Search Results for keywords:"joint committee on taxation"

Search Results: keywords:"joint committee on taxation"

H. R. 8820 — To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for long-term care insurance premiums and to reduce certain tax credits.
June 25, 2024
Status:Introduced in House
Congress:118
Words:869
H.R. 8820, titled the “Improving Access to Long-Term Care Insurance Act,” proposes changes to the Internal Revenue Code of 1986. It aims to allow taxpayers to deduct long-term care insurance premiums without needing to itemize their deductions and without these expenses...
Simple Explanation
H.R. 8820 is a plan to let people save money on their taxes by taking away the need to spend a lot before getting help to pay for long-term care insurance, like what helps the elderly or sick when they need extra care. But to make up for this, other ways people save on taxes, called credits, might be reduced.
H. R. 10289 — To amend the Congressional Budget and Impoundment Control Act of 1974 by requiring a distribution analysis of a bill or resolution under certain circumstances, and for other purposes.
💰
December 04, 2024
Status:Introduced in House
Congress:118
Words:1,279
H.R. 10289, also known as the “Fiscal Analysis by Income and Race Scoring Act”, aims to amend the Congressional Budget and Impoundment Control Act of 1974. It mandates that when a bill has a significant budget impact, an analysis must be conducted to show how the bill will affect different...
Simple Explanation
H.R. 10289 is about making sure that when the government wants to change how it spends money, it checks how the changes will affect different groups of people, like those with different incomes, races, and genders, to help make things fair.
H. R. 8341 — To amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes.
May 10, 2024
Status:Introduced in House
Congress:118
Words:369
H. R. 8341, also known as the “Cost Estimates Improvement Act,” aims to amend the Congressional Budget Act of 1974. The bill mandates that any estimates made by the Congressional Budget Office or the Joint Committee on Taxation must, as much as possible, account for the costs...
Simple Explanation
The Cost Estimates Improvement Act wants to make sure that when Congress looks at how much money new laws might cost, they also think about how much extra debt they might create and how much it will cost to pay back.

Showing 1 to 3 of 3 results