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Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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380 rows where bill_type = "s", congress = 107 and policy_area = "Taxation" sorted by introduced_date descending

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  • Taxation · 380 ✖

congress 1

  • 107 · 380 ✖

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  • s · 380 ✖
bill_id congress bill_type bill_number title policy_area introduced_date ▲ latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
107-s-3 107 s 3 Contract With Investors Taxation 2002-11-19 2002-11-20 Sponsor introductory remarks on measure. (CR S11575-11576) Senate Sen. Kyl, Jon [R-AZ] AZ R K000352 0 Contract With Investors - Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to repeal the sunset provisions of such Act.Amends the Internal Revenue Code to: (1) accelerate individual income tax rate reductions; (2) accelerate the repeal of estate and generation-skipping transfer taxes; (3) reduce maximum capital gains tax rates for individuals; (4) increase capital loss limitations for individuals; (5) accelerate contribution increases for certain retirement plans; (6) increase the age for mandatory retirement and pension plan distributions; and (7) exclude from gross income dividends received by individuals from domestic, publicly traded C corporations, with exceptions.Expresses the sense of the Senate that Congress should: (1) pass legislation to safeguard workers' pension and retirement accounts; (2) modernize international tax provisions to permit U.S. companies to better compete internationally; (3) repeal outdated regulatory burdens on U.S. investors and companies; (4) enact tort reform; and (5) simplify the Federal tax code and reduce the cost recovery periods for businesses. 2025-08-19T17:30:57Z https://www.congress.gov/bill/107th-congress/senate-bill/3
107-s-3175 107 s 3175 A bill to amend the Internal Revenue Code of 1986 to reduce the tax on beer to its pre-1991 level. Taxation 2002-11-19 2002-11-19 Read twice and referred to the Committee on Finance. Senate Sen. Santorum, Rick [R-PA] PA R S000059 0 Amends the Internal Revenue Code to reduce from $18 to $9 (its pre-1991 level) the per-barrel tax on beer. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/3175
107-s-3176 107 s 3176 Renewal Community Tax Benefit Improvement Act Taxation 2002-11-19 2002-11-20 Sponsor introductory remarks on measure. (CR S11579) Senate Sen. Landrieu, Mary L. [D-LA] LA D L000550 1 Renewal Community Tax Benefit Improvement Act - Amends the Internal Revenue Code concerning the renewal community employment credit to permit employers in a renewal community to also qualify by employing residents of certain other renewal communities (within the same State). 2025-08-19T17:30:12Z https://www.congress.gov/bill/107th-congress/senate-bill/3176
107-s-4 107 s 4 A bill to amend the Internal Revenue Code of 1986 to treat earnings on contributions to tax-deferred savings accounts as gain from the sale or exchange of a capital asset. Taxation 2002-11-19 2002-11-19 Read twice and referred to the Committee on Finance. Senate Sen. Gramm, Phil [R-TX] TX R G000365 0 Amends the Internal Revenue Code to treat earnings on contributions to tax-deferred savings accounts as gain from the sale or exchange of a capital asset. 2025-04-07T13:38:33Z https://www.congress.gov/bill/107th-congress/senate-bill/4
107-s-3153 107 s 3153 Tax Technical Corrections Act of 2002 Taxation 2002-11-13 2002-11-13 Read twice and referred to the Committee on Finance. Senate Sen. Baucus, Max [D-MT] MT D B000243 1 Tax Technical Corrections Act of 2002 - Amends the Internal Revenue Code to make technical corrections to the Job Creation and Worker Assistance Act of 2002 concerning: (1) the special depreciation allowance for certain property acquired after September 10, 2001 and before September 11, 2004; (2) the application of the temporary suspension of the 90 percent alternative minimum taxable income limit on certain carrybacks of net operating losses; (3) certain tax benefits for areas of New York City which sustained damage from the terrorist acts of September 11, 2001; (4) the interest rate range for certain additional funding requirements under the Employee Retirement Income Security Act of 1974 (ERISA); and (5) a technical correction to the Economic Growth and Tax Relief Reconciliation Act of 2001.Makes technical corrections to the Economic Growth and Tax Relief Reconciliation Act of 2001 concerning: (1) modifications to educational individual retirement accounts (IRAs); (2) an increase in benefit and contribution limits for defined benefit plans; and (3) a waiver of tax for nondeductible contributions to domestic and similar workers.Makes technical corrections to the Victims of Terrorism Tax Relief Act of 2001 concerning the disclosure of tax information in terrorism and national security investigations.Makes technical corrections to the Community Renewal Tax Relief Act of 2000 concerning the tax treatment of securities futures contracts.Makes technical corrects to the Taxpayer Relief Act of 1997 concerning constructive sales treatment for appreciated financial positions and the extension and modification of taxes funding the Airport and Airway Trust Fund.Redefines valid taxpayer identification number for the earned income credit. 2025-08-19T17:32:40Z https://www.congress.gov/bill/107th-congress/senate-bill/3153
107-s-3154 107 s 3154 A bill to amend the Internal Revenue Code of 1986 to combat fuel excise tax fraud. Taxation 2002-11-13 2002-11-13 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10890-10891) Senate Sen. Grassley, Chuck [R-IA] IA R G000386 1 Amends the Internal Revenue Code to address issues concerning the fuel excise tax.Requires that fuel be transferred by registered pipeline or vessel to qualify for the fuel tax exemption of bulk transfers to registered terminals or refineries. Imposes civil penalties for the carrying of taxable fuels by nonregistered pipelines.Requires registered operators and dealers in aviation fuel to file electronically for fuel tracking purposes.Requires that the tax imposed on the sale of diesel fuel be imposed whether or not the fuel is suitable for use in a diesel-powered vehicle or train.Imposes a civil penalty for each refusal of entry (inspection) relating to the transport and distribution of untaxed adulterated fuel mixtures or dyed diesel for taxable use.States that any person required to be registered for the sale of fuels must display that registration.Requires that the fuel tax be imposed at the point of entry when the importer is not registered.Increases the tax on vehicles at or above a taxable gross weight of 55,000 pounds, permitting proration of the tax only as specified. Requires information on returns concerning such vehicles to be available as necessary for law enforcement purposes.Requires copies of records to be furnished to inspectors, upon request.Permits the inspection of books and records to determine who is selling or purchasing taxable fuel.Prohibits administrative review of any penalty imposed for taxable use of dyed diesel fuel used on the highway, absent proof of fraud or mistake in chemical analysis or mathematical calculation. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/3154
107-s-3133 107 s 3133 MEGA Fund Part II Act Taxation 2002-10-17 2002-10-17 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10694-10696) Senate Sen. Baucus, Max [D-MT] MT D B000243 2 Maximum Economic Growth for America Through Highway Funding Part II Act or the MEGA Fund Part II Act - Amends the Internal Revenue Code to extend for six years the availability of funds in the Highway Trust Fund authorized under specified provisions of the Highway Revenue Act of 1956, the Surface Transportation Assistance Act of 1982, the Surface Transportation and Uniform Relocation Assistance Act of 1987, the Intermodal Surface Transportation Efficiency Act of 1991, and the Transportation Equity Act for the 21st Century.Makes such funding available to the Maximum Economic Growth for America Through Highway Funding Act. 2025-08-19T17:31:26Z https://www.congress.gov/bill/107th-congress/senate-bill/3133
107-s-3126 107 s 3126 Community Development Homeownership Tax Credit Act Taxation 2002-10-16 2002-10-16 Read twice and referred to the Committee on Finance. Senate Sen. Kerry, John F. [D-MA] MA D K000148 3 Community Development Homeownership Tax Credit Act - Amends the Internal Revenue Code to permit a community homeownership tax credit based upon an applicable percentage of each qualified residence's eligible basis.Makes such credit available to residences located: (1) in a census tract with a median gross income not exceeding 80 percent of the greater area or statewide median gross income; (2) in a rural area; (3) on an Indian reservation; or (4) in an area of chronic economic distress. Prohibits a buyer's income from exceeding 80 percent (70 percent for families of less than three) of the area gross median income and requires owner occupancy.Specifies that the aggregate homeownership credit dollar amount which a homeownership credit agency (an "agency") may disburse is the portion of the "State homeownership credit ceiling" (the "ceiling") allocated to such agency. Allows "unused homeownership credit carryovers" to be allocated among qualified States. Sets aside up to 90 percent of a State's ceiling for certain housing projects in which a qualified nonprofit organization owns an interest and materially participates in the given project's development and operation throughout the credit period.Requires allocation of credit to residences to be in accordance with a "qualified allocation plan" of the agency issuing credit. Lists certain specified criteria such a plan must include and specifies that the plan must be approved by the governmental unit of which such agency is a part. 2025-08-19T17:31:32Z https://www.congress.gov/bill/107th-congress/senate-bill/3126
107-s-3112 107 s 3112 Telecommunications Ownership Diversification Act of 2002 Taxation 2002-10-15 2002-10-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10447-10449) Senate Sen. McCain, John [R-AZ] AZ R M000303 0 Telecommunications Ownership Diversification Act of 2002 - Amends the Internal Revenue Code to provide for the nonrecognition of certain gain on the sale of a telecommunications business to an eligible purchaser meeting certain requirements, including requiring that such purchaser be an economically and socially disadvantaged business.Allows a limited credit for a taxpayer that at all times during that taxable year: (1) is a local exchange carrier; (2) is not a Bell operating company; and (3) is headquartered in an area designated as an empowerment zone.Excludes from gross income 50 percent of any gain from the sale or exchange of stock in an eligible purchaser that is an economically and socially disadvantaged business.Directs the Comptroller General to audit and report on the effect of the amendments of this Act. 2025-08-19T17:29:21Z https://www.congress.gov/bill/107th-congress/senate-bill/3112
