The Pay Less at the Pump Act of 2026 ends a fee on certain chemicals that funded the Superfund program for hazardous waste cleanup after December 31, 2025. Starting January 1, 2026, companies subject to this fee will no longer be required to pay it. The bill also changes repayment rules for Superfund advances, requiring quarterly payments from unobligated funds until advances are fully repaid. This directly affects businesses that paid the Superfund fee, which applied to manufacturers and handlers of specific chemicals.
This joint resolution seeks to block a Federal Communications Commission (FCC) rule that aimed to expand internet access for schools through the E-Rate program, specifically addressing the "homework gap" by increasing funding for student connectivity. The rule, published in the Federal Register on August 20, 2024, would have modified how schools and libraries access broadband under the E-Rate program. If passed, the resolution would cancel this rule, preventing it from taking effect under federal disapproval procedures. This is a procedural action targeting a specific FCC regulatory change, not a new policy.
HR 400 prohibits U.S. taxpayer funding for the United Nations Human Rights Council. It requires the Secretary of State to withhold from annual U.S. UN budget contributions any amount allocated to the Human Rights Council, and bans voluntary U.S. contributions to the Council. Funds withheld under this law are canceled immediately and do not count as unpaid dues to the UN. The bill specifically targets the Human Rights Council, leaving other UN activities unaffected.
HR 909, the Crime Victims Fund Stabilization Act of 2025, modifies how funds from the False Claims Act are deposited into the Crime Victims Fund. It specifies that from 2025 through 2029, certain False Claims Act proceeds (specifically those for qui tam plaintiff payments and government damage reimbursements) cannot be deposited into the fund. This change directly affects the composition of the Crime Victims Fund by excluding these specific revenue streams during the specified period. The bill does not create new benefits or alter victim services; it only adjusts fund allocation rules for existing False Claims Act revenues.
HR 640, the Chemical Tax Repeal Act, eliminates excise taxes on specific chemicals previously levied under Internal Revenue Code Chapter 38. It directly affects chemical manufacturers and distributors who paid these taxes on certain substances. The bill repeals the relevant tax provisions by amending the Internal Revenue Code, removing subchapters B and C of Chapter 38. This change takes effect on January 1, 2024, ending the tax requirement for covered chemicals.
The ALIGN Act (HR 574) allows businesses to immediately deduct the full cost of certain qualifying equipment and property (like machinery or tools) instead of spreading the deduction over several years. This permanent tax change directly affects businesses that invest in eligible property placed in service after September 2017. The key provision eliminates the previous depreciation rules for these assets, providing an immediate tax benefit to encourage capital investment. It does not change tax rates or apply to all business expenses, only specific types of equipment meeting the defined criteria.
HR 858, the REVIVE VI Act, exempts certain income earned by Virgin Islands businesses from global tax rules that typically apply to foreign-owned companies. Specifically, it creates a new category of "qualified Virgin Islands services income" for Virgin Islands corporations performing services within the territory, excluding this income from the global intangible low-taxed income (GILTI) tax calculation. This directly benefits Virgin Islands-based service providers and their "specified United States shareholders" (including individuals, trusts, estates, or closely held C corporations that owned the business before 2023). The change reduces tax liability for qualifying businesses operating in the U.S. Virgin Islands, aiming to boost local economic activity.
HR 1301, the Death Tax Repeal Act, would eliminate the federal estate tax and generation-skipping transfer tax for estates of individuals dying on or after its enactment date. It directly affects individuals inheriting significant assets, as it removes taxes on estates exceeding $10 million (adjusted for inflation) and repeals taxes on large transfers between generations. The bill modifies the gift tax by establishing a $10 million lifetime exemption with annual inflation adjustments, replacing previous tax brackets. It applies to estates, gifts, and transfers occurring on or after the bill's effective date.
The ELITE Vehicles Act repeals three key tax credits for electric vehicles under the Internal Revenue Code: the clean vehicle credit (Section 30D), the credit for previously-owned clean vehicles (Section 25E), and the credit for qualified commercial clean vehicles (Section 45W). It also excludes electric vehicle recharging property from the alternative fuel vehicle refueling credit. These changes directly affect individuals and businesses purchasing new or used electric vehicles, as well as those installing EV charging infrastructure, by eliminating the associated tax benefits. The repeal applies to vehicles purchased or under binding contract after 30 days following the bill's enactment.
This bill prohibits federal funds from being used for abortions or health plans covering abortion. It amends the Affordable Care Act to block premium tax credits and cost-sharing reductions for health plans that include abortion coverage (except for rape/incest cases or life-threatening conditions), and requires clear disclosure of abortion coverage and related surcharges in plan materials. The law explicitly exempts abortions performed due to rape, incest, or to preserve a mother's life, and allows separate abortion coverage using non-federal funds. It applies to all federal health programs and ACA marketplace plans, effective for plan years beginning after 2025.
