Income Tax Credits
Arizona Fifty-third Legislature - First Regular Session (2017)
Medical preceptors; income tax credit [HB-2137]
[Taxes ]
[Healthcare ]
Medical preceptors; income tax credit
Sponsored by: Rep. Heather Carter
House Wm Committee Action: Do Pass Amended, Voting: (5-4-0-0-0-0) on 02/08/2017
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Gettr Arizona Fifty-third Legislature - First Regular Session (2017)
STO aggregate credit cap; freeze. [HB-2059]
[Finance ]
STO aggregate credit cap; freeze.
Sponsored by: Rep. Randall Friese
House Read Second Time on 01/11/2017
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Access Technology Affordability Act of 2017 [S.732]
[Taxes ]
[Technology and Innovation ]
[Disabilities ]
[Consumer Protection ]
Access Technology Affordability Act of 2017 This bill amends the Internal Revenue Code to allow a refundable tax credit equal to the amounts paid for qualified access technology for use by a blind individual who is the taxpayer, the taxpayer's spouse, or any dependent of the taxpayer. "Qualified access technology" is hardware, software, or other information technology with the primary function of converting or adapting information that is visually represented into forms or formats useable by blind individuals. The credit is limited to: (1) costs
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Sponsored by: Sen. Robert Casey
Read Twice And Referred To The Committee On Finance. on 03/27/2017
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Access Technology Affordability Act of 2017 [HB-1734]
[Taxes ]
[Technology and Innovation ]
[Disabilities ]
[Consumer Protection ]
Access Technology Affordability Act of 2017 This bill amends the Internal Revenue Code to allow a refundable tax credit equal to the amounts paid for qualified access technology for use by a blind individual who is the taxpayer, the taxpayer's spouse, or any dependent of the taxpayer. "Qualified access technology" is hardware, software, or other information technology with the primary function of converting or adapting information that is visually represented into forms or formats useable by blind individuals. The credit is limited to: (1) costs
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Sponsored by: Rep. Raul Grijalva
Introduced In House on 03/27/2017
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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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Sponsored by: Rep. Sean Maloney
Referred To The Subcommittee On Aviation. on 03/23/2017
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HELP for Students and Parents Act Higher Education Loan Payments for Students and Parents Act [HB-1656]
[Student Loans ]
[Taxes ]
[Education ]
[Budget and Spending ]
[Small Business ]
[Funding ]
[Grants ]
HELP for Students and Parents Act Higher Education Loan Payments for Students and Parents Act This bill amends the Internal Revenue Code to expand the tax exclusion for employer-provided educational assistance programs to exclude from the gross income of an employee: (1) employer payments of principal or interest on loans for higher education expenses incurred by an employee, and (2) any qualified dependent 529 contributions made by the employer. (Under current law, the maximum exclusion for educational assistance programs is $5,250 per year.) A
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Sponsored by: Rep. Tim Ryan
Introduced In House on 03/21/2017
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Capitalizing on American Methane Act of 2017 [HB-1655]
[Energy ]
[Taxes ]
[Technology and Innovation ]
[Manufacturing ]
[Air Quality ]
[Climate Change ]
Capitalizing on American Methane Act of 2017 This bill amends the Internal Revenue Code to: (1) include in the tax credit for investment in a qualifying gasification project any qualified methane conversion technology, and (2) allow an alternative fuel excise tax credit for liquid fuel produced through qualified methane conversion technology at a facility the construction of which begins before October 1, 2027. The bill defines "qualified methane conversion technology" as a process for the molecular conversion of a fuel consisting principally of
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Sponsored by: Rep. Earl Blumenauer
Introduced In House on 03/21/2017
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Affordable Housing Credit Improvement Act of 2017 [HB-1661]
[Housing ]
[Taxes ]
[Real Estate ]
[Community Development ]
[Native American Affairs ]
Affordable Housing Credit Improvement Act of 2017 This bill amends the Internal Revenue Code, with respect to the low-income housing credit, to rename the credit "the affordable housing credit" and make several modifications to the credit. The bill revises tenant eligibility requirements, with respect to: the average income test, income eligibility for rural projects, increased tenant income, student occupancy rules, and tenant voucher payments that are taken into account as rent. The bill revises various requirements to: establish a 4% minimum
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Sponsored by: Rep. Sean Maloney
