Search Results: keywords:"compliance issues"

  • S. 3237 — An Act To amend the Camp Lejeune Justice Act of 2022 to ensure claimants are adequately informed regarding filing a Federal cause of action.
    Status:Engrossed in Senate
    Words:517

    S. 3237 aims to amend the Camp Lejeune Justice Act of 2022. It ensures that veterans who file lawsuits related to water contamination at Camp Lejeune, North Carolina, are informed about their rights to seek free advice on veterans' benefits. The bill requires veterans or...

    Simple Explanation

    S. 3237 is a bill that makes sure people who were affected by bad water at a place called Camp Lejeune know they can get free advice about their benefits when they take legal action. It wants them to sign a paper saying they understand this, but some people think this could make things trickier without a good reason.

  • S. 4297 — To repeal the Corporate Transparency Act.
    Status:Introduced in Senate
    Words:456

    S. 4297 seeks to repeal the Corporate Transparency Act, which was part of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. This bill proposes removing all changes brought about by the Corporate Transparency Act, including specific...

    Simple Explanation

    S. 4297 wants to cancel a law that helps keep track of companies to make sure they aren’t hiding bad stuff like money for bad guys. It’s like deciding not to make kids keep their rooms clean, which might seem fun, but could also lead to messy problems!

  • H. R. 9394 — To amend the Internal Revenue Code of 1986 to reform health provisions, and for other purposes.
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    Status:Introduced in House
    Words:4,280

    H.R. 9394, known as the "Health Out-of-Pocket Expense Act of 2024" or the "HOPE Act of 2024," proposes changes to the Internal Revenue Code of 1986. It introduces HOPE Accounts, which are tax-exempt trusts designed to pay for an individual's medical expenses. The bill sets rules for how these...

    Simple Explanation

    The "HOPE Act of 2024" lets people put money into special savings accounts called HOPE Accounts to pay for doctor's visits and medicine without paying extra taxes, but if they use the money for other things, they get charged a big penalty.

  • H. R. 7963 — To amend title 31, United States Code, to require FinCEN to submit to Congress a quarterly report on certain beneficial ownership data.
    Status:Introduced in House
    Words:338

    H.R. 7963, titled the “Small Business Red Tape Relief Act of 2024,” aims to amend title 31 of the United States Code. The bill requires the Financial Crimes Enforcement Network (FinCEN) to provide Congress with a quarterly report on certain beneficial ownership data. This report must include...

    Simple Explanation

    H.R. 7963 is a plan to ask a group called FinCEN to tell the U.S. Congress every few months about which businesses are giving them important ownership information, so they can keep track of who owns what in a clear way.

  • H. R. 8147 — To repeal the Corporate Transparency Act.
    Status:Introduced in House
    Words:457

    H. R. 8147 seeks to repeal the Corporate Transparency Act, which was originally part of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. The bill, introduced by Mr. Davidson and others, calls for the removal of amendments made by the...

    Simple Explanation

    H.R. 8147 is a proposal to cancel a rule that was made to help people see who owns big companies, so it might make it harder to catch bad guys hiding their money.

  • S. 5153 — To amend the Agricultural Marketing Act of 1946 to modify the definition of hemp, and for other purposes.
    Status:Introduced in Senate
    Words:897

    S. 5153, known as the "Hemp Economic Mobilization Plan Act of 2024," proposes changes to the Agricultural Marketing Act of 1946 regarding hemp production in the United States. The bill aims to increase the allowable concentration of delta-9 tetrahydrocannabinol (THC) in hemp...

    Simple Explanation

    The bill wants to change the rules about a plant called hemp, letting it have a bit more of a substance called THC that helps it grow without making people feel funny. It also wants people who move hemp around to have special papers showing it’s safe and allowed.

  • S. 5186 — To amend title 18, United States Code, to establish criminal penalties for gratuities given to State and local public officials.
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    Status:Introduced in Senate
    Words:736

    The proposed bill, S. 5186, seeks to amend Title 18 of the United States Code by introducing criminal penalties for giving or receiving gratuities to State and local public officials. Under this bill, it would be illegal for a government agent to solicit or accept anything of value with the...

    Simple Explanation

    This bill wants to make a new rule that says people can't give or get big thank-you gifts (or gratuities) worth $5,000 or more to workers who work for the government, like mayors or governors. If someone breaks this rule, they could get in big trouble, like paying a lot of money or even going to jail for two years.