Search Results for keywords:"fiscal impact"

Search Results: keywords:"fiscal impact"

H. R. 7956 — To require mandatory minimums for sexual abuse.
April 11, 2024
Status:Introduced in House
Congress:118
Words:273
H. R. 7956 seeks to establish mandatory minimum sentences for those convicted of sexual abuse. The bill proposes amendments to sections of the United States Code, increasing the minimum sentence for aggravated sexual abuse to at least 30 years in prison, and similarly setting...
Simple Explanation
H. R. 7956 is a bill that wants to make sure people who commit really bad crimes like sexual abuse have to go to jail for at least 30 years. This means if they do something wrong, they will have to spend a long time in prison as punishment.
S. 4539 — To amend the Internal Revenue Code of 1986 to make certain provisions with respect to qualified ABLE programs permanent.
June 13, 2024
Status:Introduced in Senate
Congress:118
Words:374
S. 4539 aims to amend the Internal Revenue Code of 1986 to make certain provisions related to qualified ABLE (Achieving a Better Life Experience) programs permanent. Specifically, it removes the expiration date of January 1, 2026, for increased contributions to ABLE accounts...
Simple Explanation
This bill wants to make it easier for people with disabilities to save money for the future by letting them put more money into special savings accounts called ABLE accounts without worrying about a deadline. It also allows moving money from one type of savings account (529) for education into these ABLE accounts forever.
S. 4730 — To amend the Internal Revenue Code of 1986 to extend the energy credit with respect to electrochromic glass.
July 23, 2024
Status:Introduced in Senate
Congress:118
Words:365
S. 4730, titled the “Dynamic Glass 2.0 Act,” seeks to amend the Internal Revenue Code of 1986. The bill proposes to extend the energy credit for electrochromic glass, which uses electricity to adjust its light transmission to help heat or cool a building. The amendment sets...
Simple Explanation
S. 4730 is a bill that wants to give more time for special glass called electrochromic glass, which can change how much light it lets in to help keep buildings warm or cool, to get a tax break. For this plan to work, people need to start building with this glass before 2033.
S. 4323 — To amend title 38, United States Code, to expand eligibility for a housing loan guaranteed by the Secretary of Veterans Affairs to certain individuals who performed active duty for training.
May 14, 2024
Status:Introduced in Senate
Congress:118
Words:387
The bill S. 4323, titled the "Expanding Home Loans for Guard and Reservists Act," proposes to amend title 38 of the United States Code. It seeks to broaden the eligibility criteria for obtaining a housing loan guaranteed by the Secretary of Veterans Affairs. Specifically, the...
Simple Explanation
The bill wants to let more people in the National Guard or Reserves, who trained a lot like real soldiers, get help buying a house from the government, even if they didn't go to full-time war. They need to have done special training for 90 days in a row to be able to do this.
H. R. 8785 — To amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes.
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June 18, 2024
Status:Introduced in House
Congress:118
Words:1,316
H.R. 8785, titled the "Tax Free Tips Act of 2024," seeks to change the Internal Revenue Code of 1986 so that tips given to employees are not taxed as income or employment wages. This bill would treat tips as gifts, thus excluding them from federal income tax, Social Security,...
Simple Explanation
The Tax Free Tips Act of 2024 wants to make it so when people leave tips at restaurants or other places, those tips aren't taxed by the government. This means more money might stay in the pockets of waiters and other workers who get tips.
S. 4541 — To amend the Internal Revenue Code of 1986 to make certain provisions with respect to qualified ABLE programs permanent.
June 17, 2024
Status:Placed on Calendar Senate
Congress:118
Words:405
S. 4541 is a bill that aims to permanently extend certain provisions concerning ABLE (Achieving a Better Life Experience) programs, which are savings plans that help individuals with disabilities meet their long-term expenses. The bill proposes changes to the Internal Revenue...
Simple Explanation
S. 4541 is a bill that wants to make it forever okay to put more money into special savings accounts called ABLE programs, which help people with disabilities save for future needs, and also to allow money to be moved from education savings to these accounts anytime.
