This resolution supports the preservation of the stepped-up basis tax rule that allows recipients of inherited assets such as land, equipment, or buildings to adjust the cost basis of the assets to reflect their fair market value. The resolution opposes any efforts to impose new taxes on family farms or small businesses and recognizes the importance of generational transfers of farm and family-owned businesses.
Rep. Michael Cloud
Sponsored bills
Restore Onshore Energy Production Act This bill requires the Department of the Interior to immediately resume sales of oil and gas leases in accordance with applicable onshore mineral leasing laws and specifies a minimum number of sales that Interior must conduct in each state where there is land available for oil and gas leasing. The bill also prohibits the President from taking actions to cancel, delay, or otherwise impede federal processes related to energy mineral leasing without congressional approval.
Energy Permitting Certainty Act This bill requires the Department of the Interior to process applications for permits to drill under a valid oil or gas lease even if there are any pending civil actions, provided that the civil actions do not directly affect or involve the application or underlying lease.
Securing American Energy and Investing in Resiliency Act This bill requires the Department of the Interior to conduct certain sales of oil and gas leases on the Outer Continental Shelf by a specified deadline.
This joint resolution nullifies the rule titled Patient Protection and Affordable Care Act; Updating Payment Parameters, Section 1332 Waiver Implementing Regulations, and Improving Health Insurance Markets for 2022 and Beyond , which was issued by the Centers for Medicare & Medicaid Services and the Department of the Treasury on September 27, 2021. The rule expands the open enrollment period for individual health coverage and rescinds the previous interpretation of certain requirements relating to Section 1332 waivers (also known as State Innovation Waivers or State Relief and Empowerment Waivers).
This joint resolution nullifies the rule issued by the Department of Health and Human Services on October 7, 2021, that reverts requirements for federally funded providers of family planning services to those in effect before May 3, 2019, and makes other changes to family planning programs. Specific changes in the rule include (1) removing restrictions on pregnancy options counseling and referrals for abortion services, (2) eliminating requirements for physical and financial separation between abortion-related activities and specified family planning activities, and (3) providing a particular focus on health equity.
Maddy summaryH.J. Res. 46 is a joint resolution seeking to terminate the national emergency declared by President Trump on March 13, 2020, under the National Emergencies Act. If enacted, it would end the legal authority allowing federal agencies to bypass standard procedures during the pandemic response. This action would directly affect government operations relying on emergency powers, requiring agencies to revert to regular processes for ongoing programs. The resolution does not alter existing laws or create new policies - it solely ends the emergency designation.
Accountable Federal Employees Act or the Accountable Feds Act This bill establishes and modifies requirements relating to the administration of the federal workforce, including (1) creating a new Schedule F in the excepted service for certain positions that are not normally subject to change as a result of a presidential transition; (2) specifying certain standards and principles relating to removals, grievance procedures, and adverse personnel actions; (3) placing certain restrictions on the use of union time; and (4) creating a workgroup to manage the efficiency of labor-management relations.
Ernest Peltz Accrued Veterans Benefits Act This bill makes certain benefits that are payable to the surviving spouse of a deceased veteran payable to the veteran's children or dependent parents if the veteran does not have a surviving spouse.
This resolution condemns the terrorist attack on Congregation Beth Israel in Colleyville, Texas, on January 15, 2022. It also expresses support for the affected community, commends the actions of law enforcement and emergency responders, and reaffirms a commitment to combat hate, bigotry, anti-Semitism, and violence against Jewish Americans.