Search Results: keywords:"tax relief and health care act of 2006"

  • H. R. 399 — To permanently extend the American Samoa economic development tax credit.
    Status:Introduced in House
    Words:229

    H.R. 399 proposes to make the American Samoa economic development tax credit a permanent measure. The bill, introduced by Mrs. Radewagen and referred to the Committee on Ways and Means, seeks to amend the Tax Relief and Health Care Act of 2006 by removing the expiration date...

    Simple Explanation

    H.R. 399 is a bill that wants to keep giving special money help (called a tax credit) forever to people doing business in American Samoa, which is a part of the United States in the Pacific Ocean. This means businesses there can keep saving money every year, which some people think is a good way to help them grow, but others worry it might not be fair or smart because it would never end.

  • H. R. 10236 — To permanently extend the American Samoa economic development tax credit.
    Status:Introduced in House
    Words:229

    H. R. 10236 is a bill introduced in the House of Representatives to make the American Samoa economic development tax credit permanent. It proposes amendments to the Tax Relief and Health Care Act of 2006 by removing the time limitations for when the credit could be claimed,...

    Simple Explanation

    H. R. 10236 is a plan to keep a special rule forever that helps businesses in American Samoa pay less taxes. This rule used to have an end date, but now it won't stop, so businesses can keep saving money.