Securities
US Congress 115th Congress
Water and Agriculture Tax Reform Act of 2017 [S.1090]
[Agriculture ]
[Taxes ]
[Water ]
Water and Agriculture Tax Reform Act of 2017 This bill amends the Internal Revenue Code to permit tax-exempt mutual ditch or irrigation companies to earn income from dispositions of certain real property and stock interests without affecting their tax-exempt status, but requires that such income be used to pay the costs of operations, maintenance, and capital improvements of such a company. The bill also establishes a rule regarding the organizational governance of mutual ditch or irrigation companies. Where state law provides that such a company
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Sponsored by: Sen. Michael B. Enzi
Read Twice And Referred To The Committee On Finance. on 05/10/2017
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Utah 2017 General Session
Securities Exemptions Amendments [HB-171]
[Finance ]
[Small Business ]
[Consumer Protection ]
[Investments ]
Securities Exemptions Amendments
Sponsored by: Rep. Brian M. Greene
House/ Filed In House File For Bills Not Passed on 03/09/2017
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US Congress 115th Congress
Keeping America's Pension Promises Act [HB-2384]
[Pensions ]
[Labor, Jobs, Employment ]
[Retirement ]
[Finance ]
[Taxes ]
Keeping America's Pension Promises Act This bill repeals the elimination of the pension anti-cutback provisions under the Multiemployer Pension Reform Act of 2014. The anti-cutback provisions prohibit reductions in pension benefits to participants in multiemployer pension plans. The bill amends the Employee Retirement Income Security Act of 1974 (ERISA), with respect to partitions of eligible multiemployer plans, to modify the procedures and allow plan sponsors to petition the Pension Benefit Guaranty Corporation (PBGC) for a partition of additional
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Sponsored by: Rep. Richard M. Nolan
Referred To The Subcommittee On Regulatory Reform, Commercial And Antitrust Law. on 06/07/2017
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US Congress 115th Congress
Consumer Financial Choice and Capital Markets Protection Act of 2018 [HB-2319]
[Finance ]
[Consumer Protection ]
[Investments ]
Consumer Financial Choice and Capital Markets Protection Act of 2018 This bill amends the Investment Company Act of 1940 to allow a money market fund, under specified conditions, to elect to operate using a different method of valuation than is otherwise required. Under specified conditions, a money market fund shall not be subject to certain requirements related to the imposition of liquidity fees. Certain federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money
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Sponsored by: Rep. Alexander Mooney
Reported (amended) By The Committee On Financial Services. H. Rept. 115-903. on 08/24/2018
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US Congress 115th Congress
Crowdfunding Enhancement Act [S.1031]
[Finance ]
[Technology and Innovation ]
[Small Business ]
[Consumer Protection ]
[Economic Development ]
[Investments ]
Crowdfunding Enhancement Act This bill amends the Securities Act of 1933 to allow a crowdfunding issuer to sell shares through a crowdfunding vehicle. (Crowdfunding is a method of capital formation in which groups of people pool money either to invest in a company or to support an effort by others to accomplish a specific goal.) A "crowdfunding vehicle" is a company that: has purposes limited to acquiring, holding, and disposing securities issued by a single company; issues only one class of securities; receives no compensation for such acquisition,
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Sponsored by: Sen. Steve Daines
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/03/2017
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US Congress 115th Congress
Capital Access for Small Business Banks Act [HB-2339]
[Finance ]
[Taxes ]
[Small Business ]
Capital Access for Small Business Banks Act This bill amends the Internal Revenue Code to allow a bank or a depository institution holding company which is an S corporation to: (1) have 500 shareholders (the current limit is 100 shareholders), and (2) issue qualified preferred bank stock. The bill makes a distribution of qualified preferred bank stock to a shareholder includible in the gross income of the shareholder and allows the bank or holding company to deduct the amount of such distribution.
Sponsored by: Rep. Lynn Jenkins
Introduced In House on 05/03/2017
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US Congress 115th Congress
Putting Main Street FIRST Act Putting Main Street FIRST: Finishing Irresponsible Reckless Speculative Trading Act [HB-2306]
[Finance ]
[Taxes ]
[Small Business ]
[Trade ]
[Investments ]
Putting Main Street FIRST Act Putting Main Street FIRST: Finishing Irresponsible Reckless Speculative Trading Act This bill amends the Internal Revenue Code to impose a .03% excise tax on the purchase of a security if: (1) such purchase occurs on, or is subject to the rules of, a qualified board or exchange located in the United States; or (2) the purchaser or seller is a U.S. person. A "security" includes: (1) any share of stock in a corporation, (2) any partnership or beneficial ownership interest in a partnership or trust; (3) any note, bond,
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Sponsored by: Rep. Raul M. Grijalva
Introduced In House on 05/03/2017
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Tennessee 110th General Assembly
As enacted, makes various changes to the regulation of securities under the Tennessee Securities Act of 1980. - Amends TCA Title 48, Chapter 1, Part 1. [HB-304]
[Finance ]
[Consumer Protection ]
As enacted, makes various changes to the regulation of securities under the Tennessee Securities Act of 1980. - Amends TCA Title 48, Chapter 1, Part 1.