107-s-3113 107 s 3113 A bill to amend the Internal Revenue Code of 1986 to provide additional choice regarding unused health benefits in cafeteria plans and flexible spending arrangements. Taxation 2002-10-15 2002-10-15 Read twice and referred to the Committee on Finance. Senate Sen. Ensign, John [R-NV] NV R E000194 0 Amends the Internal Revenue Code to set forth that a plan or other arrangement shall not cease to count as a cafeteria plan solely because qualified benefits under such plan include a health flexible spending arrangement under which not more than $500 of unused health benefits may be carried forward to the next year or paid as compensation. Sets forth rules for determining whether or not such benefits shall be included or excluded from income. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/3113
107-s-3097 107 s 3097 MEGA Innovate Taxation 2002-10-10 2002-10-10 Read twice and referred to the Committee on Finance. Senate Sen. Baucus, Max [D-MT] MT D B000243 1 Maximum Economic Growth for America Through Innovative Finance Act or MEGA - Amends the Internal Revenue Code to allow a limited credit to a taxpayer holding a qualified highway bond. Limits the amount of such bonds which may be issued. 2025-08-19T17:32:28Z https://www.congress.gov/bill/107th-congress/senate-bill/3097
107-s-3072 107 s 3072 A bill to amend the Internal Revenue Code of 1986 to make inapplicable the 10 percent additional tax on early distributions from certain pension plans of public safety employees. Taxation 2002-10-08 2002-10-08 Read twice and referred to the Committee on Finance. Senate Sen. Inhofe, James M. [R-OK] OK R I000024 0 Amends the Internal Revenue Code to make the 10 percent additional tax on early distributions of pension plans inapplicable in the case of a "qualified public safety employee" receiving a specified type of benefit (DROP benefit) from a governmental pension plan. Defines "qualified public safety employee." 2025-04-07T13:37:09Z https://www.congress.gov/bill/107th-congress/senate-bill/3072
107-s-3081 107 s 3081 A bill to amend the Internal Revenue Code of 1986 to suspend the tax-exempt status of designated terrorist organizations, and for other purposes. Taxation 2002-10-08 2002-10-08 Read twice and referred to the Committee on Finance. Senate Sen. Johnson, Tim [D-SD] SD D J000177 2 Amends the Internal Revenue Code to: (1) suspend the tax-exempt status of an organization designated by an Executive order as a terrorist organization; (2) prohibit taking a deduction for a contribution to any such organization; (3) prohibit challenging such a suspension or denial in any administrative or judicial proceeding relating to Federal tax liability; and (4) provide any credit or refund due (with interest), in the case of an erroneous designation. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/3081
107-s-3082 107 s 3082 A bill to suspend tax-exempt status of designated terrorist organizations. Taxation 2002-10-08 2002-10-08 Read twice and referred to the Committee on Finance. Senate Sen. Grassley, Chuck [R-IA] IA R G000386 1 See summary of: S. 3081 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/3082
107-s-3065 107 s 3065 A bill to provide exceptions to empowerment zone eligibility criteria. Taxation 2002-10-07 2002-10-07 Read twice and referred to the Committee on Finance. Senate Sen. Hutchinson, Tim [R-AR] AR R H001015 2 States that: (1) empowerment zones in Pulaski County, Arkansas, Oklahoma City, Oklahoma, and Yonkers, New York, shall not include any portion of a central business district (as such term is used for purposes of the most recent Census of Retail Trade) unless the poverty rate for each population census tract in such district is not less than 25 percent; and (2) such exemption shall be considered to have taken affect when the area was designated as an empowerment zone by the Secretary of Housing and Urban Development. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/3065
107-s-3007 107 s 3007 Servicemembers' Tax Assistance for Noteworthy (STAND) Act Taxation 2002-09-26 2002-09-26 Read twice and referred to the Committee on Finance. Senate Sen. Dayton, Mark [D-MN] MN D D000596 1 Amends the Internal Revenue Code to exclude from gross income compensation for "covered service" in the U.S. military. Defines "covered service" as service outside the United States in a permanent change of station for which travel, transportation, and housing of dependents at Government expense would generally not be authorized under policies of the Secretary concerned, except in the case of service in such an assignment for which such travel, transportation, and housing is actually authorized as an exception to the applicable policy.Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend customs user fees through October 31, 2008. 2025-08-19T17:31:34Z https://www.congress.gov/bill/107th-congress/senate-bill/3007
107-s-3012 107 s 3012 A bill to amend the Internal Revenue Code of 1986 to exclude from income and employment taxes and wage witholding property tax rebates and other benefits provided to volunteer firefighters and emergency medical responders. Taxation 2002-09-26 2002-09-26 Read twice and referred to the Committee on Finance. Senate Sen. Dodd, Christopher J. [D-CT] CT D D000388 1 Amends the Internal Revenue Code to exclude from income and employment taxes and wage withholding a rebate of real or personal property taxes, or any other benefit, provided by a State or political subdivision on account of services performed as a member of a qualified volunteer emergency response organization. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/3012
107-s-2994 107 s 2994 Estate Tax Repeal Acceleration (ExTRA) For Family-Owned Businesses and Farms Act Taxation 2002-09-24 2002-09-24 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9119-9121) Senate Sen. Lincoln, Blanche L. [D-AR] AR D L000035 0 Estate Tax Repeal Acceleration (ExTRA) for Family-Owned Businesses and Farms Act - Amends estate tax provisions of the Internal Revenue Code to repeal section 2057 (Family-Owned Business Interests). Allows for purposes of such tax, in the case of an electing estate of a decedent with specified carryover business interests, the taxable estate value to be determined by deducting from the value of the gross estate the adjusted value of such carryover business interests of the decedent. Provides for the treatment of carryover business interests and spousal property. 2025-08-19T17:30:54Z https://www.congress.gov/bill/107th-congress/senate-bill/2994
107-s-2944 107 s 2944 A bill to amend the Internal Revenue Code of 1986 to extend Superfund, oil spill liability, and leaking underground storage tank taxes. Taxation 2002-09-17 2002-09-17 Read twice and referred to the Committee on Finance. Senate Sen. Baucus, Max [D-MT] MT D B000243 0 Amends the Internal Revenue Code by: (1) reinstating the Hazardous Substance Superfund financing rate until October 1, 2012; (2) reinstating the Oil Spill Liability Trust Fund financing rate until October 1, 2012 and by prohibiting imposition of such rate if the unobligated balance in such Fund exceeds $5 (previously, $1) billion; (3) extending the Leaking Underground Storage Tank Trust Fund financing rate until October 1, 2012; and (4) reinstating the Corporate Environmental Income Tax until January 1, 2012. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2944
107-s-2916 107 s 2916 Tuition Assistance for Families Act Taxation 2002-09-09 2002-09-09 Read twice and referred to the Committee on Finance. Senate Sen. Biden, Joseph R., Jr. [D-DE] DE D B000444 0 Tuition Assistance for Families Act - Amends the Internal Revenue Code to expand the tax deduction for qualified higher education tuition and related expenses. Sets such deduction at: (1) $12,000 for those with incomes up to $65,000 single or $130,000 joint; and (2) $2,000 for those whose incomes are above that level, but not more than $80,000 single or $160,000 joint. Provides inflation adjustment. Makes such tuition deduction permanent.Increases the amount of the Lifetime Learning tax credit percentage from 20 to 25 percent. Increases the amount of education expenses subject to such credit from $10,000 to $12,000 (thus making the maximum allowable credit $3,000, rather than the current $2,000). Provides inflation adjustment.Raises annual income limits for the Hope and Lifetime Learning tax credits to $55,000 single and $110,000 joint.Amends the Department of Education Appropriations Act, 2002 (Public Law 107-116) to increase the maximum Pell Grant award from $4,000 to $4,500.Establishes an academic achievement scholarship program. Authorizes the Secretary of Education to award a $1,000 college scholarship to each student in a State who graduates in the top five percent of his or her secondary school's graduating class. 2025-08-19T17:30:34Z https://www.congress.gov/bill/107th-congress/senate-bill/2916
107-s-2905 107 s 2905 A bill to repeal the sunset of the Economic Growth and Tax Relief Reconciliation Act of 2001 with respect to the elimination of the 60-month limit and an increase in the income limitation on the student loan interest deduction. Taxation 2002-09-05 2002-09-05 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8303) Senate Sen. Allard, Wayne [R-CO] CO R A000109 0 Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to repeal provisions which sunset the elimination of the 60-month limit, and an increase in the income limitation, on the student loan interest deduction. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2905
107-s-2909 107 s 2909 College Tuition Relief Act of 2002 Taxation 2002-09-05 2002-09-05 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8307) Senate Sen. Smith, Gordon H. [R-OR] OR R S001142 0 College Tuition Relief Act of 2002 - Amends the Internal Revenue Code and the Economic Growth and Tax Relief Reconciliation Act of 2001 to make permanent the: (1) deduction for qualified tuition and expenses; and (2) exclusion from gross income of employer provided educational assistance. 2025-08-19T17:29:26Z https://www.congress.gov/bill/107th-congress/senate-bill/2909
107-s-2911 107 s 2911 A bill to repeal the sunset of the Economic Growth and Tax Relief Reconciliation Act of 2001 with respect to the modifications to education individual retirement accounts. Taxation 2002-09-05 2002-09-05 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8307) Senate Sen. Hutchinson, Tim [R-AR] AR R H001015 10 Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to repeal the applicability of sunset provisions to section 401 (Modifications to Education Individual Retirement Accounts). 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2911
