119-s-4222·119th Congress·taxes+2
AI summaryThis bill amends the Internal Revenue Code to eliminate federal tax credits for enhanced oil recovery (EOR) operations. Specifically, it repeals Section 43 of the tax code, which currently provides a…
119-hr-8117·119th Congress·taxes+1
AI summaryThe Fair Treatment of Religious Organizations Act of 2026 amends the Internal Revenue Code to protect the tax-exempt status of religious organizations by preventing determinations of religious purpose…
119-hr-8116·119th Congress·taxes+1
AI summaryThe SHARE Act amends the Internal Revenue Code to exclude from gross income certain proceeds from shared appreciation mortgage contracts. Specifically, it exempts lenders from reporting as income the…
119-hr-8101·119th Congress·taxes
AI summaryThis bill amends the Internal Revenue Code to repeal a modification to the definition of adjusted taxable income used in calculating the limitation on business interest deductions. Specifically, it re…
119-hr-8085·119th Congress·taxes+1
AI summaryThe Ultra-Millionaire Tax Act of 2026 would amend the Internal Revenue Code to impose a new annual wealth tax on individuals and certain trusts based on the net value of their taxable assets. The tax…
119-hr-8034·119th Congress·taxes+2
AI summaryThis bill amends the Internal Revenue Code to increase tax deductions for small oil and gas producers on marginal properties. Specifically, it raises the percentage depletion allowance from 15% to a s…
119-s-4111·119th Congress·taxes+2
AI summaryThis bill imposes a federal excise tax on crude oil producers and importers when oil prices exceed a baseline threshold, set at 50 percent of the price increase above 2025 average prices. Revenue from…
119-hr-7960·119th Congress·taxes+2
AI summaryThis bill imposes a federal excise tax on crude oil producers and importers, set at 50% of the amount by which the average quarterly price of Brent crude oil exceeds the 2025 baseline price (adjusted…
119-hr-7937·119th Congress·taxes+1
AI summaryThe Working Americans' Tax Cut Act amends the Internal Revenue Code to provide tax relief for low- and middle-income individuals while imposing a surcharge on high-income earners. It establishes an al…
119-hr-7897·119th Congress·taxes+1
AI summaryThis bill amends the Internal Revenue Code to exclude compensation received for inactive-duty training from federal taxable income. Under current law, such drill pay is subject to federal income tax;…
119-s-4083·119th Congress·taxes+1
AI summaryThe Working Americans' Tax Cut Act amends the Internal Revenue Code to provide tax relief for low- and middle-income individuals and impose a surcharge on high-income earners. It creates an alternativ…
119-hr-7919·119th Congress·taxes+2
AI summaryThis bill amends the Internal Revenue Code to establish a gasoline tax holiday from the date of enactment through September 30, 2026, setting the federal excise tax rate on gasoline to zero and suspen…
119-s-4032·119th Congress·taxes+2
AI summaryThis bill amends the Internal Revenue Code to establish a gasoline tax holiday from the date of enactment through September 30, 2026, setting the federal excise tax rate on gasoline to zero and suspen…
119-hr-7806·119th Congress·taxes+1
AI summaryThe Direct File Act of 2026 codifies a federal government tax preparation and filing program. The bill prohibits the IRS from entering into agreements that restrict its ability to provide free tax ret…
119-hr-7769·119th Congress·taxes+1
AI summaryThe MINT Act amends the Internal Revenue Code to restore the tax-exempt status of state and local bonds that are guaranteed by Federal Home Loan Banks. Currently, such bonds are treated as federally g…
119-hr-7767·119th Congress·taxes+3
AI summaryThis bill would impose a 5 percent annual wealth tax on individuals and trusts with net assets exceeding $1 billion, adjusted annually for inflation. The bill also includes provisions expanding Medica…
119-s-3956·119th Congress·taxes+3
AI summaryThis bill would impose an annual 5 percent wealth tax on individuals and trusts with net assets exceeding $1 billion, adjusted annually for inflation. The bill establishes valuation rules, enforcement…
119-s-3931·119th Congress·taxes+2
AI summaryThe Taxpayer Assistance and Service Act (TAS Act) is a comprehensive bill that modernizes IRS operations and taxpayer services. It requires the IRS to digitize tax returns and correspondence, establis…
119-hr-7736·119th Congress·economy+1
AI summaryThe RELIEF Act requires U.S. Customs and Border Protection to refund all tariffs and duties collected under the International Emergency Economic Powers Act since January 1, 2025, within 90 days of ena…
119-hr-7594·119th Congress·education+2
AI summaryThis bill amends the Internal Revenue Code to exclude post-graduation scholarship grants from taxable income when certain conditions are met. Specifically, grants established by tax-exempt organizatio…
119-hr-7460·119th Congress·taxes+2
AI summaryThe Airborne Act of 2026 creates a federal tax credit for indoor air quality improvements at commercial, public, and nonprofit properties. The credit covers three categories: indoor air quality assess…
119-hr-7450·119th Congress·taxes+2
AI summaryThis bill amends the Internal Revenue Code to allow certain taxpayers affected by federally declared disasters occurring after December 31, 2023, to transfer a portion of their general business credit…
119-hr-7424·119th Congress·economy+1
AI summaryThis bill prohibits federal agencies from awarding contracts to inverted domestic corporations—foreign-incorporated entities that acquired substantially all assets of a U.S. company but retain signifi…
119-hr-7414·119th Congress·housing+2
AI summaryThe Affordable Housing Bond Enhancement Act amends the Internal Revenue Code to expand the use of mortgage revenue bonds and mortgage credit certificates for affordable housing. Key provisions include…
119-s-3811·119th Congress·economy+1
AI summaryThe American Business for American Companies Act of 2026 prohibits federal agencies from awarding contracts to inverted domestic corporations—foreign-incorporated entities that acquired substantially…