Sponsored by: Rep. Judd Matheny
Comp. Became Pub. Ch. 424 on 05/23/2017
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US Congress 115th Congress
To amend the Internal Revenue Code of 1986 for purposes of the tax on private foundation excess business holdings to treat as outstanding any employee-owned stock purchased by a business enterprise pursuant to certain employee stock ownership retirement plans. [HB-2293]
[Taxes ]
[Labor, Jobs, Employment ]
[Retirement ]
[Small Business ]
To amend the Internal Revenue Code of 1986 for purposes of the tax on private foundation excess business holdings to treat as outstanding any employee-owned stock purchased by a business enterprise pursuant to certain employee stock ownership retirement plans. This bill amends the Internal Revenue Code to exclude certain purchases of employee-owned stock from being considered as outstanding voting stock for the purpose of the tax on excess business holdings of a private foundation in a business enterprise. The bill applies to any voting stock that
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Sponsored by: Rep. Alcee L. Hastings
Introduced In House on 05/02/2017
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US Congress 115th Congress
Giving Workers a Fair Shot Act [HB-2275]
[Labor, Jobs, Employment ]
[Finance ]
[Small Business ]
[Workers' Compensation ]
[Law Enforcement ]
[Pensions ]
[Crime ]
Giving Workers a Fair Shot Act This bill amends the Fair Labor Standards Act of 1938 to require employers to provide their employees with specified information concerning their pay, leave time, and eligibility for the minimum wage and overtime pay. Employers who fail to provide required information are subject to fines. The bill revises the definition of "supervisor" under the National Labor Relations Act to prevent the over classification of employees as supervisors for the purpose of limiting the number of employees eligible to join a union. The
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Sponsored by: Rep. Jared Polis
Introduced In House on 05/01/2017
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US Congress 115th Congress
Micro Offering Safe Harbor Act [HB-2201]
[Finance ]
[Small Business ]
[Consumer Protection ]
[Investments ]
[Law Enforcement ]
[Economic Development ]
Micro Offering Safe Harbor Act (Sec. 2) This bill amends the Securities Act of 1933 to exempt certain micro-offerings from: (1) state regulation of securities offerings, and (2) federal prohibitions related to interstate solicitation. The exempted micro-offerings must meet all of the following requirements: the purchaser has a substantive pre-existing relationship with the issuer, during the 12-month period preceding the transaction there are no more than 35 purchasers relying on the exemption, and the amount of all securities sold by the issuer
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Sponsored by: Rep. Luke Messer
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 11/13/2017
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US Congress 115th Congress
Agriculture Environmental Stewardship Act of 2017 [S.988]
[Agriculture ]
[Environmental ]
[Energy ]
[Taxes ]
[Climate Change ]
[Science ]
[Food ]
Agriculture Environmental Stewardship Act of 2017 This bill amends the Internal Revenue Code to allow energy tax credits through 2021 for investments in: (1) qualified biogas property, or (2) qualified manure resource recovery property. The bill also permits new clean renewable energy bonds to be used for such properties. "Qualified biogas property" comprises a system that: (1) uses anaerobic digesters or other specified processes to convert biomass into a gas which is at least 52% methane, and (2) captures the gas for use as a fuel. The term includes
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Sponsored by: Sen. Sherrod Brown
Read Twice And Referred To The Committee On Finance. on 04/27/2017
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US Congress 115th Congress
Financial CHOICE Act of 2017 [HB-10]
[Finance ]
[Insurance ]
[Small Business ]
[Consumer Protection ]
[Investments ]
[Housing ]
[Real Estate ]
[Budget and Spending ]
[Taxes ]
[Technology and Innovation ]
[Trade ]
[Economic Development ]
[Senior Citizens ]
[Retirement ]
Financial CHOICE Act of 2017 (Sec. 2) This bill repeals provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act and other laws. Any rule that was issued or revised pursuant to a provision repealed by the bill is nullified. TITLE I--ENDING "TOO BIG TO FAIL" AND BANK BAILOUTS Subtitle A--Repeal of the Orderly Liquidation Authority (Sec. 111) The bill repeals the orderly liquidation authority of the Federal Deposit Insurance Corporation (FDIC). The FDIC's orderly liquidation authority, as established under the Dodd-Frank Act, allows
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Sponsored by: Rep. Alexander Mooney
Committee On Banking, Housing, And Urban Affairs. Hearings Held. Hearings Printed: S.hrg. 115-108. on 07/13/2017
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US Congress 115th Congress
Climate Change Adapt America Fund Act of 2017 [HB-2129]
[Climate Change ]
[Environmental ]
[Budget and Spending ]
[Funding ]
[Public Health ]
[Economic Development ]
