SHARE Act
The 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…
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Federal legislation · 119th Congress
The 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…
This 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…
This 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…
The 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…
This bill repeals several student loan and higher education provisions from a prior reconciliation act (Public Law 119-21), including changes to loan limits, repayment plans, deferment/forbearance rul…
The 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…
This 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…
This bill amends the Internal Revenue Code to create a new tax credit for employers that increase wages paid to child care workers. The credit equals 5 percent of qualified wage increases (7 percent i…
This bill establishes a federal tax credit for 75% of the qualified contributions of cash or market securities made by an individual to an eligible charter school organization to create or expand the…
This 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…
This 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…
The 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…
This 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;…
The 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…
This bill amends the Internal Revenue Code to provide bonus depreciation deductions for owners of long-term residential rental properties. Owners of qualifying rental properties with at least 2 dwelli…
This 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…
This 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…
The 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…
The 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…
This 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…
This 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…
The 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…
The 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…
This 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…
The 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…