Tax Administration And Collection, Taxpayers
US Congress 115th Congress
Identity Theft and Tax Fraud Prevention Act of 2017 [S.606]
[Taxes ]
[Technology and Innovation ]
[Cybersecurity ]
[Data Privacy ]
[Law Enforcement ]
[Criminal Justice ]
[Consumer Protection ]
[Crime ]
Identity Theft and Tax Fraud Prevention Act of 2017 This bill amends the Internal Revenue Code to establish requirements and authorities for the Internal Revenue Service (IRS) related to: (1) preventing identify theft and tax refund fraud, and (2) the electronic filing of tax returns. The IRS must: develop and implement guidelines for stolen identity refund fraud cases, provide specified notifications to suspected victims of identity theft, establish a local law enforcement liaison for tax-related identity theft and other tax fraud matters, use
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Sponsored by: Sen. Robert P. Casey
Read Twice And Referred To The Committee On Finance. 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 D. 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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Of inquiry directing the Secretary of the Treasury to provide to the House of Representatives the tax returns and other specified financial information of President Donald J. Trump. [HR-186]
[Taxes ]
[Finance ]
Of inquiry directing the Secretary of the Treasury to provide to the House of Representatives the tax returns and other specified financial information of President Donald J. Trump. Directs the Department of the Treasury to provide to the House of Representatives the full tax returns of President Donald J. Trump for tax years 2006-2015, financial documentation, and any information in its possession that specifies President Trump's: debts held by foreign governments and foreign companies; investments in foreign countries and foreign enterprises;
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Sponsored by: Rep. Raul M. Grijalva
Reported Adversely By The Committee On Ways And Means. H. Rept. 115-73. on 03/30/2017
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Small Business Regulatory Flexibility Improvements Act [S.584]
[Small Business ]
[Law Enforcement ]
[Budget and Spending ]
[Finance ]
[Consumer Protection ]
[Economic Development ]
Small Business Regulatory Flexibility Improvements Act This bill modifies the rulemaking requirements and procedures of federal agencies (excluding Congress, U.S. courts, U.S. territories and possessions, and the District of Columbia) under the Regulatory Flexibility Act of 1980 (RFA) and the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA). The definition of "rule" under the RFA is expanded to include all agency rules, except for: (1) rules that pertain to the protection of the rights of and benefits for veterans or that impose
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Sponsored by: Sen. Chuck Grassley
Committee On Homeland Security And Governmental Affairs. Reported By Senator Johnson With Amendments. With Written Report No. 115-194. Minority Views Filed. on 12/14/2017
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Bring Small Businesses Back Tax Reform Act [HB-1425]
[Taxes ]
[Small Business ]
[Budget and Spending ]
Bring Small Businesses Back Tax Reform Act This bill amends the Internal Revenue Code to establish new maximum individual tax rates for qualified business income that does not exceed $1 million (i.e., small business income). The maximum rates are: (1) 12% of such income not exceeding $150,000, and (2) 25% for income that exceeds $150,000 and is not more than $1 million. The rates apply to up to $1 million of qualified business income that is: (1) gross earnings derived by an individual from any active trade or business carried on by the individual,
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Sponsored by: Rep. Jason T. Smith
Introduced In House on 03/08/2017
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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
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A bill to provide for reconciliation pursuant to section 2002 of the concurrent resolution on the budget for fiscal year 2017. [S.554]
[Healthcare ]
[Medicare and Medicaid ]
[Taxes ]
[Budget and Spending ]
[Funding ]
[Public Health ]
[Mental Health ]
[Social Security ]
A bill to provide for reconciliation pursuant to section 2002 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 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 Internal
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Sponsored by: Sen. Mike Lee
Read Twice And Referred To The Committee On Finance. on 03/07/2017
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To amend the Internal Revenue Code of 1986 to permit disclosure of tax return information to the Permanent Select Committee on Intelligence of the House of Representatives and to the Select Committee on Intelligence of the Senate. [HB-1356]
[Taxes ]
[National Security ]
[Cybersecurity ]
[Law Enforcement ]