107-s-2837 107 s 2837 A bill to amend the Internal Revenue Code of 1986 to allow businesses to qualify as renewal community businesses if such businesses employ residents of certain other renewal communities. Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Landrieu, Mary L. [D-LA] LA D L000550 0 Amends the Internal Revenue Code to allow business entities and proprietorships to meet the employment qualifications for being renewal community businesses by employing residents of adjacent or the next closest renewal communities. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2837
107-s-2844 107 s 2844 Incentives to Educate American Children (I Teach) Act of 2002 Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Rockefeller, John D., IV [D-WV] WV D R000361 3 Incentives to Educate American Children (I Teach) Act of 2002 - Amends the Internal Revenue Code to permit a tax credit of $1,000 for: (1) teachers in public elementary or secondary schools or public kindergartens in rural areas or areas with high poverty; and (2) teachers certified by the National Board for Professional Teaching Standards. Grants a credit of $2,000 for a teacher meeting both criteria. 2025-08-19T17:28:15Z https://www.congress.gov/bill/107th-congress/senate-bill/2844
107-s-2851 107 s 2851 A bill to amend the Internal Revenue Code of 1986 to increase the deduction for qualified higher education expenses to $10,000, and for other purposes. Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Torricelli, Robert G. [D-NJ] NJ D T000317 0 Amends the Internal Revenue Code to change the permitted deduction for qualified higher education tuition and related expenses to: (1) $10,000 in the case of a taxpayer whose adjusted gross income is $65,000 or less ($130,000 in the case of a joint return); and (2) $5,000 in the case of a taxpayer earning above $65,000 up through $80,000 ($160,000 in the case of a joint return).Applies this Act to payments made after December 31, 2001 (present law allows deductions of between $2,000 to $4,000 through 2005). 2025-04-07T13:37:09Z https://www.congress.gov/bill/107th-congress/senate-bill/2851
107-s-2852 107 s 2852 A bill to amend the Internal Revenue Code of 1986 to provide for employee benefits for work site employees of certain corporations operating on a cooperative basis. Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Torricelli, Robert G. [D-NJ] NJ D T000317 0 Amends the Internal Revenue Code to state that employee benefit plans maintained by cooperative employing units shall be treated as single employer plans. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2852
107-s-2881 107 s 2881 A bill to amend the Internal Revenue Code of 1986 to exclude from income amounts received by an employee from an employer as assistance towards the purchase of a principal residence. Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Harkin, Tom [D-IA] IA D H000206 0 Amends the Internal Revenue Code to exclude from an eligible employee's gross income amounts paid or incurred by the employer of such employee as part of a homeownership assistance program meeting specified criteria. Sets as a maximum exclusion for one eligible employee an amount equal to 10 percent of the maximum principal obligation for a mortgage insured under the National Housing Act with respect to the residence purchased.Limits participation to first-time homebuyers with incomes below specified levels.Prohibits the exclusion for employees buying residences with prices in excess of 90 percent of the maximum principal obligation for a mortgage insured under the National Housing Act with respect to the residence.Reduces the basis in a residence by the amount of the exclusion. 2026-02-10T13:37:26Z https://www.congress.gov/bill/107th-congress/senate-bill/2881
107-s-2882 107 s 2882 A bill to amend the Internal Revenue Code of 1986 to modify the tax credit for holders of qualified zone academy bonds. Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Conrad, Kent [D-ND] ND D C000705 3 Amends the Internal Revenue Code to include construction as a "qualified purpose" for the spending of a "qualified zone academy bond" (95 percent of such bond proceeds must be spent on a "qualified purpose").Allows the credit retained by a regulated investment company for its holding of a zone academy bond to be distributed to the company's shareholders. Permits such credits to be stripped. 2026-02-10T13:37:26Z https://www.congress.gov/bill/107th-congress/senate-bill/2882
107-s-2886 107 s 2886 Houses of Worship Political Speech Protection Act Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Smith, Bob [R-NH] NH R S000606 2 Houses of Worship Political Speech Protection Act - Amends the Internal Revenue Code to permit a church to participate or intervene in a political campaign and maintain its tax-exempt status as long as such participation is not a substantial part of its activities.Prohibits anything in this Act from being construed to permit any disbursements for electioneering communications which are impermissible under the Federal Election Campaign Act of 1971. 2026-02-10T13:37:26Z https://www.congress.gov/bill/107th-congress/senate-bill/2886
107-s-2889 107 s 2889 Securing Access, Value, and Equality in Health Care Act Taxation 2002-08-01 2002-08-01 Read twice and referred to the Committee on Finance. Senate Sen. Hutchinson, Tim [R-AR] AR R H001015 0 Securing Access, Value, and Equality in Health Care Act - Amends the Internal Revenue Code to allow an individual a tax credit in an amount equal to the amount paid for qualified health insurance, subject to stated limitations. Requires persons who receive payments for health insurance coverage of an individual to make certain information returns. Directs the Secretary of the Treasury to make advance payments to the provider of an individual's qualified health insurance equal to the Secretary's estimate of the amount of credit allowable for the eligible individual. 2025-08-19T17:30:22Z https://www.congress.gov/bill/107th-congress/senate-bill/2889
107-s-2827 107 s 2827 Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2002 Taxation 2002-07-31 2002-07-31 Read twice and referred to the Committee on Finance. Senate Sen. Torricelli, Robert G. [D-NJ] NJ D T000317 0 Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2002- Amends the Internal Revenue Code to consider a qualified termination payment received from an insurance company by a former insurance salesman for such company as a sale or exchange of a capital asset held for more than 12 months. 2025-08-19T17:32:05Z https://www.congress.gov/bill/107th-congress/senate-bill/2827
107-s-2824 107 s 2824 A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of single sum deferred compensation payments received by survivors of terrorist attack victims. Taxation 2002-07-30 2002-07-30 Read twice and referred to the Committee on Finance. Senate Sen. Kerry, John F. [D-MA] MA D K000148 1 Amends the Internal Revenue Code to set a specified limit on single sum deferred compensation payments received by survivors of terrorist attack victims. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2824
107-s-2825 107 s 2825 A bill to amend the Internal Revenue Code of 1986 to allow a nonrefundable tax credit for contributions to congressional candidates. Taxation 2002-07-30 2002-07-30 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7583) Senate Sen. Dorgan, Byron L. [D-ND] ND D D000432 1 Amends the Internal Revenue Code to allow a nonrefundable tax credit for individuals of up to $200 ($400 for a joint return) of the value of an individual's total political contributions to congressional candidates. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2825
107-s-2812 107 s 2812 A bill to fully enforce guidance on single sum distributions from cash balance plans, and for other purposes. Taxation 2002-07-29 2002-07-29 Read twice and referred to the Committee on Finance. Senate Sen. Harkin, Tom [D-IA] IA D H000206 0 Prohibits the Internal Revenue Service from using any appropriated funds for any activity that contravenes IRS Notice 96-8 (issued January 18, 1996) or specified provisions of the Internal Revenue Code, the Employee Retirement Income Security Act of 1974, or the Age Discrimination in Employment Act of 1967 concerning single sum distributions from cash balance plans. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2812
107-s-2816 107 s 2816 Foreign and Armed Services Tax Fairness Act of 2002 Taxation 2002-07-29 2002-07-29 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7499-7500) Senate Sen. Baucus, Max [D-MT] MT D B000243 22 Foreign and Armed Forces Tax Fairness Act of 2002 - Amends the Internal Revenue Code to: (1) restore the full exclusion from gross income of the death gratuity payment; (2) permit a suspension of residency rules governing the exclusion of gain from sale of a principal residence for members of the uniformed services or the Foreign Service serving on qualified official extended duty; (3) exclude from gross income qualified military base realignment and closure fringe benefits; (4) extend tax filing delay provisions to military personnel serving in contingency operations; (5) allow as a business or trade deduction the expenses of a member of the reserve component of the U.S. armed forces in connection with such service (available to itemizers and non-itemizers); (6) include ancestors and lineal descendants of past or present members of the armed forces when determining whether a veterans' organization is exempt from tax; and (7) fully exclude from gross income certain dependent care assistance programs sponsored by the Department of Defense. 2025-08-19T17:32:14Z https://www.congress.gov/bill/107th-congress/senate-bill/2816
107-s-2802 107 s 2802 Military Families Tax Fairness Act Taxation 2002-07-26 2002-07-26 Read twice and referred to the Committee on Finance. Senate Sen. Cleland, Max [D-GA] GA D C001034 0 Military Families Tax Fairness Act - Amends the Internal Revenue Code to: (1) exclude education loan repayments made by the Federal government for a member of the Armed Forces from gross income; (2) allow as a business or trade deduction the expenses of a member of the reserve component of the U.S. armed forces in connection with such service (available to itemizers and non-itemizers); (3) allow a reserve component employment credit equal to 50 percent of the amount of qualified compensation, including those who are self-employed; (4) permit a suspension of residency rules governing the exclusion of gain from sale of a principal residence for members of the uniformed services, the Foreign Service, or civilian employee of the Department of Defense serving on qualified official extended duty; and (5) exclude qualified military base realignment and closure fringe benefits from gross income. 2025-08-19T17:28:26Z https://www.congress.gov/bill/107th-congress/senate-bill/2802
