Text][Discuss]
2019-10-31
To Senate Finance Committee
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