Search Results for keywords:"enforcement mechanism"

Search Results: keywords:"enforcement mechanism"

S. 4017 — To amend the Internal Revenue Code of 1986 to impose a tax on the net value of assets of a taxpayer, and for other purposes.
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March 21, 2024
Status:Introduced in Senate
Congress:118
Words:4,495
The bill, titled the "Ultra-Millionaire Tax Act of 2024," aims to amend the Internal Revenue Code to impose a wealth tax on individuals with net assets exceeding $50 million. The tax rate starts at 2% for assets over this threshold and increases to 3% or 6% if certain health legislation...
Simple Explanation
The bill wants to make super-rich people, who have more than $50 million, pay extra money to the government to help share the wealth more evenly, and it plans to give lots of money to the tax office to make sure they check if everyone is paying correctly. This is like asking those with lots of toys to share a bit more and giving helpers extra tools to count all the toys.
H. R. 8840 — To amend the Congressional Budget Act of 1974 to modify the rules with respect to the consideration in the House of Representatives of any resolution providing for an adjournment period of more than three calendar days until the House of Representatives has approved annual appropriation bills, and for other purposes.
June 26, 2024
Status:Introduced in House
Congress:118
Words:505
H. R. 8840, also known as the "Do Our Job Act," proposes changes to the Congressional Budget Act of 1974. It would prevent the House of Representatives from taking an adjournment of more than three days or having a break during July through December unless annual...
Simple Explanation
The "Do Our Job Act" wants to make sure that the people in the House of Representatives can’t take long breaks until they finish their important money-related tasks each year. It tries to keep them working on these until everything is decided, so they can't just leave work unfinished.
H. J. RES. 5 — Proposing an amendment to the Constitution of the United States to limit the number of terms an individual may serve as a Member of Congress.
January 03, 2025
Status:Introduced in House
Congress:119
Words:370
H. J. RES. 5 proposes an amendment to the U.S. Constitution to limit the number of terms an individual can serve in Congress. Under this proposal, no person would be allowed to serve more than six two-year terms as a Representative or more than two six-year terms as a...
Simple Explanation
H. J. RES. 5 is a plan to change the rules so people in Congress can't stay forever; it says someone can only be a member of the House for 12 years and a Senator for 12 years, and it doesn't count time before a certain past year.
H. RES. 1449 — Condemning the global rise of antisemitism and calling upon countries and international bodies to counter antisemitism.
September 16, 2024
Status:Introduced in House
Congress:118
Words:189
H. RES. 1449 is a resolution in the U.S. House of Representatives that condemns the global rise of antisemitism and urges countries and international organizations to take action against it. It highlights various international efforts, including the Global Guidelines for...
Simple Explanation
H. RES. 1449 is a message from the U.S. House of Representatives saying that people around the world should work together to stop antisemitism, which is being mean or unfair to Jewish people, and asking countries and groups to teach about the Holocaust and protect communities.

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