Empowering Employees through Stock Ownership Act [S.1444]
[Labor, Jobs, Employment ]
[Taxes ]
[Small Business ]
[Finance ]
Empowering Employees through Stock Ownership Act This bill amends the Internal Revenue Code to allow an employee to elect to defer, for income tax purposes, income attributable to certain stock transferred to the employee by an employer. The employee may defer the inclusion of income from the stock until the year that includes the earliest of the dates on which: the stock becomes transferable; the employee becomes an excluded employee; stock of the corporation becomes readily tradable on an established securities market; seven years have passed
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S.1444: Empowering Employees through Stock Ownership Act
Sponsored by: Sen. Mark Warner
Read Twice And Referred To The Committee On Finance. on 06/27/2017
Tax Cuts and Jobs Act [HB-1]
[Taxes ]
[Labor, Jobs, Employment ]
[Small Business ]
[Energy ]
[Budget and Spending ]
[Healthcare ]
[Insurance ]
[Investments ]
[Real Estate ]
[International ]
[Trade ]
[Pensions ]
[Retirement ]
[Alcoholic Beverages ]
[Manufacturing ]
[Construction ]
[Property Tax ]
[Public Lands and National Parks ]
[Finance ]
Tax Cuts and Jobs Act This bill amends the Internal Revenue Code (IRC) to reduce tax rates and modify policies, credits, and deductions for individuals and businesses. It also establishes an oil and gas leasing program for the Coastal Plain of the Arctic National Wildlife Refuge (ANWR) in Alaska. (Unless otherwise specified, provisions referred to in this summary as temporary or as a suspension of an existing provision apply for taxable years beginning after December 31, 2017, and before January 1, 2026.) TITLE I Subtitle A-- Individual Tax Reform
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HB-1: Tax Cuts and Jobs Act
Sponsored by: Rep. Tom Rice
Signed By President. on 12/22/2017
Airline Passengers' Bill of Rights [S.1418]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
[Public Safety ]
Airline Passengers' Bill of Rights This bill directs the Department of Transportation to prescribe regulations relating to: protections for airline passengers from being required to involuntarily relinquish their seats, unless necessary for safety or security; the elimination of the dollar limitations on compensation to passengers denied boarding due to overbooking; compensation to passengers for delayed or cancelled flights; interline agreements between air carriers and other transportation providers; training on the rights of passengers; unreasonable
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S.1418: Airline Passengers' Bill of Rights
Sponsored by: Sen. Edward Markey
Read Twice And Referred To The Committee On Commerce, Science, And Transportation. on 06/22/2017
To amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes. [HB-2995]
[Energy ]
[Environmental ]
[Finance ]
[Budget and Spending ]
[Climate Change ]
To amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes. This bill establishes a U.S. Green Bank that provides financial support to assist regional, state, and local institutions finance: (1) clean energy (e.g., solar or wind energy) projects, or (2) energy efficiency projects that reduce energy use or substantially reduce greenhouse gas emissions. The Department of the Treasury must issue green bonds to provide the bank with: (1) an initial capitalization
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HB-2995: To amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes.
Sponsored by: Rep. Gerald Connolly
Referred To The Subcommittee On Health. on 06/23/2017
You have voted HB-2995: To amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes..
Foreign Investment and Economic Security Act of 2017 [HB-2932]
[National Security ]
[Trade ]
[Economic Development ]
[Finance ]
[Defense ]
[International ]
[Technology and Innovation ]
[Labor, Jobs, Employment ]
Foreign Investment and Economic Security Act of 2017 This bill amends the Defense Production Act of 1950 to provide for: (1) national security reviews of transactions involving the construction of a new facility in the United States by any foreign person (currently, national security reviews are conducted only for certain mergers, acquisitions, or takeovers by or with a foreign person); and (2) net U.S. benefit reviews of new construction, mergers, acquisitions, or takeovers by or with a foreign person. The bill makes net benefit reviews mandatory
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HB-2932: Foreign Investment and Economic Security Act of 2017
Sponsored by: Rep. Raul Grijalva
Referred To The Subcommittee On Digital Commerce And Consumer Protection. on 06/23/2017
Stopping the Pharmaceutical Industry from Keeping Drugs Expensive (SPIKE) Act of 2017 [S.1348]
[Healthcare ]
[Medicare and Medicaid ]
[Pharmaceuticals ]
[Consumer Protection ]
[Public Health ]
