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Search Results: keywords:"penalty enforcement"

  • H. R. 7574, known as the "Closing the Workforce Gap Act of 2024," aims to modify the Immigration and Nationality Act by adjusting the limits on H-2B nonimmigrant visas based on economic needs. It introduces several changes, such as allowing exemptions for workers in rural and seasonal...

    Simple Explanation

    The "Closing the Workforce Gap Act of 2024" is a plan to change how the U.S. decides the number of special work visas for people from other countries, making sure it's based on how much they're needed. It also makes sure workers are treated fairly, safe, and not charged extra fees to get their jobs.

  • H.R. 9736, known as the β€œCorporate Management Accountability Act of 2024”, aims to hold irresponsible corporate executives accountable for fines and penalties, instead of passing those costs onto shareholders. It instructs the Securities and Exchange Commission (SEC) to create rules requiring...

    Simple Explanation

    The bill wants to make sure that if a company does something wrong and gets fined, the bosses pay for it, not the people who own shares of the company. It tells the government to make rules so companies report if they have ways to get that money back from the bosses' pay, and they have to share this information every year.

  • H.R. 9738 is a bill introduced to increase penalties for those who facilitate fraud involving COVID-related employee retention tax credits. The bill outlines higher penalties for promoters who aid in understating tax liabilities related to these credits and mandates due...

    Simple Explanation

    H.R. 9738 is a bill that wants to make the rules tougher for people who try to cheat with a special kind of tax credit that businesses got during COVID. It says if someone helps others cheat on these taxes, they can get in big trouble with really big fines to make them stop.