Budget & Taxes (Sales Tax)

in committee · United States · House Apr 10, 2025

HR 2875: Mobile Mammography Promotion Act of 2025

This bill provides tax relief for mobile mammography services by refunding federal excise taxes on fuel used in qualifying vehicles and exempting that fuel from retail taxation. Specifically, it requires the IRS to refund excise taxes paid on fuel used in highway vehicles exclusively designed for mobile mammography services, and it exempts such fuel from the retail excise tax under Section 4041. These changes directly benefit mobile mammography providers by reducing their operational costs for vehicle fuel. The provisions take effect upon the bill's enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief through fuel excise tax refunds and retail tax exemptions for mobile mammography providers, directly aligning with tax relief indicators for essential services.95% confidence

Sub-Topics Sales Tax

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in committee · United States · House Jul 16, 2025

HR 4462: Protecting Endowments from Our Adversaries Act

HR 4462, the *Protecting Endowments from Our Adversaries Act*, imposes a 50% excise tax on large private colleges and universities when they acquire investments in foreign entities listed on U.S. government watchlists (like Commerce’s Entity List or FCC’s Covered List). It also taxes 100% of net income from such investments annually. The bill targets institutions with over $1 billion in non-exempt assets (excluding assets used for their core educational purpose), excluding public universities. This directly affects the investment strategies of large private institutions by taxing both new acquisitions and annual income from investments in entities deemed national security risks by the government.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 50% excise tax on foreign investments by large colleges, generating revenue through targeted taxation, advancing fiscal policy under Budget & Taxes.95% confidence

Sub-Topics Sales Tax

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in committee · United States · House Sep 2, 2026

HR 4586: AIDA

The AIDA bill aims to support African and Caribbean diaspora communities in the U.S. who send remittances to their countries of origin. It would create tax deductions for remittances used for housing, education, healthcare, or small business support (up to $3,000 annually) and exclude income from certified diaspora investments from taxable income (up to $12,000 annually). The bill also establishes programs through the International Development Finance Corporation to support diaspora-led investments and reduce remittance costs by removing regulatory barriers for diaspora-owned remittance providers. It repeals a remittance excise tax and requires annual reports to measure the impact on development in Africa and the Caribbean.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deductions for remittance expenses (up to $3k) and excludes diaspora investment income (up to $12k) from taxable income, offering tax relief to lower/middle-income communities.95% confidence ✓ HousingSupports HousingBill provides tax deductions for remittances used on housing, directly supporting affordability for diaspora communities.95% confidence

Sub-Topics Sales Tax Property Development

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in committee · United States · House Jun 27, 2025

HR 4243: Homecare for Seniors Act

This bill allows seniors to use tax-free health savings account (HSA) funds for qualified home care services. It defines "qualified home care" as contracts providing three or more specific personal care services (like assistance with bathing, dressing, or medication) from state-licensed providers. The policy change directly affects seniors needing home care who use HSAs, excluding family-provided care and requiring state licensing compliance. A public awareness campaign will also inform seniors about eligible services.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands tax-free HSA usage for home care, providing direct tax relief to seniors. This aligns with tax relief indicators for middle-income individuals and strengthens tax-advantaged healthcare access.90% confidence ✓ HealthcareSupports HealthcareExpands HSA coverage for licensed home care services, improving seniors' access to tax-free healthcare support without family care exceptions.95% confidence

Sub-Topics Sales Tax Long-Term Care Tags Seniors

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in committee · United States · House Jan 13, 2026

HR 5068: MORE Act

The MORE Act (HR 5068) would remove cannabis from the federal list of controlled substances, effectively decriminalizing it at the federal level while establishing a new tax on cannabis products. The bill creates an Opportunity Trust Fund that would distribute tax revenues to support communities disproportionately impacted by cannabis prohibition, including funding for expungement programs, job training, and equitable licensing initiatives for minority business owners. It also includes provisions to prevent discrimination based on cannabis use in federal programs, immigration proceedings, and workplace policies. The bill would require federal courts to expunge non-violent cannabis convictions and establish a process for resentencing individuals currently serving time for such offenses. These provisions aim to address racial disparities in cannabis enforcement and create more equitable opportunities in the legal cannabis industry.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new cannabis tax and allocates revenue to fund expungement, job training, and equitable licensing programs via Opportunity Trust Fund.90% confidence ✓ Criminal JusticeSupports Criminal JusticeCreates expungement programs and funds community support for minority business owners impacted by cannabis prohibition, directly advancing criminal justice reform.95% confidence

Sub-Topics Sales Tax Civil Rights Drug Policy Sentencing

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in committee · United States · Senate Feb 26, 2025