Stopping the Pharmaceutical Industry from Keeping Drugs Expensive (SPIKE) Act of 2017 This bill amends title XI (General Provisions) of the Social Security Act to require manufacturers of drugs with specified percentage increases in their wholesale costs to submit to the Centers for Medicare & Medicaid Services (CMS) written justification for certain increases in drug prices. The CMS shall publish each submission, together with an easily understandable summary, on its website. Certain proprietary information may be excluded from publication, as
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S.1348: Stopping the Pharmaceutical Industry from Keeping Drugs Expensive (SPIKE) Act of 2017
Sponsored by: Sen. Ron Wyden
Read Twice And Referred To The Committee On Finance. on 06/13/2017
EPIC Act Election Protection & Integrity Certification Act [HB-2852]
[Elections ]
[Taxes ]
[Voting Rights ]
[Finance ]
EPIC Act Election Protection & Integrity Certification Act This bill amends the Internal Revenue Code to require an organization applying for tax-exempt status to certify that it will not: (1) use foreign funds to make certain expenditures in connection with an election, a political party, or an electioneering communication; or (2) solicit, accept, or receive a contribution or donation from a foreign national for an election or a political party. A tax-exempt organization must certify in its annual tax return that it has not violated the requirements
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Fight Russian Corruption Act [HB-2820]
[International ]
[Energy ]
[Media and Advertising ]
[Infrastructure ]
[National Security ]
[Real Estate ]
[Trade ]
[Law Enforcement ]
[Defense ]
[Cybersecurity ]
[Military ]
[Finance ]
[Crime ]
Fight Russian Corruption Act This bill amends the State Department Basic Authorities Act of 1956 to require the Department of State to establish the Office of Anti-Corruption relating to Illicit Russian Financial Activities in Europe. Such office shall: (1) analyze financial networks of the Russian Federation operating in European countries that relate to real estate, energy, media, infrastructure, and other sectors; and (2) train U.S. liaison officers to serve in key U.S. diplomatic and consular posts in such countries to cooperate with foreign
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HB-2820: Fight Russian Corruption Act
Sponsored by: Rep. Ted Poe
Introduced In House on 06/07/2017
Corporate Responsibility and Taxpayer Protection Act of 2017 [HB-2814]
[Taxes ]
[Healthcare ]
[Food ]
[Housing ]
[Medicare and Medicaid ]
[Budget and Spending ]
[Labor, Jobs, Employment ]
[Poverty ]
[Public Health ]
[Children and Youth ]
Corporate Responsibility and Taxpayer Protection Act of 2017 This bill amends the Internal Revenue Code to impose a tax on large employers whose employees receive certain federal benefits during the year. A "large employer" is an employer who employed an average of at least 500 full-time employees on business days during the preceding year. The tax is equal to the benefits that the employees receive under: (1) the Supplemental Nutrition Assistance Program (SNAP, formerly known as the food stamp program), (2) the school lunch and school breakfast
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HB-2814: Corporate Responsibility and Taxpayer Protection Act of 2017
Sponsored by: Rep. Barbara Lee
Introduced In House on 06/07/2017
HR-377: Expressing the sense of the House of Representatives that Congress should confirm that money is not free speech and that corporations are not people for purposes of the First Amendment right to make campaign contributions by enacting a constitutional amendment overturning the decision of the Supreme Court in the case of Citizens United v. Federal Election Commission, and should restore the right of Congress and the States to impose limits on the amount of expenditures that may be made by candidates and others in support of elections for public office by enacting a constitutional amendment overturning the decision of the Supreme Court in the case of Buckley v. Valeo.
Sponsored by: Rep. Richard Nolan
Referred To The Subcommittee On The Constitution And Civil Justice. on 07/11/2017
You have voted HR-377: Expressing the sense of the House of Representatives that Congress should confirm that money is not free speech and that corporations are not people for purposes of the First Amendment right to make campaign contributions by enacting a constitutional amendment overturning the decision of the Supreme Court in the case of Citizens United v. Federal Election Commission, and should restore the right of Congress and the States to impose limits on the amount of expenditures that may be made by candidates and others in support of elections for public office by enacting a constitutional amendment overturning the decision of the Supreme Court in the case of Buckley v. Valeo..
