Search Results for keywords:"revenue loss"

Search Results: keywords:"revenue loss"

H. RES. 1553 — Expressing the sense that the House of Representatives must take responsible and timely action to address the Federal tax loophole that allows Act 22 decree holders to legally evade Federal taxes.
October 25, 2024
Status:Introduced in House
Congress:118
Words:214
H. RES. 1553 is a resolution that calls on the House of Representatives to take prompt and responsible action to close a federal tax loophole allowing Act 22 decree holders to avoid paying federal taxes. Act 22 enables wealthy Americans to move to Puerto Rico and receive substantial tax...
Simple Explanation
H. RES. 1553 is a suggestion from some grown-ups in the government who want to change a rule that lets rich people move to Puerto Rico and not pay certain taxes. This can make it harder for people in Puerto Rico to afford their homes, so they want to fix this problem to help everyone live better.
H. R. 8305 — To establish a payment program for unexpected loss of markets and revenues to timber harvesting and timber hauling businesses due to major disasters, and for other purposes.
💰
May 08, 2024
Status:Introduced in House
Congress:118
Words:746
H.R. 8305, known as the Loggers Economic Assistance and Relief Act, proposes the creation of a payment program to support timber harvesting and hauling businesses that suffer unexpected losses of markets and revenues due to major disasters. The bill defines eligible...
Simple Explanation
H.R. 8305 is like a special money program to help tree-cutting and wood-moving businesses when something bad happens that makes them lose money, like a big storm or bug trouble. If these businesses lose a lot of money, they can get some extra money to help pay for things they need to keep going.
H. R. 7905 — To prohibit States from imposing a tax on the retail sale of menstrual products.
April 09, 2024
Status:Introduced in House
Congress:118
Words:427
H.R. 7905, also known as the "Stop Taxes Against Menstrual Products Act of 2024" or "STAMP Act of 2024," seeks to make it illegal for any U.S. state or local government to impose a tax on the retail sale of menstrual products. This includes items such as sanitary napkins,...
Simple Explanation
This bill, called the "STAMP Act of 2024," says that places in the U.S. can't charge extra money, like a tax, when someone buys things they need for their period, like pads or tampons.
S. 4251 — To establish a payment program for unexpected loss of markets and revenues to timber harvesting and timber hauling businesses due to major disasters, and for other purposes.
💰
May 02, 2024
Status:Introduced in Senate
Congress:118
Words:748
S. 4251, also known as the “Loggers Economic Assistance and Relief Act,” aims to provide financial support to timber harvesting and timber hauling businesses that suffer significant revenue losses due to major disasters. The bill authorizes the Secretary of Agriculture to...
Simple Explanation
S. 4251 is a plan to help tree-cutting and tree-moving businesses if they lose a lot of money because of bad things like storms or bug attacks. The government promises up to $50 million a year until 2028 to support these businesses and keep them running.

Showing 1 to 4 of 4 results