Search Results: keywords:"exemptions"

  • H. R. 8153 — To amend the Wall Street Transparency and Accountability Act of 2010 to provide covered banking institutions with certain exemptions related to interest rate swaps, and for other purposes.
    Status:Introduced in House
    Words:753

    H.R. 8153, known as the “Bank Risk Reduction Act of 2024,” seeks to modify the Wall Street Transparency and Accountability Act of 2010. It aims to provide certain exemptions for covered banking institutions, like insured depository institutions, concerning interest rate swaps. The bill...

    Simple Explanation

    The Bank Risk Reduction Act of 2024 wants to change some rules so certain types of banks don't have to follow tough rules about interest rates. This could help big banks with special rules to manage their money more easily.

  • H. R. 5914 — To amend title 38, United States Code, to improve the processes to approve programs of education for purposes of the educational assistance programs of the Department of Veterans Affairs, and for other purposes.
    Status:Reported in House
    Words:1,423

    H. R. 5914 aims to amend title 38 of the United States Code to enhance the approval processes for educational programs under the Department of Veterans Affairs' assistance programs. It introduces changes to allow certain educational institutions more flexibility when they...

    Simple Explanation

    This bill wants to make it easier and faster for schools that teach veterans to get approved by letting them skip some paperwork and giving them more help. It also makes special rules for schools that teach truck driving to veterans.

  • H. R. 10317 — To amend title XIX of the Social Security Act to establish a community engagement requirement for certain individuals under the Medicaid program.
    Status:Introduced in House
    Words:1,042

    H. R. 10317 proposes amendments to the Social Security Act to introduce a community engagement requirement for certain Medicaid recipients. This requirement mandates that eligible individuals work, participate in community service, or engage in a work program for at least 80...

    Simple Explanation

    H. R. 10317 is a proposal that wants people on Medicaid, a program that helps with health costs, to do activities like working or helping in the community for a certain number of hours each month. Some people, like kids or older people, don’t have to do it, but if others don’t, they might lose their healthcare benefits.

  • S. 1064 — To preserve open competition and Federal Government neutrality towards the labor relations of Federal Government contractors on Federal and federally funded construction projects, and for other purposes.
    Status:Introduced in Senate
    Words:1,483

    S. 1064, also known as the "Fair and Open Competition Act" or "FOCA Act," aims to ensure open competition on federal and federally funded construction projects. It mandates that federal agencies and federal contractors cannot require or prohibit agreements with labor...

    Simple Explanation

    S. 1064 is a bill that says the government should be fair when picking companies for building projects, and they shouldn't pick favorites based on whether companies like to work with certain worker groups. It also tries to make sure these building jobs are less expensive and that more people can get jobs.

  • H. R. 1059 — To amend title XIX of the Social Security Act to implement a minimum work requirement for able-bodied adults enrolled in State Medicaid programs.
    Status:Introduced in House
    Words:609

    H.R. 1059 proposes changes to the Social Security Act to enforce work requirements for able-bodied adults receiving Medicaid benefits. Starting January 1, 2026, it requires these adults to work or volunteer at least 20 hours a week to continue receiving medical assistance....

    Simple Explanation

    Medicaid is a program that helps some people pay for their health care. This bill says that starting in 2026, most adults who can work will need to work or volunteer for at least 20 hours each week to keep getting help from Medicaid, with some exceptions like if they're pregnant or taking care of kids.

  • H. R. 380 — To require fair shipping prices for noncontiguous areas of the United States, and for other purposes.
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    Status:Introduced in House
    Words:516

    H. R. 380, known as the “Affordable Shipping for All Act,” aims to ensure fair shipping prices for noncontiguous areas of the United States, such as Alaska, Hawaii, and U.S. territories. The bill prohibits shipping services from charging higher fees for shipping to these...

    Simple Explanation

    H. R. 380 is like a rule that says all packages going to faraway parts of America, like Hawaii or Alaska, should cost the same to ship as anywhere else in the mainland, but special or really expensive items can still cost more to ship.

  • H. R. 9566 — An Act To require governmentwide source code sharing, and for other purposes.
    Status:Received in Senate
    Words:2,452

    H. R. 9566, titled the “Source code Harmonization And Reuse in Information Technology Act” or the “SHARE IT Act,” aims to promote governmentwide sharing and reuse of source code developed by or for federal agencies. The bill requires agencies to store and make...

    Simple Explanation

    The SHARE IT Act is like a rule that says people working for the government should share their computer programs with each other, so they can use them too. But if sharing the program could be a secret or risky, they don’t have to share it.

  • H. R. 10461 — To set minimum standards for tax return preparers.
    Status:Introduced in House
    Words:1,446

    H. R. 10461, known as the "Taxpayer Protection and Preparer Proficiency Act of 2024," aims to set minimum standards for tax return preparers. The bill proposes that tax preparers must demonstrate their competence by obtaining an identification number, passing examinations,...

    Simple Explanation

    The "Taxpayer Protection and Preparer Proficiency Act of 2024" wants people who help others with their taxes to prove they know what they're doing by passing tests and other checks. This helps make sure they are doing the right thing when handling your tax information.

  • S. 2233 — To ban the sale of products with a high concentration of sodium nitrite to individuals, and for other purposes.
    Status:Reported to Senate
    Words:793

    S. 2233, titled the “Youth Poisoning Protection Act,” aims to ban the sale of products with a high concentration of sodium nitrite to individuals. Products containing 10% or more by weight of sodium nitrite are deemed hazardous under the Consumer Product Safety Act. The bill...

    Simple Explanation

    S. 2233 is a new rule that wants to stop people from buying certain products with too much of a chemical called sodium nitrite, but it still allows using it for some jobs like making food or medicine. This rule will start working 90 days after it becomes official.

  • H. R. 2132 — To amend title 49, United States Code, to exempt Northern Mariana Islands from certain eligibility requirements for essential air service program, and for other purposes.
    Status:Introduced in House
    Words:239

    H. R. 2132, also known as the "Marianas Air Service Improvement Act," aims to change the rules in title 49 of the United States Code. The bill seeks to make an exception for the Northern Mariana Islands regarding certain eligibility requirements for the essential air service...

    Simple Explanation

    The bill wants to change the rules so that planes flying to and from the Northern Mariana Islands, a group of islands in the Pacific Ocean, don't have to follow all the same rules as planes in other places in the U.S., just like how Alaska and Hawaii have their own special rules.

  • S. 5399 — To amend title 11, United States Code, to provide bankruptcy protections for medically distressed debtors, and for other purposes.
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    Status:Introduced in Senate
    Words:1,477

    The bill titled the Medical Bankruptcy Fairness Act of 2024 aims to change bankruptcy laws to provide protections for individuals overwhelmed by medical debt. It introduces the term "medically distressed debtor" and allows these individuals to have additional exemptions and...

    Simple Explanation

    The Medical Bankruptcy Fairness Act of 2024 is a plan to help people who have a lot of medical bills by making it easier for them to get a fresh start with their money, especially if medical emergencies have made it hard for them to pay what they owe.