S. 5370 — To amend the Internal Revenue Code of 1986 to improve and enhance the work opportunity tax credit, to encourage longer-service employment, and to modernize the credit to make it more effective as a hiring incentive for targeted workers, and for other purposes.
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November 21, 2024
Status:Introduced in Senate
Congress:118
Words:1,134
The bill, S. 5370, aims to update the Internal Revenue Code to improve the work opportunity tax credit, which businesses can use to lower their taxes if they hire targeted employees. It proposes increasing the percentage of first-year wages that can be claimed, especially for...
Simple Explanation
The bill is like a plan to help people get more jobs by giving businesses a bigger reward when they hire certain groups of people, like veterans or those getting food help. It also wants to help people stay in their jobs for longer to earn even more rewards, starting from the year 2025.
H. R. 6796 — To extend the provisions of the Foreign Service Families Act to the intelligence community, and for other purposes.
December 14, 2023
Status:Introduced in House
Congress:118
Words:378
H. R. 6796, titled the “Intelligence Community Families Act,” aims to extend the benefits of the Foreign Service Families Act to members of the intelligence community. It proposes that certain intelligence community employees and officers qualify for in-state tuition rates at...
Simple Explanation
The bill wants to help people working in secret spy jobs go to college for less money, just like helpers at the embassies. This means their kids can pay the same cheaper amount for school that kids from the same state do.
H. R. 1823 — An Act To designate the facility of the United States Postal Service located at 207 East Fort Dade Avenue in Brooksville, Florida, as the Specialist Justin Dean Coleman Memorial Post Office Building.
December 21, 2024
Status:Enrolled Bill
Congress:118
Words:190
H. R. 1823 designates the United States Postal Service building located at 207 East Fort Dade Avenue in Brooksville, Florida, to be named the "Specialist Justin Dean Coleman Memorial Post Office Building." This change means that any official law, map, or document referring to...
Simple Explanation
The bill is about naming a building—specifically a post office in Brooksville, Florida—after someone special, called Specialist Justin Dean Coleman. This means that from now on, that post office will always be known by his name.
H. R. 8938 — To amend the Internal Revenue Code of 1986 to exclude overtime compensation from gross income for purposes of the income tax.
July 08, 2024
Status:Introduced in House
Congress:118
Words:285
H.R. 8938, known as the “Keep Every Extra Penny Act of 2024,” proposes an amendment to the Internal Revenue Code of 1986. The bill aims to exclude overtime pay from being considered as part of an individual's gross income for income tax purposes. This means that when...
Simple Explanation
H.R. 8938 is about changing the rules so that when people work extra hours and earn more money, the extra money they make won't be counted when figuring out how much tax they need to pay. So, if someone works a lot of overtime, they might end up paying less in taxes.
H. R. 8382 — To amend the Internal Revenue Code of 1986 to exclude certain combat zone compensation of certain servicemembers relating to remotely piloted aircraft from gross income.
May 14, 2024
Status:Introduced in House
Congress:118
Words:282
H.R. 8382 proposes changes to the Internal Revenue Code of 1986 to allow certain military servicemembers who operate remotely piloted aircraft, like drones, in combat zones to exclude their earnings from taxable income. This means that qualified compensation for these servicemembers would not...
Simple Explanation
H.R. 8382 is a new rule that would let some military people who control drones and work in dangerous areas keep all the money they earn without having to pay taxes on it. This means they can keep more of what they make because it won't count as income that gets taxed.
H. R. 7599 — To amend title XVIII of the Social Security Act to expand the eligibility for designation as a rural emergency hospital under the Medicare program.
March 08, 2024
Status:Introduced in House
Congress:118
Words:210
H. R. 7599 proposes to change the Social Security Act to allow more hospitals to qualify as rural emergency hospitals within the Medicare program. This bill intends to expand the eligibility criteria by permitting hospitals that met specific conditions at any time between...