S 756: Freedom to Invest in Tomorrow’s Workforce Act

This bill amends the tax code to allow 529 college savings accounts to cover certain postsecondary credentialing costs, such as certifications, licenses, and apprenticeship fees, in addition to traditional tuition. It directly affects individuals using 529 accounts who pursue industry-recognized credentials (like IT certifications, nursing licenses, or registered apprenticeships) instead of degree programs. The key provision expands "qualified higher education expenses" under Section 529(e)(3) to include tuition, testing fees, and required continuing education for recognized credentials listed in state directories or federal systems (like the COOL directory). It defines "recognized" credentials based on industry standards, federal programs, or state approval. This change enables 529 account holders to use tax-advantaged savings for workforce training beyond traditional degree paths.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax-advantaged 529 use for workforce credentials, providing tax relief for middle-income earners seeking certifications/licenses.95% confidence ✓ EducationSupports EducationExpands 529 account coverage to include industry credentials, increasing access to non-degree workforce training and supporting higher education affordability.95% confidence ✓ TechnologySupports TechnologyExpands 529 coverage for IT certifications and tech credentials, directly funding tech workforce development through tax-advantaged savings.95% confidence

Sub-Topics Sales Tax Career & Technical Education Higher Education

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in committee · United States · House Feb 20, 2026

HR 7636: To amend the Internal Revenue Code of 1986 to establish the individual tariff refund credit.

HR 7636 creates a new tax credit for individuals affected by unlawfully imposed tariffs. It allows eligible individuals (excluding non-residents, those with dependents claimed by others, and estates/trusts) to receive a refundable credit equal to their household's share of total tariff revenues repaid by the government after a court orders repayment of unlawfully collected tariffs (imposed after January 20, 2025). The credit amount is calculated by dividing total repaid tariff revenues by the number of eligible households, with household size including the individual plus dependents. The credit applies to taxable years ending before the court order date, with refunds processed rapidly and without interest. A separate provision also imposes a 100% excise tax on corporate tariff refunds not passed to consumers.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates refundable tax credit for individuals affected by unlawful tariffs, providing direct tax relief to eligible taxpayers.95% confidence

Sub-Topics Sales Tax Tax Credits

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in committee · United States · House Jan 16, 2026

HR 7138: Stop Wall Street Landlords Act of 2026

HR 7138 disallows tax deductions for mortgage interest and depreciation on single-family homes (1-4 units) owned by large investment entities with over $100 million in assets, while imposing a 100% excise tax on sales or transfers of such properties. The bill directly affects institutional landlords (e.g., large real estate investment firms), excluding government entities, nonprofits, and federally assisted housing. Revenue from the tax will fund low-income housing programs via the Housing Trust Fund. It also prohibits Fannie Mae, Freddie Mac, and Ginnie Mae from purchasing or guaranteeing mortgages for these properties. The provisions apply 18 months after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesCloses tax loopholes for institutional landlords and funds low-income housing via excise tax revenue, aligning with tax fairness and public service funding indicators.95% confidence ✓ HousingSupports HousingBill taxes large landlords to fund low-income housing programs, directly advancing affordable housing goals through revenue allocation.95% confidence

Sub-Topics Procurement Sales Tax Affordable Housing Housing Finance Mortgages

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in committee · United States · Senate Feb 6, 2025

S 454: Gambling Addiction Recovery, Investment, and Treatment Act

The Gambling Addiction Recovery, Investment, and Treatment Act establishes federal grants to help states address gambling addiction and funds research on the issue. States will receive grants based on the same allocation method used for existing substance abuse prevention and treatment programs, with unclaimed funds redistributed to applying states. The bill authorizes funding from 37.5% of annual gambling tax revenue for state programs and 12.5% for research through the National Institute on Drug Abuse, covering fiscal years 2025-2034. It requires a congressional report on program effectiveness within three years of enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates 37.5% of gambling tax revenue to fund state addiction programs, directly using tax revenue for program funding as a core mechanism.95% confidence ✓ HealthcareSupports HealthcareBill funds gambling addiction treatment/research via federal grants, directly supporting mental health services within healthcare policy framework.92% confidence

Sub-Topics Revenue Sales Tax Mental Health Substance Abuse

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in committee · United States · Senate May 7, 2025

S 1649: Sporting Goods Excise Tax Modernization Act

S 1649, the Sporting Goods Excise Tax Modernization Act, requires certain online marketplace platforms (like Amazon or eBay) to collect and pay the federal excise tax on sporting goods sold through their platforms, rather than individual sellers. It specifically targets platforms that host third-party listings, handle payments, and facilitate the import of goods from outside the U.S. (e.g., a platform selling a foreign-made golf club). The bill treats these platforms as the "importer and seller" for tax purposes, shifting responsibility to them for collecting the tax under Section 4161 of the tax code. This change applies to sales occurring 60 days after the bill's enactment, with exceptions if tax would otherwise apply to another party. The law aims to modernize tax collection for goods sold via digital marketplaces.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill shifts tax collection from sellers to platforms, closing a loophole to increase government revenue, aligning with fiscal responsibility and tax compliance.90% confidence

Sub-Topics Sales Tax

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