107-s-2806 107 s 2806 A bill to provide that members of the Armed Forces performing services on the Island of Diego Garcia shall be entitled to tax benefits in the same manner as if such services were performed in a combat zone, and for other purposes. Taxation 2002-07-26 2002-07-26 Read twice and referred to the Committee on Finance. Senate Sen. Landrieu, Mary L. [D-LA] LA D L000550 0 Extends the tax benefits available under the Internal Revenue Code for services performed in a combat zone to active duty performed by a member of the U.S. armed forces on the Island of Diego Garcia. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2806
107-s-2807 107 s 2807 A bill to amend the Internal Revenue Code of 1986 to clarify the treatment of dependent care assistance programs sponsored by the Department of Defense for members of the Armed Forces of the United States. Taxation 2002-07-26 2002-10-04 Sponsor introductory remarks on measure. (CR S9978) Senate Sen. Landrieu, Mary L. [D-LA] LA D L000550 0 Amends the Internal Revenue Code to fully exclude from gross income certain dependent care assistance programs sponsored by the Department of Defense for members of the Armed Forces. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2807
107-s-2777 107 s 2777 Permanent Tax Relief for School Construction Act Taxation 2002-07-24 2002-07-24 Read twice and referred to the Committee on Finance. Senate Sen. Craig, Larry E. [R-ID] ID R C000858 2 Permanent Tax Relief for School Construction Act - Makes the sunset provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to provisions of such Act relating to treatment of qualified public educational facility bonds as exempt facility bonds, thus making such provisions permanent. 2025-08-19T17:29:23Z https://www.congress.gov/bill/107th-congress/senate-bill/2777
107-s-2785 107 s 2785 Armed Forces Filing Fairness Act of 2002 Taxation 2002-07-24 2002-07-24 Read twice and referred to the Committee on Finance. Senate Sen. Johnson, Tim [D-SD] SD D J000177 1 Armed Forces Filing Fairness Act of 2002 - Amends the Internal Revenue Code to apply the tax filing delay provisions to military personnel serving in contingency operations. 2025-08-19T17:31:42Z https://www.congress.gov/bill/107th-congress/senate-bill/2785
107-s-2787 107 s 2787 U.S. Port Opportunity and Revitalizing Trade Act Taxation 2002-07-24 2002-07-24 Read twice and referred to the Committee on Finance. Senate Sen. Murray, Patty [D-WA] WA D M001111 1 U.S. Port Opportunity and Revitalizing Trade Act - Amends the Internal Revenue Code to exempt certain ports located near foreign international container ports from the harbor maintenance tax. 2025-08-19T17:30:56Z https://www.congress.gov/bill/107th-congress/senate-bill/2787
107-s-2789 107 s 2789 A bill to expand the eligibility for membership in veterans organizations. Taxation 2002-07-24 2002-07-24 Read twice and referred to the Committee on Finance. Senate Sen. Harkin, Tom [D-IA] IA D H000206 0 Amends the Internal Revenue Code to provide that ancestors and lineal descendants of past or present members of the armed forces shall be taken into account in determining whether a veterans' organization is exempt from tax. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2789
107-s-2769 107 s 2769 A bill to amend the Internal Revenue Code of 1986 to prevent the continued use of renouncing United States citizenship as a device for avoiding United States taxes. Taxation 2002-07-22 2002-07-22 Read twice and referred to the Committee on Finance. Senate Sen. Harkin, Tom [D-IA] IA D H000206 1 Amends the Internal Revenue Code to establish that all property of "covered expatriates" shall be treated as sold on the day before the "expatriation date" for its fair market value, and that gain and loss shall be taken into account for the taxable year of the sale (with proper subsequent adjustment). Defines "expatriate" and "expatriation date."Permits an individual to make an irrevocable decision to defer the additional tax attributable to such property provided that adequate security is furnished and that the individual waives any rights under treaties of the United States that would preclude assessment or collection of relevant tax.Excludes certain "United States real property interests" and interest in certain retirement plans from counting as sold under this Act. Establishes special rules applicable to "covered expatriates'" interests in trusts and qualified trusts, including a tax in instances of the latter. Sets forth that such tax shall be replaced by another tax under certain delineated conditions, including if a trust ceases to be a qualified trust.Imposes a tax on "covered gifts and bequests" of more than $10,000 from expatriates to American citizens and residents, with certain specified exceptions. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2769
107-s-2761 107 s 2761 A bill to amend the Internal Revenue Code of 1986 to provide that reimbursements for costs of using passenger automobiles for charitable and other organizations are excluded from gross income, and for other proposes. Taxation 2002-07-19 2002-07-19 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7107) Senate Sen. Feingold, Russell D. [D-WI] WI D F000061 1 Amends the Internal Revenue Code to exclude from gross income amounts received from a charitable organization as reimbursement for the operating expenses of a passenger automobile utilized for the benefit of such organization, with exceptions.Amends Federal law to revise provisions allowing the Secretary of the Treasury to impose a civil penalty for any violation of a provision regarding records and reports on foreign financial agency transactions (present law allows a penalty only for willful violations). 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2761
107-s-2762 107 s 2762 A bill to amend the Internal Revenue Code of 1986 to provide involuntary conversion tax relief for producers forced to sell livestock due to weather-related conditions or Federal land management agency policy or action, and for other purposes. Taxation 2002-07-19 2002-07-19 Read twice and referred to the Committee on Finance. Senate Sen. Thomas, Craig [R-WY] WY R T000162 11 Amends the Internal Revenue Code to allow farmers to delay the inclusion in income of the amount earned from the sale of excess livestock due to Federal land management policy or action or to severe weather conditions until the year following two years in which the condition does not exist (present law allows for inclusion of such income in the year following a year of severe weather).Sets forth new rules for drought designations. Modifies rules for replacement of involuntarily converted livestock, including to prescribe that an heir to an estate may replace such property within the required time frame. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2762
107-s-2732 107 s 2732 Child Support Enforcement Act Taxation 2002-07-16 2002-07-16 Read twice and referred to the Committee on Finance. Senate Sen. Boxer, Barbara [D-CA] CA D B000711 1 Child Support Enforcement Act - Amends the Internal Revenue Code (relating to the deduction for bad debts) to allow a custodial parent to claim unpaid child support payments as a deduction.Bars a delinquent debtor from filing an amended return in any subsequent year to reflect the subsequent payment of unpaid child support.Includes unpaid child support in the gross income of the delinquent debtor.Precludes taxpayer information regarding child support payments from serving as a basis for selecting an individual's tax return for general audit. 2025-08-19T17:28:16Z https://www.congress.gov/bill/107th-congress/senate-bill/2732
107-s-2733 107 s 2733 Secure Retirement for America Act Taxation 2002-07-16 2002-07-16 Read twice and referred to the Committee on Finance. Senate Sen. Bingaman, Jeff [D-NM] NM D B000468 0 Retirement Security for All Americans Act - Amends the Internal Revenue Code to permit a tax credit for an applicable percentage of up to $2,000 in retirement savings contributions of an individual. Excludes dependents and full-time students from being eligible for the credit, and reduces the amount considered for the credit by the amount of certain distributions received by an individual.Repeals the nonrefundable credit for elective deferrals and IRA contributions.Imposes a tax on any failure by an employer that does not have a qualified plan or arrangement for a calendar year to permit its employees access to salary reduction contributions to individual retirement plans. Makes an exception for certain small employers. Permits a tax credit for small employers that maintain salary reduction arrangements.Allows a tax credit for a duration of three years for pension plan contributions of small employers. 2025-08-19T17:33:13Z https://www.congress.gov/bill/107th-congress/senate-bill/2733
107-s-2726 107 s 2726 A bill to treat certain motor dealer transitional assistance as an involuntary conversion, and for other purposes. Taxation 2002-07-12 2002-07-12 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6708) Senate Sen. Bingaman, Jeff [D-NM] NM D B000468 5 Treats certain motor vehicle dealer transitional assistance as an involuntary conversion for Internal Revenue Code purposes. 2025-04-07T13:37:09Z https://www.congress.gov/bill/107th-congress/senate-bill/2726
107-s-2722 107 s 2722 Executive Compensation Tax Reform Act of 2002 Taxation 2002-07-11 2002-07-11 Read twice and referred to the Committee on Finance. Senate Sen. Rockefeller, John D., IV [D-WV] WV D R000361 0 Executive Compensation Tax Reform Act of 2002 - Repeals provision of the Revenue Act of 1978 which limits the Secretary of the Treasury's authority to determine the taxable year of inclusion in gross income of amounts under private deferred compensation plans.Amends the Internal Revenue Code to classify a loan by an employer to an employee as compensation unless it meets specified requirements, including that it is evidenced by a promissory note.Subjects the sale or exchange of stock in a corporation by a corporate insider to an excise tax on golden parachute payments if such sale or exchange occurs while the corporation or another entity consolidated with the corporation maintains a transfer-restricted 401(k) plan.Includes in gross income of a corporate insider of an expatriate corporation the net unrealized built-in gain on options held by such insider to acquire stock in the corporation or in any member of the expanded affiliated group which includes the corporation. 2025-08-19T17:29:35Z https://www.congress.gov/bill/107th-congress/senate-bill/2722
107-s-2710 107 s 2710 Small Employer Tax Assistance for Health Coverage Act of 2002 Taxation 2002-07-09 2002-07-09 Read twice and referred to the Committee on Finance. Senate Sen. Clinton, Hillary Rodham [D-NY] NY D C001041 1 Small Employer Tax Assistance for Health Coverage Act of 2002 - Amends the Internal Revenue Code to allow small employers a limited credit for employee health insurance expenses. 2025-08-19T17:29:43Z https://www.congress.gov/bill/107th-congress/senate-bill/2710
107-s-2692 107 s 2692 Round II EZ/EC Flexibility Act of 2002 Taxation 2002-06-27 2002-06-27 Read twice and referred to the Committee on Finance. Senate Sen. Corzine, Jon S. [D-NJ] NJ D C001042 6 Round II EZ/EC Flexibility Act of 2002 - Authorizes appropriations to: (1) the Secretary of Housing and Urban Development for specified urban empowerment zones; and (2) the Secretary of Agriculture for specified rural empowerment zones and rural enterprise communities. Permits: (1) use of such funds for zone or community strategic plan implementation; and (2) use of Federal funds to pay matching fund requirements. 2025-08-19T17:28:15Z https://www.congress.gov/bill/107th-congress/senate-bill/2692
107-s-2693 107 s 2693 Social Security Plus Account (SSPA) Act of 2002 Taxation 2002-06-27 2002-06-27 Read twice and referred to the Committee on Finance. Senate Sen. Dorgan, Byron L. [D-ND] ND D D000432 1 Social Security Plus (SSPA) Account Act of 2002 - Amends the Internal Revenue Code to permit a tax credit for an eligible individual equal to 20 percent of any eligible contributions made to a Social Security Plus Account plus a matching Federal Government contribution. Sets forth the applicable percentages at which the Federal Government will match eligible contributions for various income levels. Classifies the matching contribution as an overpayment of tax which may only be transferred to an SSPA. Specifies minimum and maximum eligible contribution amounts for various income levels, along with a cost-of-living adjustment for the latter figure.Prohibits contributions to an SSPA on behalf of any individual over 70 and 1/2 years of age. Prohibits any deduction for retirement savings with respect to an eligible contribution or a matching contribution to an SSPA. Allows qualified rollover contributions. 2025-08-19T17:32:47Z https://www.congress.gov/bill/107th-congress/senate-bill/2693
107-s-2699 107 s 2699 America's Better Classroom Act of 2002 Taxation 2002-06-27 2002-06-27 Read twice and referred to the Committee on Finance. Senate Sen. Rockefeller, John D., IV [D-WV] WV D R000361 0 America's Better Classroom Act of 2002 - Amends the Internal Revenue Code to establish a limited credit for qualified public school modernization bonds (qualified school construction bonds and qualified zone academy bonds).Amends the General Education Provisions Act to provide for the application of certain labor standards to projects financed under this Act.Amends the Workforce Investment Act of 1998 to establish provisions concerning employment and training activities related to the construction or reconstruction of public school facilities. 2025-08-19T17:29:29Z https://www.congress.gov/bill/107th-congress/senate-bill/2699
107-s-2683 107 s 2683 A bill to amend the Internal Revenue Code of 1986 to clarify that church employees are eligible for the exclusion for qualified tuition reduction programs of charitable educational organizations. Taxation 2002-06-26 2002-06-26 Read twice and referred to the Committee on Finance. Senate Sen. Hutchinson, Tim [R-AR] AR R H001015 2 Amends the Internal Revenue Code to specify that church employees and persons treated as church employees under the Code are eligible for the exclusion for qualified tuition reduction programs of charitable educational organizations. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2683
107-s-2676 107 s 2676 Foreign Tax Credit Improvement Act of 2002 Taxation 2002-06-25 2002-06-25 Read twice and referred to the Committee on Finance. Senate Sen. Torricelli, Robert G. [D-NJ] NJ D T000317 1 Foreign Tax Credit Improvement Act of 2002 - Amends the Internal Revenue Code to allow for a ten-year foreign tax credit carryforward.Revises the application of look-thru rules to dividends from noncontrolled section 902 corporations. 2025-08-19T17:31:15Z https://www.congress.gov/bill/107th-congress/senate-bill/2676
107-s-2678 107 s 2678 MEGA Trust Act Taxation 2002-06-25 2002-06-25 Read twice and referred to the Committee on Finance. Senate Sen. Baucus, Max [D-MT] MT D B000243 13 Maximum Economic Growth for America Through the Highway Trust Fund Act (or MEGA Trust Act) - Amends the Internal Revenue Code to transfer all excise taxes imposed on alcohol fuels to the Highway Trust Fund (the "Fund").Authorizes the transfer to the Fund from the general fund of the Treasury of the amount of money equal to the untaxed portion of gasohol containing ethanol, effective with respect to the removal or entry of any mixture after September 30, 2003.Eliminates provision of Code stating that obligations of the Fund shall not be interest bearing, thus allowing the Fund to earn interest, effective with respect to obligations held by the Fund after September 30, 2003.Extends various highway-related taxes, floor stock refunds, certain tax-free sales, exemption from tax for use of highway vehicles by States and local governments and for use of certain transit-type buses, deposits into and certain specified transfers from the Fund, transfers from the Fund for motorboat fuel taxes and small-engine fuel taxes, and refunds of certain specified funds from the land and water conservation fund into the general fund.Establishes a National Surface Transportation Infrastructure Financing Commission (the "Commission"). Permits any department or agency to detail personnel to the Commission, and requires such bodies to furnish nonconfidential materials to the Commission upon request. 2025-08-19T17:28:19Z https://www.congress.gov/bill/107th-congress/senate-bill/2678
107-s-2666 107 s 2666 A bill to amend the Internal Revenue Code of 1986 to allow small business employers a credit against income tax for employee health insurance expenses paid or incurred by the employer. Taxation 2002-06-21 2002-06-21 Read twice and referred to the Committee on Finance. Senate Sen. Durbin, Richard J. [D-IL] IL D D000563 1 Amends the Internal Revenue Code to allow small business employers a credit against income tax for employee health insurance expenses the employer pays or incurs.Sets forth formula for deriving amount of credit.Specifies that no amount paid or incurred for health insurance coverage pursuant to a salary reduction arrangement shall be taken into account for purposes of determining the credit.Limits such credit to expenses paid for employees whose total annual wages exceed $5,000 but not $25,000, indexed for inflation. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2666
107-s-2654 107 s 2654 A bill to amend the Internal Revenue Code of 1986 to exclude from gross income loan payments received under the National Health Service Corps Loan Repayment Program established in the Public Health Service Act. Taxation 2002-06-20 2002-06-20 Read twice and referred to the Committee on Finance. Senate Sen. Cantwell, Maria [D-WA] WA D C000127 17 Amends the Internal Revenue Code to exclude from gross income amounts received after December 31, 2001, as loan repayments under the National Health Service Corps Loan Repayment Program established under the Public Health Service Act. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2654
107-s-2662 107 s 2662 Teacher Tax Relief Act of 2002 Taxation 2002-06-20 2002-06-20 Read twice and referred to the Committee on Finance. Senate Sen. Collins, Susan M. [R-ME] ME R C001035 4 Teacher Tax Relief Act of 2002 - Amends the Internal Revenue Code to increase from $250 to $500 the maximum above-the-line deduction allowed for classroom supply expenses incurred by elementary and secondary school teachers, effective after December 31, 2001. Expands such deduction to include qualified professional development expenses. 2025-08-19T17:31:51Z https://www.congress.gov/bill/107th-congress/senate-bill/2662
107-s-2643 107 s 2643 A bill to repeal the sunset of the Economic Growth and Tax Relief Reconciliation Act of 2001 with respect to the expansion of the adoption credit and adoption assistance programs. Taxation 2002-06-19 2002-06-19 Read twice and referred to the Committee on Finance. Senate Sen. Bunning, Jim [R-KY] KY R B001066 1 Makes sunset provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to provisions of such Act relating to expansion of adoption credit and adoption assistance programs, thus making the latter provisions permanent. 2025-04-07T13:37:09Z https://www.congress.gov/bill/107th-congress/senate-bill/2643
107-s-2620 107 s 2620 A bill to provide that the marriage penalty relief provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 shall be permanent. Taxation 2002-06-13 2002-06-13 Read twice and referred to the Committee on Finance. Senate Sen. Hutchison, Kay Bailey [R-TX] TX R H001016 1 Makes title IX (relating to sunset provisions) of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to title III (relating to marriage penalty relief) of such Act, thus making title III permanent. 2025-04-07T13:37:55Z https://www.congress.gov/bill/107th-congress/senate-bill/2620
107-s-2596 107 s 2596 Toxic Clean-up Polluter Pays Renewal Act Taxation 2002-06-06 2002-06-11 Sponsor introductory remarks on measure. (CR S5320-5323) Senate Sen. Boxer, Barbara [D-CA] CA D B000711 20 Toxic Clean-up Polluter Pays Renewal Act - Amends the Internal Revenue Code by reinstating the Hazardous Substance Superfund financing rate until January 1, 2013, and reinstating the Corporate Environmental Income Tax until January 1, 2013. 2025-08-19T17:29:01Z https://www.congress.gov/bill/107th-congress/senate-bill/2596
107-s-2577 107 s 2577 Holocaust Restitution Tax Fairness Act of 2002 Taxation 2002-06-04 2002-11-22 Held at the desk. Senate Sen. Fitzgerald, Peter [R-IL] IL R F000442 17 Holocaust Restitution Tax Fairness Act of 2002 - Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 (Public Law 107-16) to make the sunset provisions inapplicable to section 803, which excluded from income, under the Internal Revenue Code, specified restitution payments received by persons (or heirs) persecuted by Nazi Germany, its allied or controlled countries, or any other Axis regime because of race, religion, physical or mental disability, or sexual orientation. 2026-02-10T13:37:26Z https://www.congress.gov/bill/107th-congress/senate-bill/2577
107-s-2498 107 s 2498 Tax Shelter Transparency Act Taxation 2002-05-09 2002-06-28 Placed on Senate Legislative Calendar under General Orders. Calendar No. 466. Senate Sen. Baucus, Max [D-MT] MT D B000243 3 Tax Shelter Transparency Act - Title I: Tax Shelter Transparency Requirements - Amends the Internal Revenue Code to prescribe a civil penalty of $50,000 for a failure to include on any return or statement certain specified information required about a "reportable transaction." Defines "reportable transaction" as any transaction with respect to which the Code requires a return or statement because the Secretary of the Treasury determines it has a potential for tax avoidance or evasion. Prescribes a civil penalty of $100,000 in cases involving a "listed transaction," defined as a reportable transaction which is the same as, or similar to, a transaction identified by the Secretary as a tax avoidance transaction under the Code.Doubles the reporting penalty if the offender is a "large entity" or a "high net worth individual." Defines "large entity" as an entity with gross receipts in excess of $10 million. Defines a "high net worth individual" as a natural person whose net worth exceeds $2 million immediately before the transaction. Permits the Commissioner of Internal Revenue to rescind all or any part of a reporting penalty for a non-listed reportable transaction under certain specified circumstances. Allows the Commissioner to delegate authority for rescinding only to the head of the Office of Tax Shelter Analysis. Directs the Commissioner to send in an annual report to Congress a summary of the total number and aggregate amount of penalties imposed (as well as rescinded) for failure to report required information about listed and other reportable transactions, which shall contain a description of each rescinded penalty with accompanying rationale.Requires any person required to file periodic reports under the Securities Exchange Act of 1934 or who is required to pay a penalty with respect to a reportable transaction to disclose to the Secretary, for such periods as the Secretary may specify, certain civil penalties. Prescribes a civil penalty of $100,000 for a failure to disclose either transgression.(Sec. 102) I… 2025-04-07T13:38:00Z https://www.congress.gov/bill/107th-congress/senate-bill/2498
107-s-2479 107 s 2479 A bill to amend the Internal Revenue Code of 1986 to include in the criteria for selecting any project for the low-income housing credit whether such project has high-speed Internet infrastructure. Taxation 2002-05-08 2002-05-08 Read twice and referred to the Committee on Finance. Senate Sen. Kerry, John F. [D-MA] MA D K000148 1 Amends the Internal Revenue Code to revise the criteria for selecting a project for the low-income housing credit to require such criteria to include infrastructure permitting the use of high-speed Internet technology in each residential unit. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2479
107-s-2486 107 s 2486 Fair Advertising and Increased Research (FAIR) Act Taxation 2002-05-08 2002-07-18 Sponsor introductory remarks on measure. (CR S6968-6969) Senate Sen. Stabenow, Debbie [D-MI] MI D S000770 5 Fair Advertising and Increased Research Act - Amends the Internal Revenue Code to prohibit any drug manufacturer from taking a tax deduction for expenditures relating to the advertising, promoting, or marketing of any FDA prescription drug to the extent the aggregate amount of such expenditures exceeds the manufacturer's aggregate research and development expenditures.Directs the Secretary of the Treasury to estimate amount of additional tax revenues raised by enforcement of the Act, to be allocated to the Federal Hospital Insurance Trust Fund. 2025-08-19T17:28:57Z https://www.congress.gov/bill/107th-congress/senate-bill/2486
107-s-2429 107 s 2429 A bill to amend the Internal Revenue Code of 1986 to allow an above-the-line deduction from certain expenses in connection with the determination, collection, or refund of any tax. Taxation 2002-04-30 2002-04-30 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3572) Senate Sen. Hutchinson, Tim [R-AR] AR R H001015 7 Amends the Internal Revenue Code to permit a deduction from adjusted gross income of up to $500, whether a taxpayer itemizes or not, for certain expenses in connection with the determination, collection, or refund of any tax. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2429
107-s-2339 107 s 2339 Tax Haven and Abusive Tax Shelter Reform Act of 2002 Taxation 2002-04-26 2002-04-26 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3468-3471) Senate Sen. Kerry, John F. [D-MA] MA D K000148 0 Tax Haven and Abusive Tax Shelter Reform Act of 2002 - Amends the Internal Revenue Code to set forth general and special rules defining economic substance.Doubles the penalty for certain tax accuracy related underpayments.Penalizes the promoter of tax avoidance strategies which have no economic substance in an amount equal to 100 percent of the gross income derived.Modifies provisions concerning penalties for aiding and abetting understatement of tax liability, including adding provisions directed specifically at individuals who advise, represent, or procure certain tax shelters failing to meet legal requirements.Revises provisions concerning the failure to maintain lists of investors in potentially abusive tax shelters to set the penalty for certain violations at 50 percent of gross proceeds.Creates a new penalty, the penalty for failure to include tax shelter information with a return.Requires the registration of certain tax shelters without corporate participants.Requires Americans transferring money or property to a tax haven or to a resident of a tax haven to furnish information with respect to the transfer. Permits exceptions. Imposes a financial penalty where an individual fails to provide the information requested by the Secretary.Reduces certain specified tax benefits with respect to income from identified tax havens.Imposes a financial penalty of $5,000, in addition to any other penalty imposed by law, for failing to keep records or file a required report with respect to any foreign financial agency transaction. 2025-08-19T17:29:05Z https://www.congress.gov/bill/107th-congress/senate-bill/2339
107-s-2200 107 s 2200 Clergy Housing Allowance Clarification Act of 2002 Taxation 2002-04-18 2002-04-18 Read twice and referred to the Committee on Finance. Senate Sen. Baucus, Max [D-MT] MT D B000243 13 Clergy Housing Allowance Clarification Act of 2002 - Amends the Internal Revenue Code to specify that the parsonage allowance exclusion from gross income cannot exceed the fair rental value of the home, including furnishings and appurtenances such as a garage, plus the cost of utilities.Sets forth effective date provisions. 2025-08-19T17:29:20Z https://www.congress.gov/bill/107th-congress/senate-bill/2200
107-s-2213 107 s 2213 A bill to amend the Internal Revenue Code of 1986 to exclude from gross income certain overseas pay of members of the Armed Forces of the United States. Taxation 2002-04-18 2002-04-18 Read twice and referred to the Committee on Finance. Senate Sen. Dayton, Mark [D-MN] MN D D000596 7 Amends the Internal Revenue Code to exclude from gross income compensation for "covered service" in the U.S. military. Defines "covered service" as service outside the United States in a permanent change of station for which travel, transportation, and housing of dependents at Government expense would generally not be authorized under policies of the Secretary concerned, except in the case of service in such an assignment for which such travel, transportation, and housing is actually authorized as an exception to the applicable policy. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2213
107-s-2129 107 s 2129 A bill to amend the Internal Revenue Code of 1986 to clarify that any home-based service worker is an employee of the administrator of home-based service worker program funding. Taxation 2002-04-15 2002-04-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2679) Senate Sen. Bingaman, Jeff [D-NM] NM D B000468 0 Amends the Internal Revenue Code (IRC) to include a "qualified home-based worker" within the definition of employee for the purposes of the IRC. Defines "qualified home-based worker" as a worker providing in-home household or personal care services for disabled and elderly individuals under a program which has its funding administered by a State, State agency, or an intermediate services organization. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2129
107-s-2130 107 s 2130 A bill to amend the Internal Revenue Code of 1986 to allow self-employed individuals to deduct health insurance costs in computing self-employment taxes. Taxation 2002-04-15 2002-04-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2679) Senate Sen. Bingaman, Jeff [D-NM] NM D B000468 0 Amends the Internal Revenue Code to allow self-employed individuals to deduct health insurance costs in computing the tax on self-employment income. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2130
107-s-2131 107 s 2131 A bill to amend the Internal Revenue Code of 1986 to adjust the dollar amounts used to calculate the credit for the elderly and the permanently disabled for inflation since 1985. Taxation 2002-04-15 2002-04-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2679) Senate Sen. Bingaman, Jeff [D-NM] NM D B000468 0 Amends the Internal Revenue Code to increase the credit for the elderly and the permanently disabled to adjust for inflation. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2131
107-s-2119 107 s 2119 Reversing the Expatriation of Profits Offshore Act Taxation 2002-04-11 2002-06-28 Placed on Senate Legislative Calendar under General Orders. Calendar No. 465. Senate Sen. Grassley, Chuck [R-IA] IA R G000386 11 Reversing the Expatriation of Profits Offshore Act - Sets forth the following conditions which make a "foreign incorporated entity" (an entity which is or would be treated as foreign under this Act were it not reclassified by this Act) an "inverted domestic corporation" (that is to be treated as a domestic corporation) for purposes of taxation: (1) if such an entity acquires substantially all properties held by a domestic corporation or substantially all of the properties constituting a trade or business of a domestic partnership; (2) after the acquisition, at least 80 percent of the stock (by vote or value) of the foreign incorporated entity is held by former shareholders of the domestic corporation (or by former partners by reason of holding a capital or profits interest in a partnership, with certain exceptions); and (3) if the "expanded affiliated group" (the foreign incorporated entity together with all companies connected to it by a chain of greater than 50 percent ownership) lacks substantial business activities in its country of origin compared to its total activities.Defines an "acquired entity" as a domestic corporation or partnership substantially all of the properties of which are acquired by a foreign incorporated entity, after which more than 50 percent but less than 80 percent of the stock (by vote or value) of the foreign incorporated entity is held by former shareholders (or partners) of the domestic corporation or partnership. Defines "inversion gains" as certain specified income or gain by reason of transfer of stock or other properties by an acquired entity as part of its acquisition by a foreign incorporated entity or by a "foreign related person" (defined as a foreign person who bears any of certain specified relationships with respect to an acquired entity or who is under the same common control as such entity).Sets forth the following rules for inversion gains of acquired entities and party transactions of such entities: (1) to provide as a general rule that taxable income of an acquired e… 2025-04-07T13:38:00Z https://www.congress.gov/bill/107th-congress/senate-bill/2119