To amend the Internal Revenue Code of 1986 to permit disclosure of tax return information to the Permanent Select Committee on Intelligence of the House of Representatives and to the Select Committee on Intelligence of the Senate. This bill amends the Internal Revenue Code to require the Internal Revenue Service to disclose certain tax return information to the House Permanent Select Committee on Intelligence or the Senate Select Committee on Intelligence, upon receiving a written request from the chairman of the relevant committee. Any return or
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Sponsored by: Rep. Barbara Lee
Introduced In House on 03/02/2017
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To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. [HB-1262]
[Finance ]
[Insurance ]
[Taxes ]
To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. This bill amends the Internal Revenue Code to modify the tax treatment of certain life insurance contract transactions. The bill establishes reporting requirements for acquisitions of life insurance contracts in a reportable policy sale. Specified details must be reported regarding: the payments, contracts, and people involved in the acquisition; the seller's basis; and payments of death benefits. A "reportable
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Sponsored by: Rep. Ron Kind
Introduced In House on 02/28/2017
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Law Enforcement Officers Equity Act [S.424]
[Law Enforcement ]
[Pensions ]
[Retirement ]
[Veterans ]
[Labor, Jobs, Employment ]
[Military ]
[National Security ]
Law Enforcement Officers Equity Act Law Enforcement Officers Equity Act This bill expands the definition of "law enforcement officer" under provisions of the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS) to include: (1) federal employees not otherwise covered whose duties include the investigation or apprehension of suspected or convicted criminals and who are authorized to carry a firearm; (2) Internal Revenue Service employees whose duties are primarily the collection of delinquent taxes and the securing
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Sponsored by: Sen. Cory A. Booker
Read Twice And Referred To The Committee On Homeland Security And Governmental Affairs. (sponsor Introductory Remarks On Measure: Cr S1306-1307) on 02/16/2017
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Inclusive Prosperity Act of 2017 [HB-1144]
[Taxes ]
[Finance ]
[Budget and Spending ]
[Small Business ]
[Investments ]
Inclusive Prosperity Act of 2017 This bill amends the Internal Revenue Code to: (1) impose an excise tax on the transfer of ownership in certain securities (covered transaction), including any share of stock in a corporation, any partnership or beneficial interest in a partnership or trust, any note, bond, debenture, or other evidence of indebtedness (excluding tax-exempt municipal bonds), or derivative financial instruments; (2) impose a penalty on taxpayers who fail to include a covered transaction on their tax return or information statement;
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Sponsored by: Rep. Raul M. Grijalva
Introduced In House on 02/16/2017
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Health Savings Act of 2017 [HB-1175]
[Healthcare ]
[Medicare and Medicaid ]
[Taxes ]
[Insurance ]
[Public Health ]
[Social Security ]
[Funding ]
Health Savings Act of 2017 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: rename high deductible health plans as HSA-qualified health plans; allow spouses who have both attained age 55 to make catch-up contributions to the same HSA; make Medicare Part A (hospital insurance benefits) beneficiaries eligible to participate in an HSA; allow individuals eligible for hospital care or medical services under a program of the Indian Health Service or a tribal organization to participate in an HSA; allow members
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Sponsored by: Rep. Barbara Comstock
Referred To The Subcommittee On Regulatory Reform, Commercial And Antitrust Law. on 03/16/2017
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Health Savings Act of 2017 [S.403]
[Healthcare ]
[Medicare and Medicaid ]
[Taxes ]
[Insurance ]
[Public Health ]
[Social Security ]
[Pharmaceuticals ]
Health Savings Act of 2017 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: rename high deductible health plans as HSA-qualified health plans; allow spouses who have both attained age 55 to make catch-up contributions to the same HSA; make Medicare Part A (hospital insurance benefits) beneficiaries eligible to participate in an HSA; allow individuals eligible for hospital care or medical services under a program of the Indian Health Service or a tribal organization to participate in an HSA; allow members
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Sponsored by: Sen. Marco Rubio
Read Twice And Referred To The Committee On Finance. on 02/15/2017
