Search Results for keywords:"net investment income tax"

Search Results: keywords:"net investment income tax"

H. R. 713 — To impose a financial penalty on certain institutions of higher education with high percentages of students who default or make insufficient payments on Federal student loans, and for other purposes.
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January 23, 2025
Status:Introduced in House
Congress:119
Words:2,839
H.R. 713 is a bill designed to hold certain colleges and universities accountable by imposing financial penalties on them if a high percentage of their students fail to repay or make sufficient payments on federal student loans. Specifically, institutions with substantial...
Simple Explanation
H.R. 713 is a plan to make some colleges and universities pay fines if lots of their students have trouble paying back their student loans, and it also wants to stop big schools from raising their prices too much by making them pay more taxes if they do.
H. R. 609 — To amend the Social Security Act and the Internal Revenue Code of 1986 to include net investment income tax imposed in the Federal Hospital Insurance Trust Fund and to modify the net investment income tax.
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January 22, 2025
Status:Introduced in House
Congress:119
Words:1,595
H.R. 609, titled the "Assuring Medicare’s Promise Act of 2025," aims to amend the Social Security Act and the Internal Revenue Code to incorporate the net investment income tax into the Federal Hospital Insurance Trust Fund. It also modifies how the net investment income tax applies to...
Simple Explanation
The "Assuring Medicare’s Promise Act of 2025" is a new rule that plans to use money from special taxes on the extra money that rich people make, like from selling stocks, to help pay for hospitals, and it wants rich people to pay more tax on their extra money to help others get healthcare.

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