Assuming First Sponsorship - Mr. Curbelo Asked Unanimous Consent That He May Hereafter Be Considered As The First Sponsor Of H.r. 1661, A Bill Originally Introduced By Representative Tiberi, For The Purpose Of Adding Cosponsors And Requesting Reprintings Pursuant To Clause 7 Of Rule Xii. Agreed To Without Objection. on 01/16/2018
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American Health Care Act of 2017 [HB-1628]
[Healthcare ]
[Medicare and Medicaid ]
[Taxes ]
[Insurance ]
[Public Health ]
[Mental Health ]
[Pharmaceuticals ]
American Health Care Act of 2017 TITLE I--ENERGY AND COMMERCE Subtitle A--Patient Access to Public Health Programs (Sec. 101) This bill amends the Patient Protection and Affordable Care Act (PPACA) to eliminate funding after FY2018 for the Prevention and Public Health Fund, which provides for investment in prevention and public health programs to improve health and restrain the rate of growth in health care costs. Funds that are unobligated at the end of FY2018 are rescinded. (Sec. 102) The bill amends the Medicare Access and CHIP Reauthorization
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Sponsored by: Rep. Diane Black
Returned To The Calendar. Calendar No. 120. on 07/28/2017
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Veterans Back to Work Act of 2017 [HB-1600]
[Veterans ]
[Taxes ]
[Labor, Jobs, Employment ]
[Social Security ]
[Budget and Spending ]
Veterans Back to Work Act of 2017 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 assistance), and (2) allow employers who hire qualified veterans to elect to claim the tax credit as an exemption from employment and railroad retirement taxes for such veterans' first-year wages, subject to specified limitations. The bill appropriates amounts to the Social Security trust funds and the
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Sponsored by: Rep. Ted Poe
Introduced In House on 03/17/2017
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Fair Access to Health Care Act of 2017 [HB-1589]
[Healthcare ]
[Taxes ]
[Medicare and Medicaid ]
[Poverty ]
Fair Access to Health Care Act of 2017 This bill amends the Internal Revenue Code, with respect to the health care insurance premium assistance tax credit, to adjust by a specified percentage the poverty line cap used to determine the eligibility of low-income taxpayers whose principal residence is located in a high cost area for such credit. The bill defines "specified percentage" as the product of 400% (the current poverty line cap) and the Supplemental Poverty Measure adjustment for the high cost area as determined by the U.S. Census Bureau.
Sponsored by: Rep. Ted Lieu
Introduced In House on 03/16/2017
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A bill to amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities. [S.666]
[Energy ]
[Taxes ]
A bill to amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities. This bill amends the Internal Revenue Code, with respect to the tax credit for the production of electricity from advanced nuclear power facilities, to: (1) establish requirements for the allocation of unutilized portions of the national megawatt capacity limitation, and (2) allow public entities to transfer the credit to project partners. If a portion of the 6,000 national megawatt capacity limitation for the credit is unutilized
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Sponsored by: Sen. Cory Booker
Read Twice And Referred To The Committee On Finance. on 03/15/2017
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Orrin G. Hatch Music Modernization Act [HB-1551]
[Arts and Culture ]
[Energy ]
[Taxes ]
[Technology and Innovation ]
[Funding ]
[Grants ]
Orrin G. Hatch Music Modernization Act (Sec. 1) This bill amends the Internal Revenue Code, with respect to the tax credit for the production of electricity from advanced nuclear power facilities, to: (1) establish requirements for the allocation of unutilized portions of the national megawatt capacity limitation, and (2) allow public entities to transfer the credit to project partners. If a portion of the 6,000 national megawatt capacity limitation for the credit is unutilized after December 31, 2020, the Internal Revenue Service must allocate
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Sponsored by: Rep. Henry Johnson
Became Public Law No: 115-264. on 10/11/2018
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Support Small Business R & D Act of 2017 [S.650]
[Small Business ]
[Taxes ]
[Technology and Innovation ]
[Funding ]
[Grants ]
[Education ]
[Science ]
[Economic Development ]
Support Small Business R & D Act of 2017 (Sec. 3) This bill requires the Small Business Administration (SBA) to develop partnership agreements to: provide for development of basic training relating to federal income tax credits benefitting small business concerns and startups, especially credits for research and experimentation, and informational materials relating to such credits, including Internal Revenue Service (IRS) guidance documents; provide these basic training and informational materials through electronic resources and at physical locations;
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Sponsored by: Sen. Christopher Coons
Committee On Small Business And Entrepreneurship. Ordered To Be Reported Without Amendment Favorably. on 08/02/2017