White House Ethics Transparency Act of 2017 [HB-2762]
[Ethics ]
White House Ethics Transparency Act of 2017 This bill requires an federal official who issues or approves a waiver or authorization relating to ethical standards applicable to executive branch political appointees under specified executive orders to transmit, within 30 days after issuing or approving such waiver or authorization, a written copy of the waiver or authorization to the Office of Government Ethics and make them available to the public on the websites of the agencies employing such appointees and the Office of Government Ethics. This
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HB-2762: White House Ethics Transparency Act of 2017
Sponsored by: Rep. Ted Lieu
Referred To The Subcommittee On The Constitution And Civil Justice. on 07/12/2017
S Corporation Modernization Act of 2017 [HB-1696]
[Taxes ]
[Small Business ]
[Retirement ]
S Corporation Modernization Act of 2017 This bill amends the Internal Revenue Code, with respect to the tax treatment of S corporations, to: allow a nonresident alien to be a qualifying beneficiary of an electing small business trust (ESBT), which is a type of trust that is permitted to hold shares in an S corporation; allow S corporations to increase passive investment income from 25% to 60% without incurring additional taxes; eliminate a provision terminating the S corporation status of corporations with excessive passive income for three consecutive
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HB-1696: S Corporation Modernization Act of 2017
Sponsored by: Rep. David Reichert
Introduced In House on 03/23/2017
SCORE for Small Business Act of 2018 [HB-1700]
[Small Business ]
[Technology and Innovation ]
[Data Privacy ]
[Economic Development ]
[Funding ]
[Grants ]
[Cybersecurity ]
SCORE for Small Business Act of 2018 This bill amends the Small Business Act to reauthorize the SCORE program (Service Corps of Retired Executives) for FY2018-FY2019. The program is renamed as simply the SCORE program. The Small Business Administration (SBA) shall award a grant to the SCORE Association (or any successor group) to manage the program. Based on business experience and knowledge, a volunteer participating in the program shall: provide at no cost to individuals who own, or aspire to own, small business concerns personal counseling, mentoring,
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HB-1700: SCORE for Small Business Act of 2018
Sponsored by: Rep. Alma Adams
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 07/11/2018
Israel Anti-Boycott Act [HB-1697]
[Trade ]
[International ]
[Human Rights ]
[National Security ]
Israel Anti-Boycott Act This bill declares that Congress: (1) opposes the United Nations Human Rights Council resolution of March 24, 2016, which urges countries to pressure companies to divest from, or break contracts with, Israel; and (2) encourages full implementation of the United States-Israel Strategic Partnership Act of 2014 through enhanced, governmentwide, coordinated U.S.-Israel scientific and technological cooperation in civilian areas. The bill amends the Export Administration Act of 1979 to declare that it shall be U.S. policy to oppose:
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HB-1697: Israel Anti-Boycott Act
Sponsored by: Rep. Alexander Mooney
Committee Consideration And Mark-up Session Held. on 06/28/2018
Israel Anti-Boycott Act [S.720]
[Trade ]
[International ]
[Human Rights ]
[National Security ]
Israel Anti-Boycott Act This bill declares that Congress: (1) opposes the United Nations Human Rights Council resolution of March 24, 2016, which urges countries to pressure companies to divest from, or break contracts with, Israel; and (2) encourages full implementation of the United States-Israel Strategic Partnership Act of 2014 through enhanced, governmentwide, coordinated U.S.-Israel scientific and technological cooperation in civilian areas. The bill amends the Export Administration Act of 1979 to declare that it shall be U.S. policy to oppose:
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S.720: Israel Anti-Boycott Act
Sponsored by: Sen. Susan Collins
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 03/23/2017
S Corporation Modernization Act of 2017 [S.711]
[Taxes ]
[Small Business ]
[Retirement ]
S Corporation Modernization Act of 2017 This bill amends the Internal Revenue Code, with respect to the tax treatment of S corporations, to: allow a nonresident alien to be a qualifying beneficiary of an electing small business trust (ESBT), which is a type of trust that is permitted to hold shares in an S corporation; allow S corporations to increase passive investment income from 25% to 60% without incurring additional taxes; eliminate a provision terminating the S corporation status of corporations with excessive passive income for three consecutive
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S.711: S Corporation Modernization Act of 2017
Sponsored by: Sen. Benjamin Cardin
Read Twice And Referred To The Committee On Finance. on 03/23/2017
Infrastructure 2.0 Act [HB-1670]
[Infrastructure ]
[Finance ]
[Taxes ]
[Transportation and Motor Vehicles ]
[Budget and Spending ]
[Energy ]
[Economic Development ]
Infrastructure 2.0 Act This bill amends the Internal Revenue Code, with respect to the taxation of earnings and profits of a deferred foreign income corporation, to: (1) make such earnings and profits subject to taxation in the last year that ends before the enactment of this bill; (2) reduce the tax rate on such earnings and profits by allowing an exemption of 75% (equal to a tax of 8.75% of repatriated earnings and profits); and (3) allow corporations to pay the tax in installments. The bill also: establishes and provides appropriations for a
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HB-1670: Infrastructure 2.0 Act
Sponsored by: Rep. Sean Maloney
Referred To The Subcommittee On Aviation. on 03/23/2017
HB-1686: To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities.
Sponsored by: Rep. Luis Correa
Introduced In House on 03/22/2017
You have voted HB-1686: To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities..