Business Expenses
US Congress 114th Congress
Stop Subsidizing Childhood Obesity Act [HB-5232]
[Food ]
[Taxes ]
[Children and Youth ]
[Public Health ]
[Education ]
[Healthcare ]
Stop Subsidizing Childhood Obesity Act This bill amends the Internal Revenue Code to deny a tax deduction for: (1) 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; and (2) for related expenses, including for 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
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Sponsored by: Rep. Barbara Lee
Referred To The Subcommittee On Early Childhood, Elementary, And Secondary Education. on 09/19/2016
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Safe Drug Disposal Tax Credit Act of 2016 [HB-5194]
[Taxes ]
[Healthcare ]
[Pharmaceuticals ]
[Public Health ]
[Overdose Prevention ]
Safe Drug Disposal Tax Credit Act of 2016 This bill amends the Internal Revenue Code to establish a tax credit for 30% of the program costs of an entity to establish or maintain a drug disposal site where individuals can deposit drugs to be disposed of legally at no cost to the individual. The credit includes the costs of materials for the site, outreach and training about the use of the site, and the safe disposal of drugs collected at the site.
Sponsored by: Rep. Earl Blumenauer
Introduced In House on 05/11/2016
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REACH Act of 2016 Research and Experimentation Advances Competitiveness at Home Act of 2016 [HB-5187]
[Taxes ]
[Small Business ]
[Science ]
[Economic Development ]
REACH Act of 2016 Research and Experimentation Advances Competitiveness at Home Act of 2016 This bill amends the Internal Revenue Code to increase the alternative simplified tax credit for research expenses to 20% from the existing rate of 14% (12% for years ending before January 1, 2009).
Sponsored by: Rep. David Valadao
Introduced In House on 05/10/2016
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Steel Industry Preservation Act [HB-5002]
[Taxes ]
[Energy ]
[Manufacturing ]
[Trade ]
[Small Business ]
[Economic Development ]
Steel 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 liquefying coal waste sludge and distributing it on coal, and (2) used as a feedstock for the manufacture of coke.) The bill modifies the tax credit for steel industry fuel to: extend the credit period and the placed-in-service date, revise the definition of "steel industry fuel" to allow blends of coal and petroleum
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Sponsored by: Rep. Tim Ryan
Introduced In House on 04/20/2016
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American Business Competitiveness Act of 2015 [HB-4377]
[Taxes ]
[Small Business ]
[Trade ]
[Economic Development ]
American 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 in the current taxable year; redefine "net business income" to allow the deduction of the cost of business purchases; convert to a territorial system for taxing overseas income; apply the same tax rate to interest income of individuals that is applicable to dividends and capital gains income; and allow
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Sponsored by: Rep. Steve Russell
Introduced In House on 01/13/2016
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TRACE Act Transparency Requirements for Agency Conferences and Events Act [HB-3548]
[Budget and Spending ]
[Funding ]
TRACE Act Transparency Requirements for Agency Conferences and Events Act This bill requires the head of a federal agency who is hosting a conference or sending an agency employee to a conference to submit to the relevant congressional committee, not later than 30 days before the conference, a report that includes: (1) an itemized statement of the cost of attending the conference, including the total cost; (2) the total cost to the agency hosting the conference; (3) the names of keynote speakers; (4) a list of conference attendees; (5) the location
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Sponsored by: Rep. Ron Kind
Introduced In House on 09/17/2015
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FILM Act Facilitating Investments in Local Markets Act [HB-2405]
[Film Production ]
[Taxes ]
[Arts and Culture ]
[Economic Development ]
FILM Act Facilitating Investments in Local Markets Act Amends the Internal Revenue Code, with respect to the expensing of the costs of qualified film and television productions, to: (1) extend through 2016 provisions allowing such expensing, and (2) allow such expensing for the costs of certain live theatrical productions.
Sponsored by: Sen. Marsha Blackburn
Introduced In House on 05/19/2015
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Eliminate Special Treatment for Congress Act [HB-2222]
[Taxes ]
Eliminate Special Treatment for Congress Act This bill amends the Internal Revenue Code to repeal the $3,000 limitation on the tax deduction allowed to Members of Congress for ordinary and necessary business expenses.