107-s-2084 107 s 2084 A bill to amend the Internal Revenue Code of 1986 to clarify the exemption from tax for small property and casualty insurance companies. Taxation 2002-04-10 2002-04-10 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2487) Senate Sen. Bond, Christopher S. [R-MO] MO R B000611 3 Amends Internal Revenue Code provisions concerning tax-exempt insurance companies (other than life insurance companies) to increase from $350,000 to $551,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt. Raises the maximum amount of premiums that may be written annually by an insurance company (other than a life insurance company) to qualify for an alternative tax for small companies. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2084
107-s-2087 107 s 2087 A bill to amend the Internal Revenue Code of 1986 to allow employers a credit against income tax for the provision of independent investment advice to employees. Taxation 2002-04-10 2002-04-10 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2489) Senate Sen. Bingaman, Jeff [D-NM] NM D B000468 1 Amends the Internal Revenue Code to give employers a tax credit of 40% (60% in the case of a small employer) of the qualified independent investment advice services they provide in a taxable year to their employees. Limits to $50 the amount of services which may be taken into account annually per employee per firm and sets an annual maximum limit of $50,000 (when added to such credits allowed for all previous years) per employer.Stipulates that investment advice shall not be considered valid unless such services are offered in a way that does not discriminate in favor of highly compensated employees. 2025-04-07T13:37:30Z https://www.congress.gov/bill/107th-congress/senate-bill/2087
107-s-2078 107 s 2078 A bill to amend section 527 of the Internal Revenue Code of 1986 to eliminate notification and return requirements for State and local political committees and candidate committees and avoid duplicate reporting by certain State and local political committees of information required to be reported and made publicly available under State law, and for other purposes. Taxation 2002-04-09 2002-04-09 Read twice and referred to the Committee on Finance. Senate Sen. Hutchison, Kay Bailey [R-TX] TX R H001016 7 Amends the Internal Revenue Code to exempt State and local committees of candidates and of political parties from specified notification requirements. Exempts certain "exempt State or local political organizations" from specified reporting requirements. Defines "exempt State and local political organizations."Modifies characteristics of political organizations obligated to complete an informational return, such that specified political organizations with $25,000 or more in annual gross receipts must file, as well as "exempt state and local political organizations" with annual gross receipts of $100,000 or more. Directs the Secretary of the Treasury to review the components of such returns. Authorizes the Secretary to waive certain penalties for notification and reporting violations.Obligates political organizations to inform the Secretary whether they plan to seek exemptions from financial or informational returns. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2078
107-s-2047 107 s 2047 Domestic Spirits Tax Equity Act of 2002 Taxation 2002-03-21 2002-03-21 Read twice and referred to the Committee on Finance. Senate Sen. Breaux, John B. [D-LA] LA D B000780 8 Domestic Spirits Tax Equity Act of 2002 - Amends the Internal Revenue Code to allow a distilled spirits wholesaler a distilled spirits wholesalers credit equal to the product of: (1) the number of cases of bottled distilled spirits which were bottled in the United States and which are purchased by such wholesaler during the taxable year directly from the distiller or importer of such spirits; and (2) the average tax-financing cost per case for the most recent calendar year ending before the beginning of such taxable year. 2025-08-19T17:28:39Z https://www.congress.gov/bill/107th-congress/senate-bill/2047
107-s-2050 107 s 2050 A bill to amend the Internal Revenue Code of 1986 to treat nominally foreign corporations created through inversion transactions as domestic corporations. Taxation 2002-03-21 2002-03-21 Read twice and referred to the Committee on Finance. Senate Sen. Wellstone, Paul D. [D-MN] MN D W000288 1 Amends the Internal Revenue Code by treating as domestic corporations foreign corporations created through inversion transactions. Defines "inverted domestic corporation." 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2050
107-s-2022 107 s 2022 Small Business Investment Company Capital Access Act of 2002 Taxation 2002-03-15 2002-03-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1979) Senate Sen. Bond, Christopher S. [R-MO] MO R B000611 2 Small Business Investment Company Capital Access Act of 2002 - Amends the Internal Revenue Code concerning the unrelated business income limitation on investment in certain debt-financed properties to exclude from the definition of "acquisition indebtedness" indebtedness incurred by certain small business companies which is evidenced by specified debentures. 2025-08-19T17:32:16Z https://www.congress.gov/bill/107th-congress/senate-bill/2022
107-s-2023 107 s 2023 A bill to amend the Internal Revenue Code of 1986 to provide for an increase in expensing under section 179. Taxation 2002-03-15 2002-03-15 Read twice and referred to the Committee on Finance. Senate Sen. Collins, Susan M. [R-ME] ME R C001035 3 Amends the Internal Revenue Code by raising the section 179 expensing limitation to $40,000 and the total at which phaseout of maximum benefit begins to $325,000. 2025-04-07T13:37:27Z https://www.congress.gov/bill/107th-congress/senate-bill/2023
107-s-2006 107 s 2006 A bill to amend the Internal Revenue Code of 1986 to clarify the eligibility of certain expenses for the low-income housing credit. Taxation 2002-03-12 2002-03-12 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1784) Senate Sen. Graham, Bob [D-FL] FL D G000352 13 Amends the Internal Revenue Code to include associated development costs in the basis of any building which is part of a low-income housing project when calculating the low-income housing credit. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2006
107-s-2000 107 s 2000 A bill to amend the Internal Revenue Code of 1986 to provide for a special depreciation allowance for certain property acquired after December 31, 2001, and before January 1, 2004. Taxation 2002-03-07 2002-03-07 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1677-1678) Senate Sen. Stabenow, Debbie [D-MI] MI D S000770 0 Amends the Internal Revenue Code to provide for an additional depreciation allowance for "qualified property" acquired after December 31, 2001 and before January 1, 2004. Defines such property. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/2000
107-s-1979 107 s 1979 Energy Tax Incentives Act of 2002 Taxation 2002-03-01 2002-03-01 Placed on Senate Legislative Calendar under General Orders. Calendar No. 320. Senate Sen. Baucus, Max [D-MT] MT D B000243 0 Energy Tax Incentives Act of 2002 - Amends the Internal Revenue Code to extend and modify the renewable electricity production tax credit to include credits for electricity produced from biomass, swine and bovine waste nutrients, geothermal energy, and solar energy.Provides alternative vehicle and fuel incentives, including credits for installation of alternative fueling stations and the retail sale of alternative fuels as motor vehicle fuel, modification of the credit for qualified electric vehicles, extending the deduction for certain refueling property, and allowing the alcohol fuels credit to be transferred and to be used against motor fuels taxes.Sets forth certain conservation and energy efficiency provisions such as credits for the construction of new energy efficient homes, the installation of energy efficient appliances, combined heat and power system properties, and energy efficiency improvements to existing homes. Establishes a three-year recovery period for depreciation of qualified energy management devices.Establishes clean coal incentives, including credits for emission reductions, efficiency improvements in existing coal-based generation facilities, and investment in qualifying advanced clean coal technology.Revises oil and gas provisions, including establishing a credit for the production of oil and gas from marginal wells, permitting the expensing of capital costs incurred in complying with EPA sulfur regulations, establishing an environmental tax credit, extending the marginal production income limit, and treating natural gas distribution lines as 15-year property.Sets forth electric utility restructuring provisions. 2025-08-19T17:29:34Z https://www.congress.gov/bill/107th-congress/senate-bill/1979
107-s-1957 107 s 1957 A bill to amend the Internal Revenue Code of 1986 to provide for additional designations of renewal communities. Taxation 2002-02-15 2002-02-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S898) Senate Sen. Warner, John [R-VA] VA R W000154 1 Amends the Internal Revenue Code to permit the designation of 20 additional nominated areas as renewal communities. 2025-04-07T13:37:34Z https://www.congress.gov/bill/107th-congress/senate-bill/1957
107-s-1962 107 s 1962 Capital Construction Fund Qualified Withdrawal Act of 2002 Taxation 2002-02-15 2002-02-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S908) Senate Sen. Wyden, Ron [D-OR] OR D W000779 2 Capital Construction Fund Qualified Withdrawal Act of 2002 - Amends the Merchant Marine Act and the Internal Revenue Code to permit as qualified withdrawals from fishing capital construction funds money used by retiring fishermen for the following purposes: (1) retiring an owner's commercial fishing vessels and related commercial fishing permits; (2) making a rollover contribution into an owner's individual retirement plan; and (3) making a payment of an industry fee authorized by the fishing capacity reduction program. 2025-08-19T17:30:18Z https://www.congress.gov/bill/107th-congress/senate-bill/1962
107-s-1940 107 s 1940 Ending the Double Standard for Stock Options Act Taxation 2002-02-13 2002-02-13 Read twice and referred to the Committee on Finance. Senate Sen. Levin, Carl [D-MI] MI D L000261 6 Ending the Double Standard for Stock Options Act - Amends the Internal Revenue Code to limit the amount of deductions taken for property transferred in connection with a stock option to the amount treated as an expense by taxpayer in ascertaining income, profit, or loss.Requires Secretary to formulate rules where the stock option is granted by a parent or subsidiary corporation.Excludes from the definition of "wages," for purposes of the research tax credit, the amount of property transferred in connection with a stock option and required to be included in a report or statement until such amount is so included. Limits the portion of the amount to be treated as wages to no more than the amount of the deduction taken with respect to such amount. 2025-08-19T17:32:15Z https://www.congress.gov/bill/107th-congress/senate-bill/1940
107-s-1942 107 s 1942 Biodiesel Promotion Act of 2002 Taxation 2002-02-13 2002-02-14 Sponsor introductory remarks on measure. (CR S845) Senate Sen. Lincoln, Blanche L. [D-AR] AR D L000035 2 Biodiesel Promotion Act of 2002 - Amends the Internal Revenue Code to establish, until December 31, 2012, a credit to promote the production and usage of biodiesel fuel. Imposes a tax for biodiesel not used as fuel, but for which a credit was granted. Reduces motor fuel excise taxes on biodiesel mixtures.Provides for transfers of funds from the Commodity Credit Corporation to the Highway Trust Fund in amounts equivalent to the reductions that would occur but for this Act. 2025-08-19T17:33:05Z https://www.congress.gov/bill/107th-congress/senate-bill/1942
107-s-1927 107 s 1927 A bill to amend the Internal Revenue Code of 1986 to freeze the highest Federal income tax rate at 38.6 percent. Taxation 2002-02-08 2002-02-08 Read twice and referred to the Committee on Finance. Senate Sen. Dayton, Mark [D-MN] MN D D000596 0 Amends the Internal Revenue Code to freeze the highest Federal income tax rate at 38.6% beginning after December 31, 2003. 2025-04-07T13:37:20Z https://www.congress.gov/bill/107th-congress/senate-bill/1927
107-s-1915 107 s 1915 A bill to amend the Internal Revenue Code of 1986 to treat natural gas distribution lines as 10-year property for depreciation purposes. Taxation 2002-02-07 2002-02-07 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S489) Senate Sen. Lincoln, Blanche L. [D-AR] AR D L000035 2 Amends the Internal Revenue Code to classify natural gas distribution lines as 10-year property for depreciation purposes. 2025-04-07T13:38:31Z https://www.congress.gov/bill/107th-congress/senate-bill/1915
107-s-1903 107 s 1903 BRIDGE Act of 2002 Taxation 2002-01-28 2002-01-28 Read twice and referred to the Committee on Finance. (text of measure as introduced: (CR S182-183) Senate Sen. Kerry, John F. [D-MA] MA D K000148 5 Business Retained Income During Growth and Expansion Act of 2002 or the BRIDGE Act of 2002 - Amends the Internal Revenue Code to permit an eligible small business to elect to pay its tax in four equal installments. Limits the maximum amount of tax which may be paid in installments for any taxable year to whichever of the following is the least: (1) the tax imposed for the taxable year; (2) the amount contributed by the taxpayer into a BRIDGE Account during such year; or (3) the excess of $250,000 over the aggregate amount of tax for which an election was made by the taxpayer for all prior taxable years. Limits the above provisions to taxes imposed for taxable years beginning after December 31, 2001, and before January 1, 2006.Sets forth provisions: (1) defining an eligible small business; (2) setting dates for installment payments and interest payments; (3) establishing BRIDGE accounts; and (4) providing for a study and report. 2025-08-19T17:29:28Z https://www.congress.gov/bill/107th-congress/senate-bill/1903
107-s-1863 107 s 1863 A bill to amend the Internal Revenue Code of 1986 to clarify treatment for foreign tax credit limitation purposes of certain transfers of intangible property. Taxation 2001-12-20 2001-12-20 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13946) Senate Sen. Graham, Bob [D-FL] FL D G000352 1 Amends the Internal Revenue Code to provide that for purposes of applying the foreign tax credit limitation with respect to amounts attributable to transfers of certain intangible property such amounts shall be treated in the same manner as if such amounts were royalties. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/1863
107-s-1873 107 s 1873 A bill to amend the Internal Revenue Code of 1986 to allow credits for the installation of energy efficiency home improvements, and for other purposes. Taxation 2001-12-20 2001-12-20 Read twice and referred to the Committee on Finance. Senate Sen. Snowe, Olympia J. [R-ME] ME R S000663 1 Amends the Internal Revenue Code to provide that, in the case of an individual, there shall be allowed a limited tax credit (up to $2,000 a dwelling) for qualified energy efficiency home improvements.Provides, for a business, a limited (up to $2,000 a dwelling) new energy efficient home credit for energy efficient property installed during the construction of a home. 2025-04-07T13:38:29Z https://www.congress.gov/bill/107th-congress/senate-bill/1873
107-s-1886 107 s 1886 Assisted Living Tax Credit Act Taxation 2001-12-20 2001-12-20 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13975-13978) Senate Sen. Dodd, Christopher J. [D-CT] CT D D000388 0 Assisted Living Tax Credit Act - Amends the Internal Revenue Code to establish a limited supported elderly housing credit for businesses for qualified supported elderly buildings and qualified supported elderly services provided in such buildings. 2025-08-19T17:29:09Z https://www.congress.gov/bill/107th-congress/senate-bill/1886
107-s-1856 107 s 1856 Teleworking Advancement Act Taxation 2001-12-19 2001-12-19 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13711-13712) Senate Sen. Kerry, John F. [D-MA] MA D K000148 3 Teleworking Advancement Act - Amends the Internal Revenue Code to allow a tax credit to employers of up to $500 annually for each employee participating in an employer-sponsored telework arrangement. Allows a tax credit for telework equipment expenses, as specified.Directs the Administrator of the Small Business Administration to conduct a pilot program promoting telecommuting among small business employers, with special outreach to individuals with disabilities. 2025-08-19T17:29:59Z https://www.congress.gov/bill/107th-congress/senate-bill/1856
107-s-1831 107 s 1831 A bill to provide alternative minimum tax relief with respect to incentive stock options exercised during 2000. Taxation 2001-12-14 2001-12-14 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13305) Senate Sen. Grassley, Chuck [R-IA] IA R G000386 1 Provides under the Internal Revenue Code (the Code), in the case of an incentive stock option exercised during calendar year 2000, the amount taken into account under provisions of the Code concerning adjustments in computing alternative minimum taxable income for individuals by reason of such exercise shall not exceed the amount that would have been taken into account if, on the date of such exercise, the fair market value of the stock acquired pursuant to such option had been its fair market value as of April 15, 2001 (or, if such stock is sold or exchanged on or before such date, the amount realized on such sale or exchange).Establishes adjusted gross income threshold and phaseout amounts for purposes of this adjustment. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/1831
107-s-1832 107 s 1832 A bill to amend the Internal Revenue Code of 1986 to modify the credit for the production of electricity from renewable resources to include production of energy from agricultural and animal waste. Taxation 2001-12-14 2001-12-14 Read twice and referred to the Committee on Finance. Senate Sen. Lincoln, Blanche L. [D-AR] AR D L000035 3 Amends the Internal Revenue Code to modify the credit for production of electricity from renewable resources to include production of energy from agricultural and animal waste, including by-products and associated materials. Limits such credit to facilities placed in service after 2001 and before 2007. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/1832
107-s-1817 107 s 1817 A bill to amend the Internal Revenue code of 1986 to provide for student loan forgiveness tax parity. Taxation 2001-12-13 2001-12-13 Read twice and referred to the Committee on Finance. Senate Sen. Voinovich, George V. [R-OH] OH R V000126 1 Amends the Internal Revenue Code to exclude from gross income payments made by a Federal agency to discharge a student loan when such discharge was a recruiting and/or retention incentive offered to highly qualified personnel. 2026-02-10T13:37:26Z https://www.congress.gov/bill/107th-congress/senate-bill/1817
107-s-1819 107 s 1819 A bill to provide that members of the Armed Forces performing services in the Republic of Korea shall be entitled to tax benefits in same manner as if such services were performed in a combat zone, and for other purposes. Taxation 2001-12-13 2001-12-13 Read twice and referred to the Committee on Finance. Senate Sen. Biden, Joseph R., Jr. [D-DE] DE D B000444 6 Extends the tax benefits available under the Internal Revenue Code for services performed in a combat zone to active duty performed by a member of the U.S. armed forces in the Republic of Korea in any area that qualifies such member for hardship duty pay. 2025-01-14T18:59:41Z https://www.congress.gov/bill/107th-congress/senate-bill/1819

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CREATE TABLE legislation (
    bill_id TEXT PRIMARY KEY,
    congress INTEGER,
    bill_type TEXT,
    bill_number INTEGER,
    title TEXT,
    policy_area TEXT,
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    latest_action_date TEXT,
    latest_action_text TEXT,
    origin_chamber TEXT,
    sponsor_name TEXT,
    sponsor_state TEXT,
    sponsor_party TEXT,
    sponsor_bioguide_id TEXT,
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    summary_text TEXT,
    update_date TEXT,
    url TEXT
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CREATE INDEX idx_leg_congress ON legislation(congress);
CREATE INDEX idx_leg_type ON legislation(bill_type);
CREATE INDEX idx_leg_policy ON legislation(policy_area);
CREATE INDEX idx_leg_date ON legislation(introduced_date);
CREATE INDEX idx_leg_sponsor ON legislation(sponsor_name);
CREATE INDEX idx_leg_sponsor_bioguide ON legislation(sponsor_bioguide_id);
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