This resolution celebrates the successes and contributions of Latinas in the United States and recognizes the changes still to be made to ensure that Latinas can realize their full potential as equal members of society.
Corporate Tax Dodging Prevention Act This bill modifies tax provisions relating to certain large domestic and foreign corporations to prevent offshoring of jobs and factories and tax evasion. Specifically, the bill restores higher tax rates on the taxable income of corporations and personal service corporations (up to 35% on taxable income exceeding $10 million); revises the definition of subpart F income for controlled foreign corporations to equalize tax rates on domestic and foreign corporations; requires multinational companies to disclose basic country-by-country information including revenues, profits, and number of employees; prohibits corporations from disregarding parts of their structure in determining whether they owe taxes in the current year or can defer payment (repeal of check-the-box rules); impose limitations on the tax deduction for the interest expense of members of financial reporting groups with excess domestic indebtedness; modifies rules relating to inverted corporations; treats corporations with gross assets of $50 million or more and managed and controlled in the United States as U.S. taxpayers; increases the rate and expands the applicability of the base erosion and anti-abuse excise tax; modifies foreign tax credit rules applicable to certain industries receiving specific economic benefits; and repeals the tax deduction for foreign-derived intangible income.
Help Students Vote Act This bill addresses voter registration of students who attend institutions of higher education (IHEs) that participate in federal student-aid programs. The bill also directs IHEs to use a specified portion of federal work-study grants to compensate students for civic engagement activities. Specifically, the bill (1) requires IHEs to make every reasonable effort to distribute voter registration applications to each of their students at least twice a year, (2) authorizes grants to IHEs that greatly exceed the requirements governing the distribution of voter registration applications, and (3) allows civil actions against IHEs that violate the requirements. In addition, the bill requires IHEs to use a specified portion of federal work-study grants to compensate students who are employed in civic engagement activities, including voter registration, nonpartisan voter engagement, and voter participation work.
Willie O'Ree Congressional Gold Medal Act This bill provides for the award of a Congressional Gold Medal to Willie O'Ree or, if unavailable, to a member of his family, in recognition of his contributions and commitment to hockey, inclusion, and recreational opportunity.
This bill requires the Joint Committee on the Library to enter into an agreement to obtain a statue of Shirley Chisholm, the first African American woman elected to Congress. The committee shall place the statue in a permanent public location in the U.S. Capitol.
Our Homes, Our Votes Act This bill facilitates voter registration for residents of certain federally assisted housing for the purpose of federal elections. Specifically, the bill requires each lease and annual income recertification for such housing that is administered by a public housing agency (PHA) to include a voter registration application. A PHA must send any completed application to state election officials. The bill also treats owners of federally assisted housing as voter registration agencies.
Delivering Envelopes Judiciously On-time Year-round Act or the DEJOY Act This bill requires the U.S. Postal Service (USPS) to maintain the service standards for first-class mail that were in effect on January 1, 2021. The Postmaster General proposed in March 2021 a 10-year restructuring plan for the USPS that would lengthen the permissible mail-delivery window.
End Oil and Gas Tax Subsidies Act of 2021 This bill limits or repeals certain fossil fuel oil and gas subsidies for oil companies. Specifically, it increases to seven years the amortization period for geological and geophysical expenditures; repeals the tax credits for producing oil and gas from marginal wells and for enhanced oil recovery; repeals the tax deduction for the intangible drilling and development costs of oil and gas wells; repeals percentage depletion; repeals the tax deduction for tertiary injectant expenses; repeals the passive loss exception for working interests in oil and gas property; denies the tax deduction for income attributable to domestic production activities for oil and gas activities; prohibits the use of the last-in, first-out (LIFO) accounting method by major integrated oil companies; limits the foreign tax credit for dual capacity taxpayers (i.e., taxpayers who are subject to a levy of a foreign country or U.S. possession and receive specific economic benefits from such country or possession); and expands the definition of crude oil for purposes of the excise tax on petroleum and petroleum products to include any oil derived from a bitumen or bituminous mixture (tar sands), and any oil derived from kerogen-bearing sources (oil shale).
Investing in Cures Before Missiles Act of 2021 or the ICBM Act This bill addresses the transfer and use of funds intended for defense programs. Specifically, the bill requires the Department of Defense (DOD) to transfer $1 billion of unobligated balances intended for its ground-based strategic deterrent program to the National Institute of Allergy and Infectious Disease for research on the development of a universal coronavirus vaccine. Next, the bill requires the Department of Energy to transfer unobligated balances for the W87-1 warhead modification program administered by the National Nuclear Security Administration to the Centers for Disease Control and Prevention to research and combat emerging and zoonotic infectious diseases. The bill prohibits the use of funds authorized for FY2022 for the ground-based strategic deterrent program or the W87-1 warhead modification program. Finally, the bill requires DOD to enter into a contract with the National Academy of Sciences to study extending to 2050 the life of Minuteman III intercontinental ballistic missiles.
Carbon Cost Act of 2021 This bill requires the Government Accountability Office to coordinate with the National Academy of Sciences to study alternatives for a nonpartisan congressional office or agency to make science-based projections of the effect of federal legislation on global greenhouse gas emissions.
Reopening America by Supporting Workers and Businesses Act of 2021 This bill permits states to provide a one-time lump sum payment, through July 1, 2021, to individuals who (1) were eligible for COVID-19 pandemic unemployment compensation during any week after enactment of this bill, and (2) are no longer eligible as a result of becoming thereafter reemployed. Payments of $1,200 shall be paid to individuals who work at least 30 hours and $600 to individuals who work at least 20 hours but less than 30. The payments are available for claimants (1) who are not employed by a government entity, (2) who return to work for at least four consecutive weeks, and (3) whose annual salary does not exceed $75,000. Before receipt of a payment, the individuals' employers must verify their hours and earnings. Additionally, the bill (1) accelerates a scheduled increase in funding for reemployment services and eligibility assessments (RESEA), (2) allows states to use RESEA funds to serve all workers receiving unemployment benefits, and not just those most likely to exhaust their benefits; and (3) allows states to provide reemployment services to individuals receiving pandemic unemployment assistance and pandemic emergency unemployment compensation. Finally, the bill reinstates the requirement that unemployment claimants certify they are able, available, and actively seeking work.
Shielding All Federal Employees and Consumers from Actionable Recall Situations Act of 2021 or the SAFE CARS Act This bill restricts the sale, lease, or use of recalled motor vehicles by federal agencies. Specifically, if an agency has received notification that a motor vehicle or related equipment owned by the agency contains a defect related to motor vehicle safety or does not comply with an applicable motor vehicle safety standard, the agency may not sell or lease the vehicle unless specified steps are taken to remedy the defect or noncompliance or must notify the purchaser or individual leasing the vehicle. The agency must make all reasonable efforts to prevent the use of such vehicle, subject to certain exceptions, until the defect or noncompliance has been remedied.