Sponsored by: Rep. Robert Wittman
Introduced In House on 05/01/2015
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Innovation, Research, and Manufacturing Act [HB-1536]
[Taxes ]
[Manufacturing ]
[Small Business ]
[Technology and Innovation ]
[Labor, Jobs, Employment ]
[Economic Development ]
Innovation, Research, and Manufacturing Act Amends the Internal Revenue Code, with respect to the tax credit for increasing research activities, to: (1) increase such credit (from the sum of 20% of the excess of qualified research expenses for the taxable year over the base amount, 20% of the basic research payments, and 20% of the amounts paid by the taxpayer in carrying on any trade or business during the taxable year to an energy research consortium for energy research to the sum of 30% of each of those); (2) make such credit permanent; and (3)
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Sponsored by: Rep. Julia Brownley
Introduced In House on 03/23/2015
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Hospitality and Commerce Job Recovery Act of 2020 [HB-8802]
[Taxes ]
[Labor, Jobs, Employment ]
[Small Business ]
[Tourism ]
[Food ]
[Public Health ]
[Economic Development ]
[Funding ]
[Grants ]
Establishes new tax credits and revises existing credits and deductions to protect the hospitality and restaurant industries. Specifically, the bill allows a convention and trade show restart tax credit for (1) the costs of participation in a convention, seminar, or similar meeting, a business meeting, or a trade show that takes place after 2020; and (2) the costs of reopening an entertainment facility closed due to the COVID-19 (i.e., coronavirus disease 2019) pandemic. It also allows a business-related tax credit for the costs of reopening restaurants
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Sponsored by: Rep. Darin LaHood
Introduced In House on 11/20/2020
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End Polluter Welfare Act of 2020 [S.4887]
[Energy ]
[Environmental ]
[Taxes ]
[Climate Change ]
A bill to eliminate certain subsidies for fossil-fuel production.
Sponsored by: Sen. Bernard Sanders
Read Twice And Referred To The Committee On Finance. on 11/10/2020
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Follow the Money Act of 2013 [S.791]
[Elections ]
[Taxes ]
[Ethics ]
[Funding ]
[Law Enforcement ]
[Criminal Justice ]
Follow the Money Act of 2013 - Amends the Federal Election Campaign Act of 1971 and the Internal Revenue Code to set forth requirements for the disclosure of independent federal election-related contributions and expenditures. Defines "independent federal election-related activity expenditure" to mean any expenditure that: (1) a reasonable person would conclude is made solely or substantially to influence or attempt to influence the nomination or election of any individual to federal office; (2) is not made in concert or cooperation with, or at
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Sponsored by: Sen. Ron Wyden
Read Twice And Referred To The Committee On Finance. on 04/23/2013
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Cyber Information Sharing Tax Credit Act [S.2717]
[Cybersecurity ]
[Taxes ]
[Technology and Innovation ]
[Small Business ]
[Data Privacy ]
Cyber Information Sharing Tax Credit Act - Amends the Internal Revenue Code to allow a refundable tax credit for qualified Information Sharing and Analysis Organization costs (defined as the sum of dues for membership in the Organization, personnel participation costs, product and service costs directly related to the sharing of information with the Organization, and other amounts [not including amounts for travel] relating to participation in activities of the Organization).
Sponsored by: Sen. Kirsten Gillibrand
Read Twice And Referred To The Committee On Finance. on 07/31/2014
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Working Parents Home Office Act [S.2488]
[Taxes ]
[Family-Related Legislation ]
[Children and Youth ]
[Small Business ]
Working Parents Home Office Act - Amends the Internal Revenue Code, with respect to the home office tax deduction, to allow the use of a portion of a dwelling unit used for conducting a trade or business for the care of a dependent child of the taxpayer.