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Support Small Business R & D Act of 2017 [HB-1543]
[Small Business ]
[Taxes ]
[Technology and Innovation ]
[Education ]
[Funding ]
[Grants ]
[Law Enforcement ]
[Science ]
[Economic Development ]
Support Small Business R & D Act of 2017 This bill requires the Small Business Administration (SBA), in consultation with the Internal Revenue Service (IRS), to develop partnership agreements to: provide for development of basic training relating to federal income tax credits benefitting small business concerns and startups, especially credits for research and experimentation, and informational materials relating to such credits, including IRS guidance documents; provide these basic training and informational materials through electronic resources
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Sponsored by: Rep. Ron Kind
Introduced In House on 03/15/2017
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21st Century Child Care Investment Act [HB-1466]
[Taxes ]
[Children and Youth ]
[Funding ]
[Grants ]
[Human Services ]
[Family-Related Legislation ]
21st Century Child Care Investment Act This bill amends the Internal Revenue Code to allow a tax credit for employment-related expenses for services provided by a high quality child care center. The credit applies to taxpayers with adjusted gross incomes below specified levels and is limited to: (1) $14,000 for each qualifying child who is under the age of three by the end of the year; and (2) $5,000 for each qualifying child who has attained the age of three by the end of the year, with adjustments for inflation after 2017. A "qualifying child"
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Sponsored by: Rep. Barbara Lee
Introduced In House on 03/09/2017
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Corporate Tax Dodging Prevention Act [HB-1451]
[Taxes ]
[Finance ]
[Budget and Spending ]
[Energy ]
[Trade ]
Corporate Tax Dodging Prevention Act This bill amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: eliminate the deferral of tax on the foreign-source income of U.S. corporations for taxable years beginning after December 31, 2017; include previously deferred foreign-source income of corporations as taxable income; deny the foreign tax credit to large integrated oil companies that are dual capacity taxpayers; limit the offset of the foreign tax credit to income that is subject
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Sponsored by: Rep. Janice Schakowsky
Introduced In House on 03/09/2017
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Corporate Tax Dodging Prevention Act [S.586]
[Taxes ]
[Finance ]
[Budget and Spending ]
[Energy ]
Corporate Tax Dodging Prevention Act This bill amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: eliminate the deferral of tax on the foreign-source income of U.S. corporations for taxable years beginning after December 31, 2017; include previously deferred foreign-source income of corporations as taxable income; deny the foreign tax credit to large integrated oil companies that are dual capacity taxpayers; limit the offset of the foreign tax credit to income that is subject
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Sponsored by: Sen. Bernard Sanders
Read Twice And Referred To The Committee On Finance. on 03/09/2017
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Welfare Benefit Reform and Alignment Commission (BRAC) Act [HB-1469]
[Budget and Spending ]
[Funding ]
[Poverty ]
[Human Services ]
[Labor, Jobs, Employment ]
[Social Security ]
Welfare Benefit Reform and Alignment Commission (BRAC) Act This bill establishes within the legislative branch the Benefit Reform and Alignment Commission to review certain means-tested welfare programs. A "means-tested welfare program" is any federal program that is designed to specifically provide assistance or benefits exclusively to low-income Americans. The bill specifies several programs that are either considered or not considered means-tested welfare programs for the purpose of this bill. The commission must identify changes in law to structure
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Sponsored by: Rep. David Rouzer
Referred To The Subcommittee On Nutrition. on 03/23/2017
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To provide for reconciliation pursuant to title II of the concurrent resolution on the budget for fiscal year 2017. [HB-1436]
[Budget and Spending ]
[Healthcare ]
[Medicare and Medicaid ]
[Taxes ]
[Public Health ]
[Mental Health ]
[Funding ]
[Grants ]
[Social Security ]
To provide for reconciliation pursuant to title II of the concurrent resolution on the budget for fiscal year 2017. This bill amends the Patient Protection and Affordable Care Act (PPACA) to terminate the Prevention and Public Health Fund. The bill increases funding for community health centers. The Department of Health and Human Services may not collect fees or make payments under the transitional reinsurance program. The bill makes appropriations for grants to states to address substance abuse or urgent mental health needs. This bill amends the
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Sponsored by: Rep. Luke Messer
Referred To The Subcommittee On Health. on 03/10/2017