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HBCU Investment Expansion Act [HB-1080]
[Education ]
[Taxes ]
[Funding ]
[Grants ]
[Nonprofit ]
HBCU Investment Expansion Act This bill amends the Securities Act of 1933 to exempt qualified 501(c)(3) bonds issued after the enactment of this bill on behalf of a historically black college or university from state and local taxes. The bill also amends the Internal Revenue Code to allow a tax credit for jurisdictions that forgo taxes with respect to the interest payments under such a bond. The credit is equal to the total amount of interest paid on such a bond during the taxable year. The Department of the Treasury must pay the credit to the qualifying
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Sponsored by: Rep. Barbara Lee
Introduced In House on 02/15/2017
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Obamacare Replacement Act [HB-1072]
[Healthcare ]
[Medicare and Medicaid ]
[Taxes ]
[Insurance ]
[Public Health ]
Obamacare Replacement Act This bill amends the Internal Revenue Code, the Public Health Service Act, the Employee Retirement Income Security Act of 1974 (ERISA), and the Social Security Act to repeal certain provisions regarding health insurance, including: the requirement for individuals to maintain minimum essential coverage, limitations on insurers varying premiums by age or health status, requirements for health insurance to cover preexisting conditions, and the prohibition on lifetime or annual limits on benefits. The bill allows a refundable
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Sponsored by: Rep. Alexander Mooney
Referred To The Subcommittee On Health. on 02/17/2017
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Tax Return Preparer Accountability Act of 2017 [HB-1077]
[Taxes ]
[Finance ]
[Consumer Protection ]
Tax Return Preparer Accountability Act of 2017 This bill amends the Internal Revenue Code to require the Department of the Treasury to regulate tax return preparers who are not otherwise subject to regulation. The bill authorizes Treasury to impose a $1,000 penalty for each federal tax return or other document prepared by a tax return preparer during a period in which such preparer: (1) is not in compliance with applicable Treasury regulations, or (2) is suspended or disbarred from acting as a tax return preparer under such regulations.
Sponsored by: Rep. Eleanor Holmes Norton
Introduced In House on 02/15/2017
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SHUT Act of 2017 Stop Handouts to Unauthorized Taxpayers Act of 2017 [HB-1041]
[Taxes ]
[Immigration ]
[Children and Youth ]
SHUT Act of 2017 Stop Handouts to Unauthorized Taxpayers Act of 2017 This bill amends the Internal Revenue Code to deny the refundable portion of the child tax credit to individuals unless they include their Social Security number on their tax return or otherwise demonstrate that they are authorized to be employed in the United States. The bill prohibits the Department of the Treasury or any delegate of Treasury from issuing an individual taxpayer identification number unless the supporting documentary evidence is submitted to a Treasury employee.
Sponsored by: Rep. Gus M. Bilirakis
Introduced In House on 02/14/2017
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To amend section 1105(a) of title 31, United States Code, to require that annual budget submissions of the President to Congress provide an estimate of the cost per taxpayer of the deficit and of the public debt. [HB-1024]
[Budget and Spending ]
[Taxes ]
[Finance ]
To amend section 1105(a) of title 31, United States Code, to require that annual budget submissions of the President to Congress provide an estimate of the cost per taxpayer of the deficit and of the public debt. This bill requires the President's annual budget submission to Congress to include estimates of the pro rata cost to individuals who file an income tax return of: (1) the public debt, and (2) any projected budget deficit for the fiscal year.
Sponsored by: Rep. Luke Messer
Introduced In House on 02/13/2017
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Humphrey-Hawkins 21st Century Full Employment and Training Act of 2017 Jobs for All Act [HB-1000]
[Labor, Jobs, Employment ]
[Funding ]
[Grants ]
[Taxes ]
[Small Business ]
[Inflation ]
[Unemployment ]
[Education ]
[Economic Development ]
Humphrey-Hawkins 21st Century Full Employment and Training Act of 2017 Jobs for All Act This bill directs the Department of Labor to establish a Full Employment National Trust Fund with two separate accounts for: (1) Employment Opportunity Grants to states, Indian tribes, local governments, publicly-funded elementary and secondary educational institutions, educational institutions in the Federal Work-Study Program, and tax-exempt non-profit organizations for job-creating activities in communities whose economy is not at a level of full employment;
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Sponsored by: Rep. Raul M. Grijalva
Introduced In House on 02/09/2017