Climate Change Adapt America Fund Act of 2017 This bill requires the Department of the Treasury to issue climate change obligations. The proceeds from the debt obligations must be deposited in the Adapt America Fund established by this bill within the Department of Commerce. Commerce must carry out an investment program to fund projects for reducing economic, social, and environmental impact of the adverse effects of climate change. The bill establishes the Climate Change Advisory Commission to: (1) establish recommendations, frameworks, and guidelines
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Sponsored by: Rep. Theodore E. Deutch
Referred To The Subcommittee On Environment. on 04/28/2017
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US Congress 115th Congress
Climate Change Adapt America Fund Act of 2017 [S.922]
[Climate Change ]
[Environmental ]
[Budget and Spending ]
[Funding ]
[Public Health ]
[Economic Development ]
Climate Change Adapt America Fund Act of 2017 This bill requires the Department of the Treasury to issue climate change obligations. The proceeds from the debt obligations must be deposited in the Adapt America Fund established by this bill within the Department of Commerce. Commerce must carry out an investment program to fund projects for reducing economic, social, and environmental impact of the adverse effects of climate change. The bill establishes the Climate Change Advisory Commission to: (1) establish recommendations, frameworks, and guidelines
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Sponsored by: Sen. Richard Durbin
Read Twice And Referred To The Committee On Finance. (text Of Measure As Introduced: Cr S2494-2495) on 04/24/2017
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US Congress 115th Congress
Promotion and Expansion of Private Employee Ownership Act of 2017 [HB-2092]
[Taxes ]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
Promotion and Expansion of Private Employee Ownership Act of 2017 This bill amends the Internal Revenue Code to: (1) extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities to an S corporation-sponsored employee stock ownership plan (ESOP); and (2) allow a tax deduction for 50% of the interest incurred on loans to S corporation-sponsored ESOPs for the purchase of employer securities. The Department of the Treasury must establish the S Corporation Employee Ownership
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Sponsored by: Rep. Janice D. Schakowsky
Introduced In House on 04/12/2017
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US Congress 115th Congress
Carbon Capture Improvement Act of 2017 [HB-2011]
[Energy ]
[Taxes ]
[Climate Change ]
Carbon Capture Improvement Act of 2017 This bill amends the Internal Revenue Code to authorize the issuance of tax-exempt facility bonds for the financing of qualified carbon dioxide capture facilities. A "qualified carbon dioxide capture facility" is any equipment installed in an industrial carbon dioxide facility that satisfies specified capture and storage requirements and: (1) is used for the capture, treatment and purification, compression, transportation, or on-site storage of carbon dioxide produced by the industrial carbon dioxide facility;
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Sponsored by: Rep. Matthew A. Cartwright
Introduced In House on 04/06/2017
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US Congress 115th Congress
Retirement Inflation Protection Act of 2017 [HB-2017]
[Retirement ]
[Inflation ]
[Taxes ]
[Senior Citizens ]
Retirement Inflation Protection Act of 2017 This bill amends the Internal Revenue Code to allow the adjusted basis of certain assets (including common stock in a C corporation and tangible property used in a trade or business) to be indexed for inflation for the purpose of determining the gain or loss of individuals who: (1) have held the asset for more than 3 years, and (2) have attained the age of 59-1/2 as of the date of the sale or other disposition of the asset. The bill sets forth rules for applying the inflation adjustment to short sales,
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Sponsored by: Rep. Tom Emmer
Introduced In House on 04/06/2017
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Utah 2017 General Session
Utah Uniform Securities Act Amendments [HB-106]
[Finance ]
[Consumer Protection ]
[Investments ]
Utah Uniform Securities Act Amendments
Sponsored by: Sen. Lyle W. Hillyard
Governor Signed In Executive Branch - Governor on 03/17/2017
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US Congress 115th Congress
Tax Fairness and Transparency Act [HB-2057]
[Finance ]
[Taxes ]
[International ]
Tax Fairness and Transparency Act This bill amends the Internal Revenue Code to limit the tax deduction of the interest expense of a U.S. corporation that is a member of a financial reporting group (a group that prepares consolidated financial statements according to accepted accounting principles or international financial reporting standards) to: (1) the amount of interest on indebtedness of the corporation includible in the corporation's gross income for the taxable year plus its proportionate share of the group's net interest expense in the
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Sponsored by: Rep. Raul M. Grijalva
Introduced In House on 04/06/2017