Relating To Capital Gains. [SB-154]
[Taxes ]
[Finance ]
Increases the capital gains tax threshold from 7.25 per cent to 9 per cent. Effective for tax years beginning after 12/31/2020.
SB-154: Relating To Capital Gains.
Sponsored by: Sen. Chris Kalani Lee
Carried Over To 2022 Regular Session. on 12/10/2021
Relating To Capital Gains. [HB-133]
[Taxes ]
[Finance ]
Increases the capital gains tax threshold from 7.25% to 9%. Increases the alternative capital gains tax for corporations from 4 to 5%. Applies for tax years beginning after 12/31/2020. (SD1)
HB-133: Relating To Capital Gains.
Sponsored by: Rep. Linda E. Ichiyama
Received Notice Of Discharge Of All Conferees (hse. Com. No. 797). on 04/26/2022
S.3217: A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.
Sponsored by: Sen. Robert Menendez
Read Twice And Referred To The Committee On Finance. on 11/17/2021
You have voted S.3217: A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules..
Stop Wall Street Looting Act [HB-5648]
[Finance ]
[Consumer Protection ]
[Small Business ]
To subject certain private funds to joint and several liability with respect to the liabilities of firms acquired and controlled by those funds, and for other purposes.
HB-5648: Stop Wall Street Looting Act
Sponsored by: Rep. Raul M. Grijalva
Referred To The Subcommittee On Antitrust, Commercial, And Administrative Law. on 11/01/2022
You have voted HB-5376: Build Back Better Act Birth Through Five Child Care and Early Learning Entitlement Act Trade Adjustment Assistance Modernization Act of 2021.
Ending the Carried Interest Loophole Act [S.2617]
[Taxes ]
[Finance ]
A bill to amend the Internal Revenue Code of 1986 to revise the treatment of partnership interests received in connection with the performance of services, and for other purposes.
S.2617: Ending the Carried Interest Loophole Act
Sponsored by: Sen. Ron Wyden
Read Twice And Referred To The Committee On Finance. on 08/05/2021
Modernization of Derivatives Tax Act of 2021 [S.2621]
[Taxes ]
[Finance ]
A bill to amend the Internal Revenue Code of 1986 to modernize the tax treatment of derivatives and their underlying investments, and for other purposes.
S.2621: Modernization of Derivatives Tax Act of 2021
Sponsored by: Sen. Ron Wyden
Read Twice And Referred To The Committee On Finance. on 08/05/2021
HB-4422: To amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.
Sponsored by: Rep. Daniel T. Kildee
Introduced In House on 07/13/2021
You have voted HB-4422: To amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules..
Promotion and Expansion of Private Employee Ownership Act of 2021 [HB-4141]
[Small Business ]
[Labor, Jobs, Employment ]
[Taxes ]
[Pensions ]
To amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes.
HB-4141: Promotion and Expansion of Private Employee Ownership Act of 2021
Sponsored by: Rep. James R. Langevin
Introduced In House on 06/24/2021
Gigabit Opportunity Act [HB-3377]
[Telecommunications ]
[Taxes ]
[Technology and Innovation ]
[Economic Development ]
[Investments ]
To amend the Internal Revenue Code of 1986 to provide tax benefits for investments in gigabit opportunity zones.
HB-3377: Gigabit Opportunity Act
Sponsored by: Rep. David G. Valadao
Referred To The Subcommittee On Communications And Technology. on 05/21/2021
Middle Class Savings Act [HB-3265]
[Taxes ]
[Finance ]
To amend the Internal Revenue Code of 1986 to apply current income tax bracket breakpoints to capital gains brackets.
HB-3265: Middle Class Savings Act
Sponsored by: Rep. Doug LaMalfa
Introduced In House on 05/17/2021
Carried Interest Fairness Act of 2021 [S.1598]
[Taxes ]
A bill to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities.
S.1598: Carried Interest Fairness Act of 2021
Sponsored by: Sen. Jack Reed
Read Twice And Referred To The Committee On Finance. on 05/12/2021
CAN Act Connect America Now Act [HB-2977]
[Telecommunications ]
[Taxes ]
[Small Business ]
To amend the Internal Revenue Code of 1986 to exclude gain from the sale or exchange of the entire interest in a wholly-owned rural incumbent local exchange carrier, and for other purposes.
HB-2977: CAN Act Connect America Now Act
Sponsored by: Rep. Drew Ferguson
Introduced In House on 05/04/2021
Clean Energy for America Act [S.1298]
[Energy ]
[Taxes ]
[Climate Change ]
A bill to amend the Internal Revenue Code of 1986 to provide tax incentives for increased investment in clean energy.
S.1298: Clean Energy for America Act
Sponsored by: Sen. Jack Reed
Read Twice And Referred To The Committee On Finance. on 04/22/2021
Promotion and Expansion of Private Employee Ownership Act of 2021 [S.1300]
[Small Business ]
[Labor, Jobs, Employment ]
[Taxes ]
[Pensions ]
[Economic Development ]
A bill to amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes.
S.1300: Promotion and Expansion of Private Employee Ownership Act of 2021
Sponsored by: Sen. Robert P. Casey
Read Twice And Referred To The Committee On Finance. on 04/22/2021
End Polluter Welfare Act of 2021 [S.1167]
[Energy ]
[Environmental ]
[Taxes ]
[Budget and Spending ]
[Climate Change ]
A bill to eliminate subsidies for fossil-fuel production.
S.1167: End Polluter Welfare Act of 2021
Sponsored by: Sen. Cory A. Booker
Read Twice And Referred To The Committee On Finance. on 04/15/2021
HB-2286: To amend the Internal Revenue Code of 1986 to treat property transferred by gift or at death as sold for fair market value, and for other purposes.
Sponsored by: Rep. Ro Khanna
Introduced In House on 03/29/2021
You have voted HB-2286: To amend the Internal Revenue Code of 1986 to treat property transferred by gift or at death as sold for fair market value, and for other purposes..