Simple Explanation
H. R. 7599 is a bill that wants to make it easier for more small hospitals in rural areas to get special help from Medicare. It changes the rules so hospitals that met certain conditions anytime from January 1, 2015, can be called rural emergency hospitals.
S. 5158 — To amend Public Law 86–272 to expand the prohibition of State taxation relating to certain solicitation of orders.
September 24, 2024
Status:Introduced in Senate
Congress:118
Words:247
S. 5158 seeks to modify Public Law 86–272 by expanding the restrictions on state taxation related to the solicitation of orders. It clarifies the definition of "solicitation of orders" to include any business activity that aids in order solicitation, even if that activity...
Simple Explanation
This bill changes the rules to make sure that when companies try to sell things, they don't have to pay extra taxes just because they're talking to people in a different state. It wants to make it easier for businesses to talk to people without worrying about state taxes.
S. 3487 — To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for AmeriCorps educational awards.
December 13, 2023
Status:Introduced in Senate
Congress:118
Words:390
S. 3487 aims to change the Internal Revenue Code of 1986 so that AmeriCorps educational awards are not counted as part of a person's gross income, meaning recipients won't have to pay taxes on these awards. The bill also proposes that any student loan debt forgiven through...
Simple Explanation
The bill wants to change the rules so that when someone receives money for education after helping their community through AmeriCorps, they don't have to pay taxes on it. It also says if someone has their student loans forgiven because of their national service, they won't have to pay taxes on that either.
S. 5478 — To amend the Internal Revenue Code of 1986 to increase the deduction for certain expenses of elementary and secondary school teachers and to allow an equivalent deduction for home educators.
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December 11, 2024
Status:Introduced in Senate
Congress:118
Words:778
S. 5478, known as the “Support Our Educators Act of 2024,” seeks to amend the Internal Revenue Code to benefit educators. It proposes to increase the tax deduction for expenses incurred by elementary and secondary school teachers from $250 to $600. Additionally, the bill...
Simple Explanation
The "Support Our Educators Act of 2024" is a law that wants to help teachers and parents who teach their kids at home by letting them save more money on their taxes for buying school supplies. It plans to increase the amount teachers can deduct from $250 to $600 each year, starting after 2024.
H. R. 9359 — To amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits.
August 13, 2024
Status:Introduced in House
Congress:118
Words:266
H.R. 9359 proposes changes to the Internal Revenue Code of 1986 to remove the requirement for Social Security benefits to be considered as part of a person's gross income, meaning that these benefits would no longer be taxable. The bill includes a provision to ensure that the...
Simple Explanation
H.R. 9359 is a plan to stop taxing money people get from Social Security, which is like a government help for when they're older. It also wants to make sure taking away the tax doesn't hurt the Social Security savings, by promising to pay back any missing money from another part of the government.
H. RES. 994 — Providing for consideration of the bill (H.R. 7160) to amend the Internal Revenue Code of 1986 to modify the limitation on the amount certain married individuals can deduct for State and local taxes, and providing for consideration of the resolution (H.Res. 987) denouncing the harmful, anti-American energy policies of the Biden administration, and for other purposes.
February 05, 2024
Status:Reported in House
Congress:118
Words:572
The resolution H. RES. 994 allows the U.S. House of Representatives to consider two legislative items. First, it permits discussion on the bill H.R. 7160, which proposes changes to the Internal Revenue Code by adjusting how much married individuals can deduct for state and local taxes....
Simple Explanation
This bill lets people in the U.S. government talk about two things: changing tax rules so some married people can keep more of their money when they pay taxes to their state, and speaking out against how the current President handles energy, which some say is hurting America. It also makes it so they don't have to follow some of the usual rules when discussing these topics.
H. R. 9035 — To amend titles 10 and 38, United States Code, and the National Defense Authorization Act for Fiscal Year 2014, to expand eligibility for certain benefits that arise from the death of a member of the Armed Forces, and for other purposes.
