The Affordable Housing Incentives Act allows property owners to avoid paying capital gains taxes when they sell real estate to qualified housing operators for use as affordable housing. To qualify, the property must be subject to a binding legal agreement that ensures it remains affordable or used as a homeless shelter for at least 30 years. The sale price cannot exceed the value determined by a professional appraisal, and the seller must notify the Treasury Department within 90 days of the transfer. The Treasury is required to audit these properties every five years to verify they continue to meet the affordability requirements throughout the 30-year period.
The HONOR Act prohibits U.S. taxpayers from claiming foreign tax credits for taxes paid to the Russian Federation for a specific period following the law's enactment. This restriction remains in effect until the United States resumes normal trade relations with Russia, at which point standard tariff rates will be restored. The provision explicitly overrides any conflicting international tax treaties to ensure the penalty applies regardless of existing agreements.
This bill, known as the D.C. Taxing Authority Review Act, modifies the rules for how new taxes and fees proposed by the District of Columbia government are reviewed by Congress. It requires that any D.C. law imposing or increasing a tax or fee must receive explicit approval from a joint resolution passed by both the House of Representatives and the Senate within 60 days, or else the law will not take effect. Additionally, the bill limits the time for debating these specific approval resolutions to one hour, split evenly between supporters and opponents. These changes directly affect the District of Columbia government's ability to enact new financial measures without prior congressional consent.
The Keep Public Funds in Public Schools Act of 2026 eliminates a federal tax credit that allowed parents to deduct contributions to scholarship granting organizations from their income. By removing these specific tax breaks, the bill prevents the use of public tax dollars to support private school vouchers and scholarship programs. This change directly affects families who currently rely on these tax incentives to fund education outside the public school system. The provisions take effect for taxable years beginning after December 31, 2026.
This bill, known as the Drain the Slush Fund Act, prevents the U.S. government from paying any court judgments, settlements, or legal costs to the President or Vice President. It directly affects the federal budget and legal system by amending existing laws to block such payments for any lawsuits filed by these officials. The measure applies to all cases pending or filed on or after January 20, 2025, ensuring that no financial awards can be made to the highest-ranking executive officers.
The Bipartisan Transparency for American Taxpayers Act prohibits the use of federal funds to pay claims submitted to the Anti-Weaponization Fund. This fund was established by the Department of Justice on May 18, 2026, and the bill specifically bars any money from being used for these payments. The legislation directly affects the Department of Justice and any individuals or entities seeking reimbursement from this specific fund. By restricting funding sources, the bill aims to prevent taxpayer money from being spent on claims directed to this newly created entity.
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This bill proposes to reverse several tax incentives for energy efficiency and clean energy that were previously extended by a 2024 law. It would end the tax deduction for energy-efficient commercial buildings, shorten the expiration date for the energy-efficient home credit, and delay the deadline for constructing clean hydrogen facilities. Additionally, the legislation would remove limits on the amount of credits available for clean electricity production and change how the phase-out of these credits is triggered. These changes directly affect property owners, builders, and businesses that currently rely on these specific tax breaks to fund green projects.
The DC ROADS Act prohibits the District of Columbia government from enacting or enforcing any congestion tolls on roads, bridges, and tunnels within the city. This legislation directly affects local officials by legally barring the Council and Mayor from implementing such fees and amends the Home Rule Act to include this restriction. The bill defines a congestion toll as any charge for entering or passing through a designated zone in the District, effectively preventing the city from using this specific revenue-raising method.
This bill prohibits the use of federal funds for military force in or against Cuba from its enactment until December 31, 2026, unless Congress declares war or passes specific statutory authorization. The restriction applies to all government funds and prevents military actions without congressional approval under the War Powers Resolution. An exception allows military force consistent with the War Powers Resolution's provisions for urgent situations requiring immediate action. The legislation directly affects the U.S. Department of Defense and federal budget processes by limiting how funds can be used for military operations targeting Cuba.
HR 159, the CLEAN Public Service Act, would end future retirement contributions and coverage for Members of Congress (excluding the Vice President) 90 days after enactment. It preserves all retirement benefits earned prior to the law's effective date under both the Civil Service Retirement System and Federal Employees Retirement System. The bill maintains current members' eligibility to participate in the Thrift Savings Plan. This policy change directly affects sitting and future members of Congress by altering their retirement benefits structure.
