The No Tax Breaks for Union Busting Act would deny tax deductions for employers who spend money to influence employees' decisions about union activities, such as union elections or collective bargaining. It defines "labor organization activities" broadly to include union elections, labor disputes, and collective actions. The bill requires employers to report such spending on tax returns and prevents them from deducting these expenses from taxable income. This would apply to employers using tactics like captive audience meetings, outside consultants, or other efforts to sway workers' union decisions. The policy aims to remove tax incentives for employers to interfere with workers' rights under labor law.
HR 1873, the Broadband Grant Tax Treatment Act, excludes certain federal broadband grants from taxable income for recipients. It directly affects entities (like internet providers or local governments) receiving qualifying grants under specific programs, including the Broadband Equity, Access, and Deployment Program and State Digital Equity Capacity Grants established by the Infrastructure Investment and Jobs Act. The bill prevents double tax benefits by disallowing deductions for expenses covered by these excluded grants and reduces the adjusted basis of related property. This change applies to grants received in taxable years ending after March 11, 2023.
This bill modifies tax code to help businesses in disaster-affected areas use unused tax credits. It allows businesses operating in qualified disaster zones (federally declared after 2023 or state-recognized under specific criteria) to treat certain carried-over tax credits as transferrable credits for eligible expenses. Eligible expenses include costs for business operations in these areas within two years of the disaster declaration. The change applies to tax years ending after the bill's enactment, making it easier for affected businesses to access credit benefits they previously couldn't utilize.
HR 1020 (BOOST Act) creates a tax credit for homeowners in rural unserved areas to improve broadband access. It allows a 75% credit (up to $400) for purchasing signal boosters, satellite customer equipment, or ground stations used in a primary residence. The credit applies only once per household and expires after 2029, targeting areas eligible for FCC's Rural Digital Opportunity Fund. This directly affects individual homeowners in designated rural broadband gaps seeking to enhance their internet connectivity.
HRES 382 creates a procedural rule in the House of Representatives during the 119th Congress (2025-2026) to block budget reconciliation bills that cut Medicaid or SNAP benefits for specific vulnerable groups. It prohibits consideration of any reconciliation measure reducing benefits for children under 19, seniors 65+, pregnant women, or people with disabilities (as defined by Social Security law). The rule does not apply to provisions targeting fraud, improper payments, or improving eligibility verification. This resolution is a procedural tool, not a law, and would prevent such benefit cuts from advancing through the budget process.
This bill provides temporary funding to ensure Transportation Security Administration (TSA) employees continue receiving standard pay and benefits during a potential government funding gap between February 14, 2026, and when regular fiscal year 2026 appropriations are enacted. It directly affects TSA employees who might otherwise face pay interruptions if Congress fails to pass a full-year budget by that date. The bill authorizes using Treasury funds for standard pay, allowances, and benefits during this interim period, with these costs later charged to the appropriate future appropriations. The funding expires automatically on September 30, 2026, or when regular appropriations are passed, whichever occurs first.
The State Public Option Act creates a new Medicaid buy-in option for state residents who are not enrolled in other health insurance plans, beginning January 1, 2026. It establishes limits on premiums (capped at 8.5% of family income) and cost-sharing, while allowing participants to enroll through state health insurance exchanges and access premium tax credits similar to those for private insurance. The bill also requires coverage of comprehensive sexual and reproductive health care services, including abortion services, starting in 2026. Additionally, it includes provisions to improve payment rates for primary care services provided under Medicaid.
The Wall Street Tax Act of 2025 imposes a transaction tax on securities trading in the U.S. market, starting at 0.02% for trades after December 2025 and gradually increasing to 0.1% after 2029. It applies to most stock, bond, and derivative transactions occurring on U.S. exchanges or involving U.S. persons, with the tax paid by exchanges, brokers, or the relevant parties (purchaser/seller) depending on the transaction type. The bill exempts initial security issuances and short-term debt (under 100 days) from taxation. This directly affects investors, brokers, and financial institutions conducting covered transactions in the U.S. market.
HR 2802, the Tax Relief from Tariffs and High Costs Act, creates a refundable tax credit for individual income tax filers in 2025. It provides a credit equal to 10% of an individual's federal income tax liability for 2025, directly affecting taxpayers who file returns for that year. The credit is limited to individuals with modified adjusted gross income below $100,000 (or $200,000 for joint filers). This credit applies to taxable years beginning after December 31, 2024, and before January 1, 2026.
The Stop Presidential Embezzlement Act (S 3817) would impose a 100% tax on damages received by the President, Vice President, certain high-level executive officials (level I of the Executive Schedule), and members of Congress from civil lawsuits they file against the United States. The tax applies to the total damages received during the period the individual held a covered position, including settlements or judgments. This would be implemented by adding a new tax provision to the Internal Revenue Code, treating such damages as fully taxable income without deductions.