July 15, 2024
Status:Introduced in House
Congress:118
Words:805
H.R. 9035, titled the "ROTC and DEP Benefits Improvement Act," seeks to expand benefits for families of deceased Armed Forces members. It proposes changes to various sections of the United States Code and the National Defense Authorization Act for 2014 to broaden eligibility...
Simple Explanation
H.R. 9035 wants to make sure that when soldiers pass away, their families and other loved ones get help and money, even if they aren't married or close relatives, but it might cost more money than expected.
H. R. 9749 — To amend the Homeland Security Act of 2002 to abolish the reorganization authority of the Department of Homeland Security, and for other purposes.
September 23, 2024
Status:Introduced in House
Congress:118
Words:383
H.R. 9749 proposes changes to the Homeland Security Act of 2002 by removing certain sections that give the Department of Homeland Security (DHS) the power to reorganize itself. Specifically, the bill eliminates several sections and makes necessary changes to maintain...
Simple Explanation
The bill wants to stop a special rule that lets the Department of Homeland Security change how it is organized, so now it has to stick to the same setup, but some people are worried this might make it harder for them to keep us safe.
S. 4523 — To amend the Richard B. Russell National School Lunch Act to expand community eligibility, and for other purposes.
June 12, 2024
Status:Introduced in Senate
Congress:118
Words:289
S. 4523 aims to amend the Richard B. Russell National School Lunch Act to make it easier for schools to be eligible for community-based meal programs. The bill proposes to lower the eligibility threshold to 25 percent, starting from the 2024 school year, allowing more schools...
Simple Explanation
S. 4523 is a bill that tries to make it easier for schools to give free meals to their students by changing a rule, so more schools can join these meal programs. But, it doesn't explain why this change is needed, how it affects the budget, or if it’s fair for all schools.
H. R. 10104 — To amend the Internal Revenue Code of 1986 to prevent a double benefit with respect to second generation biofuels under the clean fuel production credit and the alcohol fuels credit and to extend the application of alcohol fuels credit with respect to such biofuels.
November 08, 2024
Status:Introduced in House
Congress:118
Words:366
H. R. 10104 is a bill introduced in the House of Representatives aimed at amending the Internal Revenue Code of 1986. The purpose of the bill is to prevent double benefits for second generation biofuels by ensuring that these fuels cannot receive both the clean fuel...
Simple Explanation
The bill wants to make sure that special cars running on certain plant-based fuels don't get two treats when they should only get one. It also gives these special fuels a longer time to enjoy their treats.
H. R. 8308 — An Act To reauthorize the Nutria Eradication and Control Act of 2003.
December 18, 2024
Status:Referred in Senate
Congress:118
Words:209
H.R. 8308 proposes to continue the Nutria Eradication and Control Act of 2003 for an additional five years by extending its expiration date from 2025 to 2030. The Act also includes a minor amendment to correct a typographical error in the original 2003 legislation. This bill...
Simple Explanation
H.R. 8308 wants to keep working to get rid of certain big rodents called "nutria" for five more years until 2030, and it also fixes a small spelling mistake from an old law.
H. R. 9743 — To amend the Internal Revenue Code of 1986 to allow a deduction for traveling expenses for Federal disaster relief workers away from home for more than 1 year.
September 20, 2024
Status:Introduced in House
Congress:118
Words:285
H.R. 9743 aims to change the Internal Revenue Code to offer tax deductions to Federal disaster relief workers for their travel expenses if they are away from home for more than a year. This bill proposes that such workers, certified by FEMA, can deduct these travel costs for...
Simple Explanation
In the DEPLOY Tax Relief Act, the plan is to let people who work to help during big emergencies get some money back from taxes if they travel away from home for more than a year. This means they won't have to pay as much in taxes for the costs of being far from home while they do their important jobs.
H. R. 7681 — To amend the Internal Revenue Code of 1986 to extend the exemption for telehealth services from certain high deductible health plan rules, to establish a safe harbor for high deductible health plans with no deductible for certain primary care services, and to direct the Comptroller General of the United States to conduct a study on the effects of such safe harbor.