Sponsored by: Sen. Dean Heller
Sponsor Introductory Remarks On Measure. (cr S3774) on 06/18/2014
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Stop Subsidizing Childhood Obesity Act [S.2342]
[Food ]
[Taxes ]
[Children and Youth ]
[Public Health ]
[Healthcare ]
[Budget and Spending ]
[Education ]
Stop Subsidizing Childhood Obesity Act - Amends the Internal Revenue Code to deny a tax deduction for any business expenses: (1) for advertising or marketing primarily directed at children (defined as individuals under the age of 14) to promote the consumption by such children of food of poor nutritional quality or of a brand primarily associated with food of poor nutritional quality that is primarily directed at children; and (2) for related expenses, including for travel, goods or services constituting entertainment, amusement, or recreation,
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Sponsored by: Sen. Richard Blumenthal
Read Twice And Referred To The Committee On Finance. on 05/15/2014
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STAGE Act [S.2180]
[Arts and Culture ]
[Film Production ]
[Taxes ]
[Small Business ]
[Economic Development ]
Support Theaters in America Growth and Expansion Act or the STAGE Act - Amends the Internal Revenue Code, with respect to the expensing of the costs of qualified film and television productions, to: (1) extend through 2015 provisions allowing such expensing, (2) allow such expensing for the costs of certain live theatrical productions, and (3) provide for the tax treatment of dispositions of an interest in a live theatrical production as a passive activity.
Sponsored by: Sen. Roy Blunt
Read Twice And Referred To The Committee On Finance. on 03/27/2014
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Government Settlement Transparency and Reform Act [S.1654]
[Taxes ]
[Finance ]
Government Settlement Transparency and Reform Act - Amends the Internal Revenue Code to expand provisions relating to the nondeductibility of fines and penalties, to prohibit a tax deduction for any amount paid or incurred to any governmental entity relating to the violation of any law or the investigation or inquiry into a potential violation of law. Exempts from such prohibition: (1) restitution or amounts paid to come into compliance with any law that was violated or otherwise involved in the investigation or inquiry, (2) amounts paid pursuant
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Sponsored by: Sen. Jack Reed
Sponsor Introductory Remarks On Measure. (cr S7831) on 11/05/2013
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Infrastructure and Global Tax Competitiveness Act of 2014 [HB-5857]
[Infrastructure ]
[Taxes ]
[Trade ]
[Economic Development ]
Infrastructure and Global Tax Competitiveness Act of 2014
Sponsored by: Rep. John Delaney
Referred To The Subcommittee On Highways And Transit. on 12/12/2014
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Balancing Act [HB-505]
[Taxes ]
[Energy ]
[Defense ]
[International ]
[Labor, Jobs, Employment ]
[Budget and Spending ]
[Transportation and Motor Vehicles ]
[Infrastructure ]
[Education ]
[Veterans ]
[Construction ]
[Economic Development ]
[Funding ]
[Grants ]
[Military ]
Balancing Act - Title I: Repeal Sequester - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), as amended by the Budget Control Act of 2011, to repeal certain sequestration requirements for enforcement of a specified budget goal. Title II: Close Tax Loopholes to Achieve Balance - Subtitle A: 28 Percent Limitation on Certain Deductions and Exclusions - Amends the Internal Revenue Code to limit tax deductions and other tax exclusions for taxpayers whose adjusted gross income exceeds $200,000 ($250,000
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Sponsored by: Rep. Raul Grijalva
Referred To The Subcommittee On Early Childhood, Elementary, And Secondary Education. on 04/23/2013
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Facilitating Investments in Local Markets Act [HB-4878]
[Film Production ]
[Taxes ]
[Arts and Culture ]
[Investments ]
[Small Business ]
[Economic Development ]
Facilitating Investments in Local Markets Act or the FILM Act - Amends the Internal Revenue Code, with respect to the expensing of the costs of qualified film and television productions, to: (1) extend through 2015 provisions allowing such expensing, and (2) allow such expensing for the costs of certain live theatrical productions.
Sponsored by: Sen. Marsha Blackburn
Sponsor Introductory Remarks On Measure. (cr E1007-1008) on 06/17/2014