March 13, 2024
Status:Introduced in House
Congress:118
Words:842
The bill titled "Primary and Virtual Care Affordability Act" seeks to amend the Internal Revenue Code to extend the exemption for telehealth services from certain rules governing high deductible health plans until January 1, 2027. It also establishes a safe harbor allowing high deductible...
Simple Explanation
The bill wants to make healthcare more affordable by changing some tax rules so that people can pay less money when they visit a doctor, especially if it's a check-up or a virtual visit. It also asks for a study to see how these changes could affect health insurance and visits to the doctor.
S. J. RES. 86 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the United States Fish and Wildlife Service relating to Endangered and Threatened Wildlife and Plants; Regulations for Interagency Cooperation.
May 16, 2024
Status:Introduced in Senate
Congress:118
Words:276
S. J. RES. 86 is a resolution that expresses congressional disapproval of a specific rule created by the United States Fish and Wildlife Service. The rule in question pertains to regulations for cooperation among federal agencies concerning endangered and threatened wildlife...
Simple Explanation
Congress wants to say no to a new rule about how government teams work together to take care of endangered animals and plants, which means they want to stop it from happening.
H. J. RES. 198 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions.
August 02, 2024
Status:Introduced in House
Congress:118
Words:224
H. J. RES. 198 is a joint resolution that seeks congressional disapproval of a rule set by the Department of the Treasury. This rule is concerned with how brokers report gross proceeds and determine the amount realized and basis for digital asset transactions. The resolution...
Simple Explanation
H. J. RES. 198 is a plan from Congress saying they don’t agree with a rule made by a group in charge of money things, called the Treasury. This rule was about telling brokers (the people who help buy and sell stuff) how to handle reports when people trade digital coins like Bitcoin, but Congress thinks it shouldn’t be used.
H. R. 7360 — To amend the Internal Revenue Code of 1986 to increase and make fully refundable the Child and Dependent Care Tax Credit, to increase the maximum amount excludable from gross income for employer-provided dependent care assistance, and for other purposes.
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February 14, 2024
Status:Introduced in House
Congress:118
Words:1,256
The bill H.R. 7360, titled the “Promoting Affordable Childcare for Everyone Act” or the “PACE Act”, aims to amend the Internal Revenue Code of 1986 to increase and make fully refundable the Child and Dependent Care Tax Credit. It also proposes to raise the maximum amount that...
Simple Explanation
The PACE Act is like the government giving families more money to help pay for babysitters or daycare. It also wants to let workers keep more money if their boss helps pay for childcare.
H. R. 7383 — To amend the Federal Food, Drug, and Cosmetic Act to set forth limitations on exclusive approval or licensure of drugs designated for rare diseases or conditions.
February 15, 2024
Status:Introduced in House
Congress:118
Words:542
H. R. 7383, also known as the "Retaining Access and Restoring Exclusivity Act" or the "RARE Act," proposes changes to the Federal Food, Drug, and Cosmetic Act to limit the exclusive approval or licensure of drugs designated for treating rare diseases or conditions. The bill...
Simple Explanation
The bill wants to change the rules for special medicines made for rare diseases, so they can only be used for the specific health problem they were approved for, not the whole disease. It wants these changes to count for all these special medicines, no matter when they were first allowed to be used.
H. R. 9033 — To amend title 5, United States Code, to apply regulatory flexibility analysis requirements for the Department of Labor.
July 15, 2024
Status:Introduced in House
Congress:118
Words:227
H.R. 9033, titled the “Let American Businesses be On Record Act of 2024” or the “LABOR Act of 2024,” proposes an amendment to title 5 of the United States Code. The bill aims to ensure that the Department of Labor conducts a regulatory flexibility analysis. This analysis is meant to evaluate...
Simple Explanation
The LABOR Act of 2024 is a new idea that wants to make sure the Department of Labor thinks about small businesses before making new rules, kind of like making sure everyone plays fair and doesn't leave the little guys out.

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